IRHAAM: what changed
What changed
IRHAAM
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€52,894
2024 · €17,796+€35,097
Equity
€128,099
2024 · €75,205+€52,894
Cash
€47,014
2024 · €48,516-€1,502
Balance sheet total
€170,142
2024 · €114,121+€56,020
Largest movements
Assets
- Receivables within one year +€39,442
up €39,442 (+2,618%), from €1,507 to €40,949
of which Trade receivables: +€35,130
- Tangible fixed assets +€18,084
up €18,084 (+28.6%), from €63,231 to €81,316
Equity and liabilities
- Profit (loss) carried forward +€52,894
up €52,894 (+97.2%), from €54,409 to €107,303
- Tax, wage and social debts +€5,490
up €5,490 (+576%), from €953 to €6,443
- Other debts -€2,085
down €2,085 (-18.7%), from €11,137 to €9,052
Income statement
- Gross operating margin +€48,007
up €48,007 (+117%), from €41,007 to €89,014
- Depreciation +€8,860
up €8,860 (+65.8%), from €13,458 to €22,318
- Taxes +€5,416
up €5,416 (+77.9%), from €6,953 to €12,369
- Financial charges -€1,012
down €1,012 (-86.7%), from €1,168 to €156
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,796
Gross operating margin
+€48,007
Depreciation
-€8,860
Other operating charges
+€150
Financial income
+€204
Financial charges
+€1,012
Taxes
-€5,416
Result 2025
€52,894
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,900
Investment
-€40,402
Financing
€0
Cash 2024
€48,516
From operations (derived)
+€38,900
Net result for the year
+€52,894
Depreciation
+€22,318
Receivables within one year
-€39,442
Deferred charges and accrued income
+€4
Trade debts
-€279
Tax, wage and social debts
+€5,490
Other debts
-€2,085
Investment (derived)
-€40,402
Investment in fixed assets (net)
-€40,402
Cash 2025
€47,014
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,121 | €170,142 | +€56,020 | +49.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €63,231 | €81,316 | +€18,084 | +28.6% |
| Tangible fixed assets | 22/27 | €63,231 | €81,316 | +€18,084 | +28.6% |
| Furniture and vehicles | 24 | €63,231 | €81,316 | +€18,084 | +28.6% |
| Current assets | 29/58 | €50,890 | €88,826 | +€37,936 | +74.5% |
| Amounts receivable within one year | 40/41 | €1,507 | €40,949 | +€39,442 | +2,618% |
| Trade receivables | 40 | - | €35,130 | +€35,130 | |
| Other amounts receivable | 41 | €1,507 | €5,819 | +€4,312 | +286% |
| Cash at bank and in hand | 54/58 | €48,516 | €47,014 | -€1,502 | -3.1% |
| Deferred charges and accrued income | 490/1 | €867 | €864 | -€4 | -0.4% |
| Total equity and liabilities | 10/49 | €114,121 | €170,142 | +€56,020 | +49.1% |
| Equity | 10/15 | €75,205 | €128,099 | +€52,894 | +70.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,796 | €17,796 | = | 0.0% |
| Distributable reserves | 133 | €17,796 | €17,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,409 | €107,303 | +€52,894 | +97.2% |
| Amounts payable | 17/49 | €38,916 | €42,043 | +€3,126 | +8.0% |
| Amounts payable within one year | 42/48 | €38,916 | €42,043 | +€3,126 | +8.0% |
| Trade debts | 44 | €26,825 | €26,547 | -€279 | -1.0% |
| Suppliers | 440/4 | €26,825 | €26,547 | -€279 | -1.0% |
| Taxes, remuneration and social security | 45 | €953 | €6,443 | +€5,490 | +576% |
| Taxes | 450/3 | €953 | €6,443 | +€5,490 | +576% |
| Other amounts payable | 47/48 | €11,137 | €9,052 | -€2,085 | -18.7% |
| Non-recurring operating income | 76A | - | €7,282 | +€7,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,458 | €22,318 | +€8,860 | +65.8% |
| Other operating charges | 640/8 | €1,633 | €1,483 | -€150 | -9.2% |
| Gross operating margin | 9900 | €41,007 | €89,014 | +€48,007 | +117% |
| Operating profit (loss) | 9901 | €25,916 | €65,213 | +€39,297 | +152% |
| Financial income | 75/76B | €2 | €206 | +€204 | +11,942% |
| Recurring financial income | 75 | €2 | €206 | +€204 | +11,942% |
| Financial charges | 65/66B | €1,168 | €156 | -€1,012 | -86.7% |
| Recurring financial charges | 65 | €1,168 | €156 | -€1,012 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €24,750 | €65,263 | +€40,513 | +164% |
| Income taxes | 67/77 | €6,953 | €12,369 | +€5,416 | +77.9% |
| Profit (loss) for the period | 9904 | €17,796 | €52,894 | +€35,097 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €17,796 | €52,894 | +€35,097 | +197% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.