ISOWIN: 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.
ISOWIN
Largest movements
- Cash -€128,686
down €128,686 (-16.6%), from €774,064 to €645,378
mainly Stocks and contracts (-€85,441) and Tax, wage and social debts (-€66,098)
- Stocks and contracts +€85,441
up €85,441 (+236%), from €36,220 to €121,661
- Tangible fixed assets -€22,186
down €22,186 (-25.6%), from €86,512 to €64,326
of which Furniture and vehicles: -€20,841
- Reserves +€72,727
up €72,727 (+18.1%), from €401,860 to €474,587
of which Distributable reserves: +€72,727
- Tax, wage and social debts -€66,098
down €66,098 (-51.9%), from €127,411 to €61,313
of which Taxes: -€83,864
- Trade debts -€64,975
down €64,975 (-76.9%), from €84,542 to €19,567
- Gross operating margin -€161,308
down €161,308 (-34.4%), from €469,524 to €308,216
- Taxes -€9,003
down €9,003 (-9.0%), from €100,276 to €91,273
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 | €1,556,265 | €1,498,521 | -€57,744 | -3.7% |
| Fixed assets | 21/28 | €86,512 | €64,326 | -€22,186 | -25.6% |
| Tangible fixed assets | 22/27 | €86,512 | €64,326 | -€22,186 | -25.6% |
| Plant, machinery and equipment | 23 | €7,649 | €6,304 | -€1,345 | -17.6% |
| Furniture and vehicles | 24 | €78,863 | €58,022 | -€20,841 | -26.4% |
| Current assets | 29/58 | €1,469,753 | €1,434,195 | -€35,558 | -2.4% |
| Stocks and contracts in progress | 3 | €36,220 | €121,661 | +€85,441 | +236% |
| Stocks | 30/36 | €36,220 | €121,661 | +€85,441 | +236% |
| Amounts receivable within one year | 40/41 | €650,368 | €656,688 | +€6,320 | +1.0% |
| Trade receivables | 40 | €602,232 | €519,676 | -€82,556 | -13.7% |
| Other amounts receivable | 41 | €48,136 | €137,012 | +€88,876 | +185% |
| Cash at bank and in hand | 54/58 | €774,064 | €645,378 | -€128,686 | -16.6% |
| Deferred charges and accrued income | 490/1 | €9,101 | €10,468 | +€1,367 | +15.0% |
| Total equity and liabilities | 10/49 | €1,556,265 | €1,498,521 | -€57,744 | -3.7% |
| Equity | 10/15 | €1,306,050 | €1,393,013 | +€86,963 | +6.7% |
| Contributions | 10/11 | €6,202 | €6,202 | = | 0.0% |
| Reserves | 13 | €401,860 | €474,587 | +€72,727 | +18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | €472,727 | +€72,727 | +18.2% |
| Profit (loss) carried forward | 14 | €897,988 | €912,224 | +€14,236 | +1.6% |
| Amounts payable | 17/49 | €250,215 | €105,508 | -€144,707 | -57.8% |
| Amounts payable after more than one year | 17 | €21,128 | €10,709 | -€10,419 | -49.3% |
| Financial debts | 170/4 | €21,128 | €10,709 | -€10,419 | -49.3% |
| Amounts payable within one year | 42/48 | €229,087 | €94,799 | -€134,288 | -58.6% |
| Current portion of amounts payable after more than one year | 42 | €13,634 | €10,419 | -€3,215 | -23.6% |
| Trade debts | 44 | €84,542 | €19,567 | -€64,975 | -76.9% |
| Suppliers | 440/4 | €84,542 | €19,567 | -€64,975 | -76.9% |
| Advances received on contracts in progress | 46 | €3,500 | €3,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €127,411 | €61,313 | -€66,098 | -51.9% |
| Taxes | 450/3 | €105,532 | €21,668 | -€83,864 | -79.5% |
| Remuneration and social security | 454/9 | €21,879 | €39,645 | +€17,766 | +81.2% |
| Remuneration, social security and pensions | 62 | €105,979 | €102,520 | -€3,459 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,567 | €27,588 | -€3,979 | -12.6% |
| Other operating charges | 640/8 | €5,480 | €6,164 | +€684 | +12.5% |
| Gross operating margin | 9900 | €469,524 | €308,216 | -€161,308 | -34.4% |
| Operating profit (loss) | 9901 | €326,498 | €171,944 | -€154,554 | -47.3% |
| Financial income | 75/76B | €4,080 | €8,494 | +€4,414 | +108% |
| Recurring financial income | 75 | €4,080 | €8,494 | +€4,414 | +108% |
| Financial charges | 65/66B | €2,151 | €2,202 | +€51 | +2.4% |
| Recurring financial charges | 65 | €2,151 | €2,202 | +€51 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €328,427 | €178,236 | -€150,191 | -45.7% |
| Income taxes | 67/77 | €100,276 | €91,273 | -€9,003 | -9.0% |
| Profit (loss) for the period | 9904 | €228,151 | €86,963 | -€141,188 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €228,151 | €86,963 | -€141,188 | -61.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.