ISCS: 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.
ISCS
Largest movements
- Current investments +€444,382
up €444,382 (+85.2%), from €521,845 to €966,228
- Cash +€101,182
up €101,182 (+70.2%), from €144,066 to €245,248
mainly Net result for the year (+€556,968) and Tax, wage and social debts (+€50,579)
- Reserves +€556,968
up €556,968 (+78.6%), from €708,839 to €1.3m
- Other debts -€72,759
down €72,759 (-41.7%), from €174,333 to €101,574
- Tax, wage and social debts +€50,579
up €50,579 (+127.0%), from €39,817 to €90,396
- Gross operating margin +€343,018
up €343,018 (+101.6%), from €337,483 to €680,501
- Taxes +€31,409
up €31,409 (+31.5%), from €99,593 to €131,001
- Financial income +€15,690
up €15,690 (+186.1%), from €8,432 to €24,121
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 | €942,911 | €1,477,976 | +€535,066 | +56.7% |
| Fixed assets | 21/28 | €258,284 | €247,757 | -€10,527 | -4.1% |
| Tangible fixed assets | 22/27 | €39,684 | €29,157 | -€10,527 | -26.5% |
| Land and buildings | 22 | €6,725 | €5,904 | -€821 | -12.2% |
| Plant, machinery and equipment | 23 | €9,748 | €7,032 | -€2,716 | -27.9% |
| Furniture and vehicles | 24 | €23,211 | €16,221 | -€6,990 | -30.1% |
| Financial fixed assets | 28 | €218,600 | €218,600 | = | 0.0% |
| Current assets | 29/58 | €684,627 | €1,230,220 | +€545,593 | +79.7% |
| Amounts receivable within one year | 40/41 | €18,716 | €18,745 | +€29 | +0.2% |
| Trade receivables | 40 | €18,716 | €18,745 | +€29 | +0.2% |
| Current investments | 50/53 | €521,845 | €966,228 | +€444,382 | +85.2% |
| Cash at bank and in hand | 54/58 | €144,066 | €245,248 | +€101,182 | +70.2% |
| Total equity and liabilities | 10/49 | €942,911 | €1,477,976 | +€535,066 | +56.7% |
| Equity | 10/15 | €727,439 | €1,284,407 | +€556,968 | +76.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €708,839 | €1,265,807 | +€556,968 | +78.6% |
| Distributable reserves | 133 | €708,839 | €1,265,807 | +€556,968 | +78.6% |
| Amounts payable | 17/49 | €215,472 | €193,570 | -€21,902 | -10.2% |
| Amounts payable within one year | 42/48 | €214,450 | €192,578 | -€21,872 | -10.2% |
| Trade debts | 44 | €301 | €608 | +€308 | +102.3% |
| Suppliers | 440/4 | €301 | €608 | +€308 | +102.3% |
| Taxes, remuneration and social security | 45 | €39,817 | €90,396 | +€50,579 | +127.0% |
| Taxes | 450/3 | €39,817 | €90,396 | +€50,579 | +127.0% |
| Other amounts payable | 47/48 | €174,333 | €101,574 | -€72,759 | -41.7% |
| Accrued charges and deferred income | 492/3 | €1,021 | €991 | -€30 | -2.9% |
| Non-recurring operating income | 76A | - | €352,941 | +€352,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,490 | €10,527 | +€37 | +0.4% |
| Other operating charges | 640/8 | €2,530 | €5,974 | +€3,445 | +136.2% |
| Gross operating margin | 9900 | €337,483 | €680,501 | +€343,018 | +101.6% |
| Operating profit (loss) | 9901 | €324,463 | €663,999 | +€339,536 | +104.6% |
| Financial income | 75/76B | €8,432 | €24,121 | +€15,690 | +186.1% |
| Recurring financial income | 75 | €8,432 | €24,121 | +€15,690 | +186.1% |
| Financial charges | 65/66B | €183 | €151 | -€32 | -17.4% |
| Recurring financial charges | 65 | €183 | €151 | -€32 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €332,712 | €687,969 | +€355,257 | +106.8% |
| Income taxes | 67/77 | €99,593 | €131,001 | +€31,409 | +31.5% |
| Profit (loss) for the period | 9904 | €233,119 | €556,968 | +€323,849 | +138.9% |
| Profit (loss) for the period to be appropriated | 9905 | €233,119 | €556,968 | +€323,849 | +138.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.