ILLUFRER: 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.
ILLUFRER
Largest movements
- Receivables after one year +€84,864
new in 2025: €84,864
- Current investments +€54,389
new in 2025: €54,389
- Receivables within one year -€50,806
down €50,806 (-60.4%), from €84,136 to €33,330
of which Other amounts receivable: -€50,388
- Cash +€29,112
up €29,112 (+317%), from €9,191 to €38,303
mainly Net result for the year (+€72,507) and Other debts (+€53,927)
- Tangible fixed assets -€14,783
down €14,783 (-3.1%), from €479,384 to €464,601
of which Plant, machinery and equipment: -€7,428
- Reserves +€61,620
up €61,620 (+60.7%), from €101,540 to €163,160
of which Non-distributable reserves: +€54,389
- Other debts +€53,927
up €53,927 (+2,654%), from €2,032 to €55,959
- Trade debts -€21,869
down €21,869 (-89.2%), from €24,524 to €2,655
- Contributions +€13,000
up €13,000 (+3.0%), from €437,000 to €450,000
- Turnover -€69,137
down €69,137 (-28.8%), from €240,034 to €170,897
- Financial income +€58,384
up €58,384 (+1,117%), from €5,225 to €63,609
of which Non-recurring financial income: +€61,795
- Purchases and services -€57,268
down €57,268 (-26.7%), from €214,441 to €157,173
- Other operating charges +€3,536
up €3,536 (+84.3%), from €4,194 to €7,730
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 | €574,961 | €675,486 | +€100,525 | +17.5% |
| Fixed assets | 21/28 | €481,634 | €464,601 | -€17,033 | -3.5% |
| Intangible fixed assets | 21 | €2,250 | - | -€2,250 | |
| Tangible fixed assets | 22/27 | €479,384 | €464,601 | -€14,783 | -3.1% |
| Land and buildings | 22 | €445,678 | €438,682 | -€6,996 | -1.6% |
| Plant, machinery and equipment | 23 | €19,346 | €11,919 | -€7,428 | -38.4% |
| Furniture and vehicles | 24 | €360 | - | -€360 | |
| Other tangible fixed assets | 26 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €93,327 | €210,886 | +€117,559 | +126% |
| Amounts receivable after more than one year | 29 | - | €84,864 | +€84,864 | |
| Other amounts receivable | 291 | - | €84,864 | +€84,864 | |
| Amounts receivable within one year | 40/41 | €84,136 | €33,330 | -€50,806 | -60.4% |
| Trade receivables | 40 | €5,806 | €5,388 | -€419 | -7.2% |
| Other amounts receivable | 41 | €78,330 | €27,942 | -€50,388 | -64.3% |
| Current investments | 50/53 | - | €54,389 | +€54,389 | |
| Cash at bank and in hand | 54/58 | €9,191 | €38,303 | +€29,112 | +317% |
| Total equity and liabilities | 10/49 | €574,961 | €675,486 | +€100,525 | +17.5% |
| Equity | 10/15 | €541,114 | €613,160 | +€72,047 | +13.3% |
| Contributions | 10/11 | €437,000 | €450,000 | +€13,000 | +3.0% |
| Capital | 10 | €437,000 | €450,000 | +€13,000 | +3.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Uncalled capital | 101 | €13,000 | - | -€13,000 | |
| Reserves | 13 | €101,540 | €163,160 | +€61,620 | +60.7% |
| Non-distributable reserves | 130/1 | €45,000 | €99,389 | +€54,389 | +121% |
| Reserves not available under the articles | 1311 | €45,000 | €45,000 | = | 0.0% |
| Own shares acquired | 1312 | - | €54,389 | +€54,389 | |
| Distributable reserves | 133 | €56,540 | €63,771 | +€7,231 | +12.8% |
| Profit (loss) carried forward | 14 | €2,573 | - | -€2,573 | |
| Amounts payable | 17/49 | €33,848 | €62,326 | +€28,478 | +84.1% |
| Amounts payable within one year | 42/48 | €33,848 | €62,326 | +€28,478 | +84.1% |
| Current portion of amounts payable after more than one year | 42 | €5,005 | - | -€5,005 | |
| Trade debts | 44 | €24,524 | €2,655 | -€21,869 | -89.2% |
| Suppliers | 440/4 | €24,524 | €2,655 | -€21,869 | -89.2% |
| Taxes, remuneration and social security | 45 | €2,287 | €3,713 | +€1,426 | +62.3% |
| Taxes | 450/3 | €2,287 | €3,713 | +€1,426 | +62.3% |
| Other amounts payable | 47/48 | €2,032 | €55,959 | +€53,927 | +2,654% |
| Turnover | 70 | €240,034 | €170,897 | -€69,137 | -28.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €214,441 | €157,173 | -€57,268 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,329 | €9,477 | -€1,852 | -16.3% |
| Other operating charges | 640/8 | €4,194 | €7,730 | +€3,536 | +84.3% |
| Gross operating margin | 9900 | €32,490 | €33,538 | +€1,048 | +3.2% |
| Operating profit (loss) | 9901 | €16,967 | €16,330 | -€636 | -3.7% |
| Financial income | 75/76B | €5,225 | €63,609 | +€58,384 | +1,117% |
| Recurring financial income | 75 | €5,225 | €1,814 | -€3,411 | -65.3% |
| Non-recurring financial income | 76B | - | €61,795 | +€61,795 | |
| Financial charges | 65/66B | €1,246 | €1,949 | +€703 | +56.5% |
| Recurring financial charges | 65 | €1,246 | €1,949 | +€703 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €20,946 | €77,991 | +€57,045 | +272% |
| Income taxes | 67/77 | €4,578 | €5,484 | +€907 | +19.8% |
| Profit (loss) for the period | 9904 | €16,369 | €72,507 | +€56,138 | +343% |
| Profit (loss) for the period to be appropriated | 9905 | €16,369 | €72,507 | +€56,138 | +343% |
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 23 October 2026 via checked.be.