EIRIN: 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.
EIRIN
Largest movements
- Cash -€92,265
down €92,265 (-81.4%), from €113,397 to €21,132
- Receivables within one year +€34,954
up €34,954 (+305.2%), from €11,455 to €46,409
of which Other amounts receivable: +€42,500
- Tangible fixed assets -€17,188
down €17,188 (-31.7%), from €54,151 to €36,963
of which Other tangible fixed assets: -€9,729
- Receivables after one year -€16,610
down €16,610 (-4.8%), from €345,000 to €328,390
- Deferred charges and accrued income -€5,997
no longer reported in 2024 (was €5,997)
- Tax, wage and social debts -€36,971
down €36,971 (-19.1%), from €193,274 to €156,303
of which Taxes: -€36,437
- Debts after one year -€34,325
down €34,325 (-49.4%), from €69,533 to €35,208
- Other debts -€28,610
down €28,610 (-43.8%), from €65,265 to €36,655
- Current portion of long-term debt +€16,250
new in 2024: €16,250
- Profit (loss) carried forward -€12,748
down €12,748 (-5.3%), from -€240,750 to -€253,498
- Taxes -€132,708
no longer reported in 2024 (was €132,708)
- Staff costs -€79,282
down €79,282 (-43.5%), from €182,078 to €102,796
- Gross operating margin +€16,686
up €16,686 (+12.4%), from €134,435 to €151,121
- Depreciation -€3,834
down €3,834 (-23.9%), from €16,064 to €12,230
- Financial charges -€1,523
down €1,523 (-14.7%), from €10,349 to €8,826
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal 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 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,751 | €438,869 | -€102,882 | -19.0% |
| Fixed assets | 21/28 | €60,401 | €38,213 | -€22,188 | -36.7% |
| Intangible fixed assets | 21 | €6,250 | €1,250 | -€5,000 | -80.0% |
| Tangible fixed assets | 22/27 | €54,151 | €36,963 | -€17,188 | -31.7% |
| Plant, machinery and equipment | 23 | €9,965 | €6,828 | -€3,137 | -31.5% |
| Furniture and vehicles | 24 | €6,474 | €2,152 | -€4,322 | -66.8% |
| Other tangible fixed assets | 26 | €37,712 | €27,983 | -€9,729 | -25.8% |
| Current assets | 29/58 | €481,349 | €400,656 | -€80,693 | -16.8% |
| Amounts receivable after more than one year | 29 | €345,000 | €328,390 | -€16,610 | -4.8% |
| Other amounts receivable | 291 | €345,000 | €328,390 | -€16,610 | -4.8% |
| Stocks and contracts in progress | 3 | €5,500 | €4,725 | -€775 | -14.1% |
| Stocks | 30/36 | €5,500 | €4,725 | -€775 | -14.1% |
| Amounts receivable within one year | 40/41 | €11,455 | €46,409 | +€34,954 | +305.2% |
| Trade receivables | 40 | €7,545 | - | -€7,545 | |
| Other amounts receivable | 41 | €3,909 | €46,409 | +€42,500 | +1087.1% |
| Cash at bank and in hand | 54/58 | €113,397 | €21,132 | -€92,265 | -81.4% |
| Deferred charges and accrued income | 490/1 | €5,997 | - | -€5,997 | |
| Total equity and liabilities | 10/49 | €541,751 | €438,869 | -€102,882 | -19.0% |
| Equity | 10/15 | €113,997 | €101,249 | -€12,748 | -11.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €314,747 | €314,747 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €121 | €121 | -€0 | -0.3% |
| Distributable reserves | 133 | €310,626 | €310,626 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€240,750 | -€253,498 | -€12,748 | -5.3% |
| Amounts payable | 17/49 | €427,753 | €337,620 | -€90,133 | -21.1% |
| Amounts payable after more than one year | 17 | €69,533 | €35,208 | -€34,325 | -49.4% |
| Financial debts | 170/4 | €69,533 | €35,208 | -€34,325 | -49.4% |
| Amounts payable within one year | 42/48 | €358,220 | €299,237 | -€58,983 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | - | €16,250 | +€16,250 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €99,681 | €90,029 | -€9,652 | -9.7% |
| Suppliers | 440/4 | €99,681 | €90,029 | -€9,652 | -9.7% |
| Taxes, remuneration and social security | 45 | €193,274 | €156,303 | -€36,971 | -19.1% |
| Taxes | 450/3 | €172,133 | €135,696 | -€36,437 | -21.2% |
| Remuneration and social security | 454/9 | €21,140 | €20,607 | -€533 | -2.5% |
| Other amounts payable | 47/48 | €65,265 | €36,655 | -€28,610 | -43.8% |
| Accrued charges and deferred income | 492/3 | €0 | €3,175 | +€3,175 | |
| Non-recurring operating income | 76A | €9,638 | €2,000 | -€7,638 | -79.2% |
| Remuneration, social security and pensions | 62 | €182,078 | €102,796 | -€79,282 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,064 | €12,230 | -€3,834 | -23.9% |
| Other operating charges | 640/8 | €1,967 | €1,125 | -€842 | -42.8% |
| Gross operating margin | 9900 | €134,435 | €151,121 | +€16,686 | +12.4% |
| Operating profit (loss) | 9901 | -€65,674 | €34,970 | +€100,644 | |
| Financial income | 75/76B | €132 | €8 | -€124 | -93.9% |
| Recurring financial income | 75 | €132 | €8 | -€124 | -93.9% |
| Financial charges | 65/66B | €10,349 | €8,826 | -€1,523 | -14.7% |
| Recurring financial charges | 65 | €10,349 | €8,826 | -€1,523 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€75,891 | €26,152 | +€102,043 | |
| Income taxes | 67/77 | €132,708 | - | -€132,708 | |
| Profit (loss) for the period | 9904 | -€208,599 | €26,152 | +€234,751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€208,599 | €26,152 | +€234,751 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.