Isarick: 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.
Isarick
Largest movements
- Financial fixed assets -€1.3m
down €1.3m (-13.2%), from €9.9m to €8.6m
of which Companies linked by participating interests: -€8.1m
- Receivables within one year +€697,515
up €697,515 (+3.4%), from €20.6m to €21.3m
- Current investments +€401,116
up €401,116 (+44.4%), from €904,269 to €1.3m
- Profit (loss) carried forward -€384,895
down €384,895 (-2.4%), from €16.0m to €15.6m
- Financial charges +€1.0m
up €1.0m (+2303757.2%), from €44 to €1.0m
of which Non-recurring financial charges: +€1.0m
- Financial income +€92,369
up €92,369 (+14.0%), from €658,772 to €751,140
- Gross operating margin +€62,217
new in 2025: €62,217
- Taxes +€54,346
up €54,346 (+38.6%), from €140,755 to €195,101
- Services and other goods -€32,722
no longer reported in 2025 (was €32,722)
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 | €31,736,414 | €31,499,846 | -€236,568 | -0.7% |
| Fixed assets | 21/28 | €9,985,291 | €8,673,484 | -€1.3m | -13.1% |
| Tangible fixed assets | 22/27 | €46,146 | €46,146 | = | 0.0% |
| Furniture and vehicles | 24 | €46,146 | €46,146 | = | 0.0% |
| Financial fixed assets | 28 | €9,939,145 | €8,627,338 | -€1.3m | -13.2% |
| Companies linked by participating interests | 282/3 | €8,102,322 | - | -€8.1m | |
| Participating interests | 282 | €8,102,322 | - | -€8.1m | |
| Other financial fixed assets | 284/8 | €1,836,823 | - | -€1.8m | |
| Shares | 284 | €1,836,823 | - | -€1.8m | |
| Current assets | 29/58 | €21,751,123 | €22,826,362 | +€1.1m | +4.9% |
| Amounts receivable within one year | 40/41 | €20,604,885 | €21,302,400 | +€697,515 | +3.4% |
| Other amounts receivable | 41 | €20,604,885 | €21,302,400 | +€697,515 | +3.4% |
| Current investments | 50/53 | €904,269 | €1,305,384 | +€401,116 | +44.4% |
| Other investments | 51/53 | €904,269 | - | -€904,269 | |
| Cash at bank and in hand | 54/58 | €241,969 | €218,578 | -€23,391 | -9.7% |
| Total equity and liabilities | 10/49 | €31,736,414 | €31,499,846 | -€236,568 | -0.7% |
| Equity | 10/15 | €31,701,981 | €31,317,086 | -€384,895 | -1.2% |
| Contributions | 10/11 | €950,000 | €950,000 | = | 0.0% |
| Capital | 10 | €950,000 | €950,000 | = | 0.0% |
| Issued capital | 100 | €950,000 | €950,000 | = | 0.0% |
| Reserves | 13 | €14,793,841 | €14,793,841 | = | 0.0% |
| Non-distributable reserves | 130/1 | €95,000 | €95,000 | = | 0.0% |
| Legal reserve | 130 | €95,000 | €95,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €631,325 | €631,325 | = | 0.0% |
| Distributable reserves | 133 | €14,067,515 | €14,067,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,958,140 | €15,573,246 | -€384,895 | -2.4% |
| Amounts payable | 17/49 | €34,433 | €182,760 | +€148,327 | +430.8% |
| Amounts payable within one year | 42/48 | €34,433 | €182,760 | +€148,327 | +430.8% |
| Trade debts | 44 | €5,859 | €53 | -€5,806 | -99.1% |
| Suppliers | 440/4 | €5,859 | €53 | -€5,806 | -99.1% |
| Taxes, remuneration and social security | 45 | €28,573 | €182,707 | +€154,134 | +539.4% |
| Taxes | 450/3 | €28,573 | €182,707 | +€154,134 | +539.4% |
| Non-recurring operating income | 76A | - | €67,821 | +€67,821 | |
| Operating charges | 60/66A | €34,425 | - | -€34,425 | |
| Services and other goods | 61 | €32,722 | - | -€32,722 | |
| Other operating charges | 640/8 | €1,703 | €974 | -€729 | -42.8% |
| Gross operating margin | 9900 | - | €62,217 | +€62,217 | |
| Operating profit (loss) | 9901 | -€34,425 | €61,243 | +€95,668 | |
| Financial income | 75/76B | €658,772 | €751,140 | +€92,369 | +14.0% |
| Recurring financial income | 75 | €658,772 | €751,140 | +€92,369 | +14.0% |
| Income from financial fixed assets | 750 | €644,388 | - | -€644,388 | |
| Income from current assets | 751 | €14,384 | - | -€14,384 | |
| Financial charges | 65/66B | €44 | €1,002,178 | +€1.0m | +2303757.2% |
| Recurring financial charges | 65 | €44 | €116 | +€73 | +167.6% |
| Other financial charges | 652/9 | €44 | - | -€44 | |
| Non-recurring financial charges | 66B | - | €1,002,062 | +€1.0m | |
| Profit (loss) for the period before taxes | 9903 | €624,304 | -€189,794 | -€814,098 | |
| Income taxes | 67/77 | €140,755 | €195,101 | +€54,346 | +38.6% |
| Taxes | 670/3 | €149,755 | - | -€149,755 | |
| Tax adjustments and reversals of tax provisions | 77 | €9,000 | - | -€9,000 | |
| Profit (loss) for the period | 9904 | €483,549 | -€384,895 | -€868,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €483,549 | -€384,895 | -€868,444 |
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 3 October 2026 via checked.be.