IRIS INTERNATIONAL - ACTIVIMMO: what changed
IRIS INTERNATIONAL - ACTIVIMMO
Largest movements
- Cash -€31,563
down €31,563 (-29.2%), from €108,027 to €76,464
mainly Other debts (-€41,467) and Debts after one year (-€9,569)
- Tangible fixed assets -€12,982
down €12,982 (-35.9%), from €36,163 to €23,181
of which Plant, machinery and equipment: -€10,822
- Receivables within one year +€8,140
up €8,140 (+12.3%), from €66,143 to €74,283
of which Trade receivables: +€6,082
- Other debts -€41,467
no longer reported in 2025 (was €41,467)
- Reserves +€29,553
up €29,553 (+455%), from €6,500 to €36,053
of which Distributable reserves: +€29,553
- Debts after one year -€9,569
no longer reported in 2025 (was €9,569)
- Current portion of long-term debt -€9,100
no longer reported in 2025 (was €9,100)
- Trade debts -€7,538
down €7,538 (-19.5%), from €38,724 to €31,186
- Depreciation -€18,941
down €18,941 (-63.3%), from €29,942 to €11,001
- Gross operating margin +€8,569
up €8,569 (+22.4%), from €38,315 to €46,884
- Other operating charges -€1,731
down €1,731 (-42.5%), from €4,073 to €2,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,607 | €186,202 | -€36,405 | -16.4% |
| Fixed assets | 21/28 | €48,437 | €35,455 | -€12,982 | -26.8% |
| Tangible fixed assets | 22/27 | €36,163 | €23,181 | -€12,982 | -35.9% |
| Plant, machinery and equipment | 23 | €33,662 | €22,840 | -€10,822 | -32.1% |
| Furniture and vehicles | 24 | €2,501 | €341 | -€2,160 | -86.4% |
| Financial fixed assets | 28 | €12,274 | €12,274 | = | 0.0% |
| Current assets | 29/58 | €174,170 | €150,747 | -€23,423 | -13.4% |
| Amounts receivable within one year | 40/41 | €66,143 | €74,283 | +€8,140 | +12.3% |
| Trade receivables | 40 | €66,143 | €72,225 | +€6,082 | +9.2% |
| Other amounts receivable | 41 | - | €2,058 | +€2,058 | |
| Cash at bank and in hand | 54/58 | €108,027 | €76,464 | -€31,563 | -29.2% |
| Total equity and liabilities | 10/49 | €222,607 | €186,202 | -€36,405 | -16.4% |
| Equity | 10/15 | €112,153 | €141,706 | +€29,553 | +26.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €36,053 | +€29,553 | +455% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | - | €29,553 | +€29,553 | |
| Profit (loss) carried forward | 14 | €40,653 | €40,653 | = | 0.0% |
| Amounts payable | 17/49 | €110,454 | €44,496 | -€65,958 | -59.7% |
| Amounts payable after more than one year | 17 | €9,569 | - | -€9,569 | |
| Financial debts | 170/4 | €9,569 | - | -€9,569 | |
| Amounts payable within one year | 42/48 | €100,885 | €44,496 | -€56,389 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | €9,100 | - | -€9,100 | |
| Trade debts | 44 | €38,724 | €31,186 | -€7,538 | -19.5% |
| Suppliers | 440/4 | €38,724 | €31,186 | -€7,538 | -19.5% |
| Taxes, remuneration and social security | 45 | €11,594 | €13,310 | +€1,716 | +14.8% |
| Taxes | 450/3 | €11,594 | €13,310 | +€1,716 | +14.8% |
| Other amounts payable | 47/48 | €41,467 | - | -€41,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,942 | €11,001 | -€18,941 | -63.3% |
| Other operating charges | 640/8 | €4,073 | €2,342 | -€1,731 | -42.5% |
| Gross operating margin | 9900 | €38,315 | €46,884 | +€8,569 | +22.4% |
| Operating profit (loss) | 9901 | €4,300 | €33,541 | +€29,241 | +680% |
| Financial income | 75/76B | €158 | €459 | +€301 | +191% |
| Recurring financial income | 75 | €158 | €459 | +€301 | +191% |
| Financial charges | 65/66B | €447 | €362 | -€85 | -19.0% |
| Recurring financial charges | 65 | €447 | €362 | -€85 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €4,011 | €33,638 | +€29,627 | +739% |
| Income taxes | 67/77 | €3,885 | €4,085 | +€200 | +5.1% |
| Profit (loss) for the period | 9904 | €126 | €29,553 | +€29,427 | +23,355% |
| Profit (loss) for the period to be appropriated | 9905 | €126 | €29,553 | +€29,427 | +23,355% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.