IRIS NAMUR: 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 NAMUR
Largest movements
- Cash -€8,430
down €8,430 (-9.7%), from €86,466 to €78,035
mainly Investment in fixed assets (net) (-€13,575) and Tax, wage and social debts (-€8,267)
- Tangible fixed assets +€7,279
up €7,279 (+294.9%), from €2,468 to €9,747
of which Plant, machinery and equipment: +€4,670
- Receivables after one year -€5,554
down €5,554 (-13.1%), from €42,312 to €36,757
- Tax, wage and social debts -€8,267
down €8,267 (-26.7%), from €30,984 to €22,717
of which Taxes: -€9,088
- Accrued charges and deferred income -€2,235
down €2,235 (-57.8%), from €3,865 to €1,630
- Profit (loss) carried forward +€2,178
up €2,178 (+2.9%), from €74,605 to €76,783
- Staff costs +€10,709
up €10,709 (+9.5%), from €112,267 to €122,975
- Gross operating margin -€6,852
down €6,852 (-4.4%), from €155,944 to €149,092
- Depreciation +€4,732
up €4,732 (+302.6%), from €1,564 to €6,296
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 | €175,766 | €169,153 | -€6,613 | -3.8% |
| Fixed assets | 21/28 | €2,642 | €9,920 | +€7,279 | +275.6% |
| Tangible fixed assets | 22/27 | €2,468 | €9,747 | +€7,279 | +294.9% |
| Plant, machinery and equipment | 23 | €1,822 | €6,492 | +€4,670 | +256.3% |
| Furniture and vehicles | 24 | €646 | €3,255 | +€2,609 | +403.9% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €173,124 | €159,232 | -€13,892 | -8.0% |
| Amounts receivable after more than one year | 29 | €42,312 | €36,757 | -€5,554 | -13.1% |
| Other amounts receivable | 291 | €42,312 | €36,757 | -€5,554 | -13.1% |
| Stocks and contracts in progress | 3 | €11,045 | €11,659 | +€615 | +5.6% |
| Stocks | 30/36 | €11,045 | €11,659 | +€615 | +5.6% |
| Amounts receivable within one year | 40/41 | €30,179 | €29,602 | -€578 | -1.9% |
| Trade receivables | 40 | €24 | €1,082 | +€1,058 | +4371.5% |
| Other amounts receivable | 41 | €30,155 | €28,519 | -€1,636 | -5.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €86,466 | €78,035 | -€8,430 | -9.7% |
| Deferred charges and accrued income | 490/1 | €3,123 | €3,179 | +€56 | +1.8% |
| Total equity and liabilities | 10/49 | €175,766 | €169,153 | -€6,613 | -3.8% |
| Equity | 10/15 | €105,215 | €107,393 | +€2,178 | +2.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,605 | €76,783 | +€2,178 | +2.9% |
| Amounts payable | 17/49 | €70,551 | €61,760 | -€8,791 | -12.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €66,686 | €60,130 | -€6,556 | -9.8% |
| Trade debts | 44 | €35,544 | €37,255 | +€1,711 | +4.8% |
| Suppliers | 440/4 | €35,544 | €37,255 | +€1,711 | +4.8% |
| Taxes, remuneration and social security | 45 | €30,984 | €22,717 | -€8,267 | -26.7% |
| Taxes | 450/3 | €17,520 | €8,432 | -€9,088 | -51.9% |
| Remuneration and social security | 454/9 | €13,464 | €14,284 | +€821 | +6.1% |
| Other amounts payable | 47/48 | €158 | €158 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,865 | €1,630 | -€2,235 | -57.8% |
| Non-recurring operating income | 76A | €15,675 | €0 | -€15,675 | -100.0% |
| Remuneration, social security and pensions | 62 | €112,267 | €122,975 | +€10,709 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,564 | €6,296 | +€4,732 | +302.6% |
| Other operating charges | 640/8 | €6,840 | €5,750 | -€1,090 | -15.9% |
| Non-recurring operating charges | 66A | €840 | €10,604 | +€9,764 | +1162.3% |
| Gross operating margin | 9900 | €155,944 | €149,092 | -€6,852 | -4.4% |
| Operating profit (loss) | 9901 | €34,433 | €3,466 | -€30,967 | -89.9% |
| Financial income | 75/76B | €2,057 | €1,416 | -€640 | -31.1% |
| Recurring financial income | 75 | €2,057 | €1,416 | -€640 | -31.1% |
| Financial charges | 65/66B | €679 | €482 | -€197 | -29.0% |
| Recurring financial charges | 65 | €679 | €482 | -€197 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €35,811 | €4,400 | -€31,411 | -87.7% |
| Income taxes | 67/77 | €2,821 | €2,222 | -€598 | -21.2% |
| Profit (loss) for the period | 9904 | €32,990 | €2,178 | -€30,812 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,990 | €2,178 | -€30,812 | -93.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.