IRIGI: 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.
IRIGI
Largest movements
- Receivables within one year -€125,130
down €125,130 (-99.7%), from €125,509 to €378
of which Trade receivables: -€121,551
- Tangible fixed assets -€38,624
down €38,624 (-3.9%), from €990,079 to €951,455
of which Land and buildings: -€26,234
- Trade debts -€86,333
down €86,333 (-65.7%), from €131,441 to €45,108
- Debts after one year -€31,412
down €31,412 (-4.8%), from €649,712 to €618,301
- Other debts -€21,765
down €21,765 (-15.6%), from €139,500 to €117,734
- Gross operating margin -€365,558
down €365,558 (-83.5%), from €437,789 to €72,232
- Depreciation -€7,833
down €7,833 (-12.4%), from €63,105 to €55,273
- Financial charges -€7,571
down €7,571 (-24.5%), from €30,912 to €23,341
of which Non-recurring financial charges: -€15,013
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 | €1,116,607 | €952,169 | -€164,438 | -14.7% |
| Fixed assets | 21/28 | €990,079 | €951,455 | -€38,624 | -3.9% |
| Tangible fixed assets | 22/27 | €990,079 | €951,455 | -€38,624 | -3.9% |
| Land and buildings | 22 | €898,010 | €871,776 | -€26,234 | -2.9% |
| Plant, machinery and equipment | 23 | €90,441 | €78,931 | -€11,511 | -12.7% |
| Furniture and vehicles | 24 | €1,628 | €748 | -€879 | -54.0% |
| Current assets | 29/58 | €126,528 | €715 | -€125,814 | -99.4% |
| Amounts receivable within one year | 40/41 | €125,509 | €378 | -€125,130 | -99.7% |
| Trade receivables | 40 | €121,551 | - | -€121,551 | |
| Other amounts receivable | 41 | €3,958 | €378 | -€3,580 | -90.4% |
| Cash at bank and in hand | 54/58 | €1,020 | €336 | -€683 | -67.0% |
| Total equity and liabilities | 10/49 | €1,116,607 | €952,169 | -€164,438 | -14.7% |
| Equity | 10/15 | €145,879 | €139,175 | -€6,704 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,458 | €384,458 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,997 | €1,997 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,997 | €1,997 | = | 0.0% |
| Tax-exempt reserves | 132 | €382,461 | €382,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,179 | -€263,883 | -€6,704 | -2.6% |
| Amounts payable | 17/49 | €970,728 | €812,994 | -€157,734 | -16.2% |
| Amounts payable after more than one year | 17 | €649,712 | €618,301 | -€31,412 | -4.8% |
| Financial debts | 170/4 | €649,712 | €618,301 | -€31,412 | -4.8% |
| Amounts payable within one year | 42/48 | €321,015 | €194,693 | -€126,322 | -39.4% |
| Current portion of amounts payable after more than one year | 42 | €30,272 | €31,412 | +€1,139 | +3.8% |
| Financial debts | 43 | €10,444 | - | -€10,444 | |
| Credit institutions | 430/8 | €10,444 | - | -€10,444 | |
| Trade debts | 44 | €131,441 | €45,108 | -€86,333 | -65.7% |
| Suppliers | 440/4 | €131,441 | €45,108 | -€86,333 | -65.7% |
| Taxes, remuneration and social security | 45 | €9,358 | €439 | -€8,919 | -95.3% |
| Taxes | 450/3 | €8,009 | €439 | -€7,570 | -94.5% |
| Remuneration and social security | 454/9 | €1,349 | - | -€1,349 | |
| Other amounts payable | 47/48 | €139,500 | €117,734 | -€21,765 | -15.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €222 | -€744 | -€966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,105 | €55,273 | -€7,833 | -12.4% |
| Other operating charges | 640/8 | €4,810 | €2,814 | -€1,996 | -41.5% |
| Gross operating margin | 9900 | €437,789 | €72,232 | -€365,558 | -83.5% |
| Operating profit (loss) | 9901 | €369,651 | €14,888 | -€354,763 | -96.0% |
| Financial income | 75/76B | €67 | €1,749 | +€1,682 | +2526.0% |
| Recurring financial income | 75 | €67 | €1,749 | +€1,682 | +2526.0% |
| Financial charges | 65/66B | €30,912 | €23,341 | -€7,571 | -24.5% |
| Recurring financial charges | 65 | €30,912 | €38,354 | +€7,442 | +24.1% |
| Non-recurring financial charges | 66B | - | -€15,013 | -€15,013 | |
| Profit (loss) for the period before taxes | 9903 | €338,806 | -€6,704 | -€345,510 | |
| Income taxes | 67/77 | €2,473 | - | -€2,473 | |
| Profit (loss) for the period | 9904 | €336,333 | -€6,704 | -€343,037 | |
| Transfer to tax-exempt reserves | 689 | €382,461 | - | -€382,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,128 | -€6,704 | +€39,424 | +85.5% |
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 10 October 2026 via checked.be.