ISMA & CO: 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.
ISMA & CO
Largest movements
- Cash -€4,481
down €4,481 (-32.8%), from €13,680 to €9,199
mainly Net result for the year (-€3,620) and Receivables within one year (-€1,481)
- Receivables within one year +€1,481
up €1,481 (+13.9%), from €10,670 to €12,150
of which Other amounts receivable: +€1,650
- Tangible fixed assets +€769
new in 2024: €769
- Profit (loss) carried forward -€3,620
down €3,620 (-57.7%), from €6,277 to €2,657
- Trade debts +€1,569
up €1,569 (+67.0%), from €2,341 to €3,910
- Gross operating margin -€9,738
down €9,738 (-27.6%), from €35,347 to €25,608
- Taxes -€3,191
no longer reported in 2024 (was €3,191)
- Staff costs +€2,418
up €2,418 (+11.4%), from €21,279 to €23,697
- Other operating charges -€651
down €651 (-12.5%), from €5,201 to €4,550
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,980 | €23,748 | -€2,232 | -8.6% |
| Fixed assets | 21/28 | €1,630 | €2,399 | +€769 | +47.2% |
| Tangible fixed assets | 22/27 | - | €769 | +€769 | |
| Furniture and vehicles | 24 | - | €769 | +€769 | |
| Financial fixed assets | 28 | €1,630 | €1,630 | = | 0.0% |
| Current assets | 29/58 | €24,350 | €21,349 | -€3,001 | -12.3% |
| Amounts receivable within one year | 40/41 | €10,670 | €12,150 | +€1,481 | +13.9% |
| Trade receivables | 40 | €7,877 | €7,708 | -€169 | -2.1% |
| Other amounts receivable | 41 | €2,793 | €4,443 | +€1,650 | +59.1% |
| Cash at bank and in hand | 54/58 | €13,680 | €9,199 | -€4,481 | -32.8% |
| Total equity and liabilities | 10/49 | €25,980 | €23,748 | -€2,232 | -8.6% |
| Equity | 10/15 | €12,977 | €9,357 | -€3,620 | -27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,277 | €2,657 | -€3,620 | -57.7% |
| Amounts payable | 17/49 | €13,003 | €14,391 | +€1,388 | +10.7% |
| Amounts payable within one year | 42/48 | €13,003 | €14,391 | +€1,388 | +10.7% |
| Trade debts | 44 | €2,341 | €3,910 | +€1,569 | +67.0% |
| Suppliers | 440/4 | €2,341 | €3,910 | +€1,569 | +67.0% |
| Taxes, remuneration and social security | 45 | €9,862 | €9,681 | -€180 | -1.8% |
| Taxes | 450/3 | €7,663 | €6,863 | -€800 | -10.4% |
| Remuneration and social security | 454/9 | €2,199 | €2,818 | +€619 | +28.2% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €21,279 | €23,697 | +€2,418 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €318 | +€318 | |
| Other operating charges | 640/8 | €5,201 | €4,550 | -€651 | -12.5% |
| Gross operating margin | 9900 | €35,347 | €25,608 | -€9,738 | -27.6% |
| Operating profit (loss) | 9901 | €8,867 | -€2,956 | -€11,823 | |
| Financial charges | 65/66B | €703 | €664 | -€39 | -5.5% |
| Recurring financial charges | 65 | €703 | €664 | -€39 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €8,164 | -€3,620 | -€11,784 | |
| Income taxes | 67/77 | €3,191 | - | -€3,191 | |
| Profit (loss) for the period | 9904 | €4,973 | -€3,620 | -€8,593 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,973 | -€3,620 | -€8,593 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.