IRH: 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.
IRH
Largest movements
- Cash +€34,547
up €34,547 (+106%), from €32,676 to €67,223
mainly Net result for the year (+€24,052) and Receivables within one year (+€15,422)
- Receivables within one year -€15,422
down €15,422 (-27.1%), from €56,890 to €41,468
of which Trade receivables: -€10,922
- Tangible fixed assets -€4,147
down €4,147 (-19.0%), from €21,819 to €17,672
of which Furniture and vehicles: -€2,084
- Deferred charges and accrued income +€1,964
up €1,964 (+202%), from €971 to €2,936
- Profit (loss) carried forward +€24,052
up €24,052 (+31.0%), from €77,633 to €101,685
- Trade debts -€5,247
down €5,247 (-84.5%), from €6,210 to €962
- Tax, wage and social debts -€1,863
down €1,863 (-7.0%), from €26,515 to €24,652
of which Taxes: -€3,163
- Gross operating margin -€21,232
down €21,232 (-35.6%), from €59,648 to €38,416
- Taxes -€3,275
down €3,275 (-26.3%), from €12,435 to €9,160
- Financial income +€1,255
up €1,255 (+1,480%), from €85 to €1,340
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 | €112,357 | €129,299 | +€16,942 | +15.1% |
| Fixed assets | 21/28 | €21,819 | €17,672 | -€4,147 | -19.0% |
| Tangible fixed assets | 22/27 | €21,819 | €17,672 | -€4,147 | -19.0% |
| Land and buildings | 22 | €10,025 | €8,901 | -€1,125 | -11.2% |
| Plant, machinery and equipment | 23 | €7,050 | €6,112 | -€938 | -13.3% |
| Furniture and vehicles | 24 | €4,744 | €2,659 | -€2,084 | -43.9% |
| Current assets | 29/58 | €90,537 | €111,626 | +€21,089 | +23.3% |
| Amounts receivable within one year | 40/41 | €56,890 | €41,468 | -€15,422 | -27.1% |
| Trade receivables | 40 | €20,890 | €9,968 | -€10,922 | -52.3% |
| Other amounts receivable | 41 | €36,000 | €31,500 | -€4,500 | -12.5% |
| Cash at bank and in hand | 54/58 | €32,676 | €67,223 | +€34,547 | +106% |
| Deferred charges and accrued income | 490/1 | €971 | €2,936 | +€1,964 | +202% |
| Total equity and liabilities | 10/49 | €112,357 | €129,299 | +€16,942 | +15.1% |
| Equity | 10/15 | €79,633 | €103,685 | +€24,052 | +30.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,633 | €101,685 | +€24,052 | +31.0% |
| Amounts payable | 17/49 | €32,724 | €25,614 | -€7,110 | -21.7% |
| Amounts payable within one year | 42/48 | €32,724 | €25,614 | -€7,110 | -21.7% |
| Trade debts | 44 | €6,210 | €962 | -€5,247 | -84.5% |
| Suppliers | 440/4 | €6,210 | €962 | -€5,247 | -84.5% |
| Taxes, remuneration and social security | 45 | €26,515 | €24,652 | -€1,863 | -7.0% |
| Taxes | 450/3 | €26,515 | €23,352 | -€3,163 | -11.9% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,191 | €5,511 | +€320 | +6.2% |
| Other operating charges | 640/8 | €669 | €919 | +€250 | +37.3% |
| Gross operating margin | 9900 | €59,648 | €38,416 | -€21,232 | -35.6% |
| Operating profit (loss) | 9901 | €53,788 | €31,986 | -€21,802 | -40.5% |
| Financial income | 75/76B | €85 | €1,340 | +€1,255 | +1,480% |
| Recurring financial income | 75 | €85 | €1,340 | +€1,255 | +1,480% |
| Financial charges | 65/66B | €101 | €113 | +€13 | +12.7% |
| Recurring financial charges | 65 | €101 | €113 | +€13 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €53,772 | €33,213 | -€20,560 | -38.2% |
| Income taxes | 67/77 | €12,435 | €9,160 | -€3,275 | -26.3% |
| Profit (loss) for the period | 9904 | €41,337 | €24,052 | -€17,285 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,337 | €24,052 | -€17,285 | -41.8% |
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 18 October 2026 via checked.be.