ISOPOL: 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.
ISOPOL
Largest movements
- Tangible fixed assets -€36,979
down €36,979 (-8.5%), from €434,003 to €397,024
- Receivables within one year +€32,904
up €32,904 (+34436.9%), from €96 to €33,000
- Cash -€14,924
down €14,924 (-26.0%), from €57,312 to €42,388
mainly Receivables within one year (-€32,904) and Net result for the year (-€15,927)
- Reserves -€15,927
down €15,927 (-31.2%), from €50,983 to €35,056
of which Distributable reserves: -€15,927
- Gross operating margin -€20,410
down €20,410 (-41.1%), from €49,690 to €29,280
- Taxes -€1,338
down €1,338 (-99.6%), from €1,343 to €6
- Other operating charges +€530
up €530 (+6.9%), from €7,641 to €8,172
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,411 | €472,412 | -€18,999 | -3.9% |
| Fixed assets | 21/28 | €434,003 | €397,024 | -€36,979 | -8.5% |
| Tangible fixed assets | 22/27 | €434,003 | €397,024 | -€36,979 | -8.5% |
| Land and buildings | 22 | €434,003 | €397,024 | -€36,979 | -8.5% |
| Current assets | 29/58 | €57,407 | €75,388 | +€17,980 | +31.3% |
| Amounts receivable within one year | 40/41 | €96 | €33,000 | +€32,904 | +34436.9% |
| Other amounts receivable | 41 | €96 | €33,000 | +€32,904 | +34436.9% |
| Cash at bank and in hand | 54/58 | €57,312 | €42,388 | -€14,924 | -26.0% |
| Total equity and liabilities | 10/49 | €491,411 | €472,412 | -€18,999 | -3.9% |
| Equity | 10/15 | €69,583 | €53,656 | -€15,927 | -22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,983 | €35,056 | -€15,927 | -31.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,123 | €33,196 | -€15,927 | -32.4% |
| Amounts payable | 17/49 | €421,828 | €418,756 | -€3,072 | -0.7% |
| Amounts payable within one year | 42/48 | €421,828 | €418,756 | -€3,072 | -0.7% |
| Trade debts | 44 | €516 | €331 | -€186 | -36.0% |
| Suppliers | 440/4 | €516 | €331 | -€186 | -36.0% |
| Taxes, remuneration and social security | 45 | €4,343 | €1,457 | -€2,886 | -66.4% |
| Taxes | 450/3 | €4,343 | €1,457 | -€2,886 | -66.4% |
| Other amounts payable | 47/48 | €416,968 | €416,968 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,979 | €36,979 | = | 0.0% |
| Other operating charges | 640/8 | €7,641 | €8,172 | +€530 | +6.9% |
| Gross operating margin | 9900 | €49,690 | €29,280 | -€20,410 | -41.1% |
| Operating profit (loss) | 9901 | €5,070 | -€15,871 | -€20,940 | |
| Financial charges | 65/66B | €36 | €51 | +€15 | +40.6% |
| Recurring financial charges | 65 | €36 | €51 | +€15 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €5,034 | -€15,921 | -€20,955 | |
| Income taxes | 67/77 | €1,343 | €6 | -€1,338 | -99.6% |
| Profit (loss) for the period | 9904 | €3,690 | -€15,927 | -€19,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,690 | -€15,927 | -€19,617 |
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 3 October 2026 via checked.be.