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 +€27,419
up €27,419 (+1306.5%), from €2,099 to €29,518
of which Trade receivables: +€27,396
- Tangible fixed assets +€18,725
new in 2025: €18,725
of which Plant, machinery and equipment: +€17,275
- Cash +€2,019
up €2,019 (+1326.8%), from €152 to €2,171
mainly Other debts (+€38,788) and Trade debts (+€23,109)
- Other debts +€38,788
up €38,788 (+3940.1%), from €984 to €39,773
- Trade debts +€23,109
up €23,109 (+1248.6%), from €1,851 to €24,960
- Profit (loss) carried forward -€13,735
down €13,735 (-169.9%), from -€8,084 to -€21,820
- Gross operating margin -€6,717
down €6,717 (-167.8%), from -€4,003 to -€10,719
- Depreciation +€1,530
new in 2025: €1,530
- Staff costs -€1,387
down €1,387 (-65.6%), from €2,114 to €728
- Other operating charges -€1,310
down €1,310 (-70.1%), from €1,868 to €558
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 | €2,251 | €50,413 | +€48,162 | +2139.8% |
| Fixed assets | 21/28 | - | €18,725 | +€18,725 | |
| Tangible fixed assets | 22/27 | - | €18,725 | +€18,725 | |
| Plant, machinery and equipment | 23 | - | €17,275 | +€17,275 | |
| Furniture and vehicles | 24 | - | €1,449 | +€1,449 | |
| Current assets | 29/58 | €2,251 | €31,689 | +€29,438 | +1307.9% |
| Amounts receivable within one year | 40/41 | €2,099 | €29,518 | +€27,419 | +1306.5% |
| Trade receivables | 40 | €2,006 | €29,402 | +€27,396 | +1365.6% |
| Other amounts receivable | 41 | €93 | €116 | +€23 | +25.1% |
| Cash at bank and in hand | 54/58 | €152 | €2,171 | +€2,019 | +1326.8% |
| Total equity and liabilities | 10/49 | €2,251 | €50,413 | +€48,162 | +2139.8% |
| Equity | 10/15 | -€584 | -€14,320 | -€13,735 | -2350.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,084 | -€21,820 | -€13,735 | -169.9% |
| Amounts payable | 17/49 | €2,835 | €64,733 | +€61,897 | +2183.1% |
| Amounts payable within one year | 42/48 | €2,835 | €64,733 | +€61,897 | +2183.1% |
| Trade debts | 44 | €1,851 | €24,960 | +€23,109 | +1248.6% |
| Suppliers | 440/4 | €1,851 | €24,960 | +€23,109 | +1248.6% |
| Other amounts payable | 47/48 | €984 | €39,773 | +€38,788 | +3940.1% |
| Remuneration, social security and pensions | 62 | €2,114 | €728 | -€1,387 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,530 | +€1,530 | |
| Other operating charges | 640/8 | €1,868 | €558 | -€1,310 | -70.1% |
| Gross operating margin | 9900 | -€4,003 | -€10,719 | -€6,717 | -167.8% |
| Operating profit (loss) | 9901 | -€7,985 | -€13,535 | -€5,550 | -69.5% |
| Financial income | 75/76B | €0 | €2 | +€2 | +7400.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +7400.0% |
| Financial charges | 65/66B | €99 | €202 | +€103 | +103.2% |
| Recurring financial charges | 65 | €99 | €202 | +€103 | +103.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,084 | -€13,735 | -€5,651 | -69.9% |
| Profit (loss) for the period | 9904 | -€8,084 | -€13,735 | -€5,651 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,084 | -€13,735 | -€5,651 | -69.9% |
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 10 October 2026 via checked.be.