IRIS LOGICAL: 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 LOGICAL
Largest movements
- Receivables within one year +€17,051
up €17,051 (+360.5%), from €4,729 to €21,780
of which Trade receivables: +€18,353
- Cash +€8,829
up €8,829 (+2195.6%), from €402 to €9,231
mainly Net result for the year (+€17,154) and Tax, wage and social debts (+€6,510)
- Tangible fixed assets -€2,089
down €2,089 (-17.3%), from €12,101 to €10,011
of which Furniture and vehicles: -€1,102
- Profit (loss) carried forward +€17,154
up €17,154 (+70.6%), from -€24,308 to -€7,154
- Tax, wage and social debts +€6,510
up €6,510 (+129.6%), from €5,022 to €11,532
of which Taxes: +€3,360
- Other debts +€2,476
up €2,476 (+1661.0%), from €149 to €2,625
- Advances received -€1,310
no longer reported in 2025 (was €1,310)
- Current portion of long-term debt -€1,228
no longer reported in 2025 (was €1,228)
- Gross operating margin +€31,729
up €31,729, from -€11,600 to €20,129
- Depreciation -€1,260
down €1,260 (-37.6%), from €3,349 to €2,089
- Financial charges -€1,129
down €1,129 (-84.5%), from €1,335 to €206
- Taxes +€368
up €368 (+461.0%), from €80 to €448
- Other operating charges -€256
down €256 (-52.6%), from €487 to €231
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 | €17,726 | €41,658 | +€23,933 | +135.0% |
| Fixed assets | 21/28 | €12,131 | €10,041 | -€2,089 | -17.2% |
| Tangible fixed assets | 22/27 | €12,101 | €10,011 | -€2,089 | -17.3% |
| Plant, machinery and equipment | 23 | €6,872 | €5,884 | -€988 | -14.4% |
| Furniture and vehicles | 24 | €5,229 | €4,128 | -€1,102 | -21.1% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €5,595 | €31,617 | +€26,022 | +465.1% |
| Amounts receivable within one year | 40/41 | €4,729 | €21,780 | +€17,051 | +360.5% |
| Trade receivables | 40 | €3,427 | €21,780 | +€18,353 | +535.6% |
| Other amounts receivable | 41 | €1,303 | - | -€1,303 | |
| Cash at bank and in hand | 54/58 | €402 | €9,231 | +€8,829 | +2195.6% |
| Deferred charges and accrued income | 490/1 | €463 | €606 | +€142 | +30.8% |
| Total equity and liabilities | 10/49 | €17,726 | €41,658 | +€23,933 | +135.0% |
| Equity | 10/15 | €10,017 | €27,171 | +€17,154 | +171.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,725 | €15,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,865 | €13,865 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,308 | -€7,154 | +€17,154 | +70.6% |
| Amounts payable | 17/49 | €7,709 | €14,487 | +€6,778 | +87.9% |
| Amounts payable within one year | 42/48 | €7,709 | €14,487 | +€6,778 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €1,228 | - | -€1,228 | |
| Trade debts | 44 | - | €330 | +€330 | |
| Suppliers | 440/4 | - | €330 | +€330 | |
| Advances received on contracts in progress | 46 | €1,310 | - | -€1,310 | |
| Taxes, remuneration and social security | 45 | €5,022 | €11,532 | +€6,510 | +129.6% |
| Taxes | 450/3 | €5,022 | €8,382 | +€3,360 | +66.9% |
| Remuneration and social security | 454/9 | - | €3,150 | +€3,150 | |
| Other amounts payable | 47/48 | €149 | €2,625 | +€2,476 | +1661.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,349 | €2,089 | -€1,260 | -37.6% |
| Other operating charges | 640/8 | €487 | €231 | -€256 | -52.6% |
| Non-recurring operating charges | 66A | €3,007 | - | -€3,007 | |
| Gross operating margin | 9900 | -€11,600 | €20,129 | +€31,729 | |
| Operating profit (loss) | 9901 | -€18,443 | €17,809 | +€36,252 | |
| Financial charges | 65/66B | €1,335 | €206 | -€1,129 | -84.5% |
| Recurring financial charges | 65 | €1,335 | €206 | -€1,129 | -84.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,778 | €17,602 | +€37,381 | |
| Income taxes | 67/77 | €80 | €448 | +€368 | +461.0% |
| Profit (loss) for the period | 9904 | -€19,858 | €17,154 | +€37,012 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,858 | €17,154 | +€37,012 |
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 28 September 2026 via checked.be.