ISOPHI: 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.
ISOPHI
Largest movements
- Cash -€48,706
down €48,706 (-98.3%), from €49,556 to €851
mainly Other debts (-€42,160) and Receivables within one year (-€29,199)
- Receivables within one year +€29,199
up €29,199 (+11.4%), from €255,515 to €284,714
of which Trade receivables: +€28,901
- Intangible fixed assets -€16,014
down €16,014 (-35.4%), from €45,194 to €29,180
- Current investments +€8,629
up €8,629 (+27,880%), from €31 to €8,660
- Other debts -€42,160
down €42,160 (-11.0%), from €382,928 to €340,767
- Profit (loss) carried forward +€19,619
up €19,619 (+35.9%), from -€54,653 to -€35,034
- Trade debts -€4,483
down €4,483 (-46.3%), from €9,676 to €5,193
- Depreciation -€10,721
down €10,721 (-40.1%), from €26,735 to €16,014
- Gross operating margin -€5,843
down €5,843 (-13.9%), from €41,954 to €36,111
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 | €356,701 | €329,676 | -€27,025 | -7.6% |
| Fixed assets | 21/28 | €45,194 | €29,180 | -€16,014 | -35.4% |
| Intangible fixed assets | 21 | €45,194 | €29,180 | -€16,014 | -35.4% |
| Current assets | 29/58 | €311,507 | €300,496 | -€11,011 | -3.5% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €255,515 | €284,714 | +€29,199 | +11.4% |
| Trade receivables | 40 | €254,226 | €283,127 | +€28,901 | +11.4% |
| Other amounts receivable | 41 | €1,289 | €1,587 | +€298 | +23.1% |
| Current investments | 50/53 | €31 | €8,660 | +€8,629 | +27,880% |
| Cash at bank and in hand | 54/58 | €49,556 | €851 | -€48,706 | -98.3% |
| Deferred charges and accrued income | 490/1 | €405 | €272 | -€133 | -32.9% |
| Total equity and liabilities | 10/49 | €356,701 | €329,676 | -€27,025 | -7.6% |
| Equity | 10/15 | -€35,903 | -€16,284 | +€19,619 | +54.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,653 | -€35,034 | +€19,619 | +35.9% |
| Amounts payable | 17/49 | €392,604 | €345,960 | -€46,643 | -11.9% |
| Amounts payable within one year | 42/48 | €392,604 | €345,960 | -€46,643 | -11.9% |
| Trade debts | 44 | €9,676 | €5,193 | -€4,483 | -46.3% |
| Suppliers | 440/4 | €9,676 | €5,193 | -€4,483 | -46.3% |
| Other amounts payable | 47/48 | €382,928 | €340,767 | -€42,160 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,735 | €16,014 | -€10,721 | -40.1% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €41,954 | €36,111 | -€5,843 | -13.9% |
| Operating profit (loss) | 9901 | €15,078 | €19,953 | +€4,874 | +32.3% |
| Financial charges | 65/66B | €230 | €334 | +€104 | +45.3% |
| Recurring financial charges | 65 | €230 | €334 | +€104 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €14,849 | €19,619 | +€4,770 | +32.1% |
| Profit (loss) for the period | 9904 | €14,849 | €19,619 | +€4,770 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,849 | €19,619 | +€4,770 | +32.1% |
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 19 October 2026 via checked.be.