ISEPRO: 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.
ISEPRO
Largest movements
- Tangible fixed assets +€36,264
up €36,264 (+35.0%), from €103,544 to €139,808
of which Furniture and vehicles: +€37,686
- Receivables within one year -€7,194
down €7,194 (-49.7%), from €14,488 to €7,294
of which Trade receivables: -€4,728
- Reserves +€29,355
up €29,355 (+7.1%), from €411,269 to €440,624
- Taxes +€7,545
up €7,545 (+38.5%), from €19,602 to €27,147
- Depreciation +€5,287
up €5,287 (+95.6%), from €5,530 to €10,817
- Gross operating margin +€4,731
up €4,731 (+3.4%), from €137,272 to €142,003
- Financial income +€4,724
up €4,724 (+61.2%), from €7,725 to €12,449
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.
Derived cash bridge
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 | €433,697 | €464,551 | +€30,854 | +7.1% |
| Fixed assets | 21/28 | €103,544 | €139,808 | +€36,264 | +35.0% |
| Tangible fixed assets | 22/27 | €103,544 | €139,808 | +€36,264 | +35.0% |
| Land and buildings | 22 | €96,869 | €96,869 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,390 | €1,968 | -€1,422 | -41.9% |
| Furniture and vehicles | 24 | €3,285 | €40,971 | +€37,686 | +1,147% |
| Current assets | 29/58 | €330,153 | €324,743 | -€5,410 | -1.6% |
| Amounts receivable within one year | 40/41 | €14,488 | €7,294 | -€7,194 | -49.7% |
| Trade receivables | 40 | €11,659 | €6,931 | -€4,728 | -40.6% |
| Other amounts receivable | 41 | €2,829 | €363 | -€2,466 | -87.2% |
| Cash at bank and in hand | 54/58 | €315,665 | €317,449 | +€1,784 | +0.6% |
| Total equity and liabilities | 10/49 | €433,697 | €464,551 | +€30,854 | +7.1% |
| Equity | 10/15 | €429,861 | €459,216 | +€29,355 | +6.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €411,269 | €440,624 | +€29,355 | +7.1% |
| Distributable reserves | 133 | €411,269 | €440,624 | +€29,355 | +7.1% |
| Amounts payable | 17/49 | €3,836 | €5,335 | +€1,499 | +39.1% |
| Amounts payable within one year | 42/48 | €3,836 | €5,335 | +€1,499 | +39.1% |
| Trade debts | 44 | €601 | €2,095 | +€1,494 | +249% |
| Suppliers | 440/4 | €601 | €2,095 | +€1,494 | +249% |
| Taxes, remuneration and social security | 45 | €3,235 | €3,240 | +€5 | +0.2% |
| Remuneration and social security | 454/9 | €3,235 | €3,240 | +€5 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,530 | €10,817 | +€5,287 | +95.6% |
| Other operating charges | 640/8 | €59,400 | €59,588 | +€188 | +0.3% |
| Gross operating margin | 9900 | €137,272 | €142,003 | +€4,731 | +3.4% |
| Operating profit (loss) | 9901 | €72,342 | €71,598 | -€744 | -1.0% |
| Financial income | 75/76B | €7,725 | €12,449 | +€4,724 | +61.2% |
| Recurring financial income | 75 | €7,725 | €12,449 | +€4,724 | +61.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €80,022 | €84,002 | +€3,980 | +5.0% |
| Income taxes | 67/77 | €19,602 | €27,147 | +€7,545 | +38.5% |
| Profit (loss) for the period | 9904 | €60,420 | €56,855 | -€3,565 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,420 | €56,855 | -€3,565 | -5.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.