ILPAM: 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.
ILPAM
Largest movements
- Tangible fixed assets +€48,736
up €48,736 (+5.5%), from €889,331 to €938,067
- Other debts +€76,729
up €76,729 (+25.5%), from €300,952 to €377,681
- Debts after one year -€33,553
down €33,553 (-6.4%), from €520,323 to €486,770
- Gross operating margin +€25,088
up €25,088, from -€15,473 to €9,615
- Financial charges -€360
down €360 (-22.3%), from €1,614 to €1,254
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 | €1,002,752 | €1,057,337 | +€54,586 | +5.4% |
| Fixed assets | 21/28 | €889,331 | €938,067 | +€48,736 | +5.5% |
| Tangible fixed assets | 22/27 | €889,331 | €938,067 | +€48,736 | +5.5% |
| Furniture and vehicles | 24 | €889,331 | €938,067 | +€48,736 | +5.5% |
| Current assets | 29/58 | €113,421 | €119,271 | +€5,850 | +5.2% |
| Amounts receivable within one year | 40/41 | €101,624 | €99,596 | -€2,029 | -2.0% |
| Trade receivables | 40 | €101,624 | €93,070 | -€8,554 | -8.4% |
| Other amounts receivable | 41 | - | €6,525 | +€6,525 | |
| Cash at bank and in hand | 54/58 | €1,291 | €9,141 | +€7,850 | +608.1% |
| Deferred charges and accrued income | 490/1 | €10,506 | €10,535 | +€29 | +0.3% |
| Total equity and liabilities | 10/49 | €1,002,752 | €1,057,337 | +€54,586 | +5.4% |
| Equity | 10/15 | €136,990 | €144,129 | +€7,139 | +5.2% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €270,000 | €270,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€433,010 | -€425,871 | +€7,139 | +1.6% |
| Amounts payable | 17/49 | €865,762 | €913,208 | +€47,446 | +5.5% |
| Amounts payable after more than one year | 17 | €520,323 | €486,770 | -€33,553 | -6.4% |
| Financial debts | 170/4 | €520,323 | €486,770 | -€33,553 | -6.4% |
| Amounts payable within one year | 42/48 | €345,439 | €426,438 | +€80,999 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €33,184 | €33,553 | +€369 | +1.1% |
| Trade debts | 44 | €8,116 | €15,204 | +€7,088 | +87.3% |
| Suppliers | 440/4 | €8,116 | €15,204 | +€7,088 | +87.3% |
| Taxes, remuneration and social security | 45 | €3,186 | €0 | -€3,186 | -100.0% |
| Taxes | 450/3 | €3,186 | €0 | -€3,186 | -100.0% |
| Other amounts payable | 47/48 | €300,952 | €377,681 | +€76,729 | +25.5% |
| Other operating charges | 640/8 | €1,211 | €1,222 | +€11 | +0.9% |
| Gross operating margin | 9900 | -€15,473 | €9,615 | +€25,088 | |
| Operating profit (loss) | 9901 | -€16,684 | €8,393 | +€25,077 | |
| Financial charges | 65/66B | €1,614 | €1,254 | -€360 | -22.3% |
| Recurring financial charges | 65 | €1,614 | €1,254 | -€360 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,298 | €7,139 | +€25,437 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€18,298 | €7,139 | +€25,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,298 | €7,139 | +€25,437 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.