ISOCROBEL: what changed
Two fiscal 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.
ISOCROBEL
Largest movements
- Current investments +€117,000
up €117,000 (+188.7%), from €62,000 to €179,000
- Tangible fixed assets -€70,990
down €70,990 (-42.0%), from €169,006 to €98,016
of which Plant, machinery and equipment: -€44,450
- Reserves +€51,029
up €51,029 (+7.5%), from €676,635 to €727,664
of which Distributable reserves: +€51,029
- Trade debts +€27,952
up €27,952 (+28.1%), from €99,361 to €127,313
- Debts after one year -€12,914
no longer reported in 2024 (was €12,914)
- Tax, wage and social debts -€10,555
down €10,555 (-35.1%), from €30,103 to €19,548
of which Remuneration and social security: -€11,785
- Current portion of long-term debt -€9,323
down €9,323 (-42.5%), from €21,913 to €12,590
- Gross operating margin -€276,247
down €276,247 (-48.9%), from €564,362 to €288,115
- Taxes -€66,400
down €66,400 (-76.3%), from €86,974 to €20,574
- Staff costs -€62,794
down €62,794 (-29.9%), from €210,177 to €147,382
- Depreciation -€5,806
down €5,806 (-7.4%), from €78,096 to €72,290
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €859,526 | €905,715 | +€46,189 | +5.4% |
| Fixed assets | 21/28 | €169,006 | €98,016 | -€70,990 | -42.0% |
| Tangible fixed assets | 22/27 | €169,006 | €98,016 | -€70,990 | -42.0% |
| Plant, machinery and equipment | 23 | €78,485 | €34,035 | -€44,450 | -56.6% |
| Furniture and vehicles | 24 | €90,521 | €63,981 | -€26,540 | -29.3% |
| Current assets | 29/58 | €690,520 | €807,699 | +€117,179 | +17.0% |
| Stocks and contracts in progress | 3 | €9,023 | €11,082 | +€2,059 | +22.8% |
| Stocks | 30/36 | €9,023 | €11,082 | +€2,059 | +22.8% |
| Amounts receivable within one year | 40/41 | €335,449 | €339,030 | +€3,581 | +1.1% |
| Trade receivables | 40 | €131,679 | €129,650 | -€2,029 | -1.5% |
| Other amounts receivable | 41 | €203,770 | €209,380 | +€5,610 | +2.8% |
| Current investments | 50/53 | €62,000 | €179,000 | +€117,000 | +188.7% |
| Cash at bank and in hand | 54/58 | €284,049 | €277,887 | -€6,161 | -2.2% |
| Deferred charges and accrued income | 490/1 | - | €700 | +€700 | |
| Total equity and liabilities | 10/49 | €859,526 | €905,715 | +€46,189 | +5.4% |
| Equity | 10/15 | €695,235 | €746,264 | +€51,029 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €676,635 | €727,664 | +€51,029 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €37,352 | €37,352 | = | 0.0% |
| Distributable reserves | 133 | €637,423 | €688,452 | +€51,029 | +8.0% |
| Amounts payable | 17/49 | €164,291 | €159,451 | -€4,840 | -2.9% |
| Amounts payable after more than one year | 17 | €12,914 | - | -€12,914 | |
| Financial debts | 170/4 | €12,914 | - | -€12,914 | |
| Amounts payable within one year | 42/48 | €151,377 | €159,451 | +€8,074 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €21,913 | €12,590 | -€9,323 | -42.5% |
| Trade debts | 44 | €99,361 | €127,313 | +€27,952 | +28.1% |
| Suppliers | 440/4 | €99,361 | €127,313 | +€27,952 | +28.1% |
| Taxes, remuneration and social security | 45 | €30,103 | €19,548 | -€10,555 | -35.1% |
| Taxes | 450/3 | €1,147 | €2,378 | +€1,230 | +107.2% |
| Remuneration and social security | 454/9 | €28,956 | €17,170 | -€11,785 | -40.7% |
| Remuneration, social security and pensions | 62 | €210,177 | €147,382 | -€62,794 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,096 | €72,290 | -€5,806 | -7.4% |
| Other operating charges | 640/8 | €1,356 | €1,637 | +€281 | +20.7% |
| Gross operating margin | 9900 | €564,362 | €288,115 | -€276,247 | -48.9% |
| Operating profit (loss) | 9901 | €274,733 | €66,806 | -€207,927 | -75.7% |
| Financial income | 75/76B | €10,079 | €9,083 | -€996 | -9.9% |
| Recurring financial income | 75 | €10,079 | €9,083 | -€996 | -9.9% |
| Financial charges | 65/66B | €609 | €4,286 | +€3,677 | +603.9% |
| Recurring financial charges | 65 | €609 | €4,286 | +€3,677 | +603.9% |
| Profit (loss) for the period before taxes | 9903 | €284,204 | €71,603 | -€212,601 | -74.8% |
| Income taxes | 67/77 | €86,974 | €20,574 | -€66,400 | -76.3% |
| Profit (loss) for the period | 9904 | €197,230 | €51,029 | -€146,201 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €197,230 | €51,029 | -€146,201 | -74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.