IRM: 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.
IRM
Largest movements
- Receivables within one year -€3,104
down €3,104 (-5.6%), from €55,877 to €52,773
of which Other amounts receivable: -€2,050
- Profit (loss) carried forward -€7,411
down €7,411 (-50.0%), from €14,810 to €7,399
- Tax, wage and social debts +€6,103
up €6,103 (+42.4%), from €14,408 to €20,511
of which Taxes: +€9,453
- Trade debts +€4,105
up €4,105 (+31.7%), from €12,961 to €17,067
- Other debts -€3,115
down €3,115 (-11.7%), from €26,657 to €23,542
- Advances received -€2,700
down €2,700 (-15.0%), from €17,951 to €15,251
- Gross operating margin -€5,892
down €5,892, from €131 to -€5,761
- Depreciation +€728
up €728 (+126.5%), from €575 to €1,303
- Other operating charges -€714
down €714 (-85.1%), from €839 to €125
- Taxes -€700
no longer reported in 2025 (was €700)
- Financial charges -€353
down €353 (-61.4%), from €575 to €222
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 | €90,537 | €87,519 | -€3,017 | -3.3% |
| Fixed assets | 21/28 | €34,147 | €34,349 | +€202 | +0.6% |
| Tangible fixed assets | 22/27 | €4,147 | €4,349 | +€202 | +4.9% |
| Plant, machinery and equipment | 23 | €4,147 | €4,349 | +€202 | +4.9% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €56,390 | €53,170 | -€3,220 | -5.7% |
| Amounts receivable within one year | 40/41 | €55,877 | €52,773 | -€3,104 | -5.6% |
| Trade receivables | 40 | €22,072 | €21,018 | -€1,054 | -4.8% |
| Other amounts receivable | 41 | €33,805 | €31,755 | -€2,050 | -6.1% |
| Cash at bank and in hand | 54/58 | €513 | €398 | -€115 | -22.5% |
| Total equity and liabilities | 10/49 | €90,537 | €87,519 | -€3,017 | -3.3% |
| Equity | 10/15 | €17,810 | €10,399 | -€7,411 | -41.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,810 | €7,399 | -€7,411 | -50.0% |
| Amounts payable | 17/49 | €72,727 | €77,121 | +€4,393 | +6.0% |
| Amounts payable within one year | 42/48 | €71,977 | €76,371 | +€4,393 | +6.1% |
| Trade debts | 44 | €12,961 | €17,067 | +€4,105 | +31.7% |
| Suppliers | 440/4 | €12,961 | €17,067 | +€4,105 | +31.7% |
| Advances received on contracts in progress | 46 | €17,951 | €15,251 | -€2,700 | -15.0% |
| Taxes, remuneration and social security | 45 | €14,408 | €20,511 | +€6,103 | +42.4% |
| Taxes | 450/3 | €11,058 | €20,511 | +€9,453 | +85.5% |
| Remuneration and social security | 454/9 | €3,350 | - | -€3,350 | |
| Other amounts payable | 47/48 | €26,657 | €23,542 | -€3,115 | -11.7% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €1,303 | +€728 | +126.5% |
| Other operating charges | 640/8 | €839 | €125 | -€714 | -85.1% |
| Gross operating margin | 9900 | €131 | -€5,761 | -€5,892 | |
| Operating profit (loss) | 9901 | -€1,284 | -€7,189 | -€5,905 | -460.1% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €575 | €222 | -€353 | -61.4% |
| Recurring financial charges | 65 | €575 | €222 | -€353 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,857 | -€7,411 | -€5,554 | -299.2% |
| Income taxes | 67/77 | €700 | - | -€700 | |
| Profit (loss) for the period | 9904 | -€2,556 | -€7,411 | -€4,854 | -189.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,556 | -€7,411 | -€4,854 | -189.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.