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ISSO IP CONSTRUCT: 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.

What changed

ISSO IP CONSTRUCT

BE 0798.283.571
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,072
2024 · €52,406-€38,334
Equity
€69,478
2024 · €55,406+€14,072
Cash
€49,223
2024 · €39,687+€9,535
Balance sheet total
€117,159
2024 · €86,995+€30,164

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€25,435

    up €25,435 (+85.0%), from €29,921 to €55,356

    of which Trade receivables: +€23,185

  • Cash +€9,535

    up €9,535 (+24.0%), from €39,687 to €49,223

    mainly Trade debts (+€25,522) and Net result for the year (+€14,072)

  • Tangible fixed assets -€4,639

    down €4,639 (-28.6%), from €16,237 to €11,599

    of which Furniture and vehicles: -€4,515

Equity and liabilities
  • Trade debts +€25,522

    up €25,522 (+141.3%), from €18,061 to €43,583

  • Profit (loss) carried forward +€14,072

    up €14,072 (+26.9%), from €52,406 to €66,478

  • Tax, wage and social debts -€9,431

    down €9,431 (-70.5%), from €13,378 to €3,948

Income statement
  • Gross operating margin -€45,707

    down €45,707 (-65.7%), from €69,581 to €23,874

  • Taxes -€9,431

    down €9,431 (-70.5%), from €13,378 to €3,948

  • Depreciation +€2,684

    up €2,684 (+137.3%), from €1,955 to €4,639

  • Financial income +€896

    new in 2025: €896

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €52,406
Gross operating margin -€45,707
Staff costs -€616
Depreciation -€2,684
Other operating charges +€454
Financial income +€896
Financial charges -€108
Taxes +€9,431
Result 2025 €14,072

Cash bridge derived

cash 2024 to 2025

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.

From operations +€9,535
Investment €0
Financing €0
Cash 2024 €39,687
Net result for the year +€14,072
Depreciation +€4,639
Receivables within one year -€25,435
Deferred charges and accrued income +€168
Trade debts +€25,522
Tax, wage and social debts -€9,431
Cash 2025 €49,223
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €86,995 €117,159 +€30,164 +34.7%
Fixed assets 21/28 €16,237 €11,599 -€4,639 -28.6%
Tangible fixed assets 22/27 €16,237 €11,599 -€4,639 -28.6%
Plant, machinery and equipment 23 €492 €369 -€124 -25.1%
Furniture and vehicles 24 €15,745 €11,230 -€4,515 -28.7%
Current assets 29/58 €70,758 €105,560 +€34,802 +49.2%
Amounts receivable within one year 40/41 €29,921 €55,356 +€25,435 +85.0%
Trade receivables 40 €14,930 €38,115 +€23,185 +155.3%
Other amounts receivable 41 €14,991 €17,241 +€2,250 +15.0%
Cash at bank and in hand 54/58 €39,687 €49,223 +€9,535 +24.0%
Deferred charges and accrued income 490/1 €1,150 €982 -€168 -14.6%
Total equity and liabilities 10/49 €86,995 €117,159 +€30,164 +34.7%
Equity 10/15 €55,406 €69,478 +€14,072 +25.4%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €52,406 €66,478 +€14,072 +26.9%
Amounts payable 17/49 €31,589 €47,681 +€16,092 +50.9%
Amounts payable within one year 42/48 €31,589 €47,681 +€16,092 +50.9%
Trade debts 44 €18,061 €43,583 +€25,522 +141.3%
Suppliers 440/4 €18,061 €43,583 +€25,522 +141.3%
Taxes, remuneration and social security 45 €13,378 €3,948 -€9,431 -70.5%
Taxes 450/3 €13,378 €3,948 -€9,431 -70.5%
Other amounts payable 47/48 €150 €150 = 0.0%
Remuneration, social security and pensions 62 €237 €853 +€616 +259.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,955 €4,639 +€2,684 +137.3%
Other operating charges 640/8 €1,482 €1,028 -€454 -30.6%
Gross operating margin 9900 €69,581 €23,874 -€45,707 -65.7%
Operating profit (loss) 9901 €65,906 €17,354 -€48,552 -73.7%
Financial income 75/76B - €896 +€896
Recurring financial income 75 - €896 +€896
Financial charges 65/66B €122 €230 +€108 +88.9%
Recurring financial charges 65 €122 €230 +€108 +88.9%
Profit (loss) for the period before taxes 9903 €65,784 €18,020 -€47,765 -72.6%
Income taxes 67/77 €13,378 €3,948 -€9,431 -70.5%
Profit (loss) for the period 9904 €52,406 €14,072 -€38,334 -73.1%
Profit (loss) for the period to be appropriated 9905 €52,406 €14,072 -€38,334 -73.1%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.