ILJO: what changed
Two fiscal 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.
ILJO
Largest movements
- Cash -€60,410
down €60,410 (-74.6%), from €80,965 to €20,556
mainly Investment in fixed assets (net) (-€80,342) and Trade debts (-€37,639)
- Tangible fixed assets +€45,799
up €45,799 (+18.4%), from €248,360 to €294,160
of which Furniture and vehicles: +€60,155
- Receivables within one year +€33,210
up €33,210 (+16.9%), from €196,930 to €230,140
of which Trade receivables: +€21,318
- Other debts +€39,738
up €39,738 (+167.2%), from €23,772 to €63,510
- Reserves +€37,801
up €37,801 (+11.2%), from €338,101 to €375,902
of which Distributable reserves: +€39,661
- Trade debts -€37,639
down €37,639 (-90.8%), from €41,432 to €3,793
- Tax, wage and social debts -€20,063
down €20,063 (-85.6%), from €23,424 to €3,361
- Depreciation +€7,481
up €7,481 (+27.6%), from €27,062 to €34,543
- Gross operating margin +€3,101
up €3,101 (+3.2%), from €95,513 to €98,614
- Taxes -€2,692
down €2,692 (-13.2%), from €20,439 to €17,747
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 | €529,900 | €548,599 | +€18,699 | +3.5% |
| Fixed assets | 21/28 | €248,360 | €294,160 | +€45,799 | +18.4% |
| Tangible fixed assets | 22/27 | €248,360 | €294,160 | +€45,799 | +18.4% |
| Land and buildings | 22 | €211,526 | €208,450 | -€3,076 | -1.5% |
| Plant, machinery and equipment | 23 | €30,233 | €21,012 | -€9,221 | -30.5% |
| Furniture and vehicles | 24 | €2,924 | €63,078 | +€60,155 | +2057.6% |
| Leasing and similar rights | 25 | €3,677 | €1,619 | -€2,058 | -56.0% |
| Current assets | 29/58 | €281,539 | €254,439 | -€27,100 | -9.6% |
| Stocks and contracts in progress | 3 | €2,400 | €1,550 | -€850 | -35.4% |
| Stocks | 30/36 | €2,400 | €1,550 | -€850 | -35.4% |
| Amounts receivable within one year | 40/41 | €196,930 | €230,140 | +€33,210 | +16.9% |
| Trade receivables | 40 | €196,444 | €217,762 | +€21,318 | +10.9% |
| Other amounts receivable | 41 | €486 | €12,378 | +€11,892 | +2447.8% |
| Cash at bank and in hand | 54/58 | €80,965 | €20,556 | -€60,410 | -74.6% |
| Deferred charges and accrued income | 490/1 | €1,245 | €2,194 | +€950 | +76.3% |
| Total equity and liabilities | 10/49 | €529,900 | €548,599 | +€18,699 | +3.5% |
| Equity | 10/15 | €344,301 | €382,102 | +€37,801 | +11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €338,101 | €375,902 | +€37,801 | +11.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €336,241 | €375,902 | +€39,661 | +11.8% |
| Amounts payable | 17/49 | €185,599 | €166,497 | -€19,102 | -10.3% |
| Amounts payable after more than one year | 17 | €93,000 | €93,000 | = | 0.0% |
| Other amounts payable | 178/9 | €93,000 | €93,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,599 | €72,247 | -€20,352 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €3,970 | €1,582 | -€2,388 | -60.1% |
| Trade debts | 44 | €41,432 | €3,793 | -€37,639 | -90.8% |
| Suppliers | 440/4 | €41,432 | €3,793 | -€37,639 | -90.8% |
| Taxes, remuneration and social security | 45 | €23,424 | €3,361 | -€20,063 | -85.6% |
| Taxes | 450/3 | €23,424 | €3,361 | -€20,063 | -85.6% |
| Other amounts payable | 47/48 | €23,772 | €63,510 | +€39,738 | +167.2% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,062 | €34,543 | +€7,481 | +27.6% |
| Other operating charges | 640/8 | €1,316 | €1,557 | +€241 | +18.3% |
| Gross operating margin | 9900 | €95,513 | €98,614 | +€3,101 | +3.2% |
| Operating profit (loss) | 9901 | €67,135 | €62,514 | -€4,621 | -6.9% |
| Financial income | 75/76B | €497 | €403 | -€95 | -19.0% |
| Recurring financial income | 75 | €497 | €403 | -€95 | -19.0% |
| Financial charges | 65/66B | €6,781 | €7,369 | +€588 | +8.7% |
| Recurring financial charges | 65 | €6,781 | €7,369 | +€588 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €60,852 | €55,548 | -€5,304 | -8.7% |
| Income taxes | 67/77 | €20,439 | €17,747 | -€2,692 | -13.2% |
| Profit (loss) for the period | 9904 | €40,413 | €37,801 | -€2,612 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,413 | €37,801 | -€2,612 | -6.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.