IoSA: 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.
IoSA
Largest movements
- Receivables within one year +€20,568
up €20,568 (+160.5%), from €12,815 to €33,384
of which Trade receivables: +€15,449
- Cash -€9,440
down €9,440 (-20.8%), from €45,436 to €35,996
mainly Receivables within one year (-€20,568) and Tax, wage and social debts (-€6,429)
- Tangible fixed assets -€1,342
down €1,342 (-50.5%), from €2,657 to €1,314
of which Furniture and vehicles: -€1,066
- Reserves +€12,644
up €12,644 (+39.3%), from €32,212 to €44,855
- Tax, wage and social debts -€6,429
down €6,429 (-89.4%), from €7,189 to €760
of which Taxes: -€4,529
- Trade debts +€5,261
up €5,261 (+137.8%), from €3,817 to €9,078
- Short-term financial debts -€1,690
down €1,690 (-100.0%), from €1,690 to €0
- Gross operating margin +€7,308
up €7,308 (+101.0%), from €7,235 to €14,543
- Other operating charges -€3,759
down €3,759 (-87.9%), from €4,278 to €520
- Financial income -€1,495
down €1,495 (-82.6%), from €1,810 to €314
- Financial charges -€964
down €964 (-73.3%), from €1,315 to €352
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 | €60,908 | €70,694 | +€9,786 | +16.1% |
| Fixed assets | 21/28 | €2,657 | €1,314 | -€1,342 | -50.5% |
| Tangible fixed assets | 22/27 | €2,657 | €1,314 | -€1,342 | -50.5% |
| Plant, machinery and equipment | 23 | €936 | €660 | -€276 | -29.5% |
| Furniture and vehicles | 24 | €1,720 | €655 | -€1,066 | -62.0% |
| Current assets | 29/58 | €58,251 | €69,380 | +€11,128 | +19.1% |
| Amounts receivable within one year | 40/41 | €12,815 | €33,384 | +€20,568 | +160.5% |
| Trade receivables | 40 | €4,866 | €20,315 | +€15,449 | +317.5% |
| Other amounts receivable | 41 | €7,949 | €13,069 | +€5,120 | +64.4% |
| Cash at bank and in hand | 54/58 | €45,436 | €35,996 | -€9,440 | -20.8% |
| Total equity and liabilities | 10/49 | €60,908 | €70,694 | +€9,786 | +16.1% |
| Equity | 10/15 | €39,212 | €51,855 | +€12,644 | +32.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €32,212 | €44,855 | +€12,644 | +39.3% |
| Distributable reserves | 133 | €32,212 | €44,855 | +€12,644 | +39.3% |
| Amounts payable | 17/49 | €21,696 | €18,838 | -€2,858 | -13.2% |
| Amounts payable within one year | 42/48 | €21,696 | €18,838 | -€2,858 | -13.2% |
| Financial debts | 43 | €1,690 | €0 | -€1,690 | -100.0% |
| Credit institutions | 430/8 | €1,690 | €0 | -€1,690 | -100.0% |
| Trade debts | 44 | €3,817 | €9,078 | +€5,261 | +137.8% |
| Suppliers | 440/4 | €3,817 | €9,078 | +€5,261 | +137.8% |
| Advances received on contracts in progress | 46 | €9,000 | €9,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,189 | €760 | -€6,429 | -89.4% |
| Taxes | 450/3 | €4,529 | €0 | -€4,529 | -100.0% |
| Remuneration and social security | 454/9 | €2,660 | €760 | -€1,900 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €1,342 | = | 0.0% |
| Other operating charges | 640/8 | €4,278 | €520 | -€3,759 | -87.9% |
| Gross operating margin | 9900 | €7,235 | €14,543 | +€7,308 | +101.0% |
| Operating profit (loss) | 9901 | €1,615 | €12,681 | +€11,066 | +685.4% |
| Financial income | 75/76B | €1,810 | €314 | -€1,495 | -82.6% |
| Recurring financial income | 75 | €1,810 | €314 | -€1,495 | -82.6% |
| Financial charges | 65/66B | €1,315 | €352 | -€964 | -73.3% |
| Recurring financial charges | 65 | €1,315 | €352 | -€964 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | €2,109 | €12,644 | +€10,535 | +499.6% |
| Profit (loss) for the period | 9904 | €2,109 | €12,644 | +€10,535 | +499.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,109 | €12,644 | +€10,535 | +499.6% |
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 10 October 2026 via checked.be.