IRENOV: 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.
IRENOV
Largest movements
- Receivables after one year -€15,069
down €15,069 (-11.8%), from €127,340 to €112,271
- Receivables within one year -€9,020
down €9,020 (-10.2%), from €88,368 to €79,347
of which Other amounts receivable: -€18,664
- Tangible fixed assets -€2,689
down €2,689 (-52.7%), from €5,099 to €2,410
- Profit (loss) carried forward -€25,826
down €25,826 (-17.6%), from €146,585 to €120,759
- Contributions +€10,800
up €10,800 (+139%), from €7,750 to €18,550
- Tax, wage and social debts -€8,283
down €8,283 (-25.8%), from €32,108 to €23,825
of which Taxes: -€8,283
- Short-term financial debts +€6,951
new in 2024: €6,951
- Debts after one year -€4,845
down €4,845 (-66.2%), from €7,319 to €2,475
- Gross operating margin -€56,359
down €56,359 (-96.1%), from €58,666 to €2,307
- Taxes -€13,431
no longer reported in 2024 (was €13,431)
- Staff costs -€10,825
no longer reported in 2024 (was €10,825)
- Other operating charges +€6,671
up €6,671 (+31.4%), from €21,257 to €27,928
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.
Derived cash bridge
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 | €220,932 | €194,028 | -€26,904 | -12.2% |
| Fixed assets | 21/28 | €5,099 | €2,410 | -€2,689 | -52.7% |
| Tangible fixed assets | 22/27 | €5,099 | €2,410 | -€2,689 | -52.7% |
| Furniture and vehicles | 24 | €5,099 | €2,410 | -€2,689 | -52.7% |
| Current assets | 29/58 | €215,833 | €191,619 | -€24,214 | -11.2% |
| Amounts receivable after more than one year | 29 | €127,340 | €112,271 | -€15,069 | -11.8% |
| Other amounts receivable | 291 | €127,340 | €112,271 | -€15,069 | -11.8% |
| Amounts receivable within one year | 40/41 | €88,368 | €79,347 | -€9,020 | -10.2% |
| Trade receivables | 40 | €25,239 | €34,883 | +€9,644 | +38.2% |
| Other amounts receivable | 41 | €63,128 | €44,465 | -€18,664 | -29.6% |
| Cash at bank and in hand | 54/58 | €126 | - | -€126 | |
| Total equity and liabilities | 10/49 | €220,932 | €194,028 | -€26,904 | -12.2% |
| Equity | 10/15 | €156,190 | €141,164 | -€15,026 | -9.6% |
| Contributions | 10/11 | €7,750 | €18,550 | +€10,800 | +139% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,585 | €120,759 | -€25,826 | -17.6% |
| Amounts payable | 17/49 | €64,742 | €52,864 | -€11,877 | -18.3% |
| Amounts payable after more than one year | 17 | €7,319 | €2,475 | -€4,845 | -66.2% |
| Financial debts | 170/4 | €7,319 | €2,475 | -€4,845 | -66.2% |
| Amounts payable within one year | 42/48 | €57,422 | €50,390 | -€7,033 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €9,868 | €7,137 | -€2,731 | -27.7% |
| Financial debts | 43 | - | €6,951 | +€6,951 | |
| Credit institutions | 430/8 | - | €6,951 | +€6,951 | |
| Trade debts | 44 | €15,447 | €12,477 | -€2,970 | -19.2% |
| Suppliers | 440/4 | €15,447 | €12,477 | -€2,970 | -19.2% |
| Taxes, remuneration and social security | 45 | €32,108 | €23,825 | -€8,283 | -25.8% |
| Taxes | 450/3 | €26,973 | €18,690 | -€8,283 | -30.7% |
| Remuneration and social security | 454/9 | €5,135 | €5,135 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €10,825 | - | -€10,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €690 | €662 | -€28 | -4.1% |
| Other operating charges | 640/8 | €21,257 | €27,928 | +€6,671 | +31.4% |
| Gross operating margin | 9900 | €58,666 | €2,307 | -€56,359 | -96.1% |
| Operating profit (loss) | 9901 | €25,894 | -€26,283 | -€52,177 | |
| Financial income | 75/76B | €2,249 | €2,028 | -€221 | -9.8% |
| Recurring financial income | 75 | €2,249 | €2,028 | -€221 | -9.8% |
| Financial charges | 65/66B | €1,290 | €1,572 | +€282 | +21.9% |
| Recurring financial charges | 65 | €1,290 | €1,572 | +€282 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €26,853 | -€25,826 | -€52,680 | |
| Income taxes | 67/77 | €13,431 | - | -€13,431 | |
| Profit (loss) for the period | 9904 | €13,422 | -€25,826 | -€39,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,422 | -€25,826 | -€39,249 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.