ILAZI: 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.
ILAZI
Largest movements
- Deferred charges and accrued income +€60,674
up €60,674 (+575%), from €10,544 to €71,218
- Receivables within one year +€18,839
up €18,839 (+54.3%), from €34,680 to €53,519
of which Trade receivables: +€35,876
- Cash +€18,379
up €18,379 (+49.0%), from €37,487 to €55,866
mainly Trade debts (+€55,734) and Net result for the year (+€43,006)
- Tangible fixed assets +€13,582
up €13,582 (+127%), from €10,694 to €24,276
of which Furniture and vehicles: +€13,734
- Trade debts +€55,734
up €55,734 (+482%), from €11,553 to €67,287
- Reserves +€42,000
up €42,000 (+124%), from €34,000 to €76,000
- Tax, wage and social debts +€11,493
up €11,493 (+73.6%), from €15,620 to €27,113
of which Taxes: +€13,018
- Current portion of long-term debt +€8,705
up €8,705 (+153%), from €5,677 to €14,382
- Accrued charges and deferred income -€5,698
no longer reported in 2024 (was €5,698)
- Gross operating margin +€67,921
up €67,921 (+127%), from €53,554 to €121,475
- Staff costs +€36,031
up €36,031 (+316%), from €11,401 to €47,432
- Taxes +€11,223
up €11,223 (+100.0%), from €11,228 to €22,451
- Depreciation +€1,848
up €1,848 (+112%), from €1,654 to €3,502
- Other operating charges +€1,784
up €1,784 (+205%), from €870 to €2,654
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.
Derived cash bridge
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 | €95,255 | €207,439 | +€112,184 | +118% |
| Fixed assets | 21/28 | €12,544 | €26,836 | +€14,292 | +114% |
| Tangible fixed assets | 22/27 | €10,694 | €24,276 | +€13,582 | +127% |
| Plant, machinery and equipment | 23 | €152 | - | -€152 | |
| Furniture and vehicles | 24 | €10,542 | €24,276 | +€13,734 | +130% |
| Financial fixed assets | 28 | €1,850 | €2,560 | +€710 | +38.4% |
| Current assets | 29/58 | €82,711 | €180,603 | +€97,892 | +118% |
| Amounts receivable within one year | 40/41 | €34,680 | €53,519 | +€18,839 | +54.3% |
| Trade receivables | 40 | €17,643 | €53,519 | +€35,876 | +203% |
| Other amounts receivable | 41 | €17,037 | - | -€17,037 | |
| Cash at bank and in hand | 54/58 | €37,487 | €55,866 | +€18,379 | +49.0% |
| Deferred charges and accrued income | 490/1 | €10,544 | €71,218 | +€60,674 | +575% |
| Total equity and liabilities | 10/49 | €95,255 | €207,439 | +€112,184 | +118% |
| Equity | 10/15 | €48,927 | €91,933 | +€43,006 | +87.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €76,000 | +€42,000 | +124% |
| Distributable reserves | 133 | €34,000 | €76,000 | +€42,000 | +124% |
| Profit (loss) carried forward | 14 | €9,927 | €10,933 | +€1,006 | +10.1% |
| Amounts payable | 17/49 | €46,328 | €115,506 | +€69,178 | +149% |
| Amounts payable after more than one year | 17 | €4,447 | €4,254 | -€193 | -4.3% |
| Financial debts | 170/4 | €4,447 | €4,254 | -€193 | -4.3% |
| Amounts payable within one year | 42/48 | €36,183 | €111,252 | +€75,069 | +207% |
| Current portion of amounts payable after more than one year | 42 | €5,677 | €14,382 | +€8,705 | +153% |
| Trade debts | 44 | €11,553 | €67,287 | +€55,734 | +482% |
| Suppliers | 440/4 | €11,553 | €67,287 | +€55,734 | +482% |
| Taxes, remuneration and social security | 45 | €15,620 | €27,113 | +€11,493 | +73.6% |
| Taxes | 450/3 | €12,127 | €25,145 | +€13,018 | +107% |
| Remuneration and social security | 454/9 | €3,493 | €1,968 | -€1,525 | -43.7% |
| Other amounts payable | 47/48 | €3,333 | €2,470 | -€863 | -25.9% |
| Accrued charges and deferred income | 492/3 | €5,698 | - | -€5,698 | |
| Remuneration, social security and pensions | 62 | €11,401 | €47,432 | +€36,031 | +316% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €3,502 | +€1,848 | +112% |
| Other operating charges | 640/8 | €870 | €2,654 | +€1,784 | +205% |
| Gross operating margin | 9900 | €53,554 | €121,475 | +€67,921 | +127% |
| Operating profit (loss) | 9901 | €39,629 | €67,887 | +€28,258 | +71.3% |
| Financial income | 75/76B | €208 | €638 | +€430 | +207% |
| Recurring financial income | 75 | €208 | €638 | +€430 | +207% |
| Financial charges | 65/66B | €3,681 | €3,067 | -€614 | -16.7% |
| Recurring financial charges | 65 | €3,681 | €3,067 | -€614 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €36,156 | €65,457 | +€29,301 | +81.0% |
| Income taxes | 67/77 | €11,228 | €22,451 | +€11,223 | +100.0% |
| Profit (loss) for the period | 9904 | €24,928 | €43,006 | +€18,078 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,928 | €43,006 | +€18,078 | +72.5% |
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 26 October 2026 via checked.be.