ISOMASTER: 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.
ISOMASTER
Largest movements
- Cash +€52,766
up €52,766 (+551.2%), from €9,573 to €62,339
mainly Stocks and contracts (+€44,031) and Receivables after one year (+€33,219)
- Stocks and contracts -€44,031
no longer reported in 2024 (was €44,031)
- Receivables after one year -€33,219
down €33,219 (-25.8%), from €128,929 to €95,710
- Tangible fixed assets +€30,307
up €30,307 (+342.5%), from €8,848 to €39,155
of which Furniture and vehicles: +€29,380
- Receivables within one year -€18,668
down €18,668 (-37.1%), from €50,329 to €31,661
of which Other amounts receivable: -€41,829
- Debts after one year +€22,389
new in 2024: €22,389
- Tax, wage and social debts -€21,263
no longer reported in 2024 (was €21,263)
- Profit (loss) carried forward -€12,392
down €12,392 (-341.5%), from -€3,629 to -€16,021
- Trade debts -€4,330
down €4,330 (-7.3%), from €59,121 to €54,792
- Other debts +€2,751
new in 2024: €2,751
- Gross operating margin -€95,742
down €95,742 (-55.2%), from €173,348 to €77,606
- Taxes -€61,480
no longer reported in 2024 (was €61,480)
- Staff costs -€58,894
down €58,894 (-51.2%), from €114,925 to €56,031
- Financial charges +€13,540
up €13,540 (+1125.6%), from €1,203 to €14,743
- Other operating charges +€11,499
up €11,499 (+667.0%), from €1,724 to €13,223
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,165 | €230,321 | -€12,844 | -5.3% |
| Fixed assets | 21/28 | €10,303 | €40,611 | +€30,308 | +294.2% |
| Tangible fixed assets | 22/27 | €8,848 | €39,155 | +€30,307 | +342.5% |
| Plant, machinery and equipment | 23 | - | €927 | +€927 | |
| Furniture and vehicles | 24 | €8,848 | €38,228 | +€29,380 | +332.1% |
| Financial fixed assets | 28 | €1,455 | €1,456 | +€1 | 0.0% |
| Current assets | 29/58 | €232,862 | €189,710 | -€43,152 | -18.5% |
| Amounts receivable after more than one year | 29 | €128,929 | €95,710 | -€33,219 | -25.8% |
| Other amounts receivable | 291 | €128,929 | €95,710 | -€33,219 | -25.8% |
| Stocks and contracts in progress | 3 | €44,031 | - | -€44,031 | |
| Contracts in progress | 37 | €44,031 | - | -€44,031 | |
| Amounts receivable within one year | 40/41 | €50,329 | €31,661 | -€18,668 | -37.1% |
| Trade receivables | 40 | €3,248 | €26,408 | +€23,160 | +713.1% |
| Other amounts receivable | 41 | €47,081 | €5,252 | -€41,829 | -88.8% |
| Cash at bank and in hand | 54/58 | €9,573 | €62,339 | +€52,766 | +551.2% |
| Total equity and liabilities | 10/49 | €243,165 | €230,321 | -€12,844 | -5.3% |
| Equity | 10/15 | €162,781 | €150,389 | -€12,392 | -7.6% |
| Contributions | 10/11 | €17,300 | €17,300 | = | 0.0% |
| Reserves | 13 | €149,110 | €149,110 | +€0 | 0.0% |
| Distributable reserves | 133 | €149,110 | €149,110 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€3,629 | -€16,021 | -€12,392 | -341.5% |
| Amounts payable | 17/49 | €80,384 | €79,931 | -€453 | -0.6% |
| Amounts payable after more than one year | 17 | - | €22,389 | +€22,389 | |
| Financial debts | 170/4 | - | €22,389 | +€22,389 | |
| Amounts payable within one year | 42/48 | €80,384 | €57,543 | -€22,842 | -28.4% |
| Trade debts | 44 | €59,121 | €54,792 | -€4,330 | -7.3% |
| Suppliers | 440/4 | €59,121 | €54,792 | -€4,330 | -7.3% |
| Taxes, remuneration and social security | 45 | €21,263 | - | -€21,263 | |
| Taxes | 450/3 | €21,263 | - | -€21,263 | |
| Other amounts payable | 47/48 | - | €2,751 | +€2,751 | |
| Remuneration, social security and pensions | 62 | €114,925 | €56,031 | -€58,894 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,297 | €9,348 | +€6,051 | +183.5% |
| Other operating charges | 640/8 | €1,724 | €13,223 | +€11,499 | +667.0% |
| Gross operating margin | 9900 | €173,348 | €77,606 | -€95,742 | -55.2% |
| Operating profit (loss) | 9901 | €53,402 | -€996 | -€54,398 | |
| Financial income | 75/76B | €5,652 | €3,348 | -€2,304 | -40.8% |
| Recurring financial income | 75 | €5,652 | €3,348 | -€2,304 | -40.8% |
| Financial charges | 65/66B | €1,203 | €14,743 | +€13,540 | +1125.6% |
| Recurring financial charges | 65 | €1,203 | €14,743 | +€13,540 | +1125.6% |
| Profit (loss) for the period before taxes | 9903 | €57,851 | -€12,392 | -€70,243 | |
| Income taxes | 67/77 | €61,480 | - | -€61,480 | |
| Profit (loss) for the period | 9904 | -€3,629 | -€12,392 | -€8,763 | -241.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,629 | -€12,392 | -€8,763 | -241.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.