't Isolateurtje: 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.
't Isolateurtje
Largest movements
- Receivables within one year +€50,577
up €50,577 (+11.3%), from €446,080 to €496,657
of which Other amounts receivable: +€46,110
- Stocks and contracts -€14,951
down €14,951 (-44.9%), from €33,263 to €18,312
of which Stocks: -€9,467
- Cash +€6,730
up €6,730 (+164%), from €4,097 to €10,828
mainly Trade debts (+€36,979) and Stocks and contracts (+€14,951)
- Trade debts +€36,979
up €36,979 (+88.5%), from €41,802 to €78,781
- Debts after one year -€15,066
down €15,066 (-68.0%), from €22,140 to €7,074
- Profit (loss) carried forward +€14,420
up €14,420 (+3.4%), from €423,906 to €438,326
- Current portion of long-term debt -€10,135
down €10,135 (-47.3%), from €21,409 to €11,274
- Tax, wage and social debts +€6,866
up €6,866 (+205%), from €3,346 to €10,212
of which Taxes: +€6,804
- Financial income -€16,558
down €16,558 (-81.0%), from €20,442 to €3,884
- Gross operating margin -€14,238
down €14,238 (-39.5%), from €36,017 to €21,779
- Financial charges -€9,701
down €9,701 (-76.6%), from €12,659 to €2,958
- Taxes -€6,353
down €6,353 (-61.7%), from €10,288 to €3,936
- Other operating charges -€2,840
down €2,840 (-91.0%), from €3,120 to €280
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 | €584,689 | €624,253 | +€39,565 | +6.8% |
| Fixed assets | 21/28 | €101,248 | €98,457 | -€2,791 | -2.8% |
| Tangible fixed assets | 22/27 | €101,248 | €98,457 | -€2,791 | -2.8% |
| Land and buildings | 22 | €100,844 | €97,316 | -€3,528 | -3.5% |
| Plant, machinery and equipment | 23 | €404 | €1,141 | +€737 | +182% |
| Current assets | 29/58 | €483,441 | €525,797 | +€42,356 | +8.8% |
| Stocks and contracts in progress | 3 | €33,263 | €18,312 | -€14,951 | -44.9% |
| Stocks | 30/36 | €15,066 | €5,600 | -€9,467 | -62.8% |
| Contracts in progress | 37 | €18,197 | €12,712 | -€5,485 | -30.1% |
| Amounts receivable within one year | 40/41 | €446,080 | €496,657 | +€50,577 | +11.3% |
| Trade receivables | 40 | €39,505 | €43,972 | +€4,467 | +11.3% |
| Other amounts receivable | 41 | €406,576 | €452,685 | +€46,110 | +11.3% |
| Cash at bank and in hand | 54/58 | €4,097 | €10,828 | +€6,730 | +164% |
| Total equity and liabilities | 10/49 | €584,689 | €624,253 | +€39,565 | +6.8% |
| Equity | 10/15 | €486,027 | €500,447 | +€14,420 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,521 | €43,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,348 | €12,348 | = | 0.0% |
| Distributable reserves | 133 | €29,313 | €29,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €423,906 | €438,326 | +€14,420 | +3.4% |
| Amounts payable | 17/49 | €98,662 | €123,807 | +€25,145 | +25.5% |
| Amounts payable after more than one year | 17 | €22,140 | €7,074 | -€15,066 | -68.0% |
| Financial debts | 170/4 | €22,140 | €7,074 | -€15,066 | -68.0% |
| Amounts payable within one year | 42/48 | €76,522 | €116,732 | +€40,210 | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €21,409 | €11,274 | -€10,135 | -47.3% |
| Trade debts | 44 | €41,802 | €78,781 | +€36,979 | +88.5% |
| Suppliers | 440/4 | €41,802 | €78,781 | +€36,979 | +88.5% |
| Taxes, remuneration and social security | 45 | €3,346 | €10,212 | +€6,866 | +205% |
| Taxes | 450/3 | €3,346 | €10,150 | +€6,804 | +203% |
| Remuneration and social security | 454/9 | - | €62 | +€62 | |
| Other amounts payable | 47/48 | €9,965 | €16,465 | +€6,500 | +65.2% |
| Non-recurring operating income | 76A | - | €55 | +€55 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,884 | €4,069 | +€185 | +4.8% |
| Other operating charges | 640/8 | €3,120 | €280 | -€2,840 | -91.0% |
| Gross operating margin | 9900 | €36,017 | €21,779 | -€14,238 | -39.5% |
| Operating profit (loss) | 9901 | €29,013 | €17,430 | -€11,583 | -39.9% |
| Financial income | 75/76B | €20,442 | €3,884 | -€16,558 | -81.0% |
| Recurring financial income | 75 | €20,442 | €3,884 | -€16,558 | -81.0% |
| Financial charges | 65/66B | €12,659 | €2,958 | -€9,701 | -76.6% |
| Recurring financial charges | 65 | €12,659 | €2,958 | -€9,701 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €36,796 | €18,356 | -€18,441 | -50.1% |
| Income taxes | 67/77 | €10,288 | €3,936 | -€6,353 | -61.7% |
| Profit (loss) for the period | 9904 | €26,508 | €14,420 | -€12,088 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,508 | €14,420 | -€12,088 | -45.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.