IRISteam: 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.
IRISteam
Largest movements
- Cash +€9.9m
up €9.9m (+88.3%), from €11.2m to €21.2m
mainly Trade debts (+€5.9m) and Receivables within one year (+€2.4m)
- Receivables within one year -€2.4m
down €2.4m (-17.3%), from €14.1m to €11.6m
- Deferred charges and accrued income +€1.8m
up €1.8m (+441%), from €407,919 to €2.2m
- Trade debts +€5.9m
up €5.9m (+49.1%), from €12.1m to €18.0m
- Accrued charges and deferred income +€2.2m
new in 2025: €2.2m
- Provisions +€1.1m
new in 2025: €1.1m
- Turnover +€2.7m
up €2.7m (+3.2%), from €84.0m to €86.7m
- Staff costs +€2.5m
up €2.5m (+3.4%), from €72.7m to €75.2m
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 | €25,714,894 | €34,996,476 | +€9.3m | +36.1% |
| Fixed assets | 21/28 | €10 | €10 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Affiliated companies | 280/1 | - | €0 | = | |
| Participating interests | 280 | - | €0 | = | |
| Other financial fixed assets | 284/8 | €10 | €10 | = | 0.0% |
| Shares | 284 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €25,714,884 | €34,996,466 | +€9.3m | +36.1% |
| Amounts receivable within one year | 40/41 | €14,067,622 | €11,632,043 | -€2.4m | -17.3% |
| Trade receivables | 40 | €14,067,622 | €11,632,043 | -€2.4m | -17.3% |
| Cash at bank and in hand | 54/58 | €11,239,343 | €21,158,229 | +€9.9m | +88.3% |
| Deferred charges and accrued income | 490/1 | €407,919 | €2,206,194 | +€1.8m | +441% |
| Total equity and liabilities | 10/49 | €25,714,894 | €34,996,476 | +€9.3m | +36.1% |
| Provisions and deferred taxes | 16 | - | €1,063,000 | +€1.1m | |
| Provisions for liabilities and charges | 160/5 | - | €1,063,000 | +€1.1m | |
| Other liabilities and charges | 164/5 | - | €1,063,000 | +€1.1m | |
| Amounts payable | 17/49 | €25,714,894 | €33,933,476 | +€8.2m | +32.0% |
| Amounts payable within one year | 42/48 | €25,714,894 | €31,715,701 | +€6.0m | +23.3% |
| Trade debts | 44 | €12,075,956 | €18,010,507 | +€5.9m | +49.1% |
| Suppliers | 440/4 | €12,075,956 | €18,010,507 | +€5.9m | +49.1% |
| Taxes, remuneration and social security | 45 | €13,638,938 | €13,705,194 | +€66,256 | +0.5% |
| Taxes | 450/3 | €2,616,204 | €2,749,429 | +€133,225 | +5.1% |
| Remuneration and social security | 454/9 | €11,022,734 | €10,955,765 | -€66,969 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €2,217,775 | +€2.2m | |
| Operating income | 70/76A | €84,103,028 | €87,431,011 | +€3.3m | +4.0% |
| Turnover | 70 | €84,029,787 | €86,687,744 | +€2.7m | +3.2% |
| Membership fees, donations, legacies and grants | 73 | €0 | - | = | |
| Other operating income | 74 | €73,242 | €743,267 | +€670,025 | +915% |
| Operating charges | 60/66A | €84,247,240 | €87,562,717 | +€3.3m | +3.9% |
| Services and other goods | 61 | €11,567,288 | €11,328,022 | -€239,266 | -2.1% |
| Remuneration, social security and pensions | 62 | €72,679,951 | €75,173,792 | +€2.5m | +3.4% |
| Non-recurring operating charges | 66A | - | -€2,097 | -€2,097 | |
| Operating profit (loss) | 9901 | -€144,211 | -€131,706 | +€12,505 | +8.7% |
| Financial income | 75/76B | €144,755 | €134,133 | -€10,622 | -7.3% |
| Recurring financial income | 75 | €144,755 | €134,133 | -€10,622 | -7.3% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €144,755 | €133,892 | -€10,863 | -7.5% |
| Other financial income | 752/9 | - | €241 | +€241 | |
| Financial charges | 65/66B | €160 | €2,146 | +€1,986 | +1,243% |
| Recurring financial charges | 65 | €160 | €2,146 | +€1,986 | +1,243% |
| Other financial charges | 652/9 | €160 | €2,146 | +€1,986 | +1,243% |
| Profit (loss) for the period before taxes | 9903 | €384 | €281 | -€103 | -26.9% |
| Income taxes | 67/77 | €384 | €281 | -€103 | -26.9% |
| Taxes | 670/3 | €384 | €281 | -€103 | -26.9% |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 16 October 2026 via checked.be.