Israyelyan: 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.
Israyelyan
Largest movements
- Receivables within one year -€16,274
down €16,274 (-20.5%), from €79,490 to €63,216
of which Trade receivables: -€54,727
- Stocks and contracts -€12,862
down €12,862 (-95.3%), from €13,501 to €639
- Other debts -€38,638
down €38,638 (-46.6%), from €82,907 to €44,270
- Profit (loss) carried forward +€13,451
up €13,451 (+36.6%), from -€36,705 to -€23,254
- Trade debts -€8,736
down €8,736 (-25.6%), from €34,190 to €25,454
- Accrued charges and deferred income +€6,623
new in 2025: €6,623
- Tax, wage and social debts -€2,290
down €2,290 (-23.8%), from €9,620 to €7,330
of which Remuneration and social security: -€3,839
- Other operating charges -€2,938
down €2,938 (-79.6%), from €3,692 to €754
- Gross operating margin -€976
down €976 (-2.8%), from €34,727 to €33,751
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 | €94,012 | €64,423 | -€29,590 | -31.5% |
| Fixed assets | 21/28 | €797 | €398 | -€398 | -50.0% |
| Tangible fixed assets | 22/27 | €797 | €398 | -€398 | -50.0% |
| Plant, machinery and equipment | 23 | €797 | €398 | -€398 | -50.0% |
| Current assets | 29/58 | €93,216 | €64,024 | -€29,191 | -31.3% |
| Stocks and contracts in progress | 3 | €13,501 | €639 | -€12,862 | -95.3% |
| Stocks | 30/36 | €13,501 | €639 | -€12,862 | -95.3% |
| Amounts receivable within one year | 40/41 | €79,490 | €63,216 | -€16,274 | -20.5% |
| Trade receivables | 40 | €78,490 | €23,763 | -€54,727 | -69.7% |
| Other amounts receivable | 41 | €1,000 | €39,452 | +€38,452 | +3845.2% |
| Cash at bank and in hand | 54/58 | €142 | €170 | +€28 | +19.6% |
| Deferred charges and accrued income | 490/1 | €83 | €0 | -€83 | -100.0% |
| Total equity and liabilities | 10/49 | €94,012 | €64,423 | -€29,590 | -31.5% |
| Equity | 10/15 | -€32,705 | -€19,254 | +€13,451 | +41.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,705 | -€23,254 | +€13,451 | +36.6% |
| Amounts payable | 17/49 | €126,717 | €83,676 | -€43,041 | -34.0% |
| Amounts payable within one year | 42/48 | €126,717 | €77,053 | -€49,664 | -39.2% |
| Trade debts | 44 | €34,190 | €25,454 | -€8,736 | -25.6% |
| Suppliers | 440/4 | €34,190 | €25,454 | -€8,736 | -25.6% |
| Taxes, remuneration and social security | 45 | €9,620 | €7,330 | -€2,290 | -23.8% |
| Taxes | 450/3 | €4,040 | €5,589 | +€1,549 | +38.3% |
| Remuneration and social security | 454/9 | €5,580 | €1,742 | -€3,839 | -68.8% |
| Other amounts payable | 47/48 | €82,907 | €44,270 | -€38,638 | -46.6% |
| Accrued charges and deferred income | 492/3 | - | €6,623 | +€6,623 | |
| Remuneration, social security and pensions | 62 | €18,800 | €18,713 | -€87 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €398 | -€56 | -12.3% |
| Other operating charges | 640/8 | €3,692 | €754 | -€2,938 | -79.6% |
| Gross operating margin | 9900 | €34,727 | €33,751 | -€976 | -2.8% |
| Operating profit (loss) | 9901 | €11,781 | €13,885 | +€2,104 | +17.9% |
| Financial income | 75/76B | €0 | €18 | +€18 | +181500.0% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +181500.0% |
| Financial charges | 65/66B | - | €99 | +€99 | |
| Recurring financial charges | 65 | - | €99 | +€99 | |
| Profit (loss) for the period before taxes | 9903 | €11,781 | €13,804 | +€2,023 | +17.2% |
| Income taxes | 67/77 | €366 | €353 | -€13 | -3.5% |
| Profit (loss) for the period | 9904 | €11,415 | €13,451 | +€2,036 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,415 | €13,451 | +€2,036 | +17.8% |
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.