ISOFLUX: 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.
ISOFLUX
Largest movements
- Cash -€35,162
down €35,162 (-37.4%), from €94,101 to €58,939
mainly Receivables within one year (-€31,205) and Tax, wage and social debts (-€13,550)
- Receivables within one year +€31,205
up €31,205 (+108.7%), from €28,719 to €59,924
of which Trade receivables: +€21,488
- Tangible fixed assets -€6,862
down €6,862 (-34.3%), from €20,031 to €13,168
of which Furniture and vehicles: -€6,078
- Deferred charges and accrued income -€3,188
no longer reported in 2025 (was €3,188)
- Tax, wage and social debts -€13,550
down €13,550 (-39.0%), from €34,758 to €21,208
of which Taxes: -€25,592
- Reserves +€9,823
up €9,823 (+12.7%), from €77,381 to €87,204
- Trade debts -€6,452
down €6,452 (-86.3%), from €7,475 to €1,023
- Debts after one year -€5,653
down €5,653 (-51.0%), from €11,087 to €5,434
- Current portion of long-term debt +€4,312
up €4,312 (+80.1%), from €5,380 to €9,691
- Staff costs +€32,935
up €32,935 (+102.7%), from €32,058 to €64,993
- Gross operating margin -€23,409
down €23,409 (-20.4%), from €114,894 to €91,485
- Taxes -€18,302
down €18,302 (-80.1%), from €22,851 to €4,549
- Depreciation -€3,919
down €3,919 (-36.4%), from €10,782 to €6,862
- Other operating charges +€1,395
up €1,395 (+86.5%), from €1,612 to €3,007
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 | €146,038 | €132,031 | -€14,007 | -9.6% |
| Fixed assets | 21/28 | €20,031 | €13,168 | -€6,862 | -34.3% |
| Tangible fixed assets | 22/27 | €20,031 | €13,168 | -€6,862 | -34.3% |
| Plant, machinery and equipment | 23 | €2,968 | €2,184 | -€784 | -26.4% |
| Furniture and vehicles | 24 | €17,063 | €10,984 | -€6,078 | -35.6% |
| Current assets | 29/58 | €126,007 | €118,863 | -€7,145 | -5.7% |
| Amounts receivable within one year | 40/41 | €28,719 | €59,924 | +€31,205 | +108.7% |
| Trade receivables | 40 | €28,719 | €50,207 | +€21,488 | +74.8% |
| Other amounts receivable | 41 | - | €9,718 | +€9,718 | |
| Cash at bank and in hand | 54/58 | €94,101 | €58,939 | -€35,162 | -37.4% |
| Deferred charges and accrued income | 490/1 | €3,188 | - | -€3,188 | |
| Total equity and liabilities | 10/49 | €146,038 | €132,031 | -€14,007 | -9.6% |
| Equity | 10/15 | €82,381 | €92,204 | +€9,823 | +11.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,381 | €87,204 | +€9,823 | +12.7% |
| Distributable reserves | 133 | €77,381 | €87,204 | +€9,823 | +12.7% |
| Amounts payable | 17/49 | €63,657 | €39,827 | -€23,830 | -37.4% |
| Amounts payable after more than one year | 17 | €11,087 | €5,434 | -€5,653 | -51.0% |
| Financial debts | 170/4 | €11,087 | €5,434 | -€5,653 | -51.0% |
| Amounts payable within one year | 42/48 | €52,570 | €34,393 | -€18,177 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €5,380 | €9,691 | +€4,312 | +80.1% |
| Trade debts | 44 | €7,475 | €1,023 | -€6,452 | -86.3% |
| Suppliers | 440/4 | €7,475 | €1,023 | -€6,452 | -86.3% |
| Taxes, remuneration and social security | 45 | €34,758 | €21,208 | -€13,550 | -39.0% |
| Taxes | 450/3 | €34,758 | €9,166 | -€25,592 | -73.6% |
| Remuneration and social security | 454/9 | - | €12,042 | +€12,042 | |
| Other amounts payable | 47/48 | €4,958 | €2,471 | -€2,487 | -50.2% |
| Remuneration, social security and pensions | 62 | €32,058 | €64,993 | +€32,935 | +102.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,782 | €6,862 | -€3,919 | -36.4% |
| Other operating charges | 640/8 | €1,612 | €3,007 | +€1,395 | +86.5% |
| Gross operating margin | 9900 | €114,894 | €91,485 | -€23,409 | -20.4% |
| Operating profit (loss) | 9901 | €70,442 | €16,623 | -€53,819 | -76.4% |
| Financial income | 75/76B | €159 | €43 | -€117 | -73.3% |
| Recurring financial income | 75 | €159 | €43 | -€117 | -73.3% |
| Financial charges | 65/66B | €1,691 | €2,292 | +€601 | +35.5% |
| Recurring financial charges | 65 | €1,691 | €2,292 | +€601 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €68,910 | €14,373 | -€54,537 | -79.1% |
| Income taxes | 67/77 | €22,851 | €4,549 | -€18,302 | -80.1% |
| Profit (loss) for the period | 9904 | €46,059 | €9,823 | -€36,235 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,059 | €9,823 | -€36,235 | -78.7% |
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 5 October 2026 via checked.be.