ISOFENETRE: 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.
ISOFENETRE
Largest movements
- Receivables within one year -€24,463
down €24,463 (-14.7%), from €166,130 to €141,667
of which Trade receivables: -€28,567
- Cash -€23,456
down €23,456 (-78.7%), from €29,786 to €6,330
mainly Tax, wage and social debts (-€58,131) and Investment in fixed assets (net) (-€13,123)
- Tangible fixed assets -€3,113
down €3,113 (-3.6%), from €86,139 to €83,025
of which Land and buildings: -€6,050
- Tax, wage and social debts -€58,131
down €58,131 (-99.4%), from €58,495 to €363
of which Taxes: -€46,196
- Profit (loss) carried forward +€30,491
up €30,491 (+30.9%), from €98,601 to €129,091
- Debts after one year -€12,611
down €12,611 (-71.6%), from €17,603 to €4,992
- Trade debts -€7,620
down €7,620 (-12.8%), from €59,528 to €51,907
of which Suppliers: -€13,477
- Staff costs -€47,128
down €47,128 (-25.2%), from €187,356 to €140,228
- Gross operating margin -€2,810
down €2,810 (-1.4%), from €196,551 to €193,741
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 | €284,687 | €237,614 | -€47,074 | -16.5% |
| Fixed assets | 21/28 | €86,739 | €86,105 | -€633 | -0.7% |
| Tangible fixed assets | 22/27 | €86,139 | €83,025 | -€3,113 | -3.6% |
| Land and buildings | 22 | €73,248 | €67,197 | -€6,050 | -8.3% |
| Plant, machinery and equipment | 23 | €294 | - | -€294 | |
| Furniture and vehicles | 24 | €12,597 | €15,828 | +€3,231 | +25.6% |
| Financial fixed assets | 28 | €600 | €3,080 | +€2,480 | +413% |
| Current assets | 29/58 | €197,949 | €151,508 | -€46,440 | -23.5% |
| Amounts receivable within one year | 40/41 | €166,130 | €141,667 | -€24,463 | -14.7% |
| Trade receivables | 40 | €153,016 | €124,449 | -€28,567 | -18.7% |
| Other amounts receivable | 41 | €13,114 | €17,218 | +€4,104 | +31.3% |
| Cash at bank and in hand | 54/58 | €29,786 | €6,330 | -€23,456 | -78.7% |
| Deferred charges and accrued income | 490/1 | €2,033 | €3,511 | +€1,478 | +72.7% |
| Total equity and liabilities | 10/49 | €284,687 | €237,614 | -€47,074 | -16.5% |
| Equity | 10/15 | €135,114 | €165,604 | +€30,491 | +22.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €28,453 | €28,453 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,453 | €28,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,601 | €129,091 | +€30,491 | +30.9% |
| Amounts payable | 17/49 | €149,573 | €72,009 | -€77,564 | -51.9% |
| Amounts payable after more than one year | 17 | €17,603 | €4,992 | -€12,611 | -71.6% |
| Financial debts | 170/4 | €17,603 | €4,992 | -€12,611 | -71.6% |
| Amounts payable within one year | 42/48 | €131,905 | €66,551 | -€65,354 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €13,882 | €14,280 | +€398 | +2.9% |
| Trade debts | 44 | €59,528 | €51,907 | -€7,620 | -12.8% |
| Suppliers | 440/4 | €59,528 | €46,051 | -€13,477 | -22.6% |
| Bills of exchange payable | 441 | - | €5,856 | +€5,856 | |
| Taxes, remuneration and social security | 45 | €58,495 | €363 | -€58,131 | -99.4% |
| Taxes | 450/3 | €46,196 | - | -€46,196 | |
| Remuneration and social security | 454/9 | €12,299 | €363 | -€11,936 | -97.0% |
| Accrued charges and deferred income | 492/3 | €66 | €467 | +€401 | +611% |
| Remuneration, social security and pensions | 62 | €187,356 | €140,228 | -€47,128 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,752 | €13,756 | +€1,004 | +7.9% |
| Other operating charges | 640/8 | €2,348 | €1,512 | -€836 | -35.6% |
| Gross operating margin | 9900 | €196,551 | €193,741 | -€2,810 | -1.4% |
| Operating profit (loss) | 9901 | -€5,905 | €38,245 | +€44,150 | |
| Financial income | 75/76B | €343 | €658 | +€316 | +92.1% |
| Recurring financial income | 75 | €343 | €658 | +€316 | +92.1% |
| Financial charges | 65/66B | €8,916 | €8,228 | -€688 | -7.7% |
| Recurring financial charges | 65 | €8,916 | €8,228 | -€688 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,478 | €30,675 | +€45,153 | |
| Income taxes | 67/77 | €264 | €184 | -€80 | -30.2% |
| Profit (loss) for the period | 9904 | -€14,742 | €30,491 | +€45,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,742 | €30,491 | +€45,233 |
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 22 October 2026 via checked.be.