ILVRIS IMMO: what changed
Two fiscal 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.
ILVRIS IMMO
Largest movements
- Receivables within one year -€271,452
down €271,452 (-91.7%), from €296,094 to €24,642
of which Trade receivables: -€171,881
- Cash -€207,979
down €207,979 (-47.0%), from €442,373 to €234,394
mainly Trade debts (-€532,010) and Debts after one year (-€231,002)
- Tangible fixed assets -€152,526
down €152,526 (-4.1%), from €3.7m to €3.6m
of which Other tangible fixed assets: -€91,715
- Trade debts -€532,010
down €532,010 (-99.5%), from €534,524 to €2,514
- Debts after one year -€231,002
down €231,002 (-6.4%), from €3.6m to €3.4m
- Other debts +€105,166
up €105,166 (+16.4%), from €639,670 to €744,836
- Gross operating margin +€294,474
up €294,474 (+687.2%), from €42,849 to €337,323
- Depreciation +€61,347
up €61,347 (+60.9%), from €100,714 to €162,061
- Financial charges -€38,125
down €38,125 (-15.7%), from €242,482 to €204,357
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 | €4,451,839 | €3,818,271 | -€633,569 | -14.2% |
| Fixed assets | 21/28 | €3,711,762 | €3,559,235 | -€152,526 | -4.1% |
| Tangible fixed assets | 22/27 | €3,711,762 | €3,559,235 | -€152,526 | -4.1% |
| Land and buildings | 22 | €2,801,416 | €2,740,294 | -€61,122 | -2.2% |
| Furniture and vehicles | 24 | €6,553 | €6,863 | +€310 | +4.7% |
| Other tangible fixed assets | 26 | €903,793 | €812,078 | -€91,715 | -10.1% |
| Current assets | 29/58 | €740,078 | €259,036 | -€481,042 | -65.0% |
| Amounts receivable within one year | 40/41 | €296,094 | €24,642 | -€271,452 | -91.7% |
| Trade receivables | 40 | €176,000 | €4,119 | -€171,881 | -97.7% |
| Other amounts receivable | 41 | €120,094 | €20,523 | -€99,572 | -82.9% |
| Cash at bank and in hand | 54/58 | €442,373 | €234,394 | -€207,979 | -47.0% |
| Deferred charges and accrued income | 490/1 | €1,611 | - | -€1,611 | |
| Total equity and liabilities | 10/49 | €4,451,839 | €3,818,271 | -€633,569 | -14.2% |
| Equity | 10/15 | -€446,246 | -€475,681 | -€29,435 | -6.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€452,246 | -€481,681 | -€29,435 | -6.5% |
| Amounts payable | 17/49 | €4,898,086 | €4,293,952 | -€604,134 | -12.3% |
| Amounts payable after more than one year | 17 | €3,629,289 | €3,398,287 | -€231,002 | -6.4% |
| Financial debts | 170/4 | €3,629,289 | €3,398,287 | -€231,002 | -6.4% |
| Amounts payable within one year | 42/48 | €1,268,797 | €895,665 | -€373,132 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €94,603 | €135,670 | +€41,067 | +43.4% |
| Trade debts | 44 | €534,524 | €2,514 | -€532,010 | -99.5% |
| Suppliers | 440/4 | €534,524 | €2,514 | -€532,010 | -99.5% |
| Taxes, remuneration and social security | 45 | - | €12,645 | +€12,645 | |
| Taxes | 450/3 | - | €12,645 | +€12,645 | |
| Other amounts payable | 47/48 | €639,670 | €744,836 | +€105,166 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,714 | €162,061 | +€61,347 | +60.9% |
| Other operating charges | 640/8 | €394 | €1,424 | +€1,029 | +261.1% |
| Gross operating margin | 9900 | €42,849 | €337,323 | +€294,474 | +687.2% |
| Operating profit (loss) | 9901 | -€58,259 | €173,839 | +€232,098 | |
| Financial income | 75/76B | €1,710 | €1,083 | -€627 | -36.7% |
| Recurring financial income | 75 | €1,710 | €1,083 | -€627 | -36.7% |
| Financial charges | 65/66B | €242,482 | €204,357 | -€38,125 | -15.7% |
| Recurring financial charges | 65 | €242,482 | €204,357 | -€38,125 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€299,031 | -€29,435 | +€269,596 | +90.2% |
| Profit (loss) for the period | 9904 | -€299,031 | -€29,435 | +€269,596 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€299,031 | -€29,435 | +€269,596 | +90.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.