ISOTECH INDUSTRIES: 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 INDUSTRIES
Largest movements
- Tangible fixed assets +€106,779
up €106,779 (+1,776%), from €6,014 to €112,792
- Receivables within one year +€104,890
up €104,890 (+32.7%), from €320,748 to €425,637
of which Trade receivables: +€117,162
- Trade debts +€164,262
up €164,262 (+169%), from €97,447 to €261,710
- Debts after one year +€69,250
new in 2023: €69,250
- Profit (loss) carried forward -€22,692
down €22,692 (-33.5%), from €67,667 to €44,975
- Current portion of long-term debt +€18,566
new in 2023: €18,566
- Tax, wage and social debts -€12,072
down €12,072 (-8.8%), from €137,362 to €125,290
of which Taxes: -€7,340
- Staff costs -€46,738
down €46,738 (-6.7%), from €701,136 to €654,398
- Other operating charges +€18,158
up €18,158 (+84.0%), from €21,627 to €39,784
- Taxes +€16,107
up €16,107 (+59.2%), from €27,230 to €43,338
- Depreciation +€12,244
up €12,244 (+106%), from €11,552 to €23,796
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,184 | €579,760 | +€215,576 | +59.2% |
| Fixed assets | 21/28 | €9,078 | €115,857 | +€106,779 | +1,176% |
| Tangible fixed assets | 22/27 | €6,014 | €112,792 | +€106,779 | +1,776% |
| Furniture and vehicles | 24 | €6,014 | €112,792 | +€106,779 | +1,776% |
| Financial fixed assets | 28 | €3,065 | €3,065 | = | 0.0% |
| Current assets | 29/58 | €355,106 | €463,903 | +€108,798 | +30.6% |
| Amounts receivable within one year | 40/41 | €320,748 | €425,637 | +€104,890 | +32.7% |
| Trade receivables | 40 | €303,743 | €420,905 | +€117,162 | +38.6% |
| Other amounts receivable | 41 | €17,004 | €4,732 | -€12,272 | -72.2% |
| Cash at bank and in hand | 54/58 | €30,569 | €34,743 | +€4,174 | +13.7% |
| Deferred charges and accrued income | 490/1 | €3,789 | €3,523 | -€266 | -7.0% |
| Total equity and liabilities | 10/49 | €364,184 | €579,760 | +€215,576 | +59.2% |
| Equity | 10/15 | €105,017 | €82,325 | -€22,692 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,667 | €44,975 | -€22,692 | -33.5% |
| Amounts payable | 17/49 | €259,167 | €497,435 | +€238,268 | +91.9% |
| Amounts payable after more than one year | 17 | - | €69,250 | +€69,250 | |
| Financial debts | 170/4 | - | €69,250 | +€69,250 | |
| Amounts payable within one year | 42/48 | €259,167 | €428,185 | +€169,018 | +65.2% |
| Current portion of amounts payable after more than one year | 42 | - | €18,566 | +€18,566 | |
| Financial debts | 43 | €176 | €176 | = | 0.0% |
| Credit institutions | 430/8 | €176 | €176 | = | 0.0% |
| Trade debts | 44 | €97,447 | €261,710 | +€164,262 | +169% |
| Suppliers | 440/4 | €97,447 | €261,710 | +€164,262 | +169% |
| Advances received on contracts in progress | 46 | €21,999 | €21,999 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €137,362 | €125,290 | -€12,072 | -8.8% |
| Taxes | 450/3 | €87,285 | €79,945 | -€7,340 | -8.4% |
| Remuneration and social security | 454/9 | €50,077 | €45,345 | -€4,732 | -9.4% |
| Other amounts payable | 47/48 | €2,182 | €444 | -€1,738 | -79.6% |
| Remuneration, social security and pensions | 62 | €701,136 | €654,398 | -€46,738 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,552 | €23,796 | +€12,244 | +106% |
| Other operating charges | 640/8 | €21,627 | €39,784 | +€18,158 | +84.0% |
| Gross operating margin | 9900 | €824,581 | €831,166 | +€6,586 | +0.8% |
| Operating profit (loss) | 9901 | €90,266 | €113,188 | +€22,923 | +25.4% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €2,787 | €7,576 | +€4,789 | +172% |
| Recurring financial charges | 65 | €2,787 | €7,576 | +€4,789 | +172% |
| Profit (loss) for the period before taxes | 9903 | €87,479 | €105,646 | +€18,167 | +20.8% |
| Income taxes | 67/77 | €27,230 | €43,338 | +€16,107 | +59.2% |
| Profit (loss) for the period | 9904 | €60,249 | €62,308 | +€2,059 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,249 | €62,308 | +€2,059 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.