ISARTIS: 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.
ISARTIS
Largest movements
- Receivables within one year +€8,480
up €8,480 (+558.0%), from €1,520 to €10,000
of which Trade receivables: +€10,000
- Cash -€6,272
down €6,272 (-85.3%), from €7,351 to €1,079
mainly Receivables within one year (-€8,480) and Net result for the year (-€7,422)
- Stocks and contracts -€4,320
down €4,320 (-57.4%), from €7,528 to €3,208
- Other debts +€9,967
up €9,967 (+117.3%), from €8,500 to €18,467
- Profit (loss) carried forward -€7,422
down €7,422 (-76.2%), from -€9,746 to -€17,168
- Trade debts -€5,486
down €5,486 (-71.8%), from €7,645 to €2,159
- Tax, wage and social debts +€830
up €830, from €0 to €830
- Gross operating margin +€2,418
up €2,418 (+25.8%), from -€9,388 to -€6,970
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 | €16,399 | €14,287 | -€2,112 | -12.9% |
| Current assets | 29/58 | €16,399 | €14,287 | -€2,112 | -12.9% |
| Stocks and contracts in progress | 3 | €7,528 | €3,208 | -€4,320 | -57.4% |
| Stocks | 30/36 | €7,528 | €3,208 | -€4,320 | -57.4% |
| Amounts receivable within one year | 40/41 | €1,520 | €10,000 | +€8,480 | +558.0% |
| Trade receivables | 40 | €0 | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €1,520 | €0 | -€1,520 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,351 | €1,079 | -€6,272 | -85.3% |
| Total equity and liabilities | 10/49 | €16,399 | €14,287 | -€2,112 | -12.9% |
| Equity | 10/15 | €254 | -€7,168 | -€7,422 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,746 | -€17,168 | -€7,422 | -76.2% |
| Amounts payable | 17/49 | €16,145 | €21,455 | +€5,310 | +32.9% |
| Amounts payable within one year | 42/48 | €16,145 | €21,455 | +€5,310 | +32.9% |
| Trade debts | 44 | €7,645 | €2,159 | -€5,486 | -71.8% |
| Suppliers | 440/4 | €7,645 | €2,159 | -€5,486 | -71.8% |
| Taxes, remuneration and social security | 45 | €0 | €830 | +€830 | |
| Taxes | 450/3 | €0 | €830 | +€830 | |
| Other amounts payable | 47/48 | €8,500 | €18,467 | +€9,967 | +117.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€9,388 | -€6,970 | +€2,418 | +25.8% |
| Operating profit (loss) | 9901 | -€9,775 | -€7,370 | +€2,405 | +24.6% |
| Financial income | 75/76B | €60 | €24 | -€36 | -59.5% |
| Recurring financial income | 75 | €60 | €24 | -€36 | -59.5% |
| Financial charges | 65/66B | €32 | €77 | +€45 | +142.9% |
| Recurring financial charges | 65 | €32 | €77 | +€45 | +142.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,746 | -€7,422 | +€2,324 | +23.8% |
| Profit (loss) for the period | 9904 | -€9,746 | -€7,422 | +€2,324 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,746 | -€7,422 | +€2,324 | +23.8% |
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 6 October 2026 via checked.be.