iRARP: 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.
iRARP
Largest movements
- Cash -€15,623
down €15,623 (-71.4%), from €21,887 to €6,264
mainly Net result for the year (-€13,898) and Receivables within one year (-€3,108)
- Receivables within one year +€3,108
up €3,108 (+250.6%), from €1,240 to €4,349
of which Trade receivables: +€2,062
- Profit (loss) carried forward -€13,898
down €13,898 (-183.3%), from -€7,581 to -€21,479
- Trade debts +€1,383
up €1,383 (+195.2%), from €709 to €2,092
- Gross operating margin -€12,860
down €12,860 (-1360.7%), from -€945 to -€13,805
- Other operating charges -€835
down €835 (-100.0%), from €835 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,128 | €10,613 | -€12,515 | -54.1% |
| Current assets | 29/58 | €23,128 | €10,613 | -€12,515 | -54.1% |
| Amounts receivable within one year | 40/41 | €1,240 | €4,349 | +€3,108 | +250.6% |
| Trade receivables | 40 | - | €2,062 | +€2,062 | |
| Other amounts receivable | 41 | €1,240 | €2,286 | +€1,046 | +84.3% |
| Cash at bank and in hand | 54/58 | €21,887 | €6,264 | -€15,623 | -71.4% |
| Total equity and liabilities | 10/49 | €23,128 | €10,613 | -€12,515 | -54.1% |
| Equity | 10/15 | €22,419 | €8,521 | -€13,898 | -62.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,581 | -€21,479 | -€13,898 | -183.3% |
| Amounts payable | 17/49 | €709 | €2,092 | +€1,383 | +195.2% |
| Amounts payable within one year | 42/48 | €709 | €2,092 | +€1,383 | +195.2% |
| Trade debts | 44 | €709 | €2,092 | +€1,383 | +195.2% |
| Suppliers | 440/4 | €709 | €2,092 | +€1,383 | +195.2% |
| Other operating charges | 640/8 | €835 | €0 | -€835 | -100.0% |
| Gross operating margin | 9900 | -€945 | -€13,805 | -€12,860 | -1360.7% |
| Operating profit (loss) | 9901 | -€1,780 | -€13,805 | -€12,024 | -675.4% |
| Financial charges | 65/66B | €82 | €93 | +€11 | +13.6% |
| Recurring financial charges | 65 | €82 | €93 | +€11 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,862 | -€13,898 | -€12,036 | -646.2% |
| Profit (loss) for the period | 9904 | -€1,862 | -€13,898 | -€12,036 | -646.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,862 | -€13,898 | -€12,036 | -646.2% |
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 29 September 2026 via checked.be.