iRISE: 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.
iRISE
Largest movements
- Cash -€12,632
down €12,632 (-37.3%), from €33,866 to €21,234
mainly Net result for the year (-€8,301) and Tax, wage and social debts (-€3,239)
- Receivables within one year +€3,129
up €3,129 (+219%), from €1,427 to €4,556
of which Trade receivables: +€2,613
- Tangible fixed assets -€1,425
down €1,425 (-49.9%), from €2,856 to €1,430
- Profit (loss) carried forward -€8,301
down €8,301 (-29.9%), from €27,730 to €19,429
- Tax, wage and social debts -€3,239
down €3,239 (-43.9%), from €7,375 to €4,136
- Other debts +€937
up €937 (+461%), from €203 to €1,140
- Gross operating margin -€22,303
down €22,303, from €20,431 to -€1,873
- Taxes -€3,822
down €3,822 (-96.1%), from €3,979 to €157
- Financial charges +€1,114
up €1,114 (+39.2%), from €2,842 to €3,956
- Other operating charges +€381
up €381 (+74.8%), from €509 to €890
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.
Derived cash bridge
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 | €39,493 | €28,659 | -€10,834 | -27.4% |
| Fixed assets | 21/28 | €2,856 | €1,430 | -€1,425 | -49.9% |
| Tangible fixed assets | 22/27 | €2,856 | €1,430 | -€1,425 | -49.9% |
| Plant, machinery and equipment | 23 | €2,856 | €1,430 | -€1,425 | -49.9% |
| Current assets | 29/58 | €36,637 | €27,229 | -€9,409 | -25.7% |
| Amounts receivable within one year | 40/41 | €1,427 | €4,556 | +€3,129 | +219% |
| Trade receivables | 40 | €855 | €3,468 | +€2,613 | +306% |
| Other amounts receivable | 41 | €571 | €1,087 | +€516 | +90.3% |
| Cash at bank and in hand | 54/58 | €33,866 | €21,234 | -€12,632 | -37.3% |
| Deferred charges and accrued income | 490/1 | €1,345 | €1,439 | +€95 | +7.0% |
| Total equity and liabilities | 10/49 | €39,493 | €28,659 | -€10,834 | -27.4% |
| Equity | 10/15 | €29,730 | €21,429 | -€8,301 | -27.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,730 | €19,429 | -€8,301 | -29.9% |
| Amounts payable | 17/49 | €9,763 | €7,230 | -€2,533 | -25.9% |
| Amounts payable within one year | 42/48 | €9,763 | €7,230 | -€2,533 | -25.9% |
| Trade debts | 44 | €2,184 | €1,954 | -€231 | -10.6% |
| Suppliers | 440/4 | €2,184 | €1,954 | -€231 | -10.6% |
| Taxes, remuneration and social security | 45 | €7,375 | €4,136 | -€3,239 | -43.9% |
| Taxes | 450/3 | €7,375 | €4,136 | -€3,239 | -43.9% |
| Other amounts payable | 47/48 | €203 | €1,140 | +€937 | +461% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,395 | €1,425 | +€30 | +2.2% |
| Other operating charges | 640/8 | €509 | €890 | +€381 | +74.8% |
| Gross operating margin | 9900 | €20,431 | -€1,873 | -€22,303 | |
| Operating profit (loss) | 9901 | €18,526 | -€4,188 | -€22,714 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,842 | €3,956 | +€1,114 | +39.2% |
| Recurring financial charges | 65 | €2,842 | €3,956 | +€1,114 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | €15,684 | -€8,144 | -€23,828 | |
| Income taxes | 67/77 | €3,979 | €157 | -€3,822 | -96.1% |
| Profit (loss) for the period | 9904 | €11,705 | -€8,301 | -€20,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,705 | -€8,301 | -€20,006 |
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 15 October 2026 via checked.be.