ILYVERO: 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.
ILYVERO
Largest movements
- Cash +€72,648
up €72,648 (+67.6%), from €107,481 to €180,130
mainly Net result for the year (+€29,964) and Depreciation (+€17,504)
- Stocks and contracts -€14,791
down €14,791 (-21.1%), from €70,133 to €55,342
- Receivables within one year -€8,747
down €8,747 (-21.8%), from €40,043 to €31,296
of which Other amounts receivable: -€17,038
- Intangible fixed assets -€6,983
down €6,983 (-33.7%), from €20,730 to €13,747
- Tangible fixed assets -€6,310
down €6,310 (-54.6%), from €11,557 to €5,247
of which Plant, machinery and equipment: -€7,426
- Reserves +€29,964
up €29,964 (+24.7%), from €121,201 to €151,166
- Tax, wage and social debts +€11,047
up €11,047 (+86.5%), from €12,768 to €23,815
of which Remuneration and social security: +€6,007
- Trade debts +€6,733
up €6,733 (+92.0%), from €7,319 to €14,052
- Accrued charges and deferred income -€5,354
down €5,354 (-41.9%), from €12,776 to €7,422
- Other debts -€3,001
down €3,001 (-3.4%), from €89,246 to €86,245
- Gross operating margin +€91,668
up €91,668 (+367%), from €24,956 to €116,624
- Staff costs +€52,931
up €52,931 (+21,669%), from €244 to €53,175
- Taxes +€3,001
up €3,001 (+2,188%), from €137 to €3,138
- Financial charges -€1,944
down €1,944 (-15.3%), from €12,691 to €10,746
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.
Derived cash bridge
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 | €255,112 | €292,700 | +€37,588 | +14.7% |
| Fixed assets | 21/28 | €35,044 | €21,752 | -€13,292 | -37.9% |
| Intangible fixed assets | 21 | €20,730 | €13,747 | -€6,983 | -33.7% |
| Tangible fixed assets | 22/27 | €11,557 | €5,247 | -€6,310 | -54.6% |
| Plant, machinery and equipment | 23 | €9,775 | €2,349 | -€7,426 | -76.0% |
| Furniture and vehicles | 24 | €1,782 | €2,898 | +€1,116 | +62.6% |
| Financial fixed assets | 28 | €2,758 | €2,758 | = | 0.0% |
| Current assets | 29/58 | €220,068 | €270,948 | +€50,880 | +23.1% |
| Stocks and contracts in progress | 3 | €70,133 | €55,342 | -€14,791 | -21.1% |
| Stocks | 30/36 | €70,133 | €55,342 | -€14,791 | -21.1% |
| Amounts receivable within one year | 40/41 | €40,043 | €31,296 | -€8,747 | -21.8% |
| Trade receivables | 40 | €21,349 | €29,640 | +€8,292 | +38.8% |
| Other amounts receivable | 41 | €18,694 | €1,656 | -€17,038 | -91.1% |
| Cash at bank and in hand | 54/58 | €107,481 | €180,130 | +€72,648 | +67.6% |
| Deferred charges and accrued income | 490/1 | €2,411 | €4,180 | +€1,769 | +73.4% |
| Total equity and liabilities | 10/49 | €255,112 | €292,700 | +€37,588 | +14.7% |
| Equity | 10/15 | €131,201 | €161,166 | +€29,964 | +22.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €121,201 | €151,166 | +€29,964 | +24.7% |
| Distributable reserves | 133 | €121,201 | €151,166 | +€29,964 | +24.7% |
| Amounts payable | 17/49 | €123,911 | €131,534 | +€7,623 | +6.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €111,135 | €124,112 | +€12,977 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €1,802 | €0 | -€1,802 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,319 | €14,052 | +€6,733 | +92.0% |
| Suppliers | 440/4 | €7,319 | €14,052 | +€6,733 | +92.0% |
| Taxes, remuneration and social security | 45 | €12,768 | €23,815 | +€11,047 | +86.5% |
| Taxes | 450/3 | €9,415 | €14,454 | +€5,040 | +53.5% |
| Remuneration and social security | 454/9 | €3,353 | €9,360 | +€6,007 | +179% |
| Other amounts payable | 47/48 | €89,246 | €86,245 | -€3,001 | -3.4% |
| Accrued charges and deferred income | 492/3 | €12,776 | €7,422 | -€5,354 | -41.9% |
| Remuneration, social security and pensions | 62 | €244 | €53,175 | +€52,931 | +21,669% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,579 | €17,504 | -€1,075 | -5.8% |
| Other operating charges | 640/8 | €2,309 | €2,263 | -€46 | -2.0% |
| Gross operating margin | 9900 | €24,956 | €116,624 | +€91,668 | +367% |
| Operating profit (loss) | 9901 | €3,823 | €43,682 | +€39,859 | +1,043% |
| Financial income | 75/76B | €31 | €166 | +€136 | +444% |
| Recurring financial income | 75 | €31 | €166 | +€136 | +444% |
| Financial charges | 65/66B | €12,691 | €10,746 | -€1,944 | -15.3% |
| Recurring financial charges | 65 | €12,691 | €10,746 | -€1,944 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,837 | €33,102 | +€41,939 | |
| Income taxes | 67/77 | €137 | €3,138 | +€3,001 | +2,188% |
| Profit (loss) for the period | 9904 | -€8,974 | €29,964 | +€38,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,974 | €29,964 | +€38,939 |
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 16 October 2026 via checked.be.