Isobowl: 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.
What changed
Isobowl
NACE 93.110, Operation of sports facilities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €890,819+€305,253
Equity
€5.9m
2024 · €4.7m+€1.2m
Cash
€1.2m
2024 · €776,404+€432,162
Balance sheet total
€11.8m
2024 · €9.1m+€2.7m
Largest movements
Assets
- Current investments +€1.5m
new in 2025: €1.5m
- Tangible fixed assets +€1.0m
up €1.0m (+16.5%), from €6.3m to €7.4m
of which Other tangible fixed assets: +€1.0m
- Cash +€432,162
up €432,162 (+55.7%), from €776,404 to €1.2m
mainly Other debts (+€1.8m) and Net result for the year (+€1.2m)
- Receivables within one year -€223,679
down €223,679 (-73.5%), from €304,314 to €80,635
of which Other amounts receivable: -€170,830
Equity and liabilities
- Other debts +€1.8m
up €1.8m (+141%), from €1.3m to €3.1m
- Profit (loss) carried forward +€1.2m
up €1.2m (+133%), from €915,157 to €2.1m
- Debts after one year -€280,000
down €280,000 (-12.5%), from €2.2m to €2.0m
- Accrued charges and deferred income +€188,437
up €188,437 (+8,288%), from €2,274 to €190,711
- Trade debts -€149,438
down €149,438 (-36.5%), from €409,562 to €260,123
Income statement
- Gross operating margin +€607,019
up €607,019 (+34.8%), from €1.7m to €2.4m
- Taxes +€143,301
up €143,301 (+103%), from €139,325 to €282,626
- Depreciation +€111,891
up €111,891 (+15.6%), from €717,939 to €829,830
- Financial income -€108,246
down €108,246 (-34.4%), from €315,093 to €206,846
- Staff costs -€69,853
down €69,853 (-43.6%), from €160,238 to €90,385
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.
Result 2024
€890,819
Gross operating margin
+€607,019
Staff costs
+€69,853
Depreciation
-€111,891
Other operating charges
+€7,530
Other operating items
+€4,616
Financial income
-€108,246
Financial charges
-€19,066
Taxes
-€143,301
Deferred taxes and other
-€1,262
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.1m
Investment
-€3.4m
Financing
-€330,000
Cash 2024
€776,404
From operations (derived)
+€4.1m
Net result for the year
+€1.2m
Depreciation
+€829,830
Smaller working-capital items
+€4,121
Receivables within one year
+€223,679
Deferred charges and accrued income
-€9,092
Provisions
-€6,851
Trade debts
-€149,438
Tax, wage and social debts
+€12,544
Other debts
+€1.8m
Accrued charges and deferred income
+€188,437
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€1.9m
Current investments
-€1.5m
Financing
-€330,000
Debts after one year
-€280,000
Short-term financial debts
-€50,000
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,092,173 | €11,839,381 | +€2.7m | +30.2% |
| Fixed assets | 21/28 | €7,944,075 | €8,974,798 | +€1.0m | +13.0% |
| Intangible fixed assets | 21 | €28,199 | €12,498 | -€15,702 | -55.7% |
| Tangible fixed assets | 22/27 | €6,337,600 | €7,384,025 | +€1.0m | +16.5% |
| Land and buildings | 22 | €299,555 | €329,245 | +€29,690 | +9.9% |
| Plant, machinery and equipment | 23 | €245,074 | €259,961 | +€14,888 | +6.1% |
| Furniture and vehicles | 24 | €166,639 | €123,622 | -€43,017 | -25.8% |
| Other tangible fixed assets | 26 | €5,626,332 | €6,671,196 | +€1.0m | +18.6% |
| Financial fixed assets | 28 | €1,578,276 | €1,578,276 | = | 0.0% |
| Current assets | 29/58 | €1,148,098 | €2,864,583 | +€1.7m | +150% |
| Stocks and contracts in progress | 3 | €52,112 | €51,023 | -€1,089 | -2.1% |
| Stocks | 30/36 | €52,112 | €51,023 | -€1,089 | -2.1% |
| Amounts receivable within one year | 40/41 | €304,314 | €80,635 | -€223,679 | -73.5% |
| Trade receivables | 40 | €133,125 | €80,276 | -€52,849 | -39.7% |
| Other amounts receivable | 41 | €171,189 | €359 | -€170,830 | -99.8% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €776,404 | €1,208,565 | +€432,162 | +55.7% |
| Deferred charges and accrued income | 490/1 | €15,268 | €24,360 | +€9,092 | +59.5% |
| Total equity and liabilities | 10/49 | €9,092,173 | €11,839,381 | +€2.7m | +30.2% |
| Equity | 10/15 | €4,743,023 | €5,939,095 | +€1.2m | +25.2% |
| Contributions | 10/11 | €806,000 | €806,000 | = | 0.0% |
| Capital | 10 | €806,000 | €806,000 | = | 0.0% |
| Issued capital | 100 | €806,000 | €806,000 | = | 0.0% |
| Reserves | 13 | €3,021,866 | €3,001,313 | -€20,553 | -0.7% |
| Non-distributable reserves | 130/1 | €80,600 | €80,600 | = | 0.0% |
| Legal reserve | 130 | €80,600 | €80,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €144,640 | €124,087 | -€20,553 | -14.2% |
| Distributable reserves | 133 | €2,796,626 | €2,796,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | €915,157 | €2,131,783 | +€1.2m | +133% |
| Provisions and deferred taxes | 16 | €16,972 | €10,121 | -€6,851 | -40.4% |
| Deferred taxes | 168 | €16,972 | €10,121 | -€6,851 | -40.4% |
| Amounts payable | 17/49 | €4,332,178 | €5,890,166 | +€1.6m | +36.0% |
| Amounts payable after more than one year | 17 | €2,240,000 | €1,960,000 | -€280,000 | -12.5% |
| Financial debts | 170/4 | €2,240,000 | €1,960,000 | -€280,000 | -12.5% |
| Amounts payable within one year | 42/48 | €2,089,905 | €3,739,455 | +€1.6m | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €280,000 | €280,000 | = | 0.0% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €409,562 | €260,123 | -€149,438 | -36.5% |
| Suppliers | 440/4 | €409,562 | €260,123 | -€149,438 | -36.5% |
| Advances received on contracts in progress | 46 | €12,164 | €15,197 | +€3,032 | +24.9% |
| Taxes, remuneration and social security | 45 | €37,764 | €50,308 | +€12,544 | +33.2% |
| Taxes | 450/3 | €26,603 | €43,638 | +€17,035 | +64.0% |
| Remuneration and social security | 454/9 | €11,162 | €6,671 | -€4,491 | -40.2% |
| Other amounts payable | 47/48 | €1,300,414 | €3,133,826 | +€1.8m | +141% |
| Accrued charges and deferred income | 492/3 | €2,274 | €190,711 | +€188,437 | +8,288% |
| Non-recurring operating income | 76A | €40,000 | €0 | -€40,000 | -100% |
| Remuneration, social security and pensions | 62 | €160,238 | €90,385 | -€69,853 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717,939 | €829,830 | +€111,891 | +15.6% |
| Other operating charges | 640/8 | €17,761 | €10,231 | -€7,530 | -42.4% |
| Non-recurring operating charges | 66A | €4,616 | €0 | -€4,616 | -100% |
| Gross operating margin | 9900 | €1,743,751 | €2,350,769 | +€607,019 | +34.8% |
| Operating profit (loss) | 9901 | €843,196 | €1,420,323 | +€577,127 | +68.4% |
| Financial income | 75/76B | €315,093 | €206,846 | -€108,246 | -34.4% |
| Recurring financial income | 75 | €315,093 | €206,846 | -€108,246 | -34.4% |
| Financial charges | 65/66B | €136,257 | €155,323 | +€19,066 | +14.0% |
| Recurring financial charges | 65 | €136,257 | €155,323 | +€19,066 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €1,022,032 | €1,471,847 | +€449,815 | +44.0% |
| Transfer from deferred taxes | 780 | €8,113 | €6,851 | -€1,262 | -15.6% |
| Income taxes | 67/77 | €139,325 | €282,626 | +€143,301 | +103% |
| Profit (loss) for the period | 9904 | €890,819 | €1,196,072 | +€305,253 | +34.3% |
| Transfer from tax-exempt reserves | 789 | €24,338 | €20,553 | -€3,785 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €915,157 | €1,216,625 | +€301,468 | +32.9% |
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 14 October 2026 via checked.be.