ISOPOL: what changed
ISOPOL
Largest movements
- Cash +€18,855
up €18,855 (+57.1%), from €33,026 to €51,882
mainly Depreciation (+€22,904) and Stocks and contracts (+€12,867)
- Tangible fixed assets -€14,891
down €14,891 (-22.3%), from €66,679 to €51,788
of which Plant, machinery and equipment: -€9,718
- Stocks and contracts -€12,867
down €12,867 (-57.5%), from €22,367 to €9,500
- Receivables within one year +€6,803
up €6,803 (+27.0%), from €25,217 to €32,020
of which Trade receivables: +€9,873
- Deferred charges and accrued income -€5,302
down €5,302 (-94.4%), from €5,618 to €316
- Debts after one year -€12,597
down €12,597 (-34.3%), from €36,728 to €24,131
- Trade debts +€5,662
up €5,662 (+103%), from €5,480 to €11,142
- Gross operating margin -€15,011
down €15,011 (-18.6%), from €80,691 to €65,680
- Depreciation +€7,914
up €7,914 (+52.8%), from €14,990 to €22,904
- Taxes -€4,371
down €4,371 (-96.0%), from €4,553 to €182
- Financial income -€4,179
down €4,179 (-100.0%), from €4,179 to €0
- Other operating charges -€2,474
down €2,474 (-38.5%), from €6,421 to €3,947
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,758 | €148,356 | -€7,402 | -4.8% |
| Fixed assets | 21/28 | €69,529 | €54,638 | -€14,891 | -21.4% |
| Tangible fixed assets | 22/27 | €66,679 | €51,788 | -€14,891 | -22.3% |
| Plant, machinery and equipment | 23 | €27,668 | €17,950 | -€9,718 | -35.1% |
| Furniture and vehicles | 24 | €39,012 | €33,838 | -€5,174 | -13.3% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €86,228 | €93,718 | +€7,489 | +8.7% |
| Stocks and contracts in progress | 3 | €22,367 | €9,500 | -€12,867 | -57.5% |
| Stocks | 30/36 | €22,367 | €9,500 | -€12,867 | -57.5% |
| Amounts receivable within one year | 40/41 | €25,217 | €32,020 | +€6,803 | +27.0% |
| Trade receivables | 40 | €14,274 | €24,147 | +€9,873 | +69.2% |
| Other amounts receivable | 41 | €10,943 | €7,873 | -€3,070 | -28.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,026 | €51,882 | +€18,855 | +57.1% |
| Deferred charges and accrued income | 490/1 | €5,618 | €316 | -€5,302 | -94.4% |
| Total equity and liabilities | 10/49 | €155,758 | €148,356 | -€7,402 | -4.8% |
| Equity | 10/15 | €96,453 | €96,077 | -€376 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,453 | €91,077 | -€376 | -0.4% |
| Amounts payable | 17/49 | €59,305 | €52,279 | -€7,026 | -11.8% |
| Amounts payable after more than one year | 17 | €36,728 | €24,131 | -€12,597 | -34.3% |
| Financial debts | 170/4 | €36,728 | €24,131 | -€12,597 | -34.3% |
| Amounts payable within one year | 42/48 | €22,432 | €27,811 | +€5,379 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €11,944 | €12,597 | +€653 | +5.5% |
| Financial debts | 43 | €89 | €0 | -€89 | -100% |
| Credit institutions | 430/8 | €89 | €0 | -€89 | -100% |
| Trade debts | 44 | €5,480 | €11,142 | +€5,662 | +103% |
| Suppliers | 440/4 | €5,480 | €11,142 | +€5,662 | +103% |
| Taxes, remuneration and social security | 45 | €4,920 | €4,073 | -€847 | -17.2% |
| Taxes | 450/3 | €184 | €36 | -€147 | -80.2% |
| Remuneration and social security | 454/9 | €4,737 | €4,037 | -€700 | -14.8% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €145 | €336 | +€191 | +132% |
| Remuneration, social security and pensions | 62 | €34,745 | €34,670 | -€75 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,990 | €22,904 | +€7,914 | +52.8% |
| Other operating charges | 640/8 | €6,421 | €3,947 | -€2,474 | -38.5% |
| Gross operating margin | 9900 | €80,691 | €65,680 | -€15,011 | -18.6% |
| Operating profit (loss) | 9901 | €24,534 | €4,158 | -€20,377 | -83.1% |
| Financial income | 75/76B | €4,179 | €0 | -€4,179 | -100.0% |
| Recurring financial income | 75 | €4,179 | €0 | -€4,179 | -100.0% |
| Financial charges | 65/66B | €4,511 | €4,351 | -€159 | -3.5% |
| Recurring financial charges | 65 | €4,511 | €4,351 | -€159 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €24,203 | -€193 | -€24,396 | |
| Income taxes | 67/77 | €4,553 | €182 | -€4,371 | -96.0% |
| Profit (loss) for the period | 9904 | €19,649 | -€376 | -€20,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,649 | -€376 | -€20,025 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.