ISO EMRY: 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 EMRY
Largest movements
- Cash +€56,130
up €56,130 (+118%), from €47,512 to €103,641
mainly Receivables within one year (+€27,362) and Net result for the year (+€18,467)
- Receivables within one year -€27,362
down €27,362 (-6.1%), from €450,225 to €422,863
of which Trade receivables: -€39,936
- Profit (loss) carried forward +€18,467
up €18,467 (+9.2%), from €199,656 to €218,123
- Trade debts +€16,326
up €16,326 (+8.0%), from €203,708 to €220,034
- Provisions -€14,243
no longer reported in 2025 (was €14,243)
- Staff costs +€113,888
up €113,888 (+20.3%), from €560,569 to €674,457
- Financial charges +€48,403
up €48,403 (+8,687%), from €557 to €48,960
- Gross operating margin +€45,788
up €45,788 (+6.7%), from €685,414 to €731,202
- Financial income +€19,840
up €19,840 (+264%), from €7,509 to €27,349
- Taxes -€18,335
down €18,335 (-56.2%), from €32,652 to €14,316
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 | €507,165 | €531,013 | +€23,848 | +4.7% |
| Fixed assets | 21/28 | €4,345 | €4,509 | +€164 | +3.8% |
| Tangible fixed assets | 22/27 | €1,345 | €1,394 | +€49 | +3.6% |
| Plant, machinery and equipment | 23 | - | €866 | +€866 | |
| Furniture and vehicles | 24 | €1,345 | €528 | -€817 | -60.8% |
| Financial fixed assets | 28 | €3,000 | €3,115 | +€115 | +3.8% |
| Current assets | 29/58 | €502,820 | €526,504 | +€23,684 | +4.7% |
| Amounts receivable within one year | 40/41 | €450,225 | €422,863 | -€27,362 | -6.1% |
| Trade receivables | 40 | €342,840 | €302,903 | -€39,936 | -11.6% |
| Other amounts receivable | 41 | €107,385 | €119,959 | +€12,574 | +11.7% |
| Cash at bank and in hand | 54/58 | €47,512 | €103,641 | +€56,130 | +118% |
| Deferred charges and accrued income | 490/1 | €5,084 | - | -€5,084 | |
| Total equity and liabilities | 10/49 | €507,165 | €531,013 | +€23,848 | +4.7% |
| Equity | 10/15 | €207,716 | €226,183 | +€18,467 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €199,656 | €218,123 | +€18,467 | +9.2% |
| Provisions and deferred taxes | 16 | €14,243 | - | -€14,243 | |
| Provisions for liabilities and charges | 160/5 | €14,243 | - | -€14,243 | |
| Other liabilities and charges | 164/5 | €14,243 | - | -€14,243 | |
| Amounts payable | 17/49 | €285,206 | €304,830 | +€19,624 | +6.9% |
| Amounts payable within one year | 42/48 | €285,206 | €304,830 | +€19,624 | +6.9% |
| Trade debts | 44 | €203,708 | €220,034 | +€16,326 | +8.0% |
| Suppliers | 440/4 | €203,708 | €220,034 | +€16,326 | +8.0% |
| Taxes, remuneration and social security | 45 | €81,498 | €84,796 | +€3,298 | +4.0% |
| Taxes | 450/3 | €63,240 | €46,968 | -€16,272 | -25.7% |
| Remuneration and social security | 454/9 | €18,258 | €37,828 | +€19,570 | +107% |
| Remuneration, social security and pensions | 62 | €560,569 | €674,457 | +€113,888 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €756 | €2,886 | +€2,130 | +282% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€273 | -€14,243 | -€13,970 | -5,118% |
| Other operating charges | 640/8 | €11,614 | €13,709 | +€2,095 | +18.0% |
| Gross operating margin | 9900 | €685,414 | €731,202 | +€45,788 | +6.7% |
| Operating profit (loss) | 9901 | €112,749 | €54,394 | -€58,356 | -51.8% |
| Financial income | 75/76B | €7,509 | €27,349 | +€19,840 | +264% |
| Recurring financial income | 75 | €7,509 | €27,349 | +€19,840 | +264% |
| Financial charges | 65/66B | €557 | €48,960 | +€48,403 | +8,687% |
| Recurring financial charges | 65 | €557 | €48,960 | +€48,403 | +8,687% |
| Profit (loss) for the period before taxes | 9903 | €119,701 | €32,783 | -€86,918 | -72.6% |
| Income taxes | 67/77 | €32,652 | €14,316 | -€18,335 | -56.2% |
| Profit (loss) for the period | 9904 | €87,050 | €18,467 | -€68,583 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,050 | €18,467 | -€68,583 | -78.8% |
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 15 October 2026 via checked.be.