ISRI: 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.
ISRI
Largest movements
- Cash +€61,765
up €61,765 (+2411.9%), from €2,561 to €64,326
mainly Other debts (+€52,920) and Net result for the year (+€14,466)
- Receivables within one year +€3,222
up €3,222 (+203.6%), from €1,582 to €4,804
- Tangible fixed assets +€817
new in 2023: €817
- Other debts +€52,920
up €52,920 (+553.4%), from €9,562 to €62,482
- Profit (loss) carried forward +€14,466
up €14,466 (+55.6%), from -€26,007 to -€11,540
- Tax, wage and social debts -€1,720
no longer reported in 2023 (was €1,720)
of which Remuneration and social security: -€1,210
- Turnover +€1.1m
up €1.1m (+976.9%), from €108,117 to €1.2m
- Purchases and services +€1.0m
up €1.0m (+833.8%), from €121,366 to €1.1m
- Gross operating margin +€45,464
up €45,464, from -€13,249 to €32,215
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,875 | €70,541 | +€65,666 | +1346.9% |
| Formation expenses | 20 | €642 | €505 | -€137 | -21.4% |
| Fixed assets | 21/28 | €90 | €907 | +€817 | +907.4% |
| Tangible fixed assets | 22/27 | - | €817 | +€817 | |
| Furniture and vehicles | 24 | - | €817 | +€817 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €4,143 | €69,130 | +€64,987 | +1568.5% |
| Amounts receivable within one year | 40/41 | €1,582 | €4,804 | +€3,222 | +203.6% |
| Other amounts receivable | 41 | €1,582 | €4,804 | +€3,222 | +203.6% |
| Cash at bank and in hand | 54/58 | €2,561 | €64,326 | +€61,765 | +2411.9% |
| Total equity and liabilities | 10/49 | €4,875 | €70,541 | +€65,666 | +1346.9% |
| Equity | 10/15 | -€7,407 | €7,060 | +€14,466 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,007 | -€11,540 | +€14,466 | +55.6% |
| Amounts payable | 17/49 | €12,282 | €63,482 | +€51,200 | +416.9% |
| Amounts payable within one year | 42/48 | €12,282 | €63,482 | +€51,200 | +416.9% |
| Financial debts | 43 | €1,000 | €1,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,720 | - | -€1,720 | |
| Taxes | 450/3 | €510 | - | -€510 | |
| Remuneration and social security | 454/9 | €1,210 | - | -€1,210 | |
| Other amounts payable | 47/48 | €9,562 | €62,482 | +€52,920 | +553.4% |
| Turnover | 70 | €108,117 | €1,164,277 | +€1.1m | +976.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €121,366 | €1,133,362 | +€1.0m | +833.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €11,297 | +€11,083 | +5176.4% |
| Other operating charges | 640/8 | €532 | €3,736 | +€3,204 | +602.2% |
| Gross operating margin | 9900 | -€13,249 | €32,215 | +€45,464 | |
| Operating profit (loss) | 9901 | -€13,995 | €17,182 | +€31,177 | |
| Financial charges | 65/66B | €60 | €362 | +€302 | +504.0% |
| Recurring financial charges | 65 | €60 | €362 | +€302 | +504.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,055 | €16,820 | +€30,875 | |
| Income taxes | 67/77 | - | €2,353 | +€2,353 | |
| Profit (loss) for the period | 9904 | -€14,055 | €14,466 | +€28,522 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,055 | €14,466 | +€28,522 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.