IRC ENTERPRISE: 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.
IRC ENTERPRISE
Largest movements
- Receivables within one year +€12,493
up €12,493 (+22.6%), from €55,213 to €67,706
of which Trade receivables: +€53,995
- Cash -€9,301
down €9,301 (-5.9%), from €157,851 to €148,549
mainly Tax, wage and social debts (-€18,161) and Receivables within one year (-€12,493)
- Profit (loss) carried forward +€21,514
new in 2025: €21,514
- Tax, wage and social debts -€18,161
down €18,161 (-50.9%), from €35,666 to €17,504
- Gross operating margin -€39,951
down €39,951 (-54.5%), from €73,252 to €33,301
- Taxes -€7,832
down €7,832 (-51.0%), from €15,356 to €7,524
- Financial charges +€3,798
up €3,798 (+1,149%), from €331 to €4,129
- Financial income -€2,208
down €2,208 (-88.4%), from €2,497 to €289
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.
Derived cash bridge
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 | €214,193 | €217,042 | +€2,850 | +1.3% |
| Fixed assets | 21/28 | - | €180 | +€180 | |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €214,193 | €216,862 | +€2,670 | +1.2% |
| Amounts receivable within one year | 40/41 | €55,213 | €67,706 | +€12,493 | +22.6% |
| Trade receivables | 40 | €11,202 | €65,196 | +€53,995 | +482% |
| Other amounts receivable | 41 | €44,011 | €2,510 | -€41,502 | -94.3% |
| Cash at bank and in hand | 54/58 | €157,851 | €148,549 | -€9,301 | -5.9% |
| Deferred charges and accrued income | 490/1 | €1,129 | €607 | -€522 | -46.3% |
| Total equity and liabilities | 10/49 | €214,193 | €217,042 | +€2,850 | +1.3% |
| Equity | 10/15 | €177,131 | €198,645 | +€21,514 | +12.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €176,631 | €176,631 | = | 0.0% |
| Distributable reserves | 133 | €176,631 | €176,631 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €21,514 | +€21,514 | |
| Amounts payable | 17/49 | €37,062 | €18,398 | -€18,664 | -50.4% |
| Amounts payable within one year | 42/48 | €37,062 | €18,398 | -€18,664 | -50.4% |
| Trade debts | 44 | €435 | €656 | +€221 | +50.9% |
| Suppliers | 440/4 | €435 | €656 | +€221 | +50.9% |
| Taxes, remuneration and social security | 45 | €35,666 | €17,504 | -€18,161 | -50.9% |
| Taxes | 450/3 | €35,666 | €17,504 | -€18,161 | -50.9% |
| Other amounts payable | 47/48 | €961 | €237 | -€724 | -75.3% |
| Other operating charges | 640/8 | €387 | €424 | +€37 | +9.4% |
| Gross operating margin | 9900 | €73,252 | €33,301 | -€39,951 | -54.5% |
| Operating profit (loss) | 9901 | €72,865 | €32,878 | -€39,987 | -54.9% |
| Financial income | 75/76B | €2,497 | €289 | -€2,208 | -88.4% |
| Recurring financial income | 75 | €2,497 | €289 | -€2,208 | -88.4% |
| Financial charges | 65/66B | €331 | €4,129 | +€3,798 | +1,149% |
| Recurring financial charges | 65 | €331 | €4,129 | +€3,798 | +1,149% |
| Profit (loss) for the period before taxes | 9903 | €75,032 | €29,038 | -€45,994 | -61.3% |
| Income taxes | 67/77 | €15,356 | €7,524 | -€7,832 | -51.0% |
| Profit (loss) for the period | 9904 | €59,676 | €21,514 | -€38,162 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,676 | €21,514 | -€38,162 | -63.9% |
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 17 October 2026 via checked.be.