IHRYS: 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.
IHRYS
Largest movements
- Tangible fixed assets +€27,695
up €27,695 (+2,810%), from €986 to €28,681
of which Furniture and vehicles: +€27,829
- Cash +€18,210
up €18,210 (+41.7%), from €43,715 to €61,925
mainly Net result for the year (+€28,408) and Debts after one year (+€13,502)
- Receivables within one year +€3,587
new in 2025: €3,587
- Receivables after one year -€1,197
no longer reported in 2025 (was €1,197)
- Profit (loss) carried forward +€28,386
up €28,386 (+80.9%), from €35,090 to €63,476
- Debts after one year +€13,502
new in 2025: €13,502
- Short-term financial debts +€10,999
up €10,999 (+18,705%), from €59 to €11,058
- Other debts -€2,790
down €2,790 (-91.7%), from €3,042 to €252
- Tax, wage and social debts -€1,740
down €1,740 (-30.1%), from €5,788 to €4,047
- Depreciation +€8,341
up €8,341 (+384%), from €2,170 to €10,511
- Gross operating margin +€2,728
up €2,728 (+5.9%), from €46,085 to €48,813
- Financial charges +€972
up €972 (+4,369%), from €22 to €994
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 | €45,897 | €94,192 | +€48,295 | +105% |
| Fixed assets | 21/28 | €986 | €28,681 | +€27,695 | +2,810% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €986 | €28,681 | +€27,695 | +2,810% |
| Plant, machinery and equipment | 23 | €391 | €258 | -€133 | -34.1% |
| Furniture and vehicles | 24 | €594 | €28,423 | +€27,829 | +4,683% |
| Current assets | 29/58 | €44,912 | €65,512 | +€20,600 | +45.9% |
| Amounts receivable after more than one year | 29 | €1,197 | - | -€1,197 | |
| Other amounts receivable | 291 | €1,197 | - | -€1,197 | |
| Amounts receivable within one year | 40/41 | - | €3,587 | +€3,587 | |
| Other amounts receivable | 41 | - | €3,587 | +€3,587 | |
| Cash at bank and in hand | 54/58 | €43,715 | €61,925 | +€18,210 | +41.7% |
| Total equity and liabilities | 10/49 | €45,897 | €94,192 | +€48,295 | +105% |
| Equity | 10/15 | €36,090 | €64,476 | +€28,386 | +78.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,090 | €63,476 | +€28,386 | +80.9% |
| Amounts payable | 17/49 | €9,807 | €29,716 | +€19,909 | +203% |
| Amounts payable after more than one year | 17 | - | €13,502 | +€13,502 | |
| Financial debts | 170/4 | - | €13,502 | +€13,502 | |
| Amounts payable within one year | 42/48 | €9,807 | €16,215 | +€6,408 | +65.3% |
| Financial debts | 43 | €59 | €11,058 | +€10,999 | +18,705% |
| Credit institutions | 430/8 | €59 | €11,058 | +€10,999 | +18,705% |
| Trade debts | 44 | €919 | €858 | -€61 | -6.6% |
| Suppliers | 440/4 | €919 | €858 | -€61 | -6.6% |
| Taxes, remuneration and social security | 45 | €5,788 | €4,047 | -€1,740 | -30.1% |
| Taxes | 450/3 | €5,788 | €4,047 | -€1,740 | -30.1% |
| Other amounts payable | 47/48 | €3,042 | €252 | -€2,790 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,170 | €10,511 | +€8,341 | +384% |
| Other operating charges | 640/8 | - | €289 | +€289 | |
| Gross operating margin | 9900 | €46,085 | €48,813 | +€2,728 | +5.9% |
| Operating profit (loss) | 9901 | €43,915 | €38,013 | -€5,902 | -13.4% |
| Financial charges | 65/66B | €22 | €994 | +€972 | +4,369% |
| Recurring financial charges | 65 | €22 | €994 | +€972 | +4,369% |
| Profit (loss) for the period before taxes | 9903 | €43,893 | €37,018 | -€6,874 | -15.7% |
| Income taxes | 67/77 | €8,803 | €8,610 | -€192 | -2.2% |
| Profit (loss) for the period | 9904 | €35,090 | €28,408 | -€6,682 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,090 | €28,408 | -€6,682 | -19.0% |
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 16 October 2026 via checked.be.