ISOCOM: 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.
ISOCOM
Largest movements
- Cash -€88,276
down €88,276 (-25.5%), from €346,162 to €257,887
mainly Investment in fixed assets (net) (-€210,207) and Other debts (-€125,053)
- Receivables within one year +€76,908
up €76,908 (+300.6%), from €25,581 to €102,489
of which Other amounts receivable: +€77,137
- Tangible fixed assets +€65,811
up €65,811 (+5.2%), from €1.3m to €1.3m
of which Plant, machinery and equipment: +€40,850
- Reserves +€133,334
up €133,334 (+13.9%), from €962,554 to €1.1m
of which Distributable reserves: +€148,194
- Other debts -€125,053
down €125,053 (-40.2%), from €311,230 to €186,177
- Trade debts +€64,578
up €64,578 (+447.4%), from €14,435 to €79,013
- Debts after one year -€35,931
down €35,931 (-25.5%), from €140,936 to €105,005
- Gross operating margin +€68,294
up €68,294 (+13.5%), from €506,806 to €575,100
- Staff costs +€20,445
up €20,445 (+20.9%), from €97,910 to €118,355
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,665,850 | €1,709,872 | +€44,022 | +2.6% |
| Fixed assets | 21/28 | €1,287,872 | €1,341,060 | +€53,188 | +4.1% |
| Intangible fixed assets | 21 | €31,557 | €18,934 | -€12,623 | -40.0% |
| Tangible fixed assets | 22/27 | €1,256,191 | €1,322,001 | +€65,811 | +5.2% |
| Land and buildings | 22 | €1,145,695 | €1,170,343 | +€24,649 | +2.2% |
| Plant, machinery and equipment | 23 | €107,206 | €148,056 | +€40,850 | +38.1% |
| Furniture and vehicles | 24 | €3,291 | €3,602 | +€312 | +9.5% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €377,978 | €368,812 | -€9,166 | -2.4% |
| Amounts receivable within one year | 40/41 | €25,581 | €102,489 | +€76,908 | +300.6% |
| Trade receivables | 40 | €10,215 | €9,986 | -€229 | -2.2% |
| Other amounts receivable | 41 | €15,367 | €92,503 | +€77,137 | +502.0% |
| Cash at bank and in hand | 54/58 | €346,162 | €257,887 | -€88,276 | -25.5% |
| Deferred charges and accrued income | 490/1 | €6,234 | €8,437 | +€2,203 | +35.3% |
| Total equity and liabilities | 10/49 | €1,665,850 | €1,709,872 | +€44,022 | +2.6% |
| Equity | 10/15 | €1,024,527 | €1,157,861 | +€133,334 | +13.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €962,554 | €1,095,888 | +€133,334 | +13.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €82,114 | €67,255 | -€14,860 | -18.1% |
| Distributable reserves | 133 | €874,242 | €1,022,436 | +€148,194 | +17.0% |
| Provisions and deferred taxes | 16 | €21,121 | €16,168 | -€4,953 | -23.5% |
| Deferred taxes | 168 | €21,121 | €16,168 | -€4,953 | -23.5% |
| Amounts payable | 17/49 | €620,201 | €535,842 | -€84,359 | -13.6% |
| Amounts payable after more than one year | 17 | €140,936 | €105,005 | -€35,931 | -25.5% |
| Financial debts | 170/4 | €140,936 | €105,005 | -€35,931 | -25.5% |
| Amounts payable within one year | 42/48 | €419,911 | €362,992 | -€56,919 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €43,106 | €35,931 | -€7,175 | -16.6% |
| Trade debts | 44 | €14,435 | €79,013 | +€64,578 | +447.4% |
| Suppliers | 440/4 | €14,435 | €79,013 | +€64,578 | +447.4% |
| Taxes, remuneration and social security | 45 | €51,140 | €61,871 | +€10,732 | +21.0% |
| Taxes | 450/3 | €40,504 | €47,776 | +€7,272 | +18.0% |
| Remuneration and social security | 454/9 | €10,635 | €14,095 | +€3,459 | +32.5% |
| Other amounts payable | 47/48 | €311,230 | €186,177 | -€125,053 | -40.2% |
| Accrued charges and deferred income | 492/3 | €59,354 | €67,845 | +€8,491 | +14.3% |
| Remuneration, social security and pensions | 62 | €97,910 | €118,355 | +€20,445 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,796 | €157,019 | +€1,223 | +0.8% |
| Other operating charges | 640/8 | €18,401 | €18,668 | +€267 | +1.5% |
| Gross operating margin | 9900 | €506,806 | €575,100 | +€68,294 | +13.5% |
| Operating profit (loss) | 9901 | €234,698 | €281,057 | +€46,359 | +19.8% |
| Financial income | 75/76B | €5,579 | €2,650 | -€2,929 | -52.5% |
| Recurring financial income | 75 | €5,579 | €2,650 | -€2,929 | -52.5% |
| Financial charges | 65/66B | €28,313 | €24,306 | -€4,007 | -14.2% |
| Recurring financial charges | 65 | €28,313 | €24,306 | -€4,007 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €211,964 | €259,402 | +€47,437 | +22.4% |
| Transfer from deferred taxes | 780 | €5,520 | €4,953 | -€567 | -10.3% |
| Income taxes | 67/77 | €52,850 | €56,021 | +€3,171 | +6.0% |
| Profit (loss) for the period | 9904 | €164,635 | €208,334 | +€43,700 | +26.5% |
| Transfer from tax-exempt reserves | 789 | €16,560 | €14,860 | -€1,700 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €181,194 | €223,194 | +€42,000 | +23.2% |
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 10 October 2026 via checked.be.