ISAK: 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.
ISAK
Largest movements
- Cash -€2,663
down €2,663 (-34.0%), from €7,826 to €5,163
mainly Tax, wage and social debts (-€15,262) and Net result for the year (-€5,671)
- Other debts +€17,730
up €17,730 (+40.4%), from €43,880 to €61,609
- Tax, wage and social debts -€15,262
down €15,262 (-87.2%), from €17,511 to €2,249
of which Remuneration and social security: -€14,454
- Profit (loss) carried forward -€5,671
down €5,671 (-8.7%), from -€65,201 to -€70,872
- Trade debts +€342
up €342 (+191%), from €179 to €521
- Staff costs -€13,099
no longer reported in 2025 (was €13,099)
- Gross operating margin +€3,525
up €3,525 (+42.2%), from -€8,362 to -€4,837
- Other operating charges +€400
new in 2025: €400
- Financial charges +€144
up €144 (+49.6%), from €290 to €434
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 | €16,369 | €13,507 | -€2,861 | -17.5% |
| Current assets | 29/58 | €16,369 | €13,507 | -€2,861 | -17.5% |
| Stocks and contracts in progress | 3 | €7,875 | €7,743 | -€132 | -1.7% |
| Stocks | 30/36 | €7,875 | €7,743 | -€132 | -1.7% |
| Amounts receivable within one year | 40/41 | €668 | €601 | -€67 | -10.0% |
| Trade receivables | 40 | €668 | €601 | -€67 | -10.0% |
| Cash at bank and in hand | 54/58 | €7,826 | €5,163 | -€2,663 | -34.0% |
| Total equity and liabilities | 10/49 | €16,369 | €13,507 | -€2,861 | -17.5% |
| Equity | 10/15 | -€45,201 | -€50,872 | -€5,671 | -12.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,201 | -€70,872 | -€5,671 | -8.7% |
| Amounts payable | 17/49 | €61,570 | €64,380 | +€2,810 | +4.6% |
| Amounts payable within one year | 42/48 | €61,570 | €64,380 | +€2,810 | +4.6% |
| Trade debts | 44 | €179 | €521 | +€342 | +191% |
| Suppliers | 440/4 | €179 | €521 | +€342 | +191% |
| Taxes, remuneration and social security | 45 | €17,511 | €2,249 | -€15,262 | -87.2% |
| Taxes | 450/3 | €3,057 | €2,249 | -€808 | -26.4% |
| Remuneration and social security | 454/9 | €14,454 | - | -€14,454 | |
| Other amounts payable | 47/48 | €43,880 | €61,609 | +€17,730 | +40.4% |
| Remuneration, social security and pensions | 62 | €13,099 | - | -€13,099 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€8,362 | -€4,837 | +€3,525 | +42.2% |
| Operating profit (loss) | 9901 | -€21,460 | -€5,237 | +€16,224 | +75.6% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €290 | €434 | +€144 | +49.6% |
| Recurring financial charges | 65 | €290 | €434 | +€144 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,740 | -€5,671 | +€16,069 | +73.9% |
| Profit (loss) for the period | 9904 | -€21,740 | -€5,671 | +€16,069 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,740 | -€5,671 | +€16,069 | +73.9% |
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 27 October 2026 via checked.be.