ISIMO: 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.
ISIMO
Largest movements
- Tangible fixed assets -€28,395
down €28,395 (-5.7%), from €499,443 to €471,049
of which Land and buildings: -€15,729
- Cash -€11,769
down €11,769 (-8.8%), from €133,666 to €121,897
mainly Net result for the year (-€34,812) and Trade debts (-€3,837)
- Profit (loss) carried forward -€34,812
down €34,812 (-15.6%), from -€223,463 to -€258,275
- Gross operating margin +€2,110
up €2,110 (+35.7%), from -€5,917 to -€3,807
- Financial charges -€1,298
down €1,298 (-69.5%), from €1,867 to €569
- Depreciation +€761
up €761 (+2.8%), from €27,633 to €28,395
- Other operating charges -€103
down €103 (-4.8%), from €2,144 to €2,042
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 | €638,618 | €594,932 | -€43,687 | -6.8% |
| Fixed assets | 21/28 | €500,424 | €472,029 | -€28,395 | -5.7% |
| Tangible fixed assets | 22/27 | €499,443 | €471,049 | -€28,395 | -5.7% |
| Land and buildings | 22 | €473,348 | €457,618 | -€15,729 | -3.3% |
| Furniture and vehicles | 24 | €26,096 | €13,431 | -€12,665 | -48.5% |
| Financial fixed assets | 28 | €981 | €981 | = | 0.0% |
| Current assets | 29/58 | €138,194 | €122,903 | -€15,292 | -11.1% |
| Amounts receivable within one year | 40/41 | €817 | €898 | +€81 | +9.9% |
| Trade receivables | 40 | - | €81 | +€81 | |
| Other amounts receivable | 41 | €817 | €817 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €133,666 | €121,897 | -€11,769 | -8.8% |
| Deferred charges and accrued income | 490/1 | €3,712 | €108 | -€3,604 | -97.1% |
| Total equity and liabilities | 10/49 | €638,618 | €594,932 | -€43,687 | -6.8% |
| Equity | 10/15 | -€23,463 | -€58,275 | -€34,812 | -148.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,463 | -€258,275 | -€34,812 | -15.6% |
| Amounts payable | 17/49 | €662,082 | €653,207 | -€8,874 | -1.3% |
| Amounts payable within one year | 42/48 | €659,042 | €653,207 | -€5,834 | -0.9% |
| Trade debts | 44 | €4,879 | €1,042 | -€3,837 | -78.6% |
| Suppliers | 440/4 | €4,879 | €1,042 | -€3,837 | -78.6% |
| Other amounts payable | 47/48 | €654,162 | €652,165 | -€1,998 | -0.3% |
| Accrued charges and deferred income | 492/3 | €3,040 | - | -€3,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,633 | €28,395 | +€761 | +2.8% |
| Other operating charges | 640/8 | €2,144 | €2,042 | -€103 | -4.8% |
| Gross operating margin | 9900 | -€5,917 | -€3,807 | +€2,110 | +35.7% |
| Operating profit (loss) | 9901 | -€35,695 | -€34,243 | +€1,452 | +4.1% |
| Financial charges | 65/66B | €1,867 | €569 | -€1,298 | -69.5% |
| Recurring financial charges | 65 | €1,867 | €569 | -€1,298 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,562 | -€34,812 | +€2,750 | +7.3% |
| Profit (loss) for the period | 9904 | -€37,562 | -€34,812 | +€2,750 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,562 | -€34,812 | +€2,750 | +7.3% |
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 4 October 2026 via checked.be.