IMAGE RECOGNITION INTEGRATED SYSTEMS: 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.
What changed
IMAGE RECOGNITION INTEGRATED SYSTEMS
NACE 62.100, Computer programming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.5m
2024 · €4.9m-€392,699
Equity
€318,420
2024 · €318,420
Cash
€26,815
2024 · €64,684-€37,868
Balance sheet total
€11.8m
2024 · €13.4m-€1.6m
Largest movements
Assets
- Stocks and contracts -€1.1m
down €1.1m (-55.5%), from €2.0m to €884,761
- Receivables within one year -€645,022
down €645,022 (-29.7%), from €2.2m to €1.5m
of which Trade receivables: -€625,123
- Tangible fixed assets +€379,083
up €379,083 (+25.6%), from €1.5m to €1.9m
of which Land and buildings: +€1.3m
- Deferred charges and accrued income -€178,831
down €178,831 (-48.7%), from €367,421 to €188,590
Equity and liabilities
- Trade debts -€1.7m
down €1.7m (-70.8%), from €2.4m to €693,976
- Other debts +€497,887
up €497,887 (+7.0%), from €7.1m to €7.6m
- Advances received -€339,841
down €339,841 (-93.2%), from €364,590 to €24,749
- Tax, wage and social debts -€271,695
down €271,695 (-13.5%), from €2.0m to €1.7m
of which Taxes: -€184,919
- Accrued charges and deferred income +€184,318
up €184,318 (+14.7%), from €1.3m to €1.4m
Income statement
- Turnover -€3.4m
down €3.4m (-19.4%), from €17.7m to €14.3m
- Goods and materials -€3.2m
down €3.2m (-50.5%), from €6.3m to €3.1m
of which Purchases: -€4.6m
- Financial income -€888,313
down €888,313 (-25.6%), from €3.5m to €2.6m
- Taxes -€731,905
down €731,905 (-95.2%), from €768,654 to €36,749
of which Taxes: -€430,538
- Write-downs +€259,281
up €259,281, from -€40,095 to €219,186
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.
Result 2024
€4.9m
Turnover
-€3.4m
Other operating income
+€77,287
Goods and materials
+€3.2m
Services and other goods
+€193,866
Staff costs
-€81,760
Depreciation
-€26,225
Write-downs
-€259,281
Other operating charges
+€12,288
Financial income
-€888,313
Financial charges
+€121,107
Taxes
+€731,905
Result 2025
€4.5m
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.
From operations
+€5.0m
Investment
-€534,357
Financing
-€4.5m
Cash 2024
€64,684
From operations (derived)
+€5.0m
Net result for the year
+€4.5m
Depreciation
+€178,738
Stocks and contracts
+€1.1m
Receivables within one year
+€645,022
Deferred charges and accrued income
+€178,831
Trade debts
-€1.7m
Tax, wage and social debts
-€271,695
Advances received
-€339,841
Other debts
+€497,887
Accrued charges and deferred income
+€184,318
Investment (derived)
-€534,357
Investment in fixed assets (net)
-€534,357
Financing
-€4.5m
Contributions, distributions and other
-€4.5m
Cash 2025
€26,815
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,442,029 | €11,833,068 | -€1.6m | -12.0% |
| Fixed assets | 21/28 | €8,852,409 | €9,208,028 | +€355,619 | +4.0% |
| Intangible fixed assets | 21 | €477,700 | €454,236 | -€23,464 | -4.9% |
| Tangible fixed assets | 22/27 | €1,478,604 | €1,857,687 | +€379,083 | +25.6% |
| Land and buildings | 22 | €318,050 | €1,629,761 | +€1.3m | +412.4% |
| Plant, machinery and equipment | 23 | €66,029 | €71,371 | +€5,342 | +8.1% |
| Furniture and vehicles | 24 | - | €130,687 | +€130,687 | |
| Other tangible fixed assets | 26 | €30,174 | €25,868 | -€4,305 | -14.3% |
| Assets under construction and advance payments | 27 | €1,064,351 | - | -€1.1m | |
| Financial fixed assets | 28 | €6,896,106 | €6,896,106 | = | 0.0% |
| Affiliated companies | 280/1 | €6,896,106 | €6,896,106 | = | 0.0% |
| Participating interests | 280 | €6,896,106 | €6,896,106 | = | 0.0% |
| Current assets | 29/58 | €4,589,619 | €2,625,040 | -€2.0m | -42.8% |
| Stocks and contracts in progress | 3 | €1,987,619 | €884,761 | -€1.1m | -55.5% |
| Stocks | 30/36 | €1,987,619 | €884,761 | -€1.1m | -55.5% |
| Finished goods | 33 | €1,987,619 | €884,761 | -€1.1m | -55.5% |
| Amounts receivable within one year | 40/41 | €2,169,896 | €1,524,874 | -€645,022 | -29.7% |
| Trade receivables | 40 | €2,031,765 | €1,406,642 | -€625,123 | -30.8% |
| Other amounts receivable | 41 | €138,131 | €118,232 | -€19,899 | -14.4% |
| Cash at bank and in hand | 54/58 | €64,684 | €26,815 | -€37,868 | -58.5% |
| Deferred charges and accrued income | 490/1 | €367,421 | €188,590 | -€178,831 | -48.7% |
| Total equity and liabilities | 10/49 | €13,442,029 | €11,833,068 | -€1.6m | -12.0% |
| Equity | 10/15 | €318,420 | €318,420 | = | 0.0% |
| Contributions | 10/11 | €289,473 | €289,473 | = | 0.0% |
| Capital | 10 | €289,473 | €289,473 | = | 0.0% |
| Issued capital | 100 | €289,473 | €289,473 | = | 0.0% |
| Reserves | 13 | €28,947 | €28,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,947 | €28,947 | = | 0.0% |
| Legal reserve | 130 | €28,947 | €28,947 | = | 0.0% |
| Amounts payable | 17/49 | €13,123,608 | €11,514,648 | -€1.6m | -12.3% |
| Amounts payable within one year | 42/48 | €11,870,686 | €10,077,408 | -€1.8m | -15.1% |
| Trade debts | 44 | €2,373,605 | €693,976 | -€1.7m | -70.8% |
| Suppliers | 440/4 | €2,373,605 | €693,976 | -€1.7m | -70.8% |
| Advances received on contracts in progress | 46 | €364,590 | €24,749 | -€339,841 | -93.2% |
| Taxes, remuneration and social security | 45 | €2,013,057 | €1,741,362 | -€271,695 | -13.5% |
| Taxes | 450/3 | €947,010 | €762,091 | -€184,919 | -19.5% |
| Remuneration and social security | 454/9 | €1,066,047 | €979,271 | -€86,777 | -8.1% |
| Other amounts payable | 47/48 | €7,119,434 | €7,617,321 | +€497,887 | +7.0% |
| Accrued charges and deferred income | 492/3 | €1,252,922 | €1,437,240 | +€184,318 | +14.7% |
| Operating income | 70/76A | €18,230,060 | €14,874,613 | -€3.4m | -18.4% |
| Turnover | 70 | €17,702,858 | €14,270,125 | -€3.4m | -19.4% |
| Other operating income | 74 | €527,202 | €604,488 | +€77,287 | +14.7% |
| Operating charges | 60/66A | €15,862,279 | €12,864,230 | -€3.0m | -18.9% |
| Goods for resale, raw materials and consumables | 60 | €6,258,191 | €3,099,031 | -€3.2m | -50.5% |
| Purchases | 600/8 | €6,851,249 | €2,207,161 | -€4.6m | -67.8% |
| Change in stocks: decrease (increase) | 609 | -€593,058 | €891,870 | +€1.5m | |
| Services and other goods | 61 | €3,734,219 | €3,540,353 | -€193,866 | -5.2% |
| Remuneration, social security and pensions | 62 | €5,730,433 | €5,812,192 | +€81,760 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,513 | €178,738 | +€26,225 | +17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€40,095 | €219,186 | +€259,281 | |
| Other operating charges | 640/8 | €27,018 | €14,730 | -€12,288 | -45.5% |
| Operating profit (loss) | 9901 | €2,367,781 | €2,010,384 | -€357,397 | -15.1% |
| Financial income | 75/76B | €3,473,420 | €2,585,107 | -€888,313 | -25.6% |
| Recurring financial income | 75 | €3,473,420 | €2,585,107 | -€888,313 | -25.6% |
| Income from financial fixed assets | 750 | €2,830,292 | €2,161,530 | -€668,761 | -23.6% |
| Income from current assets | 751 | €566,852 | €292,346 | -€274,506 | -48.4% |
| Other financial income | 752/9 | €76,276 | €131,230 | +€54,954 | +72.0% |
| Financial charges | 65/66B | €217,536 | €96,429 | -€121,107 | -55.7% |
| Recurring financial charges | 65 | €217,535 | €96,429 | -€121,106 | -55.7% |
| Other financial charges | 652/9 | €217,535 | €96,429 | -€121,106 | -55.7% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €5,623,665 | €4,499,062 | -€1.1m | -20.0% |
| Income taxes | 67/77 | €768,654 | €36,749 | -€731,905 | -95.2% |
| Taxes | 670/3 | €768,654 | €338,116 | -€430,538 | -56.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €301,366 | +€301,366 | |
| Profit (loss) for the period | 9904 | €4,855,011 | €4,462,313 | -€392,699 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,855,011 | €4,462,313 | -€392,699 | -8.1% |
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 10 October 2026 via checked.be.