ISAMED: 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.
ISAMED
Largest movements
- Cash -€48,284
down €48,284 (-29.1%), from €165,819 to €117,535
mainly Contributions, distributions and other (-€140,588) and Tax, wage and social debts (-€11,222)
- Receivables within one year -€9,000
no longer reported in 2025 (was €9,000)
- Tangible fixed assets -€6,400
down €6,400 (-46.7%), from €13,709 to €7,309
of which Furniture and vehicles: -€6,000
- Profit (loss) carried forward -€85,136
down €85,136 (-99.7%), from €85,358 to €222
- Other debts +€24,094
up €24,094 (+43.8%), from €55,070 to €79,164
- Trade debts +€14,297
up €14,297 (+21995.4%), from €65 to €14,362
- Tax, wage and social debts -€11,222
down €11,222 (-28.5%), from €39,318 to €28,096
of which Remuneration and social security: -€10,000
- Current portion of long-term debt -€5,717
no longer reported in 2025 (was €5,717)
- Gross operating margin -€27,866
down €27,866 (-25.6%), from €109,015 to €81,149
- Taxes -€3,785
down €3,785 (-16.8%), from €22,485 to €18,700
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 | €188,528 | €124,844 | -€63,684 | -33.8% |
| Fixed assets | 21/28 | €13,709 | €7,309 | -€6,400 | -46.7% |
| Tangible fixed assets | 22/27 | €13,709 | €7,309 | -€6,400 | -46.7% |
| Land and buildings | 22 | €3,326 | €2,926 | -€400 | -12.0% |
| Furniture and vehicles | 24 | €10,383 | €4,383 | -€6,000 | -57.8% |
| Current assets | 29/58 | €174,819 | €117,535 | -€57,284 | -32.8% |
| Amounts receivable within one year | 40/41 | €9,000 | - | -€9,000 | |
| Other amounts receivable | 41 | €9,000 | - | -€9,000 | |
| Cash at bank and in hand | 54/58 | €165,819 | €117,535 | -€48,284 | -29.1% |
| Total equity and liabilities | 10/49 | €188,528 | €124,844 | -€63,684 | -33.8% |
| Equity | 10/15 | €88,358 | €3,222 | -€85,136 | -96.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,358 | €222 | -€85,136 | -99.7% |
| Amounts payable | 17/49 | €100,170 | €121,622 | +€21,452 | +21.4% |
| Amounts payable within one year | 42/48 | €100,170 | €121,622 | +€21,452 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €5,717 | - | -€5,717 | |
| Trade debts | 44 | €65 | €14,362 | +€14,297 | +21995.4% |
| Suppliers | 440/4 | €65 | €14,362 | +€14,297 | +21995.4% |
| Taxes, remuneration and social security | 45 | €39,318 | €28,096 | -€11,222 | -28.5% |
| Taxes | 450/3 | €29,318 | €28,096 | -€1,222 | -4.2% |
| Remuneration and social security | 454/9 | €10,000 | - | -€10,000 | |
| Other amounts payable | 47/48 | €55,070 | €79,164 | +€24,094 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,400 | €6,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,319 | €400 | -€919 | -69.7% |
| Gross operating margin | 9900 | €109,015 | €81,149 | -€27,866 | -25.6% |
| Operating profit (loss) | 9901 | €101,296 | €74,349 | -€26,947 | -26.6% |
| Financial income | 75/76B | €6 | €15 | +€9 | +150.0% |
| Recurring financial income | 75 | €6 | €15 | +€9 | +150.0% |
| Financial charges | 65/66B | €272 | €212 | -€60 | -22.1% |
| Recurring financial charges | 65 | €272 | €212 | -€60 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €101,030 | €74,152 | -€26,878 | -26.6% |
| Income taxes | 67/77 | €22,485 | €18,700 | -€3,785 | -16.8% |
| Profit (loss) for the period | 9904 | €78,545 | €55,452 | -€23,093 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,545 | €55,452 | -€23,093 | -29.4% |
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 2 October 2026 via checked.be.