ISOLABEL: 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.
What changed
ISOLABEL
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €3.0m-€722,390
Equity
€1.0m
2024 · €2.5m-€1.5m
Cash
€3.0m
2024 · €3.0m+€27,718
Balance sheet total
€6.6m
2024 · €6.2m+€435,280
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+288.8%), from €606,081 to €2.4m
of which Other amounts receivable: +€1.8m
- Current investments -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Tangible fixed assets -€190,297
down €190,297 (-28.3%), from €672,962 to €482,665
of which Other tangible fixed assets: -€126,082
- Stocks and contracts +€97,356
up €97,356 (+13.8%), from €705,209 to €802,566
Equity and liabilities
- Other debts +€2.2m
up €2.2m, from €0 to €2.2m
- Profit (loss) carried forward -€1.5m
down €1.5m (-62.8%), from €2.3m to €859,605
- Advances received -€287,305
down €287,305 (-11.3%), from €2.5m to €2.3m
- Accrued charges and deferred income +€100,276
up €100,276 (+94.0%), from €106,727 to €207,004
- Trade debts -€78,359
down €78,359 (-11.8%), from €663,507 to €585,147
Income statement
- Turnover -€1.7m
down €1.7m (-8.0%), from €21.8m to €20.0m
- Goods and materials -€1.0m
down €1.0m (-9.0%), from €11.4m to €10.4m
of which Purchases: -€930,292
- Taxes -€238,010
down €238,010 (-23.6%), from €1.0m to €770,186
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.
Result 2024
€3.0m
Turnover
-€1.7m
Other operating income
-€11,740
Goods and materials
+€1.0m
Services and other goods
-€143,471
Staff costs
-€20,994
Depreciation
+€16,279
Other operating charges
+€38,717
Financial income
-€126,388
Financial charges
+€1,016
Taxes
+€238,010
Result 2025
€2.2m
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.
From operations
+€2.6m
Investment
+€1.2m
Financing
-€3.7m
Cash 2024
€3.0m
From operations (derived)
+€2.6m
Net result for the year
+€2.2m
Depreciation
+€268,863
Stocks and contracts
-€97,356
Receivables within one year
-€1.8m
Trade debts
-€78,359
Tax, wage and social debts
+€1,605
Advances received
-€287,305
Other debts
+€2.2m
Accrued charges and deferred income
+€100,276
Investment (derived)
+€1.2m
Investment in fixed assets (net)
-€78,567
Current investments
+€1.3m
Financing
-€3.7m
Debts after one year
-€48,672
Contributions, distributions and other
-€3.7m
Cash 2025
€3.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,190,019 | €6,625,299 | +€435,280 | +7.0% |
| Fixed assets | 21/28 | €673,396 | €483,099 | -€190,297 | -28.3% |
| Tangible fixed assets | 22/27 | €672,962 | €482,665 | -€190,297 | -28.3% |
| Plant, machinery and equipment | 23 | €22,270 | €15,714 | -€6,557 | -29.4% |
| Furniture and vehicles | 24 | €397,774 | €340,115 | -€57,659 | -14.5% |
| Other tangible fixed assets | 26 | €252,918 | €126,836 | -€126,082 | -49.9% |
| Financial fixed assets | 28 | €434 | €434 | = | 0.0% |
| Other financial fixed assets | 284/8 | €434 | €434 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €434 | €434 | = | 0.0% |
| Current assets | 29/58 | €5,516,623 | €6,142,200 | +€625,576 | +11.3% |
| Stocks and contracts in progress | 3 | €705,209 | €802,566 | +€97,356 | +13.8% |
| Stocks | 30/36 | €705,209 | €802,566 | +€97,356 | +13.8% |
| Goods purchased for resale | 34 | €705,209 | €802,566 | +€97,356 | +13.8% |
| Amounts receivable within one year | 40/41 | €606,081 | €2,356,582 | +€1.8m | +288.8% |
| Trade receivables | 40 | €506,800 | €481,397 | -€25,403 | -5.0% |
| Other amounts receivable | 41 | €99,280 | €1,875,185 | +€1.8m | +1788.8% |
| Current investments | 50/53 | €1,250,000 | €0 | -€1.3m | -100.0% |
| Other investments | 51/53 | €1,250,000 | €0 | -€1.3m | -100.0% |
| Cash at bank and in hand | 54/58 | €2,955,333 | €2,983,052 | +€27,718 | +0.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,190,019 | €6,625,299 | +€435,280 | +7.0% |
| Equity | 10/15 | €2,459,171 | €1,006,905 | -€1.5m | -59.1% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Capital | 10 | €93,000 | €93,000 | = | 0.0% |
| Issued capital | 100 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €54,300 | €54,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,300 | €9,300 | = | 0.0% |
| Legal reserve | 130 | €9,300 | €9,300 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,311,871 | €859,605 | -€1.5m | -62.8% |
| Amounts payable | 17/49 | €3,730,848 | €5,618,394 | +€1.9m | +50.6% |
| Amounts payable after more than one year | 17 | €85,096 | €36,424 | -€48,672 | -57.2% |
| Financial debts | 170/4 | €85,096 | €36,424 | -€48,672 | -57.2% |
| Credit institutions | 173 | €85,096 | €36,424 | -€48,672 | -57.2% |
| Amounts payable within one year | 42/48 | €3,539,025 | €5,374,966 | +€1.8m | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €48,672 | €48,672 | = | 0.0% |
| Trade debts | 44 | €663,507 | €585,147 | -€78,359 | -11.8% |
| Suppliers | 440/4 | €663,507 | €585,147 | -€78,359 | -11.8% |
| Advances received on contracts in progress | 46 | €2,537,582 | €2,250,278 | -€287,305 | -11.3% |
| Taxes, remuneration and social security | 45 | €289,264 | €290,869 | +€1,605 | +0.6% |
| Taxes | 450/3 | €66,831 | €66,495 | -€337 | -0.5% |
| Remuneration and social security | 454/9 | €222,433 | €224,374 | +€1,942 | +0.9% |
| Other amounts payable | 47/48 | €0 | €2,200,000 | +€2.2m | |
| Accrued charges and deferred income | 492/3 | €106,727 | €207,004 | +€100,276 | +94.0% |
| Operating income | 70/76A | €22,001,608 | €20,241,577 | -€1.8m | -8.0% |
| Turnover | 70 | €21,779,958 | €20,031,667 | -€1.7m | -8.0% |
| Other operating income | 74 | €221,650 | €209,910 | -€11,740 | -5.3% |
| Operating charges | 60/66A | €18,386,399 | €17,461,395 | -€925,004 | -5.0% |
| Goods for resale, raw materials and consumables | 60 | €11,438,752 | €10,404,278 | -€1.0m | -9.0% |
| Purchases | 600/8 | €11,431,927 | €10,501,635 | -€930,292 | -8.1% |
| Change in stocks: decrease (increase) | 609 | €6,825 | -€97,356 | -€104,181 | |
| Services and other goods | 61 | €3,936,368 | €4,079,839 | +€143,471 | +3.6% |
| Remuneration, social security and pensions | 62 | €2,572,125 | €2,593,120 | +€20,994 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285,143 | €268,863 | -€16,279 | -5.7% |
| Other operating charges | 640/8 | €154,011 | €115,294 | -€38,717 | -25.1% |
| Operating profit (loss) | 9901 | €3,615,209 | €2,780,182 | -€835,027 | -23.1% |
| Financial income | 75/76B | €375,947 | €249,558 | -€126,388 | -33.6% |
| Recurring financial income | 75 | €375,947 | €249,558 | -€126,388 | -33.6% |
| Income from current assets | 751 | €169,130 | €49,868 | -€119,262 | -70.5% |
| Other financial income | 752/9 | €206,817 | €199,690 | -€7,127 | -3.4% |
| Financial charges | 65/66B | €12,836 | €11,820 | -€1,016 | -7.9% |
| Recurring financial charges | 65 | €12,836 | €11,820 | -€1,016 | -7.9% |
| Debt charges | 650 | €6,321 | €4,385 | -€1,936 | -30.6% |
| Other financial charges | 652/9 | €6,515 | €7,435 | +€920 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €3,978,320 | €3,017,920 | -€960,400 | -24.1% |
| Income taxes | 67/77 | €1,008,196 | €770,186 | -€238,010 | -23.6% |
| Taxes | 670/3 | €1,008,196 | €770,186 | -€238,010 | -23.6% |
| Profit (loss) for the period | 9904 | €2,970,125 | €2,247,734 | -€722,390 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,970,125 | €2,247,734 | -€722,390 | -24.3% |
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 1 October 2026 via checked.be.