Ireina: 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.
Ireina
Largest movements
- Current investments -€83,891
down €83,891 (-80.7%), from €103,891 to €20,000
- Cash -€8,072
down €8,072 (-14.6%), from €55,168 to €47,096
mainly Contributions, distributions and other (-€266,632) and Tax, wage and social debts (-€7,665)
- Receivables within one year -€2,774
down €2,774 (-11.1%), from €25,059 to €22,285
of which Trade receivables: -€5,036
- Tangible fixed assets -€2,382
down €2,382 (-15.7%), from €15,192 to €12,810
of which Furniture and vehicles: -€3,590
- Profit (loss) carried forward -€178,476
down €178,476 (-100%), from €178,476 to €0
- Other debts +€88,156
up €88,156, from €0 to €88,156
- Tax, wage and social debts -€7,665
down €7,665 (-41.0%), from €18,685 to €11,020
- Financial income +€2,928
up €2,928 (+191%), from €1,536 to €4,464
- Depreciation +€1,248
up €1,248 (+44.1%), from €2,832 to €4,080
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 | €202,233 | €104,188 | -€98,045 | -48.5% |
| Fixed assets | 21/28 | €15,192 | €12,810 | -€2,382 | -15.7% |
| Tangible fixed assets | 22/27 | €15,192 | €12,810 | -€2,382 | -15.7% |
| Plant, machinery and equipment | 23 | €203 | €1,411 | +€1,208 | +595% |
| Furniture and vehicles | 24 | €14,989 | €11,399 | -€3,590 | -24.0% |
| Current assets | 29/58 | €187,041 | €91,379 | -€95,663 | -51.1% |
| Amounts receivable within one year | 40/41 | €25,059 | €22,285 | -€2,774 | -11.1% |
| Trade receivables | 40 | €25,059 | €20,023 | -€5,036 | -20.1% |
| Other amounts receivable | 41 | - | €2,262 | +€2,262 | |
| Current investments | 50/53 | €103,891 | €20,000 | -€83,891 | -80.7% |
| Cash at bank and in hand | 54/58 | €55,168 | €47,096 | -€8,072 | -14.6% |
| Deferred charges and accrued income | 490/1 | €2,924 | €1,997 | -€927 | -31.7% |
| Total equity and liabilities | 10/49 | €202,233 | €104,188 | -€98,045 | -48.5% |
| Equity | 10/15 | €183,476 | €5,000 | -€178,476 | -97.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,476 | €0 | -€178,476 | -100% |
| Amounts payable | 17/49 | €18,758 | €99,188 | +€80,431 | +429% |
| Amounts payable within one year | 42/48 | €18,758 | €99,188 | +€80,431 | +429% |
| Trade debts | 44 | €73 | €13 | -€60 | -82.8% |
| Suppliers | 440/4 | €73 | €13 | -€60 | -82.8% |
| Taxes, remuneration and social security | 45 | €18,685 | €11,020 | -€7,665 | -41.0% |
| Taxes | 450/3 | €18,685 | €11,020 | -€7,665 | -41.0% |
| Other amounts payable | 47/48 | €0 | €88,156 | +€88,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,832 | €4,080 | +€1,248 | +44.1% |
| Other operating charges | 640/8 | €1,042 | €1,029 | -€13 | -1.2% |
| Non-recurring operating charges | 66A | €187 | €0 | -€187 | -100% |
| Gross operating margin | 9900 | €117,192 | €116,722 | -€470 | -0.4% |
| Operating profit (loss) | 9901 | €113,132 | €111,614 | -€1,518 | -1.3% |
| Financial income | 75/76B | €1,536 | €4,464 | +€2,928 | +191% |
| Recurring financial income | 75 | €1,536 | €4,464 | +€2,928 | +191% |
| Financial charges | 65/66B | €1,424 | €2,553 | +€1,130 | +79.4% |
| Recurring financial charges | 65 | €1,424 | €2,553 | +€1,130 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €113,244 | €113,524 | +€280 | +0.2% |
| Income taxes | 67/77 | €25,839 | €25,368 | -€471 | -1.8% |
| Profit (loss) for the period | 9904 | €87,405 | €88,156 | +€750 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,405 | €88,156 | +€750 | +0.9% |
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 25 October 2026 via checked.be.