ISENSE RESEARCH: 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.
ISENSE RESEARCH
Largest movements
- Cash +€10,178
up €10,178 (+51.4%), from €19,803 to €29,981
mainly Net result for the year (+€18,727) and Other debts (+€14,666)
- Tangible fixed assets +€3,751
up €3,751 (+2329.6%), from €161 to €3,912
- Receivables within one year -€3,673
down €3,673 (-33.3%), from €11,033 to €7,360
of which Other amounts receivable: -€4,933
- Other debts +€14,666
up €14,666 (+68.8%), from €21,320 to €35,986
- Trade debts -€3,337
down €3,337 (-92.6%), from €3,602 to €265
- Tax, wage and social debts -€857
down €857 (-13.8%), from €6,224 to €5,367
- Gross operating margin +€4,131
up €4,131 (+16.0%), from €25,864 to €29,994
- Taxes +€2,168
up €2,168 (+32.8%), from €6,611 to €8,779
- Depreciation +€1,628
up €1,628 (+1152.7%), from €141 to €1,770
- Other operating charges -€864
down €864 (-55.9%), from €1,546 to €682
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 | €31,147 | €41,619 | +€10,472 | +33.6% |
| Fixed assets | 21/28 | €161 | €3,912 | +€3,751 | +2329.6% |
| Tangible fixed assets | 22/27 | €161 | €3,912 | +€3,751 | +2329.6% |
| Furniture and vehicles | 24 | €161 | €3,912 | +€3,751 | +2329.6% |
| Current assets | 29/58 | €30,986 | €37,707 | +€6,721 | +21.7% |
| Amounts receivable within one year | 40/41 | €11,033 | €7,360 | -€3,673 | -33.3% |
| Trade receivables | 40 | €6,000 | €7,260 | +€1,260 | +21.0% |
| Other amounts receivable | 41 | €5,033 | €100 | -€4,933 | -98.0% |
| Cash at bank and in hand | 54/58 | €19,803 | €29,981 | +€10,178 | +51.4% |
| Deferred charges and accrued income | 490/1 | €150 | €365 | +€216 | +143.8% |
| Total equity and liabilities | 10/49 | €31,147 | €41,619 | +€10,472 | +33.6% |
| Equity | 10/15 | €0 | - | = | |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,147 | €41,619 | +€10,472 | +33.6% |
| Amounts payable within one year | 42/48 | €31,147 | €41,619 | +€10,472 | +33.6% |
| Trade debts | 44 | €3,602 | €265 | -€3,337 | -92.6% |
| Suppliers | 440/4 | €3,602 | €265 | -€3,337 | -92.6% |
| Taxes, remuneration and social security | 45 | €6,224 | €5,367 | -€857 | -13.8% |
| Taxes | 450/3 | €6,224 | €5,367 | -€857 | -13.8% |
| Other amounts payable | 47/48 | €21,320 | €35,986 | +€14,666 | +68.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | €1,770 | +€1,628 | +1152.7% |
| Other operating charges | 640/8 | €1,546 | €682 | -€864 | -55.9% |
| Gross operating margin | 9900 | €25,864 | €29,994 | +€4,131 | +16.0% |
| Operating profit (loss) | 9901 | €24,176 | €27,542 | +€3,366 | +13.9% |
| Financial income | 75/76B | €0 | €100 | +€100 | |
| Recurring financial income | 75 | €0 | €100 | +€100 | |
| Financial charges | 65/66B | €352 | €136 | -€217 | -61.5% |
| Recurring financial charges | 65 | €352 | €136 | -€217 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €23,824 | €27,506 | +€3,683 | +15.5% |
| Income taxes | 67/77 | €6,611 | €8,779 | +€2,168 | +32.8% |
| Profit (loss) for the period | 9904 | €17,213 | €18,727 | +€1,514 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,213 | €18,727 | +€1,514 | +8.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.