ISOPOLY: what changed
ISOPOLY
Largest movements
- Receivables within one year +€59,727
up €59,727 (+324%), from €18,461 to €78,188
of which Trade receivables: +€60,484
- Stocks and contracts +€22,500
new in 2025: €22,500
- Tangible fixed assets -€2,073
down €2,073 (-73.8%), from €2,808 to €734
of which Leasing and similar rights: -€2,808
- Cash -€1,657
down €1,657 (-88.0%), from €1,884 to €227
mainly Receivables within one year (-€59,727) and Stocks and contracts (-€22,500)
- Deferred charges and accrued income +€1,421
up €1,421 (+229%), from €620 to €2,041
- Trade debts +€84,132
up €84,132 (+283%), from €29,759 to €113,891
- Profit (loss) carried forward -€5,383
down €5,383 (-23.0%), from -€23,399 to -€28,782
- Other debts +€3,465
up €3,465 (+70.5%), from €4,915 to €8,381
- Current portion of long-term debt -€2,297
no longer reported in 2025 (was €2,297)
- Gross operating margin -€8,013
down €8,013 (-95.2%), from €8,419 to €406
- Depreciation -€2,617
down €2,617 (-41.1%), from €6,365 to €3,748
- Financial charges -€626
down €626 (-43.0%), from €1,457 to €831
- Other operating charges -€124
down €124 (-9.3%), from €1,334 to €1,210
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 | €31,573 | €111,490 | +€79,917 | +253% |
| Fixed assets | 21/28 | €10,608 | €8,534 | -€2,073 | -19.5% |
| Tangible fixed assets | 22/27 | €2,808 | €734 | -€2,073 | -73.8% |
| Furniture and vehicles | 24 | - | €734 | +€734 | |
| Leasing and similar rights | 25 | €2,808 | - | -€2,808 | |
| Financial fixed assets | 28 | €7,800 | €7,800 | = | 0.0% |
| Current assets | 29/58 | €20,965 | €102,956 | +€81,991 | +391% |
| Stocks and contracts in progress | 3 | - | €22,500 | +€22,500 | |
| Stocks | 30/36 | - | €22,500 | +€22,500 | |
| Amounts receivable within one year | 40/41 | €18,461 | €78,188 | +€59,727 | +324% |
| Trade receivables | 40 | €15,470 | €75,954 | +€60,484 | +391% |
| Other amounts receivable | 41 | €2,990 | €2,233 | -€757 | -25.3% |
| Cash at bank and in hand | 54/58 | €1,884 | €227 | -€1,657 | -88.0% |
| Deferred charges and accrued income | 490/1 | €620 | €2,041 | +€1,421 | +229% |
| Total equity and liabilities | 10/49 | €31,573 | €111,490 | +€79,917 | +253% |
| Equity | 10/15 | -€5,399 | -€10,782 | -€5,383 | -99.7% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,399 | -€28,782 | -€5,383 | -23.0% |
| Amounts payable | 17/49 | €36,971 | €122,272 | +€85,300 | +231% |
| Amounts payable within one year | 42/48 | €36,971 | €122,272 | +€85,300 | +231% |
| Current portion of amounts payable after more than one year | 42 | €2,297 | - | -€2,297 | |
| Trade debts | 44 | €29,759 | €113,891 | +€84,132 | +283% |
| Suppliers | 440/4 | €29,759 | €113,891 | +€84,132 | +283% |
| Other amounts payable | 47/48 | €4,915 | €8,381 | +€3,465 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,365 | €3,748 | -€2,617 | -41.1% |
| Other operating charges | 640/8 | €1,334 | €1,210 | -€124 | -9.3% |
| Gross operating margin | 9900 | €8,419 | €406 | -€8,013 | -95.2% |
| Operating profit (loss) | 9901 | €720 | -€4,552 | -€5,272 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,457 | €831 | -€626 | -43.0% |
| Recurring financial charges | 65 | €1,457 | €831 | -€626 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | -€737 | -€5,383 | -€4,646 | -630% |
| Profit (loss) for the period | 9904 | -€737 | -€5,383 | -€4,646 | -630% |
| Profit (loss) for the period to be appropriated | 9905 | -€737 | -€5,383 | -€4,646 | -630% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.