ILUME: 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.
ILUME
Largest movements
- Cash +€165,975
up €165,975 (+427.4%), from €38,835 to €204,810
mainly Net result for the year (+€149,027) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Deferred charges and accrued income -€38,833
no longer reported in 2025 (was €38,833)
- Reserves +€150,000
up €150,000 (+107.1%), from €140,000 to €290,000
- Debts after one year -€73,804
down €73,804 (-15.0%), from €492,532 to €418,728
of which Financial debts: -€73,804
- Gross operating margin +€137,633
up €137,633 (+173.1%), from €79,512 to €217,145
- Financial income -€113,117
down €113,117 (-87.4%), from €129,444 to €16,327
- Taxes +€33,605
up €33,605 (+129.3%), from €26,000 to €59,605
- Financial charges -€8,200
down €8,200 (-25.8%), from €31,843 to €23,643
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 | €750,283 | €828,697 | +€78,414 | +10.5% |
| Fixed assets | 21/28 | €606,279 | €607,551 | +€1,272 | +0.2% |
| Tangible fixed assets | 22/27 | €1,279 | €2,551 | +€1,272 | +99.4% |
| Furniture and vehicles | 24 | €1,279 | €2,551 | +€1,272 | +99.4% |
| Financial fixed assets | 28 | €605,000 | €605,000 | = | 0.0% |
| Current assets | 29/58 | €144,003 | €221,145 | +€77,142 | +53.6% |
| Amounts receivable within one year | 40/41 | €16,335 | €16,335 | = | 0.0% |
| Trade receivables | 40 | €16,335 | €16,335 | = | 0.0% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €38,835 | €204,810 | +€165,975 | +427.4% |
| Deferred charges and accrued income | 490/1 | €38,833 | - | -€38,833 | |
| Total equity and liabilities | 10/49 | €750,283 | €828,697 | +€78,414 | +10.5% |
| Equity | 10/15 | €146,517 | €293,878 | +€147,361 | +100.6% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €140,000 | €290,000 | +€150,000 | +107.1% |
| Distributable reserves | 133 | €140,000 | €290,000 | +€150,000 | +107.1% |
| Profit (loss) carried forward | 14 | €6,457 | €3,818 | -€2,639 | -40.9% |
| Amounts payable | 17/49 | €603,766 | €534,819 | -€68,947 | -11.4% |
| Amounts payable after more than one year | 17 | €492,532 | €418,728 | -€73,804 | -15.0% |
| Financial debts | 170/4 | €372,532 | €298,728 | -€73,804 | -19.8% |
| Other amounts payable | 178/9 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,110 | €110,592 | +€4,482 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €70,768 | €73,804 | +€3,036 | +4.3% |
| Trade debts | 44 | €2,427 | €3,246 | +€819 | +33.8% |
| Suppliers | 440/4 | €2,427 | €3,246 | +€819 | +33.8% |
| Taxes, remuneration and social security | 45 | €25,176 | €23,906 | -€1,270 | -5.0% |
| Taxes | 450/3 | €25,176 | €23,906 | -€1,270 | -5.0% |
| Other amounts payable | 47/48 | €7,740 | €9,636 | +€1,897 | +24.5% |
| Accrued charges and deferred income | 492/3 | €5,124 | €5,499 | +€375 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,990 | €876 | -€2,114 | -70.7% |
| Other operating charges | 640/8 | - | €321 | +€321 | |
| Gross operating margin | 9900 | €79,512 | €217,145 | +€137,633 | +173.1% |
| Operating profit (loss) | 9901 | €76,522 | €215,948 | +€139,426 | +182.2% |
| Financial income | 75/76B | €129,444 | €16,327 | -€113,117 | -87.4% |
| Recurring financial income | 75 | €129,444 | €16,327 | -€113,117 | -87.4% |
| Financial charges | 65/66B | €31,843 | €23,643 | -€8,200 | -25.8% |
| Recurring financial charges | 65 | €31,843 | €23,643 | -€8,200 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €174,123 | €208,632 | +€34,510 | +19.8% |
| Income taxes | 67/77 | €26,000 | €59,605 | +€33,605 | +129.3% |
| Profit (loss) for the period | 9904 | €148,123 | €149,027 | +€904 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €148,123 | €149,027 | +€904 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.