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ISCARE: 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.

What changed

ISCARE

BE 0804.855.223
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,092
2024 · €88,034-€51,941
Equity
€199,419
2024 · €163,326+€36,092
Cash
€100,903
2024 · €84,350+€16,552
Balance sheet total
€247,026
2024 · €200,010+€47,016

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€34,487

    up €34,487 (+34.5%), from €99,946 to €134,433

  • Cash +€16,552

    up €16,552 (+19.6%), from €84,350 to €100,903

    mainly Net result for the year (+€36,092) and Tax, wage and social debts (+€10,264)

  • Deferred charges and accrued income -€3,350

    down €3,350 (-25.8%), from €13,000 to €9,650

Equity and liabilities
  • Reserves +€36,092

    up €36,092 (+22.8%), from €158,326 to €194,419

  • Tax, wage and social debts +€10,264

    up €10,264 (+28.0%), from €36,634 to €46,898

Income statement
  • Gross operating margin -€79,269

    down €79,269 (-65.3%), from €121,451 to €42,182

  • Taxes -€26,370

    down €26,370 (-72.0%), from €36,634 to €10,264

  • Financial income +€1,467

    up €1,467 (+30.0%), from €4,883 to €6,351

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €88,034
Gross operating margin -€79,269
Depreciation -€440
Financial income +€1,467
Financial charges -€69
Taxes +€26,370
Result 2025 €36,092

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,986
Investment -€1,434
Financing €0
Cash 2024 €84,350
Net result for the year +€36,092
Depreciation +€2,107
Receivables within one year -€34,487
Deferred charges and accrued income +€3,350
Trade debts +€660
Tax, wage and social debts +€10,264
Investment in fixed assets (net) -€1,434
Cash 2025 €100,903
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €200,010 €247,026 +€47,016 +23.5%
Fixed assets 21/28 €2,713 €2,040 -€673 -24.8%
Tangible fixed assets 22/27 €2,713 €2,040 -€673 -24.8%
Furniture and vehicles 24 €2,713 €2,040 -€673 -24.8%
Current assets 29/58 €197,297 €244,986 +€47,689 +24.2%
Amounts receivable within one year 40/41 €99,946 €134,433 +€34,487 +34.5%
Other amounts receivable 41 €99,946 €134,433 +€34,487 +34.5%
Cash at bank and in hand 54/58 €84,350 €100,903 +€16,552 +19.6%
Deferred charges and accrued income 490/1 €13,000 €9,650 -€3,350 -25.8%
Total equity and liabilities 10/49 €200,010 €247,026 +€47,016 +23.5%
Equity 10/15 €163,326 €199,419 +€36,092 +22.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €158,326 €194,419 +€36,092 +22.8%
Distributable reserves 133 €158,326 €194,419 +€36,092 +22.8%
Amounts payable 17/49 €36,684 €47,608 +€10,924 +29.8%
Amounts payable within one year 42/48 €36,684 €47,608 +€10,924 +29.8%
Trade debts 44 €50 €710 +€660 +1321.9%
Suppliers 440/4 €50 €710 +€660 +1321.9%
Taxes, remuneration and social security 45 €36,634 €46,898 +€10,264 +28.0%
Taxes 450/3 €36,634 €46,898 +€10,264 +28.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,667 €2,107 +€440 +26.4%
Gross operating margin 9900 €121,451 €42,182 -€79,269 -65.3%
Operating profit (loss) 9901 €119,784 €40,075 -€79,709 -66.5%
Financial income 75/76B €4,883 €6,351 +€1,467 +30.0%
Recurring financial income 75 €4,883 €6,351 +€1,467 +30.0%
Financial charges 65/66B €0 €69 +€69 +46060.0%
Recurring financial charges 65 €0 €69 +€69 +46060.0%
Profit (loss) for the period before taxes 9903 €124,667 €46,356 -€78,311 -62.8%
Income taxes 67/77 €36,634 €10,264 -€26,370 -72.0%
Profit (loss) for the period 9904 €88,034 €36,092 -€51,941 -59.0%
Profit (loss) for the period to be appropriated 9905 €88,034 €36,092 -€51,941 -59.0%

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 30 September 2026 via checked.be.