ISSOR: 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.
ISSOR
Largest movements
- Receivables within one year +€16,063
up €16,063 (+19.3%), from €83,174 to €99,237
of which Other amounts receivable: +€8,663
- Cash -€12,056
down €12,056 (-93.0%), from €12,963 to €907
mainly Receivables within one year (-€16,063) and Tax, wage and social debts (-€4,795)
- Deferred charges and accrued income -€1,979
no longer reported in 2024 (was €1,979)
- Accrued charges and deferred income +€6,550
new in 2024: €6,550
- Tax, wage and social debts -€4,795
down €4,795 (-36.1%), from €13,264 to €8,470
- Gross operating margin -€19,545
down €19,545, from €18,720 to -€825
- Taxes -€4,669
down €4,669 (-70.1%), from €6,664 to €1,995
- Other operating charges +€1,005
up €1,005 (+90.5%), from €1,110 to €2,115
- Financial income +€945
up €945 (+21.7%), from €4,358 to €5,303
- Depreciation -€583
down €583 (-91.5%), from €638 to €54
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,170 | €100,144 | +€1,973 | +2.0% |
| Fixed assets | 21/28 | €54 | - | -€54 | |
| Tangible fixed assets | 22/27 | €54 | - | -€54 | |
| Furniture and vehicles | 24 | €54 | - | -€54 | |
| Current assets | 29/58 | €98,116 | €100,144 | +€2,028 | +2.1% |
| Amounts receivable within one year | 40/41 | €83,174 | €99,237 | +€16,063 | +19.3% |
| Trade receivables | 40 | - | €7,400 | +€7,400 | |
| Other amounts receivable | 41 | €83,174 | €91,837 | +€8,663 | +10.4% |
| Cash at bank and in hand | 54/58 | €12,963 | €907 | -€12,056 | -93.0% |
| Deferred charges and accrued income | 490/1 | €1,979 | - | -€1,979 | |
| Total equity and liabilities | 10/49 | €98,170 | €100,144 | +€1,973 | +2.0% |
| Equity | 10/15 | €83,706 | €83,924 | +€218 | +0.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €77,509 | €77,727 | +€218 | +0.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €75,649 | €75,868 | +€218 | +0.3% |
| Amounts payable | 17/49 | €14,464 | €16,219 | +€1,755 | +12.1% |
| Amounts payable within one year | 42/48 | €14,464 | €9,670 | -€4,795 | -33.1% |
| Trade debts | 44 | €1,200 | €1,200 | = | 0.0% |
| Suppliers | 440/4 | €1,200 | €1,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,264 | €8,470 | -€4,795 | -36.1% |
| Taxes | 450/3 | €13,264 | €8,470 | -€4,795 | -36.1% |
| Accrued charges and deferred income | 492/3 | - | €6,550 | +€6,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €638 | €54 | -€583 | -91.5% |
| Other operating charges | 640/8 | €1,110 | €2,115 | +€1,005 | +90.5% |
| Gross operating margin | 9900 | €18,720 | -€825 | -€19,545 | |
| Operating profit (loss) | 9901 | €16,972 | -€2,994 | -€19,967 | |
| Financial income | 75/76B | €4,358 | €5,303 | +€945 | +21.7% |
| Recurring financial income | 75 | €4,358 | €5,303 | +€945 | +21.7% |
| Financial charges | 65/66B | €215 | €96 | -€119 | -55.5% |
| Recurring financial charges | 65 | €215 | €96 | -€119 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €21,116 | €2,213 | -€18,902 | -89.5% |
| Income taxes | 67/77 | €6,664 | €1,995 | -€4,669 | -70.1% |
| Profit (loss) for the period | 9904 | €14,452 | €218 | -€14,234 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,452 | €218 | -€14,234 | -98.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.