I.L.D.: 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.
I.L.D.
Largest movements
- Tangible fixed assets -€9,592
down €9,592 (-5.0%), from €190,323 to €180,731
- Debts after one year -€7,795
down €7,795 (-26.9%), from €28,979 to €21,184
- Other debts -€7,501
down €7,501 (-7.7%), from €96,865 to €89,364
- Reserves +€7,000
up €7,000 (+16.7%), from €41,860 to €48,860
- Accrued charges and deferred income -€2,923
down €2,923 (-64.8%), from €4,513 to €1,590
- Gross operating margin +€3,357
up €3,357 (+12.5%), from €26,754 to €30,111
- Other operating charges -€2,939
down €2,939 (-72.8%), from €4,037 to €1,098
- Taxes +€1,877
up €1,877 (+298.6%), from €629 to €2,506
- Depreciation +€889
up €889 (+5.4%), from €16,603 to €17,492
- Financial charges +€415
up €415 (+33.2%), from €1,249 to €1,664
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 | €199,661 | €190,261 | -€9,400 | -4.7% |
| Fixed assets | 21/28 | €190,323 | €180,731 | -€9,592 | -5.0% |
| Tangible fixed assets | 22/27 | €190,323 | €180,731 | -€9,592 | -5.0% |
| Land and buildings | 22 | €190,323 | €180,731 | -€9,592 | -5.0% |
| Current assets | 29/58 | €9,338 | €9,530 | +€192 | +2.1% |
| Amounts receivable within one year | 40/41 | €540 | - | -€540 | |
| Other amounts receivable | 41 | €540 | - | -€540 | |
| Cash at bank and in hand | 54/58 | €8,457 | €9,179 | +€723 | +8.5% |
| Deferred charges and accrued income | 490/1 | €341 | €350 | +€9 | +2.7% |
| Total equity and liabilities | 10/49 | €199,661 | €190,261 | -€9,400 | -4.7% |
| Equity | 10/15 | €61,871 | €69,224 | +€7,353 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €48,860 | +€7,000 | +16.7% |
| Distributable reserves | 133 | €41,860 | €48,860 | +€7,000 | +16.7% |
| Profit (loss) carried forward | 14 | €1,411 | €1,764 | +€353 | +25.0% |
| Amounts payable | 17/49 | €137,790 | €121,037 | -€16,753 | -12.2% |
| Amounts payable after more than one year | 17 | €28,979 | €21,184 | -€7,795 | -26.9% |
| Financial debts | 170/4 | €28,979 | €21,184 | -€7,795 | -26.9% |
| Amounts payable within one year | 42/48 | €104,299 | €98,264 | -€6,035 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €7,434 | €7,795 | +€361 | +4.9% |
| Taxes, remuneration and social security | 45 | - | €1,105 | +€1,105 | |
| Taxes | 450/3 | - | €1,105 | +€1,105 | |
| Other amounts payable | 47/48 | €96,865 | €89,364 | -€7,501 | -7.7% |
| Accrued charges and deferred income | 492/3 | €4,513 | €1,590 | -€2,923 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,603 | €17,492 | +€889 | +5.4% |
| Other operating charges | 640/8 | €4,037 | €1,098 | -€2,939 | -72.8% |
| Gross operating margin | 9900 | €26,754 | €30,111 | +€3,357 | +12.5% |
| Operating profit (loss) | 9901 | €6,114 | €11,520 | +€5,407 | +88.4% |
| Financial income | 75/76B | €3 | €2 | -€1 | -23.9% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -23.9% |
| Financial charges | 65/66B | €1,249 | €1,664 | +€415 | +33.2% |
| Recurring financial charges | 65 | €1,249 | €1,664 | +€415 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €4,868 | €9,859 | +€4,991 | +102.5% |
| Income taxes | 67/77 | €629 | €2,506 | +€1,877 | +298.6% |
| Profit (loss) for the period | 9904 | €4,239 | €7,353 | +€3,114 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,239 | €7,353 | +€3,114 | +73.5% |
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.