ILLICO RESTO: 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.
ILLICO RESTO
Largest movements
- Cash -€24,170
down €24,170 (-18.0%), from €134,572 to €110,402
mainly Trade debts (-€80,954) and Contributions, distributions and other (-€57,143)
- Intangible fixed assets -€16,500
down €16,500 (-12.8%), from €129,242 to €112,742
- Deferred charges and accrued income -€13,690
down €13,690 (-24.8%), from €55,101 to €41,411
- Stocks and contracts -€10,228
down €10,228 (-14.7%), from €69,750 to €59,522
- Receivables within one year -€10,031
down €10,031 (-11.6%), from €86,627 to €76,596
of which Other amounts receivable: -€10,999
- Trade debts -€80,954
down €80,954 (-57.4%), from €141,026 to €60,072
- Reserves +€35,000
up €35,000 (+29.4%), from €119,243 to €154,243
of which Distributable reserves: +€35,000
- Accrued charges and deferred income +€27,280
up €27,280 (+547%), from €4,989 to €32,269
- Profit (loss) carried forward -€25,379
down €25,379 (-37.2%), from €68,165 to €42,786
- Tax, wage and social debts -€19,918
down €19,918 (-20.7%), from €96,069 to €76,151
of which Remuneration and social security: -€21,297
- Gross operating margin +€274,408
up €274,408 (+29.1%), from €944,028 to €1.2m
- Staff costs +€265,712
up €265,712 (+34.3%), from €773,942 to €1.0m
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 | €590,845 | €525,960 | -€64,885 | -11.0% |
| Formation expenses | 20 | €504 | €206 | -€298 | -59.1% |
| Fixed assets | 21/28 | €244,291 | €237,823 | -€6,468 | -2.6% |
| Intangible fixed assets | 21 | €129,242 | €112,742 | -€16,500 | -12.8% |
| Tangible fixed assets | 22/27 | €108,347 | €118,249 | +€9,902 | +9.1% |
| Plant, machinery and equipment | 23 | €149 | €32 | -€117 | -78.5% |
| Furniture and vehicles | 24 | €78,782 | €110,457 | +€31,675 | +40.2% |
| Other tangible fixed assets | 26 | €29,416 | €7,760 | -€21,656 | -73.6% |
| Financial fixed assets | 28 | €6,702 | €6,832 | +€130 | +1.9% |
| Current assets | 29/58 | €346,050 | €287,931 | -€58,119 | -16.8% |
| Stocks and contracts in progress | 3 | €69,750 | €59,522 | -€10,228 | -14.7% |
| Stocks | 30/36 | €69,750 | €59,522 | -€10,228 | -14.7% |
| Amounts receivable within one year | 40/41 | €86,627 | €76,596 | -€10,031 | -11.6% |
| Trade receivables | 40 | €14,496 | €15,464 | +€968 | +6.7% |
| Other amounts receivable | 41 | €72,131 | €61,132 | -€10,999 | -15.2% |
| Cash at bank and in hand | 54/58 | €134,572 | €110,402 | -€24,170 | -18.0% |
| Deferred charges and accrued income | 490/1 | €55,101 | €41,411 | -€13,690 | -24.8% |
| Total equity and liabilities | 10/49 | €590,845 | €525,960 | -€64,885 | -11.0% |
| Equity | 10/15 | €191,669 | €201,290 | +€9,621 | +5.0% |
| Contributions | 10/11 | €4,261 | €4,261 | = | 0.0% |
| Reserves | 13 | €119,243 | €154,243 | +€35,000 | +29.4% |
| Non-distributable reserves | 130/1 | €853 | €853 | = | 0.0% |
| Reserves not available under the articles | 1311 | €853 | €853 | = | 0.0% |
| Distributable reserves | 133 | €118,390 | €153,390 | +€35,000 | +29.6% |
| Profit (loss) carried forward | 14 | €68,165 | €42,786 | -€25,379 | -37.2% |
| Amounts payable | 17/49 | €399,176 | €324,670 | -€74,506 | -18.7% |
| Amounts payable after more than one year | 17 | €102,941 | €92,554 | -€10,387 | -10.1% |
| Financial debts | 170/4 | €102,941 | €92,554 | -€10,387 | -10.1% |
| Amounts payable within one year | 42/48 | €291,246 | €199,847 | -€91,399 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €54,151 | €63,624 | +€9,473 | +17.5% |
| Trade debts | 44 | €141,026 | €60,072 | -€80,954 | -57.4% |
| Suppliers | 440/4 | €141,026 | €60,072 | -€80,954 | -57.4% |
| Taxes, remuneration and social security | 45 | €96,069 | €76,151 | -€19,918 | -20.7% |
| Taxes | 450/3 | €8,706 | €10,085 | +€1,379 | +15.8% |
| Remuneration and social security | 454/9 | €87,363 | €66,066 | -€21,297 | -24.4% |
| Accrued charges and deferred income | 492/3 | €4,989 | €32,269 | +€27,280 | +547% |
| Remuneration, social security and pensions | 62 | €773,942 | €1,039,654 | +€265,712 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,364 | €52,946 | +€1,582 | +3.1% |
| Other operating charges | 640/8 | €1,876 | €12,737 | +€10,861 | +579% |
| Gross operating margin | 9900 | €944,028 | €1,218,436 | +€274,408 | +29.1% |
| Operating profit (loss) | 9901 | €116,846 | €113,099 | -€3,747 | -3.2% |
| Financial income | 75/76B | €246 | €507 | +€261 | +106% |
| Recurring financial income | 75 | €246 | €507 | +€261 | +106% |
| Financial charges | 65/66B | €20,939 | €15,190 | -€5,749 | -27.5% |
| Recurring financial charges | 65 | €20,939 | €15,190 | -€5,749 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €96,153 | €98,416 | +€2,263 | +2.4% |
| Income taxes | 67/77 | €32,322 | €31,652 | -€670 | -2.1% |
| Profit (loss) for the period | 9904 | €63,831 | €66,764 | +€2,933 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,831 | €66,764 | +€2,933 | +4.6% |
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 26 October 2026 via checked.be.