iRelate: 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.
What changed
iRelate
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€659,712
2024 · €54,711+€605,001
Equity
€1.6m
2024 · €986,521+€659,712
Cash
€6,898
2024 · €372,594-€365,697
Balance sheet total
€11.7m
2024 · €9.3m+€2.4m
Largest movements
Assets
- Receivables within one year +€2.7m
up €2.7m (+29.7%), from €8.9m to €11.6m
of which Trade receivables: +€3.1m
- Cash -€365,697
down €365,697 (-98.1%), from €372,594 to €6,898
mainly Receivables within one year (-€2.7m) and Deferred charges and accrued income (-€82,524)
Equity and liabilities
- Accrued charges and deferred income +€885,837
up €885,837 (+41.4%), from €2.1m to €3.0m
- Other debts +€787,141
up €787,141 (+33.9%), from €2.3m to €3.1m
- Reserves +€660,000
up €660,000 (+71.4%), from €924,105 to €1.6m
of which Distributable reserves: +€777,880
Income statement
- Turnover +€2.6m
up €2.6m (+13.3%), from €19.8m to €22.4m
- Goods and materials +€1.7m
up €1.7m (+9.1%), from €18.7m to €20.4m
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.
Result 2024
€54,711
Turnover
+€2.6m
Other operating income
-€291
Goods and materials
-€1.7m
Services and other goods
-€97,385
Staff costs
-€10,936
Depreciation
+€1,499
Provisions
+€615
Other operating charges
+€708
Other operating items
-€222,616
Financial income
+€11,704
Financial charges
+€18,579
Taxes
-€10,567
Result 2025
€659,712
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€357,906
Investment
-€7,791
Financing
€0
Cash 2024
€372,594
From operations (derived)
-€357,906
Net result for the year
+€659,712
Depreciation
+€6,147
Receivables within one year
-€2.7m
Deferred charges and accrued income
-€82,524
Smaller working-capital items
+€4,459
Trade debts
+€33,948
Other debts
+€787,141
Accrued charges and deferred income
+€885,837
Investment (derived)
-€7,791
Investment in fixed assets (net)
-€7,791
Cash 2025
€6,898
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,331,027 | €11,702,124 | +€2.4m | +25.4% |
| Fixed assets | 21/28 | €10,632 | €12,276 | +€1,644 | +15.5% |
| Tangible fixed assets | 22/27 | €10,632 | €12,276 | +€1,644 | +15.5% |
| Plant, machinery and equipment | 23 | €2,907 | €7,502 | +€4,595 | +158% |
| Furniture and vehicles | 24 | €1,991 | €1,301 | -€690 | -34.6% |
| Other tangible fixed assets | 26 | €5,733 | €3,472 | -€2,261 | -39.4% |
| Current assets | 29/58 | €9,320,396 | €11,689,848 | +€2.4m | +25.4% |
| Amounts receivable within one year | 40/41 | €8,919,459 | €11,572,084 | +€2.7m | +29.7% |
| Trade receivables | 40 | €8,290,194 | €11,354,991 | +€3.1m | +37.0% |
| Other amounts receivable | 41 | €629,265 | €217,093 | -€412,172 | -65.5% |
| Cash at bank and in hand | 54/58 | €372,594 | €6,898 | -€365,697 | -98.1% |
| Deferred charges and accrued income | 490/1 | €28,342 | €110,867 | +€82,524 | +291% |
| Total equity and liabilities | 10/49 | €9,331,027 | €11,702,124 | +€2.4m | +25.4% |
| Equity | 10/15 | €986,521 | €1,646,232 | +€659,712 | +66.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €924,105 | €1,584,105 | +€660,000 | +71.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €149,455 | €31,575 | -€117,880 | -78.9% |
| Distributable reserves | 133 | €768,450 | €1,546,330 | +€777,880 | +101% |
| Profit (loss) carried forward | 14 | €416 | €127 | -€288 | -69.4% |
| Provisions and deferred taxes | 16 | €649 | €684 | +€35 | +5.3% |
| Provisions for liabilities and charges | 160/5 | €649 | €684 | +€35 | +5.3% |
| Pensions and similar obligations | 160 | €649 | €684 | +€35 | +5.3% |
| Amounts payable | 17/49 | €8,343,858 | €10,055,208 | +€1.7m | +20.5% |
| Amounts payable within one year | 42/48 | €6,203,176 | €7,028,690 | +€825,513 | +13.3% |
| Trade debts | 44 | €3,858,279 | €3,892,227 | +€33,948 | +0.9% |
| Suppliers | 440/4 | €3,858,279 | €3,892,227 | +€33,948 | +0.9% |
| Taxes, remuneration and social security | 45 | €20,404 | €24,829 | +€4,424 | +21.7% |
| Taxes | 450/3 | €3,146 | €2,963 | -€182 | -5.8% |
| Remuneration and social security | 454/9 | €17,259 | €21,865 | +€4,607 | +26.7% |
| Other amounts payable | 47/48 | €2,324,493 | €3,111,634 | +€787,141 | +33.9% |
| Accrued charges and deferred income | 492/3 | €2,140,681 | €3,026,518 | +€885,837 | +41.4% |
| Operating income | 70/76A | €19,755,311 | €22,375,357 | +€2.6m | +13.3% |
| Turnover | 70 | €19,752,273 | €22,372,611 | +€2.6m | +13.3% |
| Other operating income | 74 | €3,037 | €2,746 | -€291 | -9.6% |
| Operating charges | 60/66A | €19,617,018 | €21,651,779 | +€2.0m | +10.4% |
| Goods for resale, raw materials and consumables | 60 | €18,705,083 | €20,411,729 | +€1.7m | +9.1% |
| Purchases | 600/8 | €18,705,083 | €20,411,729 | +€1.7m | +9.1% |
| Services and other goods | 61 | €762,750 | €860,135 | +€97,385 | +12.8% |
| Remuneration, social security and pensions | 62 | €138,396 | €149,332 | +€10,936 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,646 | €6,147 | -€1,499 | -19.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €649 | €35 | -€615 | -94.7% |
| Other operating charges | 640/8 | €2,494 | €1,786 | -€708 | -28.4% |
| Non-recurring operating charges | 66A | - | €222,616 | +€222,616 | |
| Operating profit (loss) | 9901 | €138,293 | €723,577 | +€585,284 | +423% |
| Financial income | 75/76B | €2,498 | €14,203 | +€11,704 | +468% |
| Recurring financial income | 75 | €2,498 | €14,203 | +€11,704 | +468% |
| Other financial income | 752/9 | €2,498 | €14,203 | +€11,704 | +468% |
| Financial charges | 65/66B | €85,898 | €67,319 | -€18,579 | -21.6% |
| Recurring financial charges | 65 | €85,898 | €67,319 | -€18,579 | -21.6% |
| Debt charges | 650 | €79,295 | €54,388 | -€24,906 | -31.4% |
| Other financial charges | 652/9 | €6,604 | €12,931 | +€6,327 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | €54,893 | €670,461 | +€615,568 | +1,121% |
| Income taxes | 67/77 | €182 | €10,749 | +€10,567 | +5,793% |
| Taxes | 670/3 | €182 | €10,749 | +€10,567 | +5,793% |
| Profit (loss) for the period | 9904 | €54,711 | €659,712 | +€605,001 | +1,106% |
| Transfer from tax-exempt reserves | 789 | €84,200 | €117,880 | +€33,680 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,911 | €777,592 | +€638,681 | +460% |
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 15 October 2026 via checked.be.