IREM: 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.
IREM
Largest movements
- Tangible fixed assets -€37,585
down €37,585 (-63.0%), from €59,641 to €22,056
of which Furniture and vehicles: -€39,791
- Receivables within one year +€34,842
up €34,842 (+37.2%), from €93,646 to €128,488
of which Other amounts receivable: +€35,046
- Cash +€7,723
up €7,723 (+52.4%), from €14,745 to €22,468
mainly Investment in fixed assets (net) (+€29,124) and Depreciation (+€8,461)
- Trade debts +€7,063
up €7,063 (+28.6%), from €24,685 to €31,748
- Profit (loss) carried forward -€5,005
down €5,005 (-13.3%), from €37,765 to €32,760
- Tax, wage and social debts +€3,427
up €3,427 (+3.0%), from €112,787 to €116,214
of which Taxes: +€11,363
- Staff costs +€29,415
up €29,415 (+13.0%), from €226,681 to €256,096
- Gross operating margin +€26,416
up €26,416 (+9.1%), from €291,225 to €317,641
- Taxes -€8,222
down €8,222 (-68.5%), from €12,007 to €3,785
- Other operating charges +€5,415
up €5,415 (+61.0%), from €8,883 to €14,298
- Financial charges +€3,353
up €3,353 (+126%), from €2,657 to €6,010
of which Non-recurring financial charges: +€4,100
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 | €177,237 | €182,722 | +€5,485 | +3.1% |
| Fixed assets | 21/28 | €62,691 | €25,106 | -€37,585 | -60.0% |
| Tangible fixed assets | 22/27 | €59,641 | €22,056 | -€37,585 | -63.0% |
| Plant, machinery and equipment | 23 | €763 | €2,969 | +€2,206 | +289% |
| Furniture and vehicles | 24 | €58,878 | €19,087 | -€39,791 | -67.6% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €114,546 | €157,616 | +€43,070 | +37.6% |
| Amounts receivable within one year | 40/41 | €93,646 | €128,488 | +€34,842 | +37.2% |
| Trade receivables | 40 | €55,659 | €55,455 | -€204 | -0.4% |
| Other amounts receivable | 41 | €37,987 | €73,033 | +€35,046 | +92.3% |
| Cash at bank and in hand | 54/58 | €14,745 | €22,468 | +€7,723 | +52.4% |
| Deferred charges and accrued income | 490/1 | €6,155 | €6,660 | +€505 | +8.2% |
| Total equity and liabilities | 10/49 | €177,237 | €182,722 | +€5,485 | +3.1% |
| Equity | 10/15 | €39,765 | €34,760 | -€5,005 | -12.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,765 | €32,760 | -€5,005 | -13.3% |
| Amounts payable | 17/49 | €137,472 | €147,962 | +€10,490 | +7.6% |
| Amounts payable within one year | 42/48 | €137,472 | €147,962 | +€10,490 | +7.6% |
| Trade debts | 44 | €24,685 | €31,748 | +€7,063 | +28.6% |
| Suppliers | 440/4 | €24,685 | €31,748 | +€7,063 | +28.6% |
| Taxes, remuneration and social security | 45 | €112,787 | €116,214 | +€3,427 | +3.0% |
| Taxes | 450/3 | €42,185 | €53,548 | +€11,363 | +26.9% |
| Remuneration and social security | 454/9 | €70,602 | €62,666 | -€7,936 | -11.2% |
| Remuneration, social security and pensions | 62 | €226,681 | €256,096 | +€29,415 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,614 | €8,461 | -€153 | -1.8% |
| Other operating charges | 640/8 | €8,883 | €14,298 | +€5,415 | +61.0% |
| Non-recurring operating charges | 66A | - | €36,662 | +€36,662 | |
| Gross operating margin | 9900 | €291,225 | €317,641 | +€26,416 | +9.1% |
| Operating profit (loss) | 9901 | €47,047 | €2,124 | -€44,923 | -95.5% |
| Financial income | 75/76B | €1,603 | €2,666 | +€1,063 | +66.3% |
| Recurring financial income | 75 | €1,603 | €2,666 | +€1,063 | +66.3% |
| Financial charges | 65/66B | €2,657 | €6,010 | +€3,353 | +126% |
| Recurring financial charges | 65 | €2,657 | €1,910 | -€747 | -28.1% |
| Non-recurring financial charges | 66B | - | €4,100 | +€4,100 | |
| Profit (loss) for the period before taxes | 9903 | €45,993 | -€1,220 | -€47,213 | |
| Income taxes | 67/77 | €12,007 | €3,785 | -€8,222 | -68.5% |
| Profit (loss) for the period | 9904 | €33,986 | -€5,005 | -€38,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,986 | -€5,005 | -€38,991 |
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 13 October 2026 via checked.be.