ISS TECHNICAL SERVICES: 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.
ISS TECHNICAL SERVICES
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+103%), from €1.2m to €2.4m
of which Affiliated companies: +€1.2m
- Receivables within one year +€1.0m
up €1.0m (+892%), from €115,192 to €1.1m
of which Trade receivables: +€805,244
- Tangible fixed assets +€209,007
up €209,007 (+213%), from €98,196 to €307,203
of which Assets under construction and advance payments: +€209,610
- Cash -€59,218
down €59,218 (-51.7%), from €114,446 to €55,228
mainly Investment in fixed assets (net) (-€1.4m) and Receivables within one year (-€1.0m)
- Other debts +€1.3m
up €1.3m (+124%), from €1.0m to €2.3m
- Contributions +€1.2m
up €1.2m (+195%), from €616,453 to €1.8m
- Trade debts -€103,915
down €103,915 (-24.8%), from €418,928 to €315,013
- Turnover +€835,831
up €835,831 (+2,473%), from €33,793 to €869,624
- Financial charges -€192,035
down €192,035 (-97.7%), from €196,535 to €4,500
of which Non-recurring financial charges: -€162,005
- Services and other goods +€144,701
up €144,701 (+25.3%), from €571,800 to €716,501
- Staff costs +€143,302
new in 2025: €143,302
- Financial income -€140,300
down €140,300 (-100%), from €140,300 to €0
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 | €1,512,115 | €3,887,144 | +€2.4m | +157% |
| Fixed assets | 21/28 | €1,259,710 | €2,668,941 | +€1.4m | +112% |
| Tangible fixed assets | 22/27 | €98,196 | €307,203 | +€209,007 | +213% |
| Plant, machinery and equipment | 23 | €2,344 | €1,741 | -€603 | -25.7% |
| Assets under construction and advance payments | 27 | €95,852 | €305,462 | +€209,610 | +219% |
| Financial fixed assets | 28 | €1,161,514 | €2,361,739 | +€1.2m | +103% |
| Affiliated companies | 280/1 | €1,161,514 | €2,361,514 | +€1.2m | +103% |
| Participating interests | 280 | €1,161,514 | €2,361,514 | +€1.2m | +103% |
| Other financial fixed assets | 284/8 | - | €225 | +€225 | |
| Amounts receivable and cash guarantees | 285/8 | - | €225 | +€225 | |
| Current assets | 29/58 | €252,405 | €1,218,202 | +€965,797 | +383% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €115,192 | €1,142,889 | +€1.0m | +892% |
| Trade receivables | 40 | €47,590 | €852,834 | +€805,244 | +1,692% |
| Other amounts receivable | 41 | €67,602 | €290,055 | +€222,453 | +329% |
| Cash at bank and in hand | 54/58 | €114,446 | €55,228 | -€59,218 | -51.7% |
| Deferred charges and accrued income | 490/1 | €22,767 | €20,085 | -€2,682 | -11.8% |
| Total equity and liabilities | 10/49 | €1,512,115 | €3,887,144 | +€2.4m | +157% |
| Equity | 10/15 | €51,506 | €1,240,710 | +€1.2m | +2,309% |
| Contributions | 10/11 | €616,453 | €1,816,453 | +€1.2m | +195% |
| Reserves | 13 | €109,751 | €109,751 | = | 0.0% |
| Distributable reserves | 133 | €109,751 | €109,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€674,698 | -€685,494 | -€10,796 | -1.6% |
| Amounts payable | 17/49 | €1,460,609 | €2,646,433 | +€1.2m | +81.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,453,965 | €2,645,910 | +€1.2m | +82.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €418,928 | €315,013 | -€103,915 | -24.8% |
| Suppliers | 440/4 | €418,928 | €315,013 | -€103,915 | -24.8% |
| Taxes, remuneration and social security | 45 | - | €15,793 | +€15,793 | |
| Taxes | 450/3 | - | €453 | +€453 | |
| Remuneration and social security | 454/9 | - | €15,340 | +€15,340 | |
| Other amounts payable | 47/48 | €1,035,037 | €2,315,104 | +€1.3m | +124% |
| Accrued charges and deferred income | 492/3 | €6,644 | €523 | -€6,121 | -92.1% |
| Operating income | 70/76A | €51,293 | €874,817 | +€823,524 | +1,606% |
| Turnover | 70 | €33,793 | €869,624 | +€835,831 | +2,473% |
| Other operating income | 74 | - | €5,193 | +€5,193 | |
| Non-recurring operating income | 76A | €17,500 | €0 | -€17,500 | -100% |
| Operating charges | 60/66A | €669,811 | €880,660 | +€210,850 | +31.5% |
| Goods for resale, raw materials and consumables | 60 | €26,353 | €19,029 | -€7,323 | -27.8% |
| Purchases | 600/8 | €26,353 | €19,029 | -€7,323 | -27.8% |
| Services and other goods | 61 | €571,800 | €716,501 | +€144,701 | +25.3% |
| Remuneration, social security and pensions | 62 | - | €143,302 | +€143,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603 | €603 | = | 0.0% |
| Other operating charges | 640/8 | €2,629 | €1,224 | -€1,405 | -53.5% |
| Non-recurring operating charges | 66A | €68,426 | €0 | -€68,426 | -100% |
| Operating profit (loss) | 9901 | -€618,518 | -€5,844 | +€612,674 | +99.1% |
| Financial income | 75/76B | €140,300 | €0 | -€140,300 | -100% |
| Recurring financial income | 75 | €140,300 | €0 | -€140,300 | -100% |
| Income from financial fixed assets | 750 | €140,000 | €0 | -€140,000 | -100% |
| Other financial income | 752/9 | €300 | €0 | -€300 | -100% |
| Financial charges | 65/66B | €196,535 | €4,500 | -€192,035 | -97.7% |
| Recurring financial charges | 65 | €34,530 | €4,500 | -€30,030 | -87.0% |
| Debt charges | 650 | €30,190 | €21 | -€30,169 | -99.9% |
| Other financial charges | 652/9 | €4,340 | €4,479 | +€139 | +3.2% |
| Non-recurring financial charges | 66B | €162,005 | €0 | -€162,005 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€674,753 | -€10,343 | +€664,410 | +98.5% |
| Income taxes | 67/77 | -€55 | €453 | +€508 | |
| Taxes | 670/3 | €0 | €453 | +€453 | |
| Tax adjustments and reversals of tax provisions | 77 | €55 | €0 | -€55 | -100% |
| Profit (loss) for the period | 9904 | -€674,698 | -€10,796 | +€663,901 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€674,698 | -€10,796 | +€663,901 | +98.4% |
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 26 October 2026 via checked.be.