IRATHIMO: 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.
IRATHIMO
Largest movements
- Cash -€8,781
down €8,781 (-10.7%), from €81,899 to €73,118
mainly Contributions, distributions and other (-€65,000) and Receivables within one year (-€7,800)
- Receivables within one year +€7,800
up €7,800 (+72.9%), from €10,706 to €18,506
of which Trade receivables: +€15,104
- Reserves -€53,935
down €53,935 (-80.4%), from €67,075 to €13,140
- Other debts +€48,712
up €48,712 (+270.6%), from €18,000 to €66,712
- Tax, wage and social debts +€5,738
up €5,738, from €0 to €5,738
- Trade debts -€1,330
down €1,330 (-96.0%), from €1,385 to €55
- Gross operating margin +€16,374
up €16,374 (+1599.3%), from €1,024 to €17,398
- Taxes +€5,345
up €5,345 (+1357.5%), from €394 to €5,738
- Other operating charges -€322
down €322 (-38.3%), from €842 to €519
- Financial income -€211
down €211 (-100.0%), from €211 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 | €93,960 | €93,145 | -€815 | -0.9% |
| Current assets | 29/58 | €93,960 | €93,145 | -€815 | -0.9% |
| Amounts receivable within one year | 40/41 | €10,706 | €18,506 | +€7,800 | +72.9% |
| Trade receivables | 40 | €2,296 | €17,400 | +€15,104 | +657.8% |
| Other amounts receivable | 41 | €8,410 | €1,106 | -€7,303 | -86.8% |
| Cash at bank and in hand | 54/58 | €81,899 | €73,118 | -€8,781 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,356 | €1,521 | +€166 | +12.2% |
| Total equity and liabilities | 10/49 | €93,960 | €93,145 | -€815 | -0.9% |
| Equity | 10/15 | €74,575 | €20,640 | -€53,935 | -72.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €67,075 | €13,140 | -€53,935 | -80.4% |
| Distributable reserves | 133 | €67,075 | €13,140 | -€53,935 | -80.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,385 | €72,505 | +€53,120 | +274.0% |
| Amounts payable within one year | 42/48 | €19,385 | €72,505 | +€53,120 | +274.0% |
| Trade debts | 44 | €1,385 | €55 | -€1,330 | -96.0% |
| Suppliers | 440/4 | €1,385 | €55 | -€1,330 | -96.0% |
| Taxes, remuneration and social security | 45 | €0 | €5,738 | +€5,738 | |
| Taxes | 450/3 | €0 | €5,738 | +€5,738 | |
| Other amounts payable | 47/48 | €18,000 | €66,712 | +€48,712 | +270.6% |
| Other operating charges | 640/8 | €842 | €519 | -€322 | -38.3% |
| Gross operating margin | 9900 | €1,024 | €17,398 | +€16,374 | +1599.3% |
| Operating profit (loss) | 9901 | €182 | €16,878 | +€16,696 | +9173.2% |
| Financial income | 75/76B | €211 | €0 | -€211 | -100.0% |
| Recurring financial income | 75 | €211 | €0 | -€211 | -100.0% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.1% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €319 | €16,803 | +€16,484 | +5167.1% |
| Income taxes | 67/77 | €394 | €5,738 | +€5,345 | +1357.5% |
| Profit (loss) for the period | 9904 | -€75 | €11,065 | +€11,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75 | €11,065 | +€11,139 |
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 30 September 2026 via checked.be.