ISIO: 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.
ISIO
Largest movements
- Tangible fixed assets -€41,102
down €41,102 (-11.5%), from €358,453 to €317,351
of which Land and buildings: -€33,930
- Cash +€24,504
new in 2025: €24,504
mainly Depreciation (+€44,444) and Net result for the year (+€21,433)
- Reserves +€21,000
up €21,000 (+169%), from €12,395 to €33,395
of which Distributable reserves: +€21,000
- Debts after one year -€19,250
down €19,250 (-54.3%), from €35,421 to €16,171
- Current portion of long-term debt -€14,556
down €14,556 (-43.0%), from €33,827 to €19,270
- Gross operating margin +€31,740
up €31,740 (+39.4%), from €80,482 to €112,222
- Turnover +€26,955
up €26,955 (+13.6%), from €197,542 to €224,498
- Taxes +€6,509
up €6,509, from -€210 to €6,299
- Other operating charges -€5,260
down €5,260 (-27.1%), from €19,386 to €14,126
- Purchases and services -€4,977
down €4,977 (-4.2%), from €117,253 to €112,276
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 | €622,988 | €606,390 | -€16,598 | -2.7% |
| Fixed assets | 21/28 | €622,988 | €581,886 | -€41,102 | -6.6% |
| Tangible fixed assets | 22/27 | €358,453 | €317,351 | -€41,102 | -11.5% |
| Land and buildings | 22 | €278,095 | €244,165 | -€33,930 | -12.2% |
| Plant, machinery and equipment | 23 | €72,673 | €65,907 | -€6,767 | -9.3% |
| Furniture and vehicles | 24 | €1,587 | €1,264 | -€323 | -20.4% |
| Other tangible fixed assets | 26 | €6,098 | €6,015 | -€83 | -1.4% |
| Financial fixed assets | 28 | €264,535 | €264,535 | = | 0.0% |
| Current assets | 29/58 | - | €24,504 | +€24,504 | |
| Cash at bank and in hand | 54/58 | - | €24,504 | +€24,504 | |
| Total equity and liabilities | 10/49 | €622,988 | €606,390 | -€16,598 | -2.7% |
| Equity | 10/15 | €231,893 | €253,326 | +€21,433 | +9.2% |
| Contributions | 10/11 | €124,567 | €124,567 | = | 0.0% |
| Capital | 10 | €124,567 | €124,567 | = | 0.0% |
| Issued capital | 100 | €124,567 | €124,567 | = | 0.0% |
| Reserves | 13 | €12,395 | €33,395 | +€21,000 | +169% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | - | €21,000 | +€21,000 | |
| Profit (loss) carried forward | 14 | €94,932 | €95,365 | +€433 | +0.5% |
| Amounts payable | 17/49 | €391,095 | €353,064 | -€38,030 | -9.7% |
| Amounts payable after more than one year | 17 | €35,421 | €16,171 | -€19,250 | -54.3% |
| Financial debts | 170/4 | €35,421 | €16,171 | -€19,250 | -54.3% |
| Amounts payable within one year | 42/48 | €355,674 | €336,894 | -€18,780 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €33,827 | €19,270 | -€14,556 | -43.0% |
| Financial debts | 43 | €2,044 | €1,470 | -€574 | -28.1% |
| Credit institutions | 430/8 | €2,044 | €1,470 | -€574 | -28.1% |
| Trade debts | 44 | €585 | - | -€585 | |
| Suppliers | 440/4 | €585 | - | -€585 | |
| Taxes, remuneration and social security | 45 | €4,798 | €6,299 | +€1,501 | +31.3% |
| Taxes | 450/3 | €3,194 | €6,299 | +€3,105 | +97.2% |
| Remuneration and social security | 454/9 | €1,604 | - | -€1,604 | |
| Other amounts payable | 47/48 | €314,421 | €309,855 | -€4,566 | -1.5% |
| Turnover | 70 | €197,542 | €224,498 | +€26,955 | +13.6% |
| Non-recurring operating income | 76A | €193 | - | -€193 | |
| Goods, raw materials, services and sundry goods | 60/61 | €117,253 | €112,276 | -€4,977 | -4.2% |
| Remuneration, social security and pensions | 62 | €22,996 | €22,434 | -€562 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,201 | €44,444 | -€2,757 | -5.8% |
| Other operating charges | 640/8 | €19,386 | €14,126 | -€5,260 | -27.1% |
| Gross operating margin | 9900 | €80,482 | €112,222 | +€31,740 | +39.4% |
| Operating profit (loss) | 9901 | -€9,101 | €31,218 | +€40,319 | |
| Financial charges | 65/66B | €5,242 | €3,486 | -€1,756 | -33.5% |
| Recurring financial charges | 65 | €5,242 | €3,486 | -€1,756 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,343 | €27,732 | +€42,075 | |
| Income taxes | 67/77 | -€210 | €6,299 | +€6,509 | |
| Profit (loss) for the period | 9904 | -€14,133 | €21,433 | +€35,566 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,133 | €21,433 | +€35,566 |
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 29 October 2026 via checked.be.