ILKO: 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.
ILKO
Largest movements
- Receivables within one year +€32,347
up €32,347 (+62.3%), from €51,897 to €84,244
- Cash +€28,219
up €28,219 (+350%), from €8,066 to €36,285
mainly Other debts (+€46,856) and Depreciation (+€25,809)
- Tangible fixed assets -€25,809
down €25,809 (-3.8%), from €683,032 to €657,223
of which Land and buildings: -€22,805
- Other debts +€46,856
up €46,856 (+6.1%), from €772,754 to €819,610
- Staff costs -€15,753
down €15,753 (-24.4%), from €64,552 to €48,798
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 | €2,140,439 | €2,196,693 | +€56,254 | +2.6% |
| Fixed assets | 21/28 | €2,060,477 | €2,034,668 | -€25,809 | -1.3% |
| Tangible fixed assets | 22/27 | €683,032 | €657,223 | -€25,809 | -3.8% |
| Land and buildings | 22 | €677,578 | €654,773 | -€22,805 | -3.4% |
| Plant, machinery and equipment | 23 | €2,666 | €1,027 | -€1,639 | -61.5% |
| Furniture and vehicles | 24 | €2,787 | €1,422 | -€1,365 | -49.0% |
| Financial fixed assets | 28 | €1,377,445 | €1,377,445 | = | 0.0% |
| Current assets | 29/58 | €79,963 | €162,025 | +€82,062 | +103% |
| Stocks and contracts in progress | 3 | €20,000 | €41,496 | +€21,496 | +107% |
| Contracts in progress | 37 | €20,000 | €41,496 | +€21,496 | +107% |
| Amounts receivable within one year | 40/41 | €51,897 | €84,244 | +€32,347 | +62.3% |
| Trade receivables | 40 | €51,897 | €84,244 | +€32,347 | +62.3% |
| Cash at bank and in hand | 54/58 | €8,066 | €36,285 | +€28,219 | +350% |
| Total equity and liabilities | 10/49 | €2,140,439 | €2,196,693 | +€56,254 | +2.6% |
| Equity | 10/15 | €920,689 | €931,276 | +€10,587 | +1.1% |
| Contributions | 10/11 | €1,237,320 | €1,237,320 | = | 0.0% |
| Reserves | 13 | €16,932 | €16,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,072 | €15,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€333,564 | -€322,976 | +€10,587 | +3.2% |
| Amounts payable | 17/49 | €1,219,751 | €1,265,417 | +€45,666 | +3.7% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €868,401 | €915,417 | +€47,016 | +5.4% |
| Trade debts | 44 | €89,684 | €87,868 | -€1,816 | -2.0% |
| Suppliers | 440/4 | €89,684 | €87,868 | -€1,816 | -2.0% |
| Taxes, remuneration and social security | 45 | €5,963 | €7,938 | +€1,976 | +33.1% |
| Taxes | 450/3 | €3,946 | €7,938 | +€3,992 | +101% |
| Remuneration and social security | 454/9 | €2,016 | - | -€2,016 | |
| Other amounts payable | 47/48 | €772,754 | €819,610 | +€46,856 | +6.1% |
| Accrued charges and deferred income | 492/3 | €1,350 | - | -€1,350 | |
| Remuneration, social security and pensions | 62 | €64,552 | €48,798 | -€15,753 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,223 | €25,809 | -€414 | -1.6% |
| Other operating charges | 640/8 | €8,792 | €8,752 | -€39 | -0.4% |
| Gross operating margin | 9900 | €93,452 | €94,320 | +€868 | +0.9% |
| Operating profit (loss) | 9901 | -€6,115 | €10,960 | +€17,075 | |
| Financial charges | 65/66B | €83 | €198 | +€115 | +138% |
| Recurring financial charges | 65 | €83 | €198 | +€115 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€6,198 | €10,762 | +€16,960 | |
| Income taxes | 67/77 | €314 | €174 | -€139 | -44.4% |
| Profit (loss) for the period | 9904 | -€6,512 | €10,587 | +€17,099 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,512 | €10,587 | +€17,099 |
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 14 October 2026 via checked.be.