IronPose: 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.
IronPose
Largest movements
- Cash +€27,371
up €27,371 (+702.5%), from €3,896 to €31,268
mainly Other debts (+€32,349) and Receivables within one year (+€10,426)
- Receivables within one year -€10,426
down €10,426 (-10.0%), from €104,618 to €94,192
of which Trade receivables: -€7,769
- Tangible fixed assets +€4,236
up €4,236 (+32.3%), from €13,097 to €17,333
of which Furniture and vehicles: +€7,728
- Other debts +€32,349
up €32,349 (+203.7%), from €15,879 to €48,227
- Trade debts -€18,484
down €18,484 (-28.8%), from €64,085 to €45,601
- Profit (loss) carried forward +€4,849
up €4,849 (+16.5%), from €29,434 to €34,283
- Purchases and services +€53,239
up €53,239 (+11.0%), from €485,087 to €538,326
- Gross operating margin +€6,351
up €6,351 (+43.1%), from €14,750 to €21,102
- Depreciation +€1,465
up €1,465 (+25.2%), from €5,821 to €7,286
- Taxes +€1,255
up €1,255 (+24.7%), from €5,073 to €6,328
- Financial income -€875
no longer reported in 2025 (was €875)
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 | €125,015 | €144,975 | +€19,960 | +16.0% |
| Fixed assets | 21/28 | €14,885 | €18,442 | +€3,556 | +23.9% |
| Intangible fixed assets | 21 | €1,788 | €1,108 | -€680 | -38.0% |
| Tangible fixed assets | 22/27 | €13,097 | €17,333 | +€4,236 | +32.3% |
| Plant, machinery and equipment | 23 | €9,913 | €6,421 | -€3,492 | -35.2% |
| Furniture and vehicles | 24 | €3,184 | €10,913 | +€7,728 | +242.7% |
| Current assets | 29/58 | €110,130 | €126,534 | +€16,404 | +14.9% |
| Amounts receivable within one year | 40/41 | €104,618 | €94,192 | -€10,426 | -10.0% |
| Trade receivables | 40 | €92,985 | €85,216 | -€7,769 | -8.4% |
| Other amounts receivable | 41 | €11,633 | €8,976 | -€2,656 | -22.8% |
| Cash at bank and in hand | 54/58 | €3,896 | €31,268 | +€27,371 | +702.5% |
| Deferred charges and accrued income | 490/1 | €1,616 | €1,074 | -€542 | -33.5% |
| Total equity and liabilities | 10/49 | €125,015 | €144,975 | +€19,960 | +16.0% |
| Equity | 10/15 | €39,434 | €44,283 | +€4,849 | +12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,434 | €34,283 | +€4,849 | +16.5% |
| Amounts payable | 17/49 | €85,581 | €100,692 | +€15,111 | +17.7% |
| Amounts payable within one year | 42/48 | €85,581 | €100,692 | +€15,111 | +17.7% |
| Trade debts | 44 | €64,085 | €45,601 | -€18,484 | -28.8% |
| Suppliers | 440/4 | €64,085 | €45,601 | -€18,484 | -28.8% |
| Taxes, remuneration and social security | 45 | €5,617 | €6,863 | +€1,246 | +22.2% |
| Taxes | 450/3 | €5,617 | €6,863 | +€1,246 | +22.2% |
| Other amounts payable | 47/48 | €15,879 | €48,227 | +€32,349 | +203.7% |
| Non-recurring operating income | 76A | €14 | €82 | +€68 | +490.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €485,087 | €538,326 | +€53,239 | +11.0% |
| Remuneration, social security and pensions | 62 | €519 | - | -€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,821 | €7,286 | +€1,465 | +25.2% |
| Other operating charges | 640/8 | €1,169 | €942 | -€227 | -19.4% |
| Non-recurring operating charges | 66A | €0 | €168 | +€168 | +336320.0% |
| Gross operating margin | 9900 | €14,750 | €21,102 | +€6,351 | +43.1% |
| Operating profit (loss) | 9901 | €7,241 | €12,705 | +€5,464 | +75.5% |
| Financial income | 75/76B | €875 | - | -€875 | |
| Recurring financial income | 75 | €875 | - | -€875 | |
| Financial charges | 65/66B | €1,474 | €1,528 | +€54 | +3.7% |
| Recurring financial charges | 65 | €1,474 | €1,398 | -€76 | -5.2% |
| Non-recurring financial charges | 66B | - | €130 | +€130 | |
| Profit (loss) for the period before taxes | 9903 | €6,641 | €11,177 | +€4,535 | +68.3% |
| Income taxes | 67/77 | €5,073 | €6,328 | +€1,255 | +24.7% |
| Profit (loss) for the period | 9904 | €1,568 | €4,849 | +€3,281 | +209.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,568 | €4,849 | +€3,281 | +209.2% |
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 4 October 2026 via checked.be.