ISOLAO: 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.
ISOLAO
Largest movements
- Cash +€44,008
up €44,008 (+53.2%), from €82,653 to €126,662
mainly Net result for the year (+€46,526) and Depreciation (+€22,100)
- Receivables within one year -€16,753
down €16,753 (-34.6%), from €48,428 to €31,675
of which Other amounts receivable: -€18,789
- Stocks and contracts -€6,719
no longer reported in 2025 (was €6,719)
of which Stocks: -€5,468
- Tangible fixed assets -€2,522
down €2,522 (-5.5%), from €45,562 to €43,040
of which Furniture and vehicles: -€8,670
- Reserves +€46,526
up €46,526 (+53.9%), from €86,384 to €132,910
- Debts after one year -€17,506
down €17,506 (-61.0%), from €28,700 to €11,194
- Other debts -€14,526
no longer reported in 2025 (was €14,526)
- Tax, wage and social debts +€14,273
up €14,273 (+216.7%), from €6,585 to €20,858
of which Taxes: +€9,073
- Trade debts -€6,103
down €6,103 (-24.4%), from €25,055 to €18,952
- Gross operating margin +€229,250
up €229,250 (+82.2%), from €279,044 to €508,294
- Staff costs +€185,366
up €185,366 (+87.8%), from €211,131 to €396,498
- Taxes +€14,628
up €14,628 (+139.8%), from €10,463 to €25,091
- Other operating charges +€11,053
up €11,053 (+214.5%), from €5,152 to €16,205
- Depreciation +€9,608
up €9,608 (+76.9%), from €12,492 to €22,100
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 | €190,847 | €208,055 | +€17,207 | +9.0% |
| Fixed assets | 21/28 | €52,240 | €49,718 | -€2,522 | -4.8% |
| Tangible fixed assets | 22/27 | €45,562 | €43,040 | -€2,522 | -5.5% |
| Plant, machinery and equipment | 23 | €2,003 | €8,151 | +€6,148 | +306.9% |
| Furniture and vehicles | 24 | €43,559 | €34,888 | -€8,670 | -19.9% |
| Financial fixed assets | 28 | €6,678 | €6,678 | = | 0.0% |
| Current assets | 29/58 | €138,608 | €158,337 | +€19,729 | +14.2% |
| Stocks and contracts in progress | 3 | €6,719 | - | -€6,719 | |
| Stocks | 30/36 | €5,468 | - | -€5,468 | |
| Contracts in progress | 37 | €1,251 | - | -€1,251 | |
| Amounts receivable within one year | 40/41 | €48,428 | €31,675 | -€16,753 | -34.6% |
| Trade receivables | 40 | €13,576 | €15,611 | +€2,036 | +15.0% |
| Other amounts receivable | 41 | €34,853 | €16,064 | -€18,789 | -53.9% |
| Cash at bank and in hand | 54/58 | €82,653 | €126,662 | +€44,008 | +53.2% |
| Deferred charges and accrued income | 490/1 | €807 | - | -€807 | |
| Total equity and liabilities | 10/49 | €190,847 | €208,055 | +€17,207 | +9.0% |
| Equity | 10/15 | €96,505 | €143,031 | +€46,526 | +48.2% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €86,384 | €132,910 | +€46,526 | +53.9% |
| Distributable reserves | 133 | €86,384 | €132,910 | +€46,526 | +53.9% |
| Profit (loss) carried forward | 14 | €3,821 | €3,821 | = | 0.0% |
| Amounts payable | 17/49 | €94,342 | €65,023 | -€29,319 | -31.1% |
| Amounts payable after more than one year | 17 | €28,700 | €11,194 | -€17,506 | -61.0% |
| Financial debts | 170/4 | €28,700 | €11,194 | -€17,506 | -61.0% |
| Amounts payable within one year | 42/48 | €64,095 | €53,829 | -€10,266 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €17,929 | €13,992 | -€3,937 | -22.0% |
| Financial debts | 43 | - | €27 | +€27 | |
| Credit institutions | 430/8 | - | €27 | +€27 | |
| Trade debts | 44 | €25,055 | €18,952 | -€6,103 | -24.4% |
| Suppliers | 440/4 | €25,055 | €18,952 | -€6,103 | -24.4% |
| Taxes, remuneration and social security | 45 | €6,585 | €20,858 | +€14,273 | +216.7% |
| Taxes | 450/3 | €6,585 | €15,658 | +€9,073 | +137.8% |
| Remuneration and social security | 454/9 | €0 | €5,200 | +€5,200 | |
| Other amounts payable | 47/48 | €14,526 | - | -€14,526 | |
| Accrued charges and deferred income | 492/3 | €1,547 | - | -€1,547 | |
| Non-recurring operating income | 76A | €17,906 | €3,461 | -€14,445 | -80.7% |
| Remuneration, social security and pensions | 62 | €211,131 | €396,498 | +€185,366 | +87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,492 | €22,100 | +€9,608 | +76.9% |
| Other operating charges | 640/8 | €5,152 | €16,205 | +€11,053 | +214.5% |
| Non-recurring operating charges | 66A | €10,869 | - | -€10,869 | |
| Gross operating margin | 9900 | €279,044 | €508,294 | +€229,250 | +82.2% |
| Operating profit (loss) | 9901 | €39,399 | €73,491 | +€34,092 | +86.5% |
| Financial income | 75/76B | €4,979 | €5,988 | +€1,009 | +20.3% |
| Recurring financial income | 75 | €4,979 | €5,988 | +€1,009 | +20.3% |
| Financial charges | 65/66B | €4,391 | €7,862 | +€3,471 | +79.0% |
| Recurring financial charges | 65 | €4,391 | €7,862 | +€3,471 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €39,987 | €71,618 | +€31,630 | +79.1% |
| Income taxes | 67/77 | €10,463 | €25,091 | +€14,628 | +139.8% |
| Profit (loss) for the period | 9904 | €29,524 | €46,526 | +€17,002 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,524 | €46,526 | +€17,002 | +57.6% |
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.