ISIDO: 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.
ISIDO
Largest movements
- Receivables within one year -€23,197
down €23,197 (-66.6%), from €34,833 to €11,637
of which Trade receivables: -€27,197
- Cash +€17,496
up €17,496 (+35.2%), from €49,716 to €67,212
mainly Receivables within one year (+€23,197) and Net result for the year (+€7,248)
- Tangible fixed assets -€3,165
down €3,165 (-33.8%), from €9,370 to €6,205
of which Furniture and vehicles: -€1,681
- Trade debts -€3,911
down €3,911 (-87.5%), from €4,472 to €560
- Reserves -€2,515
down €2,515 (-3.1%), from €80,660 to €78,144
- Tax, wage and social debts -€2,414
down €2,414 (-27.1%), from €8,904 to €6,490
- Gross operating margin -€61,960
down €61,960 (-79.1%), from €78,301 to €16,341
- Taxes -€8,994
down €8,994 (-70.5%), from €12,754 to €3,759
- Depreciation -€3,326
down €3,326 (-37.8%), from €8,791 to €5,465
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 | €94,735 | €86,159 | -€8,576 | -9.1% |
| Fixed assets | 21/28 | €9,370 | €6,205 | -€3,165 | -33.8% |
| Tangible fixed assets | 22/27 | €9,370 | €6,205 | -€3,165 | -33.8% |
| Plant, machinery and equipment | 23 | €3,864 | €2,380 | -€1,484 | -38.4% |
| Furniture and vehicles | 24 | €5,506 | €3,825 | -€1,681 | -30.5% |
| Current assets | 29/58 | €85,365 | €79,953 | -€5,412 | -6.3% |
| Amounts receivable within one year | 40/41 | €34,833 | €11,637 | -€23,197 | -66.6% |
| Trade receivables | 40 | €34,833 | €7,637 | -€27,197 | -78.1% |
| Other amounts receivable | 41 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €49,716 | €67,212 | +€17,496 | +35.2% |
| Deferred charges and accrued income | 490/1 | €816 | €1,105 | +€289 | +35.4% |
| Total equity and liabilities | 10/49 | €94,735 | €86,159 | -€8,576 | -9.1% |
| Equity | 10/15 | €80,660 | €78,144 | -€2,515 | -3.1% |
| Reserves | 13 | €80,660 | €78,144 | -€2,515 | -3.1% |
| Distributable reserves | 133 | €80,660 | €78,144 | -€2,515 | -3.1% |
| Amounts payable | 17/49 | €14,075 | €8,014 | -€6,061 | -43.1% |
| Amounts payable within one year | 42/48 | €14,075 | €8,014 | -€6,061 | -43.1% |
| Trade debts | 44 | €4,472 | €560 | -€3,911 | -87.5% |
| Suppliers | 440/4 | €4,472 | €560 | -€3,911 | -87.5% |
| Taxes, remuneration and social security | 45 | €8,904 | €6,490 | -€2,414 | -27.1% |
| Taxes | 450/3 | €8,904 | €6,490 | -€2,414 | -27.1% |
| Other amounts payable | 47/48 | €700 | €964 | +€265 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,791 | €5,465 | -€3,326 | -37.8% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €78,301 | €16,341 | -€61,960 | -79.1% |
| Operating profit (loss) | 9901 | €69,384 | €10,748 | -€58,636 | -84.5% |
| Financial income | 75/76B | €163 | €487 | +€325 | +200% |
| Recurring financial income | 75 | €163 | €487 | +€325 | +200% |
| Financial charges | 65/66B | €98 | €228 | +€130 | +132% |
| Recurring financial charges | 65 | €98 | €228 | +€130 | +132% |
| Profit (loss) for the period before taxes | 9903 | €69,449 | €11,007 | -€58,441 | -84.2% |
| Income taxes | 67/77 | €12,754 | €3,759 | -€8,994 | -70.5% |
| Profit (loss) for the period | 9904 | €56,695 | €7,248 | -€49,447 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,695 | €7,248 | -€49,447 | -87.2% |
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 13 October 2026 via checked.be.