ISOLIFE: 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.
ISOLIFE
Largest movements
- Tangible fixed assets +€597,359
up €597,359 (+799%), from €74,789 to €672,148
- Receivables within one year -€113,714
down €113,714 (-46.4%), from €244,857 to €131,143
- Cash +€11,379
up €11,379 (+33.2%), from €34,272 to €45,651
mainly Debts after one year (+€530,860) and Receivables within one year (+€113,714)
- Debts after one year +€530,860
new in 2020: €530,860
- Debts within one year -€56,358
down €56,358 (-21.6%), from €261,147 to €204,789
- Equity +€16,047
up €16,047 (+15.3%), from €104,820 to €120,867
of which Profit (loss) carried forward: +€16,047
- Turnover -€463,539
down €463,539 (-37.7%), from €1.2m to €767,298
- Gross operating margin -€26,553
down €26,553 (-13.0%), from €204,283 to €177,730
- Taxes -€20,145
down €20,145 (-72.6%), from €27,730 to €7,585
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €365,967 | €856,516 | +€490,549 | +134% |
| Fixed assets | 21/28 | €78,713 | €675,072 | +€596,359 | +758% |
| Intangible fixed assets | 21 | €3,750 | €2,750 | -€1,000 | -26.7% |
| Tangible fixed assets | 22/27 | €74,789 | €672,148 | +€597,359 | +799% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €287,254 | €181,444 | -€105,810 | -36.8% |
| Stocks and contracts in progress | 3 | €8,125 | €4,650 | -€3,475 | -42.8% |
| Amounts receivable within one year | 40/41 | €244,857 | €131,143 | -€113,714 | -46.4% |
| Cash at bank and in hand | 54/58 | €34,272 | €45,651 | +€11,379 | +33.2% |
| Total equity and liabilities | 10/49 | €365,967 | €856,516 | +€490,549 | +134% |
| Equity | 10/15 | €104,820 | €120,867 | +€16,047 | +15.3% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,760 | €112,807 | +€16,047 | +16.6% |
| Amounts payable | 17/49 | €261,147 | €735,649 | +€474,502 | +182% |
| Amounts payable after more than one year | 17 | - | €530,860 | +€530,860 | |
| Amounts payable within one year | 42/48 | €261,147 | €204,789 | -€56,358 | -21.6% |
| Trade debts | 44 | €190,207 | €71,550 | -€118,657 | -62.4% |
| Turnover | 70 | €1,230,837 | €767,298 | -€463,539 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,238 | €49,762 | +€6,524 | +15.1% |
| Gross operating margin | 9900 | €204,283 | €177,730 | -€26,553 | -13.0% |
| Operating profit (loss) | 9901 | €129,458 | €29,035 | -€100,423 | -77.6% |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Recurring financial charges | 65 | €3,108 | €5,404 | +€2,296 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €126,350 | €23,632 | -€102,718 | -81.3% |
| Income taxes | 67/77 | €27,730 | €7,585 | -€20,145 | -72.6% |
| Profit (loss) for the period | 9904 | €98,620 | €16,047 | -€82,573 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €98,620 | €16,047 | -€82,573 | -83.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.