I.L.B: 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.
What changed
I.L.B
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€237,139
2024 · €181,247+€55,892
Equity
€5.4m
2024 · €5.2m+€237,139
Cash
€244
2024 · €612-€368
Balance sheet total
€7.4m
2024 · €7.5m-€40,790
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€260,000
down €260,000 (-49.4%), from €526,667 to €266,667
- Reserves +€237,139
up €237,139 (+15.9%), from €1.5m to €1.7m
of which Distributable reserves: +€225,139
Income statement
- Financial income +€89,803
up €89,803 (+137.7%), from €65,197 to €155,000
- Gross operating margin -€21,348
down €21,348 (-5.7%), from €374,669 to €353,321
- Staff costs +€7,468
up €7,468 (+6.5%), from €114,116 to €121,585
- Other operating charges +€7,359
up €7,359 (+31.8%), from €23,125 to €30,483
- Taxes +€7,180
up €7,180 (+16.7%), from €42,921 to €50,101
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.
Result 2024
€181,247
Gross operating margin
-€21,348
Staff costs
-€7,468
Depreciation
+€7,176
Other operating charges
-€7,359
Financial income
+€89,803
Financial charges
+€2,268
Taxes
-€7,180
Result 2025
€237,139
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.
From operations
+€259,632
Investment
€0
Financing
-€260,000
Cash 2024
€612
From operations (derived)
+€259,632
Net result for the year
+€237,139
Depreciation
+€44,978
Receivables within one year
+€1,171
Deferred charges and accrued income
-€5,726
Trade debts
-€53,972
Tax, wage and social debts
-€20,675
Other debts
+€62,334
Accrued charges and deferred income
-€5,616
Financing
-€260,000
Debts after one year
-€260,000
Cash 2025
€244
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,454,568 | €7,413,778 | -€40,790 | -0.5% |
| Fixed assets | 21/28 | €7,394,081 | €7,349,103 | -€44,978 | -0.6% |
| Tangible fixed assets | 22/27 | €1,411,099 | €1,366,121 | -€44,978 | -3.2% |
| Land and buildings | 22 | €1,404,197 | €1,362,419 | -€41,778 | -3.0% |
| Furniture and vehicles | 24 | €6,902 | €3,702 | -€3,200 | -46.4% |
| Financial fixed assets | 28 | €5,982,982 | €5,982,982 | = | 0.0% |
| Current assets | 29/58 | €60,487 | €64,675 | +€4,188 | +6.9% |
| Amounts receivable within one year | 40/41 | €57,898 | €56,727 | -€1,171 | -2.0% |
| Trade receivables | 40 | €40,898 | €55,398 | +€14,500 | +35.5% |
| Other amounts receivable | 41 | €17,000 | €1,329 | -€15,671 | -92.2% |
| Cash at bank and in hand | 54/58 | €612 | €244 | -€368 | -60.1% |
| Deferred charges and accrued income | 490/1 | €1,977 | €7,704 | +€5,726 | +289.6% |
| Total equity and liabilities | 10/49 | €7,454,568 | €7,413,778 | -€40,790 | -0.5% |
| Equity | 10/15 | €5,195,835 | €5,432,974 | +€237,139 | +4.6% |
| Contributions | 10/11 | €3,704,710 | €3,704,710 | = | 0.0% |
| Capital | 10 | €3,704,650 | €3,704,650 | = | 0.0% |
| Issued capital | 100 | €3,704,650 | €3,704,650 | = | 0.0% |
| Outside capital | 11 | €60 | €60 | = | 0.0% |
| Share premium | 1100/10 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €1,491,125 | €1,728,264 | +€237,139 | +15.9% |
| Non-distributable reserves | 130/1 | €70,723 | €82,723 | +€12,000 | +17.0% |
| Legal reserve | 130 | €70,723 | €82,723 | +€12,000 | +17.0% |
| Tax-exempt reserves | 132 | €88,331 | €88,331 | = | 0.0% |
| Distributable reserves | 133 | €1,332,072 | €1,557,211 | +€225,139 | +16.9% |
| Provisions and deferred taxes | 16 | €29,444 | €29,444 | = | 0.0% |
| Deferred taxes | 168 | €29,444 | €29,444 | = | 0.0% |
| Amounts payable | 17/49 | €2,229,290 | €1,951,360 | -€277,929 | -12.5% |
| Amounts payable after more than one year | 17 | €526,667 | €266,667 | -€260,000 | -49.4% |
| Financial debts | 170/4 | €526,667 | €266,667 | -€260,000 | -49.4% |
| Amounts payable within one year | 42/48 | €1,695,209 | €1,682,896 | -€12,313 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €260,000 | €260,000 | = | 0.0% |
| Trade debts | 44 | €84,353 | €30,381 | -€53,972 | -64.0% |
| Suppliers | 440/4 | €84,353 | €30,381 | -€53,972 | -64.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €85,389 | €64,713 | -€20,675 | -24.2% |
| Taxes | 450/3 | €61,923 | €41,728 | -€20,195 | -32.6% |
| Remuneration and social security | 454/9 | €23,466 | €22,985 | -€481 | -2.0% |
| Other amounts payable | 47/48 | €1,265,468 | €1,327,802 | +€62,334 | +4.9% |
| Accrued charges and deferred income | 492/3 | €7,414 | €1,797 | -€5,616 | -75.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €114,116 | €121,585 | +€7,468 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,155 | €44,978 | -€7,176 | -13.8% |
| Other operating charges | 640/8 | €23,125 | €30,483 | +€7,359 | +31.8% |
| Gross operating margin | 9900 | €374,669 | €353,321 | -€21,348 | -5.7% |
| Operating profit (loss) | 9901 | €185,274 | €156,275 | -€28,999 | -15.7% |
| Financial income | 75/76B | €65,197 | €155,000 | +€89,803 | +137.7% |
| Recurring financial income | 75 | €65,197 | €155,000 | +€89,803 | +137.7% |
| Financial charges | 65/66B | €26,303 | €24,035 | -€2,268 | -8.6% |
| Recurring financial charges | 65 | €26,303 | €24,035 | -€2,268 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €224,167 | €287,240 | +€63,073 | +28.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €42,921 | €50,101 | +€7,180 | +16.7% |
| Profit (loss) for the period | 9904 | €181,247 | €237,139 | +€55,892 | +30.8% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €181,247 | €237,139 | +€55,892 | +30.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.