ILWI Services: 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.
ILWI Services
Largest movements
- Receivables after one year -€28,416
down €28,416 (-32.8%), from €86,598 to €58,182
- Receivables within one year +€9,931
up €9,931 (+49.0%), from €20,263 to €30,194
of which Trade receivables: +€9,231
- Reserves -€49,821
down €49,821 (-23.3%), from €213,646 to €163,825
of which Non-distributable reserves: -€96,438
- Other debts +€28,142
up €28,142 (+215%), from €13,080 to €41,222
- Tax, wage and social debts +€4,932
up €4,932 (+31.8%), from €15,499 to €20,431
of which Taxes: +€5,232
- Write-downs +€5,317
new in 2025: €5,317
- Gross operating margin -€4,661
down €4,661 (-19.7%), from €23,650 to €18,989
- Taxes -€2,649
down €2,649 (-28.3%), from €9,349 to €6,700
- Financial charges +€1,980
up €1,980 (+4,689%), from €42 to €2,022
- Financial income +€1,606
up €1,606 (+126%), from €1,271 to €2,877
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,962 | €244,741 | -€18,221 | -6.9% |
| Fixed assets | 21/28 | €2,356 | €118 | -€2,238 | -95.0% |
| Tangible fixed assets | 22/27 | €2,356 | €118 | -€2,238 | -95.0% |
| Furniture and vehicles | 24 | €2,044 | €118 | -€1,926 | -94.2% |
| Assets under construction and advance payments | 27 | €312 | - | -€312 | |
| Current assets | 29/58 | €260,606 | €244,623 | -€15,983 | -6.1% |
| Amounts receivable after more than one year | 29 | €86,598 | €58,182 | -€28,416 | -32.8% |
| Other amounts receivable | 291 | €86,598 | €58,182 | -€28,416 | -32.8% |
| Amounts receivable within one year | 40/41 | €20,263 | €30,194 | +€9,931 | +49.0% |
| Trade receivables | 40 | €11,246 | €20,477 | +€9,231 | +82.1% |
| Other amounts receivable | 41 | €9,018 | €9,718 | +€700 | +7.8% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €150,734 | €151,908 | +€1,174 | +0.8% |
| Deferred charges and accrued income | 490/1 | €3,010 | €4,338 | +€1,327 | +44.1% |
| Total equity and liabilities | 10/49 | €262,962 | €244,741 | -€18,221 | -6.9% |
| Equity | 10/15 | €232,246 | €182,429 | -€49,817 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,646 | €163,825 | -€49,821 | -23.3% |
| Non-distributable reserves | 130/1 | €98,298 | €1,860 | -€96,438 | -98.1% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €96,438 | - | -€96,438 | |
| Tax-exempt reserves | 132 | €5,034 | €5,034 | = | 0.0% |
| Distributable reserves | 133 | €110,314 | €156,930 | +€46,617 | +42.3% |
| Profit (loss) carried forward | 14 | - | €4 | +€4 | |
| Amounts payable | 17/49 | €30,717 | €62,312 | +€31,595 | +103% |
| Amounts payable within one year | 42/48 | €30,717 | €62,312 | +€31,595 | +103% |
| Trade debts | 44 | €2,138 | €659 | -€1,479 | -69.2% |
| Suppliers | 440/4 | €2,138 | €659 | -€1,479 | -69.2% |
| Taxes, remuneration and social security | 45 | €15,499 | €20,431 | +€4,932 | +31.8% |
| Taxes | 450/3 | €15,199 | €20,431 | +€5,232 | +34.4% |
| Remuneration and social security | 454/9 | €300 | €0 | -€300 | -100% |
| Other amounts payable | 47/48 | €13,080 | €41,222 | +€28,142 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | €546 | -€1,520 | -73.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,317 | +€5,317 | |
| Other operating charges | 640/8 | €1,078 | €1,244 | +€166 | +15.4% |
| Gross operating margin | 9900 | €23,650 | €18,989 | -€4,661 | -19.7% |
| Operating profit (loss) | 9901 | €20,506 | €11,882 | -€8,623 | -42.1% |
| Financial income | 75/76B | €1,271 | €2,877 | +€1,606 | +126% |
| Recurring financial income | 75 | €1,271 | €2,877 | +€1,606 | +126% |
| Financial charges | 65/66B | €42 | €2,022 | +€1,980 | +4,689% |
| Recurring financial charges | 65 | €42 | €2,022 | +€1,980 | +4,689% |
| Profit (loss) for the period before taxes | 9903 | €21,734 | €12,738 | -€8,997 | -41.4% |
| Income taxes | 67/77 | €9,349 | €6,700 | -€2,649 | -28.3% |
| Profit (loss) for the period | 9904 | €12,385 | €6,037 | -€6,348 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,385 | €6,037 | -€6,348 | -51.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.