IRNO: 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.
IRNO
Largest movements
- Financial fixed assets +€1.0m
new in 2024: €1.0m
- Receivables within one year -€185,844
no longer reported in 2024 (was €185,844)
- Receivables after one year -€115,316
down €115,316 (-66.0%), from €174,606 to €59,290
- Current investments +€37,253
up €37,253 (+27.3%), from €136,275 to €173,529
- Deferred charges and accrued income +€34,875
up €34,875 (+67.3%), from €51,836 to €86,711
- Debts after one year +€532,478
up €532,478 (+215.5%), from €247,125 to €779,603
- Trade debts +€192,881
up €192,881 (+255.5%), from €75,502 to €268,383
- Current portion of long-term debt +€103,611
up €103,611 (+809.4%), from €12,801 to €116,412
- Tax, wage and social debts -€22,540
down €22,540 (-43.5%), from €51,809 to €29,269
- Gross operating margin -€71,422
down €71,422 (-67.1%), from €106,365 to €34,943
- Taxes -€22,801
down €22,801 (-87.1%), from €26,177 to €3,376
- Financial charges +€17,659
up €17,659 (+463.9%), from €3,806 to €21,465
- Financial income -€12,130
down €12,130 (-63.5%), from €19,098 to €6,967
- Depreciation +€2,754
up €2,754 (+27.3%), from €10,076 to €12,831
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €865,438 | €1,672,929 | +€807,492 | +93.3% |
| Fixed assets | 21/28 | €285,095 | €1,291,762 | +€1.0m | +353.1% |
| Tangible fixed assets | 22/27 | €285,095 | €291,762 | +€6,667 | +2.3% |
| Land and buildings | 22 | €271,459 | €263,801 | -€7,659 | -2.8% |
| Furniture and vehicles | 24 | €13,635 | €27,962 | +€14,326 | +105.1% |
| Financial fixed assets | 28 | - | €1,000,000 | +€1.0m | |
| Current assets | 29/58 | €580,343 | €381,167 | -€199,176 | -34.3% |
| Amounts receivable after more than one year | 29 | €174,606 | €59,290 | -€115,316 | -66.0% |
| Other amounts receivable | 291 | €174,606 | €59,290 | -€115,316 | -66.0% |
| Amounts receivable within one year | 40/41 | €185,844 | - | -€185,844 | |
| Other amounts receivable | 41 | €185,844 | - | -€185,844 | |
| Current investments | 50/53 | €136,275 | €173,529 | +€37,253 | +27.3% |
| Cash at bank and in hand | 54/58 | €31,781 | €61,637 | +€29,856 | +93.9% |
| Deferred charges and accrued income | 490/1 | €51,836 | €86,711 | +€34,875 | +67.3% |
| Total equity and liabilities | 10/49 | €865,438 | €1,672,929 | +€807,492 | +93.3% |
| Equity | 10/15 | €478,201 | €478,947 | +€747 | +0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €463,958 | €466,547 | +€2,589 | +0.6% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €462,718 | €465,307 | +€2,589 | +0.6% |
| Profit (loss) carried forward | 14 | €1,842 | - | -€1,842 | |
| Amounts payable | 17/49 | €387,237 | €1,193,982 | +€806,745 | +208.3% |
| Amounts payable after more than one year | 17 | €247,125 | €779,603 | +€532,478 | +215.5% |
| Financial debts | 170/4 | €247,125 | €779,603 | +€532,478 | +215.5% |
| Amounts payable within one year | 42/48 | €140,112 | €414,064 | +€273,952 | +195.5% |
| Current portion of amounts payable after more than one year | 42 | €12,801 | €116,412 | +€103,611 | +809.4% |
| Trade debts | 44 | €75,502 | €268,383 | +€192,881 | +255.5% |
| Suppliers | 440/4 | €75,502 | €268,383 | +€192,881 | +255.5% |
| Taxes, remuneration and social security | 45 | €51,809 | €29,269 | -€22,540 | -43.5% |
| Taxes | 450/3 | €51,809 | €29,269 | -€22,540 | -43.5% |
| Accrued charges and deferred income | 492/3 | - | €314 | +€314 | |
| Non-recurring operating income | 76A | - | €1,086 | +€1,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,076 | €12,831 | +€2,754 | +27.3% |
| Other operating charges | 640/8 | €2,721 | €3,492 | +€771 | +28.3% |
| Gross operating margin | 9900 | €106,365 | €34,943 | -€71,422 | -67.1% |
| Operating profit (loss) | 9901 | €93,568 | €18,621 | -€74,947 | -80.1% |
| Financial income | 75/76B | €19,098 | €6,967 | -€12,130 | -63.5% |
| Recurring financial income | 75 | €19,098 | €6,967 | -€12,130 | -63.5% |
| Financial charges | 65/66B | €3,806 | €21,465 | +€17,659 | +463.9% |
| Recurring financial charges | 65 | €3,806 | €21,465 | +€17,659 | +463.9% |
| Profit (loss) for the period before taxes | 9903 | €108,859 | €4,123 | -€104,736 | -96.2% |
| Income taxes | 67/77 | €26,177 | €3,376 | -€22,801 | -87.1% |
| Profit (loss) for the period | 9904 | €82,682 | €747 | -€81,935 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,682 | €747 | -€81,935 | -99.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.