IRCONIC: 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.
IRCONIC
Largest movements
- Cash +€63,638
up €63,638 (+58.1%), from €109,526 to €173,164
mainly Net result for the year (+€116,150) and Receivables within one year (+€41,140)
- Receivables within one year -€41,140
down €41,140 (-66.7%), from €61,710 to €20,570
- Other debts +€33,247
up €33,247 (+24.4%), from €136,005 to €169,252
- Tax, wage and social debts -€13,151
down €13,151 (-30.9%), from €42,562 to €29,411
of which Taxes: -€13,151
- Gross operating margin -€17,901
down €17,901 (-10.0%), from €178,854 to €160,953
- Taxes -€5,588
down €5,588 (-13.3%), from €42,094 to €36,506
- Financial charges +€3,178
up €3,178 (+359.9%), from €883 to €4,061
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,338 | €202,212 | +€20,875 | +11.5% |
| Fixed assets | 21/28 | €9,877 | €8,253 | -€1,624 | -16.4% |
| Tangible fixed assets | 22/27 | €9,877 | €8,253 | -€1,624 | -16.4% |
| Plant, machinery and equipment | 23 | €2,890 | €2,646 | -€245 | -8.5% |
| Furniture and vehicles | 24 | €533 | €87 | -€445 | -83.6% |
| Other tangible fixed assets | 26 | €6,454 | €5,520 | -€934 | -14.5% |
| Current assets | 29/58 | €171,461 | €193,959 | +€22,498 | +13.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €61,710 | €20,570 | -€41,140 | -66.7% |
| Trade receivables | 40 | €61,710 | €20,570 | -€41,140 | -66.7% |
| Cash at bank and in hand | 54/58 | €109,526 | €173,164 | +€63,638 | +58.1% |
| Deferred charges and accrued income | 490/1 | €225 | €225 | = | 0.0% |
| Total equity and liabilities | 10/49 | €181,338 | €202,212 | +€20,875 | +11.5% |
| Equity | 10/15 | €1,500 | €1,500 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,838 | €200,712 | +€20,875 | +11.6% |
| Amounts payable within one year | 42/48 | €179,838 | €200,712 | +€20,875 | +11.6% |
| Trade debts | 44 | €1,271 | €2,050 | +€778 | +61.2% |
| Suppliers | 440/4 | €1,271 | €2,050 | +€778 | +61.2% |
| Taxes, remuneration and social security | 45 | €42,562 | €29,411 | -€13,151 | -30.9% |
| Taxes | 450/3 | €42,562 | €29,411 | -€13,151 | -30.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €136,005 | €169,252 | +€33,247 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,835 | €2,681 | +€846 | +46.1% |
| Other operating charges | 640/8 | €809 | €1,555 | +€746 | +92.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €178,854 | €160,953 | -€17,901 | -10.0% |
| Operating profit (loss) | 9901 | €176,211 | €156,717 | -€19,493 | -11.1% |
| Financial income | 75/76B | €1,775 | €0 | -€1,775 | -100.0% |
| Recurring financial income | 75 | €1,775 | €0 | -€1,775 | -100.0% |
| Financial charges | 65/66B | €883 | €4,061 | +€3,178 | +359.9% |
| Recurring financial charges | 65 | €883 | €4,061 | +€3,178 | +359.9% |
| Profit (loss) for the period before taxes | 9903 | €177,102 | €152,656 | -€24,446 | -13.8% |
| Income taxes | 67/77 | €42,094 | €36,506 | -€5,588 | -13.3% |
| Profit (loss) for the period | 9904 | €135,008 | €116,150 | -€18,858 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €135,008 | €116,150 | -€18,858 | -14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.