ILUMIA Concept: 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.
ILUMIA Concept
Largest movements
- Receivables within one year +€71,882
up €71,882 (+163%), from €44,094 to €115,975
of which Trade receivables: +€71,425
- Tangible fixed assets +€17,572
up €17,572 (+64.5%), from €27,251 to €44,823
of which Furniture and vehicles: +€17,984
- Tax, wage and social debts +€35,395
new in 2024: €35,395
of which Remuneration and social security: +€24,000
- Profit (loss) carried forward +€31,985
up €31,985 (+675%), from €4,739 to €36,724
- Provisions +€10,250
new in 2024: €10,250
- Trade debts +€6,761
up €6,761 (+5.6%), from €120,871 to €127,632
- Debts after one year +€3,908
up €3,908 (+11.4%), from €34,433 to €38,341
of which Financial debts: +€4,404
- Gross operating margin +€61,156
up €61,156 (+397%), from €15,396 to €76,552
- Taxes +€11,395
new in 2024: €11,395
- Provisions +€10,250
new in 2024: €10,250
- Depreciation +€3,935
up €3,935 (+28.0%), from €14,061 to €17,997
- Other operating charges +€2,085
up €2,085 (+178%), from €1,169 to €3,254
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,522 | €300,085 | +€93,563 | +45.3% |
| Fixed assets | 21/28 | €27,251 | €44,823 | +€17,572 | +64.5% |
| Tangible fixed assets | 22/27 | €27,251 | €44,823 | +€17,572 | +64.5% |
| Plant, machinery and equipment | 23 | €3,389 | €2,977 | -€412 | -12.2% |
| Furniture and vehicles | 24 | €23,862 | €41,846 | +€17,984 | +75.4% |
| Current assets | 29/58 | €179,271 | €255,262 | +€75,991 | +42.4% |
| Stocks and contracts in progress | 3 | €170 | €170 | +€1 | +0.3% |
| Stocks | 30/36 | €170 | €170 | +€1 | +0.3% |
| Amounts receivable within one year | 40/41 | €44,094 | €115,975 | +€71,882 | +163% |
| Trade receivables | 40 | €32,934 | €104,359 | +€71,425 | +217% |
| Other amounts receivable | 41 | €11,160 | €11,616 | +€456 | +4.1% |
| Cash at bank and in hand | 54/58 | €135,007 | €137,665 | +€2,657 | +2.0% |
| Deferred charges and accrued income | 490/1 | - | €1,452 | +€1,452 | |
| Total equity and liabilities | 10/49 | €206,522 | €300,085 | +€93,563 | +45.3% |
| Equity | 10/15 | €24,102 | €56,088 | +€31,985 | +133% |
| Contributions | 10/11 | €19,048 | €19,048 | = | 0.0% |
| Reserves | 13 | €315 | €315 | = | 0.0% |
| Non-distributable reserves | 130/1 | €315 | €315 | = | 0.0% |
| Other | 1319 | €315 | €315 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,739 | €36,724 | +€31,985 | +675% |
| Provisions and deferred taxes | 16 | - | €10,250 | +€10,250 | |
| Provisions for liabilities and charges | 160/5 | - | €10,250 | +€10,250 | |
| Major repairs and maintenance | 162 | - | €10,250 | +€10,250 | |
| Amounts payable | 17/49 | €182,420 | €233,747 | +€51,328 | +28.1% |
| Amounts payable after more than one year | 17 | €34,433 | €38,341 | +€3,908 | +11.4% |
| Financial debts | 170/4 | €10,061 | €14,465 | +€4,404 | +43.8% |
| Other amounts payable | 178/9 | €24,372 | €23,877 | -€496 | -2.0% |
| Amounts payable within one year | 42/48 | €147,220 | €194,625 | +€47,406 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €10,796 | €14,243 | +€3,447 | +31.9% |
| Trade debts | 44 | €120,871 | €127,632 | +€6,761 | +5.6% |
| Suppliers | 440/4 | €120,871 | €127,632 | +€6,761 | +5.6% |
| Advances received on contracts in progress | 46 | €15,552 | €17,355 | +€1,803 | +11.6% |
| Taxes, remuneration and social security | 45 | - | €35,395 | +€35,395 | |
| Taxes | 450/3 | - | €11,395 | +€11,395 | |
| Remuneration and social security | 454/9 | - | €24,000 | +€24,000 | |
| Accrued charges and deferred income | 492/3 | €767 | €781 | +€14 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,061 | €17,997 | +€3,935 | +28.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,250 | +€10,250 | |
| Other operating charges | 640/8 | €1,169 | €3,254 | +€2,085 | +178% |
| Gross operating margin | 9900 | €15,396 | €76,552 | +€61,156 | +397% |
| Operating profit (loss) | 9901 | €166 | €45,052 | +€44,886 | +27,071% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,415 | €1,672 | +€257 | +18.2% |
| Recurring financial charges | 65 | €1,415 | €1,672 | +€257 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,248 | €43,380 | +€44,628 | |
| Income taxes | 67/77 | - | €11,395 | +€11,395 | |
| Profit (loss) for the period | 9904 | -€1,248 | €31,985 | +€33,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,248 | €31,985 | +€33,233 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.