Isolatec: what changed
Two financial 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
Isolatec
NACE 46.839, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€39,818
2024 · -€122,076+€161,894
Equity
€11.1m
2024 · €11.1m+€39,818
Cash
€401,371
2024 · €368,601+€32,770
Balance sheet total
€11.6m
2024 · €11.7m-€141,472
Largest movements
Assets
- Receivables within one year -€234,008
down €234,008 (-2.2%), from €10.7m to €10.5m
of which Trade receivables: -€171,610
Equity and liabilities
- Tax, wage and social debts -€161,019
down €161,019 (-58.7%), from €274,350 to €113,331
of which Remuneration and social security: -€95,498
Income statement
- Turnover -€491,584
down €491,584 (-6.4%), from €7.6m to €7.1m
- Goods and materials -€347,607
down €347,607 (-6.1%), from €5.7m to €5.4m
of which Purchases: -€179,357
- Staff costs -€296,079
down €296,079 (-24.0%), from €1.2m to €938,886
- Other operating income -€116,145
down €116,145 (-73.6%), from €157,760 to €41,615
- Financial income -€111,744
down €111,744 (-19.6%), from €568,687 to €456,943
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
-€122,076
Turnover
-€491,584
Other operating income
-€116,145
Goods and materials
+€347,607
Services and other goods
+€76,453
Staff costs
+€296,079
Depreciation
-€1,975
Write-downs
+€106,244
Other operating charges
+€23,862
Other operating items
+€45,615
Financial income
-€111,744
Financial charges
-€12,639
Taxes
+€121
Result 2025
€39,818
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€38,879
Investment
-€6,109
Financing
€0
Cash 2024
€368,601
From operations (derived)
+€38,879
Net result for the year
+€39,818
Depreciation
+€20,430
Stocks and contracts
-€79,545
Receivables within one year
+€234,008
Deferred charges and accrued income
+€5,458
Trade debts
-€15,101
Tax, wage and social debts
-€161,019
Other debts
-€5,170
Investment (derived)
-€6,109
Investment in fixed assets (net)
-€6,109
Cash 2025
€401,371
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,726,983 | €11,585,511 | -€141,472 | -1.2% |
| Fixed assets | 21/28 | €59,307 | €44,986 | -€14,321 | -24.1% |
| Tangible fixed assets | 22/27 | €59,307 | €44,986 | -€14,321 | -24.1% |
| Plant, machinery and equipment | 23 | €39,703 | €30,837 | -€8,866 | -22.3% |
| Furniture and vehicles | 24 | €19,604 | €14,149 | -€5,455 | -27.8% |
| Current assets | 29/58 | €11,667,676 | €11,540,525 | -€127,151 | -1.1% |
| Stocks and contracts in progress | 3 | €574,079 | €653,624 | +€79,545 | +13.9% |
| Stocks | 30/36 | €574,079 | €653,624 | +€79,545 | +13.9% |
| Goods purchased for resale | 34 | €574,079 | €653,624 | +€79,545 | +13.9% |
| Amounts receivable within one year | 40/41 | €10,710,483 | €10,476,475 | -€234,008 | -2.2% |
| Trade receivables | 40 | €1,705,804 | €1,534,194 | -€171,610 | -10.1% |
| Other amounts receivable | 41 | €9,004,679 | €8,942,281 | -€62,398 | -0.7% |
| Cash at bank and in hand | 54/58 | €368,601 | €401,371 | +€32,770 | +8.9% |
| Deferred charges and accrued income | 490/1 | €14,513 | €9,055 | -€5,458 | -37.6% |
| Total equity and liabilities | 10/49 | €11,726,983 | €11,585,511 | -€141,472 | -1.2% |
| Equity | 10/15 | €11,082,077 | €11,121,895 | +€39,818 | +0.4% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €653,309 | €653,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €650,829 | €650,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,403,968 | €10,443,786 | +€39,818 | +0.4% |
| Amounts payable | 17/49 | €644,906 | €463,616 | -€181,290 | -28.1% |
| Amounts payable within one year | 42/48 | €644,906 | €463,616 | -€181,290 | -28.1% |
| Trade debts | 44 | €360,120 | €345,019 | -€15,101 | -4.2% |
| Suppliers | 440/4 | €360,120 | €345,019 | -€15,101 | -4.2% |
| Taxes, remuneration and social security | 45 | €274,350 | €113,331 | -€161,019 | -58.7% |
| Taxes | 450/3 | €92,592 | €27,071 | -€65,521 | -70.8% |
| Remuneration and social security | 454/9 | €181,758 | €86,260 | -€95,498 | -52.5% |
| Other amounts payable | 47/48 | €10,436 | €5,266 | -€5,170 | -49.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €7,782,621 | €7,174,892 | -€607,729 | -7.8% |
| Turnover | 70 | €7,624,861 | €7,133,277 | -€491,584 | -6.4% |
| Other operating income | 74 | €157,760 | €41,615 | -€116,145 | -73.6% |
| Operating charges | 60/66A | €8,437,015 | €7,543,130 | -€893,885 | -10.6% |
| Goods for resale, raw materials and consumables | 60 | €5,703,739 | €5,356,132 | -€347,607 | -6.1% |
| Purchases | 600/8 | €5,595,650 | €5,416,293 | -€179,357 | -3.2% |
| Change in stocks: decrease (increase) | 609 | €108,089 | -€60,161 | -€168,250 | |
| Services and other goods | 61 | €1,297,656 | €1,221,203 | -€76,453 | -5.9% |
| Remuneration, social security and pensions | 62 | €1,234,965 | €938,886 | -€296,079 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,455 | €20,430 | +€1,975 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €93,879 | -€12,365 | -€106,244 | |
| Other operating charges | 640/8 | €42,706 | €18,844 | -€23,862 | -55.9% |
| Non-recurring operating charges | 66A | €45,615 | - | -€45,615 | |
| Operating profit (loss) | 9901 | -€654,394 | -€368,238 | +€286,156 | +43.7% |
| Financial income | 75/76B | €568,687 | €456,943 | -€111,744 | -19.6% |
| Recurring financial income | 75 | €568,687 | €456,943 | -€111,744 | -19.6% |
| Income from current assets | 751 | €421,844 | €304,063 | -€117,781 | -27.9% |
| Other financial income | 752/9 | €146,843 | €152,880 | +€6,037 | +4.1% |
| Financial charges | 65/66B | €34,478 | €47,117 | +€12,639 | +36.7% |
| Recurring financial charges | 65 | €34,478 | €47,117 | +€12,639 | +36.7% |
| Other financial charges | 652/9 | €34,478 | €47,117 | +€12,639 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | -€120,185 | €41,588 | +€161,773 | |
| Income taxes | 67/77 | €1,891 | €1,770 | -€121 | -6.4% |
| Taxes | 670/3 | €1,891 | €1,770 | -€121 | -6.4% |
| Profit (loss) for the period | 9904 | -€122,076 | €39,818 | +€161,894 | |
| Profit (loss) for the period to be appropriated | 9905 | -€122,076 | €39,818 | +€161,894 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.