ILYS: what changed
ILYS
Largest movements
- Receivables within one year +€109,982
up €109,982 (+10.0%), from €1.1m to €1.2m
of which Trade receivables: +€140,867
- Cash -€18,123
down €18,123 (-41.4%), from €43,736 to €25,614
mainly Other debts (-€128,750) and Receivables within one year (-€109,982)
- Tangible fixed assets -€16,344
down €16,344 (-41.0%), from €39,904 to €23,560
of which Plant, machinery and equipment: -€8,932
- Advances received +€246,134
up €246,134 (+104%), from €236,692 to €482,825
- Other debts -€128,750
down €128,750 (-66.3%), from €194,174 to €65,424
- Tax, wage and social debts -€33,909
down €33,909 (-9.8%), from €345,919 to €312,010
of which Remuneration and social security: -€33,257
- Short-term financial debts -€15,411
down €15,411 (-15.2%), from €101,436 to €86,025
- Gross operating margin -€166,058
down €166,058 (-29.2%), from €567,980 to €401,922
- Staff costs -€88,225
down €88,225 (-22.6%), from €390,090 to €301,865
- Taxes -€27,152
down €27,152 (-65.9%), from €41,194 to €14,041
- Other operating charges +€13,000
up €13,000 (+828%), from €1,569 to €14,569
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,207,505 | €1,283,084 | +€75,579 | +6.3% |
| Fixed assets | 21/28 | €45,774 | €29,430 | -€16,344 | -35.7% |
| Tangible fixed assets | 22/27 | €39,904 | €23,560 | -€16,344 | -41.0% |
| Plant, machinery and equipment | 23 | €25,047 | €16,115 | -€8,932 | -35.7% |
| Furniture and vehicles | 24 | €6,752 | €3,906 | -€2,846 | -42.1% |
| Other tangible fixed assets | 26 | €8,105 | €3,539 | -€4,567 | -56.3% |
| Financial fixed assets | 28 | €5,870 | €5,870 | = | 0.0% |
| Current assets | 29/58 | €1,161,731 | €1,253,654 | +€91,923 | +7.9% |
| Stocks and contracts in progress | 3 | €15,058 | €15,419 | +€361 | +2.4% |
| Stocks | 30/36 | €15,058 | €15,419 | +€361 | +2.4% |
| Amounts receivable within one year | 40/41 | €1,102,640 | €1,212,621 | +€109,982 | +10.0% |
| Trade receivables | 40 | €199,586 | €340,452 | +€140,867 | +70.6% |
| Other amounts receivable | 41 | €903,054 | €872,169 | -€30,885 | -3.4% |
| Cash at bank and in hand | 54/58 | €43,736 | €25,614 | -€18,123 | -41.4% |
| Deferred charges and accrued income | 490/1 | €298 | €0 | -€298 | -100% |
| Total equity and liabilities | 10/49 | €1,207,505 | €1,283,084 | +€75,579 | +6.3% |
| Equity | 10/15 | €141,492 | €141,530 | +€38 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,432 | €133,470 | +€38 | 0.0% |
| Amounts payable | 17/49 | €1,066,013 | €1,141,554 | +€75,540 | +7.1% |
| Amounts payable within one year | 42/48 | €1,066,013 | €1,141,554 | +€75,540 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €101,436 | €86,025 | -€15,411 | -15.2% |
| Credit institutions | 430/8 | €101,436 | €86,025 | -€15,411 | -15.2% |
| Trade debts | 44 | €187,793 | €195,270 | +€7,477 | +4.0% |
| Suppliers | 440/4 | €187,793 | €195,270 | +€7,477 | +4.0% |
| Advances received on contracts in progress | 46 | €236,692 | €482,825 | +€246,134 | +104% |
| Taxes, remuneration and social security | 45 | €345,919 | €312,010 | -€33,909 | -9.8% |
| Taxes | 450/3 | €214,096 | €213,445 | -€652 | -0.3% |
| Remuneration and social security | 454/9 | €131,822 | €98,565 | -€33,257 | -25.2% |
| Other amounts payable | 47/48 | €194,174 | €65,424 | -€128,750 | -66.3% |
| Remuneration, social security and pensions | 62 | €390,090 | €301,865 | -€88,225 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,151 | €16,344 | +€1,193 | +7.9% |
| Other operating charges | 640/8 | €1,569 | €14,569 | +€13,000 | +828% |
| Gross operating margin | 9900 | €567,980 | €401,922 | -€166,058 | -29.2% |
| Operating profit (loss) | 9901 | €161,170 | €69,144 | -€92,026 | -57.1% |
| Financial income | 75/76B | €4,775 | €5,430 | +€656 | +13.7% |
| Recurring financial income | 75 | €4,775 | €5,430 | +€656 | +13.7% |
| Financial charges | 65/66B | €36,286 | €32,995 | -€3,290 | -9.1% |
| Recurring financial charges | 65 | €36,286 | €32,995 | -€3,290 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €129,660 | €41,579 | -€88,080 | -67.9% |
| Income taxes | 67/77 | €41,194 | €14,041 | -€27,152 | -65.9% |
| Profit (loss) for the period | 9904 | €88,466 | €27,538 | -€60,928 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,466 | €27,538 | -€60,928 | -68.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.