IARA: 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.
IARA
Largest movements
- Cash +€21,103
up €21,103 (+227%), from €9,292 to €30,395
mainly Net result for the year (+€79,289) and Tax, wage and social debts (+€4,523)
- Receivables within one year +€17,772
up €17,772 (+17.4%), from €101,854 to €119,626
of which Other amounts receivable: +€15,957
- Profit (loss) carried forward +€36,509
up €36,509 (+45.5%), from €80,307 to €116,816
- Tax, wage and social debts +€4,523
up €4,523 (+27.8%), from €16,297 to €20,820
- Trade debts -€2,936
down €2,936 (-82.9%), from €3,542 to €606
- Gross operating margin +€12,465
up €12,465 (+13.6%), from €91,952 to €104,417
- Financial charges -€12,398
down €12,398 (-98.9%), from €12,535 to €137
- Taxes +€2,533
up €2,533 (+12.8%), from €19,778 to €22,311
- Financial income +€2,356
up €2,356 (+63.4%), from €3,719 to €6,075
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 | €111,146 | €150,021 | +€38,875 | +35.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €111,146 | €150,021 | +€38,875 | +35.0% |
| Amounts receivable within one year | 40/41 | €101,854 | €119,626 | +€17,772 | +17.4% |
| Trade receivables | 40 | €16,335 | €18,150 | +€1,815 | +11.1% |
| Other amounts receivable | 41 | €85,519 | €101,476 | +€15,957 | +18.7% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €9,292 | €30,395 | +€21,103 | +227% |
| Total equity and liabilities | 10/49 | €111,146 | €150,021 | +€38,875 | +35.0% |
| Equity | 10/15 | €91,307 | €127,816 | +€36,509 | +40.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,307 | €116,816 | +€36,509 | +45.5% |
| Amounts payable | 17/49 | €19,839 | €22,205 | +€2,366 | +11.9% |
| Amounts payable within one year | 42/48 | €19,839 | €21,426 | +€1,587 | +8.0% |
| Trade debts | 44 | €3,542 | €606 | -€2,936 | -82.9% |
| Suppliers | 440/4 | €3,542 | €606 | -€2,936 | -82.9% |
| Taxes, remuneration and social security | 45 | €16,297 | €20,820 | +€4,523 | +27.8% |
| Taxes | 450/3 | €16,297 | €20,820 | +€4,523 | +27.8% |
| Accrued charges and deferred income | 492/3 | - | €779 | +€779 | |
| Remuneration, social security and pensions | 62 | €8,154 | €8,340 | +€186 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €801 | €415 | -€386 | -48.2% |
| Gross operating margin | 9900 | €91,952 | €104,417 | +€12,465 | +13.6% |
| Operating profit (loss) | 9901 | €82,997 | €95,662 | +€12,665 | +15.3% |
| Financial income | 75/76B | €3,719 | €6,075 | +€2,356 | +63.4% |
| Recurring financial income | 75 | €3,719 | €6,075 | +€2,356 | +63.4% |
| Financial charges | 65/66B | €12,535 | €137 | -€12,398 | -98.9% |
| Recurring financial charges | 65 | €12,535 | €137 | -€12,398 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €74,181 | €101,600 | +€27,419 | +37.0% |
| Income taxes | 67/77 | €19,778 | €22,311 | +€2,533 | +12.8% |
| Profit (loss) for the period | 9904 | €54,403 | €79,289 | +€24,886 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,403 | €79,289 | +€24,886 | +45.7% |
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 26 October 2026 via checked.be.