IS.BA.HI: 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.
IS.BA.HI
Largest movements
- Receivables within one year +€20,683
up €20,683 (+248%), from €8,356 to €29,039
of which Other amounts receivable: +€16,727
- Cash +€14,554
up €14,554 (+53.3%), from €27,327 to €41,881
mainly Net result for the year (+€27,316) and Trade debts (+€8,571)
- Tangible fixed assets -€4,230
down €4,230 (-31.0%), from €13,638 to €9,408
of which Furniture and vehicles: -€3,375
- Profit (loss) carried forward +€27,316
up €27,316 (+93.7%), from €29,148 to €56,465
- Trade debts +€8,571
up €8,571 (+1,549%), from €553 to €9,125
- Other debts -€6,410
no longer reported in 2025 (was €6,410)
- Tax, wage and social debts +€1,858
up €1,858 (+16.6%), from €11,166 to €13,024
of which Taxes: +€3,972
- Gross operating margin +€14,746
up €14,746 (+54.3%), from €27,155 to €41,901
- Taxes +€2,139
up €2,139 (+43.6%), from €4,910 to €7,049
- Depreciation +€1,459
up €1,459 (+39.9%), from €3,655 to €5,115
- Other operating charges +€605
up €605 (+96.1%), from €630 to €1,235
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 | €50,926 | €81,614 | +€30,688 | +60.3% |
| Formation expenses | 20 | €310 | €82 | -€228 | -73.6% |
| Fixed assets | 21/28 | €13,638 | €9,408 | -€4,230 | -31.0% |
| Tangible fixed assets | 22/27 | €13,638 | €9,408 | -€4,230 | -31.0% |
| Plant, machinery and equipment | 23 | €4,646 | €3,791 | -€855 | -18.4% |
| Furniture and vehicles | 24 | €8,992 | €5,617 | -€3,375 | -37.5% |
| Current assets | 29/58 | €36,977 | €72,124 | +€35,146 | +95.0% |
| Stocks and contracts in progress | 3 | €1,294 | €1,203 | -€91 | -7.0% |
| Stocks | 30/36 | €1,294 | €1,203 | -€91 | -7.0% |
| Amounts receivable within one year | 40/41 | €8,356 | €29,039 | +€20,683 | +248% |
| Trade receivables | 40 | €423 | €4,379 | +€3,955 | +934% |
| Other amounts receivable | 41 | €7,933 | €24,661 | +€16,727 | +211% |
| Cash at bank and in hand | 54/58 | €27,327 | €41,881 | +€14,554 | +53.3% |
| Total equity and liabilities | 10/49 | €50,926 | €81,614 | +€30,688 | +60.3% |
| Equity | 10/15 | €32,148 | €59,465 | +€27,316 | +85.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,148 | €56,465 | +€27,316 | +93.7% |
| Amounts payable | 17/49 | €18,777 | €22,149 | +€3,372 | +18.0% |
| Amounts payable within one year | 42/48 | €18,777 | €22,149 | +€3,372 | +18.0% |
| Trade debts | 44 | €553 | €9,125 | +€8,571 | +1,549% |
| Suppliers | 440/4 | €553 | €9,125 | +€8,571 | +1,549% |
| Advances received on contracts in progress | 46 | €648 | - | -€648 | |
| Taxes, remuneration and social security | 45 | €11,166 | €13,024 | +€1,858 | +16.6% |
| Taxes | 450/3 | €8,323 | €12,295 | +€3,972 | +47.7% |
| Remuneration and social security | 454/9 | €2,844 | €730 | -€2,114 | -74.3% |
| Other amounts payable | 47/48 | €6,410 | - | -€6,410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,655 | €5,115 | +€1,459 | +39.9% |
| Other operating charges | 640/8 | €630 | €1,235 | +€605 | +96.1% |
| Gross operating margin | 9900 | €27,155 | €41,901 | +€14,746 | +54.3% |
| Operating profit (loss) | 9901 | €22,870 | €35,551 | +€12,681 | +55.5% |
| Financial income | 75/76B | €9 | €2 | -€7 | -82.0% |
| Recurring financial income | 75 | €9 | €2 | -€7 | -82.0% |
| Financial charges | 65/66B | €793 | €1,187 | +€394 | +49.8% |
| Recurring financial charges | 65 | €793 | €1,187 | +€394 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €22,086 | €34,366 | +€12,279 | +55.6% |
| Income taxes | 67/77 | €4,910 | €7,049 | +€2,139 | +43.6% |
| Profit (loss) for the period | 9904 | €17,176 | €27,316 | +€10,140 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,176 | €27,316 | +€10,140 | +59.0% |
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 25 October 2026 via checked.be.