ISOTECH: 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.
ISOTECH
Largest movements
- Tangible fixed assets -€121,782
down €121,782 (-4.5%), from €2.7m to €2.6m
of which Leasing and similar rights: -€113,863
- Receivables after one year -€97,288
down €97,288 (-100%), from €97,288 to €0
- Cash -€42,602
down €42,602 (-6.5%), from €656,033 to €613,431
mainly Debts after one year (-€196,090) and Contributions, distributions and other (-€150,000)
- Debts after one year -€196,090
down €196,090 (-12.9%), from €1.5m to €1.3m
- Other debts -€97,288
down €97,288 (-39.3%), from €247,453 to €150,165
- Accrued charges and deferred income -€71,761
down €71,761 (-5.1%), from €1.4m to €1.3m
- Reserves +€49,619
up €49,619 (+50.5%), from €98,272 to €147,891
of which Distributable reserves: +€49,619
- Gross operating margin -€95,336
down €95,336 (-11.9%), from €801,071 to €705,735
- Taxes -€21,651
down €21,651 (-23.8%), from €91,082 to €69,431
- Financial charges -€9,260
down €9,260 (-20.8%), from €44,421 to €35,161
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.
Derived cash bridge
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 | €3,774,278 | €3,473,591 | -€300,687 | -8.0% |
| Fixed assets | 21/28 | €2,703,993 | €2,582,211 | -€121,782 | -4.5% |
| Tangible fixed assets | 22/27 | €2,703,993 | €2,582,211 | -€121,782 | -4.5% |
| Plant, machinery and equipment | 23 | €30,714 | €24,714 | -€6,000 | -19.5% |
| Furniture and vehicles | 24 | €835 | €0 | -€835 | -100% |
| Leasing and similar rights | 25 | €2,319,873 | €2,206,010 | -€113,863 | -4.9% |
| Other tangible fixed assets | 26 | €352,571 | €351,487 | -€1,083 | -0.3% |
| Current assets | 29/58 | €1,070,285 | €891,380 | -€178,905 | -16.7% |
| Amounts receivable after more than one year | 29 | €97,288 | €0 | -€97,288 | -100% |
| Other amounts receivable | 291 | €97,288 | €0 | -€97,288 | -100% |
| Stocks and contracts in progress | 3 | €176,853 | €142,033 | -€34,820 | -19.7% |
| Stocks | 30/36 | €176,853 | €142,033 | -€34,820 | -19.7% |
| Amounts receivable within one year | 40/41 | €133,051 | €130,443 | -€2,608 | -2.0% |
| Trade receivables | 40 | €127,473 | €114,986 | -€12,486 | -9.8% |
| Other amounts receivable | 41 | €5,578 | €15,457 | +€9,879 | +177% |
| Cash at bank and in hand | 54/58 | €656,033 | €613,431 | -€42,602 | -6.5% |
| Deferred charges and accrued income | 490/1 | €7,060 | €5,473 | -€1,587 | -22.5% |
| Total equity and liabilities | 10/49 | €3,774,278 | €3,473,591 | -€300,687 | -8.0% |
| Equity | 10/15 | €348,272 | €397,891 | +€49,619 | +14.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €98,272 | €147,891 | +€49,619 | +50.5% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €17,022 | €66,641 | +€49,619 | +291% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,426,006 | €3,075,700 | -€350,306 | -10.2% |
| Amounts payable after more than one year | 17 | €1,522,959 | €1,326,869 | -€196,090 | -12.9% |
| Financial debts | 170/4 | €1,522,959 | €1,326,869 | -€196,090 | -12.9% |
| Amounts payable within one year | 42/48 | €482,670 | €400,215 | -€82,455 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €191,880 | €196,090 | +€4,210 | +2.2% |
| Trade debts | 44 | €14,030 | €36,856 | +€22,826 | +163% |
| Suppliers | 440/4 | €14,030 | €36,856 | +€22,826 | +163% |
| Taxes, remuneration and social security | 45 | €29,307 | €17,104 | -€12,203 | -41.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €29,307 | €17,104 | -€12,203 | -41.6% |
| Other amounts payable | 47/48 | €247,453 | €150,165 | -€97,288 | -39.3% |
| Accrued charges and deferred income | 492/3 | €1,420,377 | €1,348,616 | -€71,761 | -5.1% |
| Non-recurring operating income | 76A | €69,606 | €69,606 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €244,733 | €242,608 | -€2,124 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,902 | €121,782 | -€2,120 | -1.7% |
| Other operating charges | 640/8 | €36,178 | €37,262 | +€1,084 | +3.0% |
| Gross operating margin | 9900 | €801,071 | €705,735 | -€95,336 | -11.9% |
| Operating profit (loss) | 9901 | €396,258 | €304,083 | -€92,176 | -23.3% |
| Financial income | 75/76B | €3,555 | €128 | -€3,427 | -96.4% |
| Recurring financial income | 75 | €3,555 | €128 | -€3,427 | -96.4% |
| Financial charges | 65/66B | €44,421 | €35,161 | -€9,260 | -20.8% |
| Recurring financial charges | 65 | €44,421 | €35,161 | -€9,260 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €355,392 | €269,050 | -€86,342 | -24.3% |
| Income taxes | 67/77 | €91,082 | €69,431 | -€21,651 | -23.8% |
| Profit (loss) for the period | 9904 | €264,310 | €199,619 | -€64,691 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €264,310 | €199,619 | -€64,691 | -24.5% |
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 17 October 2026 via checked.be.