EIRE: 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.
EIRE
Largest movements
- Tangible fixed assets +€42,286
up €42,286 (+164.7%), from €25,675 to €67,960
of which Furniture and vehicles: +€44,249
- Receivables within one year +€6,340
up €6,340 (+39.1%), from €16,234 to €22,574
of which Other amounts receivable: +€4,153
- Cash -€6,276
down €6,276 (-15.0%), from €41,713 to €35,438
mainly Investment in fixed assets (net) (-€48,520) and Trade debts (-€7,159)
- Debts after one year +€33,933
up €33,933 (+119.1%), from €28,500 to €62,433
- Reserves +€19,055
up €19,055 (+179.2%), from €10,634 to €29,689
- Advances received +€7,654
new in 2025: €7,654
- Trade debts -€7,159
down €7,159 (-68.9%), from €10,384 to €3,225
- Current portion of long-term debt -€6,097
down €6,097 (-40.5%), from €15,065 to €8,967
- Gross operating margin +€23,766
up €23,766 (+107.1%), from €22,181 to €45,947
- Taxes +€9,968
up €9,968 (+415.2%), from €2,401 to €12,369
- Write-downs -€5,167
down €5,167 (-100.0%), from €5,167 to €0
- Financial charges +€2,345
up €2,345 (+98.4%), from €2,383 to €4,728
of which Non-recurring financial charges: +€2,520
- Other operating charges -€789
down €789 (-18.7%), from €4,221 to €3,432
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 | €85,889 | €128,612 | +€42,723 | +49.7% |
| Fixed assets | 21/28 | €25,675 | €67,960 | +€42,286 | +164.7% |
| Tangible fixed assets | 22/27 | €25,675 | €67,960 | +€42,286 | +164.7% |
| Furniture and vehicles | 24 | €13,237 | €57,486 | +€44,249 | +334.3% |
| Other tangible fixed assets | 26 | €12,438 | €10,475 | -€1,963 | -15.8% |
| Current assets | 29/58 | €60,214 | €60,652 | +€437 | +0.7% |
| Amounts receivable within one year | 40/41 | €16,234 | €22,574 | +€6,340 | +39.1% |
| Trade receivables | 40 | €16,027 | €18,214 | +€2,187 | +13.6% |
| Other amounts receivable | 41 | €207 | €4,360 | +€4,153 | +2007.6% |
| Cash at bank and in hand | 54/58 | €41,713 | €35,438 | -€6,276 | -15.0% |
| Deferred charges and accrued income | 490/1 | €2,267 | €2,640 | +€373 | +16.4% |
| Total equity and liabilities | 10/49 | €85,889 | €128,612 | +€42,723 | +49.7% |
| Equity | 10/15 | €18,273 | €36,495 | +€18,222 | +99.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,634 | €29,689 | +€19,055 | +179.2% |
| Distributable reserves | 133 | €10,634 | €29,689 | +€19,055 | +179.2% |
| Profit (loss) carried forward | 14 | €1,438 | €605 | -€833 | -57.9% |
| Amounts payable | 17/49 | €67,617 | €92,118 | +€24,501 | +36.2% |
| Amounts payable after more than one year | 17 | €28,500 | €62,433 | +€33,933 | +119.1% |
| Financial debts | 170/4 | €28,500 | €62,433 | +€33,933 | +119.1% |
| Amounts payable within one year | 42/48 | €39,117 | €29,685 | -€9,432 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €15,065 | €8,967 | -€6,097 | -40.5% |
| Financial debts | 43 | €4,266 | €1,792 | -€2,475 | -58.0% |
| Credit institutions | 430/8 | €4,266 | €1,792 | -€2,475 | -58.0% |
| Trade debts | 44 | €10,384 | €3,225 | -€7,159 | -68.9% |
| Suppliers | 440/4 | €10,384 | €3,225 | -€7,159 | -68.9% |
| Advances received on contracts in progress | 46 | - | €7,654 | +€7,654 | |
| Taxes, remuneration and social security | 45 | €4,849 | €5,088 | +€239 | +4.9% |
| Taxes | 450/3 | €4,849 | €348 | -€4,501 | -92.8% |
| Remuneration and social security | 454/9 | €0 | €4,740 | +€4,740 | |
| Other amounts payable | 47/48 | €4,552 | €2,960 | -€1,593 | -35.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€96 | €200 | +€296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,747 | €6,235 | +€488 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,167 | €0 | -€5,167 | -100.0% |
| Other operating charges | 640/8 | €4,221 | €3,432 | -€789 | -18.7% |
| Gross operating margin | 9900 | €22,181 | €45,947 | +€23,766 | +107.1% |
| Operating profit (loss) | 9901 | €7,142 | €36,080 | +€28,937 | +405.2% |
| Financial income | 75/76B | €1 | €72 | +€71 | +8667.1% |
| Recurring financial income | 75 | €1 | €72 | +€71 | +8667.1% |
| Financial charges | 65/66B | €2,383 | €4,728 | +€2,345 | +98.4% |
| Recurring financial charges | 65 | €2,383 | €2,208 | -€175 | -7.4% |
| Non-recurring financial charges | 66B | - | €2,520 | +€2,520 | |
| Profit (loss) for the period before taxes | 9903 | €4,760 | €31,424 | +€26,664 | +560.1% |
| Income taxes | 67/77 | €2,401 | €12,369 | +€9,968 | +415.2% |
| Profit (loss) for the period | 9904 | €2,360 | €19,055 | +€16,695 | +707.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,360 | €19,055 | +€16,695 | +707.5% |
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 11 October 2026 via checked.be.