IRIDA: what changed
Two fiscal 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.
IRIDA
Largest movements
- Receivables after one year +€81,680
up €81,680 (+10.0%), from €814,922 to €896,602
- Receivables within one year +€58,667
up €58,667 (+44.8%), from €130,943 to €189,610
of which Trade receivables: +€60,960
- Tangible fixed assets +€53,568
up €53,568 (+2.9%), from €1.8m to €1.9m
of which Furniture and vehicles: +€82,083
- Debts after one year +€190,391
up €190,391 (+9.2%), from €2.1m to €2.3m
of which Financial debts: +€186,087
- Trade debts +€55,180
up €55,180 (+158.3%), from €34,863 to €90,042
- Profit (loss) carried forward -€38,199
down €38,199 (-10.1%), from €379,784 to €341,585
- Gross operating margin -€136,915
down €136,915 (-69.7%), from €196,433 to €59,518
- Depreciation -€64,922
down €64,922 (-54.7%), from €118,633 to €53,711
- Taxes +€42,120
up €42,120, from -€42,120 to €0
- Staff costs -€22,040
down €22,040 (-100.0%), from €22,046 to €6
- Financial income +€20,633
up €20,633 (+218.0%), from €9,464 to €30,097
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.
Cash bridge derived
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 | €2,952,926 | €3,140,824 | +€187,898 | +6.4% |
| Fixed assets | 21/28 | €1,998,986 | €2,047,269 | +€48,283 | +2.4% |
| Intangible fixed assets | 21 | €24,295 | €19,011 | -€5,284 | -21.8% |
| Tangible fixed assets | 22/27 | €1,824,729 | €1,878,297 | +€53,568 | +2.9% |
| Land and buildings | 22 | €1,622,235 | €1,606,577 | -€15,658 | -1.0% |
| Plant, machinery and equipment | 23 | €26,491 | €26,633 | +€142 | +0.5% |
| Furniture and vehicles | 24 | €3,714 | €85,797 | +€82,083 | +2209.8% |
| Leasing and similar rights | 25 | €172,289 | €159,289 | -€13,000 | -7.5% |
| Financial fixed assets | 28 | €149,962 | €149,962 | = | 0.0% |
| Current assets | 29/58 | €953,940 | €1,093,554 | +€139,615 | +14.6% |
| Amounts receivable after more than one year | 29 | €814,922 | €896,602 | +€81,680 | +10.0% |
| Other amounts receivable | 291 | €814,922 | €896,602 | +€81,680 | +10.0% |
| Amounts receivable within one year | 40/41 | €130,943 | €189,610 | +€58,667 | +44.8% |
| Trade receivables | 40 | €113,970 | €174,930 | +€60,960 | +53.5% |
| Other amounts receivable | 41 | €16,973 | €14,680 | -€2,293 | -13.5% |
| Cash at bank and in hand | 54/58 | €969 | €29 | -€939 | -97.0% |
| Deferred charges and accrued income | 490/1 | €7,106 | €7,313 | +€207 | +2.9% |
| Total equity and liabilities | 10/49 | €2,952,926 | €3,140,824 | +€187,898 | +6.4% |
| Equity | 10/15 | €631,644 | €593,445 | -€38,199 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,260 | €233,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €231,400 | €231,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €379,784 | €341,585 | -€38,199 | -10.1% |
| Amounts payable | 17/49 | €2,321,282 | €2,547,379 | +€226,097 | +9.7% |
| Amounts payable after more than one year | 17 | €2,076,853 | €2,267,244 | +€190,391 | +9.2% |
| Financial debts | 170/4 | €2,024,586 | €2,210,673 | +€186,087 | +9.2% |
| Other amounts payable | 178/9 | €52,267 | €56,571 | +€4,304 | +8.2% |
| Amounts payable within one year | 42/48 | €244,429 | €280,135 | +€35,706 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €201,059 | €182,442 | -€18,617 | -9.3% |
| Financial debts | 43 | €2,341 | €786 | -€1,556 | -66.4% |
| Credit institutions | 430/8 | €2,341 | €786 | -€1,556 | -66.4% |
| Trade debts | 44 | €34,863 | €90,042 | +€55,180 | +158.3% |
| Suppliers | 440/4 | €34,863 | €90,042 | +€55,180 | +158.3% |
| Taxes, remuneration and social security | 45 | €6,167 | €6,865 | +€698 | +11.3% |
| Taxes | 450/3 | €4,601 | €6,865 | +€2,263 | +49.2% |
| Remuneration and social security | 454/9 | €1,565 | €0 | -€1,565 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €22,046 | €6 | -€22,040 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,633 | €53,711 | -€64,922 | -54.7% |
| Other operating charges | 640/8 | €15,604 | €20,523 | +€4,919 | +31.5% |
| Gross operating margin | 9900 | €196,433 | €59,518 | -€136,915 | -69.7% |
| Operating profit (loss) | 9901 | €40,150 | -€14,723 | -€54,873 | |
| Financial income | 75/76B | €9,464 | €30,097 | +€20,633 | +218.0% |
| Recurring financial income | 75 | €9,464 | €30,097 | +€20,633 | +218.0% |
| Financial charges | 65/66B | €49,247 | €53,574 | +€4,327 | +8.8% |
| Recurring financial charges | 65 | €49,247 | €53,574 | +€4,327 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €368 | -€38,199 | -€38,566 | |
| Income taxes | 67/77 | -€42,120 | €0 | +€42,120 | |
| Profit (loss) for the period | 9904 | €42,488 | -€38,199 | -€80,686 | |
| Transfer to tax-exempt reserves | 689 | €20,000 | €0 | -€20,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,488 | -€38,199 | -€60,686 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.