IRSmile: 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.
IRSmile
Largest movements
- Cash +€82,316
up €82,316 (+141%), from €58,302 to €140,617
mainly Net result for the year (+€65,667) and Depreciation (+€30,331)
- Deferred charges and accrued income +€20,749
up €20,749 (+18,217%), from €114 to €20,863
- Intangible fixed assets -€20,000
down €20,000 (-25.9%), from €77,315 to €57,315
- Tangible fixed assets -€10,331
down €10,331 (-53.2%), from €19,404 to €9,072
- Receivables within one year -€5,507
down €5,507 (-100%), from €5,507 to €0
of which Other amounts receivable: -€3,549
- Profit (loss) carried forward +€65,667
up €65,667 (+138%), from €47,742 to €113,410
- Debts after one year -€19,557
down €19,557 (-26.6%), from €73,492 to €53,935
- Other debts +€12,479
new in 2025: €12,479
- Accrued charges and deferred income +€5,798
new in 2025: €5,798
- Tax, wage and social debts +€3,170
up €3,170 (+18.6%), from €17,026 to €20,196
of which Taxes: +€2,921
- Gross operating margin +€43,030
up €43,030 (+57.5%), from €74,841 to €117,871
- Taxes +€8,194
up €8,194 (+82.6%), from €9,923 to €18,117
- Financial charges +€1,598
up €1,598 (+83.7%), from €1,908 to €3,506
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 | €160,642 | €227,868 | +€67,226 | +41.8% |
| Fixed assets | 21/28 | €96,719 | €66,387 | -€30,331 | -31.4% |
| Intangible fixed assets | 21 | €77,315 | €57,315 | -€20,000 | -25.9% |
| Tangible fixed assets | 22/27 | €19,404 | €9,072 | -€10,331 | -53.2% |
| Furniture and vehicles | 24 | €19,404 | €9,072 | -€10,331 | -53.2% |
| Current assets | 29/58 | €63,923 | €161,481 | +€97,558 | +153% |
| Amounts receivable within one year | 40/41 | €5,507 | €0 | -€5,507 | -100% |
| Trade receivables | 40 | €1,958 | €0 | -€1,958 | -100% |
| Other amounts receivable | 41 | €3,549 | €0 | -€3,549 | -100% |
| Cash at bank and in hand | 54/58 | €58,302 | €140,617 | +€82,316 | +141% |
| Deferred charges and accrued income | 490/1 | €114 | €20,863 | +€20,749 | +18,217% |
| Total equity and liabilities | 10/49 | €160,642 | €227,868 | +€67,226 | +41.8% |
| Equity | 10/15 | €49,242 | €114,910 | +€65,667 | +133% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,742 | €113,410 | +€65,667 | +138% |
| Amounts payable | 17/49 | €111,399 | €112,959 | +€1,559 | +1.4% |
| Amounts payable after more than one year | 17 | €73,492 | €53,935 | -€19,557 | -26.6% |
| Financial debts | 170/4 | €73,492 | €53,935 | -€19,557 | -26.6% |
| Amounts payable within one year | 42/48 | €37,907 | €53,225 | +€15,318 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €18,859 | €19,557 | +€698 | +3.7% |
| Trade debts | 44 | €2,022 | €993 | -€1,029 | -50.9% |
| Suppliers | 440/4 | €2,022 | €993 | -€1,029 | -50.9% |
| Taxes, remuneration and social security | 45 | €17,026 | €20,196 | +€3,170 | +18.6% |
| Taxes | 450/3 | €15,002 | €17,922 | +€2,921 | +19.5% |
| Remuneration and social security | 454/9 | €2,024 | €2,274 | +€250 | +12.3% |
| Other amounts payable | 47/48 | - | €12,479 | +€12,479 | |
| Accrued charges and deferred income | 492/3 | - | €5,798 | +€5,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,659 | €30,331 | +€673 | +2.3% |
| Other operating charges | 640/8 | €787 | €582 | -€205 | -26.0% |
| Gross operating margin | 9900 | €74,841 | €117,871 | +€43,030 | +57.5% |
| Operating profit (loss) | 9901 | €44,395 | €86,958 | +€42,562 | +95.9% |
| Financial income | 75/76B | €180 | €332 | +€153 | +85.0% |
| Recurring financial income | 75 | €180 | €332 | +€153 | +85.0% |
| Financial charges | 65/66B | €1,908 | €3,506 | +€1,598 | +83.7% |
| Recurring financial charges | 65 | €1,908 | €3,506 | +€1,598 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | €42,667 | €83,784 | +€41,117 | +96.4% |
| Income taxes | 67/77 | €9,923 | €18,117 | +€8,194 | +82.6% |
| Profit (loss) for the period | 9904 | €32,744 | €65,667 | +€32,923 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €32,744 | €65,667 | +€32,923 | +101% |
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 14 October 2026 via checked.be.