ILINIX: 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.
ILINIX
Largest movements
- Cash -€176,725
down €176,725 (-72.5%), from €243,682 to €66,957
mainly Contributions, distributions and other (-€315,000) and Tax, wage and social debts (-€32,045)
- Receivables within one year +€5,325
up €5,325 (+34.2%), from €15,568 to €20,893
of which Trade receivables: +€5,844
- Deferred charges and accrued income -€3,237
down €3,237 (-50.0%), from €6,470 to €3,233
- Tangible fixed assets -€2,911
down €2,911 (-28.7%), from €10,134 to €7,223
of which Plant, machinery and equipment: -€2,370
- Profit (loss) carried forward -€229,500
down €229,500 (-99.5%), from €230,681 to €1,181
- Other debts +€85,380
new in 2025: €85,380
- Tax, wage and social debts -€32,045
down €32,045 (-78.9%), from €40,637 to €8,592
- Gross operating margin -€31,191
down €31,191 (-21.1%), from €148,033 to €116,842
- Taxes -€8,664
down €8,664 (-25.5%), from €34,008 to €25,344
- Financial income -€4,824
down €4,824 (-95.1%), from €5,075 to €251
- Depreciation +€1,601
up €1,601 (+122.2%), from €1,310 to €2,911
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 | €275,854 | €98,306 | -€177,548 | -64.4% |
| Fixed assets | 21/28 | €10,134 | €7,223 | -€2,911 | -28.7% |
| Tangible fixed assets | 22/27 | €10,134 | €7,223 | -€2,911 | -28.7% |
| Plant, machinery and equipment | 23 | €8,989 | €6,619 | -€2,370 | -26.4% |
| Furniture and vehicles | 24 | €1,145 | €604 | -€541 | -47.2% |
| Current assets | 29/58 | €265,720 | €91,083 | -€174,637 | -65.7% |
| Amounts receivable within one year | 40/41 | €15,568 | €20,893 | +€5,325 | +34.2% |
| Trade receivables | 40 | €15,049 | €20,893 | +€5,844 | +38.8% |
| Other amounts receivable | 41 | €519 | €0 | -€519 | -100.0% |
| Cash at bank and in hand | 54/58 | €243,682 | €66,957 | -€176,725 | -72.5% |
| Deferred charges and accrued income | 490/1 | €6,470 | €3,233 | -€3,237 | -50.0% |
| Total equity and liabilities | 10/49 | €275,854 | €98,306 | -€177,548 | -64.4% |
| Equity | 10/15 | €233,681 | €4,181 | -€229,500 | -98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,681 | €1,181 | -€229,500 | -99.5% |
| Amounts payable | 17/49 | €42,173 | €94,125 | +€51,952 | +123.2% |
| Amounts payable within one year | 42/48 | €42,173 | €94,125 | +€51,952 | +123.2% |
| Trade debts | 44 | €1,536 | €153 | -€1,383 | -90.0% |
| Suppliers | 440/4 | €1,536 | €153 | -€1,383 | -90.0% |
| Taxes, remuneration and social security | 45 | €40,637 | €8,592 | -€32,045 | -78.9% |
| Taxes | 450/3 | €40,637 | €8,592 | -€32,045 | -78.9% |
| Other amounts payable | 47/48 | - | €85,380 | +€85,380 | |
| Remuneration, social security and pensions | 62 | - | €1,320 | +€1,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,310 | €2,911 | +€1,601 | +122.2% |
| Other operating charges | 640/8 | €1,323 | €1,556 | +€233 | +17.6% |
| Gross operating margin | 9900 | €148,033 | €116,842 | -€31,191 | -21.1% |
| Operating profit (loss) | 9901 | €145,400 | €111,055 | -€34,345 | -23.6% |
| Financial income | 75/76B | €5,075 | €251 | -€4,824 | -95.1% |
| Recurring financial income | 75 | €5,075 | €251 | -€4,824 | -95.1% |
| Financial charges | 65/66B | €1,413 | €462 | -€951 | -67.3% |
| Recurring financial charges | 65 | €1,413 | €462 | -€951 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €149,062 | €110,844 | -€38,218 | -25.6% |
| Income taxes | 67/77 | €34,008 | €25,344 | -€8,664 | -25.5% |
| Profit (loss) for the period | 9904 | €115,054 | €85,500 | -€29,554 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,054 | €85,500 | -€29,554 | -25.7% |
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.