ISALI: 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.
ISALI
Largest movements
- Receivables within one year +€39,746
new in 2025: €39,746
of which Other amounts receivable: +€20,174
- Deferred charges and accrued income +€37,090
up €37,090 (+1715.2%), from €2,162 to €39,253
- Cash +€19,299
up €19,299 (+18.9%), from €102,130 to €121,430
mainly Accrued charges and deferred income (+€72,900) and Net result for the year (+€34,793)
- Accrued charges and deferred income +€72,900
up €72,900 (+7290.0%), from €1,000 to €73,900
- Tax, wage and social debts +€28,497
up €28,497 (+280.1%), from €10,173 to €38,669
- Debts after one year -€9,751
down €9,751 (-23.0%), from €42,327 to €32,576
- Trade debts +€2,992
up €2,992 (+17.5%), from €17,061 to €20,053
- Gross operating margin +€27,342
up €27,342 (+199.7%), from €13,693 to €41,035
- Financial charges +€3,316
up €3,316 (+357.6%), from €927 to €4,244
- Write-downs -€613
no longer reported in 2025 (was €613)
- Taxes +€500
up €500 (+45.5%), from €1,100 to €1,600
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 | €107,972 | €204,107 | +€96,135 | +89.0% |
| Current assets | 29/58 | €107,972 | €204,107 | +€96,135 | +89.0% |
| Stocks and contracts in progress | 3 | €3,679 | €3,679 | = | 0.0% |
| Stocks | 30/36 | €3,679 | €3,679 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €39,746 | +€39,746 | |
| Trade receivables | 40 | - | €19,572 | +€19,572 | |
| Other amounts receivable | 41 | - | €20,174 | +€20,174 | |
| Cash at bank and in hand | 54/58 | €102,130 | €121,430 | +€19,299 | +18.9% |
| Deferred charges and accrued income | 490/1 | €2,162 | €39,253 | +€37,090 | +1715.2% |
| Total equity and liabilities | 10/49 | €107,972 | €204,107 | +€96,135 | +89.0% |
| Equity | 10/15 | €23,230 | €22,761 | -€469 | -2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,230 | €2,761 | -€469 | -14.5% |
| Amounts payable | 17/49 | €84,742 | €181,346 | +€96,604 | +114.0% |
| Amounts payable after more than one year | 17 | €42,327 | €32,576 | -€9,751 | -23.0% |
| Financial debts | 170/4 | €42,327 | €32,576 | -€9,751 | -23.0% |
| Amounts payable within one year | 42/48 | €41,415 | €74,869 | +€33,455 | +80.8% |
| Current portion of amounts payable after more than one year | 42 | €9,104 | €9,751 | +€646 | +7.1% |
| Trade debts | 44 | €17,061 | €20,053 | +€2,992 | +17.5% |
| Suppliers | 440/4 | €17,061 | €20,053 | +€2,992 | +17.5% |
| Taxes, remuneration and social security | 45 | €10,173 | €38,669 | +€28,497 | +280.1% |
| Taxes | 450/3 | €10,173 | €38,669 | +€28,497 | +280.1% |
| Other amounts payable | 47/48 | €5,077 | €6,396 | +€1,320 | +26.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €73,900 | +€72,900 | +7290.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €613 | - | -€613 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,693 | €41,035 | +€27,342 | +199.7% |
| Operating profit (loss) | 9901 | €12,692 | €40,636 | +€27,943 | +220.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +59.7% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +59.7% |
| Financial charges | 65/66B | €927 | €4,244 | +€3,316 | +357.6% |
| Recurring financial charges | 65 | €927 | €4,244 | +€3,316 | +357.6% |
| Profit (loss) for the period before taxes | 9903 | €11,766 | €36,393 | +€24,627 | +209.3% |
| Income taxes | 67/77 | €1,100 | €1,600 | +€500 | +45.5% |
| Profit (loss) for the period | 9904 | €10,666 | €34,793 | +€24,127 | +226.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,666 | €34,793 | +€24,127 | +226.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.