Iserna: 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.
What changed
Iserna
NACE 86.230, Dental practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€189,535
2024 · -€77,285-€112,251
Equity
€1.0m
2024 · €1.2m-€189,535
Cash
€42,125
2024 · €47,287-€5,163
Balance sheet total
€2.1m
2024 · €1.9m+€194,058
Largest movements
Assets
- Receivables within one year +€249,803
up €249,803 (+40.2%), from €621,767 to €871,570
of which Other amounts receivable: +€212,358
- Tangible fixed assets -€70,433
down €70,433 (-6.1%), from €1.2m to €1.1m
of which Other tangible fixed assets: -€107,022
- Stocks and contracts +€21,644
up €21,644 (+55.3%), from €39,148 to €60,792
of which Stocks: +€13,641
Equity and liabilities
- Trade debts +€397,736
up €397,736 (+77.2%), from €515,330 to €913,066
- Profit (loss) carried forward -€189,535
down €189,535 (-245.2%), from -€77,285 to -€266,820
- Accrued charges and deferred income -€21,106
down €21,106 (-67.7%), from €31,161 to €10,055
Income statement
- Gross operating margin -€171,711
down €171,711 (-21.2%), from €810,469 to €638,758
- Staff costs -€83,540
down €83,540 (-12.5%), from €668,915 to €585,375
- Taxes +€41,000
up €41,000, from -€41,000 to €0
- Depreciation -€25,412
down €25,412 (-10.0%), from €255,069 to €229,657
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.
Result 2024
-€77,285
Gross operating margin
-€171,711
Staff costs
+€83,540
Depreciation
+€25,412
Other operating charges
-€4,024
Other operating items
-€4,920
Financial income
+€3,185
Financial charges
-€2,732
Taxes
-€41,000
Result 2025
-€189,535
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.
From operations
+€152,729
Investment
-€155,878
Financing
-€2,014
Cash 2024
€47,287
From operations (derived)
+€152,729
Net result for the year
-€189,535
Depreciation
+€229,657
Stocks and contracts
-€21,644
Receivables within one year
-€249,803
Deferred charges and accrued income
-€1,551
Trade debts
+€397,736
Tax, wage and social debts
+€14,917
Advances received
-€5,487
Other debts
-€454
Accrued charges and deferred income
-€21,106
Investment (derived)
-€155,878
Investment in fixed assets (net)
-€155,878
Financing
-€2,014
Debts after one year
-€2,057
Current portion of long-term debt
+€44
Cash 2025
€42,125
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,891,761 | €2,085,819 | +€194,058 | +10.3% |
| Fixed assets | 21/28 | €1,174,679 | €1,100,900 | -€73,779 | -6.3% |
| Intangible fixed assets | 21 | €13,445 | €10,099 | -€3,346 | -24.9% |
| Tangible fixed assets | 22/27 | €1,161,233 | €1,090,801 | -€70,433 | -6.1% |
| Plant, machinery and equipment | 23 | €181,116 | €212,657 | +€31,541 | +17.4% |
| Furniture and vehicles | 24 | €36,422 | €28,545 | -€7,876 | -21.6% |
| Other tangible fixed assets | 26 | €943,696 | €836,674 | -€107,022 | -11.3% |
| Assets under construction and advance payments | 27 | - | €12,925 | +€12,925 | |
| Current assets | 29/58 | €717,083 | €984,919 | +€267,836 | +37.4% |
| Stocks and contracts in progress | 3 | €39,148 | €60,792 | +€21,644 | +55.3% |
| Stocks | 30/36 | €39,148 | €52,789 | +€13,641 | +34.8% |
| Contracts in progress | 37 | - | €8,004 | +€8,004 | |
| Amounts receivable within one year | 40/41 | €621,767 | €871,570 | +€249,803 | +40.2% |
| Trade receivables | 40 | €247,731 | €285,177 | +€37,446 | +15.1% |
| Other amounts receivable | 41 | €374,035 | €586,393 | +€212,358 | +56.8% |
| Cash at bank and in hand | 54/58 | €47,287 | €42,125 | -€5,163 | -10.9% |
| Deferred charges and accrued income | 490/1 | €8,881 | €10,432 | +€1,551 | +17.5% |
| Total equity and liabilities | 10/49 | €1,891,761 | €2,085,819 | +€194,058 | +10.3% |
| Equity | 10/15 | €1,196,127 | €1,006,592 | -€189,535 | -15.8% |
| Contributions | 10/11 | €3,368 | €3,368 | = | 0.0% |
| Reserves | 13 | €1,270,044 | €1,270,044 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,010 | €1,010 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,010 | €1,010 | = | 0.0% |
| Distributable reserves | 133 | €1,269,034 | €1,269,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,285 | -€266,820 | -€189,535 | -245.2% |
| Amounts payable | 17/49 | €695,634 | €1,079,227 | +€383,593 | +55.1% |
| Amounts payable after more than one year | 17 | €3,454 | €1,396 | -€2,057 | -59.6% |
| Financial debts | 170/4 | €3,454 | €1,396 | -€2,057 | -59.6% |
| Amounts payable within one year | 42/48 | €661,020 | €1,067,776 | +€406,757 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €2,014 | €2,057 | +€44 | +2.2% |
| Trade debts | 44 | €515,330 | €913,066 | +€397,736 | +77.2% |
| Suppliers | 440/4 | €515,330 | €913,066 | +€397,736 | +77.2% |
| Advances received on contracts in progress | 46 | €39,809 | €34,322 | -€5,487 | -13.8% |
| Taxes, remuneration and social security | 45 | €103,414 | €118,331 | +€14,917 | +14.4% |
| Taxes | 450/3 | €22,345 | €52,279 | +€29,934 | +134.0% |
| Remuneration and social security | 454/9 | €81,069 | €66,052 | -€15,017 | -18.5% |
| Other amounts payable | 47/48 | €454 | €0 | -€454 | -100.0% |
| Accrued charges and deferred income | 492/3 | €31,161 | €10,055 | -€21,106 | -67.7% |
| Non-recurring operating income | 76A | - | €37,407 | +€37,407 | |
| Remuneration, social security and pensions | 62 | €668,915 | €585,375 | -€83,540 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255,069 | €229,657 | -€25,412 | -10.0% |
| Other operating charges | 640/8 | €1,175 | €5,199 | +€4,024 | +342.3% |
| Non-recurring operating charges | 66A | - | €4,920 | +€4,920 | |
| Gross operating margin | 9900 | €810,469 | €638,758 | -€171,711 | -21.2% |
| Operating profit (loss) | 9901 | -€114,690 | -€186,393 | -€71,703 | -62.5% |
| Financial income | 75/76B | €1,418 | €4,602 | +€3,185 | +224.6% |
| Recurring financial income | 75 | €1,418 | €4,602 | +€3,185 | +224.6% |
| Financial charges | 65/66B | €5,012 | €7,744 | +€2,732 | +54.5% |
| Recurring financial charges | 65 | €5,012 | €7,744 | +€2,732 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | -€118,285 | -€189,535 | -€71,251 | -60.2% |
| Income taxes | 67/77 | -€41,000 | €0 | +€41,000 | |
| Profit (loss) for the period | 9904 | -€77,285 | -€189,535 | -€112,251 | -145.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,285 | -€189,535 | -€112,251 | -145.2% |
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 2 October 2026 via checked.be.