IRIST: 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.
IRIST
Largest movements
- Stocks and contracts +€2.1m
up €2.1m (+122.1%), from €1.8m to €3.9m
- Cash +€111,905
up €111,905 (+6395.4%), from €1,750 to €113,655
mainly Short-term financial debts (+€1.4m) and Advances received (+€988,022)
- Short-term financial debts +€1.4m
up €1.4m (+157.4%), from €882,784 to €2.3m
of which Other loans: +€1.4m
- Advances received +€988,022
up €988,022 (+272.3%), from €362,858 to €1.4m
- Other debts -€128,016
down €128,016 (-27.7%), from €462,167 to €334,151
- Trade debts -€43,345
down €43,345 (-18.4%), from €235,327 to €191,982
- Gross operating margin +€30,093
up €30,093, from -€6,970 to €23,122
- Financial charges +€1,949
up €1,949 (+34.1%), from €5,716 to €7,665
- Taxes +€755
new in 2025: €755
- Other operating charges -€479
down €479 (-79.2%), from €605 to €126
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 | €1,955,343 | €4,174,063 | +€2.2m | +113.5% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,950,343 | €4,169,063 | +€2.2m | +113.8% |
| Stocks and contracts in progress | 3 | €1,750,547 | €3,887,874 | +€2.1m | +122.1% |
| Stocks | 30/36 | €1,750,547 | €3,887,874 | +€2.1m | +122.1% |
| Amounts receivable within one year | 40/41 | €198,046 | €167,534 | -€30,512 | -15.4% |
| Trade receivables | 40 | €166,144 | €146,311 | -€19,833 | -11.9% |
| Other amounts receivable | 41 | €31,902 | €21,223 | -€10,679 | -33.5% |
| Cash at bank and in hand | 54/58 | €1,750 | €113,655 | +€111,905 | +6395.4% |
| Total equity and liabilities | 10/49 | €1,955,343 | €4,174,063 | +€2.2m | +113.5% |
| Equity | 10/15 | -€7,841 | €7,175 | +€15,016 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €2,175 | +€2,175 | |
| Distributable reserves | 133 | - | €2,175 | +€2,175 | |
| Profit (loss) carried forward | 14 | -€12,841 | €0 | +€12,841 | |
| Amounts payable | 17/49 | €1,963,184 | €4,166,888 | +€2.2m | +112.3% |
| Amounts payable within one year | 42/48 | €1,963,184 | €4,166,888 | +€2.2m | +112.3% |
| Financial debts | 43 | €882,784 | €2,272,000 | +€1.4m | +157.4% |
| Credit institutions | 430/8 | €5,784 | €0 | -€5,784 | -100.0% |
| Other loans | 439 | €877,000 | €2,272,000 | +€1.4m | +159.1% |
| Trade debts | 44 | €235,327 | €191,982 | -€43,345 | -18.4% |
| Suppliers | 440/4 | €235,327 | €191,982 | -€43,345 | -18.4% |
| Advances received on contracts in progress | 46 | €362,858 | €1,350,880 | +€988,022 | +272.3% |
| Taxes, remuneration and social security | 45 | €20,047 | €17,875 | -€2,172 | -10.8% |
| Taxes | 450/3 | €20,047 | €17,875 | -€2,172 | -10.8% |
| Other amounts payable | 47/48 | €462,167 | €334,151 | -€128,016 | -27.7% |
| Other operating charges | 640/8 | €605 | €126 | -€479 | -79.2% |
| Gross operating margin | 9900 | -€6,970 | €23,122 | +€30,093 | |
| Operating profit (loss) | 9901 | -€7,575 | €22,996 | +€30,572 | |
| Financial income | 75/76B | €451 | €440 | -€11 | -2.5% |
| Recurring financial income | 75 | €451 | €440 | -€11 | -2.5% |
| Financial charges | 65/66B | €5,716 | €7,665 | +€1,949 | +34.1% |
| Recurring financial charges | 65 | €5,716 | €7,665 | +€1,949 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,841 | €15,771 | +€28,612 | |
| Income taxes | 67/77 | - | €755 | +€755 | |
| Profit (loss) for the period | 9904 | -€12,841 | €15,016 | +€27,856 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,841 | €15,016 | +€27,856 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.