ISOMEL: 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.
ISOMEL
Largest movements
- Cash +€68,558
up €68,558 (+29.5%), from €232,010 to €300,568
mainly Net result for the year (+€133,584) and Trade debts (+€120,784)
- Stocks and contracts +€14,248
up €14,248 (+53.3%), from €26,721 to €40,969
- Tangible fixed assets +€13,983
up €13,983 (+2.4%), from €579,642 to €593,626
of which Land and buildings: +€42,784
- Trade debts +€120,784
up €120,784 (+2,157%), from €5,598 to €126,382
- Profit (loss) carried forward +€92,407
up €92,407 (+19.2%), from €481,900 to €574,307
- Debts after one year -€80,778
down €80,778 (-40.7%), from €198,439 to €117,662
- Tax, wage and social debts -€27,423
down €27,423 (-14.3%), from €191,792 to €164,369
of which Taxes: -€20,065
- Taxes +€44,972
up €44,972 (+61.6%), from €72,975 to €117,947
- Gross operating margin -€40,298
down €40,298 (-11.0%), from €365,774 to €325,476
- Staff costs -€22,557
down €22,557 (-83.0%), from €27,182 to €4,625
- Depreciation +€7,596
up €7,596 (+13.8%), from €55,086 to €62,682
- Financial charges +€4,269
up €4,269 (+40.1%), from €10,647 to €14,916
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 | €1,170,714 | €1,280,613 | +€109,899 | +9.4% |
| Fixed assets | 21/28 | €589,777 | €603,971 | +€14,193 | +2.4% |
| Tangible fixed assets | 22/27 | €579,642 | €593,626 | +€13,983 | +2.4% |
| Land and buildings | 22 | €492,178 | €534,963 | +€42,784 | +8.7% |
| Plant, machinery and equipment | 23 | €52,494 | €30,305 | -€22,190 | -42.3% |
| Furniture and vehicles | 24 | €34,970 | €28,359 | -€6,611 | -18.9% |
| Financial fixed assets | 28 | €10,135 | €10,345 | +€210 | +2.1% |
| Current assets | 29/58 | €580,937 | €676,643 | +€95,706 | +16.5% |
| Stocks and contracts in progress | 3 | €26,721 | €40,969 | +€14,248 | +53.3% |
| Stocks | 30/36 | €26,721 | €40,969 | +€14,248 | +53.3% |
| Amounts receivable within one year | 40/41 | €321,522 | €331,377 | +€9,854 | +3.1% |
| Trade receivables | 40 | €232,503 | €290,097 | +€57,594 | +24.8% |
| Other amounts receivable | 41 | €89,020 | €41,280 | -€47,740 | -53.6% |
| Cash at bank and in hand | 54/58 | €232,010 | €300,568 | +€68,558 | +29.5% |
| Deferred charges and accrued income | 490/1 | €683 | €3,729 | +€3,046 | +446% |
| Total equity and liabilities | 10/49 | €1,170,714 | €1,280,613 | +€109,899 | +9.4% |
| Equity | 10/15 | €489,960 | €594,767 | +€104,807 | +21.4% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €481,900 | €574,307 | +€92,407 | +19.2% |
| Amounts payable | 17/49 | €680,754 | €685,847 | +€5,092 | +0.7% |
| Amounts payable after more than one year | 17 | €198,439 | €117,662 | -€80,778 | -40.7% |
| Financial debts | 170/4 | €198,439 | €117,662 | -€80,778 | -40.7% |
| Amounts payable within one year | 42/48 | €481,909 | €567,886 | +€85,977 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €84,518 | €86,459 | +€1,941 | +2.3% |
| Trade debts | 44 | €5,598 | €126,382 | +€120,784 | +2,157% |
| Suppliers | 440/4 | €5,598 | €126,382 | +€120,784 | +2,157% |
| Taxes, remuneration and social security | 45 | €191,792 | €164,369 | -€27,423 | -14.3% |
| Taxes | 450/3 | €182,731 | €162,666 | -€20,065 | -11.0% |
| Remuneration and social security | 454/9 | €9,062 | €1,703 | -€7,359 | -81.2% |
| Other amounts payable | 47/48 | €200,000 | €190,676 | -€9,324 | -4.7% |
| Accrued charges and deferred income | 492/3 | €407 | €299 | -€107 | -26.4% |
| Remuneration, social security and pensions | 62 | €27,182 | €4,625 | -€22,557 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,086 | €62,682 | +€7,596 | +13.8% |
| Other operating charges | 640/8 | €6,229 | €6,386 | +€157 | +2.5% |
| Gross operating margin | 9900 | €365,774 | €325,476 | -€40,298 | -11.0% |
| Operating profit (loss) | 9901 | €277,277 | €251,783 | -€25,494 | -9.2% |
| Financial income | 75/76B | €15,159 | €14,663 | -€496 | -3.3% |
| Recurring financial income | 75 | €15,159 | €14,663 | -€496 | -3.3% |
| Financial charges | 65/66B | €10,647 | €14,916 | +€4,269 | +40.1% |
| Recurring financial charges | 65 | €10,647 | €14,916 | +€4,269 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €281,789 | €251,531 | -€30,258 | -10.7% |
| Income taxes | 67/77 | €72,975 | €117,947 | +€44,972 | +61.6% |
| Profit (loss) for the period | 9904 | €208,814 | €133,584 | -€75,230 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €208,814 | €133,584 | -€75,230 | -36.0% |
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 14 October 2026 via checked.be.