ILVRIS LIGHT & EVENTS: 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.
ILVRIS LIGHT & EVENTS
Largest movements
- Cash -€272,700
down €272,700 (-26.0%), from €1.0m to €774,141
mainly Trade debts (-€598,388) and Advances received (-€276,700)
- Receivables within one year +€100,517
up €100,517 (+7.8%), from €1.3m to €1.4m
of which Other amounts receivable: +€132,253
- Tangible fixed assets +€45,127
up €45,127 (+129%), from €35,010 to €80,137
of which Plant, machinery and equipment: +€26,828
- Stocks and contracts -€30,271
down €30,271 (-10.3%), from €293,741 to €263,470
- Other debts +€763,545
up €763,545 (+696%), from €109,680 to €873,226
- Trade debts -€598,388
down €598,388 (-66.4%), from €901,479 to €303,091
- Advances received -€276,700
down €276,700 (-34.2%), from €809,004 to €532,304
- Tax, wage and social debts -€170,355
down €170,355 (-90.5%), from €188,248 to €17,892
of which Taxes: -€174,604
- Reserves +€128,849
up €128,849 (+19.6%), from €658,790 to €787,639
- Gross operating margin +€177,028
up €177,028 (+342%), from €51,705 to €228,733
- Taxes +€47,087
up €47,087 (+332%), from €14,204 to €61,291
- Staff costs +€23,236
new in 2025: €23,236
- Financial charges +€20,239
up €20,239 (+1,269%), from €1,594 to €21,833
- Financial income +€19,939
up €19,939 (+23,435%), from €85 to €20,024
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 | €2,670,214 | €2,517,153 | -€153,061 | -5.7% |
| Fixed assets | 21/28 | €37,672 | €82,983 | +€45,311 | +120% |
| Tangible fixed assets | 22/27 | €35,010 | €80,137 | +€45,127 | +129% |
| Land and buildings | 22 | - | €4,300 | +€4,300 | |
| Plant, machinery and equipment | 23 | €347 | €27,175 | +€26,828 | +7,724% |
| Furniture and vehicles | 24 | €34,663 | €46,357 | +€11,694 | +33.7% |
| Other tangible fixed assets | 26 | - | €2,304 | +€2,304 | |
| Financial fixed assets | 28 | €2,662 | €2,846 | +€184 | +6.9% |
| Current assets | 29/58 | €2,632,542 | €2,434,170 | -€198,372 | -7.5% |
| Stocks and contracts in progress | 3 | €293,741 | €263,470 | -€30,271 | -10.3% |
| Stocks | 30/36 | €293,741 | €263,470 | -€30,271 | -10.3% |
| Amounts receivable within one year | 40/41 | €1,288,103 | €1,388,621 | +€100,517 | +7.8% |
| Trade receivables | 40 | €519,216 | €487,480 | -€31,736 | -6.1% |
| Other amounts receivable | 41 | €768,888 | €901,141 | +€132,253 | +17.2% |
| Cash at bank and in hand | 54/58 | €1,046,841 | €774,141 | -€272,700 | -26.0% |
| Deferred charges and accrued income | 490/1 | €3,856 | €7,938 | +€4,082 | +106% |
| Total equity and liabilities | 10/49 | €2,670,214 | €2,517,153 | -€153,061 | -5.7% |
| Equity | 10/15 | €661,790 | €790,639 | +€128,849 | +19.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €658,790 | €787,639 | +€128,849 | +19.6% |
| Distributable reserves | 133 | €658,790 | €787,639 | +€128,849 | +19.6% |
| Amounts payable | 17/49 | €2,008,424 | €1,726,513 | -€281,911 | -14.0% |
| Amounts payable within one year | 42/48 | €2,008,411 | €1,726,513 | -€281,898 | -14.0% |
| Trade debts | 44 | €901,479 | €303,091 | -€598,388 | -66.4% |
| Suppliers | 440/4 | €901,479 | €303,091 | -€598,388 | -66.4% |
| Advances received on contracts in progress | 46 | €809,004 | €532,304 | -€276,700 | -34.2% |
| Taxes, remuneration and social security | 45 | €188,248 | €17,892 | -€170,355 | -90.5% |
| Taxes | 450/3 | €188,248 | €13,643 | -€174,604 | -92.8% |
| Remuneration and social security | 454/9 | - | €4,249 | +€4,249 | |
| Other amounts payable | 47/48 | €109,680 | €873,226 | +€763,545 | +696% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Remuneration, social security and pensions | 62 | - | €23,236 | +€23,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | €10,174 | +€7,743 | +318% |
| Other operating charges | 640/8 | €4,612 | €3,373 | -€1,238 | -26.9% |
| Gross operating margin | 9900 | €51,705 | €228,733 | +€177,028 | +342% |
| Operating profit (loss) | 9901 | €44,662 | €191,950 | +€147,288 | +330% |
| Financial income | 75/76B | €85 | €20,024 | +€19,939 | +23,435% |
| Recurring financial income | 75 | €85 | €20,024 | +€19,939 | +23,435% |
| Financial charges | 65/66B | €1,594 | €21,833 | +€20,239 | +1,269% |
| Recurring financial charges | 65 | €1,594 | €21,833 | +€20,239 | +1,269% |
| Profit (loss) for the period before taxes | 9903 | €43,153 | €190,140 | +€146,987 | +341% |
| Income taxes | 67/77 | €14,204 | €61,291 | +€47,087 | +332% |
| Profit (loss) for the period | 9904 | €28,949 | €128,849 | +€99,900 | +345% |
| Profit (loss) for the period to be appropriated | 9905 | €28,949 | €128,849 | +€99,900 | +345% |
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.