Isolstar Holding: what changed
What changed
Isolstar Holding
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€5.0m
2024 · -€5.6m+€582,188
Equity
€185.1m
2024 · €159.9m+€25.2m
Cash
-
not filed
Balance sheet total
€240.1m
2024 · €214.7m+€25.4m
Largest movements
Assets
- Financial fixed assets +€25.5m
up €25.5m (+11.9%), from €214.4m to €240.0m
Equity and liabilities
- Contributions +€30.2m
up €30.2m (+19.7%), from €153.3m to €183.5m
of which Capital: +€30.2m
- Profit (loss) carried forward -€5.0m
down €5.0m (-95.0%), from €5.2m to €262,018
Income statement
No income-statement line moved by more than 1% of the activity.
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
-€5.6m
Other operating charges
+€865
Other operating items
+€3,041
Financial income
-€144,002
Financial charges
+€722,284
Result 2025
-€5.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,678,435 | €240,097,119 | +€25.4m | +11.8% |
| Fixed assets | 21/28 | €214,419,043 | €239,964,043 | +€25.5m | +11.9% |
| Financial fixed assets | 28 | €214,419,043 | €239,964,043 | +€25.5m | +11.9% |
| Affiliated companies | 280/1 | €214,419,043 | €239,964,043 | +€25.5m | +11.9% |
| Participating interests | 280 | €209,769,043 | €239,964,043 | +€30.2m | +14.4% |
| Amounts receivable | 281 | €4,650,000 | - | -€4.7m | |
| Current assets | 29/58 | €259,392 | €133,076 | -€126,316 | -48.7% |
| Amounts receivable within one year | 40/41 | €259,392 | €133,076 | -€126,316 | -48.7% |
| Trade receivables | 40 | €46,275 | - | -€46,275 | |
| Other amounts receivable | 41 | €213,117 | €133,076 | -€80,041 | -37.6% |
| Total equity and liabilities | 10/49 | €214,678,435 | €240,097,119 | +€25.4m | +11.8% |
| Equity | 10/15 | €159,901,121 | €185,117,118 | +€25.2m | +15.8% |
| Contributions | 10/11 | €153,272,500 | €183,467,500 | +€30.2m | +19.7% |
| Capital | 10 | €24,158,380 | €54,353,380 | +€30.2m | +125% |
| Issued capital | 100 | €24,158,380 | €54,353,380 | +€30.2m | +125% |
| Contributions outside capital | 11 | €129,114,120 | €129,114,120 | = | 0.0% |
| Share premium | 1100/10 | €129,114,120 | €129,114,120 | = | 0.0% |
| Reserves | 13 | €1,387,600 | €1,387,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,387,600 | €1,387,600 | = | 0.0% |
| Legal reserve | 130 | €1,387,600 | €1,387,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,241,021 | €262,018 | -€5.0m | -95.0% |
| Amounts payable | 17/49 | €54,777,314 | €54,980,001 | +€202,687 | +0.4% |
| Amounts payable after more than one year | 17 | €52,806,586 | €52,806,586 | = | 0.0% |
| Financial debts | 170/4 | €52,806,586 | €52,806,586 | = | 0.0% |
| Other loans | 174 | €52,806,586 | €52,806,586 | = | 0.0% |
| Amounts payable within one year | 42/48 | €799,166 | €1,152,858 | +€353,693 | +44.3% |
| Trade debts | 44 | €3,237 | €1,920 | -€1,316 | -40.7% |
| Suppliers | 440/4 | €3,237 | €1,920 | -€1,316 | -40.7% |
| Other amounts payable | 47/48 | €795,929 | €1,150,938 | +€355,009 | +44.6% |
| Accrued charges and deferred income | 492/3 | €1,171,563 | €1,020,558 | -€151,005 | -12.9% |
| Operating charges | 60/66A | €13,298 | €9,391 | -€3,906 | -29.4% |
| Services and other goods | 61 | €11,113 | €8,072 | -€3,041 | -27.4% |
| Other operating charges | 640/8 | €2,185 | €1,320 | -€865 | -39.6% |
| Operating profit (loss) | 9901 | -€13,298 | -€9,391 | +€3,906 | +29.4% |
| Financial income | 75/76B | €213,117 | €69,115 | -€144,002 | -67.6% |
| Recurring financial income | 75 | €213,117 | €69,115 | -€144,002 | -67.6% |
| Income from financial fixed assets | 750 | €213,117 | €69,115 | -€144,002 | -67.6% |
| Financial charges | 65/66B | €5,761,011 | €5,038,727 | -€722,284 | -12.5% |
| Recurring financial charges | 65 | €5,761,011 | €5,038,727 | -€722,284 | -12.5% |
| Debt charges | 650 | €5,759,739 | €5,038,107 | -€721,632 | -12.5% |
| Other financial charges | 652/9 | €1,272 | €620 | -€651 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,561,191 | -€4,979,003 | +€582,188 | +10.5% |
| Profit (loss) for the period | 9904 | -€5,561,191 | -€4,979,003 | +€582,188 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,561,191 | -€4,979,003 | +€582,188 | +10.5% |
Next steps
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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 8 November 2026 via checked.be.