ILSD: what changed
ILSD
Largest movements
- Stocks and contracts +€73,752
new in 2023: €73,752
- Tangible fixed assets +€38,536
new in 2023: €38,536
- Receivables within one year +€24,895
up €24,895 (+39.1%), from €63,655 to €88,550
- Cash -€16,981
down €16,981 (-23.2%), from €73,284 to €56,304
mainly Net result for the year (-€100,732) and Stocks and contracts (-€73,752)
- Trade debts +€209,169
up €209,169 (+654%), from €31,991 to €241,159
- Profit (loss) carried forward -€100,732
down €100,732, from €38,922 to -€61,810
- Other debts +€7,508
up €7,508 (+20.9%), from €35,897 to €43,406
- Tax, wage and social debts +€5,256
up €5,256 (+32.6%), from €16,130 to €21,386
of which Taxes: +€11,946
- Gross operating margin -€271,276
down €271,276, from €235,043 to -€36,232
- Write-downs -€119,720
down €119,720 (-100%), from €119,720 to €0
- Depreciation -€39,670
down €39,670 (-96.3%), from €41,190 to €1,520
- Staff costs -€15,356
down €15,356 (-47.1%), from €32,617 to €17,261
- Taxes +€9,610
new in 2023: €9,610
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,940 | €258,141 | +€121,201 | +88.5% |
| Fixed assets | 21/28 | - | €38,536 | +€38,536 | |
| Tangible fixed assets | 22/27 | - | €38,536 | +€38,536 | |
| Plant, machinery and equipment | 23 | - | €38,536 | +€38,536 | |
| Current assets | 29/58 | €136,940 | €219,606 | +€82,666 | +60.4% |
| Amounts receivable after more than one year | 29 | - | €1,000 | +€1,000 | |
| Trade receivables | 290 | - | €1,000 | +€1,000 | |
| Stocks and contracts in progress | 3 | - | €73,752 | +€73,752 | |
| Stocks | 30/36 | - | €73,752 | +€73,752 | |
| Amounts receivable within one year | 40/41 | €63,655 | €88,550 | +€24,895 | +39.1% |
| Other amounts receivable | 41 | €63,655 | €88,550 | +€24,895 | +39.1% |
| Cash at bank and in hand | 54/58 | €73,284 | €56,304 | -€16,981 | -23.2% |
| Total equity and liabilities | 10/49 | €136,940 | €258,141 | +€121,201 | +88.5% |
| Equity | 10/15 | €52,922 | -€47,810 | -€100,732 | |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,922 | -€61,810 | -€100,732 | |
| Amounts payable | 17/49 | €84,018 | €305,951 | +€221,933 | +264% |
| Amounts payable within one year | 42/48 | €84,018 | €305,951 | +€221,933 | +264% |
| Trade debts | 44 | €31,991 | €241,159 | +€209,169 | +654% |
| Suppliers | 440/4 | €31,991 | €241,159 | +€209,169 | +654% |
| Taxes, remuneration and social security | 45 | €16,130 | €21,386 | +€5,256 | +32.6% |
| Taxes | 450/3 | €2,024 | €13,970 | +€11,946 | +590% |
| Remuneration and social security | 454/9 | €14,105 | €7,416 | -€6,690 | -47.4% |
| Other amounts payable | 47/48 | €35,897 | €43,406 | +€7,508 | +20.9% |
| Non-recurring operating income | 76A | €230,751 | €3,071 | -€227,680 | -98.7% |
| Remuneration, social security and pensions | 62 | €32,617 | €17,261 | -€15,356 | -47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,190 | €1,520 | -€39,670 | -96.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €119,720 | €0 | -€119,720 | -100% |
| Other operating charges | 640/8 | €534 | €1,082 | +€548 | +103% |
| Non-recurring operating charges | 66A | - | €34,077 | +€34,077 | |
| Gross operating margin | 9900 | €235,043 | -€36,232 | -€271,276 | |
| Operating profit (loss) | 9901 | €40,983 | -€90,172 | -€131,155 | |
| Financial income | 75/76B | - | €872 | +€872 | |
| Recurring financial income | 75 | - | €872 | +€872 | |
| Financial charges | 65/66B | €5,257 | €1,821 | -€3,436 | -65.4% |
| Recurring financial charges | 65 | €5,257 | €1,821 | -€3,436 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | €35,726 | -€91,121 | -€126,847 | |
| Income taxes | 67/77 | - | €9,610 | +€9,610 | |
| Profit (loss) for the period | 9904 | €35,726 | -€100,732 | -€136,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,726 | -€100,732 | -€136,457 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.