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ISPAHAN: 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.

What changed

ISPAHAN

BE 0466.426.973
fiscal year 2023 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
-€4,057
2023 · -€1,403-€2,654
Equity
€17.1m
2023 · €17.1m-€4,057
Cash
€524
2023 · €433+€91
Balance sheet total
€17.1m
2023 · €17.1m-€84

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin -€2,243

        down €2,243 (-779.8%), from -€288 to -€2,531

      • Financial charges +€393

        up €393 (+988.3%), from €40 to €433

      From the 2023 result to the 2024 result

      effect on the 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.

      Result 2023 -€1,403
      Gross operating margin -€2,243
      Other operating charges -€18
      Financial charges -€393
      Result 2024 -€4,057

      Cash bridge derived

      cash 2023 to 2024

      A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

      Every line side by side 29 lines
      Line Code 2023 2024 Change %
      Total assets 20/58 €17,058,162 €17,058,077 -€84 0.0%
      Fixed assets 21/28 €17,057,553 €17,057,553 = 0.0%
      Financial fixed assets 28 €17,057,553 €17,057,553 = 0.0%
      Current assets 29/58 €608 €524 -€84 -13.9%
      Amounts receivable within one year 40/41 €175 - -€175
      Other amounts receivable 41 €175 - -€175
      Cash at bank and in hand 54/58 €433 €524 +€91 +21.0%
      Total equity and liabilities 10/49 €17,058,162 €17,058,077 -€84 0.0%
      Equity 10/15 €17,054,985 €17,050,928 -€4,057 0.0%
      Contributions 10/11 €17,055,000 €17,055,000 = 0.0%
      Capital 10 €17,055,000 €17,055,000 = 0.0%
      Issued capital 100 €17,055,000 €17,055,000 = 0.0%
      Reserves 13 €5,382 €5,382 = 0.0%
      Non-distributable reserves 130/1 €5,382 €5,382 = 0.0%
      Legal reserve 130 €5,382 €5,382 = 0.0%
      Profit (loss) carried forward 14 -€5,397 -€9,454 -€4,057 -75.2%
      Amounts payable 17/49 €3,177 €7,150 +€3,973 +125.0%
      Amounts payable within one year 42/48 €3,177 €7,150 +€3,973 +125.0%
      Trade debts 44 €1,075 - -€1,075
      Suppliers 440/4 €1,075 - -€1,075
      Other amounts payable 47/48 €2,102 €7,150 +€5,048 +240.2%
      Other operating charges 640/8 €1,075 €1,094 +€18 +1.7%
      Gross operating margin 9900 -€288 -€2,531 -€2,243 -779.8%
      Operating profit (loss) 9901 -€1,363 -€3,624 -€2,261 -165.9%
      Financial charges 65/66B €40 €433 +€393 +988.3%
      Recurring financial charges 65 €40 €433 +€393 +988.3%
      Profit (loss) for the period before taxes 9903 -€1,403 -€4,057 -€2,654 -189.2%
      Profit (loss) for the period 9904 -€1,403 -€4,057 -€2,654 -189.2%
      Profit (loss) for the period to be appropriated 9905 -€1,403 -€4,057 -€2,654 -189.2%

      Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.