IRIS: 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.
IRIS
Largest movements
- Tangible fixed assets -€23,974
down €23,974 (-2.2%), from €1.1m to €1.1m
of which Land and buildings: -€23,592
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,599
up €11,599 (+83.3%), from €13,928 to €25,527
- Taxes +€2,880
up €2,880 (+900.1%), from €320 to €3,199
- Other operating charges +€283
up €283 (+3.1%), from €9,219 to €9,501
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 | €1,101,134 | €1,088,876 | -€12,258 | -1.1% |
| Fixed assets | 21/28 | €1,074,857 | €1,050,882 | -€23,974 | -2.2% |
| Tangible fixed assets | 22/27 | €1,074,857 | €1,050,882 | -€23,974 | -2.2% |
| Land and buildings | 22 | €1,071,161 | €1,047,569 | -€23,592 | -2.2% |
| Plant, machinery and equipment | 23 | €3,695 | €3,313 | -€382 | -10.3% |
| Current assets | 29/58 | €26,277 | €37,994 | +€11,716 | +44.6% |
| Amounts receivable within one year | 40/41 | €9,790 | €18,778 | +€8,988 | +91.8% |
| Other amounts receivable | 41 | €9,790 | €18,778 | +€8,988 | +91.8% |
| Cash at bank and in hand | 54/58 | €12,485 | €17,460 | +€4,975 | +39.8% |
| Deferred charges and accrued income | 490/1 | €4,002 | €1,756 | -€2,246 | -56.1% |
| Total equity and liabilities | 10/49 | €1,101,134 | €1,088,876 | -€12,258 | -1.1% |
| Equity | 10/15 | €1,086,425 | €1,075,858 | -€10,567 | -1.0% |
| Contributions | 10/11 | €72,560 | €72,560 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €10,560 | €10,560 | = | 0.0% |
| Share premium | 1100/10 | €10,560 | €10,560 | = | 0.0% |
| Revaluation surpluses | 12 | €1,205,135 | €1,205,135 | = | 0.0% |
| Reserves | 13 | €5,350 | €5,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,252 | €2,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,620 | -€207,187 | -€10,567 | -5.4% |
| Amounts payable | 17/49 | €14,709 | €13,018 | -€1,691 | -11.5% |
| Amounts payable within one year | 42/48 | €14,709 | €12,273 | -€2,436 | -16.6% |
| Trade debts | 44 | €5,714 | €842 | -€4,872 | -85.3% |
| Suppliers | 440/4 | €5,714 | €842 | -€4,872 | -85.3% |
| Taxes, remuneration and social security | 45 | €320 | €3,501 | +€3,181 | +994.3% |
| Taxes | 450/3 | €320 | €3,501 | +€3,181 | +994.3% |
| Other amounts payable | 47/48 | €8,675 | €7,930 | -€745 | -8.6% |
| Accrued charges and deferred income | 492/3 | - | €745 | +€745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,720 | €23,974 | +€255 | +1.1% |
| Other operating charges | 640/8 | €9,219 | €9,501 | +€283 | +3.1% |
| Gross operating margin | 9900 | €13,928 | €25,527 | +€11,599 | +83.3% |
| Operating profit (loss) | 9901 | -€19,011 | -€7,948 | +€11,062 | +58.2% |
| Financial income | 75/76B | €850 | €626 | -€224 | -26.4% |
| Recurring financial income | 75 | €850 | €626 | -€224 | -26.4% |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.1% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,205 | -€7,367 | +€10,838 | +59.5% |
| Income taxes | 67/77 | €320 | €3,199 | +€2,880 | +900.1% |
| Profit (loss) for the period | 9904 | -€18,525 | -€10,567 | +€7,958 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,525 | -€10,567 | +€7,958 | +43.0% |
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 3 October 2026 via checked.be.