ISOFLEX: 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.
ISOFLEX
Largest movements
- Stocks and contracts +€8,500
new in 2025: €8,500
- Receivables within one year -€8,121
down €8,121 (-28.3%), from €28,648 to €20,527
of which Trade receivables: -€6,686
- Cash -€5,878
down €5,878 (-9.6%), from €61,367 to €55,489
mainly Stocks and contracts (-€8,500) and Debts after one year (-€7,901)
- Tangible fixed assets -€3,431
down €3,431 (-75.0%), from €4,576 to €1,145
of which Furniture and vehicles: -€3,431
- Debts after one year -€7,901
down €7,901 (-47.5%), from €16,646 to €8,746
- Reserves -€3,019
down €3,019 (-4.9%), from €61,750 to €58,731
- Other debts +€1,245
up €1,245 (+1304.0%), from €96 to €1,341
- Gross operating margin +€5,188
up €5,188, from -€2,945 to €2,243
- Financial charges -€851
down €851 (-47.1%), from €1,809 to €957
- Other operating charges +€254
up €254 (+338.7%), from €75 to €329
- Staff costs +€222
up €222 (+362.6%), from €61 to €283
- Financial income -€88
down €88 (-97.5%), from €90 to €2
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.
Cash bridge derived
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 | €98,731 | €89,995 | -€8,735 | -8.8% |
| Fixed assets | 21/28 | €4,576 | €1,145 | -€3,431 | -75.0% |
| Tangible fixed assets | 22/27 | €4,576 | €1,145 | -€3,431 | -75.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4,576 | €1,145 | -€3,431 | -75.0% |
| Current assets | 29/58 | €94,155 | €88,850 | -€5,304 | -5.6% |
| Stocks and contracts in progress | 3 | - | €8,500 | +€8,500 | |
| Stocks | 30/36 | - | €8,500 | +€8,500 | |
| Amounts receivable within one year | 40/41 | €28,648 | €20,527 | -€8,121 | -28.3% |
| Trade receivables | 40 | €23,795 | €17,109 | -€6,686 | -28.1% |
| Other amounts receivable | 41 | €4,853 | €3,418 | -€1,435 | -29.6% |
| Cash at bank and in hand | 54/58 | €61,367 | €55,489 | -€5,878 | -9.6% |
| Deferred charges and accrued income | 490/1 | €4,140 | €4,335 | +€195 | +4.7% |
| Total equity and liabilities | 10/49 | €98,731 | €89,995 | -€8,735 | -8.8% |
| Equity | 10/15 | €74,250 | €71,231 | -€3,019 | -4.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €61,750 | €58,731 | -€3,019 | -4.9% |
| Distributable reserves | 133 | €61,750 | €58,731 | -€3,019 | -4.9% |
| Amounts payable | 17/49 | €24,481 | €18,764 | -€5,717 | -23.4% |
| Amounts payable after more than one year | 17 | €16,646 | €8,746 | -€7,901 | -47.5% |
| Financial debts | 170/4 | €16,646 | €8,746 | -€7,901 | -47.5% |
| Amounts payable within one year | 42/48 | €7,835 | €10,019 | +€2,184 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €7,739 | €7,901 | +€162 | +2.1% |
| Trade debts | 44 | - | €777 | +€777 | |
| Suppliers | 440/4 | - | €777 | +€777 | |
| Other amounts payable | 47/48 | €96 | €1,341 | +€1,245 | +1304.0% |
| Remuneration, social security and pensions | 62 | €61 | €283 | +€222 | +362.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,431 | €3,431 | = | 0.0% |
| Other operating charges | 640/8 | €75 | €329 | +€254 | +338.7% |
| Gross operating margin | 9900 | -€2,945 | €2,243 | +€5,188 | |
| Operating profit (loss) | 9901 | -€6,512 | -€1,800 | +€4,712 | +72.4% |
| Financial income | 75/76B | €90 | €2 | -€88 | -97.5% |
| Recurring financial income | 75 | €90 | €2 | -€88 | -97.5% |
| Financial charges | 65/66B | €1,809 | €957 | -€851 | -47.1% |
| Recurring financial charges | 65 | €1,809 | €957 | -€851 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,231 | -€2,755 | +€5,476 | +66.5% |
| Income taxes | 67/77 | €256 | €264 | +€8 | +3.1% |
| Profit (loss) for the period | 9904 | -€8,487 | -€3,019 | +€5,468 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,487 | -€3,019 | +€5,468 | +64.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.