ISOTHO: 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.
ISOTHO
Largest movements
- Receivables within one year +€770,132
up €770,132 (+267.6%), from €287,794 to €1.1m
of which Other amounts receivable: +€676,344
- Tangible fixed assets -€63,735
down €63,735 (-4.6%), from €1.4m to €1.3m
of which Land and buildings: -€67,186
- Other debts +€772,621
up €772,621 (+74.3%), from €1.0m to €1.8m
- Trade debts -€47,747
down €47,747 (-82.6%), from €57,812 to €10,065
- Debts after one year -€43,758
down €43,758 (-79.9%), from €54,750 to €10,992
- Reserves +€36,643
up €36,643 (+7.8%), from €471,384 to €508,027
of which Distributable reserves: +€36,643
- Depreciation -€19,589
down €19,589 (-18.6%), from €105,428 to €85,840
- Gross operating margin -€19,108
down €19,108 (-9.6%), from €199,555 to €180,447
- Write-downs -€4,835
down €4,835, from €1,711 to -€3,124
- Other operating charges +€3,450
up €3,450 (+11.8%), from €29,236 to €32,686
- Financial income +€2,407
up €2,407 (+11.4%), from €21,154 to €23,561
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 | €1,743,284 | €2,470,456 | +€727,172 | +41.7% |
| Fixed assets | 21/28 | €1,381,943 | €1,318,209 | -€63,735 | -4.6% |
| Tangible fixed assets | 22/27 | €1,381,943 | €1,318,209 | -€63,735 | -4.6% |
| Land and buildings | 22 | €1,283,855 | €1,216,669 | -€67,186 | -5.2% |
| Plant, machinery and equipment | 23 | €8,836 | €7,869 | -€968 | -10.9% |
| Furniture and vehicles | 24 | €89,252 | €93,671 | +€4,419 | +5.0% |
| Current assets | 29/58 | €361,341 | €1,152,248 | +€790,907 | +218.9% |
| Amounts receivable within one year | 40/41 | €287,794 | €1,057,926 | +€770,132 | +267.6% |
| Trade receivables | 40 | €259,000 | €352,788 | +€93,788 | +36.2% |
| Other amounts receivable | 41 | €28,794 | €705,138 | +€676,344 | +2348.9% |
| Cash at bank and in hand | 54/58 | €69,612 | €90,250 | +€20,638 | +29.6% |
| Deferred charges and accrued income | 490/1 | €3,935 | €4,072 | +€137 | +3.5% |
| Total equity and liabilities | 10/49 | €1,743,284 | €2,470,456 | +€727,172 | +41.7% |
| Equity | 10/15 | €533,384 | €570,027 | +€36,643 | +6.9% |
| 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 | €471,384 | €508,027 | +€36,643 | +7.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €465,184 | €501,827 | +€36,643 | +7.9% |
| Amounts payable | 17/49 | €1,209,900 | €1,900,429 | +€690,529 | +57.1% |
| Amounts payable after more than one year | 17 | €54,750 | €10,992 | -€43,758 | -79.9% |
| Financial debts | 170/4 | €54,750 | €10,992 | -€43,758 | -79.9% |
| Amounts payable within one year | 42/48 | €1,140,954 | €1,874,916 | +€733,962 | +64.3% |
| Current portion of amounts payable after more than one year | 42 | €43,427 | €43,758 | +€331 | +0.8% |
| Trade debts | 44 | €57,812 | €10,065 | -€47,747 | -82.6% |
| Suppliers | 440/4 | €57,812 | €10,065 | -€47,747 | -82.6% |
| Taxes, remuneration and social security | 45 | €0 | €8,757 | +€8,757 | |
| Taxes | 450/3 | €0 | €8,757 | +€8,757 | |
| Other amounts payable | 47/48 | €1,039,715 | €1,812,336 | +€772,621 | +74.3% |
| Accrued charges and deferred income | 492/3 | €14,196 | €14,522 | +€325 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,428 | €85,840 | -€19,589 | -18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,711 | -€3,124 | -€4,835 | |
| Other operating charges | 640/8 | €29,236 | €32,686 | +€3,450 | +11.8% |
| Gross operating margin | 9900 | €199,555 | €180,447 | -€19,108 | -9.6% |
| Operating profit (loss) | 9901 | €63,180 | €65,046 | +€1,866 | +3.0% |
| Financial income | 75/76B | €21,154 | €23,561 | +€2,407 | +11.4% |
| Recurring financial income | 75 | €21,154 | €23,561 | +€2,407 | +11.4% |
| Financial charges | 65/66B | €39,925 | €39,613 | -€312 | -0.8% |
| Recurring financial charges | 65 | €39,925 | €39,613 | -€312 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €44,409 | €48,994 | +€4,585 | +10.3% |
| Income taxes | 67/77 | €11,102 | €12,351 | +€1,249 | +11.2% |
| Profit (loss) for the period | 9904 | €33,307 | €36,643 | +€3,336 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,307 | €36,643 | +€3,336 | +10.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.