Isochape: 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
Isochape
NACE 43.422, Screed work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€213,657
2024 · €126,773+€86,885
Equity
€601,223
2024 · €487,565+€113,657
Cash
€156,410
2024 · €83,681+€72,729
Balance sheet total
€1.3m
2024 · €1.2m+€65,359
Largest movements
Assets
- Tangible fixed assets -€342,824
down €342,824 (-61.0%), from €561,697 to €218,872
of which Leasing and similar rights: -€329,769
- Receivables within one year +€335,411
up €335,411 (+69.8%), from €480,733 to €816,144
of which Trade receivables: +€351,075
- Cash +€72,729
up €72,729 (+86.9%), from €83,681 to €156,410
mainly Investment in fixed assets (net) (+€275,841) and Net result for the year (+€213,657)
Equity and liabilities
- Debts after one year -€268,574
down €268,574 (-93.7%), from €286,543 to €17,969
- Trade debts +€170,267
up €170,267 (+62.4%), from €272,917 to €443,184
- Profit (loss) carried forward +€113,657
up €113,657 (+35.2%), from €322,565 to €436,223
- Short-term financial debts +€100,000
new in 2025: €100,000
- Current portion of long-term debt -€35,830
down €35,830 (-80.3%), from €44,642 to €8,812
Income statement
- Turnover -€3.3m
no longer reported in 2025 (was €3.3m)
- Goods and materials -€2.3m
no longer reported in 2025 (was €2.3m)
of which Purchases: -€2.4m
- Services and other goods -€645,344
no longer reported in 2025 (was €645,344)
- Gross operating margin +€593,450
new in 2025: €593,450
- Write-downs +€47,230
new in 2025: €47,230
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
€126,773
Turnover
-€3.3m
Other operating income
-€40,306
Goods and materials
+€2.3m
Services and other goods
+€645,344
Staff costs
-€14,932
Depreciation
+€26,927
Write-downs
-€47,230
Other operating charges
+€2,337
Other operating items
+€586,182
Financial income
+€4,062
Financial charges
-€2,494
Taxes
-€30,991
Result 2025
€213,657
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
+€101,293
Investment
+€275,841
Financing
-€304,404
Cash 2024
€83,681
From operations (derived)
+€101,293
Net result for the year
+€213,657
Depreciation
+€66,984
Smaller working-capital items
-€43
Receivables within one year
-€335,411
Trade debts
+€170,267
Tax, wage and social debts
+€7,893
Other debts
-€25,000
Accrued charges and deferred income
+€2,946
Investment (derived)
+€275,841
Investment in fixed assets (net)
+€275,841
Financing
-€304,404
Debts after one year
-€268,574
Current portion of long-term debt
-€35,830
Short-term financial debts
+€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€156,410
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,241,372 | €1,306,731 | +€65,359 | +5.3% |
| Fixed assets | 21/28 | €562,197 | €219,372 | -€342,824 | -61.0% |
| Tangible fixed assets | 22/27 | €561,697 | €218,872 | -€342,824 | -61.0% |
| Plant, machinery and equipment | 23 | €57,342 | €66,287 | +€8,945 | +15.6% |
| Furniture and vehicles | 24 | €174,586 | €152,585 | -€22,001 | -12.6% |
| Leasing and similar rights | 25 | €329,769 | - | -€329,769 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | - | -€500 | |
| Amounts receivable and cash guarantees | 285/8 | €500 | - | -€500 | |
| Current assets | 29/58 | €679,176 | €1,087,359 | +€408,183 | +60.1% |
| Stocks and contracts in progress | 3 | €114,762 | €114,050 | -€712 | -0.6% |
| Stocks | 30/36 | €114,762 | €114,050 | -€712 | -0.6% |
| Raw materials and consumables | 30/31 | €114,762 | - | -€114,762 | |
| Amounts receivable within one year | 40/41 | €480,733 | €816,144 | +€335,411 | +69.8% |
| Trade receivables | 40 | €375,514 | €726,589 | +€351,075 | +93.5% |
| Other amounts receivable | 41 | €105,219 | €89,555 | -€15,664 | -14.9% |
| Cash at bank and in hand | 54/58 | €83,681 | €156,410 | +€72,729 | +86.9% |
| Deferred charges and accrued income | 490/1 | - | €755 | +€755 | |
| Total equity and liabilities | 10/49 | €1,241,372 | €1,306,731 | +€65,359 | +5.3% |
| Equity | 10/15 | €487,565 | €601,223 | +€113,657 | +23.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,565 | €436,223 | +€113,657 | +35.2% |
| Amounts payable | 17/49 | €753,807 | €705,508 | -€48,299 | -6.4% |
| Amounts payable after more than one year | 17 | €286,543 | €17,969 | -€268,574 | -93.7% |
| Financial debts | 170/4 | €286,543 | €17,969 | -€268,574 | -93.7% |
| Leasing and similar obligations | 172 | €286,543 | - | -€286,543 | |
| Amounts payable within one year | 42/48 | €467,264 | €684,593 | +€217,330 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €44,642 | €8,812 | -€35,830 | -80.3% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Other loans | 439 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €272,917 | €443,184 | +€170,267 | +62.4% |
| Suppliers | 440/4 | €272,917 | €443,184 | +€170,267 | +62.4% |
| Taxes, remuneration and social security | 45 | €24,704 | €32,597 | +€7,893 | +31.9% |
| Taxes | 450/3 | €17,551 | €32,597 | +€15,046 | +85.7% |
| Remuneration and social security | 454/9 | €7,154 | - | -€7,154 | |
| Other amounts payable | 47/48 | €125,000 | €100,000 | -€25,000 | -20.0% |
| Accrued charges and deferred income | 492/3 | - | €2,946 | +€2,946 | |
| Operating income | 70/76A | €3,384,352 | - | -€3.4m | |
| Turnover | 70 | €3,344,046 | - | -€3.3m | |
| Other operating income | 74 | €40,306 | - | -€40,306 | |
| Operating charges | 60/66A | €3,208,478 | - | -€3.2m | |
| Goods for resale, raw materials and consumables | 60 | €2,302,031 | - | -€2.3m | |
| Purchases | 600/8 | €2,408,854 | - | -€2.4m | |
| Change in stocks: decrease (increase) | 609 | -€106,823 | - | +€106,823 | |
| Services and other goods | 61 | €645,344 | - | -€645,344 | |
| Remuneration, social security and pensions | 62 | €151,062 | €165,994 | +€14,932 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,911 | €66,984 | -€26,927 | -28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €47,230 | +€47,230 | |
| Other operating charges | 640/8 | €11,130 | €8,793 | -€2,337 | -21.0% |
| Non-recurring operating charges | 66A | €5,000 | €12,269 | +€7,269 | +145% |
| Gross operating margin | 9900 | - | €593,450 | +€593,450 | |
| Operating profit (loss) | 9901 | €175,874 | €292,182 | +€116,308 | +66.1% |
| Financial income | 75/76B | €6,412 | €10,474 | +€4,062 | +63.3% |
| Recurring financial income | 75 | €6,412 | €10,474 | +€4,062 | +63.3% |
| Other financial income | 752/9 | €6,412 | - | -€6,412 | |
| Financial charges | 65/66B | €12,206 | €14,700 | +€2,494 | +20.4% |
| Recurring financial charges | 65 | €12,206 | €14,700 | +€2,494 | +20.4% |
| Debt charges | 650 | €7,960 | - | -€7,960 | |
| Other financial charges | 652/9 | €4,246 | - | -€4,246 | |
| Profit (loss) for the period before taxes | 9903 | €170,080 | €287,955 | +€117,875 | +69.3% |
| Income taxes | 67/77 | €43,307 | €74,298 | +€30,991 | +71.6% |
| Taxes | 670/3 | €43,307 | - | -€43,307 | |
| Profit (loss) for the period | 9904 | €126,773 | €213,657 | +€86,885 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €126,773 | €213,657 | +€86,885 | +68.5% |
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.