ISABELLE: what changed
Two fiscal 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.
ISABELLE
Largest movements
- Tangible fixed assets +€61,513
up €61,513 (+1372.0%), from €4,483 to €65,996
of which Land and buildings: +€60,197
- Receivables after one year -€38,279
down €38,279 (-19.0%), from €201,937 to €163,658
- Receivables within one year -€14,653
down €14,653 (-96.7%), from €15,155 to €502
of which Trade receivables: -€9,092
- Cash -€12,346
down €12,346 (-88.6%), from €13,939 to €1,593
mainly Investment in fixed assets (net) (-€69,423) and Net result for the year (-€13,240)
- Profit (loss) carried forward -€13,240
down €13,240 (-6.5%), from €203,019 to €189,779
- Other debts +€6,604
up €6,604, from €0 to €6,604
- Depreciation +€5,897
up €5,897 (+292.9%), from €2,013 to €7,910
- Financial charges -€5,027
down €5,027 (-92.0%), from €5,462 to €434
- Other operating charges -€4,200
down €4,200 (-85.4%), from €4,917 to €717
- Gross operating margin +€3,276
up €3,276, from -€2,492 to €784
- Taxes +€488
up €488 (+15.3%), from €3,188 to €3,675
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,682 | €237,439 | -€5,243 | -2.2% |
| Fixed assets | 21/28 | €4,483 | €65,996 | +€61,513 | +1372.0% |
| Tangible fixed assets | 22/27 | €4,483 | €65,996 | +€61,513 | +1372.0% |
| Land and buildings | 22 | €0 | €60,197 | +€60,197 | |
| Plant, machinery and equipment | 23 | €0 | €892 | +€892 | |
| Furniture and vehicles | 24 | €4,483 | €4,907 | +€424 | +9.5% |
| Current assets | 29/58 | €238,199 | €171,443 | -€66,756 | -28.0% |
| Amounts receivable after more than one year | 29 | €201,937 | €163,658 | -€38,279 | -19.0% |
| Other amounts receivable | 291 | €201,937 | €163,658 | -€38,279 | -19.0% |
| Stocks and contracts in progress | 3 | €5,253 | €5,534 | +€281 | +5.4% |
| Stocks | 30/36 | €5,253 | €5,534 | +€281 | +5.4% |
| Amounts receivable within one year | 40/41 | €15,155 | €502 | -€14,653 | -96.7% |
| Trade receivables | 40 | €9,395 | €302 | -€9,092 | -96.8% |
| Other amounts receivable | 41 | €5,760 | €200 | -€5,560 | -96.5% |
| Cash at bank and in hand | 54/58 | €13,939 | €1,593 | -€12,346 | -88.6% |
| Deferred charges and accrued income | 490/1 | €1,914 | €156 | -€1,759 | -91.9% |
| Total equity and liabilities | 10/49 | €242,682 | €237,439 | -€5,243 | -2.2% |
| Equity | 10/15 | €239,247 | €226,007 | -€13,240 | -5.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €30,030 | €30,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,171 | €28,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,019 | €189,779 | -€13,240 | -6.5% |
| Amounts payable | 17/49 | €3,435 | €11,432 | +€7,997 | +232.8% |
| Amounts payable after more than one year | 17 | €0 | €0 | -€0 | -100.0% |
| Financial debts | 170/4 | €0 | €0 | -€0 | -100.0% |
| Amounts payable within one year | 42/48 | €3,435 | €11,432 | +€7,997 | +232.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €155 | +€155 | |
| Credit institutions | 430/8 | - | €155 | +€155 | |
| Trade debts | 44 | €2,440 | €2,940 | +€500 | +20.5% |
| Suppliers | 440/4 | €2,440 | €2,940 | +€500 | +20.5% |
| Taxes, remuneration and social security | 45 | €994 | €1,733 | +€738 | +74.2% |
| Taxes | 450/3 | €994 | €1,733 | +€738 | +74.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €6,604 | +€6,604 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €50,750 | €905 | -€49,845 | -98.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €7,910 | +€5,897 | +292.9% |
| Other operating charges | 640/8 | €4,917 | €717 | -€4,200 | -85.4% |
| Non-recurring operating charges | 66A | €5,016 | €1,291 | -€3,725 | -74.3% |
| Gross operating margin | 9900 | -€2,492 | €784 | +€3,276 | |
| Operating profit (loss) | 9901 | -€14,438 | -€9,134 | +€5,304 | +36.7% |
| Financial income | 75/76B | €0 | €4 | +€4 | +6750.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +6750.0% |
| Financial charges | 65/66B | €5,462 | €434 | -€5,027 | -92.0% |
| Recurring financial charges | 65 | €5,462 | €434 | -€5,027 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,900 | -€9,565 | +€10,335 | +51.9% |
| Income taxes | 67/77 | €3,188 | €3,675 | +€488 | +15.3% |
| Profit (loss) for the period | 9904 | -€23,087 | -€13,240 | +€9,848 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,087 | -€13,240 | +€9,848 | +42.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.