I-Lex: 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-Lex
Largest movements
- Cash +€44,397
up €44,397 (+49.8%), from €89,198 to €133,596
mainly Net result for the year (+€33,766) and Tax, wage and social debts (+€12,332)
- Receivables within one year +€4,474
up €4,474 (+29.7%), from €15,076 to €19,550
of which Other amounts receivable: +€4,459
- Tangible fixed assets +€1,874
up €1,874 (+130%), from €1,437 to €3,311
of which Furniture and vehicles: +€2,570
- Profit (loss) carried forward +€33,766
up €33,766 (+156%), from €21,621 to €55,388
- Tax, wage and social debts +€12,332
up €12,332 (+166%), from €7,442 to €19,774
- Trade debts +€4,533
up €4,533 (+6.2%), from €73,643 to €78,176
- Gross operating margin +€45,527
up €45,527 (+639%), from €7,129 to €52,656
- Taxes +€13,774
up €13,774 (+3,209%), from €429 to €14,203
- Other operating charges -€7,820
down €7,820 (-81.2%), from €9,633 to €1,813
- Staff costs +€735
up €735 (+152%), from €484 to €1,219
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 | €105,711 | €156,456 | +€50,745 | +48.0% |
| Fixed assets | 21/28 | €1,437 | €3,311 | +€1,874 | +130% |
| Tangible fixed assets | 22/27 | €1,437 | €3,311 | +€1,874 | +130% |
| Plant, machinery and equipment | 23 | €1,138 | €442 | -€696 | -61.1% |
| Furniture and vehicles | 24 | €298 | €2,868 | +€2,570 | +862% |
| Current assets | 29/58 | €104,274 | €153,145 | +€48,871 | +46.9% |
| Amounts receivable within one year | 40/41 | €15,076 | €19,550 | +€4,474 | +29.7% |
| Trade receivables | 40 | €2,913 | €2,928 | +€15 | +0.5% |
| Other amounts receivable | 41 | €12,163 | €16,622 | +€4,459 | +36.7% |
| Cash at bank and in hand | 54/58 | €89,198 | €133,596 | +€44,397 | +49.8% |
| Total equity and liabilities | 10/49 | €105,711 | €156,456 | +€50,745 | +48.0% |
| Equity | 10/15 | €24,621 | €58,388 | +€33,766 | +137% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,621 | €55,388 | +€33,766 | +156% |
| Amounts payable | 17/49 | €81,089 | €98,068 | +€16,979 | +20.9% |
| Amounts payable within one year | 42/48 | €81,089 | €98,068 | +€16,979 | +20.9% |
| Trade debts | 44 | €73,643 | €78,176 | +€4,533 | +6.2% |
| Suppliers | 440/4 | €73,643 | €78,176 | +€4,533 | +6.2% |
| Taxes, remuneration and social security | 45 | €7,442 | €19,774 | +€12,332 | +166% |
| Taxes | 450/3 | €7,442 | €19,774 | +€12,332 | +166% |
| Other amounts payable | 47/48 | €5 | €118 | +€113 | +2,257% |
| Remuneration, social security and pensions | 62 | €484 | €1,219 | +€735 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €1,435 | +€454 | +46.2% |
| Other operating charges | 640/8 | €9,633 | €1,813 | -€7,820 | -81.2% |
| Gross operating margin | 9900 | €7,129 | €52,656 | +€45,527 | +639% |
| Operating profit (loss) | 9901 | -€3,969 | €48,190 | +€52,158 | |
| Financial charges | 65/66B | €348 | €220 | -€127 | -36.7% |
| Recurring financial charges | 65 | €348 | €220 | -€127 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,316 | €47,969 | +€52,286 | |
| Income taxes | 67/77 | €429 | €14,203 | +€13,774 | +3,209% |
| Profit (loss) for the period | 9904 | -€4,746 | €33,766 | +€38,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,746 | €33,766 | +€38,512 |
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 13 October 2026 via checked.be.