ILIAD: 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.
ILIAD
Largest movements
- Tangible fixed assets +€4,079
up €4,079 (+169.5%), from €2,406 to €6,485
of which Plant, machinery and equipment: +€5,299
- Cash +€3,113
up €3,113 (+331.3%), from €940 to €4,053
mainly Net result for the year (+€22,620) and Depreciation (+€1,419)
- Receivables within one year +€2,377
up €2,377 (+62.9%), from €3,780 to €6,158
of which Other amounts receivable: +€2,608
- Profit (loss) carried forward +€22,620
up €22,620 (+68.2%), from -€33,173 to -€10,553
- Trade debts -€12,776
down €12,776 (-65.0%), from €19,645 to €6,869
- Tax, wage and social debts -€753
down €753 (-51.3%), from €1,468 to €716
- Other debts +€529
up €529 (+3.5%), from €15,335 to €15,865
- Gross operating margin +€34,053
up €34,053, from -€8,346 to €25,706
- Financial income +€1,639
new in 2025: €1,639
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 | €7,275 | €16,896 | +€9,621 | +132.2% |
| Fixed assets | 21/28 | €2,555 | €6,685 | +€4,130 | +161.6% |
| Tangible fixed assets | 22/27 | €2,406 | €6,485 | +€4,079 | +169.5% |
| Plant, machinery and equipment | 23 | - | €5,299 | +€5,299 | |
| Furniture and vehicles | 24 | €2,406 | €1,186 | -€1,220 | -50.7% |
| Financial fixed assets | 28 | €149 | €200 | +€51 | +34.1% |
| Current assets | 29/58 | €4,720 | €10,211 | +€5,491 | +116.3% |
| Amounts receivable within one year | 40/41 | €3,780 | €6,158 | +€2,377 | +62.9% |
| Trade receivables | 40 | €230 | - | -€230 | |
| Other amounts receivable | 41 | €3,550 | €6,158 | +€2,608 | +73.5% |
| Cash at bank and in hand | 54/58 | €940 | €4,053 | +€3,113 | +331.3% |
| Total equity and liabilities | 10/49 | €7,275 | €16,896 | +€9,621 | +132.2% |
| Equity | 10/15 | -€29,173 | -€6,553 | +€22,620 | +77.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,173 | -€10,553 | +€22,620 | +68.2% |
| Amounts payable | 17/49 | €36,449 | €23,449 | -€13,000 | -35.7% |
| Amounts payable within one year | 42/48 | €36,449 | €23,449 | -€13,000 | -35.7% |
| Trade debts | 44 | €19,645 | €6,869 | -€12,776 | -65.0% |
| Suppliers | 440/4 | €19,645 | €6,869 | -€12,776 | -65.0% |
| Taxes, remuneration and social security | 45 | €1,468 | €716 | -€753 | -51.3% |
| Taxes | 450/3 | €1,468 | €716 | -€753 | -51.3% |
| Other amounts payable | 47/48 | €15,335 | €15,865 | +€529 | +3.5% |
| Non-recurring operating income | 76A | €4,298 | - | -€4,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,220 | €1,419 | +€199 | +16.3% |
| Non-recurring operating charges | 66A | €1,694 | €1,317 | -€377 | -22.2% |
| Gross operating margin | 9900 | -€8,346 | €25,706 | +€34,053 | |
| Operating profit (loss) | 9901 | -€11,261 | €22,970 | +€34,231 | |
| Financial income | 75/76B | - | €1,639 | +€1,639 | |
| Recurring financial income | 75 | - | €1,639 | +€1,639 | |
| Financial charges | 65/66B | €1,860 | €1,989 | +€129 | +6.9% |
| Recurring financial charges | 65 | €1,860 | €1,989 | +€129 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,120 | €22,620 | +€35,741 | |
| Profit (loss) for the period | 9904 | -€13,120 | €22,620 | +€35,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,120 | €22,620 | +€35,741 |
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 9 October 2026 via checked.be.