ISIA MANAGEMENT: 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.
ISIA MANAGEMENT
Largest movements
- Cash +€100,023
up €100,023 (+52.7%), from €189,642 to €289,666
mainly Receivables within one year (+€97,345) and Net result for the year (+€10,525)
- Receivables within one year -€97,345
down €97,345 (-16.1%), from €604,445 to €507,100
of which Other amounts receivable: -€105,815
- Profit (loss) carried forward +€10,525
up €10,525 (+79.2%), from -€13,290 to -€2,765
- Gross operating margin +€24,092
up €24,092, from -€19,497 to €4,595
- Taxes +€1,093
new in 2025: €1,093
- Financial income +€990
up €990 (+13.1%), from €7,570 to €8,560
- Depreciation -€317
down €317 (-26.3%), from €1,205 to €888
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 | €795,901 | €798,277 | +€2,376 | +0.3% |
| Fixed assets | 21/28 | €1,814 | €925 | -€888 | -49.0% |
| Tangible fixed assets | 22/27 | €1,451 | €562 | -€888 | -61.2% |
| Furniture and vehicles | 24 | €1,451 | €562 | -€888 | -61.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €794,087 | €797,352 | +€3,265 | +0.4% |
| Amounts receivable within one year | 40/41 | €604,445 | €507,100 | -€97,345 | -16.1% |
| Trade receivables | 40 | €3,630 | €12,100 | +€8,470 | +233% |
| Other amounts receivable | 41 | €600,815 | €495,000 | -€105,815 | -17.6% |
| Cash at bank and in hand | 54/58 | €189,642 | €289,666 | +€100,023 | +52.7% |
| Deferred charges and accrued income | 490/1 | - | €586 | +€586 | |
| Total equity and liabilities | 10/49 | €795,901 | €798,277 | +€2,376 | +0.3% |
| Equity | 10/15 | €777,770 | €788,295 | +€10,525 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €784,860 | €784,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €783,000 | €783,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,290 | -€2,765 | +€10,525 | +79.2% |
| Amounts payable | 17/49 | €18,131 | €9,982 | -€8,149 | -44.9% |
| Amounts payable within one year | 42/48 | €18,131 | €9,982 | -€8,149 | -44.9% |
| Trade debts | 44 | €3,907 | €2,698 | -€1,209 | -30.9% |
| Suppliers | 440/4 | €3,907 | €2,698 | -€1,209 | -30.9% |
| Taxes, remuneration and social security | 45 | €11,368 | €6,495 | -€4,873 | -42.9% |
| Taxes | 450/3 | €11,368 | €6,495 | -€4,873 | -42.9% |
| Other amounts payable | 47/48 | €2,856 | €789 | -€2,066 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,205 | €888 | -€317 | -26.3% |
| Other operating charges | 640/8 | €451 | €531 | +€80 | +17.7% |
| Gross operating margin | 9900 | -€19,497 | €4,595 | +€24,092 | |
| Operating profit (loss) | 9901 | -€21,153 | €3,176 | +€24,329 | |
| Financial income | 75/76B | €7,570 | €8,560 | +€990 | +13.1% |
| Recurring financial income | 75 | €7,570 | €8,560 | +€990 | +13.1% |
| Financial charges | 65/66B | €96 | €118 | +€22 | +22.7% |
| Recurring financial charges | 65 | €96 | €118 | +€22 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,679 | €11,618 | +€25,297 | |
| Income taxes | 67/77 | - | €1,093 | +€1,093 | |
| Profit (loss) for the period | 9904 | -€13,679 | €10,525 | +€24,204 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,679 | €10,525 | +€24,204 |
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 17 October 2026 via checked.be.