ISOLINVEST: 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.
ISOLINVEST
Largest movements
- Cash +€30,607
up €30,607 (+83.6%), from €36,628 to €67,235
mainly Net result for the year (+€36,137) and Depreciation (+€21,466)
- Tangible fixed assets -€13,352
down €13,352 (-17.7%), from €75,335 to €61,983
of which Leasing and similar rights: -€11,391
- Deferred charges and accrued income -€6,299
down €6,299 (-57.5%), from €10,952 to €4,653
- Profit (loss) carried forward +€36,137
up €36,137 (+36.4%), from -€99,190 to -€63,053
- Debts after one year -€15,741
down €15,741 (-36.4%), from €43,189 to €27,448
- Current portion of long-term debt -€12,359
down €12,359 (-44.0%), from €28,100 to €15,741
- Trade debts -€8,272
down €8,272 (-7.3%), from €113,016 to €104,743
- Accrued charges and deferred income +€6,879
up €6,879 (+58.9%), from €11,686 to €18,565
- Gross operating margin +€13,186
up €13,186 (+24.1%), from €54,718 to €67,904
- Other operating charges -€6,805
down €6,805 (-86.8%), from €7,842 to €1,037
- Depreciation +€5,875
up €5,875 (+37.7%), from €15,591 to €21,466
- Financial charges -€5,014
down €5,014 (-28.1%), from €17,839 to €12,825
- Financial income +€2,092
up €2,092 (+130%), from €1,611 to €3,703
of which Financial income: +€2,092
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 | €255,869 | €265,302 | +€9,432 | +3.7% |
| Fixed assets | 21/28 | €75,335 | €61,983 | -€13,352 | -17.7% |
| Tangible fixed assets | 22/27 | €75,335 | €61,983 | -€13,352 | -17.7% |
| Land and buildings | 22 | €11,537 | €9,161 | -€2,376 | -20.6% |
| Furniture and vehicles | 24 | €14,689 | €15,104 | +€415 | +2.8% |
| Leasing and similar rights | 25 | €49,109 | €37,718 | -€11,391 | -23.2% |
| Current assets | 29/58 | €180,534 | €203,319 | +€22,784 | +12.6% |
| Stocks and contracts in progress | 3 | €29,191 | €27,187 | -€2,004 | -6.9% |
| Stocks | 30/36 | €29,191 | €27,187 | -€2,004 | -6.9% |
| Amounts receivable within one year | 40/41 | €103,763 | €104,244 | +€481 | +0.5% |
| Trade receivables | 40 | €86,633 | €53,380 | -€33,253 | -38.4% |
| Other amounts receivable | 41 | €17,130 | €50,864 | +€33,734 | +197% |
| Cash at bank and in hand | 54/58 | €36,628 | €67,235 | +€30,607 | +83.6% |
| Deferred charges and accrued income | 490/1 | €10,952 | €4,653 | -€6,299 | -57.5% |
| Total equity and liabilities | 10/49 | €255,869 | €265,302 | +€9,432 | +3.7% |
| Equity | 10/15 | -€40,590 | -€4,453 | +€36,137 | +89.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,190 | -€63,053 | +€36,137 | +36.4% |
| Amounts payable | 17/49 | €296,460 | €269,755 | -€26,705 | -9.0% |
| Amounts payable after more than one year | 17 | €43,189 | €27,448 | -€15,741 | -36.4% |
| Financial debts | 170/4 | €43,189 | €27,448 | -€15,741 | -36.4% |
| Amounts payable within one year | 42/48 | €241,585 | €223,742 | -€17,843 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €28,100 | €15,741 | -€12,359 | -44.0% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €113,016 | €104,743 | -€8,272 | -7.3% |
| Suppliers | 440/4 | €113,016 | €104,743 | -€8,272 | -7.3% |
| Taxes, remuneration and social security | 45 | €469 | €3,257 | +€2,789 | +595% |
| Taxes | 450/3 | €469 | €3,257 | +€2,789 | +595% |
| Accrued charges and deferred income | 492/3 | €11,686 | €18,565 | +€6,879 | +58.9% |
| Non-recurring operating income | 76A | €0 | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,591 | €21,466 | +€5,875 | +37.7% |
| Other operating charges | 640/8 | €7,842 | €1,037 | -€6,805 | -86.8% |
| Non-recurring operating charges | 66A | €9,957 | €0 | -€9,957 | -100% |
| Gross operating margin | 9900 | €54,718 | €67,904 | +€13,186 | +24.1% |
| Operating profit (loss) | 9901 | €21,327 | €45,401 | +€24,073 | +113% |
| Financial income | 75/76B | €1,611 | €3,703 | +€2,092 | +130% |
| Recurring financial income | 75 | €1,611 | €3,703 | +€2,092 | +130% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €17,839 | €12,825 | -€5,014 | -28.1% |
| Recurring financial charges | 65 | €17,839 | €12,825 | -€5,014 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €5,099 | €36,278 | +€31,179 | +611% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.4% |
| Profit (loss) for the period | 9904 | €4,959 | €36,137 | +€31,179 | +629% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €4,959 | €36,137 | +€31,179 | +629% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.