iscas: 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.
iscas
Largest movements
- Cash +€49,863
up €49,863 (+103.2%), from €48,311 to €98,174
mainly Net result for the year (+€55,317) and Receivables within one year (+€2,337)
- Receivables within one year -€2,337
down €2,337 (-15.0%), from €15,531 to €13,194
of which Trade receivables: -€1,981
- Profit (loss) carried forward +€55,317
up €55,317 (+201.7%), from €27,420 to €82,737
- Other debts -€6,786
down €6,786 (-25.0%), from €27,175 to €20,389
- Gross operating margin +€51,674
up €51,674 (+194.7%), from €26,547 to €78,221
- Taxes +€13,737
up €13,737 (+207.1%), from €6,634 to €20,371
- Financial charges +€1,739
up €1,739 (+4451.4%), from €39 to €1,778
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 | €63,842 | €111,674 | +€47,832 | +74.9% |
| Current assets | 29/58 | €63,842 | €111,674 | +€47,832 | +74.9% |
| Amounts receivable within one year | 40/41 | €15,531 | €13,194 | -€2,337 | -15.0% |
| Trade receivables | 40 | €15,175 | €13,194 | -€1,981 | -13.1% |
| Other amounts receivable | 41 | €355 | €0 | -€355 | -100.0% |
| Cash at bank and in hand | 54/58 | €48,311 | €98,174 | +€49,863 | +103.2% |
| Deferred charges and accrued income | 490/1 | €0 | €306 | +€306 | |
| Total equity and liabilities | 10/49 | €63,842 | €111,674 | +€47,832 | +74.9% |
| Equity | 10/15 | €29,920 | €85,237 | +€55,317 | +184.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,420 | €82,737 | +€55,317 | +201.7% |
| Amounts payable | 17/49 | €33,922 | €26,437 | -€7,485 | -22.1% |
| Amounts payable within one year | 42/48 | €33,922 | €26,437 | -€7,485 | -22.1% |
| Trade debts | 44 | €102 | €222 | +€120 | +117.6% |
| Suppliers | 440/4 | €102 | €222 | +€120 | +117.6% |
| Taxes, remuneration and social security | 45 | €6,645 | €5,826 | -€819 | -12.3% |
| Taxes | 450/3 | €6,645 | €5,826 | -€819 | -12.3% |
| Other amounts payable | 47/48 | €27,175 | €20,389 | -€6,786 | -25.0% |
| Other operating charges | 640/8 | €870 | €871 | +€2 | +0.2% |
| Gross operating margin | 9900 | €26,547 | €78,221 | +€51,674 | +194.7% |
| Operating profit (loss) | 9901 | €25,677 | €77,350 | +€51,672 | +201.2% |
| Financial income | 75/76B | €0 | €116 | +€116 | |
| Recurring financial income | 75 | €0 | €116 | +€116 | |
| Financial charges | 65/66B | €39 | €1,778 | +€1,739 | +4451.4% |
| Recurring financial charges | 65 | €39 | €1,778 | +€1,739 | +4451.4% |
| Profit (loss) for the period before taxes | 9903 | €25,638 | €75,687 | +€50,049 | +195.2% |
| Income taxes | 67/77 | €6,634 | €20,371 | +€13,737 | +207.1% |
| Profit (loss) for the period | 9904 | €19,005 | €55,317 | +€36,312 | +191.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,005 | €55,317 | +€36,312 | +191.1% |
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 4 October 2026 via checked.be.