ISITEC BENELUX: 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.
ISITEC BENELUX
Largest movements
- Receivables within one year +€412,452
up €412,452 (+119%), from €347,569 to €760,022
of which Trade receivables: +€481,205
- Cash +€13,940
up €13,940 (+126%), from €11,079 to €25,018
mainly Trade debts (+€383,056) and Tax, wage and social debts (+€108,002)
- Trade debts +€383,056
up €383,056 (+104%), from €367,304 to €750,360
- Tax, wage and social debts +€108,002
up €108,002 (+956%), from €11,301 to €119,303
- Profit (loss) carried forward -€68,854
down €68,854 (-73.9%), from -€93,176 to -€162,029
- Taxes -€33,132
no longer reported in 2025 (was €33,132)
- Gross operating margin -€19,053
down €19,053 (-93.9%), from -€20,281 to -€39,334
- Other operating charges -€2,114
down €2,114 (-77.6%), from €2,723 to €610
- Financial charges -€1,871
down €1,871 (-89.4%), from €2,093 to €222
- Depreciation -€852
down €852 (-16.9%), from €5,040 to €4,188
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 | €364,390 | €786,594 | +€422,204 | +116% |
| Fixed assets | 21/28 | €5,742 | €1,554 | -€4,188 | -72.9% |
| Intangible fixed assets | 21 | €3,500 | €771 | -€2,729 | -78.0% |
| Tangible fixed assets | 22/27 | €2,242 | €782 | -€1,459 | -65.1% |
| Furniture and vehicles | 24 | €2,242 | €782 | -€1,459 | -65.1% |
| Current assets | 29/58 | €358,648 | €785,040 | +€426,392 | +119% |
| Amounts receivable within one year | 40/41 | €347,569 | €760,022 | +€412,452 | +119% |
| Trade receivables | 40 | €148,904 | €630,109 | +€481,205 | +323% |
| Other amounts receivable | 41 | €198,665 | €129,913 | -€68,753 | -34.6% |
| Cash at bank and in hand | 54/58 | €11,079 | €25,018 | +€13,940 | +126% |
| Total equity and liabilities | 10/49 | €364,390 | €786,594 | +€422,204 | +116% |
| Equity | 10/15 | -€14,216 | -€83,069 | -€68,854 | -484% |
| Contributions | 10/11 | €78,960 | €78,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,176 | -€162,029 | -€68,854 | -73.9% |
| Amounts payable | 17/49 | €378,605 | €869,663 | +€491,058 | +130% |
| Amounts payable within one year | 42/48 | €378,605 | €869,663 | +€491,058 | +130% |
| Trade debts | 44 | €367,304 | €750,360 | +€383,056 | +104% |
| Suppliers | 440/4 | €367,304 | €750,360 | +€383,056 | +104% |
| Taxes, remuneration and social security | 45 | €11,301 | €119,303 | +€108,002 | +956% |
| Taxes | 450/3 | €11,301 | €119,303 | +€108,002 | +956% |
| Non-recurring operating income | 76A | €104,217 | €11,570 | -€92,647 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,040 | €4,188 | -€852 | -16.9% |
| Other operating charges | 640/8 | €2,723 | €610 | -€2,114 | -77.6% |
| Non-recurring operating charges | 66A | - | €24,500 | +€24,500 | |
| Gross operating margin | 9900 | -€20,281 | -€39,334 | -€19,053 | -93.9% |
| Operating profit (loss) | 9901 | -€28,044 | -€68,632 | -€40,587 | -145% |
| Financial income | 75/76B | €0 | €0 | -€0 | -84.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -84.6% |
| Financial charges | 65/66B | €2,093 | €222 | -€1,871 | -89.4% |
| Recurring financial charges | 65 | €2,093 | €222 | -€1,871 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,137 | -€68,854 | -€38,717 | -128% |
| Income taxes | 67/77 | €33,132 | - | -€33,132 | |
| Profit (loss) for the period | 9904 | -€63,269 | -€68,854 | -€5,585 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,269 | -€68,854 | -€5,585 | -8.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.