ISOBUILD HOBOKEN: 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
ISOBUILD HOBOKEN
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€883,262
2024 · €108,171-€991,433
Equity
€5.6m
2024 · €10.2m-€4.7m
Cash
€513,497
2024 · €274,007+€239,490
Balance sheet total
€36.4m
2024 · €57.1m-€20.7m
Largest movements
Assets
- Financial fixed assets -€33.8m
down €33.8m (-100%), from €33.8m to €0
- Receivables within one year +€14.3m
up €14.3m (+71.8%), from €20.0m to €34.3m
of which Other amounts receivable: +€17.2m
- Stocks and contracts -€1.2m
down €1.2m (-55.9%), from €2.2m to €958,445
Equity and liabilities
- Debts after one year -€22.7m
down €22.7m (-85.0%), from €26.7m to €4.0m
- Other debts +€7.8m
up €7.8m (+54.5%), from €14.3m to €22.1m
- Profit (loss) carried forward -€3.1m
down €3.1m (-57.6%), from €5.4m to €2.3m
- Contributions -€1.6m
down €1.6m (-35.4%), from €4.4m to €2.9m
of which Capital: -€1.6m
- Accrued charges and deferred income -€1.5m
down €1.5m (-81.7%), from €1.8m to €333,157
Income statement
- Financial charges +€3.1m
up €3.1m (+113%), from €2.7m to €5.8m
of which Non-recurring financial charges: +€4.0m
- Turnover -€2.8m
down €2.8m (-8.3%), from €33.4m to €30.6m
- Financial income +€2.5m
up €2.5m (+104%), from €2.4m to €5.0m
of which Financial income: +€1.3m
- Goods and materials -€1.6m
down €1.6m (-6.1%), from €26.7m to €25.1m
of which Purchases: -€1.3m
- Services and other goods -€500,246
down €500,246 (-11.1%), from €4.5m to €4.0m
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
€108,171
Turnover
-€2.8m
Other operating income
-€129,149
Goods and materials
+€1.6m
Services and other goods
+€500,246
Staff costs
+€188,667
Depreciation
+€19,222
Write-downs
+€190,300
Other operating charges
-€241,910
Other operating items
-€6,718
Financial income
+€2.5m
Financial charges
-€3.1m
Taxes
+€131,878
Result 2025
-€883,262
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
-€7.2m
Investment
+€33.8m
Financing
-€26.4m
Cash 2024
€274,007
From operations (derived)
-€7.2m
Net result for the year
-€883,262
Depreciation
+€155,331
Stocks and contracts
+€1.2m
Receivables within one year
-€14.3m
Smaller working-capital items
-€15,507
Tax, wage and social debts
+€319,083
Other debts
+€7.8m
Accrued charges and deferred income
-€1.5m
Investment (derived)
+€33.8m
Investment in fixed assets (net)
+€33.8m
Financing
-€26.4m
Debts after one year
-€22.7m
Short-term financial debts
+€95,206
Contributions, distributions and other
-€3.8m
Cash 2025
€513,497
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,093,410 | €36,419,341 | -€20.7m | -36.2% |
| Fixed assets | 21/28 | €34,553,374 | €574,866 | -€34.0m | -98.3% |
| Intangible fixed assets | 21 | €492,407 | €394,333 | -€98,074 | -19.9% |
| Tangible fixed assets | 22/27 | €222,855 | €180,532 | -€42,323 | -19.0% |
| Plant, machinery and equipment | 23 | €4,154 | €2,206 | -€1,948 | -46.9% |
| Furniture and vehicles | 24 | €58,923 | €30,539 | -€28,384 | -48.2% |
| Other tangible fixed assets | 26 | €159,778 | €147,787 | -€11,990 | -7.5% |
| Financial fixed assets | 28 | €33,838,111 | €0 | -€33.8m | -100% |
| Affiliated companies | 280/1 | €33,838,111 | €0 | -€33.8m | -100% |
| Participating interests | 280 | €33,838,111 | €0 | -€33.8m | -100% |
| Current assets | 29/58 | €22,540,036 | €35,844,475 | +€13.3m | +59.0% |
| Stocks and contracts in progress | 3 | €2,174,765 | €958,445 | -€1.2m | -55.9% |
| Stocks | 30/36 | €2,174,765 | €958,445 | -€1.2m | -55.9% |
| Goods purchased for resale | 34 | €2,174,765 | €958,445 | -€1.2m | -55.9% |
| Amounts receivable within one year | 40/41 | €19,986,010 | €34,327,156 | +€14.3m | +71.8% |
| Trade receivables | 40 | €7,737,718 | €4,901,553 | -€2.8m | -36.7% |
| Other amounts receivable | 41 | €12,248,292 | €29,425,604 | +€17.2m | +140% |
| Cash at bank and in hand | 54/58 | €274,007 | €513,497 | +€239,490 | +87.4% |
| Deferred charges and accrued income | 490/1 | €105,254 | €45,376 | -€59,878 | -56.9% |
| Total equity and liabilities | 10/49 | €57,093,410 | €36,419,341 | -€20.7m | -36.2% |
| Equity | 10/15 | €10,245,559 | €5,590,087 | -€4.7m | -45.4% |
| Contributions | 10/11 | €4,448,610 | €2,875,642 | -€1.6m | -35.4% |
| Capital | 10 | €4,447,000 | €2,874,601 | -€1.6m | -35.4% |
| Issued capital | 100 | €4,447,000 | €2,874,601 | -€1.6m | -35.4% |
| Contributions outside capital | 11 | €1,610 | €1,041 | -€569 | -35.4% |
| Share premium | 1100/10 | €1,610 | €1,041 | -€569 | -35.4% |
| Reserves | 13 | €444,700 | €444,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €444,700 | €444,700 | = | 0.0% |
| Legal reserve | 130 | €444,700 | €444,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,352,249 | €2,269,745 | -€3.1m | -57.6% |
| Amounts payable | 17/49 | €46,847,850 | €30,829,254 | -€16.0m | -34.2% |
| Amounts payable after more than one year | 17 | €26,673,450 | €4,000,000 | -€22.7m | -85.0% |
| Financial debts | 170/4 | €26,673,450 | €4,000,000 | -€22.7m | -85.0% |
| Other loans | 174 | €26,673,450 | €4,000,000 | -€22.7m | -85.0% |
| Amounts payable within one year | 42/48 | €18,354,929 | €26,496,097 | +€8.1m | +44.4% |
| Financial debts | 43 | €2,403,341 | €2,498,547 | +€95,206 | +4.0% |
| Credit institutions | 430/8 | €2,403,341 | €2,498,547 | +€95,206 | +4.0% |
| Trade debts | 44 | €1,144,219 | €1,068,835 | -€75,384 | -6.6% |
| Suppliers | 440/4 | €1,144,219 | €1,068,835 | -€75,384 | -6.6% |
| Taxes, remuneration and social security | 45 | €483,692 | €802,774 | +€319,083 | +66.0% |
| Taxes | 450/3 | €265,872 | €639,163 | +€373,292 | +140% |
| Remuneration and social security | 454/9 | €217,820 | €163,611 | -€54,209 | -24.9% |
| Other amounts payable | 47/48 | €14,323,677 | €22,125,941 | +€7.8m | +54.5% |
| Accrued charges and deferred income | 492/3 | €1,819,472 | €333,157 | -€1.5m | -81.7% |
| Operating income | 70/76A | €33,807,562 | €30,914,518 | -€2.9m | -8.6% |
| Turnover | 70 | €33,367,619 | €30,610,441 | -€2.8m | -8.3% |
| Other operating income | 74 | €431,525 | €302,376 | -€129,149 | -29.9% |
| Non-recurring operating income | 76A | €8,418 | €1,700 | -€6,718 | -79.8% |
| Operating charges | 60/66A | €33,347,948 | €31,049,294 | -€2.3m | -6.9% |
| Goods for resale, raw materials and consumables | 60 | €26,741,061 | €25,098,932 | -€1.6m | -6.1% |
| Purchases | 600/8 | €26,562,159 | €25,285,762 | -€1.3m | -4.8% |
| Change in stocks: decrease (increase) | 609 | €178,902 | -€186,830 | -€365,732 | |
| Services and other goods | 61 | €4,517,815 | €4,017,569 | -€500,246 | -11.1% |
| Remuneration, social security and pensions | 62 | €1,971,139 | €1,782,472 | -€188,667 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,553 | €155,331 | -€19,222 | -11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€77,056 | -€267,356 | -€190,300 | -247% |
| Other operating charges | 640/8 | €20,436 | €262,346 | +€241,910 | +1,184% |
| Operating profit (loss) | 9901 | €459,614 | -€134,776 | -€594,390 | |
| Financial income | 75/76B | €2,442,325 | €4,989,398 | +€2.5m | +104% |
| Recurring financial income | 75 | €2,442,325 | €3,759,766 | +€1.3m | +53.9% |
| Income from financial fixed assets | 750 | €1,500,000 | €2,902,604 | +€1.4m | +93.5% |
| Other financial income | 752/9 | €942,325 | €857,161 | -€85,163 | -9.0% |
| Non-recurring financial income | 76B | - | €1,229,632 | +€1.2m | |
| Financial charges | 65/66B | €2,726,191 | €5,802,185 | +€3.1m | +113% |
| Recurring financial charges | 65 | €2,726,191 | €1,827,185 | -€899,006 | -33.0% |
| Debt charges | 650 | €2,489,179 | €1,592,835 | -€896,344 | -36.0% |
| Other financial charges | 652/9 | €237,012 | €234,350 | -€2,662 | -1.1% |
| Non-recurring financial charges | 66B | - | €3,975,000 | +€4.0m | |
| Profit (loss) for the period before taxes | 9903 | €175,748 | -€947,563 | -€1.1m | |
| Income taxes | 67/77 | €67,577 | -€64,301 | -€131,878 | |
| Taxes | 670/3 | €67,577 | - | -€67,577 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €64,301 | +€64,301 | |
| Profit (loss) for the period | 9904 | €108,171 | -€883,262 | -€991,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €108,171 | -€883,262 | -€991,433 |
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 16 October 2026 via checked.be.