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ILMA: 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.

What changed

ILMA

BE 0845.508.517
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€31,817
2024 · €27,683+€4,134
Equity
€92,972
2024 · €91,155+€1,817
Cash
€88,028
2024 · €70,950+€17,078
Balance sheet total
€317,975
2024 · €311,123+€6,852

Largest movements

2024 to 2025
Assets
  • Cash +€17,078

    up €17,078 (+24.1%), from €70,950 to €88,028

    mainly Net result for the year (+€31,817) and Other debts (+€25,958)

  • Tangible fixed assets -€10,237

    down €10,237 (-4.3%), from €239,619 to €229,383

    of which Land and buildings: -€9,832

Equity and liabilities
  • Other debts +€25,958

    up €25,958 (+468.4%), from €5,542 to €31,500

  • Debts after one year -€20,162

    down €20,162 (-11.1%), from €182,321 to €162,159

    of which Financial debts: -€20,162

  • Tax, wage and social debts -€9,701

    down €9,701 (-92.2%), from €10,525 to €824

  • Trade debts +€7,981

    up €7,981 (+335.8%), from €2,377 to €10,358

Income statement
  • Other operating charges -€3,128

    down €3,128 (-88.7%), from €3,528 to €400

  • Financial charges -€927

    down €927 (-9.4%), from €9,832 to €8,905

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,683
Gross operating margin +€168
Other operating charges +€3,128
Financial income +€55
Financial charges +€927
Taxes -€144
Result 2025 €31,817

Cash bridge derived

cash 2024 to 2025

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.

From operations +€66,281
Investment €0
Financing -€49,203
Cash 2024 €70,950
Net result for the year +€31,817
Depreciation +€10,237
Receivables within one year -€514
Deferred charges and accrued income +€504
Trade debts +€7,981
Tax, wage and social debts -€9,701
Other debts +€25,958
Debts after one year -€20,162
Current portion of long-term debt +€958
Contributions, distributions and other -€30,000
Cash 2025 €88,028
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €311,123 €317,975 +€6,852 +2.2%
Fixed assets 21/28 €239,669 €229,433 -€10,237 -4.3%
Tangible fixed assets 22/27 €239,619 €229,383 -€10,237 -4.3%
Land and buildings 22 €238,852 €229,020 -€9,832 -4.1%
Furniture and vehicles 24 €768 €363 -€405 -52.7%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €71,454 €88,542 +€17,088 +23.9%
Amounts receivable within one year 40/41 - €514 +€514
Other amounts receivable 41 - €514 +€514
Cash at bank and in hand 54/58 €70,950 €88,028 +€17,078 +24.1%
Deferred charges and accrued income 490/1 €504 €0 -€504 -100.0%
Total equity and liabilities 10/49 €311,123 €317,975 +€6,852 +2.2%
Equity 10/15 €91,155 €92,972 +€1,817 +2.0%
Contributions 10/11 €22,000 €22,000 = 0.0%
Outside capital 11 €22,000 - -€22,000
Other 1109/19 €22,000 - -€22,000
Profit (loss) carried forward 14 €69,155 €70,972 +€1,817 +2.6%
Amounts payable 17/49 €219,969 €225,003 +€5,035 +2.3%
Amounts payable after more than one year 17 €182,321 €162,159 -€20,162 -11.1%
Financial debts 170/4 €166,421 €146,259 -€20,162 -12.1%
Other amounts payable 178/9 €15,900 €15,900 = 0.0%
Amounts payable within one year 42/48 €37,647 €62,844 +€25,196 +66.9%
Current portion of amounts payable after more than one year 42 €19,203 €20,162 +€958 +5.0%
Trade debts 44 €2,377 €10,358 +€7,981 +335.8%
Suppliers 440/4 €2,377 €10,358 +€7,981 +335.8%
Taxes, remuneration and social security 45 €10,525 €824 -€9,701 -92.2%
Taxes 450/3 €10,525 €824 -€9,701 -92.2%
Other amounts payable 47/48 €5,542 €31,500 +€25,958 +468.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,237 €10,237 = 0.0%
Other operating charges 640/8 €3,528 €400 -€3,128 -88.7%
Gross operating margin 9900 €61,360 €61,528 +€168 +0.3%
Operating profit (loss) 9901 €47,596 €50,892 +€3,296 +6.9%
Financial income 75/76B €635 €690 +€55 +8.7%
Recurring financial income 75 €635 €690 +€55 +8.7%
Financial charges 65/66B €9,832 €8,905 -€927 -9.4%
Recurring financial charges 65 €9,832 €8,905 -€927 -9.4%
Profit (loss) for the period before taxes 9903 €38,399 €42,677 +€4,278 +11.1%
Income taxes 67/77 €10,716 €10,859 +€144 +1.3%
Profit (loss) for the period 9904 €27,683 €31,817 +€4,134 +14.9%
Profit (loss) for the period to be appropriated 9905 €27,683 €31,817 +€4,134 +14.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.