I3SS: 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.
I3SS
Largest movements
- Financial fixed assets -€130,550
down €130,550 (-33.0%), from €396,101 to €265,550
- Tangible fixed assets +€95,673
up €95,673 (+1,663%), from €5,753 to €101,426
of which Furniture and vehicles: +€97,040
- Cash -€26,733
down €26,733 (-8.1%), from €329,661 to €302,928
mainly Contributions, distributions and other (-€1.0m) and Smaller working-capital items (-€2,392)
- Profit (loss) carried forward -€920,023
down €920,023 (-56.0%), from €1.6m to €723,521
- Other debts +€854,185
up €854,185 (+11,887%), from €7,186 to €861,371
- Gross operating margin -€137,873
down €137,873 (-62.0%), from €222,322 to €84,449
- Financial income -€129,637
down €129,637 (-82.5%), from €157,099 to €27,461
of which Non-recurring financial income: -€108,795
- Taxes -€44,707
down €44,707 (-67.1%), from €66,592 to €21,885
- Depreciation +€5,919
up €5,919 (+397%), from €1,491 to €7,410
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 | €1,732,269 | €1,672,344 | -€59,925 | -3.5% |
| Fixed assets | 21/28 | €401,854 | €366,976 | -€34,877 | -8.7% |
| Tangible fixed assets | 22/27 | €5,753 | €101,426 | +€95,673 | +1,663% |
| Plant, machinery and equipment | 23 | €4,401 | €3,411 | -€990 | -22.5% |
| Furniture and vehicles | 24 | €643 | €97,682 | +€97,040 | +15,100% |
| Other tangible fixed assets | 26 | €710 | €333 | -€377 | -53.1% |
| Financial fixed assets | 28 | €396,101 | €265,550 | -€130,550 | -33.0% |
| Current assets | 29/58 | €1,330,416 | €1,305,368 | -€25,048 | -1.9% |
| Amounts receivable within one year | 40/41 | €140 | €0 | -€140 | -100% |
| Other amounts receivable | 41 | €140 | €0 | -€140 | -100% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €329,661 | €302,928 | -€26,733 | -8.1% |
| Deferred charges and accrued income | 490/1 | €615 | €2,440 | +€1,825 | +297% |
| Total equity and liabilities | 10/49 | €1,732,269 | €1,672,344 | -€59,925 | -3.5% |
| Equity | 10/15 | €1,664,004 | €743,981 | -€920,023 | -55.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €1,643,544 | €723,521 | -€920,023 | -56.0% |
| Amounts payable | 17/49 | €68,265 | €928,363 | +€860,098 | +1,260% |
| Amounts payable within one year | 42/48 | €68,265 | €928,363 | +€860,098 | +1,260% |
| Financial debts | 43 | €5,081 | €5,066 | -€15 | -0.3% |
| Credit institutions | 430/8 | €5,081 | €5,066 | -€15 | -0.3% |
| Trade debts | 44 | €2,063 | €1,356 | -€707 | -34.3% |
| Suppliers | 440/4 | €2,063 | €1,356 | -€707 | -34.3% |
| Taxes, remuneration and social security | 45 | €53,934 | €60,571 | +€6,636 | +12.3% |
| Taxes | 450/3 | €53,934 | €60,571 | +€6,636 | +12.3% |
| Other amounts payable | 47/48 | €7,186 | €861,371 | +€854,185 | +11,887% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,491 | €7,410 | +€5,919 | +397% |
| Other operating charges | 640/8 | €1,132 | €1,854 | +€722 | +63.8% |
| Gross operating margin | 9900 | €222,322 | €84,449 | -€137,873 | -62.0% |
| Operating profit (loss) | 9901 | €219,699 | €75,185 | -€144,514 | -65.8% |
| Financial income | 75/76B | €157,099 | €27,461 | -€129,637 | -82.5% |
| Recurring financial income | 75 | €48,303 | €27,461 | -€20,842 | -43.1% |
| Non-recurring financial income | 76B | €108,795 | €0 | -€108,795 | -100% |
| Financial charges | 65/66B | €954 | €785 | -€169 | -17.7% |
| Recurring financial charges | 65 | €954 | €785 | -€169 | -17.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €375,844 | €101,861 | -€273,982 | -72.9% |
| Income taxes | 67/77 | €66,592 | €21,885 | -€44,707 | -67.1% |
| Profit (loss) for the period | 9904 | €309,252 | €79,977 | -€229,275 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €309,252 | €79,977 | -€229,275 | -74.1% |
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 14 October 2026 via checked.be.