ISRAE SERVICES: 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.
ISRAE SERVICES
Largest movements
- Deferred charges and accrued income +€31,958
new in 2025: €31,958
- Cash +€15,425
up €15,425 (+1,183%), from €1,304 to €16,730
mainly Trade debts (+€35,410) and Accrued charges and deferred income (+€29,374)
- Receivables within one year +€12,987
up €12,987 (+83.1%), from €15,634 to €28,621
of which Other amounts receivable: +€28,350
- Tangible fixed assets +€9,764
new in 2025: €9,764
- Trade debts +€35,410
up €35,410 (+8,361%), from €424 to €35,834
- Accrued charges and deferred income +€29,374
new in 2025: €29,374
- Profit (loss) carried forward +€13,297
up €13,297 (+449%), from €2,958 to €16,256
- Other debts -€10,786
no longer reported in 2025 (was €10,786)
- Tax, wage and social debts +€2,863
up €2,863 (+384%), from €747 to €3,610
- Gross operating margin +€12,493
up €12,493 (+268%), from €4,663 to €17,155
- Taxes +€2,863
up €2,863 (+384%), from €747 to €3,610
- Financial income +€302
new in 2025: €302
- Depreciation +€236
new in 2025: €236
- Other operating charges +€175
new in 2025: €175
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 | €16,938 | €87,073 | +€70,135 | +414% |
| Fixed assets | 21/28 | - | €9,764 | +€9,764 | |
| Tangible fixed assets | 22/27 | - | €9,764 | +€9,764 | |
| Furniture and vehicles | 24 | - | €9,764 | +€9,764 | |
| Current assets | 29/58 | €16,938 | €77,309 | +€60,371 | +356% |
| Amounts receivable within one year | 40/41 | €15,634 | €28,621 | +€12,987 | +83.1% |
| Trade receivables | 40 | €15,363 | - | -€15,363 | |
| Other amounts receivable | 41 | €271 | €28,621 | +€28,350 | +10,448% |
| Cash at bank and in hand | 54/58 | €1,304 | €16,730 | +€15,425 | +1,183% |
| Deferred charges and accrued income | 490/1 | - | €31,958 | +€31,958 | |
| Total equity and liabilities | 10/49 | €16,938 | €87,073 | +€70,135 | +414% |
| Equity | 10/15 | €4,958 | €18,256 | +€13,297 | +268% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,958 | €16,256 | +€13,297 | +449% |
| Amounts payable | 17/49 | €11,980 | €68,818 | +€56,838 | +474% |
| Amounts payable within one year | 42/48 | €11,980 | €39,443 | +€27,464 | +229% |
| Financial debts | 43 | €24 | - | -€24 | |
| Credit institutions | 430/8 | €24 | - | -€24 | |
| Trade debts | 44 | €424 | €35,834 | +€35,410 | +8,361% |
| Suppliers | 440/4 | €424 | €35,834 | +€35,410 | +8,361% |
| Taxes, remuneration and social security | 45 | €747 | €3,610 | +€2,863 | +384% |
| Taxes | 450/3 | €747 | €3,610 | +€2,863 | +384% |
| Other amounts payable | 47/48 | €10,786 | - | -€10,786 | |
| Accrued charges and deferred income | 492/3 | - | €29,374 | +€29,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €236 | +€236 | |
| Other operating charges | 640/8 | - | €175 | +€175 | |
| Gross operating margin | 9900 | €4,663 | €17,155 | +€12,493 | +268% |
| Operating profit (loss) | 9901 | €4,663 | €16,745 | +€12,083 | +259% |
| Financial income | 75/76B | - | €302 | +€302 | |
| Recurring financial income | 75 | - | €302 | +€302 | |
| Financial charges | 65/66B | €24 | €141 | +€117 | +494% |
| Recurring financial charges | 65 | €24 | €141 | +€117 | +494% |
| Profit (loss) for the period before taxes | 9903 | €4,639 | €16,907 | +€12,268 | +264% |
| Income taxes | 67/77 | €747 | €3,610 | +€2,863 | +384% |
| Profit (loss) for the period | 9904 | €3,892 | €13,297 | +€9,405 | +242% |
| Profit (loss) for the period to be appropriated | 9905 | €3,892 | €13,297 | +€9,405 | +242% |
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 18 October 2026 via checked.be.