IRIS BRUSSELS: 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.
IRIS BRUSSELS
Largest movements
- Intangible fixed assets -€191,255
down €191,255 (-61.8%), from €309,697 to €118,442
- Current investments +€174,014
up €174,014 (+464%), from €37,500 to €211,514
- Receivables within one year -€109,922
down €109,922 (-69.7%), from €157,732 to €47,810
of which Trade receivables: -€69,783
- Tangible fixed assets -€82,955
down €82,955 (-4.7%), from €1.8m to €1.7m
- Cash +€47,219
up €47,219 (+764%), from €6,181 to €53,400
mainly Investment in fixed assets (net) (+€154,901) and Debts after one year (+€146,146)
- Other debts -€473,208
down €473,208 (-29.4%), from €1.6m to €1.1m
- Debts after one year +€146,146
up €146,146 (+43.1%), from €339,336 to €485,482
- Profit (loss) carried forward +€105,463
up €105,463 (+96.4%), from €109,418 to €214,881
- Tax, wage and social debts +€46,643
up €46,643 (+853%), from €5,470 to €52,113
of which Taxes: +€50,000
- Other operating charges -€202,123
down €202,123 (-94.9%), from €213,059 to €10,936
- Gross operating margin -€138,715
down €138,715 (-28.0%), from €495,152 to €356,437
- Taxes +€42,090
up €42,090 (+175%), from €24,039 to €66,128
- Staff costs -€17,145
down €17,145 (-33.9%), from €50,582 to €33,438
- Depreciation -€11,659
down €11,659 (-8.9%), from €130,618 to €118,960
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.
Derived cash bridge
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 | €2,264,001 | €2,101,451 | -€162,550 | -7.2% |
| Fixed assets | 21/28 | €2,062,588 | €1,788,728 | -€273,860 | -13.3% |
| Intangible fixed assets | 21 | €309,697 | €118,442 | -€191,255 | -61.8% |
| Tangible fixed assets | 22/27 | €1,752,757 | €1,669,802 | -€82,955 | -4.7% |
| Land and buildings | 22 | €1,491,325 | €1,450,125 | -€41,200 | -2.8% |
| Plant, machinery and equipment | 23 | €243,808 | €214,526 | -€29,282 | -12.0% |
| Furniture and vehicles | 24 | €17,625 | €5,151 | -€12,474 | -70.8% |
| Financial fixed assets | 28 | €133 | €483 | +€350 | +263% |
| Current assets | 29/58 | €201,413 | €312,723 | +€111,310 | +55.3% |
| Amounts receivable within one year | 40/41 | €157,732 | €47,810 | -€109,922 | -69.7% |
| Trade receivables | 40 | €98,125 | €28,342 | -€69,783 | -71.1% |
| Other amounts receivable | 41 | €59,607 | €19,467 | -€40,140 | -67.3% |
| Current investments | 50/53 | €37,500 | €211,514 | +€174,014 | +464% |
| Cash at bank and in hand | 54/58 | €6,181 | €53,400 | +€47,219 | +764% |
| Total equity and liabilities | 10/49 | €2,264,001 | €2,101,451 | -€162,550 | -7.2% |
| Equity | 10/15 | €129,418 | €234,881 | +€105,463 | +81.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,418 | €214,881 | +€105,463 | +96.4% |
| Amounts payable | 17/49 | €2,134,583 | €1,866,570 | -€268,013 | -12.6% |
| Amounts payable after more than one year | 17 | €339,336 | €485,482 | +€146,146 | +43.1% |
| Financial debts | 170/4 | €339,336 | €485,482 | +€146,146 | +43.1% |
| Amounts payable within one year | 42/48 | €1,795,247 | €1,381,087 | -€414,159 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €53,017 | €57,521 | +€4,505 | +8.5% |
| Trade debts | 44 | €128,404 | €136,305 | +€7,901 | +6.2% |
| Suppliers | 440/4 | €128,404 | €136,305 | +€7,901 | +6.2% |
| Taxes, remuneration and social security | 45 | €5,470 | €52,113 | +€46,643 | +853% |
| Taxes | 450/3 | - | €50,000 | +€50,000 | |
| Remuneration and social security | 454/9 | €5,470 | €2,113 | -€3,357 | -61.4% |
| Other amounts payable | 47/48 | €1,608,356 | €1,135,148 | -€473,208 | -29.4% |
| Remuneration, social security and pensions | 62 | €50,582 | €33,438 | -€17,145 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,618 | €118,960 | -€11,659 | -8.9% |
| Other operating charges | 640/8 | €213,059 | €10,936 | -€202,123 | -94.9% |
| Non-recurring operating charges | 66A | - | €76 | +€76 | |
| Gross operating margin | 9900 | €495,152 | €356,437 | -€138,715 | -28.0% |
| Operating profit (loss) | 9901 | €100,893 | €193,028 | +€92,135 | +91.3% |
| Financial income | 75/76B | €426 | €8 | -€418 | -98.1% |
| Recurring financial income | 75 | €289 | €8 | -€281 | -97.2% |
| Non-recurring financial income | 76B | €137 | - | -€137 | |
| Financial charges | 65/66B | €13,965 | €21,445 | +€7,479 | +53.6% |
| Recurring financial charges | 65 | €13,942 | €21,445 | +€7,503 | +53.8% |
| Non-recurring financial charges | 66B | €23 | - | -€23 | |
| Profit (loss) for the period before taxes | 9903 | €87,354 | €171,591 | +€84,237 | +96.4% |
| Income taxes | 67/77 | €24,039 | €66,128 | +€42,090 | +175% |
| Profit (loss) for the period | 9904 | €63,315 | €105,463 | +€42,148 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,315 | €105,463 | +€42,148 | +66.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.