IRMGARD & ASTRID: what changed
IRMGARD & ASTRID
Largest movements
- Deferred charges and accrued income -€53,724
down €53,724 (-99.8%), from €53,819 to €95
- Tangible fixed assets -€18,431
down €18,431 (-8.3%), from €223,187 to €204,756
of which Land and buildings: -€15,919
- Cash -€3,962
down €3,962 (-16.0%), from €24,715 to €20,753
mainly Other debts (-€53,496) and Debts after one year (-€14,566)
- Other debts -€53,496
down €53,496 (-74.3%), from €71,966 to €18,470
- Debts after one year -€14,566
down €14,566 (-12.2%), from €119,794 to €105,228
- Tax, wage and social debts -€6,809
down €6,809 (-48.3%), from €14,096 to €7,287
- Reserves +€6,786
up €6,786 (+9.7%), from €70,200 to €76,986
- Current portion of long-term debt -€5,782
down €5,782 (-28.5%), from €20,289 to €14,507
- Staff costs +€29,820
up €29,820 (+40.9%), from €72,825 to €102,645
- Taxes -€6,473
down €6,473 (-58.2%), from €11,123 to €4,650
- Gross operating margin +€3,324
up €3,324 (+2.3%), from €145,245 to €148,568
- Financial charges -€1,835
down €1,835 (-12.7%), from €14,429 to €12,594
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,679 | €232,734 | -€75,945 | -24.6% |
| Fixed assets | 21/28 | €223,187 | €204,756 | -€18,431 | -8.3% |
| Tangible fixed assets | 22/27 | €223,187 | €204,756 | -€18,431 | -8.3% |
| Land and buildings | 22 | €217,802 | €201,883 | -€15,919 | -7.3% |
| Plant, machinery and equipment | 23 | €5,028 | €2,873 | -€2,155 | -42.9% |
| Furniture and vehicles | 24 | €357 | €0 | -€357 | -100.0% |
| Current assets | 29/58 | €85,492 | €27,978 | -€57,514 | -67.3% |
| Stocks and contracts in progress | 3 | €3,645 | €3,732 | +€87 | +2.4% |
| Stocks | 30/36 | €3,645 | €3,732 | +€87 | +2.4% |
| Amounts receivable within one year | 40/41 | €3,313 | €3,398 | +€85 | +2.6% |
| Trade receivables | 40 | €2,303 | €2,182 | -€122 | -5.3% |
| Other amounts receivable | 41 | €1,010 | €1,217 | +€207 | +20.5% |
| Cash at bank and in hand | 54/58 | €24,715 | €20,753 | -€3,962 | -16.0% |
| Deferred charges and accrued income | 490/1 | €53,819 | €95 | -€53,724 | -99.8% |
| Total equity and liabilities | 10/49 | €308,679 | €232,734 | -€75,945 | -24.6% |
| Equity | 10/15 | €80,422 | €87,209 | +€6,786 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,200 | €76,986 | +€6,786 | +9.7% |
| Distributable reserves | 133 | €70,200 | €76,986 | +€6,786 | +9.7% |
| Profit (loss) carried forward | 14 | -€8,377 | -€8,377 | = | 0.0% |
| Amounts payable | 17/49 | €228,257 | €145,525 | -€82,731 | -36.2% |
| Amounts payable after more than one year | 17 | €119,794 | €105,228 | -€14,566 | -12.2% |
| Financial debts | 170/4 | €119,794 | €105,228 | -€14,566 | -12.2% |
| Amounts payable within one year | 42/48 | €108,463 | €40,297 | -€68,166 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €20,289 | €14,507 | -€5,782 | -28.5% |
| Trade debts | 44 | €2,113 | €34 | -€2,079 | -98.4% |
| Suppliers | 440/4 | €2,113 | €34 | -€2,079 | -98.4% |
| Taxes, remuneration and social security | 45 | €14,096 | €7,287 | -€6,809 | -48.3% |
| Taxes | 450/3 | €14,096 | €7,287 | -€6,809 | -48.3% |
| Other amounts payable | 47/48 | €71,966 | €18,470 | -€53,496 | -74.3% |
| Remuneration, social security and pensions | 62 | €72,825 | €102,645 | +€29,820 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,032 | €18,431 | +€399 | +2.2% |
| Other operating charges | 640/8 | €3,063 | €3,462 | +€399 | +13.0% |
| Gross operating margin | 9900 | €145,245 | €148,568 | +€3,324 | +2.3% |
| Operating profit (loss) | 9901 | €51,324 | €24,030 | -€27,294 | -53.2% |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.7% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.7% |
| Financial charges | 65/66B | €14,429 | €12,594 | -€1,835 | -12.7% |
| Recurring financial charges | 65 | €14,429 | €12,594 | -€1,835 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €36,914 | €11,437 | -€25,477 | -69.0% |
| Income taxes | 67/77 | €11,123 | €4,650 | -€6,473 | -58.2% |
| Profit (loss) for the period | 9904 | €25,791 | €6,786 | -€19,005 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,791 | €6,786 | -€19,005 | -73.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.