IR GROUP: what changed
Two fiscal 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.
IR GROUP
Largest movements
- Receivables within one year -€7,863
down €7,863 (-65.5%), from €12,014 to €4,151
of which Trade receivables: -€8,034
- Profit (loss) carried forward -€8,216
down €8,216, from €4,909 to -€3,307
- Advances received +€4,732
new in 2025: €4,732
- Tax, wage and social debts -€4,379
no longer reported in 2025 (was €4,379)
- Gross operating margin -€6,571
no longer reported in 2025 (was €6,571)
- Taxes -€1,644
no longer reported in 2025 (was €1,644)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,036 | €4,173 | -€7,863 | -65.3% |
| Current assets | 29/58 | €12,036 | €4,173 | -€7,863 | -65.3% |
| Amounts receivable within one year | 40/41 | €12,014 | €4,151 | -€7,863 | -65.5% |
| Trade receivables | 40 | €12,014 | €3,980 | -€8,034 | -66.9% |
| Other amounts receivable | 41 | - | €171 | +€171 | |
| Cash at bank and in hand | 54/58 | €22 | €22 | = | 0.0% |
| Total equity and liabilities | 10/49 | €12,036 | €4,173 | -€7,863 | -65.3% |
| Equity | 10/15 | €4,909 | -€3,307 | -€8,216 | |
| Profit (loss) carried forward | 14 | €4,909 | -€3,307 | -€8,216 | |
| Amounts payable | 17/49 | €7,127 | €7,480 | +€353 | +5.0% |
| Amounts payable within one year | 42/48 | €7,127 | €7,480 | +€353 | +5.0% |
| Trade debts | 44 | €1,815 | €1,815 | = | 0.0% |
| Suppliers | 440/4 | €1,815 | €1,815 | = | 0.0% |
| Advances received on contracts in progress | 46 | - | €4,732 | +€4,732 | |
| Taxes, remuneration and social security | 45 | €4,379 | - | -€4,379 | |
| Taxes | 450/3 | €4,379 | - | -€4,379 | |
| Other amounts payable | 47/48 | €932 | €932 | = | 0.0% |
| Gross operating margin | 9900 | €6,571 | - | -€6,571 | |
| Operating profit (loss) | 9901 | €6,571 | - | -€6,571 | |
| Financial charges | 65/66B | €18 | - | -€18 | |
| Recurring financial charges | 65 | €18 | - | -€18 | |
| Profit (loss) for the period before taxes | 9903 | €6,553 | - | -€6,553 | |
| Income taxes | 67/77 | €1,644 | - | -€1,644 | |
| Profit (loss) for the period | 9904 | €4,909 | - | -€4,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,909 | - | -€4,909 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.