iriSight: 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.
iriSight
Largest movements
- Receivables within one year -€133,330
down €133,330 (-80.9%), from €164,739 to €31,409
of which Trade receivables: -€128,439
- Cash +€42,068
up €42,068 (+90.0%), from €46,719 to €88,787
mainly Receivables within one year (+€133,330) and Net result for the year (+€79,485)
- Tangible fixed assets -€7,706
down €7,706 (-3.6%), from €213,239 to €205,533
of which Plant, machinery and equipment: -€14,597
- Other debts -€123,325
down €123,325 (-99.4%), from €124,028 to €704
- Profit (loss) carried forward +€79,485
up €79,485 (+119.6%), from €66,468 to €145,953
- Debts after one year -€50,176
down €50,176 (-33.7%), from €148,991 to €98,816
- Tax, wage and social debts -€8,414
down €8,414 (-90.9%), from €9,254 to €840
of which Taxes: -€7,600
- Gross operating margin -€28,796
down €28,796 (-16.6%), from €173,465 to €144,670
- Depreciation -€14,799
down €14,799 (-31.5%), from €46,984 to €32,185
- Taxes +€2,413
up €2,413 (+9.1%), from €26,595 to €29,008
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 | €427,443 | €328,426 | -€99,017 | -23.2% |
| Fixed assets | 21/28 | €214,034 | €205,928 | -€8,106 | -3.8% |
| Intangible fixed assets | 21 | €796 | €396 | -€400 | -50.3% |
| Tangible fixed assets | 22/27 | €213,239 | €205,533 | -€7,706 | -3.6% |
| Land and buildings | 22 | €112,105 | €107,830 | -€4,276 | -3.8% |
| Plant, machinery and equipment | 23 | €87,090 | €72,494 | -€14,597 | -16.8% |
| Furniture and vehicles | 24 | €14,043 | €25,209 | +€11,167 | +79.5% |
| Current assets | 29/58 | €213,409 | €122,498 | -€90,911 | -42.6% |
| Amounts receivable within one year | 40/41 | €164,739 | €31,409 | -€133,330 | -80.9% |
| Trade receivables | 40 | €158,847 | €30,409 | -€128,439 | -80.9% |
| Other amounts receivable | 41 | €5,891 | €1,001 | -€4,891 | -83.0% |
| Cash at bank and in hand | 54/58 | €46,719 | €88,787 | +€42,068 | +90.0% |
| Deferred charges and accrued income | 490/1 | €1,951 | €2,301 | +€351 | +18.0% |
| Total equity and liabilities | 10/49 | €427,443 | €328,426 | -€99,017 | -23.2% |
| Equity | 10/15 | €71,468 | €150,953 | +€79,485 | +111.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,468 | €145,953 | +€79,485 | +119.6% |
| Amounts payable | 17/49 | €355,975 | €177,473 | -€178,502 | -50.1% |
| Amounts payable after more than one year | 17 | €148,991 | €98,816 | -€50,176 | -33.7% |
| Financial debts | 170/4 | €148,991 | €98,816 | -€50,176 | -33.7% |
| Amounts payable within one year | 42/48 | €206,542 | €78,480 | -€128,062 | -62.0% |
| Current portion of amounts payable after more than one year | 42 | €72,827 | €74,907 | +€2,081 | +2.9% |
| Trade debts | 44 | €433 | €948 | +€515 | +118.7% |
| Suppliers | 440/4 | €433 | €948 | +€515 | +118.7% |
| Advances received on contracts in progress | 46 | - | €1,081 | +€1,081 | |
| Taxes, remuneration and social security | 45 | €9,254 | €840 | -€8,414 | -90.9% |
| Taxes | 450/3 | €7,600 | - | -€7,600 | |
| Remuneration and social security | 454/9 | €1,654 | €840 | -€814 | -49.2% |
| Other amounts payable | 47/48 | €124,028 | €704 | -€123,325 | -99.4% |
| Accrued charges and deferred income | 492/3 | €441 | €177 | -€264 | -59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,984 | €32,185 | -€14,799 | -31.5% |
| Other operating charges | 640/8 | €564 | €707 | +€142 | +25.2% |
| Gross operating margin | 9900 | €173,465 | €144,670 | -€28,796 | -16.6% |
| Operating profit (loss) | 9901 | €125,917 | €111,778 | -€14,139 | -11.2% |
| Financial income | 75/76B | €130 | - | -€130 | |
| Recurring financial income | 75 | €130 | - | -€130 | |
| Financial charges | 65/66B | €4,304 | €3,286 | -€1,018 | -23.7% |
| Recurring financial charges | 65 | €4,304 | €3,286 | -€1,018 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €121,743 | €108,493 | -€13,250 | -10.9% |
| Income taxes | 67/77 | €26,595 | €29,008 | +€2,413 | +9.1% |
| Profit (loss) for the period | 9904 | €95,148 | €79,485 | -€15,663 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,148 | €79,485 | -€15,663 | -16.5% |
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 2 October 2026 via checked.be.