ISOMO: 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.
What changed
ISOMO
NACE 23.430, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2023not consecutivefiled annual accounts (NBB)
Net result for the year
-€94,040
2023 · €454,543-€548,583
Equity
€5.5m
2023 · €5.6m-€94,040
Cash
€322,736
2023 · €312,070+€10,666
Balance sheet total
€13.0m
2023 · €9.8m+€3.1m
Largest movements
Assets
- Intangible fixed assets +€1.2m
up €1.2m (+16,428%), from €7,305 to €1.2m
- Receivables after one year +€800,000
new in 2025: €800,000
- Tangible fixed assets +€683,816
up €683,816 (+22.5%), from €3.0m to €3.7m
of which Plant, machinery and equipment: +€802,625
- Receivables within one year +€582,673
up €582,673 (+16.7%), from €3.5m to €4.1m
of which Trade receivables: +€860,850
Equity and liabilities
- Short-term financial debts +€1.9m
up €1.9m (+345%), from €550,000 to €2.5m
- Trade debts +€1.8m
up €1.8m (+127%), from €1.4m to €3.2m
- Debts after one year -€446,980
down €446,980 (-33.0%), from €1.4m to €906,890
- Other debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Tax, wage and social debts +€130,179
up €130,179 (+48.4%), from €268,969 to €399,148
of which Remuneration and social security: +€79,837
Income statement
- Turnover +€15.2m
up €15.2m (+77.7%), from €19.5m to €34.7m
- Goods and materials +€7.8m
up €7.8m (+79.1%), from €9.8m to €17.6m
of which Purchases: +€8.2m
- Services and other goods +€6.1m
up €6.1m (+105%), from €5.8m to €11.9m
- Staff costs +€2.6m
up €2.6m (+113%), from €2.3m to €4.8m
- Depreciation +€879,709
up €879,709 (+135%), from €651,169 to €1.5m
From the 2023 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 2023
€454,543
Turnover
+€15.2m
Other operating income
+€278,500
Goods and materials
-€7.8m
Services and other goods
-€6.1m
Staff costs
-€2.6m
Depreciation
-€879,709
Write-downs
+€3,617
Other operating charges
+€8,583
Other operating items
+€1.4m
Financial income
+€39,887
Financial charges
-€314,280
Taxes
+€175,977
Deferred taxes and other
-€13,415
Result 2025
-€94,040
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,846,926 | €12,966,045 | +€3.1m | +31.7% |
| Fixed assets | 21/28 | €3,047,374 | €4,931,340 | +€1.9m | +61.8% |
| Intangible fixed assets | 21 | €7,305 | €1,207,455 | +€1.2m | +16,428% |
| Tangible fixed assets | 22/27 | €3,033,253 | €3,717,070 | +€683,816 | +22.5% |
| Land and buildings | 22 | €827,113 | €726,591 | -€100,522 | -12.2% |
| Plant, machinery and equipment | 23 | €969,593 | €1,772,218 | +€802,625 | +82.8% |
| Furniture and vehicles | 24 | €18,419 | €87,675 | +€69,256 | +376% |
| Leasing and similar rights | 25 | €44,049 | €25,088 | -€18,961 | -43.0% |
| Other tangible fixed assets | 26 | €1,174,080 | €1,105,498 | -€68,582 | -5.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €6,816 | €6,816 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,816 | €6,816 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,816 | €6,816 | = | 0.0% |
| Current assets | 29/58 | €6,799,552 | €8,034,705 | +€1.2m | +18.2% |
| Amounts receivable after more than one year | 29 | - | €800,000 | +€800,000 | |
| Other amounts receivable | 291 | - | €800,000 | +€800,000 | |
| Stocks and contracts in progress | 3 | €2,637,122 | €2,596,703 | -€40,420 | -1.5% |
| Stocks | 30/36 | €2,637,122 | €2,596,703 | -€40,420 | -1.5% |
| Raw materials and consumables | 30/31 | €930,667 | €710,580 | -€220,087 | -23.6% |
| Work in progress | 32 | €653,362 | €920,248 | +€266,887 | +40.8% |
| Finished goods | 33 | €916,528 | €623,578 | -€292,950 | -32.0% |
| Goods purchased for resale | 34 | €136,566 | €342,296 | +€205,730 | +151% |
| Amounts receivable within one year | 40/41 | €3,487,916 | €4,070,589 | +€582,673 | +16.7% |
| Trade receivables | 40 | €2,950,209 | €3,811,059 | +€860,850 | +29.2% |
| Other amounts receivable | 41 | €537,707 | €259,529 | -€278,177 | -51.7% |
| Cash at bank and in hand | 54/58 | €312,070 | €322,736 | +€10,666 | +3.4% |
| Deferred charges and accrued income | 490/1 | €362,444 | €244,677 | -€117,766 | -32.5% |
| Total equity and liabilities | 10/49 | €9,846,926 | €12,966,045 | +€3.1m | +31.7% |
| Equity | 10/15 | €5,611,070 | €5,517,030 | -€94,040 | -1.7% |
| Contributions | 10/11 | €3,348,035 | €3,348,035 | = | 0.0% |
| Capital | 10 | €3,348,035 | €3,348,035 | = | 0.0% |
| Issued capital | 100 | €3,348,035 | €3,348,035 | = | 0.0% |
| Reserves | 13 | €2,263,035 | €2,168,995 | -€94,040 | -4.2% |
| Non-distributable reserves | 130/1 | €334,804 | €334,804 | = | 0.0% |
| Legal reserve | 130 | €334,804 | €334,804 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,381 | €1,381 | = | 0.0% |
| Distributable reserves | 133 | €1,926,850 | €1,832,810 | -€94,040 | -4.9% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €4,235,856 | €7,449,015 | +€3.2m | +75.9% |
| Amounts payable after more than one year | 17 | €1,353,870 | €906,890 | -€446,980 | -33.0% |
| Financial debts | 170/4 | €1,353,870 | €906,890 | -€446,980 | -33.0% |
| Leasing and similar obligations | 172 | €34,961 | €16,081 | -€18,880 | -54.0% |
| Credit institutions | 173 | €1,318,909 | €890,808 | -€428,100 | -32.5% |
| Amounts payable within one year | 42/48 | €2,880,256 | €6,540,704 | +€3.7m | +127% |
| Current portion of amounts payable after more than one year | 42 | €488,876 | €459,629 | -€29,247 | -6.0% |
| Financial debts | 43 | €550,000 | €2,450,000 | +€1.9m | +345% |
| Credit institutions | 430/8 | €550,000 | €2,450,000 | +€1.9m | +345% |
| Trade debts | 44 | €1,422,411 | €3,231,927 | +€1.8m | +127% |
| Suppliers | 440/4 | €1,422,411 | €3,231,927 | +€1.8m | +127% |
| Taxes, remuneration and social security | 45 | €268,969 | €399,148 | +€130,179 | +48.4% |
| Taxes | 450/3 | €37,062 | €87,404 | +€50,342 | +136% |
| Remuneration and social security | 454/9 | €231,907 | €311,744 | +€79,837 | +34.4% |
| Other amounts payable | 47/48 | €150,000 | €0 | -€150,000 | -100% |
| Accrued charges and deferred income | 492/3 | €1,730 | €1,421 | -€309 | -17.8% |
| Operating income | 70/76A | €19,373,867 | €36,191,278 | +€16.8m | +86.8% |
| Turnover | 70 | €19,532,731 | €34,707,406 | +€15.2m | +77.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€359,531 | -€26,063 | +€333,468 | +92.8% |
| Own construction capitalised | 72 | - | €970,102 | +€970,102 | |
| Other operating income | 74 | €199,013 | €477,513 | +€278,500 | +140% |
| Non-recurring operating income | 76A | €1,655 | €62,321 | +€60,666 | +3,667% |
| Operating charges | 60/66A | €18,581,008 | €35,835,172 | +€17.3m | +92.9% |
| Goods for resale, raw materials and consumables | 60 | €9,809,521 | €17,568,136 | +€7.8m | +79.1% |
| Purchases | 600/8 | €9,366,250 | €17,553,779 | +€8.2m | +87.4% |
| Change in stocks: decrease (increase) | 609 | €443,270 | €14,357 | -€428,914 | -96.8% |
| Services and other goods | 61 | €5,778,525 | €11,863,236 | +€6.1m | +105% |
| Remuneration, social security and pensions | 62 | €2,276,874 | €4,844,870 | +€2.6m | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €651,169 | €1,530,879 | +€879,709 | +135% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,577 | -€39 | -€3,617 | |
| Other operating charges | 640/8 | €35,326 | €26,743 | -€8,583 | -24.3% |
| Non-recurring operating charges | 66A | €26,016 | €1,347 | -€24,669 | -94.8% |
| Operating profit (loss) | 9901 | €792,859 | €356,106 | -€436,753 | -55.1% |
| Financial income | 75/76B | €73,061 | €112,948 | +€39,887 | +54.6% |
| Recurring financial income | 75 | €73,061 | €112,948 | +€39,887 | +54.6% |
| Income from current assets | 751 | €11,388 | €28,819 | +€17,431 | +153% |
| Other financial income | 752/9 | €61,673 | €84,129 | +€22,456 | +36.4% |
| Financial charges | 65/66B | €244,257 | €558,537 | +€314,280 | +129% |
| Recurring financial charges | 65 | €244,257 | €558,537 | +€314,280 | +129% |
| Debt charges | 650 | €101,111 | €236,952 | +€135,841 | +134% |
| Other financial charges | 652/9 | €143,146 | €321,585 | +€178,439 | +125% |
| Profit (loss) for the period before taxes | 9903 | €621,662 | -€89,484 | -€711,146 | |
| Transfer from deferred taxes | 780 | €13,415 | €0 | -€13,415 | -100% |
| Income taxes | 67/77 | €180,534 | €4,556 | -€175,977 | -97.5% |
| Taxes | 670/3 | €180,568 | €5,000 | -€175,568 | -97.2% |
| Tax adjustments and reversals of tax provisions | 77 | €35 | €444 | +€409 | +1,175% |
| Profit (loss) for the period | 9904 | €454,543 | -€94,040 | -€548,583 | |
| Transfer from tax-exempt reserves | 789 | €201,895 | €0 | -€201,895 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €656,438 | -€94,040 | -€750,478 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.