ISOPRO: 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.
ISOPRO
Largest movements
- Stocks and contracts +€79,447
up €79,447 (+78.2%), from €101,626 to €181,072
of which Contracts in progress: +€100,511
- Cash -€59,912
down €59,912 (-54.5%), from €110,024 to €50,112
mainly Other debts (-€333,642) and Stocks and contracts (-€79,447)
- Tangible fixed assets -€19,359
down €19,359 (-14.6%), from €132,388 to €113,029
of which Other tangible fixed assets: -€10,581
- Receivables within one year -€18,393
down €18,393 (-1.7%), from €1.1m to €1.1m
of which Other amounts receivable: -€298,084
- Other debts -€333,642
down €333,642 (-66.6%), from €501,295 to €167,653
- Advances received +€128,996
up €128,996 (+233.2%), from €55,322 to €184,318
- Trade debts +€89,023
up €89,023 (+30.2%), from €295,162 to €384,185
- Provisions +€75,000
new in 2025: €75,000
- Profit (loss) carried forward +€58,703
up €58,703 (+32.6%), from €180,155 to €238,859
- Gross operating margin -€623,789
down €623,789 (-42.3%), from €1.5m to €849,466
- Taxes -€162,400
down €162,400 (-88.9%), from €182,612 to €20,212
- Provisions +€75,000
new in 2025: €75,000
- Other operating charges -€17,287
down €17,287 (-84.6%), from €20,426 to €3,139
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 | €1,417,994 | €1,400,019 | -€17,975 | -1.3% |
| Fixed assets | 21/28 | €134,306 | €114,947 | -€19,359 | -14.4% |
| Tangible fixed assets | 22/27 | €132,388 | €113,029 | -€19,359 | -14.6% |
| Furniture and vehicles | 24 | €35,133 | €26,354 | -€8,779 | -25.0% |
| Other tangible fixed assets | 26 | €97,255 | €86,675 | -€10,581 | -10.9% |
| Financial fixed assets | 28 | €1,918 | €1,918 | = | 0.0% |
| Current assets | 29/58 | €1,283,688 | €1,285,072 | +€1,384 | +0.1% |
| Stocks and contracts in progress | 3 | €101,626 | €181,072 | +€79,447 | +78.2% |
| Stocks | 30/36 | €52,708 | €31,644 | -€21,064 | -40.0% |
| Contracts in progress | 37 | €48,918 | €149,428 | +€100,511 | +205.5% |
| Amounts receivable within one year | 40/41 | €1,070,722 | €1,052,328 | -€18,393 | -1.7% |
| Trade receivables | 40 | €555,456 | €835,147 | +€279,690 | +50.4% |
| Other amounts receivable | 41 | €515,265 | €217,181 | -€298,084 | -57.9% |
| Current investments | 50/53 | €968 | - | -€968 | |
| Cash at bank and in hand | 54/58 | €110,024 | €50,112 | -€59,912 | -54.5% |
| Deferred charges and accrued income | 490/1 | €348 | €1,559 | +€1,211 | +348.0% |
| Total equity and liabilities | 10/49 | €1,417,994 | €1,400,019 | -€17,975 | -1.3% |
| Equity | 10/15 | €384,595 | €443,299 | +€58,703 | +15.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €142,440 | €142,440 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €136,240 | €136,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,155 | €238,859 | +€58,703 | +32.6% |
| Provisions and deferred taxes | 16 | - | €75,000 | +€75,000 | |
| Provisions for liabilities and charges | 160/5 | - | €75,000 | +€75,000 | |
| Other liabilities and charges | 164/5 | - | €75,000 | +€75,000 | |
| Amounts payable | 17/49 | €1,033,399 | €881,720 | -€151,679 | -14.7% |
| Amounts payable after more than one year | 17 | €94,949 | €79,130 | -€15,819 | -16.7% |
| Financial debts | 170/4 | €94,949 | €79,130 | -€15,819 | -16.7% |
| Amounts payable within one year | 42/48 | €918,200 | €802,590 | -€115,609 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €24,988 | €36,428 | +€11,440 | +45.8% |
| Trade debts | 44 | €295,162 | €384,185 | +€89,023 | +30.2% |
| Suppliers | 440/4 | €295,162 | €384,185 | +€89,023 | +30.2% |
| Advances received on contracts in progress | 46 | €55,322 | €184,318 | +€128,996 | +233.2% |
| Taxes, remuneration and social security | 45 | €41,433 | €30,007 | -€11,427 | -27.6% |
| Taxes | 450/3 | €20,609 | €6,397 | -€14,212 | -69.0% |
| Remuneration and social security | 454/9 | €20,825 | €23,610 | +€2,785 | +13.4% |
| Other amounts payable | 47/48 | €501,295 | €167,653 | -€333,642 | -66.6% |
| Accrued charges and deferred income | 492/3 | €20,250 | - | -€20,250 | |
| Non-recurring operating income | 76A | - | €165 | +€165 | |
| Remuneration, social security and pensions | 62 | €660,867 | €665,262 | +€4,395 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,422 | €19,359 | +€5,937 | +44.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €75,000 | +€75,000 | |
| Other operating charges | 640/8 | €20,426 | €3,139 | -€17,287 | -84.6% |
| Non-recurring operating charges | 66A | €10,000 | €1,800 | -€8,200 | -82.0% |
| Gross operating margin | 9900 | €1,473,255 | €849,466 | -€623,789 | -42.3% |
| Operating profit (loss) | 9901 | €768,540 | €84,906 | -€683,634 | -89.0% |
| Financial income | 75/76B | €566 | €2,376 | +€1,810 | +320.0% |
| Recurring financial income | 75 | €566 | €2,376 | +€1,810 | +320.0% |
| Financial charges | 65/66B | €6,338 | €8,366 | +€2,028 | +32.0% |
| Recurring financial charges | 65 | €6,338 | €6,292 | -€47 | -0.7% |
| Non-recurring financial charges | 66B | - | €2,074 | +€2,074 | |
| Profit (loss) for the period before taxes | 9903 | €762,767 | €78,915 | -€683,852 | -89.7% |
| Income taxes | 67/77 | €182,612 | €20,212 | -€162,400 | -88.9% |
| Profit (loss) for the period | 9904 | €580,155 | €58,703 | -€521,452 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €580,155 | €58,703 | -€521,452 | -89.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.