Iridium: 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.
Iridium
Largest movements
- Receivables after one year -€842,700
down €842,700 (-100.0%), from €842,700 to €0
- Receivables within one year +€15,716
new in 2025: €15,716
- Other debts -€813,035
down €813,035 (-96.9%), from €838,695 to €25,660
- Financial income -€23,980
down €23,980 (-50.3%), from €47,700 to €23,720
- Financial charges -€11,021
down €11,021 (-29.8%), from €37,023 to €26,003
- Taxes -€2,042
down €2,042 (-100.0%), from €2,042 to €0
- Other operating charges -€459
down €459 (-28.0%), from €1,640 to €1,181
- Gross operating margin -€285
down €285 (-23.6%), from -€1,212 to -€1,497
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,280,050 | €453,066 | -€826,984 | -64.6% |
| Fixed assets | 21/28 | €437,350 | €437,350 | = | 0.0% |
| Tangible fixed assets | 22/27 | €437,350 | €437,350 | = | 0.0% |
| Other tangible fixed assets | 26 | €437,350 | €437,350 | = | 0.0% |
| Current assets | 29/58 | €842,700 | €15,716 | -€826,984 | -98.1% |
| Amounts receivable after more than one year | 29 | €842,700 | €0 | -€842,700 | -100.0% |
| Other amounts receivable | 291 | €842,700 | €0 | -€842,700 | -100.0% |
| Amounts receivable within one year | 40/41 | - | €15,716 | +€15,716 | |
| Other amounts receivable | 41 | - | €15,716 | +€15,716 | |
| Total equity and liabilities | 10/49 | €1,280,050 | €453,066 | -€826,984 | -64.6% |
| Equity | 10/15 | €430,487 | €425,526 | -€4,960 | -1.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,487 | €25,526 | -€4,960 | -16.3% |
| Amounts payable | 17/49 | €849,563 | €27,540 | -€822,024 | -96.8% |
| Amounts payable within one year | 42/48 | €849,563 | €27,540 | -€822,024 | -96.8% |
| Trade debts | 44 | €1,333 | €1,338 | +€4 | +0.3% |
| Suppliers | 440/4 | €1,333 | €1,338 | +€4 | +0.3% |
| Taxes, remuneration and social security | 45 | €9,535 | €542 | -€8,993 | -94.3% |
| Taxes | 450/3 | €9,535 | €542 | -€8,993 | -94.3% |
| Other amounts payable | 47/48 | €838,695 | €25,660 | -€813,035 | -96.9% |
| Other operating charges | 640/8 | €1,640 | €1,181 | -€459 | -28.0% |
| Gross operating margin | 9900 | -€1,212 | -€1,497 | -€285 | -23.6% |
| Operating profit (loss) | 9901 | -€2,852 | -€2,678 | +€173 | +6.1% |
| Financial income | 75/76B | €47,700 | €23,720 | -€23,980 | -50.3% |
| Recurring financial income | 75 | €47,700 | €23,720 | -€23,980 | -50.3% |
| Financial charges | 65/66B | €37,023 | €26,003 | -€11,021 | -29.8% |
| Recurring financial charges | 65 | €37,023 | €26,003 | -€11,021 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €7,825 | -€4,960 | -€12,785 | |
| Income taxes | 67/77 | €2,042 | €0 | -€2,042 | -100.0% |
| Profit (loss) for the period | 9904 | €5,783 | -€4,960 | -€10,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,783 | -€4,960 | -€10,743 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.