LES ILES D'OR: 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.
LES ILES D'OR
Largest movements
- Stocks and contracts +€10,410
up €10,410 (+35.6%), from €29,219 to €39,629
- Receivables within one year -€7,820
down €7,820 (-3.2%), from €247,598 to €239,778
of which Other amounts receivable: -€6,108
- Profit (loss) carried forward +€23,975
up €23,975 (+28.5%), from €84,013 to €107,988
- Debts after one year -€21,073
down €21,073 (-74.2%), from €28,384 to €7,311
- Trade debts -€10,966
down €10,966 (-32.3%), from €33,988 to €23,023
- Current portion of long-term debt -€7,470
down €7,470 (-26.2%), from €28,543 to €21,073
- Short-term financial debts +€7,121
up €7,121 (+9.3%), from €76,751 to €83,872
- Gross operating margin +€19,081
up €19,081 (+42.6%), from €44,822 to €63,902
- Staff costs -€16,986
no longer reported in 2025 (was €16,986)
- Taxes +€6,712
up €6,712 (+320%), from €2,099 to €8,811
- Financial charges +€4,030
up €4,030 (+45.7%), from €8,827 to €12,857
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 | €290,806 | €291,796 | +€990 | +0.3% |
| Fixed assets | 21/28 | €5,927 | €5,622 | -€305 | -5.1% |
| Tangible fixed assets | 22/27 | €2,027 | €1,722 | -€305 | -15.0% |
| Plant, machinery and equipment | 23 | €2,027 | €1,722 | -€305 | -15.0% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €284,879 | €286,174 | +€1,295 | +0.5% |
| Stocks and contracts in progress | 3 | €29,219 | €39,629 | +€10,410 | +35.6% |
| Stocks | 30/36 | €29,219 | €39,629 | +€10,410 | +35.6% |
| Amounts receivable within one year | 40/41 | €247,598 | €239,778 | -€7,820 | -3.2% |
| Trade receivables | 40 | €27,047 | €25,335 | -€1,712 | -6.3% |
| Other amounts receivable | 41 | €220,551 | €214,443 | -€6,108 | -2.8% |
| Cash at bank and in hand | 54/58 | €8,018 | €6,767 | -€1,251 | -15.6% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €290,806 | €291,796 | +€990 | +0.3% |
| Equity | 10/15 | €104,465 | €128,439 | +€23,975 | +23.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,013 | €107,988 | +€23,975 | +28.5% |
| Amounts payable | 17/49 | €186,341 | €163,357 | -€22,984 | -12.3% |
| Amounts payable after more than one year | 17 | €28,384 | €7,311 | -€21,073 | -74.2% |
| Financial debts | 170/4 | €28,384 | €7,311 | -€21,073 | -74.2% |
| Amounts payable within one year | 42/48 | €157,430 | €155,056 | -€2,374 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €28,543 | €21,073 | -€7,470 | -26.2% |
| Financial debts | 43 | €76,751 | €83,872 | +€7,121 | +9.3% |
| Credit institutions | 430/8 | €76,751 | €83,872 | +€7,121 | +9.3% |
| Trade debts | 44 | €33,988 | €23,023 | -€10,966 | -32.3% |
| Suppliers | 440/4 | €33,988 | €23,023 | -€10,966 | -32.3% |
| Taxes, remuneration and social security | 45 | €5,148 | €9,088 | +€3,940 | +76.5% |
| Taxes | 450/3 | €5,148 | €9,088 | +€3,940 | +76.5% |
| Other amounts payable | 47/48 | €13,000 | €18,000 | +€5,000 | +38.5% |
| Accrued charges and deferred income | 492/3 | €527 | €990 | +€463 | +87.8% |
| Remuneration, social security and pensions | 62 | €16,986 | - | -€16,986 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €305 | = | 0.0% |
| Other operating charges | 640/8 | €1 | €7 | +€6 | +844% |
| Gross operating margin | 9900 | €44,822 | €63,902 | +€19,081 | +42.6% |
| Operating profit (loss) | 9901 | €27,530 | €63,591 | +€36,060 | +131% |
| Financial income | 75/76B | €52 | €51 | -€0 | -0.9% |
| Recurring financial income | 75 | €52 | €51 | -€0 | -0.9% |
| Financial charges | 65/66B | €8,827 | €12,857 | +€4,030 | +45.7% |
| Recurring financial charges | 65 | €8,827 | €12,857 | +€4,030 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €18,755 | €50,785 | +€32,030 | +171% |
| Income taxes | 67/77 | €2,099 | €8,811 | +€6,712 | +320% |
| Profit (loss) for the period | 9904 | €16,656 | €41,975 | +€25,318 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €16,656 | €41,975 | +€25,318 | +152% |
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 25 October 2026 via checked.be.