ISLAKIP: 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.
ISLAKIP
Largest movements
- Receivables within one year +€213,492
up €213,492 (+81.0%), from €263,732 to €477,224
of which Trade receivables: +€219,326
- Cash +€25,803
up €25,803 (+67.6%), from €38,142 to €63,945
mainly Net result for the year (+€168,399) and Trade debts (+€44,585)
- Stocks and contracts -€14,493
down €14,493 (-76.3%), from €18,993 to €4,500
- Financial fixed assets +€6,000
new in 2025: €6,000
- Tangible fixed assets -€5,898
down €5,898 (-16.2%), from €36,397 to €30,499
of which Furniture and vehicles: -€12,000
- Profit (loss) carried forward +€168,399
up €168,399 (+322%), from €52,346 to €220,745
- Trade debts +€44,585
up €44,585 (+35.2%), from €126,592 to €171,177
- Tax, wage and social debts +€44,569
up €44,569 (+58.6%), from €76,042 to €120,611
of which Taxes: +€43,789
- Other debts -€26,182
down €26,182 (-47.8%), from €54,769 to €28,587
- Gross operating margin +€139,017
up €139,017 (+37.0%), from €375,520 to €514,537
- Taxes +€54,252
up €54,252 (+307%), from €17,659 to €71,911
- Staff costs -€36,925
down €36,925 (-12.5%), from €296,150 to €259,225
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 | €357,323 | €587,694 | +€230,371 | +64.5% |
| Fixed assets | 21/28 | €36,397 | €36,499 | +€102 | +0.3% |
| Tangible fixed assets | 22/27 | €36,397 | €30,499 | -€5,898 | -16.2% |
| Plant, machinery and equipment | 23 | - | €7,742 | +€7,742 | |
| Furniture and vehicles | 24 | €27,972 | €15,972 | -€12,000 | -42.9% |
| Other tangible fixed assets | 26 | €8,425 | €6,785 | -€1,640 | -19.5% |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €320,926 | €551,195 | +€230,269 | +71.8% |
| Stocks and contracts in progress | 3 | €18,993 | €4,500 | -€14,493 | -76.3% |
| Stocks | 30/36 | €18,993 | €4,500 | -€14,493 | -76.3% |
| Amounts receivable within one year | 40/41 | €263,732 | €477,224 | +€213,492 | +81.0% |
| Trade receivables | 40 | €252,898 | €472,224 | +€219,326 | +86.7% |
| Other amounts receivable | 41 | €10,834 | €5,000 | -€5,834 | -53.8% |
| Current investments | 50/53 | €59 | €91 | +€32 | +54.2% |
| Cash at bank and in hand | 54/58 | €38,142 | €63,945 | +€25,803 | +67.6% |
| Deferred charges and accrued income | 490/1 | - | €5,435 | +€5,435 | |
| Total equity and liabilities | 10/49 | €357,323 | €587,694 | +€230,371 | +64.5% |
| Equity | 10/15 | €79,846 | €248,245 | +€168,399 | +211% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,346 | €220,745 | +€168,399 | +322% |
| Amounts payable | 17/49 | €277,477 | €339,449 | +€61,972 | +22.3% |
| Amounts payable within one year | 42/48 | €273,477 | €339,449 | +€65,972 | +24.1% |
| Trade debts | 44 | €126,592 | €171,177 | +€44,585 | +35.2% |
| Suppliers | 440/4 | €126,592 | €171,177 | +€44,585 | +35.2% |
| Advances received on contracts in progress | 46 | €16,074 | €19,074 | +€3,000 | +18.7% |
| Taxes, remuneration and social security | 45 | €76,042 | €120,611 | +€44,569 | +58.6% |
| Taxes | 450/3 | €107 | €43,896 | +€43,789 | +40,924% |
| Remuneration and social security | 454/9 | €75,935 | €76,715 | +€780 | +1.0% |
| Other amounts payable | 47/48 | €54,769 | €28,587 | -€26,182 | -47.8% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €296,150 | €259,225 | -€36,925 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,510 | €15,576 | -€3,934 | -20.2% |
| Other operating charges | 640/8 | €6,038 | €2,264 | -€3,774 | -62.5% |
| Non-recurring operating charges | 66A | €6,267 | - | -€6,267 | |
| Gross operating margin | 9900 | €375,520 | €514,537 | +€139,017 | +37.0% |
| Operating profit (loss) | 9901 | €47,555 | €237,472 | +€189,917 | +399% |
| Financial income | 75/76B | €734 | €2,875 | +€2,141 | +292% |
| Recurring financial income | 75 | €59 | €37 | -€22 | -37.3% |
| Non-recurring financial income | 76B | €675 | €2,838 | +€2,163 | +320% |
| Financial charges | 65/66B | €178 | €37 | -€141 | -79.2% |
| Recurring financial charges | 65 | €178 | €37 | -€141 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €48,111 | €240,310 | +€192,199 | +399% |
| Income taxes | 67/77 | €17,659 | €71,911 | +€54,252 | +307% |
| Profit (loss) for the period | 9904 | €30,452 | €168,399 | +€137,947 | +453% |
| Profit (loss) for the period to be appropriated | 9905 | €30,452 | €168,399 | +€137,947 | +453% |
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 13 October 2026 via checked.be.