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
- Receivables within one year -€9,918
down €9,918 (-95.2%), from €10,423 to €505
- Stocks and contracts +€3,651
up €3,651 (+276.1%), from €1,322 to €4,973
- Cash -€2,304
down €2,304 (-35.9%), from €6,420 to €4,116
mainly Other debts (-€24,983) and Stocks and contracts (-€3,651)
- Tangible fixed assets +€656
up €656 (+8.6%), from €7,597 to €8,253
of which Furniture and vehicles: +€2,822
- Other debts -€24,983
down €24,983 (-78.8%), from €31,696 to €6,713
- Profit (loss) carried forward +€12,536
up €12,536 (+45.4%), from -€27,616 to -€15,080
- Tax, wage and social debts +€2,046
up €2,046 (+86.1%), from €2,375 to €4,421
of which Taxes: +€2,174
- Trade debts +€1,193
up €1,193 (+92.6%), from €1,289 to €2,482
- Debts after one year +€1,150
up €1,150 (+20.9%), from €5,500 to €6,650
- Gross operating margin +€8,910
up €8,910 (+55.3%), from €16,098 to €25,007
- Taxes +€3,720
new in 2025: €3,720
- Other operating charges +€2,830
up €2,830 (+498.2%), from €568 to €3,398
- Staff costs -€2,181
down €2,181 (-70.7%), from €3,083 to €902
- Financial charges +€1,507
new in 2025: €1,507
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.
Cash bridge derived
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 | €31,843 | €23,786 | -€8,057 | -25.3% |
| Fixed assets | 21/28 | €10,597 | €11,253 | +€656 | +6.2% |
| Tangible fixed assets | 22/27 | €7,597 | €8,253 | +€656 | +8.6% |
| Plant, machinery and equipment | 23 | €7,030 | €5,431 | -€1,599 | -22.7% |
| Furniture and vehicles | 24 | - | €2,822 | +€2,822 | |
| Other tangible fixed assets | 26 | €567 | - | -€567 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €21,246 | €12,533 | -€8,714 | -41.0% |
| Stocks and contracts in progress | 3 | €1,322 | €4,973 | +€3,651 | +276.1% |
| Stocks | 30/36 | €1,322 | €4,973 | +€3,651 | +276.1% |
| Amounts receivable within one year | 40/41 | €10,423 | €505 | -€9,918 | -95.2% |
| Trade receivables | 40 | €10,423 | €505 | -€9,918 | -95.2% |
| Cash at bank and in hand | 54/58 | €6,420 | €4,116 | -€2,304 | -35.9% |
| Deferred charges and accrued income | 490/1 | €3,081 | €2,940 | -€142 | -4.6% |
| Total equity and liabilities | 10/49 | €31,843 | €23,786 | -€8,057 | -25.3% |
| Equity | 10/15 | -€9,016 | €3,520 | +€12,536 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,616 | -€15,080 | +€12,536 | +45.4% |
| Amounts payable | 17/49 | €40,860 | €20,266 | -€20,594 | -50.4% |
| Amounts payable after more than one year | 17 | €5,500 | €6,650 | +€1,150 | +20.9% |
| Other amounts payable | 178/9 | €5,500 | €6,650 | +€1,150 | +20.9% |
| Amounts payable within one year | 42/48 | €35,360 | €13,616 | -€21,744 | -61.5% |
| Trade debts | 44 | €1,289 | €2,482 | +€1,193 | +92.6% |
| Suppliers | 440/4 | €1,289 | €2,482 | +€1,193 | +92.6% |
| Taxes, remuneration and social security | 45 | €2,375 | €4,421 | +€2,046 | +86.1% |
| Taxes | 450/3 | €2,247 | €4,421 | +€2,174 | +96.8% |
| Remuneration and social security | 454/9 | €128 | - | -€128 | |
| Other amounts payable | 47/48 | €31,696 | €6,713 | -€24,983 | -78.8% |
| Remuneration, social security and pensions | 62 | €3,083 | €902 | -€2,181 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €2,944 | +€1,408 | +91.6% |
| Other operating charges | 640/8 | €568 | €3,398 | +€2,830 | +498.2% |
| Gross operating margin | 9900 | €16,098 | €25,007 | +€8,910 | +55.3% |
| Operating profit (loss) | 9901 | €10,910 | €17,764 | +€6,853 | +62.8% |
| Financial charges | 65/66B | - | €1,507 | +€1,507 | |
| Recurring financial charges | 65 | - | €1,507 | +€1,507 | |
| Profit (loss) for the period before taxes | 9903 | €10,910 | €16,257 | +€5,346 | +49.0% |
| Income taxes | 67/77 | - | €3,720 | +€3,720 | |
| Profit (loss) for the period | 9904 | €10,910 | €12,536 | +€1,626 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,910 | €12,536 | +€1,626 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.