ISIS REIZEN: 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.
ISIS REIZEN
Largest movements
- Current investments +€50,000
up €50,000 (+50.0%), from €100,000 to €150,000
- Cash -€20,008
down €20,008 (-6.2%), from €320,702 to €300,694
mainly Current investments (-€50,000) and Deferred charges and accrued income (-€11,196)
- Deferred charges and accrued income +€11,196
up €11,196 (+6.4%), from €175,710 to €186,906
- Tangible fixed assets -€7,501
down €7,501 (-9.8%), from €76,608 to €69,107
of which Land and buildings: -€5,199
- Advances received +€18,631
up €18,631 (+6.4%), from €289,711 to €308,343
- Reserves +€17,269
up €17,269 (+6.1%), from €283,538 to €300,807
- Gross operating margin -€12,356
down €12,356 (-12.9%), from €95,582 to €83,226
- Taxes -€3,996
down €3,996 (-31.3%), from €12,764 to €8,768
- Other operating charges +€3,938
up €3,938 (+109%), from €3,617 to €7,555
- Financial income +€2,850
up €2,850 (+122%), from €2,345 to €5,195
- Staff costs +€1,738
up €1,738 (+3.9%), from €44,849 to €46,587
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.
Derived cash bridge
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 | €689,368 | €723,234 | +€33,866 | +4.9% |
| Fixed assets | 21/28 | €76,608 | €69,107 | -€7,501 | -9.8% |
| Tangible fixed assets | 22/27 | €76,608 | €69,107 | -€7,501 | -9.8% |
| Land and buildings | 22 | €70,652 | €65,454 | -€5,199 | -7.4% |
| Furniture and vehicles | 24 | €5,955 | €3,653 | -€2,302 | -38.7% |
| Current assets | 29/58 | €612,761 | €654,127 | +€41,366 | +6.8% |
| Amounts receivable within one year | 40/41 | €16,349 | €16,527 | +€178 | +1.1% |
| Other amounts receivable | 41 | €16,349 | €16,527 | +€178 | +1.1% |
| Current investments | 50/53 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €320,702 | €300,694 | -€20,008 | -6.2% |
| Deferred charges and accrued income | 490/1 | €175,710 | €186,906 | +€11,196 | +6.4% |
| Total equity and liabilities | 10/49 | €689,368 | €723,234 | +€33,866 | +4.9% |
| Equity | 10/15 | €367,873 | €385,142 | +€17,269 | +4.7% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Reserves | 13 | €283,538 | €300,807 | +€17,269 | +6.1% |
| Distributable reserves | 133 | €283,538 | €300,807 | +€17,269 | +6.1% |
| Profit (loss) carried forward | 14 | €3,335 | €3,335 | = | 0.0% |
| Amounts payable | 17/49 | €321,495 | €338,092 | +€16,596 | +5.2% |
| Amounts payable within one year | 42/48 | €307,451 | €320,187 | +€12,736 | +4.1% |
| Trade debts | 44 | €1,591 | €1,517 | -€75 | -4.7% |
| Suppliers | 440/4 | €1,591 | €1,517 | -€75 | -4.7% |
| Advances received on contracts in progress | 46 | €289,711 | €308,343 | +€18,631 | +6.4% |
| Taxes, remuneration and social security | 45 | €11,465 | €8,305 | -€3,160 | -27.6% |
| Taxes | 450/3 | €4,144 | €2,796 | -€1,348 | -32.5% |
| Remuneration and social security | 454/9 | €7,321 | €5,509 | -€1,812 | -24.7% |
| Other amounts payable | 47/48 | €4,683 | €2,022 | -€2,661 | -56.8% |
| Accrued charges and deferred income | 492/3 | €14,045 | €17,905 | +€3,860 | +27.5% |
| Remuneration, social security and pensions | 62 | €44,849 | €46,587 | +€1,738 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,801 | €7,501 | +€699 | +10.3% |
| Other operating charges | 640/8 | €3,617 | €7,555 | +€3,938 | +109% |
| Gross operating margin | 9900 | €95,582 | €83,226 | -€12,356 | -12.9% |
| Operating profit (loss) | 9901 | €40,314 | €21,584 | -€18,731 | -46.5% |
| Financial income | 75/76B | €2,345 | €5,195 | +€2,850 | +122% |
| Recurring financial income | 75 | €2,345 | €5,195 | +€2,850 | +122% |
| Financial charges | 65/66B | €1,786 | €741 | -€1,045 | -58.5% |
| Recurring financial charges | 65 | €1,786 | €741 | -€1,045 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €40,873 | €26,038 | -€14,835 | -36.3% |
| Income taxes | 67/77 | €12,764 | €8,768 | -€3,996 | -31.3% |
| Profit (loss) for the period | 9904 | €28,108 | €17,269 | -€10,839 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,108 | €17,269 | -€10,839 | -38.6% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.