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ISO-PLUS: what changed

Two fiscal 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.

What changed

ISO-PLUS

BE 0795.129.190
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,096
2024 · €45,323-€24,228
Equity
€153,690
2024 · €132,594+€21,096
Cash
€132,386
2024 · €80,324+€52,062
Balance sheet total
€366,165
2024 · €330,844+€35,321

Largest movements

2024 to 2025
Assets
  • Cash +€52,062

    up €52,062 (+64.8%), from €80,324 to €132,386

    mainly Trade debts (+€37,351) and Depreciation (+€24,129)

  • Tangible fixed assets -€23,519

    down €23,519 (-53.6%), from €43,853 to €20,335

    of which Furniture and vehicles: -€19,859

  • Receivables within one year +€4,483

    up €4,483 (+2.2%), from €205,056 to €209,539

Equity and liabilities
  • Trade debts +€37,351

    up €37,351 (+43.2%), from €86,421 to €123,772

  • Profit (loss) carried forward +€21,096

    up €21,096 (+16.3%), from €129,594 to €150,690

  • Debts after one year -€12,891

    down €12,891 (-53.4%), from €24,121 to €11,230

  • Tax, wage and social debts -€10,844

    down €10,844 (-14.6%), from €74,226 to €63,383

    of which Taxes: -€8,934

Income statement
  • Turnover -€679,846

    no longer reported in 2025 (was €679,846)

  • Purchases and services +€173,499

    up €173,499 (+28.5%), from €608,871 to €782,370

  • Gross operating margin -€19,604

    down €19,604 (-20.5%), from €95,670 to €76,066

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €45,323
Gross operating margin -€19,604
Staff costs -€3,158
Depreciation -€848
Other operating charges +€2,299
Financial income +€0
Financial charges -€5,206
Taxes +€2,289
Result 2025 €21,096

Cash bridge derived

cash 2024 to 2025

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.

From operations +€64,344
Investment €0
Financing -€12,282
Cash 2024 €80,324
Net result for the year +€21,096
Depreciation +€24,129
Receivables within one year -€4,483
Deferred charges and accrued income -€2,905
Trade debts +€37,351
Tax, wage and social debts -€10,844
Debts after one year -€12,891
Current portion of long-term debt +€609
Cash 2025 €132,386
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €330,844 €366,165 +€35,321 +10.7%
Fixed assets 21/28 €45,463 €21,335 -€24,129 -53.1%
Intangible fixed assets 21 €610 - -€610
Tangible fixed assets 22/27 €43,853 €20,335 -€23,519 -53.6%
Plant, machinery and equipment 23 €7,563 €3,903 -€3,660 -48.4%
Furniture and vehicles 24 €36,290 €16,431 -€19,859 -54.7%
Financial fixed assets 28 €1,000 €1,000 = 0.0%
Current assets 29/58 €285,381 €344,830 +€59,450 +20.8%
Amounts receivable within one year 40/41 €205,056 €209,539 +€4,483 +2.2%
Trade receivables 40 €205,056 €209,539 +€4,483 +2.2%
Cash at bank and in hand 54/58 €80,324 €132,386 +€52,062 +64.8%
Deferred charges and accrued income 490/1 - €2,905 +€2,905
Total equity and liabilities 10/49 €330,844 €366,165 +€35,321 +10.7%
Equity 10/15 €132,594 €153,690 +€21,096 +15.9%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €129,594 €150,690 +€21,096 +16.3%
Amounts payable 17/49 €198,250 €212,475 +€14,225 +7.2%
Amounts payable after more than one year 17 €24,121 €11,230 -€12,891 -53.4%
Financial debts 170/4 €24,121 €11,230 -€12,891 -53.4%
Amounts payable within one year 42/48 €174,129 €201,246 +€27,116 +15.6%
Current portion of amounts payable after more than one year 42 €12,282 €12,891 +€609 +5.0%
Trade debts 44 €86,421 €123,772 +€37,351 +43.2%
Suppliers 440/4 €86,421 €123,772 +€37,351 +43.2%
Taxes, remuneration and social security 45 €74,226 €63,383 -€10,844 -14.6%
Taxes 450/3 €72,316 €63,383 -€8,934 -12.4%
Remuneration and social security 454/9 €1,910 - -€1,910
Other amounts payable 47/48 €1,200 €1,200 = 0.0%
Turnover 70 €679,846 - -€679,846
Goods, raw materials, services and sundry goods 60/61 €608,871 €782,370 +€173,499 +28.5%
Remuneration, social security and pensions 62 €7,660 €10,818 +€3,158 +41.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,281 €24,129 +€848 +3.6%
Other operating charges 640/8 €3,806 €1,506 -€2,299 -60.4%
Gross operating margin 9900 €95,670 €76,066 -€19,604 -20.5%
Operating profit (loss) 9901 €60,923 €39,613 -€21,310 -35.0%
Financial income 75/76B €0 €0 +€0 +175.0%
Recurring financial income 75 €0 €0 +€0 +175.0%
Financial charges 65/66B €2,244 €7,450 +€5,206 +232.0%
Recurring financial charges 65 €2,244 €7,450 +€5,206 +232.0%
Profit (loss) for the period before taxes 9903 €58,679 €32,163 -€26,517 -45.2%
Income taxes 67/77 €13,356 €11,067 -€2,289 -17.1%
Profit (loss) for the period 9904 €45,323 €21,096 -€24,228 -53.5%
Profit (loss) for the period to be appropriated 9905 €45,323 €21,096 -€24,228 -53.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.