Ilbarritz-Espée: 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.
Ilbarritz-Espée
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+99.2%), from €1.7m to €3.3m
of which Other amounts receivable: +€1.7m
- Cash +€473,558
up €473,558 (+3,571%), from €13,262 to €486,820
mainly Contributions, distributions and other (+€2.0m) and Debts after one year (+€331,329)
- Contributions +€2.0m
up €2.0m (+15.4%), from €13.0m to €15.0m
- Debts after one year +€331,329
up €331,329 (+4.1%), from €8.1m to €8.4m
- Gross operating margin -€435,961
down €435,961, from €408,263 to -€27,698
- Financial charges -€67,036
down €67,036 (-16.8%), from €398,509 to €331,473
- Financial income +€63,068
up €63,068 (+69.9%), from €90,172 to €153,240
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 | €20,429,791 | €22,556,553 | +€2.1m | +10.4% |
| Fixed assets | 21/28 | €18,749,070 | €18,749,070 | = | 0.0% |
| Financial fixed assets | 28 | €18,749,070 | €18,749,070 | = | 0.0% |
| Current assets | 29/58 | €1,680,721 | €3,807,483 | +€2.1m | +127% |
| Amounts receivable within one year | 40/41 | €1,666,208 | €3,319,411 | +€1.7m | +99.2% |
| Trade receivables | 40 | €36 | €0 | -€36 | -100% |
| Other amounts receivable | 41 | €1,666,172 | €3,319,411 | +€1.7m | +99.2% |
| Cash at bank and in hand | 54/58 | €13,262 | €486,820 | +€473,558 | +3,571% |
| Deferred charges and accrued income | 490/1 | €1,251 | €1,251 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,429,791 | €22,556,553 | +€2.1m | +10.4% |
| Equity | 10/15 | €12,328,730 | €14,122,799 | +€1.8m | +14.6% |
| Contributions | 10/11 | €13,005,000 | €15,005,000 | +€2.0m | +15.4% |
| Profit (loss) carried forward | 14 | -€676,270 | -€882,201 | -€205,932 | -30.5% |
| Amounts payable | 17/49 | €8,101,060 | €8,433,754 | +€332,693 | +4.1% |
| Amounts payable after more than one year | 17 | €8,101,060 | €8,432,389 | +€331,329 | +4.1% |
| Financial debts | 170/4 | €8,101,060 | €8,432,389 | +€331,329 | +4.1% |
| Amounts payable within one year | 42/48 | €0 | €1,365 | +€1,365 | |
| Trade debts | 44 | €0 | €1,365 | +€1,365 | |
| Suppliers | 440/4 | €0 | €1,365 | +€1,365 | |
| Non-recurring operating income | 76A | €420,000 | €0 | -€420,000 | -100% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €408,263 | -€27,698 | -€435,961 | |
| Operating profit (loss) | 9901 | €408,263 | -€27,698 | -€435,961 | |
| Financial income | 75/76B | €90,172 | €153,240 | +€63,068 | +69.9% |
| Recurring financial income | 75 | €90,172 | €153,240 | +€63,068 | +69.9% |
| Financial charges | 65/66B | €398,509 | €331,473 | -€67,036 | -16.8% |
| Recurring financial charges | 65 | €398,509 | €331,473 | -€67,036 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €99,926 | -€205,932 | -€305,858 | |
| Profit (loss) for the period | 9904 | €99,926 | -€205,932 | -€305,858 | |
| Profit (loss) for the period to be appropriated | 9905 | €99,926 | -€205,932 | -€305,858 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.