ISIO: 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.
ISIO
Largest movements
- Financial fixed assets +€264,535
new in 2024: €264,535
- Tangible fixed assets -€33,691
down €33,691 (-8.6%), from €392,144 to €358,453
of which Land and buildings: -€33,930
- Receivables within one year -€16,499
no longer reported in 2024 (was €16,499)
- Other debts +€306,834
up €306,834 (+4044.4%), from €7,587 to €314,421
- Debts after one year -€33,827
down €33,827 (-48.8%), from €69,247 to €35,421
- Reserves -€26,665
down €26,665 (-68.3%), from €39,059 to €12,395
of which Tax-exempt reserves: -€26,665
- Trade debts -€14,470
down €14,470 (-96.1%), from €15,055 to €585
- Profit (loss) carried forward -€14,133
down €14,133 (-13.0%), from €109,065 to €94,932
- Purchases and services +€27,938
up €27,938 (+31.3%), from €89,315 to €117,253
- Turnover +€18,690
up €18,690 (+10.4%), from €178,852 to €197,542
- Gross operating margin -€9,541
down €9,541 (-10.6%), from €90,022 to €80,482
- Other operating charges +€6,390
up €6,390 (+49.2%), from €12,996 to €19,386
- Taxes -€4,573
down €4,573, from €4,363 to -€210
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,643 | €622,988 | +€214,345 | +52.5% |
| Fixed assets | 21/28 | €392,144 | €622,988 | +€230,844 | +58.9% |
| Tangible fixed assets | 22/27 | €392,144 | €358,453 | -€33,691 | -8.6% |
| Land and buildings | 22 | €312,024 | €278,095 | -€33,930 | -10.9% |
| Plant, machinery and equipment | 23 | €73,693 | €72,673 | -€1,019 | -1.4% |
| Furniture and vehicles | 24 | - | €1,587 | +€1,587 | |
| Other tangible fixed assets | 26 | €6,427 | €6,098 | -€329 | -5.1% |
| Financial fixed assets | 28 | - | €264,535 | +€264,535 | |
| Current assets | 29/58 | €16,499 | - | -€16,499 | |
| Amounts receivable within one year | 40/41 | €16,499 | - | -€16,499 | |
| Other amounts receivable | 41 | €16,499 | - | -€16,499 | |
| Total equity and liabilities | 10/49 | €408,643 | €622,988 | +€214,345 | +52.5% |
| Equity | 10/15 | €272,691 | €231,893 | -€40,798 | -15.0% |
| Contributions | 10/11 | €124,567 | €124,567 | = | 0.0% |
| Capital | 10 | €124,567 | €124,567 | = | 0.0% |
| Issued capital | 100 | €124,567 | €124,567 | = | 0.0% |
| Reserves | 13 | €39,059 | €12,395 | -€26,665 | -68.3% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,665 | - | -€26,665 | |
| Profit (loss) carried forward | 14 | €109,065 | €94,932 | -€14,133 | -13.0% |
| Amounts payable | 17/49 | €135,952 | €391,095 | +€255,143 | +187.7% |
| Amounts payable after more than one year | 17 | €69,247 | €35,421 | -€33,827 | -48.8% |
| Financial debts | 170/4 | €69,247 | €35,421 | -€33,827 | -48.8% |
| Amounts payable within one year | 42/48 | €66,705 | €355,674 | +€288,969 | +433.2% |
| Current portion of amounts payable after more than one year | 42 | €32,057 | €33,827 | +€1,770 | +5.5% |
| Financial debts | 43 | €1,129 | €2,044 | +€915 | +81.1% |
| Credit institutions | 430/8 | €1,129 | €2,044 | +€915 | +81.1% |
| Trade debts | 44 | €15,055 | €585 | -€14,470 | -96.1% |
| Suppliers | 440/4 | €15,055 | €585 | -€14,470 | -96.1% |
| Taxes, remuneration and social security | 45 | €10,877 | €4,798 | -€6,079 | -55.9% |
| Taxes | 450/3 | €9,081 | €3,194 | -€5,887 | -64.8% |
| Remuneration and social security | 454/9 | €1,796 | €1,604 | -€193 | -10.7% |
| Other amounts payable | 47/48 | €7,587 | €314,421 | +€306,834 | +4044.4% |
| Turnover | 70 | €178,852 | €197,542 | +€18,690 | +10.4% |
| Non-recurring operating income | 76A | - | €193 | +€193 | |
| Goods, raw materials, services and sundry goods | 60/61 | €89,315 | €117,253 | +€27,938 | +31.3% |
| Remuneration, social security and pensions | 62 | €25,024 | €22,996 | -€2,028 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,315 | €47,201 | +€1,886 | +4.2% |
| Other operating charges | 640/8 | €12,996 | €19,386 | +€6,390 | +49.2% |
| Gross operating margin | 9900 | €90,022 | €80,482 | -€9,541 | -10.6% |
| Operating profit (loss) | 9901 | €6,687 | -€9,101 | -€15,788 | |
| Financial income | 75/76B | €850 | - | -€850 | |
| Recurring financial income | 75 | €850 | - | -€850 | |
| Financial charges | 65/66B | €6,459 | €5,242 | -€1,216 | -18.8% |
| Recurring financial charges | 65 | €6,459 | €5,242 | -€1,216 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €1,078 | -€14,343 | -€15,421 | |
| Transfer from deferred taxes | 780 | €1,074 | - | -€1,074 | |
| Income taxes | 67/77 | €4,363 | -€210 | -€4,573 | |
| Profit (loss) for the period | 9904 | -€2,211 | -€14,133 | -€11,922 | -539.2% |
| Transfer from tax-exempt reserves | 789 | €9,343 | - | -€9,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,132 | -€14,133 | -€21,265 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.