I FIRE: 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.
I FIRE
Largest movements
- Tangible fixed assets +€55,511
up €55,511 (+142%), from €38,955 to €94,465
of which Other tangible fixed assets: +€55,846
- Stocks and contracts -€34,798
down €34,798 (-4.6%), from €763,320 to €728,522
- Intangible fixed assets -€14,030
down €14,030 (-12.1%), from €115,918 to €101,888
- Trade debts -€19,915
down €19,915 (-6.6%), from €303,260 to €283,346
- Other debts +€17,606
up €17,606 (+3.0%), from €587,019 to €604,626
- Depreciation +€20,829
up €20,829 (+59.3%), from €35,154 to €55,983
- Gross operating margin +€17,665
up €17,665 (+28.4%), from €62,166 to €79,831
- Taxes -€2,438
down €2,438 (-100%), from €2,438 to €0
- Financial charges +€1,193
up €1,193 (+6.5%), from €18,480 to €19,673
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 | €1,204,555 | €1,211,074 | +€6,519 | +0.5% |
| Fixed assets | 21/28 | €155,008 | €196,488 | +€41,480 | +26.8% |
| Intangible fixed assets | 21 | €115,918 | €101,888 | -€14,030 | -12.1% |
| Tangible fixed assets | 22/27 | €38,955 | €94,465 | +€55,511 | +142% |
| Furniture and vehicles | 24 | €919 | €583 | -€336 | -36.5% |
| Other tangible fixed assets | 26 | €38,036 | €93,882 | +€55,846 | +147% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,049,547 | €1,014,585 | -€34,962 | -3.3% |
| Stocks and contracts in progress | 3 | €763,320 | €728,522 | -€34,798 | -4.6% |
| Stocks | 30/36 | €763,320 | €728,522 | -€34,798 | -4.6% |
| Amounts receivable within one year | 40/41 | €279,576 | €271,856 | -€7,720 | -2.8% |
| Trade receivables | 40 | €278,313 | €270,593 | -€7,720 | -2.8% |
| Other amounts receivable | 41 | €1,263 | €1,263 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,636 | €13,476 | +€8,840 | +191% |
| Deferred charges and accrued income | 490/1 | €2,014 | €730 | -€1,284 | -63.8% |
| Total equity and liabilities | 10/49 | €1,204,555 | €1,211,074 | +€6,519 | +0.5% |
| Equity | 10/15 | €287,511 | €290,476 | +€2,965 | +1.0% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €267,679 | €270,645 | +€2,965 | +1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,208 | €2,208 | = | 0.0% |
| Distributable reserves | 133 | €265,471 | €268,437 | +€2,965 | +1.1% |
| Amounts payable | 17/49 | €917,044 | €920,598 | +€3,554 | +0.4% |
| Amounts payable within one year | 42/48 | €899,438 | €902,481 | +€3,043 | +0.3% |
| Trade debts | 44 | €303,260 | €283,346 | -€19,915 | -6.6% |
| Suppliers | 440/4 | €303,260 | €283,346 | -€19,915 | -6.6% |
| Taxes, remuneration and social security | 45 | €9,158 | €14,510 | +€5,352 | +58.4% |
| Taxes | 450/3 | €9,158 | €14,510 | +€5,352 | +58.4% |
| Other amounts payable | 47/48 | €587,019 | €604,626 | +€17,606 | +3.0% |
| Accrued charges and deferred income | 492/3 | €17,606 | €18,116 | +€510 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,154 | €55,983 | +€20,829 | +59.3% |
| Other operating charges | 640/8 | €1,262 | €1,210 | -€52 | -4.1% |
| Gross operating margin | 9900 | €62,166 | €79,831 | +€17,665 | +28.4% |
| Operating profit (loss) | 9901 | €25,751 | €22,639 | -€3,113 | -12.1% |
| Financial charges | 65/66B | €18,480 | €19,673 | +€1,193 | +6.5% |
| Recurring financial charges | 65 | €18,480 | €19,673 | +€1,193 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €7,271 | €2,965 | -€4,305 | -59.2% |
| Income taxes | 67/77 | €2,438 | €0 | -€2,438 | -100% |
| Profit (loss) for the period | 9904 | €4,833 | €2,965 | -€1,867 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,833 | €2,965 | -€1,867 | -38.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.