ILR GROUP: 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.
ILR GROUP
Largest movements
- Receivables after one year +€60,237
new in 2025: €60,237
- Financial fixed assets -€26,361
down €26,361 (-100%), from €26,361 to €0
- Tangible fixed assets -€14,198
down €14,198 (-91.9%), from €15,445 to €1,247
of which Furniture and vehicles: -€14,947
- Cash +€3,698
up €3,698 (+429%), from €863 to €4,560
mainly Investment in fixed assets (net) (+€40,263) and Net result for the year (+€20,989)
- Receivables within one year -€1,951
down €1,951 (-79.5%), from €2,455 to €504
of which Other amounts receivable: -€2,455
- Profit (loss) carried forward +€20,989
up €20,989 (+76.8%), from €27,329 to €48,318
- Tax, wage and social debts +€2,314
up €2,314 (+20.5%), from €11,280 to €13,594
- Trade debts -€2,285
down €2,285 (-35.2%), from €6,491 to €4,207
- Gross operating margin +€10,334
up €10,334 (+37.9%), from €27,259 to €37,594
- Other operating charges +€7,995
up €7,995 (+1,813%), from €441 to €8,436
- Financial income +€2,381
up €2,381 (+13,205%), from €18 to €2,399
- Taxes +€1,043
up €1,043 (+21.5%), from €4,843 to €5,886
- Depreciation -€523
down €523 (-42.9%), from €1,219 to €696
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 | €48,100 | €69,119 | +€21,019 | +43.7% |
| Fixed assets | 21/28 | €44,562 | €3,603 | -€40,959 | -91.9% |
| Intangible fixed assets | 21 | €2,756 | €2,356 | -€400 | -14.5% |
| Tangible fixed assets | 22/27 | €15,445 | €1,247 | -€14,198 | -91.9% |
| Plant, machinery and equipment | 23 | €498 | €1,247 | +€749 | +151% |
| Furniture and vehicles | 24 | €14,947 | €0 | -€14,947 | -100% |
| Financial fixed assets | 28 | €26,361 | €0 | -€26,361 | -100% |
| Current assets | 29/58 | €3,538 | €65,515 | +€61,977 | +1,752% |
| Amounts receivable after more than one year | 29 | - | €60,237 | +€60,237 | |
| Other amounts receivable | 291 | - | €60,237 | +€60,237 | |
| Amounts receivable within one year | 40/41 | €2,455 | €504 | -€1,951 | -79.5% |
| Trade receivables | 40 | €0 | €504 | +€504 | |
| Other amounts receivable | 41 | €2,455 | - | -€2,455 | |
| Cash at bank and in hand | 54/58 | €863 | €4,560 | +€3,698 | +429% |
| Deferred charges and accrued income | 490/1 | €220 | €213 | -€7 | -3.1% |
| Total equity and liabilities | 10/49 | €48,100 | €69,119 | +€21,019 | +43.7% |
| Equity | 10/15 | €30,329 | €51,318 | +€20,989 | +69.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,329 | €48,318 | +€20,989 | +76.8% |
| Amounts payable | 17/49 | €17,771 | €17,800 | +€30 | +0.2% |
| Amounts payable within one year | 42/48 | €17,771 | €17,800 | +€30 | +0.2% |
| Trade debts | 44 | €6,491 | €4,207 | -€2,285 | -35.2% |
| Suppliers | 440/4 | €6,491 | €4,207 | -€2,285 | -35.2% |
| Taxes, remuneration and social security | 45 | €11,280 | €13,594 | +€2,314 | +20.5% |
| Taxes | 450/3 | €11,280 | €13,594 | +€2,314 | +20.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €8,895 | €0 | -€8,895 | -100% |
| Remuneration, social security and pensions | 62 | €247 | - | -€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €696 | -€523 | -42.9% |
| Other operating charges | 640/8 | €441 | €8,436 | +€7,995 | +1,813% |
| Non-recurring operating charges | 66A | €2,998 | €3,325 | +€327 | +10.9% |
| Gross operating margin | 9900 | €27,259 | €37,594 | +€10,334 | +37.9% |
| Operating profit (loss) | 9901 | €22,355 | €25,137 | +€2,782 | +12.4% |
| Financial income | 75/76B | €18 | €2,399 | +€2,381 | +13,205% |
| Recurring financial income | 75 | €18 | €2,399 | +€2,381 | +13,205% |
| Financial charges | 65/66B | €577 | €660 | +€83 | +14.4% |
| Recurring financial charges | 65 | €577 | €660 | +€83 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €21,795 | €26,875 | +€5,080 | +23.3% |
| Income taxes | 67/77 | €4,843 | €5,886 | +€1,043 | +21.5% |
| Profit (loss) for the period | 9904 | €16,952 | €20,989 | +€4,037 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,952 | €20,989 | +€4,037 | +23.8% |
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 20 October 2026 via checked.be.