ILMI: 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.
ILMI
Largest movements
- Cash +€28,616
up €28,616 (+536.5%), from €5,334 to €33,950
mainly Net result for the year (+€23,430) and Depreciation (+€15,097)
- Tangible fixed assets -€24,232
down €24,232 (-54.9%), from €44,156 to €19,924
of which Furniture and vehicles: -€23,832
- Receivables within one year +€13,940
up €13,940 (+12.3%), from €113,608 to €127,547
of which Trade receivables: +€18,402
- Debts after one year -€28,173
down €28,173 (-37.1%), from €75,855 to €47,682
- Profit (loss) carried forward +€23,430
up €23,430 (+206.4%), from €11,354 to €34,784
- Current portion of long-term debt +€9,508
up €9,508 (+25.4%), from €37,406 to €46,913
- Tax, wage and social debts +€8,876
up €8,876 (+284.1%), from €3,124 to €12,000
of which Remuneration and social security: +€5,444
- Trade debts +€4,532
up €4,532 (+13.4%), from €33,771 to €38,304
- Gross operating margin +€50,605
up €50,605 (+173.2%), from €29,215 to €79,820
- Staff costs +€31,305
up €31,305 (+438.1%), from €7,145 to €38,450
- Other operating charges -€5,036
down €5,036 (-67.3%), from €7,482 to €2,446
- Taxes -€5,000
no longer reported in 2025 (was €5,000)
- Financial charges -€4,921
down €4,921 (-84.6%), from €5,818 to €897
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.
Cash bridge derived
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 | €163,510 | €181,683 | +€18,173 | +11.1% |
| Formation expenses | 20 | €300 | €150 | -€150 | -50.0% |
| Fixed assets | 21/28 | €44,268 | €20,036 | -€24,232 | -54.7% |
| Tangible fixed assets | 22/27 | €44,156 | €19,924 | -€24,232 | -54.9% |
| Plant, machinery and equipment | 23 | €800 | €400 | -€400 | -50.0% |
| Furniture and vehicles | 24 | €43,356 | €19,524 | -€23,832 | -55.0% |
| Financial fixed assets | 28 | €113 | €113 | = | 0.0% |
| Current assets | 29/58 | €118,941 | €161,497 | +€42,556 | +35.8% |
| Amounts receivable within one year | 40/41 | €113,608 | €127,547 | +€13,940 | +12.3% |
| Trade receivables | 40 | €40,202 | €58,603 | +€18,402 | +45.8% |
| Other amounts receivable | 41 | €73,406 | €68,944 | -€4,462 | -6.1% |
| Cash at bank and in hand | 54/58 | €5,334 | €33,950 | +€28,616 | +536.5% |
| Total equity and liabilities | 10/49 | €163,510 | €181,683 | +€18,173 | +11.1% |
| Equity | 10/15 | €13,354 | €36,784 | +€23,430 | +175.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,354 | €34,784 | +€23,430 | +206.4% |
| Amounts payable | 17/49 | €150,156 | €144,900 | -€5,256 | -3.5% |
| Amounts payable after more than one year | 17 | €75,855 | €47,682 | -€28,173 | -37.1% |
| Financial debts | 170/4 | €75,855 | €47,682 | -€28,173 | -37.1% |
| Amounts payable within one year | 42/48 | €74,301 | €97,217 | +€22,916 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €37,406 | €46,913 | +€9,508 | +25.4% |
| Trade debts | 44 | €33,771 | €38,304 | +€4,532 | +13.4% |
| Suppliers | 440/4 | €33,771 | €38,304 | +€4,532 | +13.4% |
| Taxes, remuneration and social security | 45 | €3,124 | €12,000 | +€8,876 | +284.1% |
| Taxes | 450/3 | €2,281 | €5,713 | +€3,432 | +150.5% |
| Remuneration and social security | 454/9 | €843 | €6,287 | +€5,444 | +646.0% |
| Remuneration, social security and pensions | 62 | €7,145 | €38,450 | +€31,305 | +438.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,254 | €15,097 | +€843 | +5.9% |
| Other operating charges | 640/8 | €7,482 | €2,446 | -€5,036 | -67.3% |
| Gross operating margin | 9900 | €29,215 | €79,820 | +€50,605 | +173.2% |
| Operating profit (loss) | 9901 | €334 | €23,827 | +€23,493 | +7036.5% |
| Financial income | 75/76B | - | €500 | +€500 | |
| Recurring financial income | 75 | - | €500 | +€500 | |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €5,818 | €897 | -€4,921 | -84.6% |
| Recurring financial charges | 65 | €5,818 | €897 | -€4,921 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,485 | €23,430 | +€28,914 | |
| Income taxes | 67/77 | €5,000 | - | -€5,000 | |
| Profit (loss) for the period | 9904 | -€10,485 | €23,430 | +€33,914 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,485 | €23,430 | +€33,914 |
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 4 October 2026 via checked.be.