ISANOT: 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.
ISANOT
Largest movements
- Cash +€23,665
up €23,665 (+11.9%), from €199,310 to €222,975
mainly Net result for the year (+€20,178) and Other debts (+€4,517)
- Reserves +€20,178
up €20,178 (+9.7%), from €207,107 to €227,285
- Other debts +€4,517
up €4,517 (+112.0%), from €4,034 to €8,551
- Gross operating margin -€20,723
down €20,723 (-39.6%), from €52,392 to €31,668
- Taxes -€6,139
down €6,139 (-40.2%), from €15,254 to €9,115
- Depreciation +€1,686
up €1,686 (+173.6%), from €971 to €2,658
- Financial income -€701
down €701 (-29.1%), from €2,404 to €1,704
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 | €233,077 | €255,924 | +€22,847 | +9.8% |
| Fixed assets | 21/28 | €6,515 | €5,579 | -€936 | -14.4% |
| Tangible fixed assets | 22/27 | €6,515 | €5,579 | -€936 | -14.4% |
| Furniture and vehicles | 24 | €6,515 | €5,579 | -€936 | -14.4% |
| Current assets | 29/58 | €226,562 | €250,345 | +€23,783 | +10.5% |
| Amounts receivable within one year | 40/41 | €13,691 | €13,756 | +€65 | +0.5% |
| Trade receivables | 40 | €13,691 | €10,342 | -€3,349 | -24.5% |
| Other amounts receivable | 41 | - | €3,414 | +€3,414 | |
| Current investments | 50/53 | €12,067 | €11,743 | -€325 | -2.7% |
| Cash at bank and in hand | 54/58 | €199,310 | €222,975 | +€23,665 | +11.9% |
| Deferred charges and accrued income | 490/1 | €1,493 | €1,871 | +€378 | +25.3% |
| Total equity and liabilities | 10/49 | €233,077 | €255,924 | +€22,847 | +9.8% |
| Equity | 10/15 | €219,507 | €239,685 | +€20,178 | +9.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €207,107 | €227,285 | +€20,178 | +9.7% |
| Distributable reserves | 133 | €207,107 | €227,285 | +€20,178 | +9.7% |
| Amounts payable | 17/49 | €13,570 | €16,239 | +€2,670 | +19.7% |
| Amounts payable within one year | 42/48 | €13,554 | €16,098 | +€2,545 | +18.8% |
| Trade debts | 44 | €2,181 | €1,697 | -€485 | -22.2% |
| Suppliers | 440/4 | €2,181 | €1,697 | -€485 | -22.2% |
| Taxes, remuneration and social security | 45 | €7,339 | €5,851 | -€1,488 | -20.3% |
| Taxes | 450/3 | €5,339 | €3,851 | -€1,488 | -27.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,034 | €8,551 | +€4,517 | +112.0% |
| Accrued charges and deferred income | 492/3 | €16 | €141 | +€125 | +783.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €2,658 | +€1,686 | +173.6% |
| Other operating charges | 640/8 | €892 | €924 | +€32 | +3.5% |
| Gross operating margin | 9900 | €52,392 | €31,668 | -€20,723 | -39.6% |
| Operating profit (loss) | 9901 | €50,528 | €28,087 | -€22,441 | -44.4% |
| Financial income | 75/76B | €2,404 | €1,704 | -€701 | -29.1% |
| Recurring financial income | 75 | €2,404 | €1,704 | -€701 | -29.1% |
| Financial charges | 65/66B | €492 | €498 | +€6 | +1.2% |
| Recurring financial charges | 65 | €492 | €498 | +€6 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €52,441 | €29,292 | -€23,148 | -44.1% |
| Income taxes | 67/77 | €15,254 | €9,115 | -€6,139 | -40.2% |
| Profit (loss) for the period | 9904 | €37,186 | €20,178 | -€17,009 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,186 | €20,178 | -€17,009 | -45.7% |
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 10 October 2026 via checked.be.