ISOFOX: 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.
ISOFOX
Largest movements
- Receivables within one year +€178,505
up €178,505 (+189.7%), from €94,089 to €272,595
of which Trade receivables: +€211,543
- Cash +€39,913
up €39,913 (+964074.2%), from €4 to €39,917
mainly Net result for the year (+€148,388) and Trade debts (+€44,190)
- Tangible fixed assets -€33,702
down €33,702 (-50.1%), from €67,215 to €33,513
of which Furniture and vehicles: -€27,042
- Deferred charges and accrued income +€6,195
up €6,195 (+1312.5%), from €472 to €6,667
- Profit (loss) carried forward +€148,388
up €148,388, from -€66,368 to €82,019
- Trade debts +€44,190
up €44,190 (+28.4%), from €155,804 to €199,994
- Tax, wage and social debts +€42,269
up €42,269 (+507.3%), from €8,332 to €50,601
of which Taxes: +€37,385
- Other debts -€20,000
no longer reported in 2024 (was €20,000)
- Debts after one year -€13,581
down €13,581 (-39.5%), from €34,420 to €20,839
- Gross operating margin +€214,632
up €214,632, from -€2,126 to €212,506
- Taxes +€28,147
up €28,147 (+13543.7%), from €208 to €28,354
- Staff costs +€11,131
new in 2024: €11,131
- Depreciation -€7,044
down €7,044 (-33.5%), from €21,017 to €13,973
- Other operating charges -€5,172
down €5,172 (-56.4%), from €9,165 to €3,994
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 | €183,615 | €375,725 | +€192,110 | +104.6% |
| Fixed assets | 21/28 | €67,439 | €34,277 | -€33,162 | -49.2% |
| Tangible fixed assets | 22/27 | €67,215 | €33,513 | -€33,702 | -50.1% |
| Plant, machinery and equipment | 23 | €25,157 | €18,841 | -€6,316 | -25.1% |
| Furniture and vehicles | 24 | €38,703 | €11,661 | -€27,042 | -69.9% |
| Other tangible fixed assets | 26 | €3,355 | €3,011 | -€344 | -10.3% |
| Financial fixed assets | 28 | €224 | €764 | +€540 | +241.1% |
| Current assets | 29/58 | €116,176 | €341,449 | +€225,273 | +193.9% |
| Stocks and contracts in progress | 3 | €21,540 | €22,200 | +€660 | +3.1% |
| Stocks | 30/36 | €21,540 | €22,200 | +€660 | +3.1% |
| Amounts receivable within one year | 40/41 | €94,089 | €272,595 | +€178,505 | +189.7% |
| Trade receivables | 40 | €45,612 | €257,155 | +€211,543 | +463.8% |
| Other amounts receivable | 41 | €48,478 | €15,440 | -€33,038 | -68.2% |
| Current investments | 50/53 | €71 | €71 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4 | €39,917 | +€39,913 | +964074.2% |
| Deferred charges and accrued income | 490/1 | €472 | €6,667 | +€6,195 | +1312.5% |
| Total equity and liabilities | 10/49 | €183,615 | €375,725 | +€192,110 | +104.6% |
| Equity | 10/15 | -€57,692 | €90,695 | +€148,388 | |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,368 | €82,019 | +€148,388 | |
| Amounts payable | 17/49 | €241,307 | €285,030 | +€43,723 | +18.1% |
| Amounts payable after more than one year | 17 | €34,420 | €20,839 | -€13,581 | -39.5% |
| Financial debts | 170/4 | €34,420 | €20,839 | -€13,581 | -39.5% |
| Amounts payable within one year | 42/48 | €205,637 | €264,191 | +€58,554 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €14,018 | €13,595 | -€423 | -3.0% |
| Trade debts | 44 | €155,804 | €199,994 | +€44,190 | +28.4% |
| Suppliers | 440/4 | €155,804 | €199,994 | +€44,190 | +28.4% |
| Advances received on contracts in progress | 46 | €7,482 | - | -€7,482 | |
| Taxes, remuneration and social security | 45 | €8,332 | €50,601 | +€42,269 | +507.3% |
| Taxes | 450/3 | €7,032 | €44,417 | +€37,385 | +531.6% |
| Remuneration and social security | 454/9 | €1,300 | €6,184 | +€4,884 | +375.7% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Non-recurring operating income | 76A | - | €2,893 | +€2,893 | |
| Remuneration, social security and pensions | 62 | - | €11,131 | +€11,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,017 | €13,973 | -€7,044 | -33.5% |
| Other operating charges | 640/8 | €9,165 | €3,994 | -€5,172 | -56.4% |
| Non-recurring operating charges | 66A | €7,376 | €3,287 | -€4,088 | -55.4% |
| Gross operating margin | 9900 | -€2,126 | €212,506 | +€214,632 | |
| Operating profit (loss) | 9901 | -€39,683 | €180,121 | +€219,805 | |
| Financial income | 75/76B | €1 | €455 | +€455 | +69943.1% |
| Recurring financial income | 75 | €1 | €455 | +€455 | +69943.1% |
| Financial charges | 65/66B | €4,810 | €3,834 | -€976 | -20.3% |
| Recurring financial charges | 65 | €4,810 | €3,834 | -€976 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€44,493 | €176,742 | +€221,235 | |
| Income taxes | 67/77 | €208 | €28,354 | +€28,147 | +13543.7% |
| Profit (loss) for the period | 9904 | -€44,701 | €148,388 | +€193,088 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,701 | €148,388 | +€193,088 |
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 5 October 2026 via checked.be.