I.L.O.: 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.
I.L.O.
Largest movements
- Tangible fixed assets -€1,342
down €1,342 (-3.2%), from €41,812 to €40,471
- Profit (loss) carried forward -€4,509
down €4,509 (-7.0%), from -€64,379 to -€68,888
- Other debts +€3,750
up €3,750 (+71.8%), from €5,223 to €8,973
- Trade debts -€1,019
no longer reported in 2025 (was €1,019)
- Gross operating margin +€997
up €997 (+38.9%), from -€2,561 to -€1,563
- Taxes +€32
up €32 (+3.1%), from €1,019 to €1,051
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 | €42,363 | €40,685 | -€1,678 | -4.0% |
| Fixed assets | 21/28 | €41,812 | €40,471 | -€1,342 | -3.2% |
| Tangible fixed assets | 22/27 | €41,812 | €40,471 | -€1,342 | -3.2% |
| Land and buildings | 22 | €41,812 | €40,471 | -€1,342 | -3.2% |
| Current assets | 29/58 | €550 | €214 | -€336 | -61.1% |
| Cash at bank and in hand | 54/58 | €550 | €214 | -€336 | -61.1% |
| Total equity and liabilities | 10/49 | €42,363 | €40,685 | -€1,678 | -4.0% |
| Equity | 10/15 | €35,621 | €31,112 | -€4,509 | -12.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,379 | -€68,888 | -€4,509 | -7.0% |
| Amounts payable | 17/49 | €6,742 | €9,573 | +€2,831 | +42.0% |
| Amounts payable within one year | 42/48 | €6,242 | €8,973 | +€2,731 | +43.7% |
| Trade debts | 44 | €1,019 | - | -€1,019 | |
| Suppliers | 440/4 | €1,019 | - | -€1,019 | |
| Other amounts payable | 47/48 | €5,223 | €8,973 | +€3,750 | +71.8% |
| Accrued charges and deferred income | 492/3 | €500 | €600 | +€100 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €1,342 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | -€2,561 | -€1,563 | +€997 | +38.9% |
| Operating profit (loss) | 9901 | -€4,405 | -€3,413 | +€992 | +22.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,450 | -€3,458 | +€992 | +22.3% |
| Income taxes | 67/77 | €1,019 | €1,051 | +€32 | +3.1% |
| Profit (loss) for the period | 9904 | -€5,469 | -€4,509 | +€961 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,469 | -€4,509 | +€961 | +17.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.