ISOPROC: what changed
What changed
ISOPROC
NACE 43.230, Insulation installation
filed annual accounts (NBB)
Net result for the year
€675,723
2024 · €456,239+€219,484
Equity
€4.2m
2024 · €4.1m+€11,475
Cash
€1.8m
2024 · €298,698+€1.5m
Balance sheet total
€7.6m
2024 · €7.4m+€204,093
Largest movements
Assets
- Cash +€1.5m
up €1.5m (+504%), from €298,698 to €1.8m
mainly Current investments (+€1.3m) and Net result for the year (+€675,723)
- Current investments -€1.3m
no longer reported in 2025 (was €1.3m)
- Intangible fixed assets +€195,500
up €195,500 (+102%), from €191,438 to €386,939
- Deferred charges and accrued income -€161,060
down €161,060 (-94.9%), from €169,636 to €8,576
Equity and liabilities
- Trade debts +€292,848
up €292,848 (+694%), from €42,223 to €335,071
- Other debts +€250,868
up €250,868 (+61.2%), from €409,831 to €660,698
- Debts after one year -€216,868
down €216,868 (-11.5%), from €1.9m to €1.7m
- Tax, wage and social debts -€113,310
down €113,310 (-18.3%), from €617,975 to €504,665
of which Taxes: -€91,294
Income statement
- Turnover +€663,140
up €663,140 (+5.1%), from €12.9m to €13.5m
- Goods and materials +€296,990
up €296,990 (+3.1%), from €9.4m to €9.7m
of which Purchases: +€290,468
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.
Result 2024
€456,239
Turnover
+€663,140
Other operating income
-€70,579
Goods and materials
-€296,990
Services and other goods
-€36,447
Staff costs
-€16,294
Depreciation
-€56,133
Write-downs
-€103,142
Other operating charges
+€89,340
Other operating items
+€173,220
Financial income
+€9,130
Financial charges
-€837
Taxes
-€134,925
Result 2025
€675,723
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
+€675,509
Financing
-€877,731
Cash 2024
€298,698
From operations (derived)
+€1.7m
Net result for the year
+€675,723
Depreciation
+€455,982
Stocks and contracts
-€27,626
Receivables within one year
+€36,835
Deferred charges and accrued income
+€161,060
Trade debts
+€292,848
Tax, wage and social debts
-€113,310
Other debts
+€250,868
Accrued charges and deferred income
-€24,304
Investment (derived)
+€675,509
Investment in fixed assets (net)
-€634,491
Current investments
+€1.3m
Financing
-€877,731
Debts after one year
-€216,868
Current portion of long-term debt
+€3,385
Contributions, distributions and other
-€664,248
Cash 2025
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,376,401 | €7,580,494 | +€204,093 | +2.8% |
| Fixed assets | 21/28 | €4,396,805 | €4,575,315 | +€178,510 | +4.1% |
| Intangible fixed assets | 21 | €191,438 | €386,939 | +€195,500 | +102% |
| Tangible fixed assets | 22/27 | €3,619,074 | €3,602,084 | -€16,991 | -0.5% |
| Land and buildings | 22 | €3,194,066 | €3,000,084 | -€193,982 | -6.1% |
| Plant, machinery and equipment | 23 | €247,739 | €246,163 | -€1,576 | -0.6% |
| Furniture and vehicles | 24 | €177,270 | €355,837 | +€178,568 | +101% |
| Financial fixed assets | 28 | €586,293 | €586,293 | = | 0.0% |
| Affiliated companies | 280/1 | €579,915 | €579,915 | = | 0.0% |
| Participating interests | 280 | €579,915 | €579,915 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,378 | €6,378 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,378 | €6,378 | = | 0.0% |
| Current assets | 29/58 | €2,979,596 | €3,005,179 | +€25,583 | +0.9% |
| Stocks and contracts in progress | 3 | €184,360 | €211,986 | +€27,626 | +15.0% |
| Stocks | 30/36 | €184,360 | €211,986 | +€27,626 | +15.0% |
| Goods purchased for resale | 34 | €184,360 | €211,986 | +€27,626 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,016,902 | €980,067 | -€36,835 | -3.6% |
| Trade receivables | 40 | €721,070 | €693,745 | -€27,325 | -3.8% |
| Other amounts receivable | 41 | €295,832 | €286,322 | -€9,510 | -3.2% |
| Current investments | 50/53 | €1,310,000 | - | -€1.3m | |
| Other investments | 51/53 | €1,310,000 | - | -€1.3m | |
| Cash at bank and in hand | 54/58 | €298,698 | €1,804,550 | +€1.5m | +504% |
| Deferred charges and accrued income | 490/1 | €169,636 | €8,576 | -€161,060 | -94.9% |
| Total equity and liabilities | 10/49 | €7,376,401 | €7,580,494 | +€204,093 | +2.8% |
| Equity | 10/15 | €4,144,324 | €4,155,799 | +€11,475 | +0.3% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Contributions outside capital | 11 | €80,000 | - | -€80,000 | |
| Other | 1109/19 | €80,000 | - | -€80,000 | |
| Reserves | 13 | €26,750 | €26,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,000 | - | -€8,000 | |
| Reserves not available under the articles | 1311 | €8,000 | - | -€8,000 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €8,000 | +€8,000 | |
| Profit (loss) carried forward | 14 | €3,784,551 | €3,812,526 | +€27,975 | +0.7% |
| Investment grants | 15 | €253,023 | €236,523 | -€16,500 | -6.5% |
| Amounts payable | 17/49 | €3,232,078 | €3,424,696 | +€192,618 | +6.0% |
| Amounts payable after more than one year | 17 | €1,893,949 | €1,677,081 | -€216,868 | -11.5% |
| Financial debts | 170/4 | €1,893,949 | €1,677,081 | -€216,868 | -11.5% |
| Credit institutions | 173 | €1,893,949 | €1,677,081 | -€216,868 | -11.5% |
| Amounts payable within one year | 42/48 | €1,283,511 | €1,717,302 | +€433,790 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €213,483 | €216,868 | +€3,385 | +1.6% |
| Trade debts | 44 | €42,223 | €335,071 | +€292,848 | +694% |
| Suppliers | 440/4 | €42,223 | €335,071 | +€292,848 | +694% |
| Taxes, remuneration and social security | 45 | €617,975 | €504,665 | -€113,310 | -18.3% |
| Taxes | 450/3 | €261,612 | €170,318 | -€91,294 | -34.9% |
| Remuneration and social security | 454/9 | €356,362 | €334,346 | -€22,016 | -6.2% |
| Other amounts payable | 47/48 | €409,831 | €660,698 | +€250,868 | +61.2% |
| Accrued charges and deferred income | 492/3 | €54,618 | €30,313 | -€24,304 | -44.5% |
| Operating income | 70/76A | €13,568,497 | €14,334,278 | +€765,781 | +5.6% |
| Turnover | 70 | €12,886,236 | €13,549,375 | +€663,140 | +5.1% |
| Own construction capitalised | 72 | - | €173,220 | +€173,220 | |
| Other operating income | 74 | €682,261 | €611,682 | -€70,579 | -10.3% |
| Operating charges | 60/66A | €13,043,080 | €13,462,745 | +€419,665 | +3.2% |
| Goods for resale, raw materials and consumables | 60 | €9,438,624 | €9,735,614 | +€296,990 | +3.1% |
| Purchases | 600/8 | €9,472,772 | €9,763,240 | +€290,468 | +3.1% |
| Change in stocks: decrease (increase) | 609 | -€34,148 | -€27,626 | +€6,522 | +19.1% |
| Services and other goods | 61 | €1,241,840 | €1,278,287 | +€36,447 | +2.9% |
| Remuneration, social security and pensions | 62 | €1,887,408 | €1,903,702 | +€16,294 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399,849 | €455,982 | +€56,133 | +14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€55,081 | €48,061 | +€103,142 | |
| Other operating charges | 640/8 | €130,440 | €41,100 | -€89,340 | -68.5% |
| Operating profit (loss) | 9901 | €525,417 | €871,532 | +€346,116 | +65.9% |
| Financial income | 75/76B | €268,891 | €278,021 | +€9,130 | +3.4% |
| Recurring financial income | 75 | €268,891 | €278,021 | +€9,130 | +3.4% |
| Income from current assets | 751 | €29,913 | €31,091 | +€1,178 | +3.9% |
| Other financial income | 752/9 | €238,977 | €246,930 | +€7,952 | +3.3% |
| Financial charges | 65/66B | €244,057 | €244,895 | +€837 | +0.3% |
| Recurring financial charges | 65 | €244,057 | €244,895 | +€837 | +0.3% |
| Debt charges | 650 | €59,889 | €55,696 | -€4,193 | -7.0% |
| Other financial charges | 652/9 | €184,169 | €189,199 | +€5,030 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €550,250 | €904,659 | +€354,409 | +64.4% |
| Income taxes | 67/77 | €94,011 | €228,936 | +€134,925 | +144% |
| Taxes | 670/3 | €94,011 | €228,936 | +€134,925 | +144% |
| Profit (loss) for the period | 9904 | €456,239 | €675,723 | +€219,484 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €456,239 | €675,723 | +€219,484 | +48.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.