Ismail Group: 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.
Ismail Group
Largest movements
- Cash -€15,219
down €15,219 (-94.2%), from €16,150 to €931
mainly Net result for the year (-€8,773) and Receivables within one year (-€5,383)
- Receivables within one year +€5,383
up €5,383 (+241%), from €2,231 to €7,613
of which Other amounts receivable: +€5,383
- Tangible fixed assets -€2,906
down €2,906 (-24.2%), from €12,010 to €9,104
- Profit (loss) carried forward -€8,773
down €8,773 (-59.3%), from €14,796 to €6,023
- Tax, wage and social debts -€3,565
down €3,565 (-37.2%), from €9,583 to €6,018
of which Taxes: -€3,696
- Other debts -€938
down €938 (-100%), from €938 to €0
- Trade debts +€534
up €534 (+36.2%), from €1,474 to €2,008
- Gross operating margin -€17,475
down €17,475, from €12,728 to -€4,746
- Other operating charges -€3,802
down €3,802 (-83.0%), from €4,580 to €779
- Taxes -€1,979
down €1,979 (-90.9%), from €2,176 to €198
- Financial charges -€607
down €607 (-67.4%), from €900 to €293
- Financial income +€138
up €138 (+1,362%), from €10 to €148
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 | €30,391 | €17,648 | -€12,743 | -41.9% |
| Fixed assets | 21/28 | €12,010 | €9,104 | -€2,906 | -24.2% |
| Tangible fixed assets | 22/27 | €12,010 | €9,104 | -€2,906 | -24.2% |
| Furniture and vehicles | 24 | €12,010 | €9,104 | -€2,906 | -24.2% |
| Current assets | 29/58 | €18,381 | €8,544 | -€9,837 | -53.5% |
| Amounts receivable within one year | 40/41 | €2,231 | €7,613 | +€5,383 | +241% |
| Trade receivables | 40 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,231 | €6,613 | +€5,383 | +437% |
| Cash at bank and in hand | 54/58 | €16,150 | €931 | -€15,219 | -94.2% |
| Total equity and liabilities | 10/49 | €30,391 | €17,648 | -€12,743 | -41.9% |
| Equity | 10/15 | €18,396 | €9,623 | -€8,773 | -47.7% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,796 | €6,023 | -€8,773 | -59.3% |
| Amounts payable | 17/49 | €11,995 | €8,025 | -€3,969 | -33.1% |
| Amounts payable within one year | 42/48 | €11,995 | €8,025 | -€3,969 | -33.1% |
| Trade debts | 44 | €1,474 | €2,008 | +€534 | +36.2% |
| Suppliers | 440/4 | €1,474 | €2,008 | +€534 | +36.2% |
| Taxes, remuneration and social security | 45 | €9,583 | €6,018 | -€3,565 | -37.2% |
| Taxes | 450/3 | €6,070 | €2,374 | -€3,696 | -60.9% |
| Remuneration and social security | 454/9 | €3,513 | €3,644 | +€131 | +3.7% |
| Other amounts payable | 47/48 | €938 | €0 | -€938 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,906 | €2,906 | = | 0.0% |
| Other operating charges | 640/8 | €4,580 | €779 | -€3,802 | -83.0% |
| Gross operating margin | 9900 | €12,728 | -€4,746 | -€17,475 | |
| Operating profit (loss) | 9901 | €5,243 | -€8,430 | -€13,673 | |
| Financial income | 75/76B | €10 | €148 | +€138 | +1,362% |
| Recurring financial income | 75 | €10 | €148 | +€138 | +1,362% |
| Financial charges | 65/66B | €900 | €293 | -€607 | -67.4% |
| Recurring financial charges | 65 | €900 | €293 | -€607 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €4,353 | -€8,575 | -€12,928 | |
| Income taxes | 67/77 | €2,176 | €198 | -€1,979 | -90.9% |
| Profit (loss) for the period | 9904 | €2,176 | -€8,773 | -€10,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,176 | -€8,773 | -€10,950 |
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 16 October 2026 via checked.be.