ISI CLINIC: 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.
ISI CLINIC
Largest movements
- Tangible fixed assets -€21,333
down €21,333 (-18.4%), from €115,922 to €94,589
- Cash -€19,985
down €19,985 (-53.1%), from €37,668 to €17,682
mainly Net result for the year (-€161,436) and Trade debts (-€13,240)
- Intangible fixed assets -€6,048
down €6,048 (-7.6%), from €79,076 to €73,028
- Profit (loss) carried forward -€161,436
down €161,436 (-42.8%), from -€377,458 to -€538,894
- Other debts +€130,842
up €130,842 (+46.7%), from €280,237 to €411,079
- Trade debts -€13,240
down €13,240 (-7.6%), from €173,617 to €160,377
- Debts after one year -€9,814
down €9,814 (-27.8%), from €35,274 to €25,460
- Accrued charges and deferred income +€6,312
up €6,312 (+39.2%), from €16,088 to €22,400
- Gross operating margin -€142,750
down €142,750 (-79.3%), from €180,040 to €37,290
- Depreciation +€20,653
up €20,653 (+118%), from €17,528 to €38,181
- Financial charges -€7,834
down €7,834 (-44.4%), from €17,629 to €9,795
of which Non-recurring financial charges: -€13,944
- Other operating charges +€5,372
up €5,372 (+276%), from €1,944 to €7,316
- Staff costs +€4,625
up €4,625 (+3.3%), from €139,472 to €144,097
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 | €352,349 | €304,770 | -€47,578 | -13.5% |
| Fixed assets | 21/28 | €199,898 | €172,517 | -€27,381 | -13.7% |
| Intangible fixed assets | 21 | €79,076 | €73,028 | -€6,048 | -7.6% |
| Tangible fixed assets | 22/27 | €115,922 | €94,589 | -€21,333 | -18.4% |
| Plant, machinery and equipment | 23 | €46,313 | €35,762 | -€10,551 | -22.8% |
| Furniture and vehicles | 24 | €9,944 | €5,819 | -€4,125 | -41.5% |
| Leasing and similar rights | 25 | €47,220 | €42,219 | -€5,001 | -10.6% |
| Other tangible fixed assets | 26 | €12,446 | €10,789 | -€1,657 | -13.3% |
| Financial fixed assets | 28 | €4,900 | €4,900 | = | 0.0% |
| Current assets | 29/58 | €152,451 | €132,254 | -€20,197 | -13.2% |
| Stocks and contracts in progress | 3 | €114,219 | €114,571 | +€352 | +0.3% |
| Stocks | 30/36 | €114,219 | €114,571 | +€352 | +0.3% |
| Amounts receivable within one year | 40/41 | €564 | €0 | -€564 | -100% |
| Trade receivables | 40 | €564 | €0 | -€564 | -100% |
| Cash at bank and in hand | 54/58 | €37,668 | €17,682 | -€19,985 | -53.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €352,349 | €304,770 | -€47,578 | -13.5% |
| Equity | 10/15 | -€188,284 | -€349,720 | -€161,436 | -85.7% |
| Contributions | 10/11 | €189,174 | €189,174 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€377,458 | -€538,894 | -€161,436 | -42.8% |
| Amounts payable | 17/49 | €540,633 | €654,491 | +€113,858 | +21.1% |
| Amounts payable after more than one year | 17 | €35,274 | €25,460 | -€9,814 | -27.8% |
| Financial debts | 170/4 | €35,274 | €25,460 | -€9,814 | -27.8% |
| Amounts payable within one year | 42/48 | €489,271 | €606,631 | +€117,360 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €9,417 | €9,814 | +€397 | +4.2% |
| Trade debts | 44 | €173,617 | €160,377 | -€13,240 | -7.6% |
| Suppliers | 440/4 | €173,617 | €160,377 | -€13,240 | -7.6% |
| Advances received on contracts in progress | 46 | €5,000 | €0 | -€5,000 | -100% |
| Taxes, remuneration and social security | 45 | €21,000 | €25,361 | +€4,361 | +20.8% |
| Taxes | 450/3 | €2,940 | €3,382 | +€441 | +15.0% |
| Remuneration and social security | 454/9 | €18,059 | €21,979 | +€3,920 | +21.7% |
| Other amounts payable | 47/48 | €280,237 | €411,079 | +€130,842 | +46.7% |
| Accrued charges and deferred income | 492/3 | €16,088 | €22,400 | +€6,312 | +39.2% |
| Remuneration, social security and pensions | 62 | €139,472 | €144,097 | +€4,625 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,528 | €38,181 | +€20,653 | +118% |
| Other operating charges | 640/8 | €1,944 | €7,316 | +€5,372 | +276% |
| Gross operating margin | 9900 | €180,040 | €37,290 | -€142,750 | -79.3% |
| Operating profit (loss) | 9901 | €21,096 | -€152,304 | -€173,401 | |
| Financial income | 75/76B | €1,621 | €1,037 | -€584 | -36.0% |
| Recurring financial income | 75 | €1,621 | €1,037 | -€584 | -36.0% |
| Financial charges | 65/66B | €17,629 | €9,795 | -€7,834 | -44.4% |
| Recurring financial charges | 65 | €3,685 | €9,795 | +€6,109 | +166% |
| Non-recurring financial charges | 66B | €13,944 | €0 | -€13,944 | -100% |
| Profit (loss) for the period before taxes | 9903 | €5,089 | -€161,062 | -€166,151 | |
| Income taxes | 67/77 | €127 | €374 | +€247 | +194% |
| Profit (loss) for the period | 9904 | €4,962 | -€161,436 | -€166,398 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,962 | -€161,436 | -€166,398 |
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 31 October 2026 via checked.be.