ISARIS: 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.
ISARIS
Largest movements
- Receivables within one year +€46,140
up €46,140 (+48.9%), from €94,370 to €140,510
of which Trade receivables: +€43,801
- Cash -€25,007
down €25,007 (-70.5%), from €35,465 to €10,458
mainly Receivables within one year (-€46,140) and Tax, wage and social debts (-€6,052)
- Tangible fixed assets -€9,460
down €9,460 (-25.2%), from €37,562 to €28,102
of which Furniture and vehicles: -€9,094
- Other debts +€10,007
up €10,007 (+5.6%), from €178,506 to €188,514
- Profit (loss) carried forward +€7,597
up €7,597 (+27.4%), from €27,690 to €35,288
- Tax, wage and social debts -€6,052
down €6,052 (-71.3%), from €8,483 to €2,431
- Gross operating margin -€11,077
down €11,077 (-29.0%), from €38,177 to €27,100
- Taxes -€2,270
down €2,270 (-36.6%), from €6,201 to €3,931
- Other operating charges -€2,108
down €2,108 (-64.9%), from €3,248 to €1,140
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 | €482,937 | €494,622 | +€11,685 | +2.4% |
| Fixed assets | 21/28 | €352,870 | €343,410 | -€9,460 | -2.7% |
| Tangible fixed assets | 22/27 | €37,562 | €28,102 | -€9,460 | -25.2% |
| Land and buildings | 22 | €1,181 | €967 | -€214 | -18.1% |
| Furniture and vehicles | 24 | €35,480 | €26,386 | -€9,094 | -25.6% |
| Other tangible fixed assets | 26 | €900 | €749 | -€151 | -16.8% |
| Financial fixed assets | 28 | €315,308 | €315,308 | = | 0.0% |
| Current assets | 29/58 | €130,067 | €151,212 | +€21,145 | +16.3% |
| Amounts receivable within one year | 40/41 | €94,370 | €140,510 | +€46,140 | +48.9% |
| Trade receivables | 40 | €93,553 | €137,354 | +€43,801 | +46.8% |
| Other amounts receivable | 41 | €817 | €3,156 | +€2,339 | +286.1% |
| Cash at bank and in hand | 54/58 | €35,465 | €10,458 | -€25,007 | -70.5% |
| Deferred charges and accrued income | 490/1 | €232 | €244 | +€12 | +5.1% |
| Total equity and liabilities | 10/49 | €482,937 | €494,622 | +€11,685 | +2.4% |
| Equity | 10/15 | €122,234 | €129,831 | +€7,597 | +6.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €32,544 | €32,544 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €26,344 | €26,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,690 | €35,288 | +€7,597 | +27.4% |
| Amounts payable | 17/49 | €360,703 | €364,790 | +€4,088 | +1.1% |
| Amounts payable after more than one year | 17 | €107,000 | €107,000 | = | 0.0% |
| Financial debts | 170/4 | €107,000 | €107,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €229,243 | €228,405 | -€838 | -0.4% |
| Trade debts | 44 | €6,793 | €2,000 | -€4,793 | -70.6% |
| Suppliers | 440/4 | €6,793 | €2,000 | -€4,793 | -70.6% |
| Advances received on contracts in progress | 46 | €35,460 | €35,460 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,483 | €2,431 | -€6,052 | -71.3% |
| Taxes | 450/3 | €8,483 | €2,431 | -€6,052 | -71.3% |
| Other amounts payable | 47/48 | €178,506 | €188,514 | +€10,007 | +5.6% |
| Accrued charges and deferred income | 492/3 | €24,460 | €29,386 | +€4,926 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,460 | €9,460 | = | 0.0% |
| Other operating charges | 640/8 | €3,248 | €1,140 | -€2,108 | -64.9% |
| Gross operating margin | 9900 | €38,177 | €27,100 | -€11,077 | -29.0% |
| Operating profit (loss) | 9901 | €25,470 | €16,500 | -€8,969 | -35.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,971 | €4,972 | +€1 | 0.0% |
| Recurring financial charges | 65 | €4,971 | €4,972 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €20,499 | €11,529 | -€8,970 | -43.8% |
| Income taxes | 67/77 | €6,201 | €3,931 | -€2,270 | -36.6% |
| Profit (loss) for the period | 9904 | €14,298 | €7,597 | -€6,701 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,298 | €7,597 | -€6,701 | -46.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.