Ilnelovix: 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.
Ilnelovix
Largest movements
- Cash -€628,264
down €628,264 (-35.6%), from €1.8m to €1.1m
mainly Contributions, distributions and other (-€1.3m) and Tax, wage and social debts (-€55,231)
- Intangible fixed assets -€31,000
down €31,000 (-48.7%), from €63,614 to €32,614
- Tangible fixed assets -€27,212
down €27,212 (-17.6%), from €154,359 to €127,147
of which Furniture and vehicles: -€21,909
- Current investments +€24,000
up €24,000 (+22.0%), from €109,000 to €132,999
- Reserves -€606,000
down €606,000 (-43.7%), from €1.4m to €780,360
- Tax, wage and social debts -€55,231
down €55,231 (-63.4%), from €87,119 to €31,889
of which Taxes: -€53,585
- Other debts +€44,140
up €44,140 (+8.2%), from €539,123 to €583,263
- Debts after one year -€26,000
down €26,000 (-85.7%), from €30,334 to €4,334
- Gross operating margin +€115,811
up €115,811 (+11.9%), from €975,686 to €1.1m
- Financial income -€37,645
down €37,645 (-99.1%), from €38,000 to €355
- Taxes +€23,389
up €23,389 (+11.3%), from €207,261 to €230,650
- Staff costs -€13,101
down €13,101 (-13.1%), from €100,174 to €87,074
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 | €2,150,918 | €1,491,560 | -€659,358 | -30.7% |
| Fixed assets | 21/28 | €217,973 | €159,761 | -€58,212 | -26.7% |
| Intangible fixed assets | 21 | €63,614 | €32,614 | -€31,000 | -48.7% |
| Tangible fixed assets | 22/27 | €154,359 | €127,147 | -€27,212 | -17.6% |
| Plant, machinery and equipment | 23 | €49,183 | €47,745 | -€1,438 | -2.9% |
| Furniture and vehicles | 24 | €88,794 | €66,884 | -€21,909 | -24.7% |
| Other tangible fixed assets | 26 | €16,383 | €12,518 | -€3,865 | -23.6% |
| Current assets | 29/58 | €1,932,945 | €1,331,799 | -€601,146 | -31.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €56,061 | €59,287 | +€3,226 | +5.8% |
| Trade receivables | 40 | €56,061 | €59,287 | +€3,226 | +5.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €109,000 | €132,999 | +€24,000 | +22.0% |
| Cash at bank and in hand | 54/58 | €1,765,825 | €1,137,561 | -€628,264 | -35.6% |
| Deferred charges and accrued income | 490/1 | €2,059 | €1,952 | -€108 | -5.2% |
| Total equity and liabilities | 10/49 | €2,150,918 | €1,491,560 | -€659,358 | -30.7% |
| Equity | 10/15 | €1,404,960 | €799,193 | -€605,767 | -43.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,386,360 | €780,360 | -€606,000 | -43.7% |
| Distributable reserves | 133 | €1,386,360 | €780,360 | -€606,000 | -43.7% |
| Profit (loss) carried forward | 14 | €0 | €233 | +€233 | |
| Amounts payable | 17/49 | €745,958 | €692,367 | -€53,591 | -7.2% |
| Amounts payable after more than one year | 17 | €30,334 | €4,334 | -€26,000 | -85.7% |
| Financial debts | 170/4 | €30,334 | €4,334 | -€26,000 | -85.7% |
| Amounts payable within one year | 42/48 | €715,625 | €688,033 | -€27,591 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €26,000 | €26,000 | = | 0.0% |
| Trade debts | 44 | €60,882 | €46,881 | -€14,001 | -23.0% |
| Suppliers | 440/4 | €60,882 | €46,881 | -€14,001 | -23.0% |
| Advances received on contracts in progress | 46 | €2,500 | €0 | -€2,500 | -100% |
| Taxes, remuneration and social security | 45 | €87,119 | €31,889 | -€55,231 | -63.4% |
| Taxes | 450/3 | €73,646 | €20,061 | -€53,585 | -72.8% |
| Remuneration and social security | 454/9 | €13,473 | €11,827 | -€1,646 | -12.2% |
| Other amounts payable | 47/48 | €539,123 | €583,263 | +€44,140 | +8.2% |
| Remuneration, social security and pensions | 62 | €100,174 | €87,074 | -€13,101 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,931 | €75,101 | +€3,170 | +4.4% |
| Other operating charges | 640/8 | €2,421 | €1,753 | -€668 | -27.6% |
| Gross operating margin | 9900 | €975,686 | €1,091,497 | +€115,811 | +11.9% |
| Operating profit (loss) | 9901 | €801,159 | €927,569 | +€126,410 | +15.8% |
| Financial income | 75/76B | €38,000 | €355 | -€37,645 | -99.1% |
| Recurring financial income | 75 | €38,000 | €355 | -€37,645 | -99.1% |
| Financial charges | 65/66B | €2,186 | €1,041 | -€1,145 | -52.4% |
| Recurring financial charges | 65 | €2,186 | €1,041 | -€1,145 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €836,974 | €926,884 | +€89,910 | +10.7% |
| Income taxes | 67/77 | €207,261 | €230,650 | +€23,389 | +11.3% |
| Profit (loss) for the period | 9904 | €629,712 | €696,233 | +€66,521 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €629,712 | €696,233 | +€66,521 | +10.6% |
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.