ISIK ENGINEERING CONSULTANCY: 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.
ISIK ENGINEERING CONSULTANCY
Largest movements
- Cash +€57,123
up €57,123 (+50.5%), from €113,191 to €170,314
mainly Net result for the year (+€76,450) and Tax, wage and social debts (+€17,937)
- Tangible fixed assets -€9,998
down €9,998 (-26.5%), from €37,664 to €27,666
- Receivables within one year -€3,371
no longer reported in 2025 (was €3,371)
- Reserves +€76,450
up €76,450 (+204%), from €37,393 to €113,843
- Other debts -€30,165
down €30,165 (-80.5%), from €37,482 to €7,317
- Tax, wage and social debts +€17,937
up €17,937 (+75.9%), from €23,627 to €41,564
of which Taxes: +€12,902
- Debts after one year -€15,474
no longer reported in 2025 (was €15,474)
- Current portion of long-term debt -€4,341
down €4,341 (-23.9%), from €18,131 to €13,790
- Gross operating margin +€59,891
up €59,891 (+117%), from €51,128 to €111,018
- Taxes +€10,510
up €10,510 (+108%), from €9,752 to €20,262
- Depreciation +€7,670
up €7,670 (+329%), from €2,328 to €9,998
- Other operating charges +€1,603
up €1,603 (+207%), from €773 to €2,376
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 | €155,817 | €200,090 | +€44,273 | +28.4% |
| Fixed assets | 21/28 | €37,664 | €27,666 | -€9,998 | -26.5% |
| Tangible fixed assets | 22/27 | €37,664 | €27,666 | -€9,998 | -26.5% |
| Leasing and similar rights | 25 | €37,664 | €27,666 | -€9,998 | -26.5% |
| Current assets | 29/58 | €118,153 | €172,424 | +€54,271 | +45.9% |
| Amounts receivable within one year | 40/41 | €3,371 | - | -€3,371 | |
| Other amounts receivable | 41 | €3,371 | - | -€3,371 | |
| Cash at bank and in hand | 54/58 | €113,191 | €170,314 | +€57,123 | +50.5% |
| Deferred charges and accrued income | 490/1 | €1,591 | €2,110 | +€519 | +32.6% |
| Total equity and liabilities | 10/49 | €155,817 | €200,090 | +€44,273 | +28.4% |
| Equity | 10/15 | €58,393 | €134,843 | +€76,450 | +131% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €37,393 | €113,843 | +€76,450 | +204% |
| Distributable reserves | 133 | €37,393 | €113,843 | +€76,450 | +204% |
| Amounts payable | 17/49 | €97,424 | €65,246 | -€32,177 | -33.0% |
| Amounts payable after more than one year | 17 | €15,474 | - | -€15,474 | |
| Financial debts | 170/4 | €15,474 | - | -€15,474 | |
| Amounts payable within one year | 42/48 | €81,950 | €65,246 | -€16,703 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €18,131 | €13,790 | -€4,341 | -23.9% |
| Trade debts | 44 | €2,710 | €2,576 | -€134 | -5.0% |
| Suppliers | 440/4 | €2,710 | €2,576 | -€134 | -5.0% |
| Taxes, remuneration and social security | 45 | €23,627 | €41,564 | +€17,937 | +75.9% |
| Taxes | 450/3 | €23,627 | €36,529 | +€12,902 | +54.6% |
| Remuneration and social security | 454/9 | - | €5,035 | +€5,035 | |
| Other amounts payable | 47/48 | €37,482 | €7,317 | -€30,165 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,328 | €9,998 | +€7,670 | +329% |
| Other operating charges | 640/8 | €773 | €2,376 | +€1,603 | +207% |
| Gross operating margin | 9900 | €51,128 | €111,018 | +€59,891 | +117% |
| Operating profit (loss) | 9901 | €48,026 | €98,644 | +€50,618 | +105% |
| Financial charges | 65/66B | €881 | €1,932 | +€1,051 | +119% |
| Recurring financial charges | 65 | €881 | €1,932 | +€1,051 | +119% |
| Profit (loss) for the period before taxes | 9903 | €47,146 | €96,712 | +€49,567 | +105% |
| Income taxes | 67/77 | €9,752 | €20,262 | +€10,510 | +108% |
| Profit (loss) for the period | 9904 | €37,393 | €76,450 | +€39,057 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €37,393 | €76,450 | +€39,057 | +104% |
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 14 October 2026 via checked.be.