ISOTIME: 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.
ISOTIME
Largest movements
- Receivables within one year +€17,305
up €17,305 (+27.4%), from €63,178 to €80,482
of which Trade receivables: +€16,152
- Tangible fixed assets -€11,939
down €11,939 (-7.7%), from €154,389 to €142,450
of which Land and buildings: -€10,214
- Cash +€4,455
up €4,455 (+6.9%), from €64,973 to €69,428
mainly Other debts (+€79,662) and Net result for the year (+€22,687)
- Other debts +€79,662
up €79,662 (+16,227%), from €491 to €80,153
- Reserves -€57,466
down €57,466 (-24.7%), from €232,815 to €175,349
- Debts after one year -€13,904
down €13,904 (-100%), from €13,904 to €0
- Current portion of long-term debt -€11,358
down €11,358 (-45.0%), from €25,262 to €13,904
- Tax, wage and social debts +€8,429
up €8,429 (+224%), from €3,758 to €12,187
- Gross operating margin +€21,322
up €21,322 (+76.2%), from €27,993 to €49,314
- Taxes +€7,920
up €7,920 (+154%), from €5,126 to €13,046
- Depreciation -€6,740
down €6,740 (-36.1%), from €18,679 to €11,939
- Financial charges -€1,149
down €1,149 (-37.5%), from €3,067 to €1,918
- Financial income -€1,024
down €1,024 (-24.4%), from €4,202 to €3,179
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 | €301,116 | €308,071 | +€6,956 | +2.3% |
| Fixed assets | 21/28 | €154,389 | €142,450 | -€11,939 | -7.7% |
| Tangible fixed assets | 22/27 | €154,389 | €142,450 | -€11,939 | -7.7% |
| Land and buildings | 22 | €141,047 | €130,833 | -€10,214 | -7.2% |
| Plant, machinery and equipment | 23 | €3,563 | €2,148 | -€1,415 | -39.7% |
| Furniture and vehicles | 24 | €9,779 | €9,469 | -€309 | -3.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €146,727 | €165,621 | +€18,894 | +12.9% |
| Stocks and contracts in progress | 3 | €18,576 | €15,711 | -€2,865 | -15.4% |
| Stocks | 30/36 | €18,576 | €15,711 | -€2,865 | -15.4% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €63,178 | €80,482 | +€17,305 | +27.4% |
| Trade receivables | 40 | €57,424 | €73,576 | +€16,152 | +28.1% |
| Other amounts receivable | 41 | €5,754 | €6,906 | +€1,153 | +20.0% |
| Cash at bank and in hand | 54/58 | €64,973 | €69,428 | +€4,455 | +6.9% |
| Total equity and liabilities | 10/49 | €301,116 | €308,071 | +€6,956 | +2.3% |
| Equity | 10/15 | €251,415 | €193,949 | -€57,466 | -22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,815 | €175,349 | -€57,466 | -24.7% |
| Distributable reserves | 133 | €232,815 | €175,349 | -€57,466 | -24.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,701 | €114,123 | +€64,422 | +130% |
| Amounts payable after more than one year | 17 | €13,904 | €0 | -€13,904 | -100% |
| Financial debts | 170/4 | €13,904 | €0 | -€13,904 | -100% |
| Amounts payable within one year | 42/48 | €35,798 | €114,123 | +€78,325 | +219% |
| Current portion of amounts payable after more than one year | 42 | €25,262 | €13,904 | -€11,358 | -45.0% |
| Trade debts | 44 | €6,287 | €7,879 | +€1,592 | +25.3% |
| Suppliers | 440/4 | €6,287 | €7,879 | +€1,592 | +25.3% |
| Taxes, remuneration and social security | 45 | €3,758 | €12,187 | +€8,429 | +224% |
| Taxes | 450/3 | €3,758 | €12,187 | +€8,429 | +224% |
| Other amounts payable | 47/48 | €491 | €80,153 | +€79,662 | +16,227% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,679 | €11,939 | -€6,740 | -36.1% |
| Other operating charges | 640/8 | €3,118 | €2,904 | -€214 | -6.9% |
| Gross operating margin | 9900 | €27,993 | €49,314 | +€21,322 | +76.2% |
| Operating profit (loss) | 9901 | €6,196 | €34,472 | +€28,276 | +456% |
| Financial income | 75/76B | €4,202 | €3,179 | -€1,024 | -24.4% |
| Recurring financial income | 75 | €4,202 | €3,179 | -€1,024 | -24.4% |
| Financial charges | 65/66B | €3,067 | €1,918 | -€1,149 | -37.5% |
| Recurring financial charges | 65 | €3,067 | €1,918 | -€1,149 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €7,331 | €35,733 | +€28,401 | +387% |
| Income taxes | 67/77 | €5,126 | €13,046 | +€7,920 | +154% |
| Profit (loss) for the period | 9904 | €2,205 | €22,687 | +€20,482 | +929% |
| Profit (loss) for the period to be appropriated | 9905 | €2,205 | €22,687 | +€20,482 | +929% |
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 14 October 2026 via checked.be.