ISOLEAD: 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.
ISOLEAD
Largest movements
- Cash +€60,833
up €60,833 (+147.9%), from €41,132 to €101,964
mainly Net result for the year (+€45,668) and Trade debts (+€26,585)
- Receivables within one year +€43,043
up €43,043 (+95.6%), from €45,026 to €88,069
of which Other amounts receivable: +€24,085
- Stocks and contracts -€4,119
down €4,119 (-24.4%), from €16,906 to €12,787
- Profit (loss) carried forward +€45,668
up €45,668 (+140.2%), from €32,575 to €78,244
- Trade debts +€26,585
up €26,585 (+46.6%), from €57,012 to €83,597
- Current portion of long-term debt +€22,576
new in 2025: €22,576
- Advances received +€6,229
new in 2025: €6,229
- Gross operating margin +€16,991
up €16,991 (+39.3%), from €43,182 to €60,173
- Taxes +€3,595
up €3,595 (+44.0%), from €8,172 to €11,767
- Depreciation -€1,152
down €1,152 (-48.2%), from €2,388 to €1,236
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 | €108,324 | €209,455 | +€101,131 | +93.4% |
| Fixed assets | 21/28 | €4,129 | €4,838 | +€710 | +17.2% |
| Tangible fixed assets | 22/27 | €4,129 | €4,838 | +€710 | +17.2% |
| Plant, machinery and equipment | 23 | €2,422 | €3,040 | +€617 | +25.5% |
| Furniture and vehicles | 24 | €1,706 | €1,799 | +€92 | +5.4% |
| Current assets | 29/58 | €104,196 | €204,617 | +€100,421 | +96.4% |
| Stocks and contracts in progress | 3 | €16,906 | €12,787 | -€4,119 | -24.4% |
| Stocks | 30/36 | €16,906 | €12,787 | -€4,119 | -24.4% |
| Amounts receivable within one year | 40/41 | €45,026 | €88,069 | +€43,043 | +95.6% |
| Trade receivables | 40 | €29,477 | €48,435 | +€18,958 | +64.3% |
| Other amounts receivable | 41 | €15,549 | €39,635 | +€24,085 | +154.9% |
| Cash at bank and in hand | 54/58 | €41,132 | €101,964 | +€60,833 | +147.9% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,796 | +€665 | +58.7% |
| Total equity and liabilities | 10/49 | €108,324 | €209,455 | +€101,131 | +93.4% |
| Equity | 10/15 | €40,075 | €85,744 | +€45,668 | +114.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,575 | €78,244 | +€45,668 | +140.2% |
| Amounts payable | 17/49 | €68,249 | €123,712 | +€55,463 | +81.3% |
| Amounts payable within one year | 42/48 | €68,249 | €123,712 | +€55,463 | +81.3% |
| Current portion of amounts payable after more than one year | 42 | - | €22,576 | +€22,576 | |
| Trade debts | 44 | €57,012 | €83,597 | +€26,585 | +46.6% |
| Suppliers | 440/4 | €57,012 | €83,597 | +€26,585 | +46.6% |
| Advances received on contracts in progress | 46 | - | €6,229 | +€6,229 | |
| Taxes, remuneration and social security | 45 | €11,022 | €11,022 | = | 0.0% |
| Taxes | 450/3 | €8,872 | €8,872 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €215 | €288 | +€73 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,388 | €1,236 | -€1,152 | -48.2% |
| Non-recurring operating charges | 66A | - | €916 | +€916 | |
| Gross operating margin | 9900 | €43,182 | €60,173 | +€16,991 | +39.3% |
| Operating profit (loss) | 9901 | €40,794 | €58,020 | +€17,227 | +42.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €47 | €585 | +€539 | +1156.1% |
| Recurring financial charges | 65 | €47 | €585 | +€539 | +1156.1% |
| Profit (loss) for the period before taxes | 9903 | €40,747 | €57,435 | +€16,688 | +41.0% |
| Income taxes | 67/77 | €8,172 | €11,767 | +€3,595 | +44.0% |
| Profit (loss) for the period | 9904 | €32,575 | €45,668 | +€13,093 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,575 | €45,668 | +€13,093 | +40.2% |
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 8 October 2026 via checked.be.