ISOLATION NOUVELLE: what changed
What changed
ISOLATION NOUVELLE
NACE 43.230, Insulation installation
filed annual accounts (NBB)
Net result for the year
€26,069
2024 · €6,639+€19,430
Equity
€815,027
2024 · €798,632+€16,395
Cash
€241,611
2024 · €388,080-€146,469
Balance sheet total
€1.0m
2024 · €968,104+€39,603
Largest movements
Assets
- Receivables within one year +€216,337
up €216,337 (+52.6%), from €410,970 to €627,307
of which Trade receivables: +€306,319
- Cash -€146,469
down €146,469 (-37.7%), from €388,080 to €241,611
mainly Receivables within one year (-€216,337) and Tax, wage and social debts (-€25,449)
- Stocks and contracts -€19,789
down €19,789 (-22.7%), from €87,334 to €67,545
Equity and liabilities
- Trade debts +€48,657
up €48,657 (+59.9%), from €81,174 to €129,831
- Tax, wage and social debts -€25,449
down €25,449 (-44.1%), from €57,684 to €32,235
of which Remuneration and social security: -€23,927
- Reserves +€16,395
up €16,395 (+2.2%), from €736,632 to €753,027
of which Distributable reserves: +€16,395
Income statement
- Purchases and services +€149,941
up €149,941 (+24.0%), from €625,056 to €774,997
- Staff costs -€99,207
down €99,207 (-18.7%), from €530,861 to €431,654
- Gross operating margin -€85,487
down €85,487 (-14.1%), from €604,327 to €518,840
- Turnover +€44,665
up €44,665 (+3.6%), from €1.2m to €1.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,639
Gross operating margin
-€85,487
Staff costs
+€99,207
Depreciation
-€1,753
Other operating charges
+€111
Other operating items
+€3,709
Financial income
-€16
Financial charges
-€112
Taxes
+€3,771
Result 2025
€26,069
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€120,117
Investment
-€16,678
Financing
-€9,674
Cash 2024
€388,080
From operations (derived)
-€120,117
Net result for the year
+€26,069
Depreciation
+€19,384
Stocks and contracts
+€19,789
Receivables within one year
-€216,337
Deferred charges and accrued income
+€7,770
Trade debts
+€48,657
Tax, wage and social debts
-€25,449
Investment (derived)
-€16,678
Investment in fixed assets (net)
-€16,678
Financing
-€9,674
Contributions, distributions and other
-€9,674
Cash 2025
€241,611
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €968,104 | €1,007,707 | +€39,603 | +4.1% |
| Fixed assets | 21/28 | €57,142 | €54,436 | -€2,706 | -4.7% |
| Tangible fixed assets | 22/27 | €57,142 | €54,436 | -€2,706 | -4.7% |
| Land and buildings | 22 | €37,970 | €44,527 | +€6,557 | +17.3% |
| Plant, machinery and equipment | 23 | €2,169 | €6,092 | +€3,923 | +181% |
| Furniture and vehicles | 24 | €17,003 | €3,817 | -€13,186 | -77.6% |
| Current assets | 29/58 | €910,962 | €953,271 | +€42,309 | +4.6% |
| Stocks and contracts in progress | 3 | €87,334 | €67,545 | -€19,789 | -22.7% |
| Stocks | 30/36 | €87,334 | €67,545 | -€19,789 | -22.7% |
| Amounts receivable within one year | 40/41 | €410,970 | €627,307 | +€216,337 | +52.6% |
| Trade receivables | 40 | €283,262 | €589,581 | +€306,319 | +108% |
| Other amounts receivable | 41 | €127,708 | €37,726 | -€89,982 | -70.5% |
| Cash at bank and in hand | 54/58 | €388,080 | €241,611 | -€146,469 | -37.7% |
| Deferred charges and accrued income | 490/1 | €24,578 | €16,808 | -€7,770 | -31.6% |
| Total equity and liabilities | 10/49 | €968,104 | €1,007,707 | +€39,603 | +4.1% |
| Equity | 10/15 | €798,632 | €815,027 | +€16,395 | +2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €736,632 | €753,027 | +€16,395 | +2.2% |
| Non-distributable reserves | 130/1 | €17,491 | €17,491 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €11,291 | €11,291 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,651 | €59,651 | = | 0.0% |
| Distributable reserves | 133 | €659,490 | €675,885 | +€16,395 | +2.5% |
| Provisions and deferred taxes | 16 | €30,614 | €30,614 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,614 | €30,614 | = | 0.0% |
| Pensions and similar obligations | 160 | €30,614 | €30,614 | = | 0.0% |
| Amounts payable | 17/49 | €138,858 | €162,066 | +€23,208 | +16.7% |
| Amounts payable within one year | 42/48 | €138,858 | €162,066 | +€23,208 | +16.7% |
| Trade debts | 44 | €81,174 | €129,831 | +€48,657 | +59.9% |
| Suppliers | 440/4 | €81,174 | €129,831 | +€48,657 | +59.9% |
| Taxes, remuneration and social security | 45 | €57,684 | €32,235 | -€25,449 | -44.1% |
| Taxes | 450/3 | €1,522 | - | -€1,522 | |
| Remuneration and social security | 454/9 | €56,162 | €32,235 | -€23,927 | -42.6% |
| Turnover | 70 | €1,229,382 | €1,274,047 | +€44,665 | +3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €625,056 | €774,997 | +€149,941 | +24.0% |
| Remuneration, social security and pensions | 62 | €530,861 | €431,654 | -€99,207 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,631 | €19,384 | +€1,753 | +9.9% |
| Other operating charges | 640/8 | €19,145 | €19,034 | -€111 | -0.6% |
| Non-recurring operating charges | 66A | €19,833 | €16,124 | -€3,709 | -18.7% |
| Gross operating margin | 9900 | €604,327 | €518,840 | -€85,487 | -14.1% |
| Operating profit (loss) | 9901 | €16,857 | €32,644 | +€15,787 | +93.7% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €6,463 | €6,575 | +€112 | +1.7% |
| Recurring financial charges | 65 | €6,463 | €6,575 | +€112 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €10,410 | €26,069 | +€15,659 | +150% |
| Income taxes | 67/77 | €3,771 | - | -€3,771 | |
| Profit (loss) for the period | 9904 | €6,639 | €26,069 | +€19,430 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €6,639 | €26,069 | +€19,430 | +293% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.