IsaCon: 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.
IsaCon
Largest movements
- Cash +€29,478
up €29,478 (+94.4%), from €31,236 to €60,715
mainly Net result for the year (+€20,426) and Receivables within one year (+€12,961)
- Receivables within one year -€12,961
down €12,961 (-58.5%), from €22,153 to €9,192
of which Trade receivables: -€7,238
- Tangible fixed assets -€4,778
down €4,778 (-60.9%), from €7,843 to €3,065
of which Furniture and vehicles: -€2,784
- Deferred charges and accrued income -€1,120
down €1,120 (-42.6%), from €2,626 to €1,506
- Other debts +€11,765
up €11,765 (+200.0%), from €5,882 to €17,647
- Tax, wage and social debts -€5,182
down €5,182 (-96.2%), from €5,387 to €205
of which Remuneration and social security: -€5,206
- Reserves +€2,779
up €2,779 (+6.1%), from €45,921 to €48,701
- Accrued charges and deferred income +€930
up €930 (+775.0%), from €120 to €1,050
- Gross operating margin +€30,281
up €30,281 (+89.3%), from €33,898 to €64,178
- Staff costs -€7,142
down €7,142 (-17.0%), from €42,036 to €34,893
- Taxes +€3,726
up €3,726 (+2051.0%), from €182 to €3,908
- Depreciation -€647
down €647 (-16.3%), from €3,967 to €3,320
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 | €63,857 | €74,477 | +€10,620 | +16.6% |
| Fixed assets | 21/28 | €7,843 | €3,065 | -€4,778 | -60.9% |
| Tangible fixed assets | 22/27 | €7,843 | €3,065 | -€4,778 | -60.9% |
| Plant, machinery and equipment | 23 | €2,090 | €96 | -€1,994 | -95.4% |
| Furniture and vehicles | 24 | €5,753 | €2,969 | -€2,784 | -48.4% |
| Current assets | 29/58 | €56,015 | €71,413 | +€15,398 | +27.5% |
| Amounts receivable within one year | 40/41 | €22,153 | €9,192 | -€12,961 | -58.5% |
| Trade receivables | 40 | €15,113 | €7,875 | -€7,238 | -47.9% |
| Other amounts receivable | 41 | €7,040 | €1,317 | -€5,723 | -81.3% |
| Cash at bank and in hand | 54/58 | €31,236 | €60,715 | +€29,478 | +94.4% |
| Deferred charges and accrued income | 490/1 | €2,626 | €1,506 | -€1,120 | -42.6% |
| Total equity and liabilities | 10/49 | €63,857 | €74,477 | +€10,620 | +16.6% |
| Equity | 10/15 | €49,921 | €52,701 | +€2,779 | +5.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €45,921 | €48,701 | +€2,779 | +6.1% |
| Distributable reserves | 133 | €45,921 | €48,701 | +€2,779 | +6.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,936 | €21,777 | +€7,841 | +56.3% |
| Amounts payable within one year | 42/48 | €13,816 | €20,727 | +€6,911 | +50.0% |
| Trade debts | 44 | €2,546 | €2,875 | +€328 | +12.9% |
| Suppliers | 440/4 | €2,546 | €2,875 | +€328 | +12.9% |
| Taxes, remuneration and social security | 45 | €5,387 | €205 | -€5,182 | -96.2% |
| Taxes | 450/3 | €182 | €205 | +€23 | +12.9% |
| Remuneration and social security | 454/9 | €5,206 | €0 | -€5,206 | -100.0% |
| Other amounts payable | 47/48 | €5,882 | €17,647 | +€11,765 | +200.0% |
| Accrued charges and deferred income | 492/3 | €120 | €1,050 | +€930 | +775.0% |
| Remuneration, social security and pensions | 62 | €42,036 | €34,893 | -€7,142 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,967 | €3,320 | -€647 | -16.3% |
| Other operating charges | 640/8 | €762 | €1,234 | +€471 | +61.8% |
| Gross operating margin | 9900 | €33,898 | €64,178 | +€30,281 | +89.3% |
| Operating profit (loss) | 9901 | -€12,867 | €24,732 | +€37,598 | |
| Financial income | 75/76B | €8 | €17 | +€9 | +115.9% |
| Recurring financial income | 75 | €8 | €17 | +€9 | +115.9% |
| Financial charges | 65/66B | €192 | €415 | +€222 | +115.8% |
| Recurring financial charges | 65 | €192 | €415 | +€222 | +115.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,051 | €24,334 | +€37,385 | |
| Income taxes | 67/77 | €182 | €3,908 | +€3,726 | +2051.0% |
| Profit (loss) for the period | 9904 | -€13,233 | €20,426 | +€33,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,233 | €20,426 | +€33,659 |
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.