ISTI: 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.
ISTI
Largest movements
- Financial fixed assets -€351,450
down €351,450 (-31.3%), from €1.1m to €770,894
- Receivables within one year +€311,323
up €311,323 (+302%), from €103,185 to €414,508
- Cash +€46,381
up €46,381 (+538%), from €8,614 to €54,995
mainly Investment in fixed assets (net) (+€351,450) and Other debts (+€11,408)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€7,462
down €7,462 (-94.3%), from €7,917 to €455
- Gross operating margin +€7,069
up €7,069 (+34.2%), from -€20,680 to -€13,611
- Financial income +€1,296
up €1,296 (+12.7%), from €10,223 to €11,518
- Depreciation +€530
up €530 (+121%), from €438 to €968
- Other operating charges -€335
down €335 (-36.2%), from €923 to €589
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 | €1,239,537 | €1,244,823 | +€5,286 | +0.4% |
| Fixed assets | 21/28 | €1,127,739 | €775,321 | -€352,418 | -31.2% |
| Tangible fixed assets | 22/27 | €5,395 | €4,427 | -€968 | -17.9% |
| Land and buildings | 22 | €1,899 | €1,700 | -€199 | -10.5% |
| Plant, machinery and equipment | 23 | €3,496 | €2,727 | -€769 | -22.0% |
| Financial fixed assets | 28 | €1,122,344 | €770,894 | -€351,450 | -31.3% |
| Current assets | 29/58 | €111,799 | €469,502 | +€357,703 | +320% |
| Amounts receivable within one year | 40/41 | €103,185 | €414,508 | +€311,323 | +302% |
| Other amounts receivable | 41 | €103,185 | €414,508 | +€311,323 | +302% |
| Cash at bank and in hand | 54/58 | €8,614 | €54,995 | +€46,381 | +538% |
| Total equity and liabilities | 10/49 | €1,239,537 | €1,244,823 | +€5,286 | +0.4% |
| Equity | 10/15 | €980,264 | €976,161 | -€4,103 | -0.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,736 | -€23,839 | -€4,103 | -20.8% |
| Amounts payable | 17/49 | €259,273 | €268,662 | +€9,389 | +3.6% |
| Amounts payable within one year | 42/48 | €259,273 | €268,662 | +€9,389 | +3.6% |
| Trade debts | 44 | €113 | €322 | +€209 | +185% |
| Suppliers | 440/4 | €113 | €322 | +€209 | +185% |
| Taxes, remuneration and social security | 45 | €2,228 | €0 | -€2,228 | -100% |
| Taxes | 450/3 | €2,228 | €0 | -€2,228 | -100% |
| Other amounts payable | 47/48 | €256,931 | €268,340 | +€11,408 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €438 | €968 | +€530 | +121% |
| Other operating charges | 640/8 | €923 | €589 | -€335 | -36.2% |
| Gross operating margin | 9900 | -€20,680 | -€13,611 | +€7,069 | +34.2% |
| Operating profit (loss) | 9901 | -€22,042 | -€15,167 | +€6,874 | +31.2% |
| Financial income | 75/76B | €10,223 | €11,518 | +€1,296 | +12.7% |
| Recurring financial income | 75 | €10,223 | €11,518 | +€1,296 | +12.7% |
| Financial charges | 65/66B | €7,917 | €455 | -€7,462 | -94.3% |
| Recurring financial charges | 65 | €7,917 | €455 | -€7,462 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,736 | -€4,103 | +€15,632 | +79.2% |
| Profit (loss) for the period | 9904 | -€19,736 | -€4,103 | +€15,632 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,736 | -€4,103 | +€15,632 | +79.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.