Iris Tréfonds: 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 Tréfonds
Largest movements
- Current investments -€21.0m
no longer reported in 2025 (was €21.0m)
- Cash +€2.2m
up €2.2m (+254.0%), from €854,963 to €3.0m
mainly Current investments (+€21.0m) and Receivables within one year (+€57,647)
- Other debts -€18.9m
down €18.9m (-79.8%), from €23.6m to €4.8m
- Financial charges -€747,066
down €747,066 (-60.5%), from €1.2m to €488,517
- Financial income -€450,772
down €450,772 (-56.8%), from €794,123 to €343,351
- Services and other goods -€2,551
down €2,551 (-9.1%), from €27,913 to €25,362
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 | €23,803,645 | €4,903,023 | -€18.9m | -79.4% |
| Fixed assets | 21/28 | €984,418 | €984,418 | = | 0.0% |
| Tangible fixed assets | 22/27 | €984,418 | €984,418 | = | 0.0% |
| Other tangible fixed assets | 26 | €984,418 | €984,418 | = | 0.0% |
| Current assets | 29/58 | €22,819,227 | €3,918,605 | -€18.9m | -82.8% |
| Amounts receivable within one year | 40/41 | €949,983 | €892,336 | -€57,647 | -6.1% |
| Other amounts receivable | 41 | €949,983 | €892,336 | -€57,647 | -6.1% |
| Current investments | 50/53 | €21,000,000 | - | -€21.0m | |
| Other investments | 51/53 | €21,000,000 | - | -€21.0m | |
| Cash at bank and in hand | 54/58 | €854,963 | €3,026,269 | +€2.2m | +254.0% |
| Deferred charges and accrued income | 490/1 | €14,280 | - | -€14,280 | |
| Total equity and liabilities | 10/49 | €23,803,645 | €4,903,023 | -€18.9m | -79.4% |
| Equity | 10/15 | €175,229 | €132,537 | -€42,692 | -24.4% |
| Contributions | 10/11 | €991,000 | €991,000 | = | 0.0% |
| Capital | 10 | €991,000 | €991,000 | = | 0.0% |
| Issued capital | 100 | €991,000 | €991,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€815,771 | -€858,463 | -€42,692 | -5.2% |
| Amounts payable | 17/49 | €23,628,416 | €4,770,485 | -€18.9m | -79.8% |
| Amounts payable within one year | 42/48 | €23,624,132 | €4,770,485 | -€18.9m | -79.8% |
| Trade debts | 44 | €2,842 | €533 | -€2,309 | -81.2% |
| Suppliers | 440/4 | €2,842 | €533 | -€2,309 | -81.2% |
| Other amounts payable | 47/48 | €23,621,290 | €4,769,952 | -€18.9m | -79.8% |
| Accrued charges and deferred income | 492/3 | €4,284 | - | -€4,284 | |
| Operating income | 70/76A | €87,556 | €128,835 | +€41,279 | +47.1% |
| Turnover | 70 | €15,000 | €15,000 | = | 0.0% |
| Non-recurring operating income | 76A | €72,556 | €113,835 | +€41,279 | +56.9% |
| Operating charges | 60/66A | €28,881 | €26,361 | -€2,520 | -8.7% |
| Services and other goods | 61 | €27,913 | €25,362 | -€2,551 | -9.1% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | €58,675 | €102,474 | +€43,799 | +74.6% |
| Financial income | 75/76B | €794,123 | €343,351 | -€450,772 | -56.8% |
| Recurring financial income | 75 | €794,123 | €343,351 | -€450,772 | -56.8% |
| Income from current assets | 751 | €793,576 | €343,351 | -€450,225 | -56.7% |
| Other financial income | 752/9 | €547 | - | -€547 | |
| Financial charges | 65/66B | €1,235,583 | €488,517 | -€747,066 | -60.5% |
| Recurring financial charges | 65 | €1,235,583 | €488,517 | -€747,066 | -60.5% |
| Debt charges | 650 | €1,235,145 | €487,111 | -€748,034 | -60.6% |
| Other financial charges | 652/9 | €438 | €1,406 | +€968 | +221.2% |
| Profit (loss) for the period before taxes | 9903 | -€382,784 | -€42,692 | +€340,093 | +88.8% |
| Profit (loss) for the period | 9904 | -€382,784 | -€42,692 | +€340,093 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€382,784 | -€42,692 | +€340,093 | +88.8% |
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 9 October 2026 via checked.be.