Ilse Himpe: 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.
Ilse Himpe
Largest movements
- Cash -€47,054
down €47,054 (-66.2%), from €71,118 to €24,064
mainly Current investments (-€29,603) and Tax, wage and social debts (-€28,737)
- Current investments +€29,603
new in 2025: €29,603
- Receivables within one year +€10,915
up €10,915 (+78.0%), from €13,986 to €24,901
of which Other amounts receivable: +€14,929
- Deferred charges and accrued income +€1,237
up €1,237 (+524.2%), from €236 to €1,473
- Tax, wage and social debts -€28,737
down €28,737 (-86.5%), from €33,221 to €4,484
of which Taxes: -€29,737
- Profit (loss) carried forward +€21,566
up €21,566 (+72.0%), from -€29,950 to -€8,384
- Trade debts +€1,416
up €1,416 (+54.1%), from €2,616 to €4,032
- Gross operating margin +€51,739
up €51,739, from -€26,310 to €25,428
- Taxes +€1,169
up €1,169 (+464.5%), from €252 to €1,420
- Financial charges -€926
down €926 (-32.1%), from €2,887 to €1,961
- Other operating charges +€455
up €455 (+102.4%), from €445 to €900
- Financial income +€293
up €293 (+232.1%), from €126 to €419
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 | €85,340 | €80,041 | -€5,299 | -6.2% |
| Current assets | 29/58 | €85,340 | €80,041 | -€5,299 | -6.2% |
| Amounts receivable within one year | 40/41 | €13,986 | €24,901 | +€10,915 | +78.0% |
| Trade receivables | 40 | €11,271 | €7,257 | -€4,014 | -35.6% |
| Other amounts receivable | 41 | €2,715 | €17,644 | +€14,929 | +549.8% |
| Current investments | 50/53 | - | €29,603 | +€29,603 | |
| Cash at bank and in hand | 54/58 | €71,118 | €24,064 | -€47,054 | -66.2% |
| Deferred charges and accrued income | 490/1 | €236 | €1,473 | +€1,237 | +524.2% |
| Total equity and liabilities | 10/49 | €85,340 | €80,041 | -€5,299 | -6.2% |
| Equity | 10/15 | €49,503 | €71,069 | +€21,566 | +43.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €74,453 | €74,453 | = | 0.0% |
| Distributable reserves | 133 | €74,453 | €74,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,950 | -€8,384 | +€21,566 | +72.0% |
| Amounts payable | 17/49 | €35,838 | €8,972 | -€26,865 | -75.0% |
| Amounts payable within one year | 42/48 | €35,838 | €8,972 | -€26,865 | -75.0% |
| Financial debts | 43 | - | €456 | +€456 | |
| Credit institutions | 430/8 | - | €456 | +€456 | |
| Trade debts | 44 | €2,616 | €4,032 | +€1,416 | +54.1% |
| Suppliers | 440/4 | €2,616 | €4,032 | +€1,416 | +54.1% |
| Taxes, remuneration and social security | 45 | €33,221 | €4,484 | -€28,737 | -86.5% |
| Taxes | 450/3 | €33,221 | €3,484 | -€29,737 | -89.5% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €183 | €0 | -€183 | -100.0% |
| Other operating charges | 640/8 | €445 | €900 | +€455 | +102.4% |
| Gross operating margin | 9900 | -€26,310 | €25,428 | +€51,739 | |
| Operating profit (loss) | 9901 | -€26,938 | €24,528 | +€51,466 | |
| Financial income | 75/76B | €126 | €419 | +€293 | +232.1% |
| Recurring financial income | 75 | €126 | €419 | +€293 | +232.1% |
| Financial charges | 65/66B | €2,887 | €1,961 | -€926 | -32.1% |
| Recurring financial charges | 65 | €2,887 | €1,961 | -€926 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,699 | €22,987 | +€52,685 | |
| Income taxes | 67/77 | €252 | €1,420 | +€1,169 | +464.5% |
| Profit (loss) for the period | 9904 | -€29,950 | €21,566 | +€51,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,950 | €21,566 | +€51,516 |
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 5 October 2026 via checked.be.