ISOWATT Solutions: 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.
ISOWATT Solutions
Largest movements
- Tangible fixed assets +€3,165
up €3,165 (+588%), from €538 to €3,703
- Current assets +€1,738
up €1,738 (+48.6%), from €3,574 to €5,312
of which Deferred charges and accrued income: +€1,694
- Debts within one year +€13,865
up €13,865 (+62.4%), from €22,213 to €36,078
of which Other debts: +€31,445
- Equity -€8,962
down €8,962 (-49.5%), from -€18,101 to -€27,063
of which Profit (loss) carried forward: -€8,962
- Gross operating margin -€7,158
down €7,158 (-1,788%), from -€400 to -€7,558
- Financial charges +€464
new in 2022: €464
- Depreciation +€296
up €296 (+55.0%), from €538 to €834
- Other operating charges +€107
new in 2022: €107
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,112 | €9,015 | +€4,903 | +119% |
| Fixed assets | 21/28 | €538 | €3,703 | +€3,165 | +588% |
| Tangible fixed assets | 22/27 | €538 | €3,703 | +€3,165 | +588% |
| Furniture and vehicles | 24 | - | €3,703 | +€3,703 | |
| Current assets | 29/58 | €3,574 | €5,312 | +€1,738 | +48.6% |
| Amounts receivable within one year | 40/41 | €943 | €2,129 | +€1,186 | +126% |
| Other amounts receivable | 41 | - | €2,129 | +€2,129 | |
| Cash at bank and in hand | 54/58 | €1,765 | €1,489 | -€277 | -15.7% |
| Deferred charges and accrued income | 490/1 | - | €1,694 | +€1,694 | |
| Total equity and liabilities | 10/49 | €4,112 | €9,015 | +€4,903 | +119% |
| Equity | 10/15 | -€18,101 | -€27,063 | -€8,962 | -49.5% |
| Contributions | 10/11 | - | €50,000 | +€50,000 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Reserves not available under the articles | 1311 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€69,101 | -€78,063 | -€8,962 | -13.0% |
| Amounts payable | 17/49 | €22,213 | €36,078 | +€13,865 | +62.4% |
| Amounts payable within one year | 42/48 | €22,213 | €36,078 | +€13,865 | +62.4% |
| Trade debts | 44 | €5,018 | €4,633 | -€385 | -7.7% |
| Suppliers | 440/4 | - | €4,633 | +€4,633 | |
| Other amounts payable | 47/48 | - | €31,445 | +€31,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €834 | +€296 | +55.0% |
| Other operating charges | 640/8 | - | €107 | +€107 | |
| Gross operating margin | 9900 | -€400 | -€7,558 | -€7,158 | -1,788% |
| Operating profit (loss) | 9901 | -€1,496 | -€8,499 | -€7,003 | -468% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €464 | +€464 | |
| Recurring financial charges | 65 | €407 | €464 | +€57 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,903 | -€8,962 | -€7,059 | -371% |
| Profit (loss) for the period | 9904 | -€1,903 | -€8,962 | -€7,059 | -371% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,903 | -€8,962 | -€7,059 | -371% |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.