IRIS SERVICES CENTER: 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.
What changed
IRIS SERVICES CENTER
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
-€21,635
31-12-2024 · €1,682-€23,317
Equity
€157,387
31-12-2024 · €153,233+€4,154
Cash
€4,187
31-12-2024 · €2,085+€2,102
Balance sheet total
€1.0m
31-12-2024 · €1.1m-€117,589
Largest movements
Assets
- Tangible fixed assets -€74,163
down €74,163 (-7.6%), from €977,022 to €902,859
of which Plant, machinery and equipment: -€39,231
- Receivables within one year -€44,172
down €44,172 (-31.8%), from €138,761 to €94,589
of which Trade receivables: -€56,337
Equity and liabilities
- Debts after one year -€68,450
down €68,450 (-11.4%), from €600,417 to €531,967
of which Financial debts: -€68,450
- Provisions -€48,503
down €48,503 (-30.4%), from €159,546 to €111,042
- Accrued charges and deferred income -€32,459
down €32,459 (-97.7%), from €33,223 to €764
- Profit (loss) carried forward +€19,507
up €19,507 (+5.9%), from -€331,267 to -€311,760
- Trade debts +€16,454
up €16,454 (+32.1%), from €51,226 to €67,680
Income statement
- Staff costs +€17,737
up €17,737 (+17.0%), from €104,178 to €121,915
- Depreciation +€11,439
up €11,439 (+18.2%), from €62,724 to €74,163
- Write-downs +€6,512
up €6,512, from -€3,048 to €3,464
- Gross operating margin +€6,297
up €6,297 (+3.7%), from €169,108 to €175,405
- Financial income +€5,677
up €5,677 (+60.7%), from €9,351 to €15,028
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€1,682
Gross operating margin
+€6,297
Staff costs
-€17,737
Depreciation
-€11,439
Write-downs
-€6,512
Other operating charges
+€2,579
Financial income
+€5,677
Financial charges
-€1,943
Taxes
-€239
Result 31-12-2025
-€21,635
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€35,161
Investment
€0
Financing
-€33,060
Cash 31-12-2024
€2,085
From operations (derived)
+€35,161
Net result for the year
-€21,635
Depreciation
+€74,163
Stocks and contracts
+€4,188
Receivables within one year
+€44,172
Deferred charges and accrued income
-€2,833
Provisions
-€48,503
Trade debts
+€16,454
Tax, wage and social debts
-€5,594
Other debts
+€7,208
Accrued charges and deferred income
-€32,459
Financing
-€33,060
Debts after one year
-€68,450
Current portion of long-term debt
+€2,891
Short-term financial debts
+€6,709
Contributions, distributions and other
+€25,789
Cash 31-12-2025
€4,187
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,135,582 | €1,017,993 | -€117,589 | -10.4% |
| Fixed assets | 21/28 | €977,202 | €903,039 | -€74,163 | -7.6% |
| Tangible fixed assets | 22/27 | €977,022 | €902,859 | -€74,163 | -7.6% |
| Land and buildings | 22 | €834,876 | €800,936 | -€33,939 | -4.1% |
| Plant, machinery and equipment | 23 | €138,894 | €99,663 | -€39,231 | -28.2% |
| Furniture and vehicles | 24 | €3,252 | €2,259 | -€993 | -30.5% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €158,380 | €114,954 | -€43,426 | -27.4% |
| Stocks and contracts in progress | 3 | €16,917 | €12,728 | -€4,188 | -24.8% |
| Stocks | 30/36 | €16,917 | €12,728 | -€4,188 | -24.8% |
| Amounts receivable within one year | 40/41 | €138,761 | €94,589 | -€44,172 | -31.8% |
| Trade receivables | 40 | €85,918 | €29,581 | -€56,337 | -65.6% |
| Other amounts receivable | 41 | €52,843 | €65,008 | +€12,165 | +23.0% |
| Cash at bank and in hand | 54/58 | €2,085 | €4,187 | +€2,102 | +100.8% |
| Deferred charges and accrued income | 490/1 | €617 | €3,450 | +€2,833 | +458.9% |
| Total equity and liabilities | 10/49 | €1,135,582 | €1,017,993 | -€117,589 | -10.4% |
| Equity | 10/15 | €153,233 | €157,387 | +€4,154 | +2.7% |
| Contributions | 10/11 | €106,376 | €106,376 | = | 0.0% |
| Reserves | 13 | €347,868 | €341,515 | -€6,353 | -1.8% |
| Non-distributable reserves | 130/1 | €8,389 | €8,389 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,389 | €8,389 | = | 0.0% |
| Tax-exempt reserves | 132 | €339,479 | €333,126 | -€6,353 | -1.9% |
| Profit (loss) carried forward | 14 | -€331,267 | -€311,760 | +€19,507 | +5.9% |
| Investment grants | 15 | €30,256 | €21,256 | -€9,000 | -29.7% |
| Provisions and deferred taxes | 16 | €159,546 | €111,042 | -€48,503 | -30.4% |
| Deferred taxes | 168 | €159,546 | €111,042 | -€48,503 | -30.4% |
| Amounts payable | 17/49 | €822,804 | €749,564 | -€73,240 | -8.9% |
| Amounts payable after more than one year | 17 | €600,417 | €531,967 | -€68,450 | -11.4% |
| Financial debts | 170/4 | €558,417 | €489,967 | -€68,450 | -12.3% |
| Other amounts payable | 178/9 | €42,000 | €42,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €189,163 | €216,833 | +€27,669 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €68,177 | €71,068 | +€2,891 | +4.2% |
| Financial debts | 43 | €8,565 | €15,274 | +€6,709 | +78.3% |
| Credit institutions | 430/8 | €8,565 | €15,274 | +€6,709 | +78.3% |
| Trade debts | 44 | €51,226 | €67,680 | +€16,454 | +32.1% |
| Suppliers | 440/4 | €51,226 | €67,680 | +€16,454 | +32.1% |
| Taxes, remuneration and social security | 45 | €37,597 | €32,003 | -€5,594 | -14.9% |
| Taxes | 450/3 | €19,603 | €12,845 | -€6,758 | -34.5% |
| Remuneration and social security | 454/9 | €17,993 | €19,158 | +€1,164 | +6.5% |
| Other amounts payable | 47/48 | €23,599 | €30,808 | +€7,208 | +30.5% |
| Accrued charges and deferred income | 492/3 | €33,223 | €764 | -€32,459 | -97.7% |
| Remuneration, social security and pensions | 62 | €104,178 | €121,915 | +€17,737 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,724 | €74,163 | +€11,439 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,048 | €3,464 | +€6,512 | |
| Other operating charges | 640/8 | €10,103 | €7,524 | -€2,579 | -25.5% |
| Gross operating margin | 9900 | €169,108 | €175,405 | +€6,297 | +3.7% |
| Operating profit (loss) | 9901 | -€4,849 | -€31,661 | -€26,812 | -553.0% |
| Financial income | 75/76B | €9,351 | €15,028 | +€5,677 | +60.7% |
| Recurring financial income | 75 | €9,351 | €15,028 | +€5,677 | +60.7% |
| Financial charges | 65/66B | €16,361 | €18,304 | +€1,943 | +11.9% |
| Recurring financial charges | 65 | €16,361 | €18,304 | +€1,943 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,859 | -€34,937 | -€23,078 | -194.6% |
| Transfer from deferred taxes | 780 | €13,714 | €13,714 | = | 0.0% |
| Income taxes | 67/77 | €173 | €412 | +€239 | +138.5% |
| Profit (loss) for the period | 9904 | €1,682 | -€21,635 | -€23,317 | |
| Transfer from tax-exempt reserves | 789 | €41,142 | €41,142 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,824 | €19,507 | -€23,317 | -54.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.