ILIAS SOLUTIONS: 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.
What changed
ILIAS SOLUTIONS
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 31-12-2025 compared with 31-03-2025filed annual accounts (NBB)
Net result for the year
€6.6m
31-03-2025 · €3.6m+€3.0m
Equity
€5.4m
31-03-2025 · €8.7m-€3.4m
Cash
€955,009
31-03-2025 · €527,768+€427,241
Balance sheet total
€39.8m
31-03-2025 · €43.6m-€3.8m
Largest movements
Assets
- Receivables within one year -€20.9m
down €20.9m (-74.6%), from €28.1m to €7.1m
of which Trade receivables: -€23.5m
- Current investments +€15.0m
new in 2025: €15.0m
- Stocks and contracts +€621,995
up €621,995 (+30.9%), from €2.0m to €2.6m
of which Stocks: +€526,208
- Deferred charges and accrued income +€544,584
up €544,584 (+27.9%), from €2.0m to €2.5m
- Intangible fixed assets +€501,049
up €501,049 (+5.4%), from €9.3m to €9.8m
Equity and liabilities
- Accrued charges and deferred income +€11.1m
up €11.1m (+204%), from €5.5m to €16.6m
- Trade debts -€6.7m
down €6.7m (-68.1%), from €9.8m to €3.1m
- Reserves -€3.4m
down €3.4m (-46.1%), from €7.5m to €4.0m
of which Distributable reserves: -€3.4m
- Short-term financial debts -€2.9m
down €2.9m (-83.4%), from €3.5m to €586,172
- Debts after one year -€2.4m
down €2.4m (-95.4%), from €2.5m to €116,222
of which Financial debts: -€2.4m
Income statement
- Turnover +€3.2m
up €3.2m (+7.9%), from €40.5m to €43.7m
- Taxes +€976,748
up €976,748 (+75.0%), from €1.3m to €2.3m
- Financial income +€912,537
up €912,537 (+715%), from €127,638 to €1.0m
- Goods and materials +€779,111
up €779,111 (+8.2%), from €9.5m to €10.3m
of which Purchases: +€1.1m
- Financial charges +€451,812
up €451,812 (+60.2%), from €749,896 to €1.2m
From the 31-03-2025 result to the 31-12-2025 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.
Result 31-03-2025
€3.6m
Turnover
+€3.2m
Other operating income
-€111,277
Goods and materials
-€779,111
Services and other goods
+€298,273
Staff costs
+€319,371
Depreciation
+€161,334
Write-downs
-€306,250
Provisions
-€130,101
Other operating charges
+€25,562
Other operating items
+€775,274
Financial income
+€912,537
Financial charges
-€451,812
Taxes
-€976,748
Deferred taxes and other
+€3,332
Result 31-12-2025
€6.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€33.2m
Investment
-€17.4m
Financing
-€15.4m
Cash 31-03-2025
€527,768
From operations (derived)
+€33.2m
Net result for the year
+€6.6m
Depreciation
+€1.8m
Stocks and contracts
-€621,995
Receivables within one year
+€20.9m
Deferred charges and accrued income
-€544,584
Provisions
+€148,197
Trade debts
-€6.7m
Tax, wage and social debts
+€369,612
Other debts
+€6,333
Accrued charges and deferred income
+€11.1m
Investment (derived)
-€17.4m
Investment in fixed assets (net)
-€2.4m
Current investments
-€15.0m
Financing
-€15.4m
Debts after one year
-€2.4m
Current portion of long-term debt
-€97,915
Short-term financial debts
-€2.9m
Contributions, distributions and other
-€9.9m
Cash 31-12-2025
€955,009
brings cash intakes cash out
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,640,451 | €39,834,793 | -€3.8m | -8.7% |
| Fixed assets | 21/28 | €11,077,555 | €11,611,847 | +€534,292 | +4.8% |
| Intangible fixed assets | 21 | €9,262,523 | €9,763,571 | +€501,049 | +5.4% |
| Tangible fixed assets | 22/27 | €1,604,756 | €1,636,750 | +€31,994 | +2.0% |
| Plant, machinery and equipment | 23 | €157,859 | €171,933 | +€14,074 | +8.9% |
| Furniture and vehicles | 24 | €157,503 | €148,391 | -€9,112 | -5.8% |
| Leasing and similar rights | 25 | €110,133 | €131,013 | +€20,880 | +19.0% |
| Other tangible fixed assets | 26 | €1,179,261 | €1,185,413 | +€6,152 | +0.5% |
| Financial fixed assets | 28 | €210,276 | €211,526 | +€1,250 | +0.6% |
| Affiliated companies | 280/1 | €199,027 | €199,027 | = | 0.0% |
| Participating interests | 280 | €199,027 | €199,027 | = | 0.0% |
| Other financial fixed assets | 284/8 | €11,249 | €12,499 | +€1,250 | +11.1% |
| Shares | 284 | €7,648 | €7,648 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,602 | €4,852 | +€1,250 | +34.7% |
| Current assets | 29/58 | €32,562,896 | €28,222,946 | -€4.3m | -13.3% |
| Stocks and contracts in progress | 3 | €2,011,768 | €2,633,763 | +€621,995 | +30.9% |
| Stocks | 30/36 | €1,148,979 | €1,675,187 | +€526,208 | +45.8% |
| Finished goods | 33 | €1,148,979 | €1,675,187 | +€526,208 | +45.8% |
| Advance payments | 36 | €0 | - | = | |
| Contracts in progress | 37 | €862,789 | €958,576 | +€95,787 | +11.1% |
| Amounts receivable within one year | 40/41 | €28,072,359 | €7,138,589 | -€20.9m | -74.6% |
| Trade receivables | 40 | €27,528,532 | €3,989,162 | -€23.5m | -85.5% |
| Other amounts receivable | 41 | €543,827 | €3,149,427 | +€2.6m | +479% |
| Current investments | 50/53 | - | €15,000,000 | +€15.0m | |
| Other investments | 51/53 | - | €15,000,000 | +€15.0m | |
| Cash at bank and in hand | 54/58 | €527,768 | €955,009 | +€427,241 | +81.0% |
| Deferred charges and accrued income | 490/1 | €1,951,001 | €2,495,585 | +€544,584 | +27.9% |
| Total equity and liabilities | 10/49 | €43,640,451 | €39,834,793 | -€3.8m | -8.7% |
| Equity | 10/15 | €8,712,809 | €5,357,233 | -€3.4m | -38.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €7,463,962 | €4,024,846 | -€3.4m | -46.1% |
| Non-distributable reserves | 130/1 | €92,193 | €92,193 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42,193 | €42,193 | = | 0.0% |
| Tax-exempt reserves | 132 | €255,092 | €225,840 | -€29,252 | -11.5% |
| Distributable reserves | 133 | €7,116,677 | €3,706,813 | -€3.4m | -47.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €748,847 | €832,387 | +€83,540 | +11.2% |
| Provisions and deferred taxes | 16 | €334,646 | €482,843 | +€148,197 | +44.3% |
| Provisions for liabilities and charges | 160/5 | - | €130,101 | +€130,101 | |
| Other liabilities and charges | 164/5 | - | €130,101 | +€130,101 | |
| Deferred taxes | 168 | €334,646 | €352,742 | +€18,096 | +5.4% |
| Amounts payable | 17/49 | €34,592,995 | €33,994,716 | -€598,279 | -1.7% |
| Amounts payable after more than one year | 17 | €2,525,316 | €116,222 | -€2.4m | -95.4% |
| Financial debts | 170/4 | €2,525,316 | €116,222 | -€2.4m | -95.4% |
| Unsubordinated bonds | 171 | €1,785,000 | €0 | -€1.8m | -100% |
| Leasing and similar obligations | 172 | €82,119 | €116,222 | +€34,103 | +41.5% |
| Credit institutions | 173 | €658,197 | €0 | -€658,197 | -100% |
| Trade debts | 175 | €0 | - | = | |
| Suppliers | 1750 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,611,870 | €17,284,611 | -€9.3m | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €149,435 | €51,520 | -€97,915 | -65.5% |
| Financial debts | 43 | €3,532,950 | €586,172 | -€2.9m | -83.4% |
| Credit institutions | 430/8 | €3,532,950 | €586,172 | -€2.9m | -83.4% |
| Trade debts | 44 | €9,774,546 | €3,116,034 | -€6.7m | -68.1% |
| Suppliers | 440/4 | €9,774,546 | €3,116,034 | -€6.7m | -68.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €809,226 | €1,178,838 | +€369,612 | +45.7% |
| Taxes | 450/3 | €312,874 | €379,584 | +€66,710 | +21.3% |
| Remuneration and social security | 454/9 | €496,352 | €799,254 | +€302,902 | +61.0% |
| Other amounts payable | 47/48 | €12,345,713 | €12,352,046 | +€6,333 | +0.1% |
| Accrued charges and deferred income | 492/3 | €5,455,809 | €16,593,883 | +€11.1m | +204% |
| Operating income | 70/76A | €44,212,579 | €48,450,307 | +€4.2m | +9.6% |
| Turnover | 70 | €40,513,481 | €43,732,211 | +€3.2m | +7.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€572,142 | €402,036 | +€974,178 | |
| Own construction capitalised | 72 | €3,015,658 | €2,021,911 | -€993,747 | -33.0% |
| Other operating income | 74 | €1,255,582 | €1,144,306 | -€111,277 | -8.9% |
| Non-recurring operating income | 76A | - | €1,149,843 | +€1.1m | |
| Operating charges | 60/66A | €38,727,782 | €39,493,703 | +€765,921 | +2.0% |
| Goods for resale, raw materials and consumables | 60 | €9,532,151 | €10,311,263 | +€779,111 | +8.2% |
| Purchases | 600/8 | €9,811,144 | €10,905,512 | +€1.1m | +11.2% |
| Change in stocks: decrease (increase) | 609 | -€278,993 | -€594,249 | -€315,257 | -113% |
| Services and other goods | 61 | €23,638,623 | €23,340,350 | -€298,273 | -1.3% |
| Remuneration, social security and pensions | 62 | €3,509,388 | €3,190,017 | -€319,371 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,005,706 | €1,844,372 | -€161,334 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €306,250 | +€306,250 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €130,101 | +€130,101 | |
| Other operating charges | 640/8 | €41,913 | €16,351 | -€25,562 | -61.0% |
| Non-recurring operating charges | 66A | - | €355,000 | +€355,000 | |
| Operating profit (loss) | 9901 | €5,484,797 | €8,956,603 | +€3.5m | +63.3% |
| Financial income | 75/76B | €127,638 | €1,040,175 | +€912,537 | +715% |
| Recurring financial income | 75 | €127,638 | €1,040,175 | +€912,537 | +715% |
| Income from current assets | 751 | - | €35,395 | +€35,395 | |
| Other financial income | 752/9 | €127,638 | €1,004,779 | +€877,141 | +687% |
| Financial charges | 65/66B | €749,896 | €1,201,708 | +€451,812 | +60.2% |
| Recurring financial charges | 65 | €749,896 | €1,201,708 | +€451,812 | +60.2% |
| Debt charges | 650 | €486,645 | €251,041 | -€235,604 | -48.4% |
| Other financial charges | 652/9 | €263,252 | €950,668 | +€687,416 | +261% |
| Profit (loss) for the period before taxes | 9903 | €4,862,539 | €8,795,070 | +€3.9m | +80.9% |
| Transfer from deferred taxes | 780 | €42,066 | €45,398 | +€3,332 | +7.9% |
| Income taxes | 67/77 | €1,302,836 | €2,279,584 | +€976,748 | +75.0% |
| Taxes | 670/3 | €1,302,836 | €2,279,584 | +€976,748 | +75.0% |
| Profit (loss) for the period | 9904 | €3,601,769 | €6,560,884 | +€3.0m | +82.2% |
| Transfer from tax-exempt reserves | 789 | €39,002 | €29,252 | -€9,751 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,640,772 | €6,590,136 | +€2.9m | +81.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.