VAN ISACKER MANAGEMENT: 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.
VAN ISACKER MANAGEMENT
Largest movements
- Tangible fixed assets -€2,585
down €2,585 (-38.6%), from €6,692 to €4,107
of which Land and buildings: -€2,569
- Profit (loss) carried forward -€7,660
down €7,660 (-1.1%), from -€688,570 to -€696,230
- Trade debts +€3,625
up €3,625 (+22.9%), from €15,852 to €19,477
- Depreciation -€224
down €224 (-8.0%), from €2,809 to €2,585
- Financial charges -€97
down €97 (-23.3%), from €416 to €319
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 | €141,819 | €138,509 | -€3,310 | -2.3% |
| Fixed assets | 21/28 | €6,692 | €4,107 | -€2,585 | -38.6% |
| Tangible fixed assets | 22/27 | €6,692 | €4,107 | -€2,585 | -38.6% |
| Land and buildings | 22 | €6,675 | €4,107 | -€2,569 | -38.5% |
| Plant, machinery and equipment | 23 | €16 | - | -€16 | |
| Current assets | 29/58 | €135,127 | €134,402 | -€725 | -0.5% |
| Amounts receivable within one year | 40/41 | €135,107 | €134,401 | -€706 | -0.5% |
| Other amounts receivable | 41 | €135,107 | €134,401 | -€706 | -0.5% |
| Cash at bank and in hand | 54/58 | €20 | €1 | -€19 | -94.0% |
| Total equity and liabilities | 10/49 | €141,819 | €138,509 | -€3,310 | -2.3% |
| Equity | 10/15 | -€474,224 | -€481,884 | -€7,660 | -1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €152,345 | €152,345 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €149,743 | €149,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€688,570 | -€696,230 | -€7,660 | -1.1% |
| Amounts payable | 17/49 | €616,044 | €620,393 | +€4,349 | +0.7% |
| Amounts payable within one year | 42/48 | €615,950 | €620,393 | +€4,443 | +0.7% |
| Trade debts | 44 | €15,852 | €19,477 | +€3,625 | +22.9% |
| Suppliers | 440/4 | €15,852 | €19,477 | +€3,625 | +22.9% |
| Taxes, remuneration and social security | 45 | €82 | - | -€82 | |
| Taxes | 450/3 | €82 | - | -€82 | |
| Other amounts payable | 47/48 | €600,016 | €600,916 | +€900 | +0.1% |
| Accrued charges and deferred income | 492/3 | €94 | - | -€94 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,809 | €2,585 | -€224 | -8.0% |
| Other operating charges | 640/8 | €637 | €650 | +€13 | +2.0% |
| Gross operating margin | 9900 | -€4,096 | -€4,106 | -€10 | -0.2% |
| Operating profit (loss) | 9901 | -€7,542 | -€7,341 | +€201 | +2.7% |
| Financial charges | 65/66B | €416 | €319 | -€97 | -23.3% |
| Recurring financial charges | 65 | €416 | €319 | -€97 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,958 | -€7,660 | +€298 | +3.7% |
| Profit (loss) for the period | 9904 | -€7,958 | -€7,660 | +€298 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,958 | -€7,660 | +€298 | +3.7% |
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 29 September 2026 via checked.be.