ISIS: 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.
ISIS
Largest movements
- Cash +€34,239
up €34,239 (+23.9%), from €143,330 to €177,570
mainly Depreciation (+€27,148) and Receivables within one year (+€14,191)
- Tangible fixed assets -€17,336
down €17,336 (-4.2%), from €410,945 to €393,609
of which Land and buildings: -€14,129
- Receivables within one year -€14,191
down €14,191 (-64.6%), from €21,982 to €7,791
of which Other amounts receivable: -€12,013
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,686
down €3,686 (-8.3%), from €44,194 to €40,508
- Taxes -€2,326
down €2,326 (-63.1%), from €3,684 to €1,358
- Depreciation +€2,252
up €2,252 (+9.0%), from €24,896 to €27,148
- Financial charges +€1,354
up €1,354 (+65.5%), from €2,068 to €3,422
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 | €576,362 | €578,969 | +€2,607 | +0.5% |
| Fixed assets | 21/28 | €410,945 | €393,609 | -€17,336 | -4.2% |
| Tangible fixed assets | 22/27 | €410,945 | €393,609 | -€17,336 | -4.2% |
| Land and buildings | 22 | €375,089 | €360,960 | -€14,129 | -3.8% |
| Plant, machinery and equipment | 23 | €155 | €1,792 | +€1,637 | +1056.6% |
| Furniture and vehicles | 24 | €679 | €2,292 | +€1,613 | +237.7% |
| Other tangible fixed assets | 26 | €35,022 | €28,565 | -€6,457 | -18.4% |
| Current assets | 29/58 | €165,418 | €185,361 | +€19,943 | +12.1% |
| Amounts receivable within one year | 40/41 | €21,982 | €7,791 | -€14,191 | -64.6% |
| Trade receivables | 40 | €7,327 | €5,149 | -€2,178 | -29.7% |
| Other amounts receivable | 41 | €14,655 | €2,642 | -€12,013 | -82.0% |
| Cash at bank and in hand | 54/58 | €143,330 | €177,570 | +€34,239 | +23.9% |
| Deferred charges and accrued income | 490/1 | €105 | - | -€105 | |
| Total equity and liabilities | 10/49 | €576,362 | €578,969 | +€2,607 | +0.5% |
| Equity | 10/15 | €571,503 | €574,417 | +€2,915 | +0.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €14,432 | €14,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €8,182 | €8,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €494,571 | €497,486 | +€2,915 | +0.6% |
| Amounts payable | 17/49 | €4,860 | €4,552 | -€308 | -6.3% |
| Amounts payable after more than one year | 17 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 178/9 | €2,800 | €2,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,182 | €1,752 | +€570 | +48.2% |
| Financial debts | 43 | €85 | - | -€85 | |
| Credit institutions | 430/8 | €85 | - | -€85 | |
| Trade debts | 44 | €730 | €135 | -€595 | -81.5% |
| Suppliers | 440/4 | €730 | €135 | -€595 | -81.5% |
| Taxes, remuneration and social security | 45 | €368 | - | -€368 | |
| Remuneration and social security | 454/9 | €368 | - | -€368 | |
| Other amounts payable | 47/48 | - | €1,617 | +€1,617 | |
| Accrued charges and deferred income | 492/3 | €878 | - | -€878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,896 | €27,148 | +€2,252 | +9.0% |
| Other operating charges | 640/8 | €6,159 | €6,269 | +€110 | +1.8% |
| Gross operating margin | 9900 | €44,194 | €40,508 | -€3,686 | -8.3% |
| Operating profit (loss) | 9901 | €13,138 | €7,091 | -€6,047 | -46.0% |
| Financial income | 75/76B | €976 | €604 | -€372 | -38.1% |
| Recurring financial income | 75 | €976 | €604 | -€372 | -38.1% |
| Financial charges | 65/66B | €2,068 | €3,422 | +€1,354 | +65.5% |
| Recurring financial charges | 65 | €2,068 | €3,422 | +€1,354 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €12,046 | €4,273 | -€7,773 | -64.5% |
| Income taxes | 67/77 | €3,684 | €1,358 | -€2,326 | -63.1% |
| Profit (loss) for the period | 9904 | €8,362 | €2,915 | -€5,447 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,362 | €2,915 | -€5,447 | -65.1% |
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 3 October 2026 via checked.be.