ISALUTION: 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.
ISALUTION
Largest movements
- Cash +€46,696
up €46,696 (+275%), from €17,000 to €63,696
mainly Net result for the year (+€59,437) and Receivables within one year (+€34,240)
- Receivables within one year -€34,240
down €34,240 (-57.3%), from €59,739 to €25,499
- Receivables after one year -€17,500
no longer reported in 2025 (was €17,500)
- Deferred charges and accrued income -€1,005
down €1,005 (-28.6%), from €3,514 to €2,509
- Tax, wage and social debts -€9,856
down €9,856 (-45.3%), from €21,749 to €11,893
- Other debts +€2,383
up €2,383 (+4.2%), from €56,741 to €59,123
- Gross operating margin +€3,035
up €3,035 (+4.1%), from €74,258 to €77,293
- Financial income -€997
down €997 (-94.9%), from €1,051 to €54
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 | €99,801 | €92,856 | -€6,946 | -7.0% |
| Fixed assets | 21/28 | €2,049 | €1,152 | -€897 | -43.8% |
| Tangible fixed assets | 22/27 | €2,049 | €1,152 | -€897 | -43.8% |
| Furniture and vehicles | 24 | €2,049 | €1,152 | -€897 | -43.8% |
| Current assets | 29/58 | €97,752 | €91,703 | -€6,049 | -6.2% |
| Amounts receivable after more than one year | 29 | €17,500 | - | -€17,500 | |
| Other amounts receivable | 291 | €17,500 | - | -€17,500 | |
| Amounts receivable within one year | 40/41 | €59,739 | €25,499 | -€34,240 | -57.3% |
| Trade receivables | 40 | €59,739 | €25,499 | -€34,240 | -57.3% |
| Cash at bank and in hand | 54/58 | €17,000 | €63,696 | +€46,696 | +275% |
| Deferred charges and accrued income | 490/1 | €3,514 | €2,509 | -€1,005 | -28.6% |
| Total equity and liabilities | 10/49 | €99,801 | €92,856 | -€6,946 | -7.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €79,341 | €72,396 | -€6,946 | -8.8% |
| Amounts payable within one year | 42/48 | €79,341 | €72,396 | -€6,946 | -8.8% |
| Financial debts | 43 | - | €392 | +€392 | |
| Credit institutions | 430/8 | - | €392 | +€392 | |
| Trade debts | 44 | €851 | €988 | +€136 | +16.0% |
| Suppliers | 440/4 | €851 | €988 | +€136 | +16.0% |
| Taxes, remuneration and social security | 45 | €21,749 | €11,893 | -€9,856 | -45.3% |
| Taxes | 450/3 | €21,749 | €11,893 | -€9,856 | -45.3% |
| Other amounts payable | 47/48 | €56,741 | €59,123 | +€2,383 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,452 | €897 | -€555 | -38.2% |
| Other operating charges | 640/8 | €450 | €400 | -€51 | -11.2% |
| Gross operating margin | 9900 | €74,258 | €77,293 | +€3,035 | +4.1% |
| Operating profit (loss) | 9901 | €72,356 | €75,997 | +€3,641 | +5.0% |
| Financial income | 75/76B | €1,051 | €54 | -€997 | -94.9% |
| Recurring financial income | 75 | €1,051 | €54 | -€997 | -94.9% |
| Financial charges | 65/66B | €657 | €210 | -€447 | -68.1% |
| Recurring financial charges | 65 | €657 | €210 | -€447 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €72,749 | €75,841 | +€3,092 | +4.2% |
| Income taxes | 67/77 | €15,695 | €16,404 | +€710 | +4.5% |
| Profit (loss) for the period | 9904 | €57,055 | €59,437 | +€2,382 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,055 | €59,437 | +€2,382 | +4.2% |
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 14 October 2026 via checked.be.