H. ILSA: 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.
H. ILSA
Largest movements
- Tangible fixed assets -€2,853
down €2,853 (-30.3%), from €9,421 to €6,568
- Receivables within one year +€1,437
up €1,437 (+21.6%), from €6,669 to €8,106
of which Trade receivables: +€1,133
- Cash +€394
up €394 (+2.3%), from €16,821 to €17,215
mainly Net result for the year (+€10,274) and Depreciation (+€2,853)
- Other debts -€11,652
down €11,652 (-77.0%), from €15,138 to €3,486
- Profit (loss) carried forward +€10,274
up €10,274 (+140.2%), from €7,328 to €17,602
- Tax, wage and social debts +€1,203
up €1,203 (+37.8%), from €3,183 to €4,386
of which Remuneration and social security: +€882
- Trade debts -€847
down €847 (-67.2%), from €1,261 to €414
- Financial charges -€7,824
down €7,824 (-93.2%), from €8,392 to €568
of which Non-recurring financial charges: -€7,613
- Gross operating margin -€4,700
down €4,700 (-14.3%), from €32,862 to €28,161
- Purchases and services +€2,536
up €2,536 (+10.5%), from €24,124 to €26,661
- Turnover -€2,164
down €2,164 (-3.8%), from €56,986 to €54,822
- Staff costs -€1,287
down €1,287 (-8.5%), from €15,078 to €13,792
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,910 | €31,888 | -€1,022 | -3.1% |
| Fixed assets | 21/28 | €9,421 | €6,568 | -€2,853 | -30.3% |
| Tangible fixed assets | 22/27 | €9,421 | €6,568 | -€2,853 | -30.3% |
| Furniture and vehicles | 24 | €9,421 | €6,568 | -€2,853 | -30.3% |
| Current assets | 29/58 | €23,490 | €25,321 | +€1,831 | +7.8% |
| Amounts receivable within one year | 40/41 | €6,669 | €8,106 | +€1,437 | +21.6% |
| Trade receivables | 40 | €163 | €1,296 | +€1,133 | +697.2% |
| Other amounts receivable | 41 | €6,506 | €6,810 | +€304 | +4.7% |
| Cash at bank and in hand | 54/58 | €16,821 | €17,215 | +€394 | +2.3% |
| Total equity and liabilities | 10/49 | €32,910 | €31,888 | -€1,022 | -3.1% |
| Equity | 10/15 | €13,328 | €23,602 | +€10,274 | +77.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,328 | €17,602 | +€10,274 | +140.2% |
| Amounts payable | 17/49 | €19,582 | €8,286 | -€11,296 | -57.7% |
| Amounts payable within one year | 42/48 | €19,582 | €8,286 | -€11,296 | -57.7% |
| Trade debts | 44 | €1,261 | €414 | -€847 | -67.2% |
| Suppliers | 440/4 | €1,261 | €414 | -€847 | -67.2% |
| Taxes, remuneration and social security | 45 | €3,183 | €4,386 | +€1,203 | +37.8% |
| Taxes | 450/3 | €98 | €419 | +€321 | +327.7% |
| Remuneration and social security | 454/9 | €3,085 | €3,967 | +€882 | +28.6% |
| Other amounts payable | 47/48 | €15,138 | €3,486 | -€11,652 | -77.0% |
| Turnover | 70 | €56,986 | €54,822 | -€2,164 | -3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,124 | €26,661 | +€2,536 | +10.5% |
| Remuneration, social security and pensions | 62 | €15,078 | €13,792 | -€1,287 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,887 | €2,853 | -€33 | -1.2% |
| Other operating charges | 640/8 | €66 | €674 | +€608 | +921.0% |
| Gross operating margin | 9900 | €32,862 | €28,161 | -€4,700 | -14.3% |
| Operating profit (loss) | 9901 | €14,830 | €10,842 | -€3,988 | -26.9% |
| Financial income | 75/76B | €350 | - | -€350 | |
| Recurring financial income | 75 | €350 | - | -€350 | |
| Non-recurring financial income | 76B | €350 | - | -€350 | |
| Financial charges | 65/66B | €8,392 | €568 | -€7,824 | -93.2% |
| Recurring financial charges | 65 | €377 | €166 | -€210 | -55.8% |
| Non-recurring financial charges | 66B | €8,015 | €402 | -€7,613 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €6,788 | €10,274 | +€3,485 | +51.3% |
| Profit (loss) for the period | 9904 | €6,788 | €10,274 | +€3,485 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,788 | €10,274 | +€3,485 | +51.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.