ILOT SACRE - COMMERCE: 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.
ILOT SACRE - COMMERCE
Largest movements
- Receivables within one year +€152,365
up €152,365 (+18.8%), from €811,687 to €964,051
of which Trade receivables: +€152,365
- Tangible fixed assets +€44,282
up €44,282 (+1.7%), from €2.6m to €2.7m
- Other debts +€395,954
up €395,954 (+11.5%), from €3.5m to €3.9m
- Profit (loss) carried forward -€86,435
down €86,435 (-6.0%), from -€1.4m to -€1.5m
- Debts after one year -€77,500
down €77,500 (-15.0%), from €518,336 to €440,836
- Gross operating margin -€140,871
down €140,871 (-33.5%), from €419,956 to €279,085
- Other operating charges +€31,492
up €31,492 (+293%), from €10,737 to €42,230
- Depreciation +€12,276
up €12,276 (+6.6%), from €185,442 to €197,718
- Financial charges -€7,242
down €7,242 (-5.5%), from €132,816 to €125,573
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 | €3,442,097 | €3,678,268 | +€236,170 | +6.9% |
| Fixed assets | 21/28 | €2,630,000 | €2,674,283 | +€44,282 | +1.7% |
| Tangible fixed assets | 22/27 | €2,630,000 | €2,674,283 | +€44,282 | +1.7% |
| Land and buildings | 22 | €2,630,000 | €2,674,283 | +€44,282 | +1.7% |
| Current assets | 29/58 | €812,097 | €1,003,985 | +€191,888 | +23.6% |
| Stocks and contracts in progress | 3 | - | €24,200 | +€24,200 | |
| Stocks | 30/36 | - | €24,200 | +€24,200 | |
| Amounts receivable within one year | 40/41 | €811,687 | €964,051 | +€152,365 | +18.8% |
| Trade receivables | 40 | €208,338 | €360,703 | +€152,365 | +73.1% |
| Other amounts receivable | 41 | €603,348 | €603,348 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €411 | €15,734 | +€15,323 | +3,731% |
| Total equity and liabilities | 10/49 | €3,442,097 | €3,678,268 | +€236,170 | +6.9% |
| Equity | 10/15 | -€1,332,779 | -€1,419,214 | -€86,435 | -6.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,432,779 | -€1,519,214 | -€86,435 | -6.0% |
| Amounts payable | 17/49 | €4,774,877 | €5,097,482 | +€322,605 | +6.8% |
| Amounts payable after more than one year | 17 | €518,336 | €440,836 | -€77,500 | -15.0% |
| Financial debts | 170/4 | €518,336 | €440,836 | -€77,500 | -15.0% |
| Amounts payable within one year | 42/48 | €4,256,541 | €4,656,646 | +€400,105 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €77,500 | €77,500 | = | 0.0% |
| Financial debts | 43 | €117,107 | €110,734 | -€6,373 | -5.4% |
| Credit institutions | 430/8 | €2,835 | - | -€2,835 | |
| Other loans | 439 | €114,271 | €110,734 | -€3,538 | -3.1% |
| Trade debts | 44 | €2,368 | €12,892 | +€10,524 | +444% |
| Suppliers | 440/4 | €2,368 | €12,892 | +€10,524 | +444% |
| Taxes, remuneration and social security | 45 | €602,840 | €602,840 | = | 0.0% |
| Taxes | 450/3 | €602,840 | €602,840 | = | 0.0% |
| Other amounts payable | 47/48 | €3,456,726 | €3,852,680 | +€395,954 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,442 | €197,718 | +€12,276 | +6.6% |
| Other operating charges | 640/8 | €10,737 | €42,230 | +€31,492 | +293% |
| Gross operating margin | 9900 | €419,956 | €279,085 | -€140,871 | -33.5% |
| Operating profit (loss) | 9901 | €223,777 | €39,138 | -€184,639 | -82.5% |
| Financial charges | 65/66B | €132,816 | €125,573 | -€7,242 | -5.5% |
| Recurring financial charges | 65 | €132,816 | €125,573 | -€7,242 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €90,962 | -€86,435 | -€177,396 | |
| Profit (loss) for the period | 9904 | €90,962 | -€86,435 | -€177,396 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,962 | -€86,435 | -€177,396 |
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 19 October 2026 via checked.be.