ILEVAN: 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.
ILEVAN
Largest movements
- Cash -€136,241
down €136,241 (-34.7%), from €392,212 to €255,971
mainly Contributions, distributions and other (-€185,000) and Net result for the year (-€24,193)
- Tangible fixed assets -€14,092
down €14,092 (-26.1%), from €54,021 to €39,929
of which Furniture and vehicles: -€13,402
- Reserves -€209,193
down €209,193 (-74.1%), from €282,499 to €73,306
- Other debts +€78,210
up €78,210 (+73.2%), from €106,790 to €185,000
- Tax, wage and social debts -€11,323
down €11,323 (-98.0%), from €11,555 to €232
- Debts after one year -€7,960
down €7,960 (-31.1%), from €25,622 to €17,663
- Gross operating margin -€392,786
down €392,786, from €382,762 to -€10,024
- Taxes -€81,624
down €81,624 (-99.7%), from €81,856 to €232
- Staff costs -€51,356
no longer reported in 2025 (was €51,356)
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 | €452,920 | €303,129 | -€149,792 | -33.1% |
| Fixed assets | 21/28 | €54,021 | €39,929 | -€14,092 | -26.1% |
| Tangible fixed assets | 22/27 | €54,021 | €39,929 | -€14,092 | -26.1% |
| Plant, machinery and equipment | 23 | €2,299 | €1,609 | -€689 | -30.0% |
| Furniture and vehicles | 24 | €51,722 | €38,319 | -€13,402 | -25.9% |
| Current assets | 29/58 | €398,900 | €263,200 | -€135,700 | -34.0% |
| Amounts receivable within one year | 40/41 | €6,652 | €7,167 | +€515 | +7.7% |
| Trade receivables | 40 | €6,652 | - | -€6,652 | |
| Other amounts receivable | 41 | - | €7,167 | +€7,167 | |
| Cash at bank and in hand | 54/58 | €392,212 | €255,971 | -€136,241 | -34.7% |
| Deferred charges and accrued income | 490/1 | €36 | €62 | +€26 | +70.5% |
| Total equity and liabilities | 10/49 | €452,920 | €303,129 | -€149,792 | -33.1% |
| Equity | 10/15 | €301,049 | €91,856 | -€209,193 | -69.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €282,499 | €73,306 | -€209,193 | -74.1% |
| Distributable reserves | 133 | €282,499 | €73,306 | -€209,193 | -74.1% |
| Amounts payable | 17/49 | €151,871 | €211,273 | +€59,402 | +39.1% |
| Amounts payable after more than one year | 17 | €25,622 | €17,663 | -€7,960 | -31.1% |
| Financial debts | 170/4 | €25,622 | €17,663 | -€7,960 | -31.1% |
| Amounts payable within one year | 42/48 | €126,249 | €193,610 | +€67,361 | +53.4% |
| Current portion of amounts payable after more than one year | 42 | €7,641 | €7,960 | +€318 | +4.2% |
| Trade debts | 44 | €262 | €418 | +€156 | +59.5% |
| Suppliers | 440/4 | €262 | €418 | +€156 | +59.5% |
| Taxes, remuneration and social security | 45 | €11,555 | €232 | -€11,323 | -98.0% |
| Taxes | 450/3 | €11,555 | €232 | -€11,323 | -98.0% |
| Other amounts payable | 47/48 | €106,790 | €185,000 | +€78,210 | +73.2% |
| Non-recurring operating income | 76A | €241,430 | - | -€241,430 | |
| Remuneration, social security and pensions | 62 | €51,356 | - | -€51,356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,028 | €14,092 | +€64 | +0.5% |
| Other operating charges | 640/8 | €1,992 | €795 | -€1,197 | -60.1% |
| Gross operating margin | 9900 | €382,762 | -€10,024 | -€392,786 | |
| Operating profit (loss) | 9901 | €315,386 | -€24,911 | -€340,296 | |
| Financial income | 75/76B | €1,020 | €2,450 | +€1,430 | +140% |
| Recurring financial income | 75 | €1,020 | €2,450 | +€1,430 | +140% |
| Financial charges | 65/66B | €3,217 | €1,501 | -€1,716 | -53.3% |
| Recurring financial charges | 65 | €3,217 | €1,501 | -€1,716 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €313,189 | -€23,961 | -€337,151 | |
| Income taxes | 67/77 | €81,856 | €232 | -€81,624 | -99.7% |
| Profit (loss) for the period | 9904 | €231,333 | -€24,193 | -€255,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €231,333 | -€24,193 | -€255,526 |
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 14 October 2026 via checked.be.