IRIDIUM COMPUTER SYSTEMS: 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.
IRIDIUM COMPUTER SYSTEMS
Largest movements
- Receivables within one year -€1,330
down €1,330 (-12.6%), from €10,519 to €9,190
of which Trade receivables: -€1,729
- Tangible fixed assets -€954
down €954 (-14.0%), from €6,798 to €5,844
of which Land and buildings: -€835
- Reserves -€3,427
down €3,427 (-53.7%), from €6,381 to €2,954
- Tax, wage and social debts +€929
up €929 (+90.9%), from €1,021 to €1,950
- Gross operating margin -€4,409
down €4,409 (-31.5%), from €13,984 to €9,575
- Taxes -€538
down €538 (-22.5%), from €2,389 to €1,851
- Depreciation -€195
down €195 (-6.4%), from €3,047 to €2,853
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 | €17,318 | €15,034 | -€2,284 | -13.2% |
| Fixed assets | 21/28 | €6,798 | €5,844 | -€954 | -14.0% |
| Tangible fixed assets | 22/27 | €6,798 | €5,844 | -€954 | -14.0% |
| Land and buildings | 22 | €1,036 | €201 | -€835 | -80.6% |
| Furniture and vehicles | 24 | €3,408 | €3,373 | -€35 | -1.0% |
| Other tangible fixed assets | 26 | €2,354 | €2,270 | -€84 | -3.6% |
| Current assets | 29/58 | €10,519 | €9,190 | -€1,330 | -12.6% |
| Amounts receivable within one year | 40/41 | €10,519 | €9,190 | -€1,330 | -12.6% |
| Trade receivables | 40 | €10,519 | €8,791 | -€1,729 | -16.4% |
| Other amounts receivable | 41 | - | €399 | +€399 | |
| Total equity and liabilities | 10/49 | €17,318 | €15,034 | -€2,284 | -13.2% |
| Equity | 10/15 | €8,881 | €5,454 | -€3,427 | -38.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,381 | €2,954 | -€3,427 | -53.7% |
| Distributable reserves | 133 | €6,381 | €2,954 | -€3,427 | -53.7% |
| Amounts payable | 17/49 | €8,436 | €9,580 | +€1,143 | +13.6% |
| Amounts payable within one year | 42/48 | €8,344 | €9,489 | +€1,145 | +13.7% |
| Financial debts | 43 | €1,347 | €1,436 | +€89 | +6.6% |
| Credit institutions | 430/8 | €1,347 | €1,436 | +€89 | +6.6% |
| Trade debts | 44 | €785 | €863 | +€78 | +10.0% |
| Suppliers | 440/4 | €785 | €863 | +€78 | +10.0% |
| Taxes, remuneration and social security | 45 | €1,021 | €1,950 | +€929 | +90.9% |
| Taxes | 450/3 | €1,021 | €1,950 | +€929 | +90.9% |
| Other amounts payable | 47/48 | €5,192 | €5,241 | +€49 | +0.9% |
| Accrued charges and deferred income | 492/3 | €92 | €91 | -€1 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,047 | €2,853 | -€195 | -6.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €13,984 | €9,575 | -€4,409 | -31.5% |
| Operating profit (loss) | 9901 | €10,409 | €6,179 | -€4,231 | -40.6% |
| Financial income | 75/76B | €99 | €0 | -€98 | -99.8% |
| Recurring financial income | 75 | €99 | €0 | -€98 | -99.8% |
| Financial charges | 65/66B | €71 | €89 | +€17 | +24.4% |
| Recurring financial charges | 65 | €71 | €89 | +€17 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €10,436 | €6,090 | -€4,346 | -41.6% |
| Income taxes | 67/77 | €2,389 | €1,851 | -€538 | -22.5% |
| Profit (loss) for the period | 9904 | €8,047 | €4,239 | -€3,808 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,047 | €4,239 | -€3,808 | -47.3% |
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.