IRON BASE: 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.
IRON BASE
Largest movements
- Receivables within one year -€2,606
down €2,606 (-14.8%), from €17,656 to €15,051
of which Trade receivables: -€2,143
- Cash +€390
up €390 (+15.2%), from €2,573 to €2,963
mainly Trade debts (+€7,673) and Receivables within one year (+€2,606)
- Profit (loss) carried forward -€8,066
down €8,066 (-26.0%), from -€30,974 to -€39,040
- Trade debts +€7,673
up €7,673 (+322.7%), from €2,378 to €10,051
- Tax, wage and social debts -€1,274
down €1,274 (-66.9%), from €1,906 to €632
- Accrued charges and deferred income -€550
down €550 (-100.0%), from €550 to €0
- Gross operating margin -€9,309
down €9,309, from €3,239 to -€6,071
- Financial income -€2,151
down €2,151 (-100.0%), from €2,151 to €0
of which Non-recurring financial income: -€2,143
- Financial charges -€1,534
down €1,534 (-51.5%), from €2,979 to €1,445
- Depreciation -€390
down €390 (-100.0%), from €390 to €0
- Other operating charges -€243
down €243 (-30.7%), from €793 to €550
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 | €20,229 | €18,013 | -€2,216 | -11.0% |
| Current assets | 29/58 | €20,229 | €18,013 | -€2,216 | -11.0% |
| Amounts receivable within one year | 40/41 | €17,656 | €15,051 | -€2,606 | -14.8% |
| Trade receivables | 40 | €9,164 | €7,022 | -€2,143 | -23.4% |
| Other amounts receivable | 41 | €8,492 | €8,029 | -€463 | -5.5% |
| Cash at bank and in hand | 54/58 | €2,573 | €2,963 | +€390 | +15.2% |
| Total equity and liabilities | 10/49 | €20,229 | €18,013 | -€2,216 | -11.0% |
| Equity | 10/15 | €14,980 | €6,914 | -€8,066 | -53.8% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €23,644 | €23,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51 | €51 | = | 0.0% |
| Reserves not available under the articles | 1311 | €51 | €51 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,158 | €4,158 | = | 0.0% |
| Distributable reserves | 133 | €19,435 | €19,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,974 | -€39,040 | -€8,066 | -26.0% |
| Amounts payable | 17/49 | €5,249 | €11,099 | +€5,850 | +111.4% |
| Amounts payable within one year | 42/48 | €4,700 | €11,099 | +€6,399 | +136.2% |
| Trade debts | 44 | €2,378 | €10,051 | +€7,673 | +322.7% |
| Suppliers | 440/4 | €2,378 | €10,051 | +€7,673 | +322.7% |
| Taxes, remuneration and social security | 45 | €1,906 | €632 | -€1,274 | -66.9% |
| Taxes | 450/3 | €1,906 | €632 | -€1,274 | -66.9% |
| Other amounts payable | 47/48 | €417 | €417 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €550 | €0 | -€550 | -100.0% |
| Remuneration, social security and pensions | 62 | €169 | €0 | -€169 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390 | €0 | -€390 | -100.0% |
| Other operating charges | 640/8 | €793 | €550 | -€243 | -30.7% |
| Gross operating margin | 9900 | €3,239 | -€6,071 | -€9,309 | |
| Operating profit (loss) | 9901 | €1,886 | -€6,620 | -€8,507 | |
| Financial income | 75/76B | €2,151 | €0 | -€2,151 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.8% |
| Non-recurring financial income | 76B | €2,143 | €0 | -€2,143 | -100.0% |
| Financial charges | 65/66B | €2,979 | €1,445 | -€1,534 | -51.5% |
| Recurring financial charges | 65 | €2,979 | €1,445 | -€1,534 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €1,059 | -€8,066 | -€9,125 | |
| Profit (loss) for the period | 9904 | €1,059 | -€8,066 | -€9,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,059 | -€8,066 | -€9,125 |
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 8 October 2026 via checked.be.