IRIE: 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.
IRIE
Largest movements
- Receivables within one year -€53,319
down €53,319 (-39.7%), from €134,205 to €80,886
of which Trade receivables: -€59,972
- Cash -€27,143
down €27,143 (-55.8%), from €48,654 to €21,512
mainly Net result for the year (-€38,270) and Tax, wage and social debts (-€33,041)
- Tangible fixed assets -€13,058
down €13,058 (-24.9%), from €52,523 to €39,464
of which Plant, machinery and equipment: -€13,248
- Stocks and contracts +€12,355
up €12,355 (+34.1%), from €36,260 to €48,616
- Reserves -€38,270
down €38,270 (-68.1%), from €56,203 to €17,933
- Tax, wage and social debts -€33,041
down €33,041 (-35.6%), from €92,843 to €59,803
of which Taxes: -€20,834
- Trade debts -€19,739
down €19,739 (-28.0%), from €70,517 to €50,778
- Other debts +€18,222
up €18,222 (+139.0%), from €13,112 to €31,335
- Debts after one year -€12,261
down €12,261 (-66.4%), from €18,459 to €6,198
- Gross operating margin -€28,740
down €28,740 (-6.1%), from €469,544 to €440,805
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 | €273,219 | €193,328 | -€79,891 | -29.2% |
| Fixed assets | 21/28 | €52,523 | €39,464 | -€13,058 | -24.9% |
| Tangible fixed assets | 22/27 | €52,523 | €39,464 | -€13,058 | -24.9% |
| Plant, machinery and equipment | 23 | €47,365 | €34,118 | -€13,248 | -28.0% |
| Furniture and vehicles | 24 | €3,168 | €103 | -€3,064 | -96.7% |
| Other tangible fixed assets | 26 | €1,990 | €5,243 | +€3,254 | +163.5% |
| Current assets | 29/58 | €220,696 | €153,863 | -€66,833 | -30.3% |
| Stocks and contracts in progress | 3 | €36,260 | €48,616 | +€12,355 | +34.1% |
| Stocks | 30/36 | €36,260 | €48,616 | +€12,355 | +34.1% |
| Amounts receivable within one year | 40/41 | €134,205 | €80,886 | -€53,319 | -39.7% |
| Trade receivables | 40 | €132,725 | €72,753 | -€59,972 | -45.2% |
| Other amounts receivable | 41 | €1,480 | €8,133 | +€6,653 | +449.6% |
| Cash at bank and in hand | 54/58 | €48,654 | €21,512 | -€27,143 | -55.8% |
| Deferred charges and accrued income | 490/1 | €1,576 | €2,850 | +€1,274 | +80.8% |
| Total equity and liabilities | 10/49 | €273,219 | €193,328 | -€79,891 | -29.2% |
| Equity | 10/15 | €66,203 | €27,933 | -€38,270 | -57.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €56,203 | €17,933 | -€38,270 | -68.1% |
| Distributable reserves | 133 | €56,203 | €17,933 | -€38,270 | -68.1% |
| Amounts payable | 17/49 | €207,017 | €165,395 | -€41,622 | -20.1% |
| Amounts payable after more than one year | 17 | €18,459 | €6,198 | -€12,261 | -66.4% |
| Financial debts | 170/4 | €18,459 | €6,198 | -€12,261 | -66.4% |
| Amounts payable within one year | 42/48 | €188,558 | €154,177 | -€34,381 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €12,085 | €12,261 | +€176 | +1.5% |
| Trade debts | 44 | €70,517 | €50,778 | -€19,739 | -28.0% |
| Suppliers | 440/4 | €70,517 | €50,778 | -€19,739 | -28.0% |
| Taxes, remuneration and social security | 45 | €92,843 | €59,803 | -€33,041 | -35.6% |
| Taxes | 450/3 | €49,142 | €28,308 | -€20,834 | -42.4% |
| Remuneration and social security | 454/9 | €43,701 | €31,494 | -€12,207 | -27.9% |
| Other amounts payable | 47/48 | €13,112 | €31,335 | +€18,222 | +139.0% |
| Accrued charges and deferred income | 492/3 | - | €5,021 | +€5,021 | |
| Remuneration, social security and pensions | 62 | €442,420 | €444,450 | +€2,030 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,725 | €21,698 | +€2,972 | +15.9% |
| Other operating charges | 640/8 | €6,395 | €5,065 | -€1,330 | -20.8% |
| Gross operating margin | 9900 | €469,544 | €440,805 | -€28,740 | -6.1% |
| Operating profit (loss) | 9901 | €2,004 | -€30,408 | -€32,412 | |
| Financial income | 75/76B | €0 | €529 | +€528 | +211308.0% |
| Recurring financial income | 75 | €0 | €529 | +€528 | +211308.0% |
| Financial charges | 65/66B | €1,035 | €5,078 | +€4,042 | +390.4% |
| Recurring financial charges | 65 | €1,035 | €5,078 | +€4,042 | +390.4% |
| Profit (loss) for the period before taxes | 9903 | €969 | -€34,957 | -€35,926 | |
| Income taxes | 67/77 | €123 | €3,313 | +€3,190 | +2588.9% |
| Profit (loss) for the period | 9904 | €846 | -€38,270 | -€39,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €846 | -€38,270 | -€39,116 |
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 2 October 2026 via checked.be.