IRYS: 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.
IRYS
Largest movements
- Cash +€29,459
up €29,459 (+1478.2%), from €1,993 to €31,452
mainly Net result for the year (+€51,302) and Receivables within one year (+€26,090)
- Receivables within one year -€26,090
down €26,090 (-58.3%), from €44,764 to €18,674
of which Trade receivables: -€24,800
- Tangible fixed assets -€15,901
down €15,901 (-20.2%), from €78,624 to €62,723
of which Furniture and vehicles: -€9,850
- Reserves -€26,001
down €26,001 (-31.6%), from €82,301 to €56,300
- Tax, wage and social debts +€20,695
up €20,695 (+1881.4%), from €1,100 to €21,795
of which Taxes: +€20,330
- Debts after one year -€11,105
down €11,105 (-77.7%), from €14,297 to €3,192
- Other debts +€7,151
new in 2025: €7,151
- Current portion of long-term debt -€4,586
down €4,586 (-29.2%), from €15,691 to €11,105
- Depreciation -€29,459
down €29,459 (-59.8%), from €49,282 to €19,823
- Taxes +€20,354
up €20,354 (+1853.5%), from €1,098 to €21,452
- Gross operating margin +€14,222
up €14,222 (+16.9%), from €83,956 to €98,178
- Other operating charges -€2,182
down €2,182 (-32.5%), from €6,713 to €4,532
- Financial charges -€1,124
down €1,124 (-51.2%), from €2,193 to €1,069
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 | €128,054 | €115,625 | -€12,428 | -9.7% |
| Fixed assets | 21/28 | €78,996 | €63,094 | -€15,901 | -20.1% |
| Tangible fixed assets | 22/27 | €78,624 | €62,723 | -€15,901 | -20.2% |
| Land and buildings | 22 | €51,876 | €45,825 | -€6,051 | -11.7% |
| Furniture and vehicles | 24 | €26,748 | €16,898 | -€9,850 | -36.8% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €49,058 | €52,531 | +€3,473 | +7.1% |
| Amounts receivable within one year | 40/41 | €44,764 | €18,674 | -€26,090 | -58.3% |
| Trade receivables | 40 | €42,160 | €17,360 | -€24,800 | -58.8% |
| Other amounts receivable | 41 | €2,604 | €1,314 | -€1,290 | -49.5% |
| Cash at bank and in hand | 54/58 | €1,993 | €31,452 | +€29,459 | +1478.2% |
| Deferred charges and accrued income | 490/1 | €2,301 | €2,405 | +€104 | +4.5% |
| Total equity and liabilities | 10/49 | €128,054 | €115,625 | -€12,428 | -9.7% |
| Equity | 10/15 | €94,779 | €68,780 | -€25,999 | -27.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,301 | €56,300 | -€26,001 | -31.6% |
| Distributable reserves | 133 | €82,301 | €56,300 | -€26,001 | -31.6% |
| Profit (loss) carried forward | 14 | €78 | €80 | +€2 | +2.5% |
| Amounts payable | 17/49 | €33,274 | €46,845 | +€13,571 | +40.8% |
| Amounts payable after more than one year | 17 | €14,297 | €3,192 | -€11,105 | -77.7% |
| Financial debts | 170/4 | €14,297 | €3,192 | -€11,105 | -77.7% |
| Amounts payable within one year | 42/48 | €18,977 | €43,653 | +€24,676 | +130.0% |
| Current portion of amounts payable after more than one year | 42 | €15,691 | €11,105 | -€4,586 | -29.2% |
| Trade debts | 44 | €2,186 | €3,602 | +€1,416 | +64.8% |
| Suppliers | 440/4 | €2,186 | €3,602 | +€1,416 | +64.8% |
| Taxes, remuneration and social security | 45 | €1,100 | €21,795 | +€20,695 | +1881.4% |
| Taxes | 450/3 | €1,100 | €21,430 | +€20,330 | +1848.2% |
| Remuneration and social security | 454/9 | - | €365 | +€365 | |
| Other amounts payable | 47/48 | - | €7,151 | +€7,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,282 | €19,823 | -€29,459 | -59.8% |
| Other operating charges | 640/8 | €6,713 | €4,532 | -€2,182 | -32.5% |
| Gross operating margin | 9900 | €83,956 | €98,178 | +€14,222 | +16.9% |
| Operating profit (loss) | 9901 | €27,961 | €73,824 | +€45,863 | +164.0% |
| Financial income | 75/76B | €44 | - | -€44 | |
| Recurring financial income | 75 | €44 | - | -€44 | |
| Financial charges | 65/66B | €2,193 | €1,069 | -€1,124 | -51.2% |
| Recurring financial charges | 65 | €2,193 | €1,069 | -€1,124 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €25,811 | €72,754 | +€46,943 | +181.9% |
| Transfer from deferred taxes | 780 | €2,748 | - | -€2,748 | |
| Income taxes | 67/77 | €1,098 | €21,452 | +€20,354 | +1853.5% |
| Profit (loss) for the period | 9904 | €27,461 | €51,302 | +€23,841 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,461 | €51,302 | +€23,841 | +86.8% |
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.