ILS: 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.
ILS
Largest movements
- Receivables within one year -€14,915
down €14,915 (-98.6%), from €15,123 to €207
of which Trade receivables: -€15,091
- Deferred charges and accrued income +€12,783
up €12,783 (+4317.3%), from €296 to €13,079
- Tangible fixed assets -€6,985
down €6,985 (-71.9%), from €9,716 to €2,731
of which Other tangible fixed assets: -€3,705
- Cash +€1,396
up €1,396 (+8.8%), from €15,922 to €17,318
mainly Receivables within one year (+€14,915) and Depreciation (+€6,984)
- Receivables after one year -€655
down €655 (-3.7%), from €17,869 to €17,214
- Profit (loss) carried forward -€4,529
down €4,529 (-21.8%), from €20,773 to €16,244
- Tax, wage and social debts -€2,875
down €2,875 (-33.7%), from €8,522 to €5,647
of which Taxes: -€2,875
- Current portion of long-term debt -€890
down €890 (-59.0%), from €1,508 to €618
- Gross operating margin -€4,534
down €4,534 (-33.8%), from €13,425 to €8,891
- Other operating charges -€1,767
down €1,767 (-42.9%), from €4,124 to €2,357
- Taxes -€1,694
down €1,694 (-30.7%), from €5,523 to €3,828
- Depreciation -€1,070
down €1,070 (-13.3%), from €8,054 to €6,984
- Financial charges -€220
down €220 (-27.4%), from €802 to €583
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 | €58,925 | €50,549 | -€8,376 | -14.2% |
| Fixed assets | 21/28 | €9,716 | €2,731 | -€6,985 | -71.9% |
| Tangible fixed assets | 22/27 | €9,716 | €2,731 | -€6,985 | -71.9% |
| Plant, machinery and equipment | 23 | €1,370 | €818 | -€552 | -40.3% |
| Furniture and vehicles | 24 | €4,641 | €1,913 | -€2,727 | -58.8% |
| Other tangible fixed assets | 26 | €3,705 | €0 | -€3,705 | -100.0% |
| Current assets | 29/58 | €49,209 | €47,818 | -€1,391 | -2.8% |
| Amounts receivable after more than one year | 29 | €17,869 | €17,214 | -€655 | -3.7% |
| Other amounts receivable | 291 | €17,869 | €17,214 | -€655 | -3.7% |
| Amounts receivable within one year | 40/41 | €15,123 | €207 | -€14,915 | -98.6% |
| Trade receivables | 40 | €15,091 | €0 | -€15,091 | -100.0% |
| Other amounts receivable | 41 | €32 | €207 | +€175 | +554.1% |
| Cash at bank and in hand | 54/58 | €15,922 | €17,318 | +€1,396 | +8.8% |
| Deferred charges and accrued income | 490/1 | €296 | €13,079 | +€12,783 | +4317.3% |
| Total equity and liabilities | 10/49 | €58,925 | €50,549 | -€8,376 | -14.2% |
| Equity | 10/15 | €35,033 | €30,504 | -€4,529 | -12.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,773 | €16,244 | -€4,529 | -21.8% |
| Amounts payable | 17/49 | €23,892 | €20,045 | -€3,847 | -16.1% |
| Amounts payable within one year | 42/48 | €23,892 | €19,891 | -€4,001 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €1,508 | €618 | -€890 | -59.0% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €9,863 | €9,626 | -€236 | -2.4% |
| Suppliers | 440/4 | €9,863 | €9,626 | -€236 | -2.4% |
| Taxes, remuneration and social security | 45 | €8,522 | €5,647 | -€2,875 | -33.7% |
| Taxes | 450/3 | €8,522 | €5,647 | -€2,875 | -33.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €154 | +€154 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,054 | €6,984 | -€1,070 | -13.3% |
| Other operating charges | 640/8 | €4,124 | €2,357 | -€1,767 | -42.9% |
| Gross operating margin | 9900 | €13,425 | €8,891 | -€4,534 | -33.8% |
| Operating profit (loss) | 9901 | €1,247 | -€450 | -€1,697 | |
| Financial income | 75/76B | €406 | €332 | -€74 | -18.2% |
| Recurring financial income | 75 | €406 | €332 | -€74 | -18.2% |
| Financial charges | 65/66B | €802 | €583 | -€220 | -27.4% |
| Recurring financial charges | 65 | €802 | €583 | -€220 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €850 | -€701 | -€1,551 | |
| Income taxes | 67/77 | €5,523 | €3,828 | -€1,694 | -30.7% |
| Profit (loss) for the period | 9904 | -€4,672 | -€4,529 | +€144 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,672 | -€4,529 | +€144 | +3.1% |
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 9 October 2026 via checked.be.