ILUJAN: 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.
ILUJAN
Largest movements
- Tangible fixed assets -€34,534
down €34,534 (-3.8%), from €908,375 to €873,841
- Cash +€18,768
up €18,768 (+49.8%), from €37,685 to €56,453
mainly Depreciation (+€34,534) and Net result for the year (+€17,108)
- Debts after one year -€36,486
down €36,486 (-3.9%), from €943,768 to €907,283
- Profit (loss) carried forward +€17,108
up €17,108 (+35.5%), from -€48,209 to -€31,100
- Gross operating margin +€6,810
up €6,810 (+11.2%), from €60,765 to €67,575
- Other operating charges +€1,002
up €1,002 (+227.5%), from €441 to €1,443
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 | €949,723 | €930,293 | -€19,430 | -2.0% |
| Fixed assets | 21/28 | €908,375 | €873,841 | -€34,534 | -3.8% |
| Tangible fixed assets | 22/27 | €908,375 | €873,841 | -€34,534 | -3.8% |
| Land and buildings | 22 | €908,375 | €873,841 | -€34,534 | -3.8% |
| Current assets | 29/58 | €41,348 | €56,453 | +€15,104 | +36.5% |
| Amounts receivable within one year | 40/41 | €3,664 | €0 | -€3,664 | -100.0% |
| Trade receivables | 40 | €3,664 | €0 | -€3,664 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,685 | €56,453 | +€18,768 | +49.8% |
| Total equity and liabilities | 10/49 | €949,723 | €930,293 | -€19,430 | -2.0% |
| Equity | 10/15 | -€35,809 | -€18,700 | +€17,108 | +47.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,209 | -€31,100 | +€17,108 | +35.5% |
| Amounts payable | 17/49 | €985,532 | €948,994 | -€36,538 | -3.7% |
| Amounts payable after more than one year | 17 | €943,768 | €907,283 | -€36,486 | -3.9% |
| Financial debts | 170/4 | €943,768 | €907,283 | -€36,486 | -3.9% |
| Amounts payable within one year | 42/48 | €41,763 | €41,711 | -€52 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €35,943 | €36,486 | +€543 | +1.5% |
| Trade debts | 44 | €300 | €0 | -€300 | -100.0% |
| Suppliers | 440/4 | €300 | €0 | -€300 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,856 | €3,561 | -€295 | -7.7% |
| Taxes | 450/3 | €3,856 | €3,561 | -€295 | -7.7% |
| Other amounts payable | 47/48 | €1,665 | €1,665 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,534 | €34,534 | = | 0.0% |
| Other operating charges | 640/8 | €441 | €1,443 | +€1,002 | +227.5% |
| Gross operating margin | 9900 | €60,765 | €67,575 | +€6,810 | +11.2% |
| Operating profit (loss) | 9901 | €25,790 | €31,598 | +€5,808 | +22.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,028 | €14,490 | -€538 | -3.6% |
| Recurring financial charges | 65 | €15,028 | €14,490 | -€538 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €10,763 | €17,108 | +€6,345 | +59.0% |
| Profit (loss) for the period | 9904 | €10,763 | €17,108 | +€6,345 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,763 | €17,108 | +€6,345 | +59.0% |
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 10 October 2026 via checked.be.