ERSOR 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.
ERSOR ISOL
Largest movements
- Receivables within one year -€38,337
down €38,337 (-31.6%), from €121,455 to €83,118
of which Trade receivables: -€33,824
- Cash -€2,046
down €2,046 (-10.1%), from €20,315 to €18,269
mainly Trade debts (-€27,612) and Tax, wage and social debts (-€9,089)
- Trade debts -€27,612
down €27,612 (-66.4%), from €41,592 to €13,980
- Tax, wage and social debts -€9,089
down €9,089 (-71.6%), from €12,692 to €3,604
of which Taxes: -€5,573
- Profit (loss) carried forward -€5,569
down €5,569 (-35.4%), from €15,748 to €10,179
- Gross operating margin -€22,872
down €22,872, from €19,040 to -€3,832
- Taxes -€5,619
down €5,619 (-100.0%), from €5,619 to €0
- Other operating charges +€1,944
up €1,944 (+213.6%), from €910 to €2,854
- Depreciation +€1,165
up €1,165 (+124.3%), from €937 to €2,101
- Financial income -€529
down €529 (-13.1%), from €4,026 to €3,498
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,096 | €106,513 | -€42,583 | -28.6% |
| Fixed assets | 21/28 | €4,257 | €3,336 | -€921 | -21.6% |
| Tangible fixed assets | 22/27 | €4,257 | €3,336 | -€921 | -21.6% |
| Furniture and vehicles | 24 | €4,257 | €3,336 | -€921 | -21.6% |
| Current assets | 29/58 | €144,839 | €103,177 | -€41,661 | -28.8% |
| Amounts receivable within one year | 40/41 | €121,455 | €83,118 | -€38,337 | -31.6% |
| Trade receivables | 40 | €36,389 | €2,565 | -€33,824 | -93.0% |
| Other amounts receivable | 41 | €85,066 | €80,553 | -€4,513 | -5.3% |
| Cash at bank and in hand | 54/58 | €20,315 | €18,269 | -€2,046 | -10.1% |
| Deferred charges and accrued income | 490/1 | €3,068 | €1,791 | -€1,278 | -41.6% |
| Total equity and liabilities | 10/49 | €149,096 | €106,513 | -€42,583 | -28.6% |
| Equity | 10/15 | €28,948 | €23,379 | -€5,569 | -19.2% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,748 | €10,179 | -€5,569 | -35.4% |
| Amounts payable | 17/49 | €120,148 | €83,134 | -€37,014 | -30.8% |
| Amounts payable after more than one year | 17 | €65,550 | €65,550 | = | 0.0% |
| Other amounts payable | 178/9 | €65,550 | €65,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,598 | €17,584 | -€37,014 | -67.8% |
| Trade debts | 44 | €41,592 | €13,980 | -€27,612 | -66.4% |
| Suppliers | 440/4 | €41,592 | €13,980 | -€27,612 | -66.4% |
| Taxes, remuneration and social security | 45 | €12,692 | €3,604 | -€9,089 | -71.6% |
| Taxes | 450/3 | €9,176 | €3,604 | -€5,573 | -60.7% |
| Remuneration and social security | 454/9 | €3,516 | €0 | -€3,516 | -100.0% |
| Other amounts payable | 47/48 | €314 | €0 | -€314 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €937 | €2,101 | +€1,165 | +124.3% |
| Other operating charges | 640/8 | €910 | €2,854 | +€1,944 | +213.6% |
| Gross operating margin | 9900 | €19,040 | -€3,832 | -€22,872 | |
| Operating profit (loss) | 9901 | €17,193 | -€8,787 | -€25,980 | |
| Financial income | 75/76B | €4,026 | €3,498 | -€529 | -13.1% |
| Recurring financial income | 75 | €4,026 | €3,498 | -€529 | -13.1% |
| Financial charges | 65/66B | €228 | €150 | -€78 | -34.3% |
| Recurring financial charges | 65 | €228 | €150 | -€78 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €20,991 | -€5,440 | -€26,431 | |
| Income taxes | 67/77 | €5,619 | €0 | -€5,619 | -100.0% |
| Profit (loss) for the period | 9904 | €15,372 | -€5,440 | -€20,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,372 | -€5,440 | -€20,812 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.