ILEX Advies: 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.
ILEX Advies
Largest movements
- Receivables within one year +€73,895
up €73,895 (+3,901%), from €1,894 to €75,789
of which Trade receivables: +€62,776
- Cash -€47,306
down €47,306 (-56.9%), from €83,180 to €35,874
mainly Receivables within one year (-€73,895) and Investment in fixed assets (net) (-€66,829)
- Accrued charges and deferred income +€53,938
up €53,938 (+181%), from €29,880 to €83,818
- Debts after one year -€30,378
down €30,378 (-4.3%), from €704,698 to €674,321
- Depreciation +€21,672
up €21,672 (+45.9%), from €47,248 to €68,920
- Gross operating margin -€9,537
down €9,537 (-8.1%), from €117,475 to €107,938
- Taxes -€8,718
down €8,718 (-96.5%), from €9,031 to €313
- Other operating charges +€8,237
up €8,237 (+99.1%), from €8,308 to €16,546
- Financial charges -€2,182
down €2,182 (-6.3%), from €34,758 to €32,576
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 | €1,460,539 | €1,487,089 | +€26,551 | +1.8% |
| Fixed assets | 21/28 | €1,369,393 | €1,367,301 | -€2,091 | -0.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,369,393 | €1,362,301 | -€7,091 | -0.5% |
| Land and buildings | 22 | €1,250,287 | €1,215,602 | -€34,685 | -2.8% |
| Plant, machinery and equipment | 23 | €64,552 | €57,164 | -€7,388 | -11.4% |
| Furniture and vehicles | 24 | €54,554 | €89,535 | +€34,981 | +64.1% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €91,146 | €119,788 | +€28,642 | +31.4% |
| Amounts receivable within one year | 40/41 | €1,894 | €75,789 | +€73,895 | +3,901% |
| Trade receivables | 40 | €915 | €63,691 | +€62,776 | +6,859% |
| Other amounts receivable | 41 | €979 | €12,098 | +€11,119 | +1,136% |
| Cash at bank and in hand | 54/58 | €83,180 | €35,874 | -€47,306 | -56.9% |
| Deferred charges and accrued income | 490/1 | €6,072 | €8,125 | +€2,053 | +33.8% |
| Total equity and liabilities | 10/49 | €1,460,539 | €1,487,089 | +€26,551 | +1.8% |
| Equity | 10/15 | €581,733 | €568,475 | -€13,258 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €385,636 | €385,636 | = | 0.0% |
| Distributable reserves | 133 | €385,636 | €385,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,097 | €162,840 | -€13,258 | -7.5% |
| Amounts payable | 17/49 | €878,806 | €918,614 | +€39,808 | +4.5% |
| Amounts payable after more than one year | 17 | €704,698 | €674,321 | -€30,378 | -4.3% |
| Financial debts | 170/4 | €704,698 | €674,321 | -€30,378 | -4.3% |
| Amounts payable within one year | 42/48 | €144,228 | €160,476 | +€16,248 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €29,577 | €30,378 | +€801 | +2.7% |
| Trade debts | 44 | €3,891 | €9,362 | +€5,471 | +141% |
| Suppliers | 440/4 | €3,891 | €9,362 | +€5,471 | +141% |
| Taxes, remuneration and social security | 45 | €25,297 | €25,412 | +€115 | +0.5% |
| Taxes | 450/3 | €23,406 | €23,500 | +€94 | +0.4% |
| Remuneration and social security | 454/9 | €1,891 | €1,912 | +€21 | +1.1% |
| Other amounts payable | 47/48 | €85,463 | €95,324 | +€9,861 | +11.5% |
| Accrued charges and deferred income | 492/3 | €29,880 | €83,818 | +€53,938 | +181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,248 | €68,920 | +€21,672 | +45.9% |
| Other operating charges | 640/8 | €8,308 | €16,546 | +€8,237 | +99.1% |
| Non-recurring operating charges | 66A | - | €704 | +€704 | |
| Gross operating margin | 9900 | €117,475 | €107,938 | -€9,537 | -8.1% |
| Operating profit (loss) | 9901 | €61,919 | €21,768 | -€40,150 | -64.8% |
| Financial income | 75/76B | €368 | €166 | -€202 | -54.8% |
| Recurring financial income | 75 | €189 | €166 | -€23 | -12.3% |
| Non-recurring financial income | 76B | €179 | - | -€179 | |
| Financial charges | 65/66B | €34,758 | €32,576 | -€2,182 | -6.3% |
| Recurring financial charges | 65 | €34,758 | €32,576 | -€2,182 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €27,529 | -€10,642 | -€38,170 | |
| Income taxes | 67/77 | €9,031 | €313 | -€8,718 | -96.5% |
| Profit (loss) for the period | 9904 | €18,497 | -€10,955 | -€29,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,497 | -€10,955 | -€29,452 |
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 26 October 2026 via checked.be.