ILAEL: 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.
ILAEL
Largest movements
- Cash -€46,133
down €46,133 (-47.7%), from €96,671 to €50,538
mainly Contributions, distributions and other (-€180,990) and Current investments (-€18,147)
- Current investments +€18,147
up €18,147 (+93.0%), from €19,518 to €37,664
- Receivables within one year -€10,464
down €10,464 (-9.9%), from €106,186 to €95,722
of which Other amounts receivable: -€6,513
- Tangible fixed assets +€2,567
new in 2025: €2,567
- Reserves -€62,684
no longer reported in 2025 (was €62,684)
- Other debts +€39,173
up €39,173 (+33.8%), from €115,919 to €155,092
- Tax, wage and social debts -€12,107
down €12,107 (-52.4%), from €23,103 to €10,996
- Gross operating margin +€3,805
up €3,805 (+2.5%), from €152,201 to €156,006
- Financial income -€1,877
down €1,877 (-92.7%), from €2,024 to €147
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 | €224,942 | €189,226 | -€35,716 | -15.9% |
| Fixed assets | 21/28 | - | €2,567 | +€2,567 | |
| Tangible fixed assets | 22/27 | - | €2,567 | +€2,567 | |
| Furniture and vehicles | 24 | - | €2,567 | +€2,567 | |
| Current assets | 29/58 | €224,942 | €186,659 | -€38,283 | -17.0% |
| Amounts receivable within one year | 40/41 | €106,186 | €95,722 | -€10,464 | -9.9% |
| Trade receivables | 40 | €96,008 | €92,058 | -€3,950 | -4.1% |
| Other amounts receivable | 41 | €10,178 | €3,664 | -€6,513 | -64.0% |
| Current investments | 50/53 | €19,518 | €37,664 | +€18,147 | +93.0% |
| Cash at bank and in hand | 54/58 | €96,671 | €50,538 | -€46,133 | -47.7% |
| Deferred charges and accrued income | 490/1 | €2,568 | €2,735 | +€167 | +6.5% |
| Total equity and liabilities | 10/49 | €224,942 | €189,226 | -€35,716 | -15.9% |
| Equity | 10/15 | €81,284 | €18,600 | -€62,684 | -77.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,684 | - | -€62,684 | |
| Distributable reserves | 133 | €62,684 | - | -€62,684 | |
| Amounts payable | 17/49 | €143,658 | €170,626 | +€26,968 | +18.8% |
| Amounts payable within one year | 42/48 | €143,658 | €170,626 | +€26,968 | +18.8% |
| Trade debts | 44 | €4,636 | €4,538 | -€98 | -2.1% |
| Suppliers | 440/4 | €4,636 | €4,538 | -€98 | -2.1% |
| Taxes, remuneration and social security | 45 | €23,103 | €10,996 | -€12,107 | -52.4% |
| Taxes | 450/3 | €23,103 | €10,996 | -€12,107 | -52.4% |
| Other amounts payable | 47/48 | €115,919 | €155,092 | +€39,173 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,065 | +€1,065 | |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Gross operating margin | 9900 | €152,201 | €156,006 | +€3,805 | +2.5% |
| Operating profit (loss) | 9901 | €151,474 | €154,190 | +€2,717 | +1.8% |
| Financial income | 75/76B | €2,024 | €147 | -€1,877 | -92.7% |
| Recurring financial income | 75 | €2,024 | €147 | -€1,877 | -92.7% |
| Financial charges | 65/66B | €203 | €79 | -€123 | -60.8% |
| Recurring financial charges | 65 | €203 | €79 | -€123 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €153,295 | €154,258 | +€963 | +0.6% |
| Income taxes | 67/77 | €35,078 | €35,952 | +€874 | +2.5% |
| Profit (loss) for the period | 9904 | €118,217 | €118,306 | +€89 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,217 | €118,306 | +€89 | +0.1% |
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 8 October 2026 via checked.be.