ISOCONSTRUCT: 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.
ISOCONSTRUCT
Largest movements
- Tangible fixed assets -€31,045
down €31,045 (-53.5%), from €58,024 to €26,979
of which Furniture and vehicles: -€28,404
- Stocks and contracts -€30,213
down €30,213 (-30.4%), from €99,253 to €69,040
- Cash +€10,862
up €10,862 (+4.8%), from €226,766 to €237,628
mainly Depreciation (+€31,045) and Stocks and contracts (+€30,213)
- Receivables within one year +€4,350
up €4,350 (+35.6%), from €12,217 to €16,568
of which Trade receivables: +€14,643
- Trade debts -€24,721
down €24,721 (-88.7%), from €27,864 to €3,144
- Other debts -€9,353
down €9,353 (-6.7%), from €139,533 to €130,180
- Debts after one year -€8,899
no longer reported in 2025 (was €8,899)
- Tax, wage and social debts -€6,707
down €6,707 (-59.8%), from €11,212 to €4,505
- Profit (loss) carried forward +€4,924
up €4,924 (+2.9%), from €170,074 to €174,998
- Gross operating margin -€13,932
down €13,932 (-25.8%), from €54,021 to €40,089
- Taxes -€12,770
down €12,770 (-89.9%), from €14,201 to €1,431
- Depreciation -€1,084
down €1,084 (-3.4%), from €32,130 to €31,045
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,702 | €352,656 | -€46,046 | -11.5% |
| Fixed assets | 21/28 | €58,099 | €27,054 | -€31,045 | -53.4% |
| Tangible fixed assets | 22/27 | €58,024 | €26,979 | -€31,045 | -53.5% |
| Plant, machinery and equipment | 23 | €6,142 | €3,500 | -€2,641 | -43.0% |
| Furniture and vehicles | 24 | €51,882 | €23,479 | -€28,404 | -54.7% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €340,603 | €325,602 | -€15,001 | -4.4% |
| Stocks and contracts in progress | 3 | €99,253 | €69,040 | -€30,213 | -30.4% |
| Stocks | 30/36 | €99,253 | €69,040 | -€30,213 | -30.4% |
| Amounts receivable within one year | 40/41 | €12,217 | €16,568 | +€4,350 | +35.6% |
| Trade receivables | 40 | €480 | €15,123 | +€14,643 | +3,051% |
| Other amounts receivable | 41 | €11,737 | €1,444 | -€10,293 | -87.7% |
| Cash at bank and in hand | 54/58 | €226,766 | €237,628 | +€10,862 | +4.8% |
| Deferred charges and accrued income | 490/1 | €2,367 | €2,367 | = | 0.0% |
| Total equity and liabilities | 10/49 | €398,702 | €352,656 | -€46,046 | -11.5% |
| Equity | 10/15 | €178,134 | €183,058 | +€4,924 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,074 | €174,998 | +€4,924 | +2.9% |
| Provisions and deferred taxes | 16 | €22,291 | €22,291 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,291 | €22,291 | = | 0.0% |
| Other liabilities and charges | 164/5 | €22,291 | €22,291 | = | 0.0% |
| Amounts payable | 17/49 | €198,278 | €147,308 | -€50,970 | -25.7% |
| Amounts payable after more than one year | 17 | €8,899 | - | -€8,899 | |
| Financial debts | 170/4 | €8,899 | - | -€8,899 | |
| Amounts payable within one year | 42/48 | €189,379 | €147,308 | -€42,071 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €10,770 | €9,479 | -€1,291 | -12.0% |
| Trade debts | 44 | €27,864 | €3,144 | -€24,721 | -88.7% |
| Suppliers | 440/4 | €27,864 | €3,144 | -€24,721 | -88.7% |
| Taxes, remuneration and social security | 45 | €11,212 | €4,505 | -€6,707 | -59.8% |
| Taxes | 450/3 | €11,212 | €4,505 | -€6,707 | -59.8% |
| Other amounts payable | 47/48 | €139,533 | €130,180 | -€9,353 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,130 | €31,045 | -€1,084 | -3.4% |
| Other operating charges | 640/8 | €2,158 | €1,640 | -€518 | -24.0% |
| Gross operating margin | 9900 | €54,021 | €40,089 | -€13,932 | -25.8% |
| Operating profit (loss) | 9901 | €19,733 | €7,403 | -€12,330 | -62.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,596 | €1,060 | -€536 | -33.6% |
| Recurring financial charges | 65 | €1,596 | €1,060 | -€536 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €18,138 | €6,354 | -€11,784 | -65.0% |
| Income taxes | 67/77 | €14,201 | €1,431 | -€12,770 | -89.9% |
| Profit (loss) for the period | 9904 | €3,937 | €4,924 | +€986 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,937 | €4,924 | +€986 | +25.1% |
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 13 October 2026 via checked.be.