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ILONKA: 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.

What changed

ILONKA

BE 0887.277.014
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€41,199
2024 · €59,535-€18,336
Equity
€474,975
2024 · €433,776+€41,199
Cash
€4,315
2024 · €5,382-€1,067
Balance sheet total
€1.3m
2024 · €1.3m-€45,565

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€46,436

    down €46,436 (-3.6%), from €1.3m to €1.2m

    of which Land and buildings: -€52,304

Equity and liabilities
  • Debts after one year -€93,591

    down €93,591 (-14.4%), from €651,174 to €557,583

    of which Financial debts: -€93,391

  • Reserves +€41,199

    up €41,199 (+14.6%), from €281,845 to €323,044

    of which Distributable reserves: +€41,199

Income statement
  • Gross operating margin -€24,070

    down €24,070 (-13.8%), from €173,986 to €149,916

  • Taxes -€6,412

    down €6,412 (-22.5%), from €28,542 to €22,130

  • Depreciation +€5,557

    up €5,557 (+9.6%), from €57,698 to €63,255

  • Financial charges -€4,729

    down €4,729 (-17.5%), from €26,973 to €22,244

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €59,535
Gross operating margin -€24,070
Depreciation -€5,557
Other operating charges +€290
Financial income -€139
Financial charges +€4,729
Taxes +€6,412
Result 2025 €41,199

Cash bridge derived

cash 2024 to 2025

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.

From operations +€106,891
Investment -€16,819
Financing -€91,139
Cash 2024 €5,382
Net result for the year +€41,199
Depreciation +€63,255
Receivables within one year -€1,938
Trade debts -€5,102
Tax, wage and social debts +€7,031
Other debts +€2,447
Investment in fixed assets (net) -€16,819
Debts after one year -€93,591
Current portion of long-term debt +€2,451
Cash 2025 €4,315
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,296,432 €1,250,867 -€45,565 -3.5%
Fixed assets 21/28 €1,282,606 €1,236,171 -€46,436 -3.6%
Tangible fixed assets 22/27 €1,282,606 €1,236,171 -€46,436 -3.6%
Land and buildings 22 €1,252,293 €1,199,989 -€52,304 -4.2%
Plant, machinery and equipment 23 €14,143 €19,074 +€4,931 +34.9%
Furniture and vehicles 24 €3,820 €9,265 +€5,445 +142.5%
Leasing and similar rights 25 €12,350 €7,842 -€4,508 -36.5%
Current assets 29/58 €13,825 €14,696 +€871 +6.3%
Amounts receivable within one year 40/41 €8,443 €10,381 +€1,938 +23.0%
Trade receivables 40 €8,443 €10,381 +€1,938 +23.0%
Cash at bank and in hand 54/58 €5,382 €4,315 -€1,067 -19.8%
Total equity and liabilities 10/49 €1,296,432 €1,250,867 -€45,565 -3.5%
Equity 10/15 €433,776 €474,975 +€41,199 +9.5%
Contributions 10/11 €116,200 €116,200 = 0.0%
Reserves 13 €281,845 €323,044 +€41,199 +14.6%
Non-distributable reserves 130/1 €11,860 €11,860 = 0.0%
Reserves not available under the articles 1311 €11,860 €11,860 = 0.0%
Distributable reserves 133 €269,985 €311,184 +€41,199 +15.3%
Profit (loss) carried forward 14 €35,731 €35,731 = 0.0%
Provisions and deferred taxes 16 €25,000 €25,000 = 0.0%
Provisions for liabilities and charges 160/5 €25,000 €25,000 = 0.0%
Major repairs and maintenance 162 €25,000 €25,000 = 0.0%
Amounts payable 17/49 €837,656 €750,892 -€86,764 -10.4%
Amounts payable after more than one year 17 €651,174 €557,583 -€93,591 -14.4%
Financial debts 170/4 €632,574 €539,183 -€93,391 -14.8%
Other amounts payable 178/9 €18,600 €18,400 -€200 -1.1%
Amounts payable within one year 42/48 €186,482 €193,308 +€6,827 +3.7%
Current portion of amounts payable after more than one year 42 €101,413 €103,864 +€2,451 +2.4%
Trade debts 44 €6,625 €1,523 -€5,102 -77.0%
Suppliers 440/4 €6,625 €1,523 -€5,102 -77.0%
Taxes, remuneration and social security 45 €32,267 €39,297 +€7,031 +21.8%
Taxes 450/3 €30,867 €35,897 +€5,031 +16.3%
Remuneration and social security 454/9 €1,400 €3,400 +€2,000 +142.9%
Other amounts payable 47/48 €46,177 €48,624 +€2,447 +5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €57,698 €63,255 +€5,557 +9.6%
Other operating charges 640/8 €1,387 €1,096 -€290 -20.9%
Gross operating margin 9900 €173,986 €149,916 -€24,070 -13.8%
Operating profit (loss) 9901 €114,902 €85,565 -€29,337 -25.5%
Financial income 75/76B €147 €8 -€139 -94.6%
Recurring financial income 75 €147 €8 -€139 -94.6%
Financial charges 65/66B €26,973 €22,244 -€4,729 -17.5%
Recurring financial charges 65 €26,973 €22,244 -€4,729 -17.5%
Profit (loss) for the period before taxes 9903 €88,076 €63,329 -€24,747 -28.1%
Income taxes 67/77 €28,542 €22,130 -€6,412 -22.5%
Profit (loss) for the period 9904 €59,535 €41,199 -€18,336 -30.8%
Profit (loss) for the period to be appropriated 9905 €59,535 €41,199 -€18,336 -30.8%

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 29 September 2026 via checked.be.