IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP: 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 GROUP
NACE 70.100, Activities of head offices
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5.6m
2024 · -€37,191+€5.7m
Equity
€42.3m
2024 · €42.0m+€317,741
Cash
€190
2024 · €456-€266
Balance sheet total
€49.6m
2024 · €43.9m+€5.7m
Largest movements
Assets
- Receivables within one year +€5.7m
up €5.7m (+14.1%), from €40.5m to €46.3m
of which Other amounts receivable: +€5.7m
Equity and liabilities
- Other debts +€5.4m
up €5.4m (+304.5%), from €1.8m to €7.2m
Income statement
- Financial charges -€7.3m
down €7.3m (-94.4%), from €7.7m to €430,287
of which Non-recurring financial charges: -€7.0m
- Financial income -€2.1m
down €2.1m (-26.4%), from €7.8m to €5.7m
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
-€37,191
Staff costs
+€28,822
Depreciation
+€1,155
Other operating items
+€413,966
Financial income
-€2.1m
Financial charges
+€7.3m
Taxes
-€775
Result 2025
€5.6m
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
+€5.3m
Investment
€0
Financing
-€5.3m
Cash 2024
€456
From operations (derived)
+€5.3m
Net result for the year
+€5.6m
Depreciation
+€152
Receivables within one year
-€5.7m
Deferred charges and accrued income
+€27,527
Trade debts
-€25,406
Tax, wage and social debts
-€35,901
Other debts
+€5.4m
Financing
-€5.3m
Contributions, distributions and other
-€5.3m
Cash 2025
€190
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,880,565 | €49,570,473 | +€5.7m | +13.0% |
| Fixed assets | 21/28 | €3,236,390 | €3,236,239 | -€152 | 0.0% |
| Tangible fixed assets | 22/27 | €152 | - | -€152 | |
| Plant, machinery and equipment | 23 | €152 | - | -€152 | |
| Financial fixed assets | 28 | €3,236,239 | €3,236,239 | = | 0.0% |
| Affiliated companies | 280/1 | €3,236,239 | €3,236,239 | = | 0.0% |
| Participating interests | 280 | €3,236,239 | €3,236,239 | = | 0.0% |
| Current assets | 29/58 | €40,644,175 | €46,334,235 | +€5.7m | +14.0% |
| Amounts receivable within one year | 40/41 | €40,547,296 | €46,265,148 | +€5.7m | +14.1% |
| Trade receivables | 40 | €2,431 | €541 | -€1,890 | -77.7% |
| Other amounts receivable | 41 | €40,544,865 | €46,264,607 | +€5.7m | +14.1% |
| Cash at bank and in hand | 54/58 | €456 | €190 | -€266 | -58.4% |
| Deferred charges and accrued income | 490/1 | €96,423 | €68,896 | -€27,527 | -28.5% |
| Total equity and liabilities | 10/49 | €43,880,565 | €49,570,473 | +€5.7m | +13.0% |
| Equity | 10/15 | €41,984,496 | €42,302,237 | +€317,741 | +0.8% |
| Contributions | 10/11 | €38,781,512 | €38,781,512 | = | 0.0% |
| Capital | 10 | €38,774,902 | €38,774,902 | = | 0.0% |
| Issued capital | 100 | €38,774,902 | €38,774,902 | = | 0.0% |
| Contributions outside capital | 11 | €6,610 | €6,610 | = | 0.0% |
| Share premium | 1100/10 | €6,610 | €6,610 | = | 0.0% |
| Reserves | 13 | €3,240,175 | €3,520,725 | +€280,550 | +8.7% |
| Non-distributable reserves | 130/1 | €3,240,175 | €3,520,725 | +€280,550 | +8.7% |
| Legal reserve | 130 | €3,240,175 | €3,520,725 | +€280,550 | +8.7% |
| Profit (loss) carried forward | 14 | -€37,191 | - | +€37,191 | |
| Amounts payable | 17/49 | €1,896,069 | €7,268,236 | +€5.4m | +283.3% |
| Amounts payable within one year | 42/48 | €1,896,069 | €7,268,236 | +€5.4m | +283.3% |
| Trade debts | 44 | €41,535 | €16,129 | -€25,406 | -61.2% |
| Suppliers | 440/4 | €41,535 | €16,129 | -€25,406 | -61.2% |
| Taxes, remuneration and social security | 45 | €70,346 | €34,445 | -€35,901 | -51.0% |
| Taxes | 450/3 | €716 | €815 | +€99 | +13.9% |
| Remuneration and social security | 454/9 | €69,630 | €33,630 | -€36,000 | -51.7% |
| Other amounts payable | 47/48 | €1,784,188 | €7,217,661 | +€5.4m | +304.5% |
| Operating income | 70/76A | €5,699 | €398,103 | +€392,404 | +6885.3% |
| Other operating income | 74 | €5,699 | €398,103 | +€392,404 | +6885.3% |
| Operating charges | 60/66A | €81,303 | €29,765 | -€51,539 | -63.4% |
| Services and other goods | 61 | €81,602 | €60,040 | -€21,562 | -26.4% |
| Remuneration, social security and pensions | 62 | -€1,605 | -€30,427 | -€28,822 | -1796.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,306 | €152 | -€1,155 | -88.4% |
| Operating profit (loss) | 9901 | -€75,604 | €368,338 | +€443,942 | |
| Financial income | 75/76B | €7,764,104 | €5,710,617 | -€2.1m | -26.4% |
| Recurring financial income | 75 | €7,764,104 | €5,710,617 | -€2.1m | -26.4% |
| Income from financial fixed assets | 750 | €6,329,484 | €5,700,444 | -€629,040 | -9.9% |
| Income from current assets | 751 | €1,392,015 | - | -€1.4m | |
| Other financial income | 752/9 | €42,605 | €10,174 | -€32,431 | -76.1% |
| Financial charges | 65/66B | €7,725,990 | €430,287 | -€7.3m | -94.4% |
| Recurring financial charges | 65 | €715,836 | €430,287 | -€285,548 | -39.9% |
| Debt charges | 650 | €709,142 | €344,534 | -€364,608 | -51.4% |
| Other financial charges | 652/9 | €6,694 | €85,754 | +€79,060 | +1181.1% |
| Non-recurring financial charges | 66B | €7,010,154 | - | -€7.0m | |
| Profit (loss) for the period before taxes | 9903 | -€37,491 | €5,648,668 | +€5.7m | |
| Income taxes | 67/77 | -€299 | €476 | +€775 | |
| Taxes | 670/3 | €339 | €476 | +€137 | +40.3% |
| Tax adjustments and reversals of tax provisions | 77 | €639 | - | -€639 | |
| Profit (loss) for the period | 9904 | -€37,191 | €5,648,192 | +€5.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,191 | €5,648,192 | +€5.7m |
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 9 October 2026 via checked.be.