ISO PESCA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ISO PESCA
Largest movements
- Cash +€164,491
up €164,491 (+85.2%), from €192,990 to €357,481
mainly Receivables within one year (+€106,701) and Tax, wage and social debts (+€67,161)
- Receivables within one year -€106,701
down €106,701 (-22.4%), from €475,930 to €369,229
of which Trade receivables: -€90,367
- Stocks and contracts +€88,970
up €88,970 (+74.0%), from €120,238 to €209,208
- Tangible fixed assets -€43,725
down €43,725 (-27.8%), from €157,107 to €113,382
of which Furniture and vehicles: -€27,538
- Intangible fixed assets -€18,485
down €18,485 (-33.7%), from €54,919 to €36,434
- Tax, wage and social debts +€67,161
up €67,161 (+66.5%), from €100,926 to €168,086
of which Taxes: +€61,410
- Reserves +€66,915
up €66,915 (+68.6%), from €97,541 to €164,456
of which Distributable reserves: +€66,915
- Trade debts +€61,022
up €61,022 (+34.2%), from €178,597 to €239,619
- Debts after one year -€44,533
down €44,533 (-17.5%), from €255,186 to €210,653
of which Financial debts: -€37,359
- Advances received -€30,100
down €30,100 (-44.5%), from €67,685 to €37,585
- Gross operating margin -€43,881
down €43,881 (-9.5%), from €460,224 to €416,343
- Other operating charges -€26,148
down €26,148 (-77.1%), from €33,908 to €7,760
- Taxes -€19,428
down €19,428 (-33.8%), from €57,540 to €38,112
- Staff costs +€10,342
up €10,342 (+4.7%), from €221,146 to €231,488
- Financial charges -€4,799
down €4,799 (-41.2%), from €11,657 to €6,857
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,004,228 | €1,097,147 | +€92,918 | +9.3% |
| Fixed assets | 21/28 | €212,027 | €149,817 | -€62,210 | -29.3% |
| Intangible fixed assets | 21 | €54,919 | €36,434 | -€18,485 | -33.7% |
| Tangible fixed assets | 22/27 | €157,107 | €113,382 | -€43,725 | -27.8% |
| Furniture and vehicles | 24 | €99,189 | €71,651 | -€27,538 | -27.8% |
| Leasing and similar rights | 25 | €4,770 | €3,134 | -€1,636 | -34.3% |
| Other tangible fixed assets | 26 | €53,149 | €38,598 | -€14,551 | -27.4% |
| Current assets | 29/58 | €792,202 | €947,330 | +€155,128 | +19.6% |
| Stocks and contracts in progress | 3 | €120,238 | €209,208 | +€88,970 | +74.0% |
| Stocks | 30/36 | €120,238 | €209,208 | +€88,970 | +74.0% |
| Amounts receivable within one year | 40/41 | €475,930 | €369,229 | -€106,701 | -22.4% |
| Trade receivables | 40 | €362,091 | €271,723 | -€90,367 | -25.0% |
| Other amounts receivable | 41 | €113,840 | €97,506 | -€16,334 | -14.3% |
| Cash at bank and in hand | 54/58 | €192,990 | €357,481 | +€164,491 | +85.2% |
| Deferred charges and accrued income | 490/1 | €3,043 | €11,411 | +€8,369 | +275% |
| Total equity and liabilities | 10/49 | €1,004,228 | €1,097,147 | +€92,918 | +9.3% |
| Equity | 10/15 | €331,924 | €398,839 | +€66,915 | +20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €97,541 | €164,456 | +€66,915 | +68.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €95,541 | €162,456 | +€66,915 | +70.0% |
| Profit (loss) carried forward | 14 | €214,383 | €214,383 | = | 0.0% |
| Amounts payable | 17/49 | €672,304 | €698,308 | +€26,004 | +3.9% |
| Amounts payable after more than one year | 17 | €255,186 | €210,653 | -€44,533 | -17.5% |
| Financial debts | 170/4 | €221,330 | €183,971 | -€37,359 | -16.9% |
| Other amounts payable | 178/9 | €33,856 | €26,682 | -€7,174 | -21.2% |
| Amounts payable within one year | 42/48 | €417,118 | €487,655 | +€70,537 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €39,910 | €42,365 | +€2,455 | +6.2% |
| Financial debts | 43 | €30,000 | - | -€30,000 | |
| Credit institutions | 430/8 | €30,000 | - | -€30,000 | |
| Trade debts | 44 | €178,597 | €239,619 | +€61,022 | +34.2% |
| Suppliers | 440/4 | €178,597 | €239,619 | +€61,022 | +34.2% |
| Advances received on contracts in progress | 46 | €67,685 | €37,585 | -€30,100 | -44.5% |
| Taxes, remuneration and social security | 45 | €100,926 | €168,086 | +€67,161 | +66.5% |
| Taxes | 450/3 | €84,372 | €145,782 | +€61,410 | +72.8% |
| Remuneration and social security | 454/9 | €16,554 | €22,304 | +€5,750 | +34.7% |
| Remuneration, social security and pensions | 62 | €221,146 | €231,488 | +€10,342 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,549 | €65,210 | -€2,338 | -3.5% |
| Other operating charges | 640/8 | €33,908 | €7,760 | -€26,148 | -77.1% |
| Gross operating margin | 9900 | €460,224 | €416,343 | -€43,881 | -9.5% |
| Operating profit (loss) | 9901 | €137,621 | €111,884 | -€25,737 | -18.7% |
| Financial income | 75/76B | €2,116 | - | -€2,116 | |
| Recurring financial income | 75 | €2,116 | - | -€2,116 | |
| Financial charges | 65/66B | €11,657 | €6,857 | -€4,799 | -41.2% |
| Recurring financial charges | 65 | €11,657 | €6,857 | -€4,799 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €128,081 | €105,027 | -€23,054 | -18.0% |
| Income taxes | 67/77 | €57,540 | €38,112 | -€19,428 | -33.8% |
| Profit (loss) for the period | 9904 | €70,541 | €66,915 | -€3,626 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,541 | €66,915 | -€3,626 | -5.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.