ISTACE SOLUTIONS: what changed
Two financial 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.
ISTACE SOLUTIONS
Largest movements
- Cash +€8,440
up €8,440 (+2.6%), from €327,831 to €336,271
mainly Other debts (+€120,038) and Net result for the year (+€58,652)
- Receivables within one year -€5,719
down €5,719 (-25.8%), from €22,186 to €16,467
of which Other amounts receivable: -€5,065
- Reserves -€122,842
down €122,842 (-41.4%), from €296,904 to €174,062
of which Distributable reserves: -€120,982
- Other debts +€120,038
up €120,038 (+239%), from €50,326 to €170,364
- Tax, wage and social debts +€4,809
up €4,809 (+49.7%), from €9,675 to €14,484
- Gross operating margin +€19,060
up €19,060 (+29.1%), from €65,478 to €84,538
- Taxes +€4,667
up €4,667 (+25.8%), from €18,084 to €22,751
- Financial income -€1,931
down €1,931 (-59.4%), from €3,251 to €1,320
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.
Derived cash bridge
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 | €363,711 | €367,450 | +€3,739 | +1.0% |
| Fixed assets | 21/28 | €9,597 | €10,617 | +€1,020 | +10.6% |
| Tangible fixed assets | 22/27 | €9,572 | €10,542 | +€970 | +10.1% |
| Furniture and vehicles | 24 | €3,557 | €3,299 | -€259 | -7.3% |
| Other tangible fixed assets | 26 | €6,015 | €7,243 | +€1,228 | +20.4% |
| Financial fixed assets | 28 | €25 | €75 | +€50 | +200% |
| Current assets | 29/58 | €354,113 | €356,833 | +€2,719 | +0.8% |
| Amounts receivable within one year | 40/41 | €22,186 | €16,467 | -€5,719 | -25.8% |
| Trade receivables | 40 | €15,477 | €14,823 | -€655 | -4.2% |
| Other amounts receivable | 41 | €6,709 | €1,645 | -€5,065 | -75.5% |
| Current investments | 50/53 | €3,030 | €3,030 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €327,831 | €336,271 | +€8,440 | +2.6% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,064 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €363,711 | €367,450 | +€3,739 | +1.0% |
| Equity | 10/15 | €303,573 | €182,590 | -€120,982 | -39.9% |
| Contributions | 10/11 | €6,095 | €7,955 | +€1,860 | +30.5% |
| Reserves | 13 | €296,904 | €174,062 | -€122,842 | -41.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €295,044 | €174,062 | -€120,982 | -41.0% |
| Profit (loss) carried forward | 14 | €573 | €573 | = | 0.0% |
| Amounts payable | 17/49 | €60,138 | €184,860 | +€124,721 | +207% |
| Amounts payable within one year | 42/48 | €60,138 | €184,860 | +€124,721 | +207% |
| Trade debts | 44 | €138 | €11 | -€127 | -92.0% |
| Suppliers | 440/4 | €138 | €11 | -€127 | -92.0% |
| Taxes, remuneration and social security | 45 | €9,675 | €14,484 | +€4,809 | +49.7% |
| Taxes | 450/3 | €9,675 | €14,484 | +€4,809 | +49.7% |
| Other amounts payable | 47/48 | €50,326 | €170,364 | +€120,038 | +239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,823 | €3,426 | +€603 | +21.4% |
| Other operating charges | 640/8 | €828 | €956 | +€128 | +15.5% |
| Gross operating margin | 9900 | €65,478 | €84,538 | +€19,060 | +29.1% |
| Operating profit (loss) | 9901 | €61,827 | €80,155 | +€18,328 | +29.6% |
| Financial income | 75/76B | €3,251 | €1,320 | -€1,931 | -59.4% |
| Recurring financial income | 75 | €3,251 | €1,320 | -€1,931 | -59.4% |
| Financial charges | 65/66B | €96 | €72 | -€24 | -25.0% |
| Recurring financial charges | 65 | €96 | €72 | -€24 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €64,982 | €81,403 | +€16,421 | +25.3% |
| Income taxes | 67/77 | €18,084 | €22,751 | +€4,667 | +25.8% |
| Profit (loss) for the period | 9904 | €46,898 | €58,652 | +€11,754 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,898 | €58,652 | +€11,754 | +25.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.