Irres: 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.
Irres
Largest movements
- Tangible fixed assets +€158,580
up €158,580 (+133.7%), from €118,567 to €277,147
of which Other tangible fixed assets: +€97,377
- Receivables within one year +€139,685
up €139,685 (+20.4%), from €686,159 to €825,844
of which Trade receivables: +€154,038
- Cash +€31,392
up €31,392 (+18.7%), from €168,033 to €199,426
mainly Net result for the year (+€300,738) and Debts after one year (+€86,953)
- Reserves +€277,604
up €277,604 (+42.9%), from €647,601 to €925,205
of which Distributable reserves: +€277,604
- Other debts -€92,471
down €92,471 (-99.9%), from €92,545 to €74
- Debts after one year +€86,953
new in 2025: €86,953
- Trade debts +€79,508
up €79,508 (+41.7%), from €190,795 to €270,303
- Gross operating margin +€334,316
up €334,316 (+57.6%), from €580,491 to €914,807
- Staff costs +€116,725
up €116,725 (+42.9%), from €271,867 to €388,592
- Taxes +€62,196
up €62,196 (+70.5%), from €88,190 to €150,386
- Depreciation +€16,837
up €16,837 (+37.5%), from €44,845 to €61,682
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 | €1,047,739 | €1,396,538 | +€348,799 | +33.3% |
| Fixed assets | 21/28 | €172,860 | €343,265 | +€170,405 | +98.6% |
| Intangible fixed assets | 21 | €53,393 | €65,218 | +€11,825 | +22.1% |
| Tangible fixed assets | 22/27 | €118,567 | €277,147 | +€158,580 | +133.7% |
| Plant, machinery and equipment | 23 | €1,763 | €17,754 | +€15,990 | +906.8% |
| Furniture and vehicles | 24 | €60,097 | €105,309 | +€45,212 | +75.2% |
| Other tangible fixed assets | 26 | €56,707 | €154,084 | +€97,377 | +171.7% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €874,879 | €1,053,273 | +€178,393 | +20.4% |
| Amounts receivable within one year | 40/41 | €686,159 | €825,844 | +€139,685 | +20.4% |
| Trade receivables | 40 | €441,122 | €595,160 | +€154,038 | +34.9% |
| Other amounts receivable | 41 | €245,037 | €230,684 | -€14,352 | -5.9% |
| Cash at bank and in hand | 54/58 | €168,033 | €199,426 | +€31,392 | +18.7% |
| Deferred charges and accrued income | 490/1 | €20,687 | €28,003 | +€7,316 | +35.4% |
| Total equity and liabilities | 10/49 | €1,047,739 | €1,396,538 | +€348,799 | +33.3% |
| Equity | 10/15 | €654,597 | €932,201 | +€277,604 | +42.4% |
| Contributions | 10/11 | €6,996 | €6,996 | = | 0.0% |
| Reserves | 13 | €647,601 | €925,205 | +€277,604 | +42.9% |
| Tax-exempt reserves | 132 | €7,053 | €7,053 | = | 0.0% |
| Distributable reserves | 133 | €640,548 | €918,152 | +€277,604 | +43.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €393,142 | €464,337 | +€71,195 | +18.1% |
| Amounts payable after more than one year | 17 | - | €86,953 | +€86,953 | |
| Financial debts | 170/4 | - | €86,953 | +€86,953 | |
| Amounts payable within one year | 42/48 | €389,093 | €374,963 | -€14,130 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €27,388 | +€12,388 | +82.6% |
| Trade debts | 44 | €190,795 | €270,303 | +€79,508 | +41.7% |
| Suppliers | 440/4 | €190,795 | €270,303 | +€79,508 | +41.7% |
| Taxes, remuneration and social security | 45 | €90,754 | €77,198 | -€13,555 | -14.9% |
| Taxes | 450/3 | €57,651 | €44,614 | -€13,037 | -22.6% |
| Remuneration and social security | 454/9 | €33,103 | €32,584 | -€519 | -1.6% |
| Other amounts payable | 47/48 | €92,545 | €74 | -€92,471 | -99.9% |
| Accrued charges and deferred income | 492/3 | €4,048 | €2,420 | -€1,628 | -40.2% |
| Remuneration, social security and pensions | 62 | €271,867 | €388,592 | +€116,725 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,845 | €61,682 | +€16,837 | +37.5% |
| Other operating charges | 640/8 | €3,477 | €2,310 | -€1,167 | -33.6% |
| Gross operating margin | 9900 | €580,491 | €914,807 | +€334,316 | +57.6% |
| Operating profit (loss) | 9901 | €260,303 | €462,223 | +€201,921 | +77.6% |
| Financial income | 75/76B | €3,213 | €3,581 | +€368 | +11.5% |
| Recurring financial income | 75 | €3,213 | €3,581 | +€368 | +11.5% |
| Financial charges | 65/66B | €5,676 | €14,680 | +€9,004 | +158.6% |
| Recurring financial charges | 65 | €5,676 | €14,680 | +€9,004 | +158.6% |
| Profit (loss) for the period before taxes | 9903 | €257,839 | €451,124 | +€193,285 | +75.0% |
| Income taxes | 67/77 | €88,190 | €150,386 | +€62,196 | +70.5% |
| Profit (loss) for the period | 9904 | €169,649 | €300,738 | +€131,089 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €169,649 | €300,738 | +€131,089 | +77.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.