IRONIE: what changed
What changed
IRONIE
NACE 47.721, Retail sale of footwear
filed annual accounts (NBB)
Net result for the year
-€262,813
2024 · -€386,976+€124,163
Equity
€517,184
2024 · €779,997-€262,813
Cash
€10,177
2024 · €11,959-€1,782
Balance sheet total
€1.3m
2024 · €1.4m-€85,437
Largest movements
Assets
- Stocks and contracts -€74,267
down €74,267 (-5.6%), from €1.3m to €1.2m
Equity and liabilities
- Profit (loss) carried forward -€262,813
down €262,813, from €249,876 to -€12,937
- Trade debts +€181,503
up €181,503 (+1,642%), from €11,052 to €192,555
- Short-term financial debts +€50,000
up €50,000 (+40.0%), from €125,000 to €175,000
- Other debts -€30,684
down €30,684 (-14.8%), from €207,997 to €177,312
- Accrued charges and deferred income -€21,631
no longer reported in 2025 (was €21,631)
Income statement
- Gross operating margin +€123,011
up €123,011 (+45.7%), from -€269,400 to -€146,389
- Financial charges -€36,711
down €36,711 (-71.9%), from €51,081 to €14,370
- Staff costs +€35,896
up €35,896 (+65.8%), from €54,514 to €90,410
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€386,976
Gross operating margin
+€123,011
Staff costs
-€35,896
Depreciation
+€1,271
Other operating charges
-€983
Financial income
-€7
Financial charges
+€36,711
Taxes
+€56
Result 2025
-€262,813
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€44,783
Investment
€0
Financing
+€43,000
Cash 2024
€11,959
From operations (derived)
-€44,783
Net result for the year
-€262,813
Depreciation
+€8,520
Stocks and contracts
+€74,267
Smaller working-capital items
+€867
Trade debts
+€181,503
Tax, wage and social debts
+€5,188
Other debts
-€30,684
Accrued charges and deferred income
-€21,631
Financing
+€43,000
Debts after one year
-€7,000
Short-term financial debts
+€50,000
Cash 2025
€10,177
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,367,741 | €1,282,304 | -€85,437 | -6.2% |
| Fixed assets | 21/28 | €28,165 | €19,644 | -€8,520 | -30.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €27,046 | €18,526 | -€8,520 | -31.5% |
| Plant, machinery and equipment | 23 | €3,813 | €1,142 | -€2,671 | -70.1% |
| Furniture and vehicles | 24 | €54 | €0 | -€54 | -100% |
| Other tangible fixed assets | 26 | €23,179 | €17,384 | -€5,795 | -25.0% |
| Financial fixed assets | 28 | €1,119 | €1,119 | = | 0.0% |
| Current assets | 29/58 | €1,339,577 | €1,262,660 | -€76,917 | -5.7% |
| Stocks and contracts in progress | 3 | €1,319,332 | €1,245,065 | -€74,267 | -5.6% |
| Stocks | 30/36 | €1,319,332 | €1,245,065 | -€74,267 | -5.6% |
| Amounts receivable within one year | 40/41 | €1,732 | €1,363 | -€369 | -21.3% |
| Trade receivables | 40 | €1,616 | €1,363 | -€253 | -15.7% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €11,959 | €10,177 | -€1,782 | -14.9% |
| Deferred charges and accrued income | 490/1 | €6,553 | €6,055 | -€498 | -7.6% |
| Total equity and liabilities | 10/49 | €1,367,741 | €1,282,304 | -€85,437 | -6.2% |
| Equity | 10/15 | €779,997 | €517,184 | -€262,813 | -33.7% |
| Contributions | 10/11 | €282,000 | €282,000 | = | 0.0% |
| Reserves | 13 | €248,121 | €248,121 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,509 | €6,509 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,509 | €6,509 | = | 0.0% |
| Distributable reserves | 133 | €241,612 | €241,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,876 | -€12,937 | -€262,813 | |
| Amounts payable | 17/49 | €587,744 | €765,120 | +€177,376 | +30.2% |
| Amounts payable after more than one year | 17 | €190,334 | €183,334 | -€7,000 | -3.7% |
| Financial debts | 170/4 | €30,334 | €23,334 | -€7,000 | -23.1% |
| Other amounts payable | 178/9 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €375,780 | €581,787 | +€206,007 | +54.8% |
| Current portion of amounts payable after more than one year | 42 | €7,000 | €7,000 | = | 0.0% |
| Financial debts | 43 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Credit institutions | 430/8 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Trade debts | 44 | €11,052 | €192,555 | +€181,503 | +1,642% |
| Suppliers | 440/4 | €11,052 | €192,555 | +€181,503 | +1,642% |
| Taxes, remuneration and social security | 45 | €24,731 | €29,920 | +€5,188 | +21.0% |
| Taxes | 450/3 | €24,731 | €21,659 | -€3,072 | -12.4% |
| Remuneration and social security | 454/9 | - | €8,261 | +€8,261 | |
| Other amounts payable | 47/48 | €207,997 | €177,312 | -€30,684 | -14.8% |
| Accrued charges and deferred income | 492/3 | €21,631 | - | -€21,631 | |
| Remuneration, social security and pensions | 62 | €54,514 | €90,410 | +€35,896 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,791 | €8,520 | -€1,271 | -13.0% |
| Other operating charges | 640/8 | €1,353 | €2,336 | +€983 | +72.6% |
| Gross operating margin | 9900 | -€269,400 | -€146,389 | +€123,011 | +45.7% |
| Operating profit (loss) | 9901 | -€335,059 | -€247,655 | +€87,403 | +26.1% |
| Financial income | 75/76B | €54 | €46 | -€7 | -13.9% |
| Recurring financial income | 75 | €54 | €46 | -€7 | -13.9% |
| Financial charges | 65/66B | €51,081 | €14,370 | -€36,711 | -71.9% |
| Recurring financial charges | 65 | €51,081 | €14,370 | -€36,711 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | -€386,086 | -€261,979 | +€124,107 | +32.1% |
| Income taxes | 67/77 | €890 | €833 | -€56 | -6.3% |
| Profit (loss) for the period | 9904 | -€386,976 | -€262,813 | +€124,163 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€386,976 | -€262,813 | +€124,163 | +32.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.