Ilmaco: 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.
Ilmaco
Largest movements
- Receivables within one year +€8,679
up €8,679 (+11.0%), from €78,984 to €87,663
of which Trade receivables: +€8,807
- Tangible fixed assets -€4,258
no longer reported in 2025 (was €4,258)
- Contributions +€150,000
up €150,000 (+30,000%), from €500 to €150,500
- Other debts -€129,158
down €129,158 (-28.9%), from €446,538 to €317,380
- Accrued charges and deferred income -€44,633
no longer reported in 2025 (was €44,633)
- Profit (loss) carried forward +€28,552
up €28,552 (+15.1%), from -€188,850 to -€160,298
- Gross operating margin +€126,340
up €126,340, from -€19,821 to €106,519
- Depreciation +€61,468
up €61,468 (+724%), from €8,493 to €69,961
- Financial charges +€4,309
up €4,309 (+1,022%), from €422 to €4,730
- Other operating charges +€3,545
new in 2025: €3,545
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 | €397,970 | €402,390 | +€4,420 | +1.1% |
| Fixed assets | 21/28 | €304,116 | €302,635 | -€1,481 | -0.5% |
| Intangible fixed assets | 21 | €299,833 | €302,610 | +€2,777 | +0.9% |
| Tangible fixed assets | 22/27 | €4,258 | - | -€4,258 | |
| Furniture and vehicles | 24 | €4,258 | - | -€4,258 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €93,854 | €99,756 | +€5,901 | +6.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €78,984 | €87,663 | +€8,679 | +11.0% |
| Trade receivables | 40 | €3,290 | €12,097 | +€8,807 | +268% |
| Other amounts receivable | 41 | €75,694 | €75,566 | -€128 | -0.2% |
| Cash at bank and in hand | 54/58 | €14,870 | €11,257 | -€3,613 | -24.3% |
| Deferred charges and accrued income | 490/1 | - | €835 | +€835 | |
| Total equity and liabilities | 10/49 | €397,970 | €402,390 | +€4,420 | +1.1% |
| Equity | 10/15 | -€108,491 | €70,061 | +€178,552 | |
| Contributions | 10/11 | €500 | €150,500 | +€150,000 | +30,000% |
| Reserves | 13 | €79,859 | €79,859 | = | 0.0% |
| Distributable reserves | 133 | €79,859 | €79,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,850 | -€160,298 | +€28,552 | +15.1% |
| Amounts payable | 17/49 | €506,461 | €332,329 | -€174,132 | -34.4% |
| Amounts payable within one year | 42/48 | €461,828 | €332,329 | -€129,498 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €13,896 | €13,735 | -€161 | -1.2% |
| Suppliers | 440/4 | €13,896 | €13,735 | -€161 | -1.2% |
| Taxes, remuneration and social security | 45 | €1,394 | €1,214 | -€179 | -12.9% |
| Taxes | 450/3 | €1,394 | €1,214 | -€179 | -12.9% |
| Other amounts payable | 47/48 | €446,538 | €317,380 | -€129,158 | -28.9% |
| Accrued charges and deferred income | 492/3 | €44,633 | - | -€44,633 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,493 | €69,961 | +€61,468 | +724% |
| Other operating charges | 640/8 | - | €3,545 | +€3,545 | |
| Gross operating margin | 9900 | -€19,821 | €106,519 | +€126,340 | |
| Operating profit (loss) | 9901 | -€28,314 | €33,013 | +€61,327 | |
| Financial income | 75/76B | - | €557 | +€557 | |
| Recurring financial income | 75 | - | €557 | +€557 | |
| Financial charges | 65/66B | €422 | €4,730 | +€4,309 | +1,022% |
| Recurring financial charges | 65 | €422 | €4,730 | +€4,309 | +1,022% |
| Profit (loss) for the period before taxes | 9903 | -€28,735 | €28,840 | +€57,575 | |
| Income taxes | 67/77 | - | €288 | +€288 | |
| Profit (loss) for the period | 9904 | -€28,735 | €28,552 | +€57,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,735 | €28,552 | +€57,287 |
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 25 October 2026 via checked.be.