ISIDORIX: 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.
ISIDORIX
Largest movements
- Tangible fixed assets +€30,959
up €30,959 (+228%), from €13,573 to €44,531
- Cash -€19,600
down €19,600 (-33.2%), from €58,994 to €39,394
mainly Investment in fixed assets (net) (-€42,015) and Other debts (-€10,692)
- Current investments +€9,938
new in 2025: €9,938
- Stocks and contracts +€7,020
new in 2025: €7,020
- Deferred charges and accrued income +€1,791
up €1,791 (+230%), from €779 to €2,570
- Reserves +€44,515
up €44,515 (+75.5%), from €58,969 to €103,484
- Other debts -€10,692
down €10,692 (-58.3%), from €18,336 to €7,644
- Tax, wage and social debts -€2,657
down €2,657 (-19.7%), from €13,501 to €10,844
- Gross operating margin +€49,835
up €49,835 (+183%), from €27,241 to €77,076
- Taxes +€12,302
up €12,302 (+226%), from €5,438 to €17,740
- Depreciation +€2,394
up €2,394 (+27.6%), from €8,662 to €11,056
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 | €94,992 | €126,301 | +€31,309 | +33.0% |
| Fixed assets | 21/28 | €14,073 | €45,031 | +€30,959 | +220% |
| Tangible fixed assets | 22/27 | €13,573 | €44,531 | +€30,959 | +228% |
| Furniture and vehicles | 24 | €13,573 | €44,531 | +€30,959 | +228% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €80,919 | €81,270 | +€350 | +0.4% |
| Stocks and contracts in progress | 3 | - | €7,020 | +€7,020 | |
| Contracts in progress | 37 | - | €7,020 | +€7,020 | |
| Amounts receivable within one year | 40/41 | €21,147 | €22,347 | +€1,201 | +5.7% |
| Trade receivables | 40 | €16,282 | €19,715 | +€3,433 | +21.1% |
| Other amounts receivable | 41 | €4,865 | €2,633 | -€2,232 | -45.9% |
| Current investments | 50/53 | - | €9,938 | +€9,938 | |
| Cash at bank and in hand | 54/58 | €58,994 | €39,394 | -€19,600 | -33.2% |
| Deferred charges and accrued income | 490/1 | €779 | €2,570 | +€1,791 | +230% |
| Total equity and liabilities | 10/49 | €94,992 | €126,301 | +€31,309 | +33.0% |
| Equity | 10/15 | €61,969 | €106,484 | +€44,515 | +71.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,969 | €103,484 | +€44,515 | +75.5% |
| Distributable reserves | 133 | €58,969 | €103,484 | +€44,515 | +75.5% |
| Amounts payable | 17/49 | €33,023 | €19,817 | -€13,206 | -40.0% |
| Amounts payable within one year | 42/48 | €32,046 | €18,875 | -€13,171 | -41.1% |
| Trade debts | 44 | €209 | €387 | +€178 | +85.3% |
| Suppliers | 440/4 | €209 | €387 | +€178 | +85.3% |
| Taxes, remuneration and social security | 45 | €13,501 | €10,844 | -€2,657 | -19.7% |
| Taxes | 450/3 | €13,501 | €10,844 | -€2,657 | -19.7% |
| Other amounts payable | 47/48 | €18,336 | €7,644 | -€10,692 | -58.3% |
| Accrued charges and deferred income | 492/3 | €977 | €942 | -€35 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,662 | €11,056 | +€2,394 | +27.6% |
| Other operating charges | 640/8 | €949 | €1,014 | +€64 | +6.8% |
| Gross operating margin | 9900 | €27,241 | €77,076 | +€49,835 | +183% |
| Operating profit (loss) | 9901 | €17,629 | €65,006 | +€47,376 | +269% |
| Financial charges | 65/66B | €1,232 | €1,085 | -€148 | -12.0% |
| Recurring financial charges | 65 | €1,232 | €1,085 | -€148 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €16,397 | €63,921 | +€47,524 | +290% |
| Income taxes | 67/77 | €5,438 | €17,740 | +€12,302 | +226% |
| Profit (loss) for the period | 9904 | €10,959 | €46,181 | +€35,222 | +321% |
| Profit (loss) for the period to be appropriated | 9905 | €10,959 | €46,181 | +€35,222 | +321% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.