ILO STUDIO: 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.
ILO STUDIO
Largest movements
- Cash +€7,121
new in 2025: €7,121
mainly Accrued charges and deferred income (+€10,945) and Net result for the year (+€5,601)
- Receivables within one year +€1,048
up €1,048 (+4.1%), from €25,499 to €26,547
of which Trade receivables: +€1,020
- Other debts -€16,300
down €16,300 (-63.8%), from €25,533 to €9,234
- Accrued charges and deferred income +€10,945
up €10,945 (+649.7%), from €1,685 to €12,630
- Profit (loss) carried forward +€5,601
up €5,601 (+43.3%), from -€12,933 to -€7,332
- Tax, wage and social debts +€4,702
up €4,702 (+42.1%), from €11,178 to €15,880
of which Remuneration and social security: +€2,402
- Trade debts +€3,136
up €3,136 (+1598.5%), from €196 to €3,332
- Staff costs +€8,450
new in 2025: €8,450
- Taxes +€2,363
up €2,363 (+1845.8%), from €128 to €2,491
- Gross operating margin +€832
up €832 (+4.0%), from €20,674 to €21,505
- Financial charges -€235
down €235 (-9.3%), from €2,527 to €2,292
- Depreciation -€229
down €229 (-12.6%), from €1,810 to €1,581
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 | €33,953 | €42,037 | +€8,084 | +23.8% |
| Fixed assets | 21/28 | €6,780 | €6,957 | +€177 | +2.6% |
| Tangible fixed assets | 22/27 | €6,780 | €6,957 | +€177 | +2.6% |
| Furniture and vehicles | 24 | €670 | €1,207 | +€537 | +80.2% |
| Other tangible fixed assets | 26 | €6,110 | €5,750 | -€360 | -5.9% |
| Current assets | 29/58 | €27,173 | €35,080 | +€7,907 | +29.1% |
| Amounts receivable within one year | 40/41 | €25,499 | €26,547 | +€1,048 | +4.1% |
| Trade receivables | 40 | €25,499 | €26,519 | +€1,020 | +4.0% |
| Other amounts receivable | 41 | - | €28 | +€28 | |
| Cash at bank and in hand | 54/58 | - | €7,121 | +€7,121 | |
| Deferred charges and accrued income | 490/1 | €1,674 | €1,412 | -€262 | -15.6% |
| Total equity and liabilities | 10/49 | €33,953 | €42,037 | +€8,084 | +23.8% |
| Equity | 10/15 | -€9,933 | -€4,332 | +€5,601 | +56.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,933 | -€7,332 | +€5,601 | +43.3% |
| Amounts payable | 17/49 | €43,886 | €46,369 | +€2,484 | +5.7% |
| Amounts payable within one year | 42/48 | €42,201 | €33,740 | -€8,461 | -20.1% |
| Financial debts | 43 | €5,294 | €5,294 | = | 0.0% |
| Credit institutions | 430/8 | €5,294 | €5,294 | = | 0.0% |
| Trade debts | 44 | €196 | €3,332 | +€3,136 | +1598.5% |
| Suppliers | 440/4 | €196 | €3,332 | +€3,136 | +1598.5% |
| Taxes, remuneration and social security | 45 | €11,178 | €15,880 | +€4,702 | +42.1% |
| Taxes | 450/3 | €11,178 | €13,479 | +€2,301 | +20.6% |
| Remuneration and social security | 454/9 | - | €2,402 | +€2,402 | |
| Other amounts payable | 47/48 | €25,533 | €9,234 | -€16,300 | -63.8% |
| Accrued charges and deferred income | 492/3 | €1,685 | €12,630 | +€10,945 | +649.7% |
| Remuneration, social security and pensions | 62 | - | €8,450 | +€8,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,810 | €1,581 | -€229 | -12.6% |
| Other operating charges | 640/8 | €785 | €818 | +€32 | +4.1% |
| Non-recurring operating charges | 66A | €569 | €274 | -€295 | -51.8% |
| Gross operating margin | 9900 | €20,674 | €21,505 | +€832 | +4.0% |
| Operating profit (loss) | 9901 | €17,509 | €10,382 | -€7,127 | -40.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,527 | €2,292 | -€235 | -9.3% |
| Recurring financial charges | 65 | €2,527 | €2,292 | -€235 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €14,982 | €8,091 | -€6,891 | -46.0% |
| Income taxes | 67/77 | €128 | €2,491 | +€2,363 | +1845.8% |
| Profit (loss) for the period | 9904 | €14,854 | €5,601 | -€9,253 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,854 | €5,601 | -€9,253 | -62.3% |
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 6 October 2026 via checked.be.