ILONA: 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.
ILONA
Largest movements
- Tangible fixed assets +€97,629
up €97,629 (+53.7%), from €181,867 to €279,496
of which Furniture and vehicles: +€115,697
- Receivables within one year +€4,107
up €4,107 (+658%), from €624 to €4,732
of which Other amounts receivable: +€4,732
- Other debts +€91,320
up €91,320 (+356%), from €25,635 to €116,954
- Reserves +€27,290
up €27,290 (+565%), from €4,833 to €32,122
- Debts after one year -€14,842
down €14,842 (-12.3%), from €120,309 to €105,466
- Trade debts -€7,324
down €7,324 (-41.8%), from €17,504 to €10,180
- Tax, wage and social debts +€6,532
up €6,532 (+426%), from €1,532 to €8,063
- Gross operating margin +€21,956
up €21,956 (+64.0%), from €34,299 to €56,255
- Taxes +€7,163
new in 2025: €7,163
- Depreciation -€5,637
down €5,637 (-28.7%), from €19,660 to €14,022
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 | €214,198 | €315,629 | +€101,431 | +47.4% |
| Fixed assets | 21/28 | €181,867 | €279,496 | +€97,629 | +53.7% |
| Tangible fixed assets | 22/27 | €181,867 | €279,496 | +€97,629 | +53.7% |
| Land and buildings | 22 | €163,138 | €152,888 | -€10,250 | -6.3% |
| Plant, machinery and equipment | 23 | €344 | €68 | -€276 | -80.1% |
| Furniture and vehicles | 24 | €226 | €115,923 | +€115,697 | +51,284% |
| Leasing and similar rights | 25 | €5,103 | - | -€5,103 | |
| Other tangible fixed assets | 26 | €13,057 | €10,616 | -€2,440 | -18.7% |
| Current assets | 29/58 | €32,331 | €36,133 | +€3,802 | +11.8% |
| Stocks and contracts in progress | 3 | €2,478 | €2,852 | +€374 | +15.1% |
| Stocks | 30/36 | €2,478 | €2,852 | +€374 | +15.1% |
| Amounts receivable within one year | 40/41 | €624 | €4,732 | +€4,107 | +658% |
| Trade receivables | 40 | €624 | - | -€624 | |
| Other amounts receivable | 41 | - | €4,732 | +€4,732 | |
| Cash at bank and in hand | 54/58 | €28,913 | €27,902 | -€1,011 | -3.5% |
| Deferred charges and accrued income | 490/1 | €316 | €647 | +€332 | +105% |
| Total equity and liabilities | 10/49 | €214,198 | €315,629 | +€101,431 | +47.4% |
| Equity | 10/15 | €32,833 | €60,122 | +€27,290 | +83.1% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €4,833 | €32,122 | +€27,290 | +565% |
| Distributable reserves | 133 | €4,833 | €32,122 | +€27,290 | +565% |
| Amounts payable | 17/49 | €181,365 | €255,506 | +€74,141 | +40.9% |
| Amounts payable after more than one year | 17 | €120,309 | €105,466 | -€14,842 | -12.3% |
| Financial debts | 170/4 | €120,309 | €105,466 | -€14,842 | -12.3% |
| Amounts payable within one year | 42/48 | €61,057 | €150,040 | +€88,983 | +146% |
| Current portion of amounts payable after more than one year | 42 | €16,386 | €14,842 | -€1,544 | -9.4% |
| Trade debts | 44 | €17,504 | €10,180 | -€7,324 | -41.8% |
| Suppliers | 440/4 | €17,504 | €10,180 | -€7,324 | -41.8% |
| Taxes, remuneration and social security | 45 | €1,532 | €8,063 | +€6,532 | +426% |
| Taxes | 450/3 | €1,532 | €8,063 | +€6,532 | +426% |
| Other amounts payable | 47/48 | €25,635 | €116,954 | +€91,320 | +356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,660 | €14,022 | -€5,637 | -28.7% |
| Other operating charges | 640/8 | €5,685 | €5,331 | -€353 | -6.2% |
| Gross operating margin | 9900 | €34,299 | €56,255 | +€21,956 | +64.0% |
| Operating profit (loss) | 9901 | €8,954 | €36,901 | +€27,947 | +312% |
| Financial income | 75/76B | €0 | €0 | -€0 | -26.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -26.7% |
| Financial charges | 65/66B | €2,651 | €2,448 | -€203 | -7.7% |
| Recurring financial charges | 65 | €2,651 | €2,448 | -€203 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €6,303 | €34,453 | +€28,150 | +447% |
| Income taxes | 67/77 | - | €7,163 | +€7,163 | |
| Profit (loss) for the period | 9904 | €6,303 | €27,290 | +€20,986 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €6,303 | €27,290 | +€20,986 | +333% |
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 20 October 2026 via checked.be.