ISBALDE Solutions: 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.
ISBALDE Solutions
Largest movements
- Receivables within one year -€20,231
down €20,231 (-26.6%), from €75,958 to €55,727
of which Trade receivables: -€20,156
- Deferred charges and accrued income -€861
no longer reported in 2025 (was €861)
- Profit (loss) carried forward -€14,321
down €14,321 (-34.9%), from €40,976 to €26,655
- Tax, wage and social debts -€4,583
down €4,583 (-35.3%), from €12,975 to €8,392
- Current portion of long-term debt -€1,766
no longer reported in 2025 (was €1,766)
- Gross operating margin -€52,681
down €52,681, from €38,148 to -€14,533
- Taxes -€10,101
down €10,101 (-92.1%), from €10,968 to €867
- Financial charges -€1,059
down €1,059 (-71.4%), from €1,482 to €423
- Financial income +€528
up €528 (+47.1%), from €1,120 to €1,648
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €76,963 | €55,775 | -€21,188 | -27.5% |
| Fixed assets | 21/28 | €144 | - | -€144 | |
| Tangible fixed assets | 22/27 | €144 | - | -€144 | |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Current assets | 29/58 | €76,819 | €55,775 | -€21,044 | -27.4% |
| Amounts receivable within one year | 40/41 | €75,958 | €55,727 | -€20,231 | -26.6% |
| Trade receivables | 40 | €20,156 | - | -€20,156 | |
| Other amounts receivable | 41 | €55,802 | €55,727 | -€75 | -0.1% |
| Cash at bank and in hand | 54/58 | - | €48 | +€48 | |
| Deferred charges and accrued income | 490/1 | €861 | - | -€861 | |
| Total equity and liabilities | 10/49 | €76,963 | €55,775 | -€21,188 | -27.5% |
| Equity | 10/15 | €48,470 | €34,149 | -€14,321 | -29.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,494 | €5,494 | = | 0.0% |
| Distributable reserves | 133 | €5,494 | €5,494 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,976 | €26,655 | -€14,321 | -34.9% |
| Amounts payable | 17/49 | €28,493 | €21,625 | -€6,868 | -24.1% |
| Amounts payable within one year | 42/48 | €28,493 | €21,625 | -€6,868 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €1,766 | - | -€1,766 | |
| Financial debts | 43 | €488 | - | -€488 | |
| Credit institutions | 430/8 | €488 | - | -€488 | |
| Trade debts | 44 | €1,764 | €1,733 | -€31 | -1.7% |
| Suppliers | 440/4 | €1,764 | €1,733 | -€31 | -1.7% |
| Taxes, remuneration and social security | 45 | €12,975 | €8,392 | -€4,583 | -35.3% |
| Taxes | 450/3 | €12,975 | €8,392 | -€4,583 | -35.3% |
| Other amounts payable | 47/48 | €11,500 | €11,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €144 | -€222 | -60.6% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €38,148 | -€14,533 | -€52,681 | |
| Operating profit (loss) | 9901 | €37,398 | -€14,678 | -€52,076 | |
| Financial income | 75/76B | €1,120 | €1,648 | +€528 | +47.1% |
| Recurring financial income | 75 | €1,120 | €1,648 | +€528 | +47.1% |
| Financial charges | 65/66B | €1,482 | €423 | -€1,059 | -71.4% |
| Recurring financial charges | 65 | €1,482 | €423 | -€1,059 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €37,036 | -€13,453 | -€50,489 | |
| Income taxes | 67/77 | €10,968 | €867 | -€10,101 | -92.1% |
| Profit (loss) for the period | 9904 | €26,068 | -€14,320 | -€40,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,068 | -€14,320 | -€40,388 |
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 2 October 2026 via checked.be.