ISALINE: 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.
ISALINE
Largest movements
- Tangible fixed assets -€12,921
down €12,921 (-4.5%), from €284,792 to €271,871
of which Land and buildings: -€12,094
- Financial fixed assets +€10,264
up €10,264 (+7.0%), from €146,635 to €156,900
- Cash +€7,354
up €7,354 (+379.4%), from €1,938 to €9,292
mainly Depreciation (+€12,921) and Net result for the year (+€5,841)
- Revaluation surpluses -€10,062
down €10,062 (-3.8%), from €264,977 to €254,915
- Reserves +€10,062
up €10,062 (+13.9%), from €72,420 to €82,483
- Profit (loss) carried forward +€5,841
up €5,841 (+7.1%), from €82,009 to €87,849
- Financial income +€2,288
up €2,288 (+28.6%), from €8,003 to €10,292
- Gross operating margin +€1,932
up €1,932 (+9.6%), from €20,108 to €22,040
- Taxes +€1,046
up €1,046 (+23.4%), from €4,465 to €5,511
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 | €441,825 | €448,030 | +€6,205 | +1.4% |
| Fixed assets | 21/28 | €431,428 | €428,771 | -€2,657 | -0.6% |
| Tangible fixed assets | 22/27 | €284,792 | €271,871 | -€12,921 | -4.5% |
| Land and buildings | 22 | €280,405 | €268,311 | -€12,094 | -4.3% |
| Plant, machinery and equipment | 23 | €2,216 | €1,896 | -€320 | -14.4% |
| Furniture and vehicles | 24 | €2,171 | €1,664 | -€507 | -23.3% |
| Financial fixed assets | 28 | €146,635 | €156,900 | +€10,264 | +7.0% |
| Current assets | 29/58 | €10,398 | €19,260 | +€8,862 | +85.2% |
| Amounts receivable within one year | 40/41 | €5,805 | €7,393 | +€1,589 | +27.4% |
| Other amounts receivable | 41 | €5,805 | €7,393 | +€1,589 | +27.4% |
| Cash at bank and in hand | 54/58 | €1,938 | €9,292 | +€7,354 | +379.4% |
| Deferred charges and accrued income | 490/1 | €2,654 | €2,574 | -€81 | -3.0% |
| Total equity and liabilities | 10/49 | €441,825 | €448,030 | +€6,205 | +1.4% |
| Equity | 10/15 | €439,238 | €445,078 | +€5,841 | +1.3% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Revaluation surpluses | 12 | €264,977 | €254,915 | -€10,062 | -3.8% |
| Reserves | 13 | €72,420 | €82,483 | +€10,062 | +13.9% |
| Distributable reserves | 133 | €72,420 | €82,483 | +€10,062 | +13.9% |
| Profit (loss) carried forward | 14 | €82,009 | €87,849 | +€5,841 | +7.1% |
| Amounts payable | 17/49 | €2,587 | €2,952 | +€365 | +14.1% |
| Amounts payable within one year | 42/48 | €2,546 | €2,244 | -€301 | -11.8% |
| Trade debts | 44 | €157 | €769 | +€612 | +389.0% |
| Suppliers | 440/4 | €157 | €769 | +€612 | +389.0% |
| Taxes, remuneration and social security | 45 | €2,313 | - | -€2,313 | |
| Taxes | 450/3 | €2,313 | - | -€2,313 | |
| Other amounts payable | 47/48 | €75 | €1,475 | +€1,400 | +1866.7% |
| Accrued charges and deferred income | 492/3 | €42 | €708 | +€666 | +1589.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,718 | €12,921 | +€203 | +1.6% |
| Other operating charges | 640/8 | €7,847 | €8,014 | +€167 | +2.1% |
| Gross operating margin | 9900 | €20,108 | €22,040 | +€1,932 | +9.6% |
| Operating profit (loss) | 9901 | -€457 | €1,105 | +€1,562 | |
| Financial income | 75/76B | €8,003 | €10,292 | +€2,288 | +28.6% |
| Recurring financial income | 75 | €8,003 | €10,292 | +€2,288 | +28.6% |
| Financial charges | 65/66B | €55 | €45 | -€10 | -18.0% |
| Recurring financial charges | 65 | €55 | €45 | -€10 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €7,491 | €11,352 | +€3,860 | +51.5% |
| Income taxes | 67/77 | €4,465 | €5,511 | +€1,046 | +23.4% |
| Profit (loss) for the period | 9904 | €3,026 | €5,841 | +€2,815 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,026 | €5,841 | +€2,815 | +93.0% |
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 30 September 2026 via checked.be.