ILAMCO: 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.
ILAMCO
Largest movements
- Receivables within one year +€22,558
up €22,558 (+166%), from €13,592 to €36,151
of which Other amounts receivable: +€17,478
- Tangible fixed assets +€3,531
new in 2025: €3,531
of which Furniture and vehicles: +€2,037
- Cash -€1,709
down €1,709 (-11.9%), from €14,358 to €12,649
mainly Receivables within one year (-€22,558) and Other debts (-€6,650)
- Financial fixed assets +€750
new in 2025: €750
- Profit (loss) carried forward +€25,561
up €25,561 (+311%), from €8,230 to €33,791
- Other debts -€6,650
no longer reported in 2025 (was €6,650)
- Trade debts +€4,965
up €4,965 (+368%), from €1,351 to €6,316
- Tax, wage and social debts +€1,304
up €1,304 (+13.4%), from €9,719 to €11,023
- Gross operating margin +€25,466
up €25,466 (+233%), from €10,944 to €36,410
- Taxes +€5,263
up €5,263 (+248%), from €2,123 to €7,386
- Financial charges +€2,424
up €2,424 (+1,021%), from €237 to €2,661
- Depreciation +€415
new in 2025: €415
- Other operating charges +€410
up €410 (+106%), from €387 to €797
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 | €27,950 | €53,130 | +€25,179 | +90.1% |
| Fixed assets | 21/28 | - | €4,281 | +€4,281 | |
| Tangible fixed assets | 22/27 | - | €3,531 | +€3,531 | |
| Plant, machinery and equipment | 23 | - | €1,494 | +€1,494 | |
| Furniture and vehicles | 24 | - | €2,037 | +€2,037 | |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €27,950 | €48,849 | +€20,898 | +74.8% |
| Amounts receivable within one year | 40/41 | €13,592 | €36,151 | +€22,558 | +166% |
| Trade receivables | 40 | €13,592 | €18,673 | +€5,080 | +37.4% |
| Other amounts receivable | 41 | - | €17,478 | +€17,478 | |
| Cash at bank and in hand | 54/58 | €14,358 | €12,649 | -€1,709 | -11.9% |
| Deferred charges and accrued income | 490/1 | - | €49 | +€49 | |
| Total equity and liabilities | 10/49 | €27,950 | €53,130 | +€25,179 | +90.1% |
| Equity | 10/15 | €10,230 | €35,791 | +€25,561 | +250% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,230 | €33,791 | +€25,561 | +311% |
| Amounts payable | 17/49 | €17,720 | €17,339 | -€381 | -2.2% |
| Amounts payable within one year | 42/48 | €17,720 | €17,339 | -€381 | -2.2% |
| Trade debts | 44 | €1,351 | €6,316 | +€4,965 | +368% |
| Suppliers | 440/4 | €1,351 | €6,316 | +€4,965 | +368% |
| Taxes, remuneration and social security | 45 | €9,719 | €11,023 | +€1,304 | +13.4% |
| Taxes | 450/3 | €9,719 | €11,023 | +€1,304 | +13.4% |
| Other amounts payable | 47/48 | €6,650 | - | -€6,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €415 | +€415 | |
| Other operating charges | 640/8 | €387 | €797 | +€410 | +106% |
| Gross operating margin | 9900 | €10,944 | €36,410 | +€25,466 | +233% |
| Operating profit (loss) | 9901 | €10,557 | €35,198 | +€24,641 | +233% |
| Financial income | 75/76B | €34 | €410 | +€376 | +1,122% |
| Recurring financial income | 75 | €34 | €410 | +€376 | +1,122% |
| Financial charges | 65/66B | €237 | €2,661 | +€2,424 | +1,021% |
| Recurring financial charges | 65 | €237 | €2,661 | +€2,424 | +1,021% |
| Profit (loss) for the period before taxes | 9903 | €10,353 | €32,946 | +€22,593 | +218% |
| Income taxes | 67/77 | €2,123 | €7,386 | +€5,263 | +248% |
| Profit (loss) for the period | 9904 | €8,230 | €25,561 | +€17,330 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €8,230 | €25,561 | +€17,330 | +211% |
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 16 October 2026 via checked.be.