ISOLEXT: 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.
ISOLEXT
Largest movements
- Receivables within one year -€200,515
down €200,515 (-55.3%), from €362,857 to €162,341
of which Trade receivables: -€220,792
- Cash -€13,594
down €13,594 (-28.6%), from €47,595 to €34,001
mainly Trade debts (-€149,259) and Advances received (-€70,792)
- Tangible fixed assets -€12,569
down €12,569 (-48.3%), from €26,002 to €13,433
- Deferred charges and accrued income +€5,741
up €5,741 (+214%), from €2,679 to €8,420
- Trade debts -€149,259
down €149,259 (-46.8%), from €319,263 to €170,004
- Advances received -€70,792
down €70,792 (-100%), from €70,792 to €0
- Reserves +€16,000
up €16,000 (+273%), from €5,860 to €21,860
of which Distributable reserves: +€16,000
- Current portion of long-term debt -€9,685
down €9,685 (-100%), from €9,685 to €0
- Tax, wage and social debts -€5,897
down €5,897 (-74.3%), from €7,936 to €2,039
- Gross operating margin +€24,231
up €24,231 (+46.0%), from €52,658 to €76,889
- Write-downs +€21,371
up €21,371, from -€3,296 to €18,075
- Other operating charges +€9,688
up €9,688 (+114%), from €8,532 to €18,220
- Depreciation -€8,102
down €8,102 (-35.0%), from €23,128 to €15,026
- Taxes +€1,622
up €1,622 (+390%), from €416 to €2,039
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,769 | €224,832 | -€220,937 | -49.6% |
| Fixed assets | 21/28 | €32,639 | €20,071 | -€12,569 | -38.5% |
| Tangible fixed assets | 22/27 | €26,002 | €13,433 | -€12,569 | -48.3% |
| Furniture and vehicles | 24 | €26,002 | €13,433 | -€12,569 | -48.3% |
| Financial fixed assets | 28 | €6,637 | €6,637 | = | 0.0% |
| Current assets | 29/58 | €413,130 | €204,762 | -€208,368 | -50.4% |
| Amounts receivable within one year | 40/41 | €362,857 | €162,341 | -€200,515 | -55.3% |
| Trade receivables | 40 | €361,772 | €140,980 | -€220,792 | -61.0% |
| Other amounts receivable | 41 | €1,085 | €21,361 | +€20,276 | +1,869% |
| Cash at bank and in hand | 54/58 | €47,595 | €34,001 | -€13,594 | -28.6% |
| Deferred charges and accrued income | 490/1 | €2,679 | €8,420 | +€5,741 | +214% |
| Total equity and liabilities | 10/49 | €445,769 | €224,832 | -€220,937 | -49.6% |
| Equity | 10/15 | €28,965 | €46,019 | +€17,054 | +58.9% |
| Contributions | 10/11 | €6,510 | €6,510 | = | 0.0% |
| Reserves | 13 | €5,860 | €21,860 | +€16,000 | +273% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,860 | €21,860 | +€16,000 | +273% |
| Profit (loss) carried forward | 14 | €16,595 | €17,649 | +€1,054 | +6.3% |
| Amounts payable | 17/49 | €416,804 | €178,813 | -€237,991 | -57.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €416,612 | €178,813 | -€237,799 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €9,685 | €0 | -€9,685 | -100% |
| Trade debts | 44 | €319,263 | €170,004 | -€149,259 | -46.8% |
| Suppliers | 440/4 | €319,263 | €170,004 | -€149,259 | -46.8% |
| Advances received on contracts in progress | 46 | €70,792 | €0 | -€70,792 | -100% |
| Taxes, remuneration and social security | 45 | €7,936 | €2,039 | -€5,897 | -74.3% |
| Taxes | 450/3 | €7,936 | €2,039 | -€5,897 | -74.3% |
| Other amounts payable | 47/48 | €8,936 | €6,771 | -€2,165 | -24.2% |
| Accrued charges and deferred income | 492/3 | €192 | €0 | -€192 | -100% |
| Non-recurring operating income | 76A | €990 | €2,967 | +€1,977 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,128 | €15,026 | -€8,102 | -35.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,296 | €18,075 | +€21,371 | |
| Other operating charges | 640/8 | €8,532 | €18,220 | +€9,688 | +114% |
| Non-recurring operating charges | 66A | €1,710 | €4,787 | +€3,077 | +180% |
| Gross operating margin | 9900 | €52,658 | €76,889 | +€24,231 | +46.0% |
| Operating profit (loss) | 9901 | €22,584 | €20,780 | -€1,804 | -8.0% |
| Financial income | 75/76B | €1,178 | €310 | -€868 | -73.7% |
| Recurring financial income | 75 | €1,178 | €310 | -€868 | -73.7% |
| Financial charges | 65/66B | €2,523 | €1,998 | -€524 | -20.8% |
| Recurring financial charges | 65 | €2,523 | €1,998 | -€524 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €21,240 | €19,092 | -€2,148 | -10.1% |
| Income taxes | 67/77 | €416 | €2,039 | +€1,622 | +390% |
| Profit (loss) for the period | 9904 | €20,824 | €17,054 | -€3,770 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,824 | €17,054 | -€3,770 | -18.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.