ISOLATIESTOCK: what changed
ISOLATIESTOCK
Largest movements
- Cash +€86,347
up €86,347 (+352%), from €24,498 to €110,845
mainly Short-term financial debts (+€125,158) and Trade debts (+€89,851)
- Receivables within one year +€82,396
up €82,396 (+18.6%), from €443,532 to €525,929
of which Other amounts receivable: +€51,853
- Stocks and contracts +€80,565
up €80,565 (+13.2%), from €608,970 to €689,535
- Tangible fixed assets -€23,372
down €23,372 (-21.4%), from €109,111 to €85,739
of which Furniture and vehicles: -€15,164
- Short-term financial debts +€125,158
up €125,158 (+32.5%), from €385,117 to €510,275
- Trade debts +€89,851
up €89,851 (+23.7%), from €378,641 to €468,492
- Tax, wage and social debts -€33,992
down €33,992 (-84.5%), from €40,220 to €6,228
of which Taxes: -€19,188
- Reserves +€30,527
up €30,527 (+15.1%), from €202,054 to €232,582
- Other debts +€25,459
up €25,459 (+1,184%), from €2,149 to €27,608
- Gross operating margin -€48,219
down €48,219 (-15.4%), from €312,364 to €264,144
- Financial income +€47,580
up €47,580 (+484%), from €9,825 to €57,405
- Staff costs -€34,597
down €34,597 (-17.3%), from €199,540 to €164,943
- Taxes +€12,666
up €12,666 (+144%), from €8,800 to €21,467
- Financial charges -€6,385
down €6,385 (-11.1%), from €57,767 to €51,382
of which Financial charges: -€9,129
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,191,311 | €1,416,977 | +€225,666 | +18.9% |
| Fixed assets | 21/28 | €110,963 | €88,701 | -€22,261 | -20.1% |
| Tangible fixed assets | 22/27 | €109,111 | €85,739 | -€23,372 | -21.4% |
| Plant, machinery and equipment | 23 | €69,546 | €61,338 | -€8,208 | -11.8% |
| Furniture and vehicles | 24 | €39,565 | €24,401 | -€15,164 | -38.3% |
| Financial fixed assets | 28 | €1,852 | €2,963 | +€1,111 | +60.0% |
| Current assets | 29/58 | €1,080,348 | €1,328,276 | +€247,928 | +22.9% |
| Stocks and contracts in progress | 3 | €608,970 | €689,535 | +€80,565 | +13.2% |
| Stocks | 30/36 | €608,970 | €689,535 | +€80,565 | +13.2% |
| Amounts receivable within one year | 40/41 | €443,532 | €525,929 | +€82,396 | +18.6% |
| Trade receivables | 40 | €406,497 | €437,040 | +€30,543 | +7.5% |
| Other amounts receivable | 41 | €37,035 | €88,889 | +€51,853 | +140% |
| Cash at bank and in hand | 54/58 | €24,498 | €110,845 | +€86,347 | +352% |
| Deferred charges and accrued income | 490/1 | €3,348 | €1,967 | -€1,380 | -41.2% |
| Total equity and liabilities | 10/49 | €1,191,311 | €1,416,977 | +€225,666 | +18.9% |
| Equity | 10/15 | €352,054 | €382,582 | +€30,527 | +8.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €202,054 | €232,582 | +€30,527 | +15.1% |
| Distributable reserves | 133 | €202,054 | €232,582 | +€30,527 | +15.1% |
| Amounts payable | 17/49 | €839,256 | €1,034,395 | +€195,139 | +23.3% |
| Amounts payable after more than one year | 17 | €21,537 | €13,429 | -€8,107 | -37.6% |
| Financial debts | 170/4 | €21,537 | €13,429 | -€8,107 | -37.6% |
| Amounts payable within one year | 42/48 | €813,956 | €1,020,710 | +€206,754 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €7,829 | €8,107 | +€278 | +3.6% |
| Financial debts | 43 | €385,117 | €510,275 | +€125,158 | +32.5% |
| Credit institutions | 430/8 | €385,117 | €510,275 | +€125,158 | +32.5% |
| Trade debts | 44 | €378,641 | €468,492 | +€89,851 | +23.7% |
| Suppliers | 440/4 | €378,641 | €468,492 | +€89,851 | +23.7% |
| Taxes, remuneration and social security | 45 | €40,220 | €6,228 | -€33,992 | -84.5% |
| Taxes | 450/3 | €19,597 | €409 | -€19,188 | -97.9% |
| Remuneration and social security | 454/9 | €20,623 | €5,819 | -€14,804 | -71.8% |
| Other amounts payable | 47/48 | €2,149 | €27,608 | +€25,459 | +1,184% |
| Accrued charges and deferred income | 492/3 | €3,763 | €256 | -€3,507 | -93.2% |
| Remuneration, social security and pensions | 62 | €199,540 | €164,943 | -€34,597 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,438 | €23,372 | -€65 | -0.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €4,774 | +€4,774 | |
| Other operating charges | 640/8 | - | €85 | +€85 | |
| Non-recurring operating charges | 66A | €8,806 | - | -€8,806 | |
| Gross operating margin | 9900 | €312,364 | €264,144 | -€48,219 | -15.4% |
| Operating profit (loss) | 9901 | €80,580 | €70,971 | -€9,610 | -11.9% |
| Financial income | 75/76B | €9,825 | €57,405 | +€47,580 | +484% |
| Recurring financial income | 75 | €9,825 | €57,405 | +€47,580 | +484% |
| Financial charges | 65/66B | €57,767 | €51,382 | -€6,385 | -11.1% |
| Recurring financial charges | 65 | €57,767 | €48,638 | -€9,129 | -15.8% |
| Non-recurring financial charges | 66B | - | €2,744 | +€2,744 | |
| Profit (loss) for the period before taxes | 9903 | €32,638 | €76,994 | +€44,356 | +136% |
| Income taxes | 67/77 | €8,800 | €21,467 | +€12,666 | +144% |
| Profit (loss) for the period | 9904 | €23,838 | €55,527 | +€31,689 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €23,838 | €55,527 | +€31,689 | +133% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.