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
- Intangible fixed assets +€23,489
up €23,489 (+7075.0%), from €332 to €23,821
- Tangible fixed assets -€22,705
down €22,705 (-27.5%), from €82,534 to €59,829
of which Furniture and vehicles: -€15,135
- Cash +€13,976
up €13,976 (+39.8%), from €35,072 to €49,048
mainly Depreciation (+€26,962) and Net result for the year (+€22,574)
- Receivables within one year -€5,069
down €5,069 (-6.8%), from €74,241 to €69,172
of which Trade receivables: -€2,729
- Debts after one year -€10,331
down €10,331 (-56.2%), from €18,391 to €8,060
- Reserves +€10,159
up €10,159 (+24.3%), from €41,757 to €51,916
of which Distributable reserves: +€12,700
- Trade debts +€8,376
up €8,376 (+44.6%), from €18,775 to €27,151
- Tax, wage and social debts +€3,217
up €3,217 (+21.5%), from €14,969 to €18,186
- Depreciation -€8,708
down €8,708 (-24.4%), from €35,670 to €26,962
- Gross operating margin +€6,468
up €6,468 (+11.8%), from €55,021 to €61,489
- Taxes +€3,421
up €3,421 (+60.4%), from €5,660 to €9,081
- Other operating charges -€1,060
down €1,060 (-26.5%), from €3,999 to €2,939
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 | €206,143 | €218,402 | +€12,259 | +5.9% |
| Fixed assets | 21/28 | €82,866 | €83,650 | +€784 | +0.9% |
| Intangible fixed assets | 21 | €332 | €23,821 | +€23,489 | +7075.0% |
| Tangible fixed assets | 22/27 | €82,534 | €59,829 | -€22,705 | -27.5% |
| Land and buildings | 22 | €39,841 | €31,862 | -€7,979 | -20.0% |
| Plant, machinery and equipment | 23 | €1,627 | €2,161 | +€534 | +32.8% |
| Furniture and vehicles | 24 | €40,446 | €25,311 | -€15,135 | -37.4% |
| Other tangible fixed assets | 26 | €620 | €495 | -€125 | -20.2% |
| Current assets | 29/58 | €123,277 | €134,752 | +€11,475 | +9.3% |
| Stocks and contracts in progress | 3 | €12,559 | €13,277 | +€718 | +5.7% |
| Stocks | 30/36 | €12,559 | €13,277 | +€718 | +5.7% |
| Amounts receivable within one year | 40/41 | €74,241 | €69,172 | -€5,069 | -6.8% |
| Trade receivables | 40 | €71,901 | €69,172 | -€2,729 | -3.8% |
| Other amounts receivable | 41 | €2,340 | - | -€2,340 | |
| Cash at bank and in hand | 54/58 | €35,072 | €49,048 | +€13,976 | +39.8% |
| Deferred charges and accrued income | 490/1 | €1,405 | €3,255 | +€1,850 | +131.7% |
| Total equity and liabilities | 10/49 | €206,143 | €218,402 | +€12,259 | +5.9% |
| Equity | 10/15 | €121,493 | €132,067 | +€10,574 | +8.7% |
| Contributions | 10/11 | €26,800 | €26,800 | = | 0.0% |
| Reserves | 13 | €41,757 | €51,916 | +€10,159 | +24.3% |
| Tax-exempt reserves | 132 | €41,757 | €39,216 | -€2,541 | -6.1% |
| Distributable reserves | 133 | - | €12,700 | +€12,700 | |
| Profit (loss) carried forward | 14 | €52,936 | €53,351 | +€415 | +0.8% |
| Provisions and deferred taxes | 16 | €6,541 | €5,233 | -€1,308 | -20.0% |
| Deferred taxes | 168 | €6,541 | €5,233 | -€1,308 | -20.0% |
| Amounts payable | 17/49 | €78,109 | €81,102 | +€2,993 | +3.8% |
| Amounts payable after more than one year | 17 | €18,391 | €8,060 | -€10,331 | -56.2% |
| Financial debts | 170/4 | €18,391 | €8,060 | -€10,331 | -56.2% |
| Amounts payable within one year | 42/48 | €59,718 | €73,042 | +€13,324 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €9,875 | €10,331 | +€456 | +4.6% |
| Trade debts | 44 | €18,775 | €27,151 | +€8,376 | +44.6% |
| Suppliers | 440/4 | €18,775 | €27,151 | +€8,376 | +44.6% |
| Taxes, remuneration and social security | 45 | €14,969 | €18,186 | +€3,217 | +21.5% |
| Taxes | 450/3 | €14,969 | €18,186 | +€3,217 | +21.5% |
| Other amounts payable | 47/48 | €16,099 | €17,374 | +€1,275 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,670 | €26,962 | -€8,708 | -24.4% |
| Other operating charges | 640/8 | €3,999 | €2,939 | -€1,060 | -26.5% |
| Gross operating margin | 9900 | €55,021 | €61,489 | +€6,468 | +11.8% |
| Operating profit (loss) | 9901 | €15,352 | €31,588 | +€16,236 | +105.8% |
| Financial income | 75/76B | €53 | €19 | -€34 | -64.2% |
| Recurring financial income | 75 | €53 | €19 | -€34 | -64.2% |
| Financial charges | 65/66B | €1,702 | €1,260 | -€442 | -26.0% |
| Recurring financial charges | 65 | €1,702 | €1,260 | -€442 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €13,703 | €30,347 | +€16,644 | +121.5% |
| Transfer from deferred taxes | 780 | €1,308 | €1,308 | = | 0.0% |
| Income taxes | 67/77 | €5,660 | €9,081 | +€3,421 | +60.4% |
| Profit (loss) for the period | 9904 | €9,351 | €22,574 | +€13,223 | +141.4% |
| Transfer from tax-exempt reserves | 789 | €2,541 | €2,541 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,892 | €25,115 | +€13,223 | +111.2% |
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.