ISI GROUP: 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 GROUP
Largest movements
- Cash +€2,707
up €2,707 (+443%), from €611 to €3,318
mainly Net result for the year (+€4,012) and Tax, wage and social debts (+€1,529)
- Receivables within one year -€790
down €790 (-47.1%), from €1,678 to €888
of which Trade receivables: -€513
- Profit (loss) carried forward +€4,012
up €4,012 (+14.1%), from -€28,416 to -€24,404
- Trade debts -€3,189
down €3,189 (-77.0%), from €4,142 to €953
- Tax, wage and social debts +€1,529
up €1,529 (+4.7%), from €32,350 to €33,879
of which Remuneration and social security: +€2,110
- Other debts -€363
down €363 (-3.9%), from €9,321 to €8,959
- Gross operating margin +€28,730
up €28,730, from -€23,971 to €4,759
- Other operating charges -€1,820
no longer reported in 2025 (was €1,820)
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 | €22,397 | €24,386 | +€1,989 | +8.9% |
| Fixed assets | 21/28 | €20,000 | €20,000 | = | 0.0% |
| Intangible fixed assets | 21 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €2,397 | €4,386 | +€1,989 | +83.0% |
| Amounts receivable within one year | 40/41 | €1,678 | €888 | -€790 | -47.1% |
| Trade receivables | 40 | €826 | €314 | -€513 | -62.0% |
| Other amounts receivable | 41 | €851 | €574 | -€277 | -32.6% |
| Cash at bank and in hand | 54/58 | €611 | €3,318 | +€2,707 | +443% |
| Deferred charges and accrued income | 490/1 | €109 | €180 | +€72 | +65.9% |
| Total equity and liabilities | 10/49 | €22,397 | €24,386 | +€1,989 | +8.9% |
| Equity | 10/15 | -€23,416 | -€19,404 | +€4,012 | +17.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,416 | -€24,404 | +€4,012 | +14.1% |
| Amounts payable | 17/49 | €45,813 | €43,791 | -€2,022 | -4.4% |
| Amounts payable within one year | 42/48 | €45,813 | €43,791 | -€2,022 | -4.4% |
| Trade debts | 44 | €4,142 | €953 | -€3,189 | -77.0% |
| Suppliers | 440/4 | €4,142 | €953 | -€3,189 | -77.0% |
| Taxes, remuneration and social security | 45 | €32,350 | €33,879 | +€1,529 | +4.7% |
| Taxes | 450/3 | €781 | €201 | -€581 | -74.3% |
| Remuneration and social security | 454/9 | €31,568 | €33,678 | +€2,110 | +6.7% |
| Other amounts payable | 47/48 | €9,321 | €8,959 | -€363 | -3.9% |
| Non-recurring operating income | 76A | €585 | - | -€585 | |
| Other operating charges | 640/8 | €1,820 | - | -€1,820 | |
| Non-recurring operating charges | 66A | €1,858 | €423 | -€1,435 | -77.2% |
| Gross operating margin | 9900 | -€23,971 | €4,759 | +€28,730 | |
| Operating profit (loss) | 9901 | -€27,649 | €4,336 | +€31,985 | |
| Financial charges | 65/66B | €234 | €324 | +€90 | +38.4% |
| Recurring financial charges | 65 | €234 | €324 | +€90 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,883 | €4,012 | +€31,895 | |
| Profit (loss) for the period | 9904 | -€27,883 | €4,012 | +€31,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,883 | €4,012 | +€31,895 |
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 15 October 2026 via checked.be.