ISOMAR: 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.
What changed
ISOMAR
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€397,998
2024 · €18,716+€379,282
Equity
€1.3m
2024 · €1.2m+€82,459
Cash
€246,291
2024 · €88,407+€157,885
Balance sheet total
€3.2m
2024 · €2.9m+€225,907
Largest movements
Assets
- Cash +€157,885
up €157,885 (+178.6%), from €88,407 to €246,291
mainly Short-term financial debts (+€422,389) and Net result for the year (+€397,998)
- Receivables within one year +€66,865
up €66,865 (+3.9%), from €1.7m to €1.8m
of which Trade receivables: +€204,762
- Stocks and contracts +€36,822
up €36,822 (+3.7%), from €1.0m to €1.0m
Equity and liabilities
- Short-term financial debts +€422,389
up €422,389 (+44.6%), from €946,138 to €1.4m
- Trade debts -€397,352
down €397,352 (-75.6%), from €525,686 to €128,334
of which Suppliers: -€394,315
- Accrued charges and deferred income +€84,913
new in 2025: €84,913
- Profit (loss) carried forward +€82,459
up €82,459 (+132.8%), from €62,076 to €144,535
Income statement
- Purchases and services -€4.6m
no longer reported in 2025 (was €4.6m)
- Gross operating margin +€326,533
up €326,533 (+36.8%), from €886,128 to €1.2m
- Staff costs -€166,598
down €166,598 (-21.7%), from €767,823 to €601,225
- Taxes +€67,856
up €67,856 (+342.4%), from €19,817 to €87,673
- Write-downs +€48,636
up €48,636, from €0 to €48,636
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.
Result 2024
€18,716
Gross operating margin
+€326,533
Staff costs
+€166,598
Depreciation
+€4,226
Write-downs
-€48,636
Other operating charges
+€12,638
Financial income
-€10,597
Financial charges
-€3,624
Taxes
-€67,856
Result 2025
€397,998
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.
From operations
+€70,991
Investment
-€1,224
Financing
+€88,119
Cash 2024
€88,407
From operations (derived)
+€70,991
Net result for the year
+€397,998
Depreciation
+€24,068
Stocks and contracts
-€36,822
Receivables within one year
-€66,865
Deferred charges and accrued income
+€12,822
Trade debts
-€397,352
Tax, wage and social debts
+€31,214
Other debts
+€21,016
Accrued charges and deferred income
+€84,913
Investment (derived)
-€1,224
Investment in fixed assets (net)
-€1,224
Financing
+€88,119
Debts after one year
-€6,797
Current portion of long-term debt
-€11,934
Short-term financial debts
+€422,389
Contributions, distributions and other
-€315,539
Cash 2025
€246,291
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,926,947 | €3,152,854 | +€225,907 | +7.7% |
| Fixed assets | 21/28 | €119,631 | €96,787 | -€22,844 | -19.1% |
| Tangible fixed assets | 22/27 | €117,787 | €94,944 | -€22,844 | -19.4% |
| Land and buildings | 22 | €707 | €354 | -€354 | -50.0% |
| Plant, machinery and equipment | 23 | €433 | €289 | -€144 | -33.3% |
| Furniture and vehicles | 24 | €14,610 | €11,116 | -€3,493 | -23.9% |
| Leasing and similar rights | 25 | €68,120 | €52,905 | -€15,215 | -22.3% |
| Other tangible fixed assets | 26 | €33,917 | €30,280 | -€3,638 | -10.7% |
| Financial fixed assets | 28 | €1,844 | €1,844 | = | 0.0% |
| Current assets | 29/58 | €2,807,317 | €3,056,067 | +€248,751 | +8.9% |
| Stocks and contracts in progress | 3 | €1,006,959 | €1,043,781 | +€36,822 | +3.7% |
| Stocks | 30/36 | €1,006,959 | €1,043,781 | +€36,822 | +3.7% |
| Amounts receivable within one year | 40/41 | €1,694,561 | €1,761,426 | +€66,865 | +3.9% |
| Trade receivables | 40 | €999,826 | €1,204,589 | +€204,762 | +20.5% |
| Other amounts receivable | 41 | €694,734 | €556,837 | -€137,897 | -19.8% |
| Cash at bank and in hand | 54/58 | €88,407 | €246,291 | +€157,885 | +178.6% |
| Deferred charges and accrued income | 490/1 | €17,391 | €4,569 | -€12,822 | -73.7% |
| Total equity and liabilities | 10/49 | €2,926,947 | €3,152,854 | +€225,907 | +7.7% |
| Equity | 10/15 | €1,189,330 | €1,271,789 | +€82,459 | +6.9% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €127,254 | €127,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €27,254 | €27,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,076 | €144,535 | +€82,459 | +132.8% |
| Amounts payable | 17/49 | €1,737,617 | €1,881,066 | +€143,449 | +8.3% |
| Amounts payable after more than one year | 17 | €49,949 | €43,152 | -€6,797 | -13.6% |
| Financial debts | 170/4 | €49,949 | €43,152 | -€6,797 | -13.6% |
| Amounts payable within one year | 42/48 | €1,687,668 | €1,753,000 | +€65,332 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €72,525 | €60,591 | -€11,934 | -16.5% |
| Financial debts | 43 | €946,138 | €1,368,527 | +€422,389 | +44.6% |
| Credit institutions | 430/8 | €946,138 | €1,368,527 | +€422,389 | +44.6% |
| Trade debts | 44 | €525,686 | €128,334 | -€397,352 | -75.6% |
| Suppliers | 440/4 | €522,649 | €128,334 | -€394,315 | -75.4% |
| Bills of exchange payable | 441 | €3,037 | - | -€3,037 | |
| Taxes, remuneration and social security | 45 | €139,621 | €170,835 | +€31,214 | +22.4% |
| Taxes | 450/3 | €52,164 | €127,769 | +€75,605 | +144.9% |
| Remuneration and social security | 454/9 | €87,457 | €43,066 | -€44,391 | -50.8% |
| Other amounts payable | 47/48 | €3,698 | €24,714 | +€21,016 | +568.3% |
| Accrued charges and deferred income | 492/3 | - | €84,913 | +€84,913 | |
| Non-recurring operating income | 76A | €22,603 | - | -€22,603 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,554,419 | - | -€4.6m | |
| Remuneration, social security and pensions | 62 | €767,823 | €601,225 | -€166,598 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,293 | €24,068 | -€4,226 | -14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €48,636 | +€48,636 | |
| Other operating charges | 640/8 | €37,972 | €25,334 | -€12,638 | -33.3% |
| Gross operating margin | 9900 | €886,128 | €1,212,661 | +€326,533 | +36.8% |
| Operating profit (loss) | 9901 | €52,039 | €513,399 | +€461,359 | +886.6% |
| Financial income | 75/76B | €66,554 | €55,957 | -€10,597 | -15.9% |
| Recurring financial income | 75 | €66,554 | €55,957 | -€10,597 | -15.9% |
| Financial charges | 65/66B | €80,060 | €83,685 | +€3,624 | +4.5% |
| Recurring financial charges | 65 | €80,060 | €83,685 | +€3,624 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €38,533 | €485,671 | +€447,138 | +1160.4% |
| Income taxes | 67/77 | €19,817 | €87,673 | +€67,856 | +342.4% |
| Profit (loss) for the period | 9904 | €18,716 | €397,998 | +€379,282 | +2026.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,716 | €397,998 | +€379,282 | +2026.5% |
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 4 October 2026 via checked.be.