ISS: 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.
ISS
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€48,474
down €48,474 (-53.9%), from €89,918 to €41,444
mainly Current investments (-€80,000) and Investment in fixed assets (net) (-€2,931)
- Receivables within one year -€17,134
down €17,134 (-58.3%), from €29,392 to €12,258
of which Trade receivables: -€17,082
- Tangible fixed assets +€2,029
new in 2025: €2,029
- Reserves +€14,174
up €14,174 (+152.5%), from €9,296 to €23,470
of which Distributable reserves: +€14,174
- Tax, wage and social debts +€1,679
up €1,679 (+766.8%), from €219 to €1,898
of which Taxes: +€1,898
- Gross operating margin -€4,920
down €4,920 (-22.4%), from €21,960 to €17,040
- Taxes +€1,417
new in 2025: €1,417
- Depreciation +€902
new in 2025: €902
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 | €119,310 | €135,915 | +€16,605 | +13.9% |
| Fixed assets | 21/28 | - | €2,029 | +€2,029 | |
| Tangible fixed assets | 22/27 | - | €2,029 | +€2,029 | |
| Plant, machinery and equipment | 23 | - | €2,029 | +€2,029 | |
| Current assets | 29/58 | €119,310 | €133,886 | +€14,576 | +12.2% |
| Amounts receivable within one year | 40/41 | €29,392 | €12,258 | -€17,134 | -58.3% |
| Trade receivables | 40 | €28,572 | €11,490 | -€17,082 | -59.8% |
| Other amounts receivable | 41 | €820 | €768 | -€52 | -6.4% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €89,918 | €41,444 | -€48,474 | -53.9% |
| Deferred charges and accrued income | 490/1 | - | €184 | +€184 | |
| Total equity and liabilities | 10/49 | €119,310 | €135,915 | +€16,605 | +13.9% |
| Equity | 10/15 | €119,091 | €133,265 | +€14,174 | +11.9% |
| Contributions | 10/11 | €92,960 | €92,960 | +€0 | 0.0% |
| Reserves | 13 | €9,296 | €23,470 | +€14,174 | +152.5% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €9,296 | €9,296 | +€0 | 0.0% |
| Distributable reserves | 133 | - | €14,174 | +€14,174 | |
| Profit (loss) carried forward | 14 | €16,835 | €16,835 | +€0 | 0.0% |
| Amounts payable | 17/49 | €219 | €2,650 | +€2,431 | +1110.1% |
| Amounts payable within one year | 42/48 | €219 | €2,650 | +€2,431 | +1110.1% |
| Trade debts | 44 | - | €456 | +€456 | |
| Suppliers | 440/4 | - | €456 | +€456 | |
| Taxes, remuneration and social security | 45 | €219 | €1,898 | +€1,679 | +766.8% |
| Taxes | 450/3 | - | €1,898 | +€1,898 | |
| Remuneration and social security | 454/9 | €219 | - | -€219 | |
| Other amounts payable | 47/48 | - | €296 | +€296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €902 | +€902 | |
| Other operating charges | 640/8 | €388 | €400 | +€12 | +3.0% |
| Gross operating margin | 9900 | €21,960 | €17,040 | -€4,920 | -22.4% |
| Operating profit (loss) | 9901 | €21,572 | €15,738 | -€5,834 | -27.0% |
| Financial charges | 65/66B | - | €147 | +€147 | |
| Recurring financial charges | 65 | - | €147 | +€147 | |
| Profit (loss) for the period before taxes | 9903 | €21,572 | €15,591 | -€5,981 | -27.7% |
| Income taxes | 67/77 | - | €1,417 | +€1,417 | |
| Profit (loss) for the period | 9904 | €21,572 | €14,174 | -€7,398 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,572 | €14,174 | -€7,398 | -34.3% |
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 4 October 2026 via checked.be.