IRMA: 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.
IRMA
Largest movements
- Receivables within one year +€42,604
up €42,604 (+114.9%), from €37,094 to €79,698
of which Trade receivables: +€37,899
- Cash -€18,902
down €18,902 (-48.7%), from €38,786 to €19,884
mainly Receivables within one year (-€42,604) and Investment in fixed assets (net) (-€7,556)
- Tangible fixed assets +€5,239
up €5,239 (+491.3%), from €1,066 to €6,305
of which Furniture and vehicles: +€3,448
- Reserves +€14,563
up €14,563 (+22.5%), from €64,692 to €79,256
- Trade debts +€9,417
up €9,417 (+1083.0%), from €870 to €10,287
- Tax, wage and social debts +€7,744
up €7,744 (+926.5%), from €836 to €8,580
of which Taxes: +€4,678
- Other debts -€2,924
down €2,924 (-58.2%), from €5,023 to €2,099
- Gross operating margin +€16,527
up €16,527 (+229.9%), from €7,188 to €23,715
- Taxes +€4,196
up €4,196 (+267.8%), from €1,567 to €5,762
- Depreciation +€1,891
up €1,891 (+443.7%), from €426 to €2,317
- Financial charges -€261
down €261 (-50.2%), from €518 to €258
- Other operating charges -€260
down €260 (-23.0%), from €1,133 to €873
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 | €77,933 | €106,715 | +€28,782 | +36.9% |
| Fixed assets | 21/28 | €1,066 | €6,305 | +€5,239 | +491.3% |
| Tangible fixed assets | 22/27 | €1,066 | €6,305 | +€5,239 | +491.3% |
| Plant, machinery and equipment | 23 | €1,066 | €2,857 | +€1,791 | +168.0% |
| Furniture and vehicles | 24 | - | €3,448 | +€3,448 | |
| Current assets | 29/58 | €76,866 | €100,410 | +€23,544 | +30.6% |
| Amounts receivable within one year | 40/41 | €37,094 | €79,698 | +€42,604 | +114.9% |
| Trade receivables | 40 | €23,516 | €61,415 | +€37,899 | +161.2% |
| Other amounts receivable | 41 | €13,578 | €18,283 | +€4,706 | +34.7% |
| Cash at bank and in hand | 54/58 | €38,786 | €19,884 | -€18,902 | -48.7% |
| Deferred charges and accrued income | 490/1 | €986 | €828 | -€158 | -16.0% |
| Total equity and liabilities | 10/49 | €77,933 | €106,715 | +€28,782 | +36.9% |
| Equity | 10/15 | €70,892 | €85,456 | +€14,563 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,692 | €79,256 | +€14,563 | +22.5% |
| Distributable reserves | 133 | €64,692 | €79,256 | +€14,563 | +22.5% |
| Amounts payable | 17/49 | €7,040 | €21,259 | +€14,219 | +202.0% |
| Amounts payable within one year | 42/48 | €6,728 | €20,966 | +€14,237 | +211.6% |
| Trade debts | 44 | €870 | €10,287 | +€9,417 | +1083.0% |
| Suppliers | 440/4 | €870 | €10,287 | +€9,417 | +1083.0% |
| Taxes, remuneration and social security | 45 | €836 | €8,580 | +€7,744 | +926.5% |
| Taxes | 450/3 | €836 | €5,513 | +€4,678 | +559.6% |
| Remuneration and social security | 454/9 | - | €3,066 | +€3,066 | |
| Other amounts payable | 47/48 | €5,023 | €2,099 | -€2,924 | -58.2% |
| Accrued charges and deferred income | 492/3 | €312 | €294 | -€18 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €2,317 | +€1,891 | +443.7% |
| Other operating charges | 640/8 | €1,133 | €873 | -€260 | -23.0% |
| Gross operating margin | 9900 | €7,188 | €23,715 | +€16,527 | +229.9% |
| Operating profit (loss) | 9901 | €5,629 | €20,525 | +€14,896 | +264.6% |
| Financial income | 75/76B | €177 | €59 | -€119 | -66.9% |
| Recurring financial income | 75 | €177 | €59 | -€119 | -66.9% |
| Financial charges | 65/66B | €518 | €258 | -€261 | -50.2% |
| Recurring financial charges | 65 | €518 | €258 | -€261 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €5,288 | €20,326 | +€15,038 | +284.4% |
| Income taxes | 67/77 | €1,567 | €5,762 | +€4,196 | +267.8% |
| Profit (loss) for the period | 9904 | €3,721 | €14,563 | +€10,842 | +291.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,721 | €14,563 | +€10,842 | +291.4% |
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 28 September 2026 via checked.be.