IRT-technics: 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.
IRT-technics
Largest movements
- Deferred charges and accrued income -€25,729
down €25,729 (-85.0%), from €30,277 to €4,549
- Cash -€20,101
down €20,101 (-49.9%), from €40,277 to €20,175
mainly Trade debts (-€19,483) and Investment in fixed assets (net) (-€19,202)
- Receivables within one year +€7,834
up €7,834 (+22.4%), from €34,928 to €42,763
of which Trade receivables: +€17,587
- Trade debts -€19,483
down €19,483 (-61.0%), from €31,957 to €12,474
- Reserves -€15,984
down €15,984 (-10.5%), from €151,760 to €135,777
of which Distributable reserves: -€16,000
- Tax, wage and social debts -€9,719
down €9,719 (-21.6%), from €45,021 to €35,301
- Profit (loss) carried forward +€8,966
up €8,966, from -€8,669 to €297
- Other debts -€4,700
down €4,700 (-22.4%), from €21,000 to €16,300
- Gross operating margin +€66,913
up €66,913, from -€8,316 to €58,597
- Depreciation +€18,817
up €18,817 (+644.0%), from €2,922 to €21,739
- Taxes +€15,938
up €15,938 (+2105.2%), from €757 to €16,695
- Other operating charges +€4,425
up €4,425 (+108.2%), from €4,090 to €8,515
- Financial income -€3,781
down €3,781 (-66.9%), from €5,653 to €1,872
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 | €259,668 | €219,136 | -€40,533 | -15.6% |
| Fixed assets | 21/28 | €154,186 | €151,649 | -€2,537 | -1.6% |
| Tangible fixed assets | 22/27 | €154,186 | €151,649 | -€2,537 | -1.6% |
| Plant, machinery and equipment | 23 | €765 | €331 | -€434 | -56.8% |
| Furniture and vehicles | 24 | €153,421 | €151,319 | -€2,102 | -1.4% |
| Current assets | 29/58 | €105,482 | €67,486 | -€37,996 | -36.0% |
| Amounts receivable within one year | 40/41 | €34,928 | €42,763 | +€7,834 | +22.4% |
| Trade receivables | 40 | €0 | €17,587 | +€17,587 | |
| Other amounts receivable | 41 | €34,928 | €25,176 | -€9,753 | -27.9% |
| Cash at bank and in hand | 54/58 | €40,277 | €20,175 | -€20,101 | -49.9% |
| Deferred charges and accrued income | 490/1 | €30,277 | €4,549 | -€25,729 | -85.0% |
| Total equity and liabilities | 10/49 | €259,668 | €219,136 | -€40,533 | -15.6% |
| Equity | 10/15 | €161,691 | €154,673 | -€7,017 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,760 | €135,777 | -€15,984 | -10.5% |
| Tax-exempt reserves | 132 | - | €17 | +€17 | |
| Distributable reserves | 133 | €151,760 | €135,760 | -€16,000 | -10.5% |
| Profit (loss) carried forward | 14 | -€8,669 | €297 | +€8,966 | |
| Amounts payable | 17/49 | €97,978 | €64,463 | -€33,515 | -34.2% |
| Amounts payable within one year | 42/48 | €97,978 | €64,075 | -€33,902 | -34.6% |
| Trade debts | 44 | €31,957 | €12,474 | -€19,483 | -61.0% |
| Suppliers | 440/4 | €31,957 | €12,474 | -€19,483 | -61.0% |
| Taxes, remuneration and social security | 45 | €45,021 | €35,301 | -€9,719 | -21.6% |
| Taxes | 450/3 | €45,021 | €35,301 | -€9,719 | -21.6% |
| Other amounts payable | 47/48 | €21,000 | €16,300 | -€4,700 | -22.4% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €21,739 | +€18,817 | +644.0% |
| Other operating charges | 640/8 | €4,090 | €8,515 | +€4,425 | +108.2% |
| Gross operating margin | 9900 | -€8,316 | €58,597 | +€66,913 | |
| Operating profit (loss) | 9901 | -€15,328 | €28,344 | +€43,672 | |
| Financial income | 75/76B | €5,653 | €1,872 | -€3,781 | -66.9% |
| Recurring financial income | 75 | €5,653 | €1,872 | -€3,781 | -66.9% |
| Financial charges | 65/66B | €2,272 | €4,538 | +€2,266 | +99.8% |
| Recurring financial charges | 65 | €2,272 | €4,538 | +€2,266 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,947 | €25,678 | +€37,624 | |
| Transfer to deferred taxes | 680 | - | €17 | +€17 | |
| Income taxes | 67/77 | €757 | €16,695 | +€15,938 | +2105.2% |
| Profit (loss) for the period | 9904 | -€12,704 | €8,966 | +€21,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,704 | €8,966 | +€21,670 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.