ISTIJD: 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.
ISTIJD
Largest movements
- Tangible fixed assets -€21,276
down €21,276 (-4.1%), from €515,024 to €493,748
of which Land and buildings: -€13,579
- Receivables within one year -€7,522
down €7,522 (-78.3%), from €9,604 to €2,081
of which Trade receivables: -€8,278
- Debts after one year -€60,115
down €60,115 (-25.8%), from €232,768 to €172,653
- Reserves +€33,000
up €33,000 (+16.4%), from €201,000 to €234,000
- Staff costs +€7,506
up €7,506 (+16.2%), from €46,363 to €53,869
- Gross operating margin +€5,583
up €5,583 (+4.5%), from €125,385 to €130,969
- Depreciation +€1,549
up €1,549 (+7.8%), from €19,728 to €21,276
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 | €532,388 | €501,612 | -€30,776 | -5.8% |
| Fixed assets | 21/28 | €515,130 | €493,853 | -€21,276 | -4.1% |
| Tangible fixed assets | 22/27 | €515,024 | €493,748 | -€21,276 | -4.1% |
| Land and buildings | 22 | €484,658 | €471,079 | -€13,579 | -2.8% |
| Plant, machinery and equipment | 23 | €5,917 | €3,945 | -€1,972 | -33.3% |
| Furniture and vehicles | 24 | €24,449 | €18,724 | -€5,725 | -23.4% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €17,258 | €7,758 | -€9,500 | -55.0% |
| Amounts receivable within one year | 40/41 | €9,604 | €2,081 | -€7,522 | -78.3% |
| Trade receivables | 40 | €8,668 | €390 | -€8,278 | -95.5% |
| Other amounts receivable | 41 | €936 | €1,692 | +€756 | +80.7% |
| Cash at bank and in hand | 54/58 | €6,418 | €3,037 | -€3,381 | -52.7% |
| Deferred charges and accrued income | 490/1 | €1,236 | €2,640 | +€1,404 | +114% |
| Total equity and liabilities | 10/49 | €532,388 | €501,612 | -€30,776 | -5.8% |
| Equity | 10/15 | €219,661 | €252,742 | +€33,081 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,000 | €234,000 | +€33,000 | +16.4% |
| Distributable reserves | 133 | €201,000 | €234,000 | +€33,000 | +16.4% |
| Profit (loss) carried forward | 14 | €61 | €142 | +€81 | +134% |
| Amounts payable | 17/49 | €312,727 | €248,869 | -€63,857 | -20.4% |
| Amounts payable after more than one year | 17 | €232,768 | €172,653 | -€60,115 | -25.8% |
| Financial debts | 170/4 | €232,768 | €172,653 | -€60,115 | -25.8% |
| Amounts payable within one year | 42/48 | €79,959 | €76,216 | -€3,742 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €59,939 | €60,115 | +€176 | +0.3% |
| Trade debts | 44 | €4,696 | €1,086 | -€3,610 | -76.9% |
| Suppliers | 440/4 | €4,696 | €1,086 | -€3,610 | -76.9% |
| Taxes, remuneration and social security | 45 | €13,322 | €12,574 | -€748 | -5.6% |
| Taxes | 450/3 | €8,353 | €6,737 | -€1,616 | -19.4% |
| Remuneration and social security | 454/9 | €4,969 | €5,837 | +€868 | +17.5% |
| Other amounts payable | 47/48 | €2,001 | €2,441 | +€440 | +22.0% |
| Remuneration, social security and pensions | 62 | €46,363 | €53,869 | +€7,506 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,728 | €21,276 | +€1,549 | +7.8% |
| Other operating charges | 640/8 | €3,610 | €2,970 | -€639 | -17.7% |
| Gross operating margin | 9900 | €125,385 | €130,969 | +€5,583 | +4.5% |
| Operating profit (loss) | 9901 | €55,684 | €52,853 | -€2,832 | -5.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €5,269 | €4,484 | -€785 | -14.9% |
| Recurring financial charges | 65 | €5,269 | €4,484 | -€785 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €50,418 | €48,369 | -€2,049 | -4.1% |
| Income taxes | 67/77 | €13,555 | €13,308 | -€247 | -1.8% |
| Profit (loss) for the period | 9904 | €36,863 | €35,060 | -€1,802 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,863 | €35,060 | -€1,802 | -4.9% |
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 16 October 2026 via checked.be.