IsaGo: 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.
IsaGo
Largest movements
- Cash +€106,815
up €106,815 (+62.5%), from €170,828 to €277,643
mainly Net result for the year (+€148,657)
- Reserves +€148,657
up €148,657 (+20.4%), from €729,231 to €877,888
- Taxes -€10,019
down €10,019 (-46.7%), from €21,458 to €11,440
- Financial income +€1,165
up €1,165 (+0.9%), from €134,891 to €136,056
- Gross operating margin -€480
down €480 (-1.1%), from €44,681 to €44,201
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 | €5,750,677 | €5,871,740 | +€121,062 | +2.1% |
| Fixed assets | 21/28 | €5,560,736 | €5,560,736 | = | 0.0% |
| Financial fixed assets | 28 | €5,560,736 | €5,560,736 | = | 0.0% |
| Current assets | 29/58 | €189,941 | €311,004 | +€121,062 | +63.7% |
| Amounts receivable within one year | 40/41 | €16,336 | €30,223 | +€13,886 | +85.0% |
| Trade receivables | 40 | €16,335 | €16,335 | = | 0.0% |
| Other amounts receivable | 41 | €1 | €13,888 | +€13,886 | +1,021,041% |
| Cash at bank and in hand | 54/58 | €170,828 | €277,643 | +€106,815 | +62.5% |
| Deferred charges and accrued income | 490/1 | €2,777 | €3,138 | +€361 | +13.0% |
| Total equity and liabilities | 10/49 | €5,750,677 | €5,871,740 | +€121,062 | +2.1% |
| Equity | 10/15 | €4,806,755 | €4,955,412 | +€148,657 | +3.1% |
| Contributions | 10/11 | €4,044,766 | €4,044,766 | = | 0.0% |
| Reserves | 13 | €729,231 | €877,888 | +€148,657 | +20.4% |
| Distributable reserves | 133 | €729,231 | €877,888 | +€148,657 | +20.4% |
| Profit (loss) carried forward | 14 | €32,757 | €32,757 | = | 0.0% |
| Amounts payable | 17/49 | €943,923 | €916,328 | -€27,595 | -2.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €938,393 | €916,328 | -€22,065 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €11,047 | €0 | -€11,047 | -100% |
| Trade debts | 44 | €3,676 | €804 | -€2,873 | -78.1% |
| Suppliers | 440/4 | €3,676 | €804 | -€2,873 | -78.1% |
| Taxes, remuneration and social security | 45 | €20,733 | €12,588 | -€8,145 | -39.3% |
| Taxes | 450/3 | €18,278 | €12,588 | -€5,691 | -31.1% |
| Remuneration and social security | 454/9 | €2,454 | €0 | -€2,454 | -100% |
| Other amounts payable | 47/48 | €902,937 | €902,937 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,530 | €0 | -€5,530 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,939 | €1,723 | -€217 | -11.2% |
| Gross operating margin | 9900 | €44,681 | €44,201 | -€480 | -1.1% |
| Operating profit (loss) | 9901 | €42,742 | €42,478 | -€263 | -0.6% |
| Financial income | 75/76B | €134,891 | €136,056 | +€1,165 | +0.9% |
| Recurring financial income | 75 | €134,891 | €136,056 | +€1,165 | +0.9% |
| Financial charges | 65/66B | €18,488 | €18,438 | -€50 | -0.3% |
| Recurring financial charges | 65 | €18,488 | €18,438 | -€50 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €159,145 | €160,097 | +€951 | +0.6% |
| Income taxes | 67/77 | €21,458 | €11,440 | -€10,019 | -46.7% |
| Profit (loss) for the period | 9904 | €137,687 | €148,657 | +€10,970 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €137,687 | €148,657 | +€10,970 | +8.0% |
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 15 October 2026 via checked.be.