IROHA: 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.
IROHA
Largest movements
- Cash +€17,567
up €17,567 (+55.3%), from €31,770 to €49,337
mainly Net result for the year (+€18,804) and Depreciation (+€2,439)
- Tangible fixed assets +€1,345
up €1,345 (+17.8%), from €7,545 to €8,890
of which Other tangible fixed assets: +€1,013
- Stocks and contracts -€697
down €697 (-21.0%), from €3,313 to €2,616
- Reserves +€18,804
up €18,804 (+71.1%), from €26,453 to €45,257
- Trade debts -€2,023
down €2,023 (-36.9%), from €5,488 to €3,465
- Tax, wage and social debts +€812
up €812 (+64.2%), from €1,266 to €2,078
- Gross operating margin +€13,063
up €13,063 (+87.2%), from €14,984 to €28,047
- Taxes +€5,039
up €5,039 (+242.0%), from €2,082 to €7,121
- Financial income +€502
up €502 (+29.8%), from €1,687 to €2,189
- Depreciation +€501
up €501 (+25.8%), from €1,938 to €2,439
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 | €51,846 | €69,569 | +€17,723 | +34.2% |
| Formation expenses | 20 | €1,106 | €824 | -€282 | -25.5% |
| Fixed assets | 21/28 | €7,902 | €9,247 | +€1,345 | +17.0% |
| Tangible fixed assets | 22/27 | €7,545 | €8,890 | +€1,345 | +17.8% |
| Plant, machinery and equipment | 23 | €1,660 | €1,703 | +€43 | +2.6% |
| Furniture and vehicles | 24 | - | €288 | +€288 | |
| Other tangible fixed assets | 26 | €5,886 | €6,899 | +€1,013 | +17.2% |
| Financial fixed assets | 28 | €357 | €357 | = | 0.0% |
| Current assets | 29/58 | €42,838 | €59,498 | +€16,660 | +38.9% |
| Stocks and contracts in progress | 3 | €3,313 | €2,616 | -€697 | -21.0% |
| Stocks | 30/36 | €3,313 | €2,616 | -€697 | -21.0% |
| Amounts receivable within one year | 40/41 | €7,451 | €7,192 | -€259 | -3.5% |
| Trade receivables | 40 | €3,103 | €6,274 | +€3,171 | +102.2% |
| Other amounts receivable | 41 | €4,348 | €918 | -€3,430 | -78.9% |
| Cash at bank and in hand | 54/58 | €31,770 | €49,337 | +€17,567 | +55.3% |
| Deferred charges and accrued income | 490/1 | €304 | €353 | +€49 | +16.1% |
| Total equity and liabilities | 10/49 | €51,846 | €69,569 | +€17,723 | +34.2% |
| Equity | 10/15 | €45,045 | €63,849 | +€18,804 | +41.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,453 | €45,257 | +€18,804 | +71.1% |
| Distributable reserves | 133 | €26,453 | €45,257 | +€18,804 | +71.1% |
| Amounts payable | 17/49 | €6,801 | €5,720 | -€1,081 | -15.9% |
| Amounts payable within one year | 42/48 | €6,790 | €5,703 | -€1,087 | -16.0% |
| Trade debts | 44 | €5,488 | €3,465 | -€2,023 | -36.9% |
| Suppliers | 440/4 | €5,488 | €3,465 | -€2,023 | -36.9% |
| Taxes, remuneration and social security | 45 | €1,266 | €2,078 | +€812 | +64.2% |
| Taxes | 450/3 | €1,266 | €2,078 | +€812 | +64.2% |
| Other amounts payable | 47/48 | €36 | €161 | +€124 | +344.2% |
| Accrued charges and deferred income | 492/3 | €12 | €17 | +€6 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €2,439 | +€501 | +25.8% |
| Other operating charges | 640/8 | €962 | €983 | +€21 | +2.2% |
| Gross operating margin | 9900 | €14,984 | €28,047 | +€13,063 | +87.2% |
| Operating profit (loss) | 9901 | €12,084 | €24,625 | +€12,542 | +103.8% |
| Financial income | 75/76B | €1,687 | €2,189 | +€502 | +29.8% |
| Recurring financial income | 75 | €1,687 | €2,189 | +€502 | +29.8% |
| Financial charges | 65/66B | €835 | €890 | +€55 | +6.6% |
| Recurring financial charges | 65 | €835 | €890 | +€55 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €12,935 | €25,924 | +€12,989 | +100.4% |
| Income taxes | 67/77 | €2,082 | €7,121 | +€5,039 | +242.0% |
| Profit (loss) for the period | 9904 | €10,854 | €18,804 | +€7,950 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,854 | €18,804 | +€7,950 | +73.2% |
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 29 September 2026 via checked.be.