IRIS Development: 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 Development
Largest movements
- Cash -€9,579
down €9,579 (-42.0%), from €22,807 to €13,228
mainly Tax, wage and social debts (-€7,809) and Trade debts (-€3,604)
- Deferred charges and accrued income -€5,400
no longer reported in 2025 (was €5,400)
- Receivables within one year +€3,037
up €3,037 (+15.0%), from €20,230 to €23,267
of which Other amounts receivable: +€2,304
- Tax, wage and social debts -€7,809
down €7,809 (-35.7%), from €21,876 to €14,067
of which Taxes: -€6,480
- Trade debts -€3,604
down €3,604 (-33.9%), from €10,625 to €7,021
- Profit (loss) carried forward +€2,423
up €2,423 (+18.5%), from €13,064 to €15,487
- Current portion of long-term debt -€1,525
down €1,525 (-92.1%), from €1,656 to €130
- Other debts -€1,418
no longer reported in 2025 (was €1,418)
- Gross operating margin -€7,091
down €7,091 (-46.8%), from €15,162 to €8,071
- Taxes -€992
down €992 (-26.8%), from €3,700 to €2,709
- Financial charges -€443
down €443 (-22.0%), from €2,017 to €1,574
- Depreciation +€438
up €438 (+42.4%), from €1,032 to €1,469
- Other operating charges +€387
new in 2025: €387
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 | €58,638 | €46,705 | -€11,934 | -20.4% |
| Fixed assets | 21/28 | €10,201 | €10,210 | +€9 | +0.1% |
| Tangible fixed assets | 22/27 | €9,981 | €9,990 | +€9 | +0.1% |
| Plant, machinery and equipment | 23 | €1,062 | €848 | -€214 | -20.2% |
| Furniture and vehicles | 24 | €3,919 | €4,142 | +€223 | +5.7% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €48,437 | €36,495 | -€11,942 | -24.7% |
| Amounts receivable within one year | 40/41 | €20,230 | €23,267 | +€3,037 | +15.0% |
| Trade receivables | 40 | €20,230 | €20,963 | +€733 | +3.6% |
| Other amounts receivable | 41 | - | €2,304 | +€2,304 | |
| Cash at bank and in hand | 54/58 | €22,807 | €13,228 | -€9,579 | -42.0% |
| Deferred charges and accrued income | 490/1 | €5,400 | - | -€5,400 | |
| Total equity and liabilities | 10/49 | €58,638 | €46,705 | -€11,934 | -20.4% |
| Equity | 10/15 | €23,064 | €25,487 | +€2,423 | +10.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,064 | €15,487 | +€2,423 | +18.5% |
| Amounts payable | 17/49 | €35,574 | €21,218 | -€14,356 | -40.4% |
| Amounts payable within one year | 42/48 | €35,574 | €21,218 | -€14,356 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €1,656 | €130 | -€1,525 | -92.1% |
| Trade debts | 44 | €10,625 | €7,021 | -€3,604 | -33.9% |
| Suppliers | 440/4 | €10,625 | €7,021 | -€3,604 | -33.9% |
| Taxes, remuneration and social security | 45 | €21,876 | €14,067 | -€7,809 | -35.7% |
| Taxes | 450/3 | €16,876 | €10,396 | -€6,480 | -38.4% |
| Remuneration and social security | 454/9 | €5,000 | €3,671 | -€1,329 | -26.6% |
| Other amounts payable | 47/48 | €1,418 | - | -€1,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,032 | €1,469 | +€438 | +42.4% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €15,162 | €8,071 | -€7,091 | -46.8% |
| Operating profit (loss) | 9901 | €14,130 | €6,214 | -€7,916 | -56.0% |
| Financial income | 75/76B | €321 | €491 | +€170 | +53.0% |
| Recurring financial income | 75 | €321 | €491 | +€170 | +53.0% |
| Financial charges | 65/66B | €2,017 | €1,574 | -€443 | -22.0% |
| Recurring financial charges | 65 | €2,017 | €1,574 | -€443 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €12,434 | €5,131 | -€7,303 | -58.7% |
| Income taxes | 67/77 | €3,700 | €2,709 | -€992 | -26.8% |
| Profit (loss) for the period | 9904 | €8,734 | €2,423 | -€6,311 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,734 | €2,423 | -€6,311 | -72.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.