ILS3 Benelux: 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.
ILS3 Benelux
Largest movements
- Receivables within one year -€26,437
down €26,437 (-51.4%), from €51,469 to €25,032
of which Trade receivables: -€38,333
- Cash +€11,967
up €11,967 (+15.5%), from €76,968 to €88,935
mainly Receivables within one year (+€26,437) and Net result for the year (+€7,566)
- Stocks and contracts +€5,332
up €5,332 (+18.9%), from €28,209 to €33,541
- Trade debts -€17,927
down €17,927 (-83.1%), from €21,561 to €3,634
- Reserves +€7,566
up €7,566 (+16.2%), from €46,568 to €54,134
of which Distributable reserves: +€7,566
- Tax, wage and social debts -€2,283
down €2,283 (-17.3%), from €13,201 to €10,918
of which Remuneration and social security: -€2,000
- Gross operating margin -€21,424
down €21,424 (-63.3%), from €33,871 to €12,447
- Taxes -€9,922
down €9,922 (-75.3%), from €13,172 to €3,250
- Financial charges -€877
down €877 (-32.5%), from €2,701 to €1,824
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 | €158,951 | €148,698 | -€10,253 | -6.5% |
| Fixed assets | 21/28 | €2,305 | €1,190 | -€1,115 | -48.4% |
| Tangible fixed assets | 22/27 | €2,305 | €1,190 | -€1,115 | -48.4% |
| Plant, machinery and equipment | 23 | €2,305 | €1,190 | -€1,115 | -48.4% |
| Current assets | 29/58 | €156,646 | €147,508 | -€9,138 | -5.8% |
| Stocks and contracts in progress | 3 | €28,209 | €33,541 | +€5,332 | +18.9% |
| Stocks | 30/36 | €28,209 | €33,541 | +€5,332 | +18.9% |
| Amounts receivable within one year | 40/41 | €51,469 | €25,032 | -€26,437 | -51.4% |
| Trade receivables | 40 | €47,758 | €9,425 | -€38,333 | -80.3% |
| Other amounts receivable | 41 | €3,711 | €15,607 | +€11,896 | +321% |
| Cash at bank and in hand | 54/58 | €76,968 | €88,935 | +€11,967 | +15.5% |
| Total equity and liabilities | 10/49 | €158,951 | €148,698 | -€10,253 | -6.5% |
| Equity | 10/15 | €91,568 | €99,134 | +€7,566 | +8.3% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €46,568 | €54,134 | +€7,566 | +16.2% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €42,068 | €49,634 | +€7,566 | +18.0% |
| Amounts payable | 17/49 | €67,383 | €49,564 | -€17,819 | -26.4% |
| Amounts payable within one year | 42/48 | €62,783 | €43,964 | -€18,819 | -30.0% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Other loans | 439 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €21,561 | €3,634 | -€17,927 | -83.1% |
| Suppliers | 440/4 | €21,561 | €3,634 | -€17,927 | -83.1% |
| Taxes, remuneration and social security | 45 | €13,201 | €10,918 | -€2,283 | -17.3% |
| Taxes | 450/3 | €9,201 | €8,918 | -€283 | -3.1% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | €3,021 | €4,412 | +€1,391 | +46.0% |
| Accrued charges and deferred income | 492/3 | €4,600 | €5,600 | +€1,000 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,136 | €1,115 | -€21 | -1.8% |
| Other operating charges | 640/8 | €243 | €250 | +€7 | +2.9% |
| Gross operating margin | 9900 | €33,871 | €12,447 | -€21,424 | -63.3% |
| Operating profit (loss) | 9901 | €32,492 | €11,082 | -€21,410 | -65.9% |
| Financial income | 75/76B | €1,477 | €1,558 | +€81 | +5.5% |
| Recurring financial income | 75 | €1,477 | €1,558 | +€81 | +5.5% |
| Financial charges | 65/66B | €2,701 | €1,824 | -€877 | -32.5% |
| Recurring financial charges | 65 | €2,701 | €1,824 | -€877 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €31,268 | €10,816 | -€20,452 | -65.4% |
| Income taxes | 67/77 | €13,172 | €3,250 | -€9,922 | -75.3% |
| Profit (loss) for the period | 9904 | €18,096 | €7,566 | -€10,530 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,096 | €7,566 | -€10,530 | -58.2% |
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 27 October 2026 via checked.be.