ISBL: 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.
ISBL
Largest movements
- Cash +€24,951
up €24,951 (+53.5%), from €46,639 to €71,590
mainly Net result for the year (+€32,835) and Other debts (+€1,041)
- Tangible fixed assets +€8,519
new in 2025: €8,519
- Reserves +€32,835
up €32,835 (+91.0%), from €36,086 to €68,921
- Other debts +€1,041
up €1,041 (+124.3%), from €837 to €1,878
- Gross operating margin +€3,919
up €3,919 (+10.4%), from €37,611 to €41,530
- Taxes +€722
up €722 (+9.5%), from €7,641 to €8,363
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 | €46,639 | €80,263 | +€33,623 | +72.1% |
| Fixed assets | 21/28 | - | €8,519 | +€8,519 | |
| Tangible fixed assets | 22/27 | - | €8,519 | +€8,519 | |
| Plant, machinery and equipment | 23 | - | €8,519 | +€8,519 | |
| Current assets | 29/58 | €46,639 | €71,743 | +€25,104 | +53.8% |
| Cash at bank and in hand | 54/58 | €46,639 | €71,590 | +€24,951 | +53.5% |
| Deferred charges and accrued income | 490/1 | - | €153 | +€153 | |
| Total equity and liabilities | 10/49 | €46,639 | €80,263 | +€33,623 | +72.1% |
| Equity | 10/15 | €41,086 | €73,921 | +€32,835 | +79.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,086 | €68,921 | +€32,835 | +91.0% |
| Distributable reserves | 133 | €36,086 | €68,921 | +€32,835 | +91.0% |
| Amounts payable | 17/49 | €5,553 | €6,341 | +€788 | +14.2% |
| Amounts payable within one year | 42/48 | €5,553 | €6,341 | +€788 | +14.2% |
| Taxes, remuneration and social security | 45 | €4,716 | €4,463 | -€253 | -5.4% |
| Taxes | 450/3 | €4,716 | €4,463 | -€253 | -5.4% |
| Other amounts payable | 47/48 | €837 | €1,878 | +€1,041 | +124.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €302 | +€302 | |
| Other operating charges | 640/8 | €300 | €0 | -€300 | -100.0% |
| Gross operating margin | 9900 | €37,611 | €41,530 | +€3,919 | +10.4% |
| Operating profit (loss) | 9901 | €37,311 | €41,228 | +€3,917 | +10.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | - | €30 | +€30 | |
| Recurring financial charges | 65 | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €37,311 | €41,198 | +€3,887 | +10.4% |
| Income taxes | 67/77 | €7,641 | €8,363 | +€722 | +9.5% |
| Profit (loss) for the period | 9904 | €29,670 | €32,835 | +€3,165 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,670 | €32,835 | +€3,165 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.