pro-isol: 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.
What changed
pro-isol
NACE 43.230, Insulation installation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€178,389
2024 · €246,897-€68,508
Equity
€1.3m
2024 · €1.1m+€172,089
Cash
€780,436
2024 · €657,281+€123,155
Balance sheet total
€2.2m
2024 · €2.1m+€171,359
Largest movements
Assets
- Cash +€123,155
up €123,155 (+18.7%), from €657,281 to €780,436
mainly Net result for the year (+€178,389) and Depreciation (+€147,522)
- Tangible fixed assets +€51,021
up €51,021 (+5.7%), from €898,712 to €949,734
of which Furniture and vehicles: +€153,287
Equity and liabilities
- Profit (loss) carried forward +€178,389
up €178,389 (+17.6%), from €1.0m to €1.2m
- Trade debts +€59,500
up €59,500 (+171.8%), from €34,636 to €94,136
- Debts after one year -€42,042
down €42,042 (-9.2%), from €455,160 to €413,118
Income statement
- Gross operating margin -€86,610
down €86,610 (-13.8%), from €626,516 to €539,907
- Taxes -€23,439
down €23,439 (-31.1%), from €75,319 to €51,880
- Financial charges -€13,905
down €13,905 (-62.5%), from €22,248 to €8,344
- Staff costs +€13,072
up €13,072 (+8.5%), from €153,662 to €166,734
- Depreciation -€7,404
down €7,404 (-4.8%), from €154,926 to €147,522
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.
Result 2024
€246,897
Gross operating margin
-€86,610
Staff costs
-€13,072
Depreciation
+€7,404
Write-downs
-€1,200
Other operating charges
-€1,109
Other operating items
-€6,973
Financial income
-€4,293
Financial charges
+€13,905
Taxes
+€23,439
Result 2025
€178,389
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.
From operations
+€381,957
Investment
-€198,544
Financing
-€60,258
Cash 2024
€657,281
From operations (derived)
+€381,957
Net result for the year
+€178,389
Depreciation
+€147,522
Stocks and contracts
-€10,088
Receivables within one year
+€11,432
Deferred charges and accrued income
+€1,473
Trade debts
+€59,500
Tax, wage and social debts
+€10,614
Other debts
-€16,886
Investment (derived)
-€198,544
Investment in fixed assets (net)
-€198,544
Financing
-€60,258
Debts after one year
-€42,042
Current portion of long-term debt
-€11,917
Contributions, distributions and other
-€6,300
Cash 2025
€780,436
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,069,157 | €2,240,515 | +€171,359 | +8.3% |
| Fixed assets | 21/28 | €900,370 | €951,391 | +€51,021 | +5.7% |
| Tangible fixed assets | 22/27 | €898,712 | €949,734 | +€51,021 | +5.7% |
| Land and buildings | 22 | €582,649 | €537,491 | -€45,158 | -7.8% |
| Plant, machinery and equipment | 23 | €220,308 | €192,414 | -€27,894 | -12.7% |
| Furniture and vehicles | 24 | €66,541 | €219,828 | +€153,287 | +230.4% |
| Leasing and similar rights | 25 | €29,214 | - | -€29,214 | |
| Financial fixed assets | 28 | €1,658 | €1,658 | = | 0.0% |
| Current assets | 29/58 | €1,168,787 | €1,289,124 | +€120,337 | +10.3% |
| Stocks and contracts in progress | 3 | €24,563 | €34,650 | +€10,088 | +41.1% |
| Stocks | 30/36 | €24,563 | €34,650 | +€10,088 | +41.1% |
| Amounts receivable within one year | 40/41 | €421,022 | €409,589 | -€11,432 | -2.7% |
| Trade receivables | 40 | €398,622 | €374,067 | -€24,554 | -6.2% |
| Other amounts receivable | 41 | €22,400 | €35,522 | +€13,122 | +58.6% |
| Current investments | 50/53 | €57,000 | €57,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €657,281 | €780,436 | +€123,155 | +18.7% |
| Deferred charges and accrued income | 490/1 | €8,922 | €7,449 | -€1,473 | -16.5% |
| Total equity and liabilities | 10/49 | €2,069,157 | €2,240,515 | +€171,359 | +8.3% |
| Equity | 10/15 | €1,134,284 | €1,306,373 | +€172,089 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,860 | €58,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,000 | €57,000 | = | 0.0% |
| Own shares acquired | 1312 | €57,000 | €57,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,012,724 | €1,191,113 | +€178,389 | +17.6% |
| Investment grants | 15 | €44,100 | €37,800 | -€6,300 | -14.3% |
| Amounts payable | 17/49 | €934,873 | €934,143 | -€730 | -0.1% |
| Amounts payable after more than one year | 17 | €455,160 | €413,118 | -€42,042 | -9.2% |
| Financial debts | 170/4 | €455,160 | €413,118 | -€42,042 | -9.2% |
| Amounts payable within one year | 42/48 | €479,713 | €521,025 | +€41,312 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €84,565 | €72,649 | -€11,917 | -14.1% |
| Trade debts | 44 | €34,636 | €94,136 | +€59,500 | +171.8% |
| Suppliers | 440/4 | €34,636 | €94,136 | +€59,500 | +171.8% |
| Taxes, remuneration and social security | 45 | €30,505 | €41,120 | +€10,614 | +34.8% |
| Taxes | 450/3 | €11,466 | €13,111 | +€1,645 | +14.4% |
| Remuneration and social security | 454/9 | €19,040 | €28,008 | +€8,969 | +47.1% |
| Other amounts payable | 47/48 | €330,006 | €313,120 | -€16,886 | -5.1% |
| Non-recurring operating income | 76A | €7,710 | €12,752 | +€5,042 | +65.4% |
| Remuneration, social security and pensions | 62 | €153,662 | €166,734 | +€13,072 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,926 | €147,522 | -€7,404 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,200 | +€1,200 | |
| Other operating charges | 640/8 | €5,896 | €7,005 | +€1,109 | +18.8% |
| Non-recurring operating charges | 66A | - | €6,973 | +€6,973 | |
| Gross operating margin | 9900 | €626,516 | €539,907 | -€86,610 | -13.8% |
| Operating profit (loss) | 9901 | €312,032 | €210,473 | -€101,559 | -32.5% |
| Financial income | 75/76B | €32,432 | €28,139 | -€4,293 | -13.2% |
| Recurring financial income | 75 | €32,432 | €28,139 | -€4,293 | -13.2% |
| Financial charges | 65/66B | €22,248 | €8,344 | -€13,905 | -62.5% |
| Recurring financial charges | 65 | €22,248 | €8,344 | -€13,905 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €322,216 | €230,269 | -€91,947 | -28.5% |
| Income taxes | 67/77 | €75,319 | €51,880 | -€23,439 | -31.1% |
| Profit (loss) for the period | 9904 | €246,897 | €178,389 | -€68,508 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €246,897 | €178,389 | -€68,508 | -27.7% |
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 11 October 2026 via checked.be.