Ilse Dams: 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.
Ilse Dams
Largest movements
- Receivables within one year +€76,417
up €76,417 (+61.5%), from €124,185 to €200,602
of which Other amounts receivable: +€66,753
- Tangible fixed assets +€25,930
up €25,930 (+1879.7%), from €1,379 to €27,309
of which Leasing and similar rights: +€26,265
- Reserves +€46,279
up €46,279 (+53.0%), from €87,284 to €133,563
- Tax, wage and social debts +€24,369
up €24,369 (+66.4%), from €36,685 to €61,054
- Debts after one year +€21,828
new in 2025: €21,828
- Current portion of long-term debt +€5,347
new in 2025: €5,347
- Other debts +€3,179
new in 2025: €3,179
- Gross operating margin -€53,815
down €53,815 (-44.0%), from €122,419 to €68,604
- Taxes -€12,315
down €12,315 (-33.6%), from €36,685 to €24,369
- Financial income +€4,299
up €4,299 (+114.9%), from €3,742 to €8,041
- Depreciation +€3,128
up €3,128 (+1062.1%), from €295 to €3,423
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 | €127,483 | €229,964 | +€102,481 | +80.4% |
| Fixed assets | 21/28 | €1,379 | €27,309 | +€25,930 | +1879.7% |
| Tangible fixed assets | 22/27 | €1,379 | €27,309 | +€25,930 | +1879.7% |
| Plant, machinery and equipment | 23 | €1,379 | €1,045 | -€335 | -24.3% |
| Leasing and similar rights | 25 | - | €26,265 | +€26,265 | |
| Current assets | 29/58 | €126,104 | €202,655 | +€76,551 | +60.7% |
| Amounts receivable within one year | 40/41 | €124,185 | €200,602 | +€76,417 | +61.5% |
| Trade receivables | 40 | €2,500 | €12,164 | +€9,664 | +386.6% |
| Other amounts receivable | 41 | €121,685 | €188,438 | +€66,753 | +54.9% |
| Cash at bank and in hand | 54/58 | €94 | €426 | +€332 | +353.4% |
| Deferred charges and accrued income | 490/1 | €1,825 | €1,626 | -€199 | -10.9% |
| Total equity and liabilities | 10/49 | €127,483 | €229,964 | +€102,481 | +80.4% |
| Equity | 10/15 | €88,284 | €134,563 | +€46,279 | +52.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €87,284 | €133,563 | +€46,279 | +53.0% |
| Distributable reserves | 133 | €87,284 | €133,563 | +€46,279 | +53.0% |
| Amounts payable | 17/49 | €39,199 | €95,401 | +€56,202 | +143.4% |
| Amounts payable after more than one year | 17 | - | €21,828 | +€21,828 | |
| Financial debts | 170/4 | - | €21,828 | +€21,828 | |
| Amounts payable within one year | 42/48 | €39,199 | €73,573 | +€34,374 | +87.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,347 | +€5,347 | |
| Trade debts | 44 | €2,515 | €3,993 | +€1,478 | +58.8% |
| Suppliers | 440/4 | €2,515 | €3,993 | +€1,478 | +58.8% |
| Taxes, remuneration and social security | 45 | €36,685 | €61,054 | +€24,369 | +66.4% |
| Taxes | 450/3 | €36,685 | €61,054 | +€24,369 | +66.4% |
| Other amounts payable | 47/48 | - | €3,179 | +€3,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295 | €3,423 | +€3,128 | +1062.1% |
| Other operating charges | 640/8 | €1,656 | €1,449 | -€206 | -12.5% |
| Gross operating margin | 9900 | €122,419 | €68,604 | -€53,815 | -44.0% |
| Operating profit (loss) | 9901 | €120,469 | €63,732 | -€56,737 | -47.1% |
| Financial income | 75/76B | €3,742 | €8,041 | +€4,299 | +114.9% |
| Recurring financial income | 75 | €3,742 | €8,041 | +€4,299 | +114.9% |
| Financial charges | 65/66B | €242 | €1,124 | +€882 | +364.1% |
| Recurring financial charges | 65 | €242 | €1,124 | +€882 | +364.1% |
| Profit (loss) for the period before taxes | 9903 | €123,969 | €70,648 | -€53,321 | -43.0% |
| Income taxes | 67/77 | €36,685 | €24,369 | -€12,315 | -33.6% |
| Profit (loss) for the period | 9904 | €87,284 | €46,279 | -€41,005 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,284 | €46,279 | -€41,005 | -47.0% |
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 9 October 2026 via checked.be.