IRAGAR: 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.
IRAGAR
Largest movements
- Cash +€202,549
up €202,549 (+111.9%), from €180,963 to €383,512
mainly Net result for the year (+€200,616) and Tax, wage and social debts (+€10,418)
- Receivables within one year +€9,065
up €9,065 (+19.9%), from €45,470 to €54,535
of which Other amounts receivable: +€18,611
- Reserves +€200,616
up €200,616 (+124.1%), from €161,600 to €362,216
- Tax, wage and social debts +€10,418
up €10,418 (+16.4%), from €63,474 to €73,892
of which Taxes: +€15,470
- Gross operating margin +€63,808
up €63,808 (+32.8%), from €194,692 to €258,500
- Taxes +€16,004
up €16,004 (+36.0%), from €44,407 to €60,411
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,433 | €438,047 | +€211,614 | +93.5% |
| Current assets | 29/58 | €226,433 | €438,047 | +€211,614 | +93.5% |
| Amounts receivable within one year | 40/41 | €45,470 | €54,535 | +€9,065 | +19.9% |
| Trade receivables | 40 | €35,437 | €25,892 | -€9,546 | -26.9% |
| Other amounts receivable | 41 | €10,033 | €28,643 | +€18,611 | +185.5% |
| Cash at bank and in hand | 54/58 | €180,963 | €383,512 | +€202,549 | +111.9% |
| Total equity and liabilities | 10/49 | €226,433 | €438,047 | +€211,614 | +93.5% |
| Equity | 10/15 | €162,600 | €363,216 | +€200,616 | +123.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €161,600 | €362,216 | +€200,616 | +124.1% |
| Distributable reserves | 133 | €161,600 | €362,216 | +€200,616 | +124.1% |
| Amounts payable | 17/49 | €63,834 | €74,831 | +€10,997 | +17.2% |
| Amounts payable within one year | 42/48 | €63,474 | €74,563 | +€11,089 | +17.5% |
| Trade debts | 44 | €0 | €671 | +€671 | |
| Suppliers | 440/4 | €0 | €671 | +€671 | |
| Taxes, remuneration and social security | 45 | €63,474 | €73,892 | +€10,418 | +16.4% |
| Taxes | 450/3 | €58,422 | €73,892 | +€15,470 | +26.5% |
| Remuneration and social security | 454/9 | €5,052 | €0 | -€5,052 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €360 | €268 | -€92 | -25.5% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €194,692 | €258,500 | +€63,808 | +32.8% |
| Operating profit (loss) | 9901 | €194,692 | €258,500 | +€63,808 | +32.8% |
| Financial income | 75/76B | €587 | €2,578 | +€1,991 | +339.4% |
| Recurring financial income | 75 | €587 | €2,578 | +€1,991 | +339.4% |
| Financial charges | 65/66B | €26 | €49 | +€23 | +88.4% |
| Recurring financial charges | 65 | €26 | €49 | +€23 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €195,252 | €261,028 | +€65,775 | +33.7% |
| Income taxes | 67/77 | €44,407 | €60,411 | +€16,004 | +36.0% |
| Profit (loss) for the period | 9904 | €150,845 | €200,616 | +€49,771 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €150,845 | €200,616 | +€49,771 | +33.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.