IRIAL: 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.
IRIAL
Largest movements
- Receivables within one year +€14,947
up €14,947 (+64.7%), from €23,092 to €38,038
of which Trade receivables: +€15,055
- Tangible fixed assets -€6,082
down €6,082 (-34.4%), from €17,677 to €11,595
- Cash -€4,779
down €4,779 (-11.2%), from €42,592 to €37,813
mainly Receivables within one year (-€14,947) and Net result for the year (-€6,886)
- Trade debts +€10,606
up €10,606 (+41756.0%), from €25 to €10,631
- Tax, wage and social debts +€9,599
up €9,599 (+58.3%), from €16,460 to €26,060
of which Taxes: +€11,335
- Profit (loss) carried forward -€6,886
down €6,886 (-43.3%), from €15,913 to €9,027
- Debts after one year -€5,448
down €5,448 (-59.1%), from €9,214 to €3,766
- Other debts -€3,722
down €3,722 (-73.7%), from €5,047 to €1,325
- Staff costs +€15,545
up €15,545 (+186.3%), from €8,342 to €23,887
- Gross operating margin +€9,061
up €9,061 (+61.6%), from €14,701 to €23,762
- Depreciation +€1,681
up €1,681 (+38.2%), from €4,401 to €6,082
- Taxes -€775
down €775, from €462 to -€313
- Financial income -€307
down €307 (-100.0%), from €307 to €0
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 | €83,520 | €87,537 | +€4,017 | +4.8% |
| Fixed assets | 21/28 | €17,767 | €11,685 | -€6,082 | -34.2% |
| Tangible fixed assets | 22/27 | €17,677 | €11,595 | -€6,082 | -34.4% |
| Furniture and vehicles | 24 | €17,677 | €11,595 | -€6,082 | -34.4% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €65,753 | €75,852 | +€10,099 | +15.4% |
| Amounts receivable within one year | 40/41 | €23,092 | €38,038 | +€14,947 | +64.7% |
| Trade receivables | 40 | €22,891 | €37,946 | +€15,055 | +65.8% |
| Other amounts receivable | 41 | €201 | €93 | -€108 | -53.8% |
| Cash at bank and in hand | 54/58 | €42,592 | €37,813 | -€4,779 | -11.2% |
| Deferred charges and accrued income | 490/1 | €69 | - | -€69 | |
| Total equity and liabilities | 10/49 | €83,520 | €87,537 | +€4,017 | +4.8% |
| Equity | 10/15 | €47,073 | €40,187 | -€6,886 | -14.6% |
| Contributions | 10/11 | €16,160 | €16,160 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,913 | €9,027 | -€6,886 | -43.3% |
| Amounts payable | 17/49 | €36,447 | €47,350 | +€10,903 | +29.9% |
| Amounts payable after more than one year | 17 | €9,214 | €3,766 | -€5,448 | -59.1% |
| Financial debts | 170/4 | €9,214 | €3,766 | -€5,448 | -59.1% |
| Amounts payable within one year | 42/48 | €27,233 | €43,584 | +€16,351 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | €5,700 | €5,568 | -€132 | -2.3% |
| Trade debts | 44 | €25 | €10,631 | +€10,606 | +41756.0% |
| Suppliers | 440/4 | €25 | €10,631 | +€10,606 | +41756.0% |
| Taxes, remuneration and social security | 45 | €16,460 | €26,060 | +€9,599 | +58.3% |
| Taxes | 450/3 | €4,995 | €16,330 | +€11,335 | +226.9% |
| Remuneration and social security | 454/9 | €11,465 | €9,730 | -€1,735 | -15.1% |
| Other amounts payable | 47/48 | €5,047 | €1,325 | -€3,722 | -73.7% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €8,342 | €23,887 | +€15,545 | +186.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,401 | €6,082 | +€1,681 | +38.2% |
| Other operating charges | 640/8 | €260 | €375 | +€115 | +44.1% |
| Gross operating margin | 9900 | €14,701 | €23,762 | +€9,061 | +61.6% |
| Operating profit (loss) | 9901 | €1,698 | -€6,582 | -€8,280 | |
| Financial income | 75/76B | €307 | €0 | -€307 | -100.0% |
| Recurring financial income | 75 | €307 | €0 | -€307 | -100.0% |
| Financial charges | 65/66B | €413 | €618 | +€205 | +49.7% |
| Recurring financial charges | 65 | €413 | €618 | +€205 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €1,593 | -€7,199 | -€8,792 | |
| Income taxes | 67/77 | €462 | -€313 | -€775 | |
| Profit (loss) for the period | 9904 | €1,131 | -€6,886 | -€8,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,131 | -€6,886 | -€8,017 |
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 11 October 2026 via checked.be.