IRMINHILDIS: 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.
IRMINHILDIS
Largest movements
- Cash +€17,735
up €17,735 (+104%), from €17,019 to €34,754
mainly Stocks and contracts (+€7,103) and Trade debts (+€6,558)
- Stocks and contracts -€7,103
down €7,103 (-70.3%), from €10,103 to €3,000
- Receivables within one year -€4,079
down €4,079 (-23.0%), from €17,745 to €13,666
of which Other amounts receivable: -€3,706
- Intangible fixed assets -€2,813
down €2,813 (-75.0%), from €3,750 to €938
- Tangible fixed assets -€2,454
down €2,454 (-14.7%), from €16,659 to €14,205
- Debts after one year -€13,490
down €13,490 (-26.4%), from €51,034 to €37,544
- Trade debts +€6,558
up €6,558 (+168%), from €3,912 to €10,470
- Tax, wage and social debts +€4,507
up €4,507 (+3,397%), from €133 to €4,640
of which Remuneration and social security: +€4,640
- Profit (loss) carried forward +€2,796
up €2,796 (+12.0%), from -€23,241 to -€20,445
- Other debts +€904
up €904 (+68.6%), from €1,318 to €2,222
- Depreciation -€2,808
down €2,808 (-34.8%), from €8,075 to €5,267
- Gross operating margin -€1,141
down €1,141 (-10.7%), from €10,639 to €9,498
- Other operating charges -€952
down €952 (-71.2%), from €1,338 to €386
- Financial charges -€577
down €577 (-50.3%), from €1,148 to €570
- Staff costs +€482
new in 2025: €482
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 | €65,526 | €66,813 | +€1,287 | +2.0% |
| Fixed assets | 21/28 | €20,659 | €15,392 | -€5,267 | -25.5% |
| Intangible fixed assets | 21 | €3,750 | €938 | -€2,813 | -75.0% |
| Tangible fixed assets | 22/27 | €16,659 | €14,205 | -€2,454 | -14.7% |
| Other tangible fixed assets | 26 | €16,659 | €14,205 | -€2,454 | -14.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €44,867 | €51,420 | +€6,554 | +14.6% |
| Stocks and contracts in progress | 3 | €10,103 | €3,000 | -€7,103 | -70.3% |
| Stocks | 30/36 | €10,103 | €3,000 | -€7,103 | -70.3% |
| Amounts receivable within one year | 40/41 | €17,745 | €13,666 | -€4,079 | -23.0% |
| Trade receivables | 40 | €13,065 | €12,692 | -€373 | -2.9% |
| Other amounts receivable | 41 | €4,680 | €974 | -€3,706 | -79.2% |
| Cash at bank and in hand | 54/58 | €17,019 | €34,754 | +€17,735 | +104% |
| Total equity and liabilities | 10/49 | €65,526 | €66,813 | +€1,287 | +2.0% |
| Equity | 10/15 | -€4,439 | -€1,643 | +€2,796 | +63.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202 | €202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €202 | €202 | = | 0.0% |
| Reserves not available under the articles | 1311 | €202 | €202 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,241 | -€20,445 | +€2,796 | +12.0% |
| Amounts payable | 17/49 | €69,965 | €68,456 | -€1,509 | -2.2% |
| Amounts payable after more than one year | 17 | €51,034 | €37,544 | -€13,490 | -26.4% |
| Financial debts | 170/4 | €51,034 | €37,544 | -€13,490 | -26.4% |
| Amounts payable within one year | 42/48 | €18,931 | €30,822 | +€11,891 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | €13,568 | €13,490 | -€78 | -0.6% |
| Trade debts | 44 | €3,912 | €10,470 | +€6,558 | +168% |
| Suppliers | 440/4 | €3,912 | €10,470 | +€6,558 | +168% |
| Taxes, remuneration and social security | 45 | €133 | €4,640 | +€4,507 | +3,397% |
| Taxes | 450/3 | €133 | €0 | -€133 | -100% |
| Remuneration and social security | 454/9 | - | €4,640 | +€4,640 | |
| Other amounts payable | 47/48 | €1,318 | €2,222 | +€904 | +68.6% |
| Accrued charges and deferred income | 492/3 | - | €90 | +€90 | |
| Remuneration, social security and pensions | 62 | - | €482 | +€482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,075 | €5,267 | -€2,808 | -34.8% |
| Other operating charges | 640/8 | €1,338 | €386 | -€952 | -71.2% |
| Gross operating margin | 9900 | €10,639 | €9,498 | -€1,141 | -10.7% |
| Operating profit (loss) | 9901 | €1,227 | €3,364 | +€2,137 | +174% |
| Financial income | 75/76B | €5 | €4 | -€1 | -21.7% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -21.7% |
| Financial charges | 65/66B | €1,148 | €570 | -€577 | -50.3% |
| Recurring financial charges | 65 | €1,148 | €570 | -€577 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €84 | €2,797 | +€2,713 | +3,236% |
| Income taxes | 67/77 | €1 | €1 | +€0 | +14.9% |
| Profit (loss) for the period | 9904 | €83 | €2,796 | +€2,713 | +3,275% |
| Profit (loss) for the period to be appropriated | 9905 | €83 | €2,796 | +€2,713 | +3,275% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.