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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.

What changed

IRIS

BE 0455.549.414
fiscal year 2010 against 2011filed annual accounts (NBB)
Net result for the year
-€27,377
2010 · -€16,086-€11,292
Equity
-€93,013
2010 · -€65,635-€27,377
Cash
€5,420
2010 · €352+€5,068
Balance sheet total
€42,118
2010 · €39,428+€2,691

Largest movements

2010 to 2011
Assets
  • Cash +€5,068

    up €5,068 (+1439.8%), from €352 to €5,420

    mainly Debts within one year (+€30,068) and Depreciation (+€5,091)

  • Tangible fixed assets -€2,511

    down €2,511 (-15.1%), from €16,626 to €14,114

Equity and liabilities
  • Debts within one year +€30,068

    up €30,068 (+28.6%), from €105,063 to €135,131

  • Profit (loss) carried forward -€27,377

    down €27,377 (-30.6%), from -€89,359 to -€116,736

Income statement
  • Gross operating margin +€15,978

    up €15,978 (+27.9%), from €57,271 to €73,249

From the 2010 result to the 2011 result

effect on the 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.

Result 2010 -€16,086
Gross operating margin +€15,978
Depreciation -€516
Other operating items -€26,092
Financial income -€160
Financial charges -€117
Other financial items -€383
Result 2011 -€27,377

Cash bridge derived

cash 2010 to 2011

Derived from the 2010 and 2011 balance sheets and the 2011 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€7,648
Investment -€2,580
Financing €0
Cash 2010 €352
Net result for the year -€27,377
Depreciation +€5,091
Stocks and contracts -€260
Receivables within one year +€126
Debts within one year +€30,068
Investment in fixed assets (net) -€2,580
Cash 2011 €5,420
Every line side by side 23 lines
Line Code 2010 2011 Change %
Total assets 20/58 €39,428 €42,118 +€2,691 +6.8%
Fixed assets 21/28 €16,626 €14,114 -€2,511 -15.1%
Tangible fixed assets 22/27 €16,626 €14,114 -€2,511 -15.1%
Current assets 29/58 €22,802 €28,004 +€5,202 +22.8%
Stocks and contracts in progress 3 €22,324 €22,584 +€260 +1.2%
Amounts receivable within one year 40/41 €126 - -€126
Cash at bank and in hand 54/58 €352 €5,420 +€5,068 +1439.8%
Total equity and liabilities 10/49 €39,428 €42,118 +€2,691 +6.8%
Equity 10/15 -€65,635 -€93,013 -€27,377 -41.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €5,123 €5,123 = 0.0%
Profit (loss) carried forward 14 -€89,359 -€116,736 -€27,377 -30.6%
Amounts payable 17/49 €105,063 €135,131 +€30,068 +28.6%
Amounts payable within one year 42/48 €105,063 €135,131 +€30,068 +28.6%
Trade debts 44 €33,938 €42,165 +€8,226 +24.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,575 €5,091 +€516 +11.3%
Gross operating margin 9900 €57,271 €73,249 +€15,978 +27.9%
Operating profit (loss) 9901 -€14,056 -€24,686 -€10,630 -75.6%
Recurring financial income 75 €176 €16 -€160 -91.0%
Recurring financial charges 65 €1,670 €1,787 +€117 +7.0%
Profit (loss) for the period before taxes 9903 -€16,086 -€27,377 -€11,292 -70.2%
Profit (loss) for the period 9904 -€16,086 -€27,377 -€11,292 -70.2%
Profit (loss) for the period to be appropriated 9905 -€16,086 -€27,377 -€11,292 -70.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2010 and 31 December 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.