ISAK: 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.
ISAK
Largest movements
- Financial fixed assets -€7,840
no longer reported in 2024 (was €7,840)
- Cash +€6,174
up €6,174 (+373.7%), from €1,652 to €7,826
mainly Other debts (+€19,306) and Investment in fixed assets (net) (+€7,840)
- Stocks and contracts +€2,827
up €2,827 (+56.0%), from €5,049 to €7,875
- Deferred charges and accrued income -€477
no longer reported in 2024 (was €477)
- Receivables within one year +€433
up €433 (+184.7%), from €235 to €668
- Profit (loss) carried forward -€21,740
down €21,740 (-50.0%), from -€43,462 to -€65,201
- Other debts +€19,306
up €19,306 (+78.6%), from €24,574 to €43,880
- Tax, wage and social debts +€5,547
up €5,547 (+46.4%), from €11,964 to €17,511
of which Remuneration and social security: +€3,866
- Trade debts -€1,996
down €1,996 (-91.8%), from €2,176 to €179
- Staff costs -€20,012
down €20,012 (-60.4%), from €33,110 to €13,099
- Gross operating margin +€1,628
up €1,628 (+16.3%), from -€9,990 to -€8,362
- Other operating charges -€398
no longer reported in 2024 (was €398)
- Financial charges +€290
new in 2024: €290
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 | €15,252 | €16,369 | +€1,117 | +7.3% |
| Fixed assets | 21/28 | €7,840 | - | -€7,840 | |
| Financial fixed assets | 28 | €7,840 | - | -€7,840 | |
| Current assets | 29/58 | €7,412 | €16,369 | +€8,957 | +120.8% |
| Stocks and contracts in progress | 3 | €5,049 | €7,875 | +€2,827 | +56.0% |
| Stocks | 30/36 | €5,049 | €7,875 | +€2,827 | +56.0% |
| Amounts receivable within one year | 40/41 | €235 | €668 | +€433 | +184.7% |
| Trade receivables | 40 | €235 | €668 | +€433 | +184.7% |
| Cash at bank and in hand | 54/58 | €1,652 | €7,826 | +€6,174 | +373.7% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €15,252 | €16,369 | +€1,117 | +7.3% |
| Equity | 10/15 | -€23,462 | -€45,201 | -€21,740 | -92.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,462 | -€65,201 | -€21,740 | -50.0% |
| Amounts payable | 17/49 | €38,713 | €61,570 | +€22,857 | +59.0% |
| Amounts payable within one year | 42/48 | €38,713 | €61,570 | +€22,857 | +59.0% |
| Trade debts | 44 | €2,176 | €179 | -€1,996 | -91.8% |
| Suppliers | 440/4 | €2,176 | €179 | -€1,996 | -91.8% |
| Taxes, remuneration and social security | 45 | €11,964 | €17,511 | +€5,547 | +46.4% |
| Taxes | 450/3 | €1,376 | €3,057 | +€1,681 | +122.1% |
| Remuneration and social security | 454/9 | €10,588 | €14,454 | +€3,866 | +36.5% |
| Other amounts payable | 47/48 | €24,574 | €43,880 | +€19,306 | +78.6% |
| Remuneration, social security and pensions | 62 | €33,110 | €13,099 | -€20,012 | -60.4% |
| Other operating charges | 640/8 | €398 | - | -€398 | |
| Gross operating margin | 9900 | -€9,990 | -€8,362 | +€1,628 | +16.3% |
| Operating profit (loss) | 9901 | -€43,498 | -€21,460 | +€22,038 | +50.7% |
| Financial income | 75/76B | €36 | €11 | -€26 | -70.1% |
| Recurring financial income | 75 | €36 | €11 | -€26 | -70.1% |
| Financial charges | 65/66B | - | €290 | +€290 | |
| Recurring financial charges | 65 | - | €290 | +€290 | |
| Profit (loss) for the period before taxes | 9903 | -€43,462 | -€21,740 | +€21,722 | +50.0% |
| Profit (loss) for the period | 9904 | -€43,462 | -€21,740 | +€21,722 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,462 | -€21,740 | +€21,722 | +50.0% |
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 30 September 2026 via checked.be.