ISY BIO: 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.
ISY BIO
Largest movements
- Tangible fixed assets +€845,409
up €845,409 (+670%), from €126,115 to €971,525
of which Land and buildings: +€845,904
- Cash -€64,089
down €64,089 (-33.0%), from €194,266 to €130,177
mainly Investment in fixed assets (net) (-€846,904) and Contributions, distributions and other (-€52,326)
- Debts after one year +€633,279
up €633,279 (+714%), from €88,672 to €721,951
- Reserves +€113,906
up €113,906 (+68.2%), from €167,010 to €280,916
of which Distributable reserves: +€113,906
- Current portion of long-term debt +€24,315
up €24,315 (+450%), from €5,406 to €29,721
- Gross operating margin +€195,880
up €195,880 (+244%), from €80,207 to €276,087
- Taxes +€66,097
up €66,097 (+425%), from €15,550 to €81,646
- Financial charges +€12,286
up €12,286 (+416%), from €2,955 to €15,241
of which Non-recurring financial charges: +€8,715
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 | €365,244 | €1,146,889 | +€781,645 | +214% |
| Fixed assets | 21/28 | €152,449 | €989,060 | +€836,611 | +549% |
| Intangible fixed assets | 21 | €83 | - | -€83 | |
| Tangible fixed assets | 22/27 | €126,115 | €971,525 | +€845,409 | +670% |
| Land and buildings | 22 | €125,001 | €970,905 | +€845,904 | +677% |
| Furniture and vehicles | 24 | €1,114 | €619 | -€495 | -44.4% |
| Financial fixed assets | 28 | €26,250 | €17,535 | -€8,715 | -33.2% |
| Current assets | 29/58 | €212,795 | €157,829 | -€54,966 | -25.8% |
| Amounts receivable within one year | 40/41 | €17,148 | €18,788 | +€1,641 | +9.6% |
| Trade receivables | 40 | €15,564 | €15,730 | +€166 | +1.1% |
| Other amounts receivable | 41 | €1,583 | €3,058 | +€1,475 | +93.2% |
| Cash at bank and in hand | 54/58 | €194,266 | €130,177 | -€64,089 | -33.0% |
| Deferred charges and accrued income | 490/1 | €1,381 | €8,863 | +€7,482 | +542% |
| Total equity and liabilities | 10/49 | €365,244 | €1,146,889 | +€781,645 | +214% |
| Equity | 10/15 | €254,879 | €368,785 | +€113,906 | +44.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €167,010 | €280,916 | +€113,906 | +68.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,150 | €279,056 | +€113,906 | +69.0% |
| Profit (loss) carried forward | 14 | €75,469 | €75,469 | = | 0.0% |
| Amounts payable | 17/49 | €110,364 | €778,103 | +€667,739 | +605% |
| Amounts payable after more than one year | 17 | €88,672 | €721,951 | +€633,279 | +714% |
| Financial debts | 170/4 | €88,672 | €721,951 | +€633,279 | +714% |
| Amounts payable within one year | 42/48 | €21,642 | €56,106 | +€34,463 | +159% |
| Current portion of amounts payable after more than one year | 42 | €5,406 | €29,721 | +€24,315 | +450% |
| Financial debts | 43 | €449 | €220 | -€229 | -51.0% |
| Other loans | 439 | €449 | €220 | -€229 | -51.0% |
| Trade debts | 44 | €2,060 | €5,904 | +€3,844 | +187% |
| Suppliers | 440/4 | €2,060 | €5,904 | +€3,844 | +187% |
| Taxes, remuneration and social security | 45 | €13,727 | €20,261 | +€6,534 | +47.6% |
| Taxes | 450/3 | €10,928 | €20,261 | +€9,333 | +85.4% |
| Remuneration and social security | 454/9 | €2,799 | - | -€2,799 | |
| Accrued charges and deferred income | 492/3 | €50 | €47 | -€4 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,586 | €10,293 | +€707 | +7.4% |
| Other operating charges | 640/8 | €3,470 | €3,792 | +€322 | +9.3% |
| Gross operating margin | 9900 | €80,207 | €276,087 | +€195,880 | +244% |
| Operating profit (loss) | 9901 | €67,151 | €262,002 | +€194,851 | +290% |
| Financial income | 75/76B | €53 | €1,118 | +€1,066 | +2,025% |
| Recurring financial income | 75 | €53 | €1,118 | +€1,066 | +2,025% |
| Financial charges | 65/66B | €2,955 | €15,241 | +€12,286 | +416% |
| Recurring financial charges | 65 | €2,955 | €6,526 | +€3,571 | +121% |
| Non-recurring financial charges | 66B | - | €8,715 | +€8,715 | |
| Profit (loss) for the period before taxes | 9903 | €64,249 | €247,879 | +€183,630 | +286% |
| Income taxes | 67/77 | €15,550 | €81,646 | +€66,097 | +425% |
| Profit (loss) for the period | 9904 | €48,699 | €166,232 | +€117,533 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €48,699 | €166,232 | +€117,533 | +241% |
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 25 October 2026 via checked.be.