Isamatvet: 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.
Isamatvet
Largest movements
- Financial fixed assets +€321,250
new in 2025: €321,250
- Cash +€39,151
up €39,151 (+67.6%), from €57,937 to €97,088
mainly Debts after one year (+€369,266) and Net result for the year (+€36,795)
- Receivables within one year -€4,865
down €4,865 (-32.1%), from €15,145 to €10,280
of which Trade receivables: -€4,094
- Debts after one year +€369,266
up €369,266, from €0 to €369,266
of which Other amounts payable: +€369,266
- Profit (loss) carried forward -€26,205
down €26,205 (-97.0%), from €27,003 to €798
- Tax, wage and social debts +€10,733
up €10,733 (+196%), from €5,466 to €16,200
- Gross operating margin +€13,589
up €13,589 (+34.3%), from €39,617 to €53,206
- Taxes +€5,223
up €5,223 (+62.3%), from €8,385 to €13,608
- Financial charges +€1,324
up €1,324 (+168%), from €786 to €2,110
- Depreciation -€972
no longer reported in 2025 (was €972)
- Other operating charges -€581
down €581 (-45.6%), from €1,274 to €693
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 | €73,841 | €429,482 | +€355,640 | +482% |
| Fixed assets | 21/28 | €0 | €321,250 | +€321,250 | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | - | €321,250 | +€321,250 | |
| Current assets | 29/58 | €73,841 | €108,232 | +€34,390 | +46.6% |
| Amounts receivable within one year | 40/41 | €15,145 | €10,280 | -€4,865 | -32.1% |
| Trade receivables | 40 | €14,375 | €10,280 | -€4,094 | -28.5% |
| Other amounts receivable | 41 | €770 | €0 | -€770 | -100% |
| Cash at bank and in hand | 54/58 | €57,937 | €97,088 | +€39,151 | +67.6% |
| Deferred charges and accrued income | 490/1 | €759 | €863 | +€104 | +13.8% |
| Total equity and liabilities | 10/49 | €73,841 | €429,482 | +€355,640 | +482% |
| Equity | 10/15 | €28,503 | €2,298 | -€26,205 | -91.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,003 | €798 | -€26,205 | -97.0% |
| Amounts payable | 17/49 | €45,338 | €427,183 | +€381,845 | +842% |
| Amounts payable after more than one year | 17 | €0 | €369,266 | +€369,266 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €369,266 | +€369,266 | |
| Amounts payable within one year | 42/48 | €45,338 | €57,917 | +€12,579 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €85 | €360 | +€275 | +323% |
| Suppliers | 440/4 | €85 | €360 | +€275 | +323% |
| Taxes, remuneration and social security | 45 | €5,466 | €16,200 | +€10,733 | +196% |
| Taxes | 450/3 | €5,466 | €16,200 | +€10,733 | +196% |
| Other amounts payable | 47/48 | €39,787 | €41,358 | +€1,571 | +3.9% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | - | -€972 | |
| Other operating charges | 640/8 | €1,274 | €693 | -€581 | -45.6% |
| Gross operating margin | 9900 | €39,617 | €53,206 | +€13,589 | +34.3% |
| Operating profit (loss) | 9901 | €37,370 | €52,513 | +€15,143 | +40.5% |
| Financial charges | 65/66B | €786 | €2,110 | +€1,324 | +168% |
| Recurring financial charges | 65 | €786 | €2,110 | +€1,324 | +168% |
| Profit (loss) for the period before taxes | 9903 | €36,584 | €50,403 | +€13,819 | +37.8% |
| Income taxes | 67/77 | €8,385 | €13,608 | +€5,223 | +62.3% |
| Profit (loss) for the period | 9904 | €28,199 | €36,795 | +€8,596 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,199 | €36,795 | +€8,596 | +30.5% |
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 18 October 2026 via checked.be.