IRL CONSULT: 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.
IRL CONSULT
Largest movements
- Receivables within one year +€82,492
up €82,492 (+84.0%), from €98,237 to €180,729
of which Trade receivables: +€89,154
- Intangible fixed assets -€16,006
down €16,006 (-34.3%), from €46,658 to €30,651
- Tangible fixed assets -€6,089
down €6,089 (-10.4%), from €58,569 to €52,480
of which Furniture and vehicles: -€8,057
- Reserves +€43,272
up €43,272 (+47.9%), from €90,418 to €133,689
- Debts after one year -€24,426
down €24,426 (-34.7%), from €70,434 to €46,007
of which Financial debts: -€24,426
- Trade debts +€15,786
up €15,786 (+367.1%), from €4,301 to €20,087
of which Bills of exchange payable: +€13,977
- Tax, wage and social debts +€13,833
up €13,833 (+57.4%), from €24,106 to €37,939
of which Taxes: +€12,539
- Other debts +€11,480
up €11,480 (+245.8%), from €4,670 to €16,150
- Gross operating margin +€66,210
up €66,210 (+32.7%), from €202,625 to €268,835
- Staff costs +€18,844
up €18,844 (+25.9%), from €72,670 to €91,514
- Write-downs +€14,527
up €14,527 (+78.2%), from €18,583 to €33,110
- Taxes +€11,670
up €11,670 (+53.3%), from €21,913 to €33,583
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 | €219,152 | €278,867 | +€59,715 | +27.2% |
| Fixed assets | 21/28 | €105,227 | €83,132 | -€22,095 | -21.0% |
| Intangible fixed assets | 21 | €46,658 | €30,651 | -€16,006 | -34.3% |
| Tangible fixed assets | 22/27 | €58,569 | €52,480 | -€6,089 | -10.4% |
| Furniture and vehicles | 24 | €54,383 | €46,326 | -€8,057 | -14.8% |
| Leasing and similar rights | 25 | €2,444 | €2,019 | -€425 | -17.4% |
| Other tangible fixed assets | 26 | €1,742 | €4,135 | +€2,393 | +137.4% |
| Current assets | 29/58 | €113,925 | €195,736 | +€81,810 | +71.8% |
| Amounts receivable after more than one year | 29 | €3,900 | €1,900 | -€2,000 | -51.3% |
| Trade receivables | 290 | €3,900 | €1,900 | -€2,000 | -51.3% |
| Amounts receivable within one year | 40/41 | €98,237 | €180,729 | +€82,492 | +84.0% |
| Trade receivables | 40 | €90,169 | €179,322 | +€89,154 | +98.9% |
| Other amounts receivable | 41 | €8,068 | €1,407 | -€6,662 | -82.6% |
| Cash at bank and in hand | 54/58 | €8,460 | €7,672 | -€788 | -9.3% |
| Deferred charges and accrued income | 490/1 | €3,329 | €5,435 | +€2,107 | +63.3% |
| Total equity and liabilities | 10/49 | €219,152 | €278,867 | +€59,715 | +27.2% |
| Equity | 10/15 | €91,394 | €134,665 | +€43,272 | +47.3% |
| Reserves | 13 | €90,418 | €133,689 | +€43,272 | +47.9% |
| Distributable reserves | 133 | €90,418 | €133,689 | +€43,272 | +47.9% |
| Profit (loss) carried forward | 14 | €976 | €976 | = | 0.0% |
| Amounts payable | 17/49 | €127,759 | €144,202 | +€16,444 | +12.9% |
| Amounts payable after more than one year | 17 | €70,434 | €46,007 | -€24,426 | -34.7% |
| Financial debts | 170/4 | €60,434 | €36,007 | -€24,426 | -40.4% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,080 | €98,195 | +€41,115 | +72.0% |
| Current portion of amounts payable after more than one year | 42 | €24,004 | €24,020 | +€16 | +0.1% |
| Trade debts | 44 | €4,301 | €20,087 | +€15,786 | +367.1% |
| Suppliers | 440/4 | €4,301 | €6,110 | +€1,810 | +42.1% |
| Bills of exchange payable | 441 | - | €13,977 | +€13,977 | |
| Taxes, remuneration and social security | 45 | €24,106 | €37,939 | +€13,833 | +57.4% |
| Taxes | 450/3 | €14,248 | €26,787 | +€12,539 | +88.0% |
| Remuneration and social security | 454/9 | €9,858 | €11,152 | +€1,294 | +13.1% |
| Other amounts payable | 47/48 | €4,670 | €16,150 | +€11,480 | +245.8% |
| Accrued charges and deferred income | 492/3 | €245 | - | -€245 | |
| Remuneration, social security and pensions | 62 | €72,670 | €91,514 | +€18,844 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,762 | €36,117 | -€1,645 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,583 | €33,110 | +€14,527 | +78.2% |
| Other operating charges | 640/8 | €800 | €2,368 | +€1,568 | +196.0% |
| Gross operating margin | 9900 | €202,625 | €268,835 | +€66,210 | +32.7% |
| Operating profit (loss) | 9901 | €72,811 | €105,726 | +€32,916 | +45.2% |
| Financial income | 75/76B | €11,376 | €9,291 | -€2,085 | -18.3% |
| Recurring financial income | 75 | €11,376 | €9,291 | -€2,085 | -18.3% |
| Financial charges | 65/66B | €2,543 | €1,997 | -€546 | -21.5% |
| Recurring financial charges | 65 | €2,543 | €1,997 | -€546 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €81,644 | €113,021 | +€31,377 | +38.4% |
| Income taxes | 67/77 | €21,913 | €33,583 | +€11,670 | +53.3% |
| Profit (loss) for the period | 9904 | €59,731 | €79,438 | +€19,707 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,731 | €79,438 | +€19,707 | +33.0% |
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 8 October 2026 via checked.be.