ILOS: 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.
ILOS
Largest movements
- Current investments +€69,800
new in 2025: €69,800
- Receivables within one year -€66,859
down €66,859 (-68.3%), from €97,934 to €31,074
of which Other amounts receivable: -€84,859
- Cash -€39,513
down €39,513 (-13.1%), from €302,679 to €263,167
mainly Contributions, distributions and other (-€97,910) and Current investments (-€69,800)
- Other debts -€36,730
no longer reported in 2025 (was €36,730)
- Tax, wage and social debts +€9,539
up €9,539 (+100.1%), from €9,533 to €19,073
- Reserves -€7,548
down €7,548 (-2.2%), from €343,632 to €336,084
- Gross operating margin +€13,388
up €13,388 (+12.3%), from €109,283 to €122,670
- Taxes +€3,579
up €3,579 (+10.9%), from €32,767 to €36,346
- Financial income -€1,545
down €1,545 (-19.8%), from €7,788 to €6,243
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 | €404,586 | €369,883 | -€34,703 | -8.6% |
| Fixed assets | 21/28 | €2,463 | €2,918 | +€456 | +18.5% |
| Tangible fixed assets | 22/27 | €2,463 | €2,918 | +€456 | +18.5% |
| Furniture and vehicles | 24 | - | €728 | +€728 | |
| Other tangible fixed assets | 26 | €2,463 | €2,191 | -€272 | -11.0% |
| Current assets | 29/58 | €402,123 | €366,964 | -€35,159 | -8.7% |
| Amounts receivable within one year | 40/41 | €97,934 | €31,074 | -€66,859 | -68.3% |
| Trade receivables | 40 | - | €18,000 | +€18,000 | |
| Other amounts receivable | 41 | €97,934 | €13,074 | -€84,859 | -86.6% |
| Current investments | 50/53 | - | €69,800 | +€69,800 | |
| Cash at bank and in hand | 54/58 | €302,679 | €263,167 | -€39,513 | -13.1% |
| Deferred charges and accrued income | 490/1 | €1,510 | €2,924 | +€1,413 | +93.6% |
| Total equity and liabilities | 10/49 | €404,586 | €369,883 | -€34,703 | -8.6% |
| Equity | 10/15 | €356,032 | €348,484 | -€7,548 | -2.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €343,632 | €336,084 | -€7,548 | -2.2% |
| Distributable reserves | 133 | €343,632 | €336,084 | -€7,548 | -2.2% |
| Amounts payable | 17/49 | €48,554 | €21,399 | -€27,155 | -55.9% |
| Amounts payable within one year | 42/48 | €46,848 | €19,601 | -€27,247 | -58.2% |
| Trade debts | 44 | €585 | €528 | -€57 | -9.7% |
| Suppliers | 440/4 | €585 | €528 | -€57 | -9.7% |
| Taxes, remuneration and social security | 45 | €9,533 | €19,073 | +€9,539 | +100.1% |
| Taxes | 450/3 | €9,533 | €19,073 | +€9,539 | +100.1% |
| Other amounts payable | 47/48 | €36,730 | - | -€36,730 | |
| Accrued charges and deferred income | 492/3 | €1,706 | €1,799 | +€93 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €311 | +€33 | +12.0% |
| Other operating charges | 640/8 | €1,331 | €1,484 | +€153 | +11.5% |
| Gross operating margin | 9900 | €109,283 | €122,670 | +€13,388 | +12.3% |
| Operating profit (loss) | 9901 | €107,673 | €120,875 | +€13,202 | +12.3% |
| Financial income | 75/76B | €7,788 | €6,243 | -€1,545 | -19.8% |
| Recurring financial income | 75 | €7,788 | €6,243 | -€1,545 | -19.8% |
| Financial charges | 65/66B | €69 | €411 | +€342 | +494.9% |
| Recurring financial charges | 65 | €69 | €411 | +€342 | +494.9% |
| Profit (loss) for the period before taxes | 9903 | €115,392 | €126,707 | +€11,315 | +9.8% |
| Income taxes | 67/77 | €32,767 | €36,346 | +€3,579 | +10.9% |
| Profit (loss) for the period | 9904 | €82,626 | €90,362 | +€7,736 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,626 | €90,362 | +€7,736 | +9.4% |
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 11 October 2026 via checked.be.