ISO-ALLIANCE: 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.
ISO-ALLIANCE
Largest movements
- Receivables within one year +€78,057
up €78,057 (+576%), from €13,549 to €91,605
of which Trade receivables: +€77,098
- Cash +€16,446
up €16,446 (+310,897%), from €5 to €16,452
mainly Net result for the year (+€126,750) and Depreciation (+€11,008)
- Tangible fixed assets -€11,008
no longer reported in 2025 (was €11,008)
- Profit (loss) carried forward +€126,750
up €126,750, from -€93,323 to €33,426
- Trade debts -€15,340
down €15,340 (-96.2%), from €15,941 to €601
- Current portion of long-term debt -€12,577
no longer reported in 2025 (was €12,577)
- Tax, wage and social debts -€11,996
down €11,996 (-46.7%), from €25,669 to €13,673
of which Taxes: -€10,149
- Other debts -€5,635
down €5,635 (-15.0%), from €37,470 to €31,835
- Staff costs -€93,555
no longer reported in 2025 (was €93,555)
- Gross operating margin +€33,296
up €33,296 (+27.5%), from €121,230 to €154,526
- Taxes +€11,131
up €11,131 (+2,570%), from €433 to €11,564
- Depreciation -€5,992
down €5,992 (-35.2%), from €17,000 to €11,008
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 | €35,514 | €119,632 | +€84,118 | +237% |
| Fixed assets | 21/28 | €21,960 | €10,769 | -€11,191 | -51.0% |
| Tangible fixed assets | 22/27 | €11,008 | - | -€11,008 | |
| Plant, machinery and equipment | 23 | €11,008 | - | -€11,008 | |
| Financial fixed assets | 28 | €10,952 | €10,769 | -€183 | -1.7% |
| Current assets | 29/58 | €13,554 | €108,863 | +€95,309 | +703% |
| Amounts receivable within one year | 40/41 | €13,549 | €91,605 | +€78,057 | +576% |
| Trade receivables | 40 | €13,549 | €90,646 | +€77,098 | +569% |
| Other amounts receivable | 41 | - | €959 | +€959 | |
| Cash at bank and in hand | 54/58 | €5 | €16,452 | +€16,446 | +310,897% |
| Deferred charges and accrued income | 490/1 | - | €806 | +€806 | |
| Total equity and liabilities | 10/49 | €35,514 | €119,632 | +€84,118 | +237% |
| Equity | 10/15 | -€79,063 | €47,686 | +€126,750 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,323 | €33,426 | +€126,750 | |
| Amounts payable | 17/49 | €114,577 | €71,946 | -€42,632 | -37.2% |
| Amounts payable after more than one year | 17 | €22,921 | €25,837 | +€2,917 | +12.7% |
| Financial debts | 170/4 | €22,921 | €25,837 | +€2,917 | +12.7% |
| Amounts payable within one year | 42/48 | €91,657 | €46,109 | -€45,548 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €12,577 | - | -€12,577 | |
| Trade debts | 44 | €15,941 | €601 | -€15,340 | -96.2% |
| Suppliers | 440/4 | €15,941 | €601 | -€15,340 | -96.2% |
| Taxes, remuneration and social security | 45 | €25,669 | €13,673 | -€11,996 | -46.7% |
| Taxes | 450/3 | €23,821 | €13,673 | -€10,149 | -42.6% |
| Remuneration and social security | 454/9 | €1,848 | - | -€1,848 | |
| Other amounts payable | 47/48 | €37,470 | €31,835 | -€5,635 | -15.0% |
| Remuneration, social security and pensions | 62 | €93,555 | - | -€93,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,000 | €11,008 | -€5,992 | -35.2% |
| Other operating charges | 640/8 | - | €295 | +€295 | |
| Non-recurring operating charges | 66A | - | €3,516 | +€3,516 | |
| Gross operating margin | 9900 | €121,230 | €154,526 | +€33,296 | +27.5% |
| Operating profit (loss) | 9901 | €10,675 | €139,707 | +€129,032 | +1,209% |
| Financial charges | 65/66B | €1,563 | €1,393 | -€169 | -10.8% |
| Recurring financial charges | 65 | €1,563 | €1,393 | -€169 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €9,113 | €138,314 | +€129,201 | +1,418% |
| Income taxes | 67/77 | €433 | €11,564 | +€11,131 | +2,570% |
| Profit (loss) for the period | 9904 | €8,680 | €126,750 | +€118,070 | +1,360% |
| Profit (loss) for the period to be appropriated | 9905 | €8,680 | €126,750 | +€118,070 | +1,360% |
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 21 October 2026 via checked.be.