ILSAKI: 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.
ILSAKI
Largest movements
- Current investments -€300,000
no longer reported in 2026 (was €300,000)
- Cash +€245,213
up €245,213 (+700%), from €35,028 to €280,241
mainly Current investments (+€300,000) and Depreciation (+€199)
- Tax, wage and social debts -€38,690
down €38,690 (-99.5%), from €38,872 to €182
- Profit (loss) carried forward -€13,749
new in 2026: -€13,749
- Financial income -€360,537
down €360,537 (-99.5%), from €362,467 to €1,930
of which Non-recurring financial income: -€362,458
- Taxes -€98,823
no longer reported in 2026 (was €98,823)
- Financial charges -€2,792
down €2,792 (-91.2%), from €3,063 to €271
- Gross operating margin -€1,688
down €1,688 (-16.1%), from -€10,470 to -€12,158
- Depreciation +€199
new in 2026: €199
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,076 | €287,496 | -€52,580 | -15.5% |
| Fixed assets | 21/28 | - | €997 | +€997 | |
| Tangible fixed assets | 22/27 | - | €997 | +€997 | |
| Plant, machinery and equipment | 23 | - | €997 | +€997 | |
| Current assets | 29/58 | €340,076 | €286,499 | -€53,577 | -15.8% |
| Amounts receivable within one year | 40/41 | €5,048 | €6,258 | +€1,210 | +24.0% |
| Other amounts receivable | 41 | €5,048 | €6,258 | +€1,210 | +24.0% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €35,028 | €280,241 | +€245,213 | +700% |
| Total equity and liabilities | 10/49 | €340,076 | €287,496 | -€52,580 | -15.5% |
| Equity | 10/15 | €301,037 | €287,288 | -€13,749 | -4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €294,837 | €294,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €292,977 | €292,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,749 | -€13,749 | |
| Amounts payable | 17/49 | €39,039 | €208 | -€38,831 | -99.5% |
| Amounts payable within one year | 42/48 | €39,039 | €208 | -€38,831 | -99.5% |
| Trade debts | 44 | €167 | €26 | -€141 | -84.4% |
| Suppliers | 440/4 | €167 | €26 | -€141 | -84.4% |
| Taxes, remuneration and social security | 45 | €38,872 | €182 | -€38,690 | -99.5% |
| Taxes | 450/3 | €38,872 | €182 | -€38,690 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €199 | +€199 | |
| Other operating charges | 640/8 | €2,889 | €3,051 | +€162 | +5.6% |
| Gross operating margin | 9900 | -€10,470 | -€12,158 | -€1,688 | -16.1% |
| Operating profit (loss) | 9901 | -€13,359 | -€15,408 | -€2,049 | -15.3% |
| Financial income | 75/76B | €362,467 | €1,930 | -€360,537 | -99.5% |
| Recurring financial income | 75 | €9 | €1,930 | +€1,921 | +21,344% |
| Non-recurring financial income | 76B | €362,458 | - | -€362,458 | |
| Financial charges | 65/66B | €3,063 | €271 | -€2,792 | -91.2% |
| Recurring financial charges | 65 | €3,063 | €271 | -€2,792 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €346,045 | -€13,749 | -€359,794 | |
| Income taxes | 67/77 | €98,823 | - | -€98,823 | |
| Profit (loss) for the period | 9904 | €247,222 | -€13,749 | -€260,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €247,222 | -€13,749 | -€260,971 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.