iStrix: 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.
iStrix
Largest movements
- Tangible fixed assets +€16,275
up €16,275 (+83.8%), from €19,424 to €35,699
of which Furniture and vehicles: +€16,563
- Receivables within one year -€14,709
down €14,709 (-9.1%), from €160,864 to €146,155
of which Trade receivables: -€14,709
- Stocks and contracts +€6,568
up €6,568 (+2.5%), from €262,932 to €269,500
- Deferred charges and accrued income +€5,487
up €5,487 (+1109.5%), from €495 to €5,981
- Cash +€4,853
up €4,853 (+32.3%), from €15,018 to €19,870
mainly Short-term financial debts (+€25,000) and Receivables within one year (+€14,709)
- Other debts -€30,547
down €30,547 (-100.0%), from €30,547 to €0
- Short-term financial debts +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Profit (loss) carried forward +€12,832
up €12,832 (+42.2%), from -€30,415 to -€17,583
- Debts after one year +€7,636
up €7,636 (+63.7%), from €11,992 to €19,628
- Gross operating margin +€20,723
up €20,723 (+15.0%), from €137,987 to €158,710
- Staff costs +€9,299
up €9,299 (+7.6%), from €122,190 to €131,489
- Taxes +€5,152
up €5,152 (+3089.4%), from €167 to €5,319
- Depreciation -€2,675
down €2,675 (-29.2%), from €9,146 to €6,471
- Financial income +€1,610
up €1,610 (+82.0%), from €1,964 to €3,574
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 | €458,783 | €477,256 | +€18,474 | +4.0% |
| Fixed assets | 21/28 | €19,474 | €35,749 | +€16,275 | +83.6% |
| Tangible fixed assets | 22/27 | €19,424 | €35,699 | +€16,275 | +83.8% |
| Plant, machinery and equipment | 23 | €646 | €358 | -€288 | -44.5% |
| Furniture and vehicles | 24 | €18,778 | €35,341 | +€16,563 | +88.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €439,309 | €441,507 | +€2,199 | +0.5% |
| Stocks and contracts in progress | 3 | €262,932 | €269,500 | +€6,568 | +2.5% |
| Stocks | 30/36 | €262,932 | €269,500 | +€6,568 | +2.5% |
| Amounts receivable within one year | 40/41 | €160,864 | €146,155 | -€14,709 | -9.1% |
| Trade receivables | 40 | €160,684 | €145,975 | -€14,709 | -9.2% |
| Other amounts receivable | 41 | €180 | €180 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,018 | €19,870 | +€4,853 | +32.3% |
| Deferred charges and accrued income | 490/1 | €495 | €5,981 | +€5,487 | +1109.5% |
| Total equity and liabilities | 10/49 | €458,783 | €477,256 | +€18,474 | +4.0% |
| Equity | 10/15 | €188,185 | €201,017 | +€12,832 | +6.8% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,415 | -€17,583 | +€12,832 | +42.2% |
| Amounts payable | 17/49 | €270,598 | €276,239 | +€5,642 | +2.1% |
| Amounts payable after more than one year | 17 | €11,992 | €19,628 | +€7,636 | +63.7% |
| Financial debts | 170/4 | €11,992 | €19,628 | +€7,636 | +63.7% |
| Amounts payable within one year | 42/48 | €258,325 | €256,398 | -€1,927 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €5,119 | €8,364 | +€3,245 | +63.4% |
| Financial debts | 43 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Credit institutions | 430/8 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Trade debts | 44 | €95,764 | €97,923 | +€2,159 | +2.3% |
| Suppliers | 440/4 | €95,764 | €97,923 | +€2,159 | +2.3% |
| Taxes, remuneration and social security | 45 | €51,895 | €50,110 | -€1,784 | -3.4% |
| Taxes | 450/3 | €38,112 | €35,137 | -€2,975 | -7.8% |
| Remuneration and social security | 454/9 | €13,783 | €14,974 | +€1,191 | +8.6% |
| Other amounts payable | 47/48 | €30,547 | €0 | -€30,547 | -100.0% |
| Accrued charges and deferred income | 492/3 | €281 | €214 | -€67 | -23.9% |
| Non-recurring operating income | 76A | - | €1,082 | +€1,082 | |
| Remuneration, social security and pensions | 62 | €122,190 | €131,489 | +€9,299 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,146 | €6,471 | -€2,675 | -29.2% |
| Other operating charges | 640/8 | €312 | €128 | -€184 | -58.9% |
| Gross operating margin | 9900 | €137,987 | €158,710 | +€20,723 | +15.0% |
| Operating profit (loss) | 9901 | €6,339 | €20,622 | +€14,283 | +225.3% |
| Financial income | 75/76B | €1,964 | €3,574 | +€1,610 | +82.0% |
| Recurring financial income | 75 | €1,964 | €3,574 | +€1,610 | +82.0% |
| Financial charges | 65/66B | €4,562 | €6,045 | +€1,483 | +32.5% |
| Recurring financial charges | 65 | €4,562 | €6,045 | +€1,483 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €3,741 | €18,151 | +€14,410 | +385.1% |
| Income taxes | 67/77 | €167 | €5,319 | +€5,152 | +3089.4% |
| Profit (loss) for the period | 9904 | €3,575 | €12,832 | +€9,257 | +259.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,575 | €12,832 | +€9,257 | +259.0% |
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 2 October 2026 via checked.be.