iScape: what changed
Two financial 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.
iScape
Largest movements
- Tangible fixed assets +€21,869
up €21,869 (+7.3%), from €297,893 to €319,762
of which Furniture and vehicles: +€37,971
- Cash -€18,153
down €18,153 (-28.1%), from €64,502 to €46,350
mainly Investment in fixed assets (net) (-€47,225) and Other debts (-€27,069)
- Current investments +€9,265
up €9,265 (+46.3%), from €20,000 to €29,265
- Reserves +€150,144
up €150,144 (+8,072%), from €1,860 to €152,004
- Profit (loss) carried forward -€106,524
no longer reported in 2025 (was €106,524)
- Other debts -€27,069
down €27,069 (-25.6%), from €105,845 to €78,775
- Debts after one year -€17,297
down €17,297 (-10.3%), from €168,670 to €151,373
- Tax, wage and social debts +€9,385
up €9,385 (+313%), from €3,000 to €12,385
- Other operating charges -€9,740
down €9,740 (-97.4%), from €10,000 to €260
- Depreciation +€5,652
up €5,652 (+28.7%), from €19,705 to €25,357
- Gross operating margin +€1,441
up €1,441 (+1.6%), from €91,784 to €93,226
- Taxes +€1,113
up €1,113 (+11.0%), from €10,104 to €11,217
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.
Derived cash bridge
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 | €432,207 | €440,755 | +€8,548 | +2.0% |
| Fixed assets | 21/28 | €297,893 | €319,762 | +€21,869 | +7.3% |
| Tangible fixed assets | 22/27 | €297,893 | €319,762 | +€21,869 | +7.3% |
| Land and buildings | 22 | €270,067 | €260,129 | -€9,938 | -3.7% |
| Plant, machinery and equipment | 23 | €18,334 | €12,170 | -€6,164 | -33.6% |
| Furniture and vehicles | 24 | €9,492 | €47,463 | +€37,971 | +400% |
| Current assets | 29/58 | €134,313 | €120,993 | -€13,321 | -9.9% |
| Stocks and contracts in progress | 3 | €6,123 | €5,510 | -€612 | -10.0% |
| Stocks | 30/36 | €6,123 | €5,510 | -€612 | -10.0% |
| Amounts receivable within one year | 40/41 | €43,581 | €39,278 | -€4,303 | -9.9% |
| Trade receivables | 40 | €29,488 | €34,364 | +€4,876 | +16.5% |
| Other amounts receivable | 41 | €14,093 | €4,914 | -€9,179 | -65.1% |
| Current investments | 50/53 | €20,000 | €29,265 | +€9,265 | +46.3% |
| Cash at bank and in hand | 54/58 | €64,502 | €46,350 | -€18,153 | -28.1% |
| Deferred charges and accrued income | 490/1 | €108 | €590 | +€483 | +448% |
| Total equity and liabilities | 10/49 | €432,207 | €440,755 | +€8,548 | +2.0% |
| Equity | 10/15 | €126,984 | €170,604 | +€43,620 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €152,004 | +€150,144 | +8,072% |
| Distributable reserves | 133 | €1,860 | €152,004 | +€150,144 | +8,072% |
| Profit (loss) carried forward | 14 | €106,524 | - | -€106,524 | |
| Amounts payable | 17/49 | €305,223 | €270,151 | -€35,072 | -11.5% |
| Amounts payable after more than one year | 17 | €168,670 | €151,373 | -€17,297 | -10.3% |
| Financial debts | 170/4 | €168,670 | €151,373 | -€17,297 | -10.3% |
| Amounts payable within one year | 42/48 | €131,171 | €113,304 | -€17,866 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €18,020 | €18,709 | +€689 | +3.8% |
| Trade debts | 44 | €4,306 | €3,435 | -€872 | -20.2% |
| Suppliers | 440/4 | €4,306 | €3,435 | -€872 | -20.2% |
| Taxes, remuneration and social security | 45 | €3,000 | €12,385 | +€9,385 | +313% |
| Taxes | 450/3 | €3,000 | €12,385 | +€9,385 | +313% |
| Other amounts payable | 47/48 | €105,845 | €78,775 | -€27,069 | -25.6% |
| Accrued charges and deferred income | 492/3 | €5,383 | €5,474 | +€91 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,705 | €25,357 | +€5,652 | +28.7% |
| Other operating charges | 640/8 | €10,000 | €260 | -€9,740 | -97.4% |
| Gross operating margin | 9900 | €91,784 | €93,226 | +€1,441 | +1.6% |
| Operating profit (loss) | 9901 | €62,079 | €67,609 | +€5,529 | +8.9% |
| Financial income | 75/76B | €139 | €436 | +€297 | +215% |
| Recurring financial income | 75 | €139 | €436 | +€297 | +215% |
| Financial charges | 65/66B | €12,631 | €13,208 | +€577 | +4.6% |
| Recurring financial charges | 65 | €12,631 | €13,208 | +€577 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €49,587 | €54,837 | +€5,250 | +10.6% |
| Income taxes | 67/77 | €10,104 | €11,217 | +€1,113 | +11.0% |
| Profit (loss) for the period | 9904 | €39,483 | €43,620 | +€4,137 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,483 | €43,620 | +€4,137 | +10.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.