Iurex: 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.
Iurex
Largest movements
- Receivables within one year +€201,479
new in 2025: €201,479
- Cash +€111,739
up €111,739 (+161.3%), from €69,291 to €181,029
mainly Net result for the year (+€226,441) and Tax, wage and social debts (+€105,055)
- Reserves +€226,441
up €226,441 (+471.2%), from €48,060 to €274,501
- Tax, wage and social debts +€105,055
up €105,055 (+390.3%), from €26,917 to €131,971
- Debts after one year -€24,521
down €24,521 (-12.9%), from €190,659 to €166,138
of which Financial debts: -€15,258
- Accrued charges and deferred income +€6,622
new in 2025: €6,622
- Gross operating margin +€248,701
up €248,701 (+378.0%), from €65,800 to €314,501
- Taxes +€60,144
up €60,144 (+369.8%), from €16,266 to €76,410
- Financial charges +€10,041
up €10,041 (+733.7%), from €1,369 to €11,410
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 | €284,291 | €600,022 | +€315,732 | +111.1% |
| Fixed assets | 21/28 | €215,000 | €217,250 | +€2,250 | +1.0% |
| Tangible fixed assets | 22/27 | - | €2,250 | +€2,250 | |
| Plant, machinery and equipment | 23 | - | €2,250 | +€2,250 | |
| Financial fixed assets | 28 | €215,000 | €215,000 | = | 0.0% |
| Current assets | 29/58 | €69,291 | €382,772 | +€313,482 | +452.4% |
| Amounts receivable within one year | 40/41 | - | €201,479 | +€201,479 | |
| Trade receivables | 40 | - | €201,479 | +€201,479 | |
| Cash at bank and in hand | 54/58 | €69,291 | €181,029 | +€111,739 | +161.3% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €284,291 | €600,022 | +€315,732 | +111.1% |
| Equity | 10/15 | €52,060 | €278,501 | +€226,441 | +435.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €48,060 | €274,501 | +€226,441 | +471.2% |
| Distributable reserves | 133 | €48,060 | €274,501 | +€226,441 | +471.2% |
| Amounts payable | 17/49 | €232,231 | €321,521 | +€89,291 | +38.4% |
| Amounts payable after more than one year | 17 | €190,659 | €166,138 | -€24,521 | -12.9% |
| Financial debts | 170/4 | €96,774 | €81,517 | -€15,258 | -15.8% |
| Other amounts payable | 178/9 | €93,885 | €84,621 | -€9,263 | -9.9% |
| Amounts payable within one year | 42/48 | €41,572 | €148,762 | +€107,190 | +257.8% |
| Current portion of amounts payable after more than one year | 42 | €14,654 | €15,258 | +€604 | +4.1% |
| Trade debts | 44 | €2 | €1,533 | +€1,531 | +102095.3% |
| Suppliers | 440/4 | €2 | €1,533 | +€1,531 | +102095.3% |
| Taxes, remuneration and social security | 45 | €26,917 | €131,971 | +€105,055 | +390.3% |
| Taxes | 450/3 | €26,917 | €131,971 | +€105,055 | +390.3% |
| Accrued charges and deferred income | 492/3 | - | €6,622 | +€6,622 | |
| Other operating charges | 640/8 | €106 | €495 | +€389 | +369.0% |
| Gross operating margin | 9900 | €65,800 | €314,501 | +€248,701 | +378.0% |
| Operating profit (loss) | 9901 | €65,694 | €314,006 | +€248,312 | +378.0% |
| Financial income | 75/76B | - | €255 | +€255 | |
| Recurring financial income | 75 | - | €255 | +€255 | |
| Financial charges | 65/66B | €1,369 | €11,410 | +€10,041 | +733.7% |
| Recurring financial charges | 65 | €1,369 | €11,410 | +€10,041 | +733.7% |
| Profit (loss) for the period before taxes | 9903 | €64,326 | €302,851 | +€238,526 | +370.8% |
| Income taxes | 67/77 | €16,266 | €76,410 | +€60,144 | +369.8% |
| Profit (loss) for the period | 9904 | €48,060 | €226,441 | +€178,381 | +371.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,060 | €226,441 | +€178,381 | +371.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.