ILCO: 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.
ILCO
Largest movements
- Cash +€40,529
up €40,529 (+27.1%), from €149,507 to €190,036
mainly Receivables within one year (+€19,851) and Depreciation (+€9,666)
- Receivables within one year -€19,851
down €19,851 (-95.0%), from €20,887 to €1,036
- Tangible fixed assets -€9,666
down €9,666 (-4.0%), from €241,044 to €231,378
- Other debts +€6,112
up €6,112 (+5.0%), from €122,666 to €128,778
- Reserves +€5,899
up €5,899 (+2.8%), from €209,801 to €215,700
of which Distributable reserves: +€8,494
- Gross operating margin -€131,394
down €131,394 (-84.5%), from €155,581 to €24,188
- Taxes -€33,158
down €33,158 (-89.3%), from €37,122 to €3,964
- Financial income -€7,000
down €7,000 (-100.0%), from €7,000 to €0
of which Financial income: -€7,000
- Other operating charges +€1,640
up €1,640 (+44.7%), from €3,668 to €5,308
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.
Cash bridge derived
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 | €411,438 | €422,450 | +€11,012 | +2.7% |
| Fixed assets | 21/28 | €241,044 | €231,378 | -€9,666 | -4.0% |
| Tangible fixed assets | 22/27 | €241,044 | €231,378 | -€9,666 | -4.0% |
| Land and buildings | 22 | €241,044 | €231,378 | -€9,666 | -4.0% |
| Current assets | 29/58 | €170,394 | €191,072 | +€20,678 | +12.1% |
| Amounts receivable within one year | 40/41 | €20,887 | €1,036 | -€19,851 | -95.0% |
| Other amounts receivable | 41 | €20,887 | €1,036 | -€19,851 | -95.0% |
| Cash at bank and in hand | 54/58 | €149,507 | €190,036 | +€40,529 | +27.1% |
| Total equity and liabilities | 10/49 | €411,438 | €422,450 | +€11,012 | +2.7% |
| Equity | 10/15 | €277,001 | €282,900 | +€5,899 | +2.1% |
| Contributions | 10/11 | €67,200 | €67,200 | = | 0.0% |
| Reserves | 13 | €209,801 | €215,700 | +€5,899 | +2.8% |
| Tax-exempt reserves | 132 | €38,926 | €36,331 | -€2,595 | -6.7% |
| Distributable reserves | 133 | €170,875 | €179,369 | +€8,494 | +5.0% |
| Provisions and deferred taxes | 16 | €9,732 | €9,083 | -€649 | -6.7% |
| Deferred taxes | 168 | €9,732 | €9,083 | -€649 | -6.7% |
| Amounts payable | 17/49 | €124,705 | €130,467 | +€5,762 | +4.6% |
| Amounts payable within one year | 42/48 | €124,641 | €130,401 | +€5,760 | +4.6% |
| Trade debts | 44 | €461 | €48 | -€413 | -89.6% |
| Suppliers | 440/4 | €461 | €48 | -€413 | -89.6% |
| Advances received on contracts in progress | 46 | €1,284 | €0 | -€1,284 | -100.0% |
| Taxes, remuneration and social security | 45 | €231 | €1,575 | +€1,344 | +582.9% |
| Taxes | 450/3 | €231 | €1,575 | +€1,344 | +582.9% |
| Other amounts payable | 47/48 | €122,666 | €128,778 | +€6,112 | +5.0% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,325 | €9,666 | -€659 | -6.4% |
| Other operating charges | 640/8 | €3,668 | €5,308 | +€1,640 | +44.7% |
| Gross operating margin | 9900 | €155,581 | €24,188 | -€131,394 | -84.5% |
| Operating profit (loss) | 9901 | €141,589 | €9,214 | -€132,374 | -93.5% |
| Financial income | 75/76B | €7,000 | €0 | -€7,000 | -100.0% |
| Recurring financial income | 75 | €7,000 | €0 | -€7,000 | -100.0% |
| Non-recurring financial income | 76B | €7,000 | €0 | -€7,000 | -100.0% |
| Financial charges | 65/66B | €125 | €0 | -€125 | -100.0% |
| Recurring financial charges | 65 | €125 | €0 | -€125 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €148,463 | €9,214 | -€139,249 | -93.8% |
| Transfer from deferred taxes | 780 | €695 | €649 | -€46 | -6.7% |
| Income taxes | 67/77 | €37,122 | €3,964 | -€33,158 | -89.3% |
| Profit (loss) for the period | 9904 | €112,036 | €5,899 | -€106,137 | -94.7% |
| Transfer from tax-exempt reserves | 789 | €2,780 | €2,595 | -€185 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €114,817 | €8,494 | -€106,323 | -92.6% |
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 11 October 2026 via checked.be.