ILIRIAN & Co: 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.
ILIRIAN & Co
Largest movements
- Receivables within one year -€36,762
down €36,762 (-46.1%), from €79,779 to €43,017
of which Trade receivables: -€36,177
- Tangible fixed assets -€26,843
down €26,843 (-34.6%), from €77,482 to €50,638
of which Furniture and vehicles: -€15,120
- Cash -€17,197
down €17,197 (-45.0%), from €38,181 to €20,984
mainly Advances received (-€48,157) and Net result for the year (-€16,273)
- Advances received -€48,157
no longer reported in 2025 (was €48,157)
- Profit (loss) carried forward -€16,273
down €16,273 (-25.6%), from €63,631 to €47,358
- Trade debts -€10,665
no longer reported in 2025 (was €10,665)
- Current portion of long-term debt -€8,172
down €8,172 (-74.9%), from €10,917 to €2,745
- Other debts +€7,289
new in 2025: €7,289
- Depreciation -€13,383
down €13,383 (-50.7%), from €26,371 to €12,988
- Gross operating margin +€5,137
up €5,137, from -€139 to €4,998
- Write-downs +€4,314
no longer reported in 2025 (was -€4,314)
- Other operating charges -€432
down €432 (-37.1%), from €1,167 to €735
- Financial charges +€378
up €378 (+23.2%), from €1,630 to €2,008
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 | €198,319 | €116,772 | -€81,547 | -41.1% |
| Fixed assets | 21/28 | €79,596 | €52,752 | -€26,843 | -33.7% |
| Tangible fixed assets | 22/27 | €77,482 | €50,638 | -€26,843 | -34.6% |
| Land and buildings | 22 | €44,793 | €38,685 | -€6,108 | -13.6% |
| Plant, machinery and equipment | 23 | €4,778 | €2,695 | -€2,082 | -43.6% |
| Furniture and vehicles | 24 | €15,419 | €298 | -€15,120 | -98.1% |
| Other tangible fixed assets | 26 | €12,493 | €8,960 | -€3,533 | -28.3% |
| Financial fixed assets | 28 | €2,114 | €2,114 | = | 0.0% |
| Current assets | 29/58 | €118,723 | €64,020 | -€54,703 | -46.1% |
| Amounts receivable within one year | 40/41 | €79,779 | €43,017 | -€36,762 | -46.1% |
| Trade receivables | 40 | €78,967 | €42,790 | -€36,177 | -45.8% |
| Other amounts receivable | 41 | €812 | €227 | -€585 | -72.1% |
| Current investments | 50/53 | €161 | €2 | -€159 | -98.6% |
| Cash at bank and in hand | 54/58 | €38,181 | €20,984 | -€17,197 | -45.0% |
| Deferred charges and accrued income | 490/1 | €601 | €16 | -€585 | -97.3% |
| Total equity and liabilities | 10/49 | €198,319 | €116,772 | -€81,547 | -41.1% |
| Equity | 10/15 | €121,816 | €105,543 | -€16,273 | -13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,985 | €51,985 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,125 | €35,125 | = | 0.0% |
| Distributable reserves | 133 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,631 | €47,358 | -€16,273 | -25.6% |
| Amounts payable | 17/49 | €76,503 | €11,229 | -€65,274 | -85.3% |
| Amounts payable after more than one year | 17 | €2,745 | - | -€2,745 | |
| Financial debts | 170/4 | €2,745 | - | -€2,745 | |
| Amounts payable within one year | 42/48 | €73,758 | €11,229 | -€62,529 | -84.8% |
| Current portion of amounts payable after more than one year | 42 | €10,917 | €2,745 | -€8,172 | -74.9% |
| Trade debts | 44 | €10,665 | - | -€10,665 | |
| Suppliers | 440/4 | €10,665 | - | -€10,665 | |
| Advances received on contracts in progress | 46 | €48,157 | - | -€48,157 | |
| Taxes, remuneration and social security | 45 | €4,020 | €1,196 | -€2,824 | -70.3% |
| Taxes | 450/3 | €4,020 | €1,196 | -€2,824 | -70.3% |
| Other amounts payable | 47/48 | - | €7,289 | +€7,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,371 | €12,988 | -€13,383 | -50.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,314 | - | +€4,314 | |
| Other operating charges | 640/8 | €1,167 | €735 | -€432 | -37.1% |
| Non-recurring operating charges | 66A | €1,313 | €5,590 | +€4,278 | +326% |
| Gross operating margin | 9900 | -€139 | €4,998 | +€5,137 | |
| Operating profit (loss) | 9901 | -€24,675 | -€14,315 | +€10,360 | +42.0% |
| Financial income | 75/76B | €109 | €195 | +€86 | +79.2% |
| Recurring financial income | 75 | €109 | €195 | +€86 | +79.2% |
| Financial charges | 65/66B | €1,630 | €2,008 | +€378 | +23.2% |
| Recurring financial charges | 65 | €1,630 | €2,008 | +€378 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,197 | -€16,128 | +€10,068 | +38.4% |
| Income taxes | 67/77 | €182 | €145 | -€38 | -20.7% |
| Profit (loss) for the period | 9904 | -€26,379 | -€16,273 | +€10,106 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,379 | -€16,273 | +€10,106 | +38.3% |
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 31 October 2026 via checked.be.