IRMO INC: 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.
IRMO INC
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€27,714
down €27,714 (-6.6%), from €417,901 to €390,187
of which Land and buildings: -€19,653
- Cash +€22,004
up €22,004 (+72.8%), from €30,247 to €52,251
mainly Current investments (+€50,000) and Net result for the year (+€41,304)
- Financial fixed assets +€6,000
up €6,000 (+600%), from €1,000 to €7,000
- Debts after one year -€50,000
down €50,000 (-65.2%), from €76,698 to €26,698
- Current portion of long-term debt -€13,533
no longer reported in 2025 (was €13,533)
- Reserves +€11,304
up €11,304 (+4.7%), from €239,419 to €250,722
- Staff costs -€11,699
no longer reported in 2025 (was €11,699)
- Gross operating margin +€9,271
up €9,271 (+10.4%), from €89,079 to €98,351
- Taxes +€8,444
up €8,444 (+70.8%), from €11,934 to €20,378
- Other operating charges -€6,242
down €6,242 (-62.0%), from €10,071 to €3,829
- Depreciation +€6,035
up €6,035 (+23.8%), from €25,345 to €31,380
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 | €528,111 | €480,256 | -€47,855 | -9.1% |
| Fixed assets | 21/28 | €418,901 | €397,187 | -€21,714 | -5.2% |
| Tangible fixed assets | 22/27 | €417,901 | €390,187 | -€27,714 | -6.6% |
| Land and buildings | 22 | €369,407 | €349,754 | -€19,653 | -5.3% |
| Plant, machinery and equipment | 23 | - | €3,193 | +€3,193 | |
| Furniture and vehicles | 24 | €48,494 | €37,240 | -€11,254 | -23.2% |
| Financial fixed assets | 28 | €1,000 | €7,000 | +€6,000 | +600% |
| Current assets | 29/58 | €109,210 | €83,068 | -€26,141 | -23.9% |
| Amounts receivable within one year | 40/41 | €28,963 | €30,818 | +€1,855 | +6.4% |
| Trade receivables | 40 | €28,963 | €30,818 | +€1,855 | +6.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €30,247 | €52,251 | +€22,004 | +72.8% |
| Total equity and liabilities | 10/49 | €528,111 | €480,256 | -€47,855 | -9.1% |
| Equity | 10/15 | €359,911 | €371,214 | +€11,304 | +3.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €239,419 | €250,722 | +€11,304 | +4.7% |
| Distributable reserves | 133 | €239,419 | €250,722 | +€11,304 | +4.7% |
| Profit (loss) carried forward | 14 | €106,232 | €106,232 | = | 0.0% |
| Provisions and deferred taxes | 16 | €57,950 | €57,950 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €57,950 | €57,950 | = | 0.0% |
| Pensions and similar obligations | 160 | €55,350 | €55,350 | = | 0.0% |
| Environmental obligations | 163 | €2,600 | €2,600 | = | 0.0% |
| Amounts payable | 17/49 | €110,250 | €51,092 | -€59,159 | -53.7% |
| Amounts payable after more than one year | 17 | €76,698 | €26,698 | -€50,000 | -65.2% |
| Financial debts | 170/4 | €76,698 | €26,698 | -€50,000 | -65.2% |
| Amounts payable within one year | 42/48 | €24,863 | €15,704 | -€9,159 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €13,533 | - | -€13,533 | |
| Trade debts | 44 | €184 | €286 | +€102 | +55.5% |
| Suppliers | 440/4 | €184 | €286 | +€102 | +55.5% |
| Taxes, remuneration and social security | 45 | €9,919 | €14,636 | +€4,717 | +47.6% |
| Taxes | 450/3 | €9,919 | €14,636 | +€4,717 | +47.6% |
| Other amounts payable | 47/48 | €1,227 | €782 | -€445 | -36.3% |
| Accrued charges and deferred income | 492/3 | €8,689 | €8,689 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,699 | - | -€11,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,345 | €31,380 | +€6,035 | +23.8% |
| Other operating charges | 640/8 | €10,071 | €3,829 | -€6,242 | -62.0% |
| Gross operating margin | 9900 | €89,079 | €98,351 | +€9,271 | +10.4% |
| Operating profit (loss) | 9901 | €41,965 | €63,143 | +€21,177 | +50.5% |
| Financial income | 75/76B | €0 | €1,439 | +€1,439 | +7,193,400% |
| Recurring financial income | 75 | €0 | €1,439 | +€1,439 | +7,193,400% |
| Financial charges | 65/66B | €3,321 | €2,900 | -€421 | -12.7% |
| Recurring financial charges | 65 | €3,321 | €2,900 | -€421 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €38,644 | €61,681 | +€23,037 | +59.6% |
| Income taxes | 67/77 | €11,934 | €20,378 | +€8,444 | +70.8% |
| Profit (loss) for the period | 9904 | €26,710 | €41,304 | +€14,594 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,710 | €41,304 | +€14,594 | +54.6% |
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 14 October 2026 via checked.be.