L'ILOT DORE: 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.
L'ILOT DORE
Largest movements
- Tangible fixed assets -€10,201
down €10,201 (-10.7%), from €95,410 to €85,209
of which Land and buildings: -€10,048
- Cash -€5,836
down €5,836 (-89.4%), from €6,530 to €694
mainly Debts after one year (-€17,698) and Other debts (-€10,938)
- Receivables within one year -€1,727
down €1,727 (-96.1%), from €1,797 to €70
of which Trade receivables: -€1,770
- Debts after one year -€17,698
down €17,698 (-16.4%), from €107,799 to €90,101
- Profit (loss) carried forward +€11,244
up €11,244 (+7.5%), from -€150,560 to -€139,316
- Other debts -€10,938
down €10,938 (-11.4%), from €95,968 to €85,031
- Trade debts -€2,945
down €2,945 (-27.1%), from €10,871 to €7,926
- Short-term financial debts +€2,403
new in 2025: €2,403
- Gross operating margin -€28,017
down €28,017 (-38.2%), from €73,321 to €45,304
- Other operating charges -€22,606
down €22,606 (-70.9%), from €31,871 to €9,264
- Staff costs -€1,268
down €1,268 (-65.0%), from €1,951 to €683
- Financial charges +€771
up €771 (+8.6%), from €8,959 to €9,730
- Depreciation +€733
up €733 (+5.4%), from €13,657 to €14,390
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 | €104,720 | €87,356 | -€17,364 | -16.6% |
| Fixed assets | 21/28 | €95,702 | €85,501 | -€10,201 | -10.7% |
| Tangible fixed assets | 22/27 | €95,410 | €85,209 | -€10,201 | -10.7% |
| Land and buildings | 22 | €88,084 | €78,037 | -€10,048 | -11.4% |
| Furniture and vehicles | 24 | €7,326 | €7,173 | -€153 | -2.1% |
| Financial fixed assets | 28 | €292 | €292 | = | 0.0% |
| Current assets | 29/58 | €9,018 | €1,855 | -€7,163 | -79.4% |
| Amounts receivable within one year | 40/41 | €1,797 | €70 | -€1,727 | -96.1% |
| Trade receivables | 40 | €1,797 | €27 | -€1,770 | -98.5% |
| Other amounts receivable | 41 | - | €43 | +€43 | |
| Cash at bank and in hand | 54/58 | €6,530 | €694 | -€5,836 | -89.4% |
| Deferred charges and accrued income | 490/1 | €692 | €1,091 | +€399 | +57.7% |
| Total equity and liabilities | 10/49 | €104,720 | €87,356 | -€17,364 | -16.6% |
| Equity | 10/15 | -€131,960 | -€120,716 | +€11,244 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,560 | -€139,316 | +€11,244 | +7.5% |
| Amounts payable | 17/49 | €236,680 | €208,071 | -€28,608 | -12.1% |
| Amounts payable after more than one year | 17 | €107,799 | €90,101 | -€17,698 | -16.4% |
| Financial debts | 170/4 | €107,799 | €90,101 | -€17,698 | -16.4% |
| Amounts payable within one year | 42/48 | €128,881 | €117,970 | -€10,911 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €19,202 | €19,790 | +€588 | +3.1% |
| Financial debts | 43 | - | €2,403 | +€2,403 | |
| Credit institutions | 430/8 | - | €2,403 | +€2,403 | |
| Trade debts | 44 | €10,871 | €7,926 | -€2,945 | -27.1% |
| Suppliers | 440/4 | €10,871 | €7,926 | -€2,945 | -27.1% |
| Taxes, remuneration and social security | 45 | €2,840 | €2,821 | -€20 | -0.7% |
| Taxes | 450/3 | €2,779 | €2,810 | +€31 | +1.1% |
| Remuneration and social security | 454/9 | €62 | €11 | -€51 | -82.7% |
| Other amounts payable | 47/48 | €95,968 | €85,031 | -€10,938 | -11.4% |
| Remuneration, social security and pensions | 62 | €1,951 | €683 | -€1,268 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,657 | €14,390 | +€733 | +5.4% |
| Other operating charges | 640/8 | €31,871 | €9,264 | -€22,606 | -70.9% |
| Gross operating margin | 9900 | €73,321 | €45,304 | -€28,017 | -38.2% |
| Operating profit (loss) | 9901 | €25,843 | €20,966 | -€4,876 | -18.9% |
| Financial income | 75/76B | €6 | €8 | +€1 | +20.2% |
| Recurring financial income | 75 | €6 | €8 | +€1 | +20.2% |
| Financial charges | 65/66B | €8,959 | €9,730 | +€771 | +8.6% |
| Recurring financial charges | 65 | €8,959 | €9,730 | +€771 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €16,890 | €11,244 | -€5,646 | -33.4% |
| Profit (loss) for the period | 9904 | €16,890 | €11,244 | -€5,646 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,890 | €11,244 | -€5,646 | -33.4% |
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 18 October 2026 via checked.be.