ISALA: 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.
What changed
ISALA
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€26,199
2024 · €16,390-€42,589
Equity
€1.1m
2024 · €941,205+€118,801
Cash
€124,045
2024 · €98,806+€25,239
Balance sheet total
€3.1m
2024 · €2.6m+€456,161
Largest movements
Assets
- Tangible fixed assets +€298,457
up €298,457 (+12.3%), from €2.4m to €2.7m
of which Land and buildings: +€317,931
- Financial fixed assets +€145,000
up €145,000 (+385%), from €37,667 to €182,667
Equity and liabilities
- Debts after one year +€322,426
up €322,426 (+26.9%), from €1.2m to €1.5m
- Contributions +€145,000
up €145,000 (+26.8%), from €540,604 to €685,604
- Short-term financial debts -€32,037
down €32,037 (-100%), from €32,037 to €0
Income statement
- Depreciation +€49,217
up €49,217 (+28.3%), from €174,171 to €223,389
- Financial charges -€23,494
down €23,494 (-28.4%), from €82,725 to €59,231
- Gross operating margin -€19,481
down €19,481 (-5.8%), from €335,692 to €316,211
- Taxes -€9,767
down €9,767 (-90.4%), from €10,801 to €1,034
- Staff costs +€6,849
up €6,849 (+21.8%), from €31,396 to €38,245
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.
Result 2024
€16,390
Gross operating margin
-€19,481
Staff costs
-€6,849
Depreciation
-€49,217
Other operating charges
-€194
Financial income
-€108
Financial charges
+€23,494
Taxes
+€9,767
Result 2025
-€26,199
raises the resultlowers the result
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.
From operations
+€236,796
Investment
-€666,845
Financing
+€455,289
Cash 2024
€98,806
From operations (derived)
+€236,796
Net result for the year
-€26,199
Depreciation
+€223,389
Receivables within one year
+€13,360
Deferred charges and accrued income
-€825
Provisions
-€2,910
Trade debts
-€8,295
Tax, wage and social debts
-€10,955
Other debts
+€24,448
Accrued charges and deferred income
+€24,782
Investment (derived)
-€666,845
Investment in fixed assets (net)
-€666,845
Financing
+€455,289
Debts after one year
+€322,426
Current portion of long-term debt
+€19,900
Short-term financial debts
-€32,037
Contributions, distributions and other
+€145,000
Cash 2025
€124,045
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,625,843 | €3,082,004 | +€456,161 | +17.4% |
| Fixed assets | 21/28 | €2,466,252 | €2,909,708 | +€443,457 | +18.0% |
| Tangible fixed assets | 22/27 | €2,428,585 | €2,727,042 | +€298,457 | +12.3% |
| Land and buildings | 22 | €2,339,051 | €2,656,982 | +€317,931 | +13.6% |
| Furniture and vehicles | 24 | €89,534 | €70,060 | -€19,474 | -21.8% |
| Financial fixed assets | 28 | €37,667 | €182,667 | +€145,000 | +385% |
| Current assets | 29/58 | €159,592 | €172,296 | +€12,704 | +8.0% |
| Stocks and contracts in progress | 3 | €2,838 | €2,838 | = | 0.0% |
| Stocks | 30/36 | €2,838 | €2,838 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,519 | €36,159 | -€13,360 | -27.0% |
| Trade receivables | 40 | €36,311 | €32,142 | -€4,169 | -11.5% |
| Other amounts receivable | 41 | €13,208 | €4,016 | -€9,192 | -69.6% |
| Cash at bank and in hand | 54/58 | €98,806 | €124,045 | +€25,239 | +25.5% |
| Deferred charges and accrued income | 490/1 | €8,429 | €9,254 | +€825 | +9.8% |
| Total equity and liabilities | 10/49 | €2,625,843 | €3,082,004 | +€456,161 | +17.4% |
| Equity | 10/15 | €941,205 | €1,060,006 | +€118,801 | +12.6% |
| Contributions | 10/11 | €540,604 | €685,604 | +€145,000 | +26.8% |
| Capital | 10 | €540,604 | €685,604 | +€145,000 | +26.8% |
| Issued capital | 100 | €540,604 | €685,604 | +€145,000 | +26.8% |
| Reserves | 13 | €400,600 | €374,402 | -€26,199 | -6.5% |
| Non-distributable reserves | 130/1 | €38,498 | €38,498 | = | 0.0% |
| Legal reserve | 130 | €38,498 | €38,498 | = | 0.0% |
| Tax-exempt reserves | 132 | €133,129 | €123,898 | -€9,231 | -6.9% |
| Distributable reserves | 133 | €228,973 | €212,006 | -€16,967 | -7.4% |
| Provisions and deferred taxes | 16 | €41,952 | €39,042 | -€2,910 | -6.9% |
| Deferred taxes | 168 | €41,952 | €39,042 | -€2,910 | -6.9% |
| Amounts payable | 17/49 | €1,642,687 | €1,982,956 | +€340,269 | +20.7% |
| Amounts payable after more than one year | 17 | €1,198,011 | €1,520,437 | +€322,426 | +26.9% |
| Financial debts | 170/4 | €1,198,011 | €1,520,437 | +€322,426 | +26.9% |
| Amounts payable within one year | 42/48 | €430,305 | €423,367 | -€6,938 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €53,064 | €72,964 | +€19,900 | +37.5% |
| Financial debts | 43 | €32,037 | €0 | -€32,037 | -100% |
| Credit institutions | 430/8 | €32,037 | €0 | -€32,037 | -100% |
| Trade debts | 44 | €28,484 | €20,189 | -€8,295 | -29.1% |
| Suppliers | 440/4 | €28,484 | €20,189 | -€8,295 | -29.1% |
| Taxes, remuneration and social security | 45 | €43,405 | €32,450 | -€10,955 | -25.2% |
| Taxes | 450/3 | €21,142 | €8,757 | -€12,385 | -58.6% |
| Remuneration and social security | 454/9 | €22,263 | €23,693 | +€1,430 | +6.4% |
| Other amounts payable | 47/48 | €273,316 | €297,764 | +€24,448 | +8.9% |
| Accrued charges and deferred income | 492/3 | €14,371 | €39,153 | +€24,782 | +172% |
| Non-recurring operating income | 76A | €11,540 | €0 | -€11,540 | -100% |
| Remuneration, social security and pensions | 62 | €31,396 | €38,245 | +€6,849 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,171 | €223,389 | +€49,217 | +28.3% |
| Other operating charges | 640/8 | €23,377 | €23,571 | +€194 | +0.8% |
| Gross operating margin | 9900 | €335,692 | €316,211 | -€19,481 | -5.8% |
| Operating profit (loss) | 9901 | €106,747 | €31,006 | -€75,741 | -71.0% |
| Financial income | 75/76B | €259 | €151 | -€108 | -41.8% |
| Recurring financial income | 75 | €259 | €151 | -€108 | -41.8% |
| Financial charges | 65/66B | €82,725 | €59,231 | -€23,494 | -28.4% |
| Recurring financial charges | 65 | €82,725 | €59,231 | -€23,494 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €24,281 | -€28,075 | -€52,356 | |
| Transfer from deferred taxes | 780 | €2,910 | €2,910 | = | 0.0% |
| Income taxes | 67/77 | €10,801 | €1,034 | -€9,767 | -90.4% |
| Profit (loss) for the period | 9904 | €16,390 | -€26,199 | -€42,589 | |
| Transfer from tax-exempt reserves | 789 | €9,231 | €9,231 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,622 | -€16,967 | -€42,589 |
Source: filed annual accounts (NBB), financial years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.