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
- Current investments +€100,376
new in 2025: €100,376
- Tangible fixed assets -€42,383
down €42,383 (-24.2%), from €174,816 to €132,433
of which Furniture and vehicles: -€33,317
- Receivables within one year -€10,299
down €10,299 (-16.0%), from €64,489 to €54,190
of which Trade receivables: -€10,299
- Reserves +€86,811
up €86,811 (+106.1%), from €81,818 to €168,629
- Profit (loss) carried forward -€33,469
down €33,469 (-16.4%), from €203,945 to €170,476
- Tax, wage and social debts -€10,219
down €10,219 (-65.8%), from €15,519 to €5,300
- Taxes +€13,972
up €13,972 (+149.6%), from €9,337 to €23,309
- Gross operating margin -€13,414
down €13,414 (-9.7%), from €138,409 to €124,995
- Depreciation +€3,029
up €3,029 (+6.8%), from €44,542 to €47,571
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 | €321,742 | €364,865 | +€43,123 | +13.4% |
| Fixed assets | 21/28 | €174,816 | €132,433 | -€42,383 | -24.2% |
| Tangible fixed assets | 22/27 | €174,816 | €132,433 | -€42,383 | -24.2% |
| Plant, machinery and equipment | 23 | €41,475 | €32,409 | -€9,066 | -21.9% |
| Furniture and vehicles | 24 | €133,341 | €100,024 | -€33,317 | -25.0% |
| Current assets | 29/58 | €146,926 | €232,432 | +€85,506 | +58.2% |
| Amounts receivable within one year | 40/41 | €64,489 | €54,190 | -€10,299 | -16.0% |
| Trade receivables | 40 | €44,489 | €34,190 | -€10,299 | -23.1% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Current investments | 50/53 | - | €100,376 | +€100,376 | |
| Cash at bank and in hand | 54/58 | €78,843 | €75,555 | -€3,288 | -4.2% |
| Deferred charges and accrued income | 490/1 | €3,594 | €2,311 | -€1,283 | -35.7% |
| Total equity and liabilities | 10/49 | €321,742 | €364,865 | +€43,123 | +13.4% |
| Equity | 10/15 | €306,223 | €359,565 | +€53,342 | +17.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Capital | 10 | €20,460 | - | -€20,460 | |
| Issued capital | 100 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €81,818 | €168,629 | +€86,811 | +106.1% |
| Distributable reserves | 133 | €81,818 | €168,629 | +€86,811 | +106.1% |
| Profit (loss) carried forward | 14 | €203,945 | €170,476 | -€33,469 | -16.4% |
| Amounts payable | 17/49 | €15,519 | €5,300 | -€10,219 | -65.8% |
| Amounts payable within one year | 42/48 | €15,519 | €5,300 | -€10,219 | -65.8% |
| Taxes, remuneration and social security | 45 | €15,519 | €5,300 | -€10,219 | -65.8% |
| Taxes | 450/3 | €15,519 | €5,300 | -€10,219 | -65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,542 | €47,571 | +€3,029 | +6.8% |
| Other operating charges | 640/8 | €690 | €708 | +€18 | +2.6% |
| Gross operating margin | 9900 | €138,409 | €124,995 | -€13,414 | -9.7% |
| Operating profit (loss) | 9901 | €93,177 | €76,716 | -€16,461 | -17.7% |
| Financial income | 75/76B | - | €537 | +€537 | |
| Recurring financial income | 75 | - | €537 | +€537 | |
| Financial charges | 65/66B | €275 | €602 | +€327 | +118.9% |
| Recurring financial charges | 65 | €275 | €602 | +€327 | +118.9% |
| Profit (loss) for the period before taxes | 9903 | €92,902 | €76,651 | -€16,251 | -17.5% |
| Income taxes | 67/77 | €9,337 | €23,309 | +€13,972 | +149.6% |
| Profit (loss) for the period | 9904 | €83,565 | €53,342 | -€30,223 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,565 | €53,342 | -€30,223 | -36.2% |
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.