IRON POWER: 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.
IRON POWER
Largest movements
- Receivables within one year -€3,042
down €3,042 (-93.2%), from €3,265 to €222
of which Trade receivables: -€2,222
- Cash -€109
down €109 (-78.8%), from €138 to €29
mainly Net result for the year (-€3,606) and Trade debts (-€2,329)
- Profit (loss) carried forward -€3,606
down €3,606 (-22.2%), from -€16,240 to -€19,846
- Other debts +€3,334
up €3,334 (+66.7%), from €5,000 to €8,334
- Trade debts -€2,329
down €2,329 (-66.3%), from €3,511 to €1,182
- Tax, wage and social debts -€551
down €551 (-69.6%), from €791 to €241
of which Remuneration and social security: -€503
- Gross operating margin -€12,564
down €12,564, from €9,587 to -€2,976
- Staff costs -€7,257
down €7,257, from €6,777 to -€481
- Financial charges -€1,337
down €1,337 (-93.8%), from €1,426 to €89
- Other operating charges -€404
down €404 (-28.4%), from €1,421 to €1,017
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 | €5,933 | €2,782 | -€3,151 | -53.1% |
| Fixed assets | 21/28 | €2,530 | €2,530 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €2,530 | €2,530 | = | 0.0% |
| Current assets | 29/58 | €3,403 | €252 | -€3,151 | -92.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,265 | €222 | -€3,042 | -93.2% |
| Trade receivables | 40 | €2,222 | - | -€2,222 | |
| Other amounts receivable | 41 | €1,042 | €222 | -€820 | -78.7% |
| Cash at bank and in hand | 54/58 | €138 | €29 | -€109 | -78.8% |
| Total equity and liabilities | 10/49 | €5,933 | €2,782 | -€3,151 | -53.1% |
| Equity | 10/15 | -€3,369 | -€6,975 | -€3,606 | -107% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €12,870 | €12,870 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €12,870 | €12,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,240 | -€19,846 | -€3,606 | -22.2% |
| Amounts payable | 17/49 | €9,302 | €9,757 | +€455 | +4.9% |
| Amounts payable within one year | 42/48 | €9,302 | €9,757 | +€455 | +4.9% |
| Trade debts | 44 | €3,511 | €1,182 | -€2,329 | -66.3% |
| Suppliers | 440/4 | €3,511 | €1,182 | -€2,329 | -66.3% |
| Taxes, remuneration and social security | 45 | €791 | €241 | -€551 | -69.6% |
| Taxes | 450/3 | €47 | - | -€47 | |
| Remuneration and social security | 454/9 | €744 | €241 | -€503 | -67.7% |
| Other amounts payable | 47/48 | €5,000 | €8,334 | +€3,334 | +66.7% |
| Remuneration, social security and pensions | 62 | €6,777 | -€481 | -€7,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,421 | €1,017 | -€404 | -28.4% |
| Non-recurring operating charges | 66A | €197 | €119 | -€78 | -39.4% |
| Gross operating margin | 9900 | €9,587 | -€2,976 | -€12,564 | |
| Operating profit (loss) | 9901 | €1,193 | -€3,632 | -€4,825 | |
| Financial income | 75/76B | €19 | €115 | +€95 | +493% |
| Recurring financial income | 75 | €19 | €115 | +€95 | +493% |
| Financial charges | 65/66B | €1,426 | €89 | -€1,337 | -93.8% |
| Recurring financial charges | 65 | €1,426 | €89 | -€1,337 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | -€213 | -€3,606 | -€3,393 | -1,589% |
| Profit (loss) for the period | 9904 | -€213 | -€3,606 | -€3,393 | -1,589% |
| Profit (loss) for the period to be appropriated | 9905 | -€213 | -€3,606 | -€3,393 | -1,589% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.