Iolin Projects & Co: what changed
Two fiscal 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.
Iolin Projects & Co
Largest movements
- Receivables within one year +€4,761
up €4,761 (+44.0%), from €10,829 to €15,590
of which Other amounts receivable: +€2,991
- Cash -€3,418
down €3,418 (-3.2%), from €106,742 to €103,324
mainly Contributions, distributions and other (-€172,000) and Receivables within one year (-€4,761)
- Profit (loss) carried forward -€110,049
down €110,049, from €48,980 to -€61,069
- Other debts +€86,200
up €86,200 (+16199.4%), from €532 to €86,732
- Tax, wage and social debts +€25,800
new in 2025: €25,800
- Trade debts -€1,462
down €1,462 (-48.5%), from €3,017 to €1,555
- Gross operating margin +€16,192
up €16,192 (+25.7%), from €63,063 to €79,255
- Taxes +€2,699
up €2,699 (+21.3%), from €12,660 to €15,359
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 | €120,530 | €121,019 | +€489 | +0.4% |
| Fixed assets | 21/28 | €1,728 | €911 | -€817 | -47.3% |
| Tangible fixed assets | 22/27 | €1,728 | €911 | -€817 | -47.3% |
| Furniture and vehicles | 24 | €1,728 | €911 | -€817 | -47.3% |
| Current assets | 29/58 | €118,802 | €120,108 | +€1,306 | +1.1% |
| Amounts receivable within one year | 40/41 | €10,829 | €15,590 | +€4,761 | +44.0% |
| Trade receivables | 40 | €8,175 | €9,945 | +€1,770 | +21.7% |
| Other amounts receivable | 41 | €2,654 | €5,645 | +€2,991 | +112.7% |
| Cash at bank and in hand | 54/58 | €106,742 | €103,324 | -€3,418 | -3.2% |
| Deferred charges and accrued income | 490/1 | €1,232 | €1,194 | -€38 | -3.1% |
| Total equity and liabilities | 10/49 | €120,530 | €121,019 | +€489 | +0.4% |
| Equity | 10/15 | €116,980 | €6,931 | -€110,049 | -94.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,980 | -€61,069 | -€110,049 | |
| Amounts payable | 17/49 | €3,549 | €114,087 | +€110,538 | +3114.3% |
| Amounts payable within one year | 42/48 | €3,549 | €114,087 | +€110,538 | +3114.3% |
| Trade debts | 44 | €3,017 | €1,555 | -€1,462 | -48.5% |
| Suppliers | 440/4 | €3,017 | €1,555 | -€1,462 | -48.5% |
| Taxes, remuneration and social security | 45 | - | €25,800 | +€25,800 | |
| Taxes | 450/3 | - | €25,800 | +€25,800 | |
| Other amounts payable | 47/48 | €532 | €86,732 | +€86,200 | +16199.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758 | €1,111 | +€353 | +46.6% |
| Other operating charges | 640/8 | €673 | €695 | +€22 | +3.3% |
| Gross operating margin | 9900 | €63,063 | €79,255 | +€16,192 | +25.7% |
| Operating profit (loss) | 9901 | €61,632 | €77,449 | +€15,817 | +25.7% |
| Financial income | 75/76B | €157 | - | -€157 | |
| Recurring financial income | 75 | €157 | - | -€157 | |
| Financial charges | 65/66B | €320 | €139 | -€181 | -56.6% |
| Recurring financial charges | 65 | €320 | €139 | -€181 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €61,469 | €77,310 | +€15,841 | +25.8% |
| Income taxes | 67/77 | €12,660 | €15,359 | +€2,699 | +21.3% |
| Profit (loss) for the period | 9904 | €48,809 | €61,951 | +€13,142 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,809 | €61,951 | +€13,142 | +26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.