ISOPOWER: 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.
ISOPOWER
Largest movements
- Receivables within one year -€91,183
down €91,183 (-85.3%), from €106,906 to €15,723
of which Trade receivables: -€87,687
- Tangible fixed assets -€29,689
down €29,689 (-19.4%), from €152,905 to €123,216
of which Furniture and vehicles: -€16,060
- Receivables after one year +€15,500
up €15,500 (+63.3%), from €24,500 to €40,000
- Stocks and contracts -€6,202
down €6,202 (-17.5%), from €35,378 to €29,176
- Deferred charges and accrued income +€6,026
up €6,026 (+58.0%), from €10,391 to €16,417
- Short-term financial debts -€52,120
down €52,120 (-94.4%), from €55,240 to €3,120
- Trade debts -€42,149
down €42,149 (-40.1%), from €105,001 to €62,852
- Accrued charges and deferred income +€38,000
up €38,000, from €0 to €38,000
- Profit (loss) carried forward -€25,062
down €25,062 (-25.6%), from €97,756 to €72,694
- Current portion of long-term debt -€14,795
down €14,795 (-50.2%), from €29,446 to €14,651
- Gross operating margin -€14,929
down €14,929 (-15.9%), from €93,613 to €78,684
- Staff costs +€9,321
up €9,321 (+1935.9%), from €481 to €9,802
- Taxes -€7,846
down €7,846 (-47.6%), from €16,470 to €8,623
- Depreciation -€4,871
down €4,871 (-13.0%), from €37,334 to €32,463
- Financial charges +€1,190
up €1,190 (+13.5%), from €8,794 to €9,985
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 | €383,632 | €280,532 | -€103,099 | -26.9% |
| Fixed assets | 21/28 | €155,631 | €125,942 | -€29,689 | -19.1% |
| Tangible fixed assets | 22/27 | €152,905 | €123,216 | -€29,689 | -19.4% |
| Plant, machinery and equipment | 23 | €10,555 | €5,582 | -€4,973 | -47.1% |
| Furniture and vehicles | 24 | €31,636 | €15,576 | -€16,060 | -50.8% |
| Leasing and similar rights | 25 | €24,851 | €21,885 | -€2,966 | -11.9% |
| Other tangible fixed assets | 26 | €85,863 | €80,174 | -€5,689 | -6.6% |
| Financial fixed assets | 28 | €2,726 | €2,726 | = | 0.0% |
| Current assets | 29/58 | €228,001 | €154,590 | -€73,411 | -32.2% |
| Amounts receivable after more than one year | 29 | €24,500 | €40,000 | +€15,500 | +63.3% |
| Other amounts receivable | 291 | €24,500 | €40,000 | +€15,500 | +63.3% |
| Stocks and contracts in progress | 3 | €35,378 | €29,176 | -€6,202 | -17.5% |
| Stocks | 30/36 | €35,378 | €29,176 | -€6,202 | -17.5% |
| Amounts receivable within one year | 40/41 | €106,906 | €15,723 | -€91,183 | -85.3% |
| Trade receivables | 40 | €102,500 | €14,812 | -€87,687 | -85.5% |
| Other amounts receivable | 41 | €4,406 | €910 | -€3,495 | -79.3% |
| Cash at bank and in hand | 54/58 | €50,826 | €53,274 | +€2,448 | +4.8% |
| Deferred charges and accrued income | 490/1 | €10,391 | €16,417 | +€6,026 | +58.0% |
| Total equity and liabilities | 10/49 | €383,632 | €280,532 | -€103,099 | -26.9% |
| Equity | 10/15 | €116,356 | €91,294 | -€25,062 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,756 | €72,694 | -€25,062 | -25.6% |
| Amounts payable | 17/49 | €267,275 | €189,238 | -€78,037 | -29.2% |
| Amounts payable after more than one year | 17 | €69,882 | €55,232 | -€14,651 | -21.0% |
| Financial debts | 170/4 | €69,882 | €55,232 | -€14,651 | -21.0% |
| Amounts payable within one year | 42/48 | €197,393 | €96,006 | -€101,387 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €29,446 | €14,651 | -€14,795 | -50.2% |
| Financial debts | 43 | €55,240 | €3,120 | -€52,120 | -94.4% |
| Credit institutions | 430/8 | €55,240 | €3,120 | -€52,120 | -94.4% |
| Trade debts | 44 | €105,001 | €62,852 | -€42,149 | -40.1% |
| Suppliers | 440/4 | €105,001 | €62,852 | -€42,149 | -40.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,553 | €9,924 | +€2,371 | +31.4% |
| Taxes | 450/3 | €7,553 | €8,154 | +€601 | +8.0% |
| Remuneration and social security | 454/9 | - | €1,770 | +€1,770 | |
| Other amounts payable | 47/48 | €154 | €5,460 | +€5,306 | +3455.1% |
| Accrued charges and deferred income | 492/3 | €0 | €38,000 | +€38,000 | |
| Non-recurring operating income | 76A | €9,813 | €0 | -€9,813 | -100.0% |
| Remuneration, social security and pensions | 62 | €481 | €9,802 | +€9,321 | +1935.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,334 | €32,463 | -€4,871 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€510 | -€510 | |
| Other operating charges | 640/8 | €1,482 | €1,687 | +€205 | +13.8% |
| Non-recurring operating charges | 66A | €1,427 | €7,443 | +€6,017 | +421.8% |
| Gross operating margin | 9900 | €93,613 | €78,684 | -€14,929 | -15.9% |
| Operating profit (loss) | 9901 | €52,889 | €27,798 | -€25,091 | -47.4% |
| Financial income | 75/76B | €1,185 | €1,042 | -€142 | -12.0% |
| Recurring financial income | 75 | €1,185 | €1,042 | -€142 | -12.0% |
| Financial charges | 65/66B | €8,794 | €9,985 | +€1,190 | +13.5% |
| Recurring financial charges | 65 | €8,794 | €9,985 | +€1,190 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €45,279 | €18,856 | -€26,423 | -58.4% |
| Income taxes | 67/77 | €16,470 | €8,623 | -€7,846 | -47.6% |
| Profit (loss) for the period | 9904 | €28,809 | €10,232 | -€18,577 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,809 | €10,232 | -€18,577 | -64.5% |
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 6 October 2026 via checked.be.