ILJANA: 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.
ILJANA
Largest movements
- Cash +€151,048
up €151,048 (+208%), from €72,548 to €223,597
mainly Current investments (+€100,000) and Net result for the year (+€61,827)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€11,664
up €11,664 (+24.3%), from €48,007 to €59,672
of which Other amounts receivable: +€20,244
- Tangible fixed assets +€5,017
up €5,017 (+20.6%), from €24,318 to €29,334
of which Furniture and vehicles: +€10,782
- Reserves +€46,402
up €46,402 (+24.8%), from €187,256 to €233,659
- Trade debts +€31,534
up €31,534 (+201%), from €15,700 to €47,234
- Debts after one year -€5,885
down €5,885 (-34.4%), from €17,113 to €11,228
- Other debts -€4,492
down €4,492 (-21.4%), from €21,002 to €16,511
- Gross operating margin +€165,378
up €165,378, from -€41,609 to €123,769
- Other operating charges +€19,890
up €19,890 (+1,273%), from €1,562 to €21,452
- Taxes +€8,696
up €8,696 (+4,375%), from €199 to €8,895
- Financial income +€1,758
up €1,758 (+277%), from €634 to €2,393
- Financial charges +€1,274
up €1,274 (+71.0%), from €1,795 to €3,069
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 | €268,693 | €335,105 | +€66,412 | +24.7% |
| Fixed assets | 21/28 | €26,818 | €31,834 | +€5,017 | +18.7% |
| Tangible fixed assets | 22/27 | €24,318 | €29,334 | +€5,017 | +20.6% |
| Furniture and vehicles | 24 | €2,707 | €13,490 | +€10,782 | +398% |
| Leasing and similar rights | 25 | €21,610 | €15,845 | -€5,766 | -26.7% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €241,875 | €303,271 | +€61,396 | +25.4% |
| Stocks and contracts in progress | 3 | €18,656 | €17,865 | -€790 | -4.2% |
| Stocks | 30/36 | €18,656 | €17,865 | -€790 | -4.2% |
| Amounts receivable within one year | 40/41 | €48,007 | €59,672 | +€11,664 | +24.3% |
| Trade receivables | 40 | €41,686 | €33,107 | -€8,580 | -20.6% |
| Other amounts receivable | 41 | €6,321 | €26,565 | +€20,244 | +320% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €72,548 | €223,597 | +€151,048 | +208% |
| Deferred charges and accrued income | 490/1 | €2,663 | €2,137 | -€527 | -19.8% |
| Total equity and liabilities | 10/49 | €268,693 | €335,105 | +€66,412 | +24.7% |
| Equity | 10/15 | €199,656 | €246,059 | +€46,402 | +23.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €187,256 | €233,659 | +€46,402 | +24.8% |
| Distributable reserves | 133 | €187,256 | €233,659 | +€46,402 | +24.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €69,036 | €89,047 | +€20,010 | +29.0% |
| Amounts payable after more than one year | 17 | €17,113 | €11,228 | -€5,885 | -34.4% |
| Financial debts | 170/4 | €17,113 | €11,228 | -€5,885 | -34.4% |
| Amounts payable within one year | 42/48 | €51,924 | €76,733 | +€24,809 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €5,560 | €5,885 | +€324 | +5.8% |
| Financial debts | 43 | €810 | €217 | -€593 | -73.2% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €810 | €217 | -€593 | -73.2% |
| Trade debts | 44 | €15,700 | €47,234 | +€31,534 | +201% |
| Suppliers | 440/4 | €15,700 | €47,234 | +€31,534 | +201% |
| Taxes, remuneration and social security | 45 | €8,851 | €6,886 | -€1,965 | -22.2% |
| Taxes | 450/3 | €1,353 | €347 | -€1,007 | -74.4% |
| Remuneration and social security | 454/9 | €7,498 | €6,540 | -€958 | -12.8% |
| Other amounts payable | 47/48 | €21,002 | €16,511 | -€4,492 | -21.4% |
| Accrued charges and deferred income | 492/3 | - | €1,086 | +€1,086 | |
| Non-recurring operating income | 76A | €2,161 | €11,293 | +€9,132 | +423% |
| Remuneration, social security and pensions | 62 | €25,454 | €24,952 | -€502 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,027 | €5,966 | -€1,061 | -15.1% |
| Other operating charges | 640/8 | €1,562 | €21,452 | +€19,890 | +1,273% |
| Gross operating margin | 9900 | -€41,609 | €123,769 | +€165,378 | |
| Operating profit (loss) | 9901 | -€75,652 | €71,399 | +€147,051 | |
| Financial income | 75/76B | €634 | €2,393 | +€1,758 | +277% |
| Recurring financial income | 75 | €634 | €2,393 | +€1,758 | +277% |
| Financial charges | 65/66B | €1,795 | €3,069 | +€1,274 | +71.0% |
| Recurring financial charges | 65 | €1,795 | €3,069 | +€1,274 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | -€76,813 | €70,723 | +€147,535 | |
| Income taxes | 67/77 | €199 | €8,895 | +€8,696 | +4,375% |
| Profit (loss) for the period | 9904 | -€77,012 | €61,827 | +€138,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,012 | €61,827 | +€138,839 |
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 28 October 2026 via checked.be.