Ironize: 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.
Ironize
Largest movements
- Receivables within one year +€26,983
up €26,983 (+447.6%), from €6,029 to €33,011
of which Other amounts receivable: +€17,694
- Cash +€19,034
up €19,034 (+251.1%), from €7,581 to €26,615
mainly Trade debts (+€34,615) and Net result for the year (+€5,769)
- Stocks and contracts -€4,736
down €4,736 (-25.2%), from €18,776 to €14,040
- Tangible fixed assets +€1,165
up €1,165 (+75.2%), from €1,549 to €2,713
of which Plant, machinery and equipment: +€1,403
- Trade debts +€34,615
up €34,615 (+2066.4%), from €1,675 to €36,290
- Profit (loss) carried forward +€5,769
up €5,769 (+67.9%), from €8,493 to €14,261
- Tax, wage and social debts +€2,055
up €2,055 (+46.8%), from €4,392 to €6,447
of which Taxes: +€2,016
- Gross operating margin -€15,610
down €15,610 (-56.3%), from €27,742 to €12,131
- Staff costs -€5,518
down €5,518 (-100.0%), from €5,518 to €0
- Depreciation -€2,517
down €2,517 (-75.1%), from €3,352 to €835
- Taxes +€1,735
up €1,735 (+235.5%), from €737 to €2,472
- Other operating charges -€1,722
down €1,722 (-49.3%), from €3,497 to €1,775
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 | €34,560 | €76,998 | +€42,439 | +122.8% |
| Fixed assets | 21/28 | €1,549 | €2,713 | +€1,165 | +75.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,549 | €2,713 | +€1,165 | +75.2% |
| Plant, machinery and equipment | 23 | €407 | €1,810 | +€1,403 | +344.3% |
| Furniture and vehicles | 24 | €1,141 | €903 | -€238 | -20.9% |
| Current assets | 29/58 | €33,011 | €74,285 | +€41,274 | +125.0% |
| Stocks and contracts in progress | 3 | €18,776 | €14,040 | -€4,736 | -25.2% |
| Stocks | 30/36 | €18,776 | €14,040 | -€4,736 | -25.2% |
| Amounts receivable within one year | 40/41 | €6,029 | €33,011 | +€26,983 | +447.6% |
| Trade receivables | 40 | €3,625 | €12,913 | +€9,288 | +256.3% |
| Other amounts receivable | 41 | €2,404 | €20,098 | +€17,694 | +736.0% |
| Cash at bank and in hand | 54/58 | €7,581 | €26,615 | +€19,034 | +251.1% |
| Deferred charges and accrued income | 490/1 | €626 | €618 | -€7 | -1.2% |
| Total equity and liabilities | 10/49 | €34,560 | €76,998 | +€42,439 | +122.8% |
| Equity | 10/15 | €28,493 | €34,261 | +€5,769 | +20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,493 | €14,261 | +€5,769 | +67.9% |
| Amounts payable | 17/49 | €6,067 | €42,737 | +€36,670 | +604.4% |
| Amounts payable within one year | 42/48 | €6,067 | €42,737 | +€36,670 | +604.4% |
| Trade debts | 44 | €1,675 | €36,290 | +€34,615 | +2066.4% |
| Suppliers | 440/4 | €1,675 | €36,290 | +€34,615 | +2066.4% |
| Taxes, remuneration and social security | 45 | €4,392 | €6,447 | +€2,055 | +46.8% |
| Taxes | 450/3 | €1,855 | €3,871 | +€2,016 | +108.7% |
| Remuneration and social security | 454/9 | €2,537 | €2,576 | +€39 | +1.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €5,518 | €0 | -€5,518 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,352 | €835 | -€2,517 | -75.1% |
| Other operating charges | 640/8 | €3,497 | €1,775 | -€1,722 | -49.3% |
| Gross operating margin | 9900 | €27,742 | €12,131 | -€15,610 | -56.3% |
| Operating profit (loss) | 9901 | €15,374 | €9,521 | -€5,853 | -38.1% |
| Financial income | 75/76B | €76 | €0 | -€76 | -100.0% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -100.0% |
| Financial charges | 65/66B | €299 | €1,280 | +€982 | +328.8% |
| Recurring financial charges | 65 | €299 | €1,280 | +€982 | +328.8% |
| Profit (loss) for the period before taxes | 9903 | €15,152 | €8,241 | -€6,911 | -45.6% |
| Income taxes | 67/77 | €737 | €2,472 | +€1,735 | +235.5% |
| Profit (loss) for the period | 9904 | €14,415 | €5,769 | -€8,646 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,415 | €5,769 | -€8,646 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.