ISOL-TOIT: 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.
ISOL-TOIT
Largest movements
- Receivables within one year +€119,466
up €119,466 (+242.8%), from €49,213 to €168,679
of which Trade receivables: +€130,081
- Tangible fixed assets -€12,212
down €12,212 (-35.1%), from €34,750 to €22,537
of which Plant, machinery and equipment: -€10,564
- Stocks and contracts -€8,297
down €8,297 (-24.0%), from €34,602 to €26,305
- Deferred charges and accrued income -€5,037
down €5,037 (-59.6%), from €8,450 to €3,413
- Intangible fixed assets -€3,733
no longer reported in 2025 (was €3,733)
- Profit (loss) carried forward +€72,674
up €72,674, from -€58,788 to €13,885
- Trade debts +€27,319
up €27,319 (+24.0%), from €113,701 to €141,020
- Other debts -€11,029
down €11,029 (-68.5%), from €16,096 to €5,067
- Tax, wage and social debts +€10,758
up €10,758 (+97.9%), from €10,987 to €21,745
of which Taxes: +€5,790
- Debts after one year -€8,172
down €8,172 (-79.5%), from €10,277 to €2,104
- Gross operating margin +€122,256
up €122,256 (+157.6%), from €77,561 to €199,817
- Staff costs +€34,235
up €34,235 (+69.2%), from €49,454 to €83,690
- Taxes +€11,814
up €11,814, from -€3,488 to €8,326
- Depreciation -€11,480
down €11,480 (-37.5%), from €30,645 to €19,165
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,871 | €221,057 | +€90,186 | +68.9% |
| Fixed assets | 21/28 | €38,606 | €22,660 | -€15,946 | -41.3% |
| Intangible fixed assets | 21 | €3,733 | - | -€3,733 | |
| Tangible fixed assets | 22/27 | €34,750 | €22,537 | -€12,212 | -35.1% |
| Land and buildings | 22 | €235 | €176 | -€59 | -25.0% |
| Plant, machinery and equipment | 23 | €32,519 | €21,955 | -€10,564 | -32.5% |
| Furniture and vehicles | 24 | €259 | €61 | -€198 | -76.5% |
| Leasing and similar rights | 25 | €1,545 | €345 | -€1,200 | -77.7% |
| Other tangible fixed assets | 26 | €191 | - | -€191 | |
| Financial fixed assets | 28 | €123 | €123 | = | 0.0% |
| Current assets | 29/58 | €92,265 | €198,397 | +€106,132 | +115.0% |
| Stocks and contracts in progress | 3 | €34,602 | €26,305 | -€8,297 | -24.0% |
| Stocks | 30/36 | €34,602 | €26,305 | -€8,297 | -24.0% |
| Amounts receivable within one year | 40/41 | €49,213 | €168,679 | +€119,466 | +242.8% |
| Trade receivables | 40 | €28,128 | €158,209 | +€130,081 | +462.5% |
| Other amounts receivable | 41 | €21,085 | €10,470 | -€10,615 | -50.3% |
| Deferred charges and accrued income | 490/1 | €8,450 | €3,413 | -€5,037 | -59.6% |
| Total equity and liabilities | 10/49 | €130,871 | €221,057 | +€90,186 | +68.9% |
| Equity | 10/15 | -€51,682 | €20,991 | +€72,674 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €906 | €906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €906 | €906 | = | 0.0% |
| Reserves not available under the articles | 1311 | €906 | €906 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,788 | €13,885 | +€72,674 | |
| Amounts payable | 17/49 | €182,553 | €200,066 | +€17,513 | +9.6% |
| Amounts payable after more than one year | 17 | €10,277 | €2,104 | -€8,172 | -79.5% |
| Financial debts | 170/4 | €10,277 | €2,104 | -€8,172 | -79.5% |
| Amounts payable within one year | 42/48 | €172,277 | €197,962 | +€25,685 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €20,081 | €19,379 | -€702 | -3.5% |
| Financial debts | 43 | €10,120 | €9,460 | -€660 | -6.5% |
| Credit institutions | 430/8 | €10,120 | €9,460 | -€660 | -6.5% |
| Trade debts | 44 | €113,701 | €141,020 | +€27,319 | +24.0% |
| Suppliers | 440/4 | €113,701 | €141,020 | +€27,319 | +24.0% |
| Advances received on contracts in progress | 46 | €1,291 | €1,291 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,987 | €21,745 | +€10,758 | +97.9% |
| Taxes | 450/3 | €3,100 | €8,890 | +€5,790 | +186.8% |
| Remuneration and social security | 454/9 | €7,887 | €12,855 | +€4,969 | +63.0% |
| Other amounts payable | 47/48 | €16,096 | €5,067 | -€11,029 | -68.5% |
| Remuneration, social security and pensions | 62 | €49,454 | €83,690 | +€34,235 | +69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,645 | €19,165 | -€11,480 | -37.5% |
| Other operating charges | 640/8 | €1,017 | €1,346 | +€329 | +32.4% |
| Non-recurring operating charges | 66A | €6,733 | €6,733 | = | 0.0% |
| Gross operating margin | 9900 | €77,561 | €199,817 | +€122,256 | +157.6% |
| Operating profit (loss) | 9901 | -€10,287 | €88,884 | +€99,171 | |
| Financial income | 75/76B | €46 | €2 | -€44 | -95.6% |
| Recurring financial income | 75 | €46 | €2 | -€44 | -95.6% |
| Financial charges | 65/66B | €6,861 | €7,886 | +€1,025 | +14.9% |
| Recurring financial charges | 65 | €6,861 | €7,886 | +€1,025 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,102 | €81,000 | +€98,102 | |
| Income taxes | 67/77 | -€3,488 | €8,326 | +€11,814 | |
| Profit (loss) for the period | 9904 | -€13,614 | €72,674 | +€86,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,614 | €72,674 | +€86,288 |
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 4 October 2026 via checked.be.