ISDI: 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.
ISDI
Largest movements
- Cash -€9,668
down €9,668 (-2.7%), from €359,682 to €350,014
mainly Other debts (-€7,643) and Trade debts (-€6,433)
- Tangible fixed assets -€6,761
down €6,761 (-21.4%), from €31,637 to €24,876
of which Plant, machinery and equipment: -€3,914
- Other debts -€7,643
down €7,643 (-11.7%), from €65,188 to €57,546
- Trade debts -€6,433
down €6,433 (-75.5%), from €8,524 to €2,091
- Gross operating margin +€23,713
up €23,713, from -€16,901 to €6,812
- Taxes -€563
down €563 (-53.4%), from €1,054 to €491
- Financial charges +€184
up €184 (+112.3%), from €164 to €347
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 | €401,867 | €384,893 | -€16,974 | -4.2% |
| Fixed assets | 21/28 | €31,682 | €24,921 | -€6,761 | -21.3% |
| Tangible fixed assets | 22/27 | €31,637 | €24,876 | -€6,761 | -21.4% |
| Plant, machinery and equipment | 23 | €26,401 | €22,487 | -€3,914 | -14.8% |
| Furniture and vehicles | 24 | €5,113 | €2,266 | -€2,847 | -55.7% |
| Other tangible fixed assets | 26 | €123 | €123 | = | 0.0% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €370,185 | €359,972 | -€10,213 | -2.8% |
| Stocks and contracts in progress | 3 | €4,061 | €4,061 | = | 0.0% |
| Stocks | 30/36 | €4,061 | €4,061 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,297 | €3,395 | -€902 | -21.0% |
| Trade receivables | 40 | €4,297 | €3,395 | -€902 | -21.0% |
| Cash at bank and in hand | 54/58 | €359,682 | €350,014 | -€9,668 | -2.7% |
| Deferred charges and accrued income | 490/1 | €2,144 | €2,502 | +€358 | +16.7% |
| Total equity and liabilities | 10/49 | €401,867 | €384,893 | -€16,974 | -4.2% |
| Equity | 10/15 | €322,822 | €321,049 | -€1,772 | -0.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €176,717 | €176,717 | = | 0.0% |
| Distributable reserves | 133 | €176,717 | €176,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,604 | €137,832 | -€1,772 | -1.3% |
| Amounts payable | 17/49 | €79,045 | €63,844 | -€15,202 | -19.2% |
| Amounts payable within one year | 42/48 | €78,821 | €63,644 | -€15,178 | -19.3% |
| Trade debts | 44 | €8,524 | €2,091 | -€6,433 | -75.5% |
| Suppliers | 440/4 | €8,524 | €2,091 | -€6,433 | -75.5% |
| Taxes, remuneration and social security | 45 | €5,109 | €4,007 | -€1,102 | -21.6% |
| Taxes | 450/3 | €5,109 | €4,007 | -€1,102 | -21.6% |
| Other amounts payable | 47/48 | €65,188 | €57,546 | -€7,643 | -11.7% |
| Accrued charges and deferred income | 492/3 | €224 | €200 | -€24 | -10.7% |
| Remuneration, social security and pensions | 62 | €16 | - | -€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,761 | €6,761 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,010 | €985 | -€25 | -2.5% |
| Gross operating margin | 9900 | -€16,901 | €6,812 | +€23,713 | |
| Operating profit (loss) | 9901 | -€24,688 | -€934 | +€23,754 | +96.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -84.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -84.9% |
| Financial charges | 65/66B | €164 | €347 | +€184 | +112.3% |
| Recurring financial charges | 65 | €164 | €347 | +€184 | +112.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,851 | -€1,281 | +€23,570 | +94.8% |
| Income taxes | 67/77 | €1,054 | €491 | -€563 | -53.4% |
| Profit (loss) for the period | 9904 | -€25,905 | -€1,772 | +€24,133 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,905 | -€1,772 | +€24,133 | +93.2% |
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 6 October 2026 via checked.be.