IST TRANS: 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.
IST TRANS
Largest movements
- Tangible fixed assets -€34,255
down €34,255 (-55.0%), from €62,309 to €28,054
of which Furniture and vehicles: -€34,255
- Receivables within one year -€9,260
down €9,260 (-21.1%), from €43,852 to €34,593
of which Trade receivables: -€4,655
- Cash +€1,080
new in 2025: €1,080
mainly Accrued charges and deferred income (+€27,601) and Investment in fixed assets (net) (+€24,963)
- Tax, wage and social debts -€81,936
down €81,936 (-90.4%), from €90,668 to €8,732
of which Taxes: -€53,511
- Accrued charges and deferred income +€27,601
new in 2025: €27,601
- Profit (loss) carried forward +€10,779
up €10,779 (+19.3%), from -€55,732 to -€44,954
- Trade debts +€8,521
up €8,521 (+128.6%), from €6,627 to €15,148
- Other debts -€8,475
down €8,475 (-26.8%), from €31,607 to €23,132
- Staff costs -€50,957
down €50,957 (-30.9%), from €164,734 to €113,776
- Financial income -€10,608
down €10,608 (-99.8%), from €10,627 to €19
of which Non-recurring financial income: -€10,627
- Depreciation -€6,700
down €6,700 (-41.9%), from €15,993 to €9,293
- Gross operating margin -€5,005
down €5,005 (-3.0%), from €167,779 to €162,774
- Other operating charges -€4,346
down €4,346 (-42.0%), from €10,350 to €6,005
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 | €106,700 | €64,265 | -€42,435 | -39.8% |
| Fixed assets | 21/28 | €62,309 | €28,054 | -€34,255 | -55.0% |
| Tangible fixed assets | 22/27 | €62,309 | €28,054 | -€34,255 | -55.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €62,309 | €28,054 | -€34,255 | -55.0% |
| Current assets | 29/58 | €44,391 | €36,211 | -€8,180 | -18.4% |
| Amounts receivable within one year | 40/41 | €43,852 | €34,593 | -€9,260 | -21.1% |
| Trade receivables | 40 | €34,879 | €30,223 | -€4,655 | -13.3% |
| Other amounts receivable | 41 | €8,974 | €4,369 | -€4,604 | -51.3% |
| Cash at bank and in hand | 54/58 | - | €1,080 | +€1,080 | |
| Deferred charges and accrued income | 490/1 | €538 | €538 | = | 0.0% |
| Total equity and liabilities | 10/49 | €106,700 | €64,265 | -€42,435 | -39.8% |
| Equity | 10/15 | -€50,037 | -€39,258 | +€10,779 | +21.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,696 | €3,696 | = | 0.0% |
| Distributable reserves | 133 | €3,696 | €3,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,732 | -€44,954 | +€10,779 | +19.3% |
| Amounts payable | 17/49 | €156,737 | €103,523 | -€53,214 | -34.0% |
| Amounts payable after more than one year | 17 | €8,145 | €15,629 | +€7,484 | +91.9% |
| Financial debts | 170/4 | €8,145 | €15,629 | +€7,484 | +91.9% |
| Amounts payable within one year | 42/48 | €148,591 | €60,293 | -€88,299 | -59.4% |
| Current portion of amounts payable after more than one year | 42 | €18,751 | €13,280 | -€5,470 | -29.2% |
| Financial debts | 43 | €938 | - | -€938 | |
| Credit institutions | 430/8 | €938 | - | -€938 | |
| Trade debts | 44 | €6,627 | €15,148 | +€8,521 | +128.6% |
| Suppliers | 440/4 | €6,627 | €15,148 | +€8,521 | +128.6% |
| Taxes, remuneration and social security | 45 | €90,668 | €8,732 | -€81,936 | -90.4% |
| Taxes | 450/3 | €57,155 | €3,644 | -€53,511 | -93.6% |
| Remuneration and social security | 454/9 | €33,513 | €5,088 | -€28,425 | -84.8% |
| Other amounts payable | 47/48 | €31,607 | €23,132 | -€8,475 | -26.8% |
| Accrued charges and deferred income | 492/3 | - | €27,601 | +€27,601 | |
| Non-recurring operating income | 76A | - | €9,321 | +€9,321 | |
| Remuneration, social security and pensions | 62 | €164,734 | €113,776 | -€50,957 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,993 | €9,293 | -€6,700 | -41.9% |
| Other operating charges | 640/8 | €10,350 | €6,005 | -€4,346 | -42.0% |
| Non-recurring operating charges | 66A | - | €16,603 | +€16,603 | |
| Gross operating margin | 9900 | €167,779 | €162,774 | -€5,005 | -3.0% |
| Operating profit (loss) | 9901 | -€23,298 | €17,098 | +€40,396 | |
| Financial income | 75/76B | €10,627 | €19 | -€10,608 | -99.8% |
| Recurring financial income | 75 | €10,627 | €19 | -€10,608 | -99.8% |
| Non-recurring financial income | 76B | €10,627 | - | -€10,627 | |
| Financial charges | 65/66B | €8,052 | €6,290 | -€1,762 | -21.9% |
| Recurring financial charges | 65 | €8,052 | €6,290 | -€1,762 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,723 | €10,827 | +€31,550 | |
| Income taxes | 67/77 | - | €48 | +€48 | |
| Profit (loss) for the period | 9904 | -€20,723 | €10,779 | +€31,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,723 | €10,779 | +€31,502 |
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 3 October 2026 via checked.be.