ISIMMO: what changed
Two fiscal 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.
ISIMMO
Largest movements
- Tangible fixed assets +€491,091
up €491,091 (+567.9%), from €86,470 to €577,561
of which Land and buildings: +€491,239
- Current investments -€132,607
down €132,607 (-73.3%), from €180,880 to €48,273
- Cash +€12,031
up €12,031 (+10.9%), from €110,644 to €122,674
mainly Debts after one year (+€250,000) and Current investments (+€132,607)
- Debts after one year +€250,000
new in 2025: €250,000
- Reserves +€85,000
up €85,000 (+65.4%), from €130,000 to €215,000
- Other debts +€27,018
new in 2025: €27,018
- Profit (loss) carried forward +€14,954
up €14,954 (+41.0%), from €36,435 to €51,388
- Purchases and services +€56,465
up €56,465 (+104.7%), from €53,946 to €110,412
- Gross operating margin -€15,801
down €15,801 (-9.0%), from €175,140 to €159,339
- Taxes -€6,200
down €6,200 (-11.9%), from €51,977 to €45,776
- Depreciation +€5,657
up €5,657 (+118.5%), from €4,772 to €10,428
- Other operating charges +€4,362
up €4,362 (+819.2%), from €532 to €4,895
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.
Cash bridge derived
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 | €433,554 | €804,937 | +€371,383 | +85.7% |
| Fixed assets | 21/28 | €86,470 | €577,561 | +€491,091 | +567.9% |
| Tangible fixed assets | 22/27 | €86,470 | €577,561 | +€491,091 | +567.9% |
| Land and buildings | 22 | €73,406 | €564,646 | +€491,239 | +669.2% |
| Plant, machinery and equipment | 23 | - | €3,770 | +€3,770 | |
| Furniture and vehicles | 24 | €13,063 | €9,145 | -€3,918 | -30.0% |
| Current assets | 29/58 | €347,085 | €227,376 | -€119,708 | -34.5% |
| Amounts receivable within one year | 40/41 | €53,571 | €53,838 | +€267 | +0.5% |
| Trade receivables | 40 | €12,052 | €53,838 | +€41,786 | +346.7% |
| Other amounts receivable | 41 | €41,519 | - | -€41,519 | |
| Current investments | 50/53 | €180,880 | €48,273 | -€132,607 | -73.3% |
| Cash at bank and in hand | 54/58 | €110,644 | €122,674 | +€12,031 | +10.9% |
| Deferred charges and accrued income | 490/1 | €1,991 | €2,591 | +€601 | +30.2% |
| Total equity and liabilities | 10/49 | €433,554 | €804,937 | +€371,383 | +85.7% |
| Equity | 10/15 | €416,435 | €516,388 | +€99,954 | +24.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €130,000 | €215,000 | +€85,000 | +65.4% |
| Distributable reserves | 133 | €130,000 | €215,000 | +€85,000 | +65.4% |
| Profit (loss) carried forward | 14 | €36,435 | €51,388 | +€14,954 | +41.0% |
| Amounts payable | 17/49 | €17,120 | €288,549 | +€271,429 | +1585.5% |
| Amounts payable after more than one year | 17 | - | €250,000 | +€250,000 | |
| Financial debts | 170/4 | - | €250,000 | +€250,000 | |
| Amounts payable within one year | 42/48 | €17,120 | €38,549 | +€21,429 | +125.2% |
| Financial debts | 43 | - | €243 | +€243 | |
| Credit institutions | 430/8 | - | €243 | +€243 | |
| Trade debts | 44 | €3,212 | €304 | -€2,908 | -90.5% |
| Suppliers | 440/4 | €3,212 | €304 | -€2,908 | -90.5% |
| Advances received on contracts in progress | 46 | €182 | - | -€182 | |
| Taxes, remuneration and social security | 45 | €13,726 | €10,983 | -€2,743 | -20.0% |
| Taxes | 450/3 | €13,726 | €10,983 | -€2,743 | -20.0% |
| Other amounts payable | 47/48 | - | €27,018 | +€27,018 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,946 | €110,412 | +€56,465 | +104.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,772 | €10,428 | +€5,657 | +118.5% |
| Other operating charges | 640/8 | €532 | €4,895 | +€4,362 | +819.2% |
| Gross operating margin | 9900 | €175,140 | €159,339 | -€15,801 | -9.0% |
| Operating profit (loss) | 9901 | €169,836 | €144,016 | -€25,819 | -15.2% |
| Financial income | 75/76B | €1,930 | €3,508 | +€1,579 | +81.8% |
| Recurring financial income | 75 | €1,930 | €3,508 | +€1,579 | +81.8% |
| Financial charges | 65/66B | €5 | €1,795 | +€1,790 | +39777.8% |
| Recurring financial charges | 65 | €5 | €1,795 | +€1,790 | +39777.8% |
| Profit (loss) for the period before taxes | 9903 | €171,761 | €145,730 | -€26,031 | -15.2% |
| Income taxes | 67/77 | €51,977 | €45,776 | -€6,200 | -11.9% |
| Profit (loss) for the period | 9904 | €119,784 | €99,954 | -€19,830 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,784 | €99,954 | -€19,830 | -16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.