IRiSC: 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.
IRiSC
Largest movements
- Cash +€186,097
up €186,097 (+335.2%), from €55,520 to €241,617
mainly Contributions, distributions and other (+€150,000) and Other debts (+€119,541)
- Tangible fixed assets +€16,684
up €16,684 (+1.3%), from €1.3m to €1.3m
of which Land and buildings: +€17,743
- Contributions +€150,000
up €150,000 (+1209.7%), from €12,400 to €162,400
- Other debts +€119,541
up €119,541 (+40.1%), from €298,408 to €417,949
- Profit (loss) carried forward -€41,820
new in 2025: -€41,820
- Debts after one year -€35,391
down €35,391 (-4.8%), from €744,271 to €708,880
- Tax, wage and social debts +€19,532
up €19,532 (+104.3%), from €18,724 to €38,257
- Gross operating margin -€46,192
down €46,192 (-54.4%), from €84,899 to €38,706
- Financial charges +€4,785
up €4,785 (+10.7%), from €44,861 to €49,646
- Depreciation +€2,736
up €2,736 (+8.4%), from €32,593 to €35,329
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 | €1,359,938 | €1,561,455 | +€201,517 | +14.8% |
| Fixed assets | 21/28 | €1,257,261 | €1,273,945 | +€16,684 | +1.3% |
| Tangible fixed assets | 22/27 | €1,257,261 | €1,273,945 | +€16,684 | +1.3% |
| Land and buildings | 22 | €1,248,048 | €1,265,791 | +€17,743 | +1.4% |
| Plant, machinery and equipment | 23 | €3,297 | €4,003 | +€706 | +21.4% |
| Furniture and vehicles | 24 | €5,916 | €4,151 | -€1,765 | -29.8% |
| Current assets | 29/58 | €102,677 | €287,510 | +€184,833 | +180.0% |
| Amounts receivable within one year | 40/41 | €44,823 | €43,434 | -€1,390 | -3.1% |
| Trade receivables | 40 | €36,247 | €38,236 | +€1,989 | +5.5% |
| Other amounts receivable | 41 | €8,576 | €5,198 | -€3,379 | -39.4% |
| Cash at bank and in hand | 54/58 | €55,520 | €241,617 | +€186,097 | +335.2% |
| Deferred charges and accrued income | 490/1 | €2,333 | €2,459 | +€126 | +5.4% |
| Total equity and liabilities | 10/49 | €1,359,938 | €1,561,455 | +€201,517 | +14.8% |
| Equity | 10/15 | €259,555 | €357,599 | +€98,044 | +37.8% |
| Contributions | 10/11 | €12,400 | €162,400 | +€150,000 | +1209.7% |
| Reserves | 13 | €247,155 | €237,020 | -€10,136 | -4.1% |
| Distributable reserves | 133 | €247,155 | €237,020 | -€10,136 | -4.1% |
| Profit (loss) carried forward | 14 | - | -€41,820 | -€41,820 | |
| Amounts payable | 17/49 | €1,100,382 | €1,203,855 | +€103,473 | +9.4% |
| Amounts payable after more than one year | 17 | €744,271 | €708,880 | -€35,391 | -4.8% |
| Financial debts | 170/4 | €744,271 | €708,880 | -€35,391 | -4.8% |
| Amounts payable within one year | 42/48 | €356,111 | €494,975 | +€138,864 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €36,280 | €37,527 | +€1,247 | +3.4% |
| Trade debts | 44 | €2,698 | €1,242 | -€1,456 | -54.0% |
| Suppliers | 440/4 | €2,698 | €1,242 | -€1,456 | -54.0% |
| Taxes, remuneration and social security | 45 | €18,724 | €38,257 | +€19,532 | +104.3% |
| Taxes | 450/3 | €18,724 | €38,257 | +€19,532 | +104.3% |
| Other amounts payable | 47/48 | €298,408 | €417,949 | +€119,541 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,593 | €35,329 | +€2,736 | +8.4% |
| Other operating charges | 640/8 | €5,731 | €5,506 | -€225 | -3.9% |
| Gross operating margin | 9900 | €84,899 | €38,706 | -€46,192 | -54.4% |
| Operating profit (loss) | 9901 | €46,574 | -€2,129 | -€48,703 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €44,861 | €49,646 | +€4,785 | +10.7% |
| Recurring financial charges | 65 | €44,861 | €49,646 | +€4,785 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,714 | -€51,775 | -€53,489 | |
| Income taxes | 67/77 | €774 | €181 | -€593 | -76.6% |
| Profit (loss) for the period | 9904 | €939 | -€51,956 | -€52,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €939 | -€51,956 | -€52,895 |
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.