ISASTYLE: 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.
ISASTYLE
Largest movements
- Tangible fixed assets -€40,848
down €40,848 (-78.9%), from €51,762 to €10,913
of which Furniture and vehicles: -€42,170
- Stocks and contracts +€2,977
up €2,977 (+11.5%), from €25,778 to €28,756
- Deferred charges and accrued income -€1,382
down €1,382 (-61.9%), from €2,234 to €851
- Debts after one year -€31,019
no longer reported in 2025 (was €31,019)
- Current portion of long-term debt -€9,979
down €9,979 (-71.7%), from €13,915 to €3,936
- Trade debts +€4,195
up €4,195 (+323.7%), from €1,296 to €5,490
- Profit (loss) carried forward -€1,398
down €1,398 (-4.9%), from €28,464 to €27,066
- Gross operating margin -€17,353
down €17,353 (-60.1%), from €28,857 to €11,504
- Depreciation -€7,269
down €7,269 (-85.2%), from €8,536 to €1,267
- Other operating charges +€6,232
up €6,232 (+268.2%), from €2,323 to €8,555
- Taxes -€2,217
down €2,217 (-51.9%), from €4,274 to €2,057
- Financial charges -€879
down €879 (-38.7%), from €2,269 to €1,390
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 | €98,078 | €59,408 | -€38,670 | -39.4% |
| Fixed assets | 21/28 | €52,852 | €12,003 | -€40,848 | -77.3% |
| Tangible fixed assets | 22/27 | €51,762 | €10,913 | -€40,848 | -78.9% |
| Land and buildings | 22 | €8,070 | - | -€8,070 | |
| Plant, machinery and equipment | 23 | €491 | €9,883 | +€9,391 | +1910.9% |
| Furniture and vehicles | 24 | €43,200 | €1,031 | -€42,170 | -97.6% |
| Financial fixed assets | 28 | €1,090 | €1,090 | = | 0.0% |
| Current assets | 29/58 | €45,226 | €47,405 | +€2,178 | +4.8% |
| Stocks and contracts in progress | 3 | €25,778 | €28,756 | +€2,977 | +11.5% |
| Stocks | 30/36 | €25,778 | €28,756 | +€2,977 | +11.5% |
| Amounts receivable within one year | 40/41 | €15,639 | €16,609 | +€970 | +6.2% |
| Other amounts receivable | 41 | €15,639 | €16,609 | +€970 | +6.2% |
| Cash at bank and in hand | 54/58 | €1,575 | €1,188 | -€387 | -24.5% |
| Deferred charges and accrued income | 490/1 | €2,234 | €851 | -€1,382 | -61.9% |
| Total equity and liabilities | 10/49 | €98,078 | €59,408 | -€38,670 | -39.4% |
| Equity | 10/15 | €40,864 | €39,466 | -€1,398 | -3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,464 | €27,066 | -€1,398 | -4.9% |
| Amounts payable | 17/49 | €57,214 | €19,942 | -€37,272 | -65.1% |
| Amounts payable after more than one year | 17 | €31,019 | - | -€31,019 | |
| Financial debts | 170/4 | €31,019 | - | -€31,019 | |
| Amounts payable within one year | 42/48 | €25,310 | €19,942 | -€5,368 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €13,915 | €3,936 | -€9,979 | -71.7% |
| Trade debts | 44 | €1,296 | €5,490 | +€4,195 | +323.7% |
| Suppliers | 440/4 | €1,296 | €5,490 | +€4,195 | +323.7% |
| Taxes, remuneration and social security | 45 | €10,099 | €10,516 | +€417 | +4.1% |
| Taxes | 450/3 | €10,099 | €10,516 | +€417 | +4.1% |
| Accrued charges and deferred income | 492/3 | €886 | - | -€886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,536 | €1,267 | -€7,269 | -85.2% |
| Other operating charges | 640/8 | €2,323 | €8,555 | +€6,232 | +268.2% |
| Gross operating margin | 9900 | €28,857 | €11,504 | -€17,353 | -60.1% |
| Operating profit (loss) | 9901 | €17,998 | €1,682 | -€16,316 | -90.7% |
| Financial income | 75/76B | €3 | €367 | +€364 | +12257.6% |
| Recurring financial income | 75 | €3 | €367 | +€364 | +12257.6% |
| Financial charges | 65/66B | €2,269 | €1,390 | -€879 | -38.7% |
| Recurring financial charges | 65 | €2,269 | €1,390 | -€879 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €15,732 | €659 | -€15,073 | -95.8% |
| Income taxes | 67/77 | €4,274 | €2,057 | -€2,217 | -51.9% |
| Profit (loss) for the period | 9904 | €11,458 | -€1,398 | -€12,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,458 | -€1,398 | -€12,856 |
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.