ISOWAY: 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.
ISOWAY
Largest movements
- Tangible fixed assets -€9,384
down €9,384 (-53.8%), from €17,454 to €8,069
- Cash -€3,047
down €3,047 (-49.0%), from €6,215 to €3,168
mainly Net result for the year (-€27,289) and Trade debts (-€3,289)
- Profit (loss) carried forward -€27,289
down €27,289 (-2009.4%), from -€1,358 to -€28,647
- Other debts +€17,902
up €17,902 (+114.6%), from €15,618 to €33,520
- Trade debts -€3,289
down €3,289 (-75.0%), from €4,386 to €1,097
- Gross operating margin -€19,596
down €19,596, from €3,076 to -€16,521
- Write-downs +€400
new in 2025: €400
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.
Cash bridge derived
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 | €29,018 | €16,391 | -€12,627 | -43.5% |
| Fixed assets | 21/28 | €17,604 | €8,219 | -€9,384 | -53.3% |
| Tangible fixed assets | 22/27 | €17,454 | €8,069 | -€9,384 | -53.8% |
| Furniture and vehicles | 24 | €17,454 | €8,069 | -€9,384 | -53.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €11,414 | €8,172 | -€3,242 | -28.4% |
| Amounts receivable within one year | 40/41 | €3,824 | €3,745 | -€79 | -2.1% |
| Trade receivables | 40 | €2,871 | €3,225 | +€355 | +12.4% |
| Other amounts receivable | 41 | €953 | €520 | -€434 | -45.5% |
| Cash at bank and in hand | 54/58 | €6,215 | €3,168 | -€3,047 | -49.0% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,259 | -€116 | -8.4% |
| Total equity and liabilities | 10/49 | €29,018 | €16,391 | -€12,627 | -43.5% |
| Equity | 10/15 | €8,642 | -€18,647 | -€27,289 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,358 | -€28,647 | -€27,289 | -2009.4% |
| Amounts payable | 17/49 | €20,376 | €35,038 | +€14,662 | +72.0% |
| Amounts payable within one year | 42/48 | €20,376 | €35,038 | +€14,662 | +72.0% |
| Trade debts | 44 | €4,386 | €1,097 | -€3,289 | -75.0% |
| Suppliers | 440/4 | €4,386 | €1,097 | -€3,289 | -75.0% |
| Taxes, remuneration and social security | 45 | €372 | €421 | +€49 | +13.1% |
| Taxes | 450/3 | €372 | €421 | +€49 | +13.1% |
| Other amounts payable | 47/48 | €15,618 | €33,520 | +€17,902 | +114.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,230 | €9,384 | +€154 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €623 | €552 | -€71 | -11.4% |
| Gross operating margin | 9900 | €3,076 | -€16,521 | -€19,596 | |
| Operating profit (loss) | 9901 | -€6,777 | -€26,857 | -€20,079 | -296.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €270 | €225 | -€44 | -16.4% |
| Recurring financial charges | 65 | €270 | €225 | -€44 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,046 | -€27,082 | -€20,036 | -284.3% |
| Income taxes | 67/77 | €210 | €207 | -€4 | -1.8% |
| Profit (loss) for the period | 9904 | -€7,257 | -€27,289 | -€20,032 | -276.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,257 | -€27,289 | -€20,032 | -276.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.