IURIS-LINK: 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.
IURIS-LINK
Largest movements
- Receivables within one year -€533,463
down €533,463 (-43.4%), from €1.2m to €695,455
of which Trade receivables: -€532,094
- Deferred charges and accrued income -€487,521
down €487,521 (-87.4%), from €558,104 to €70,583
- Cash -€117,818
down €117,818 (-5.4%), from €2.2m to €2.0m
mainly Other debts (-€1.3m) and Trade debts (-€332,530)
- Other debts -€1.3m
down €1.3m (-66.8%), from €2.0m to €666,938
- Trade debts -€332,530
down €332,530 (-40.2%), from €827,151 to €494,621
- Current portion of long-term debt +€211,897
up €211,897 (+111%), from €190,331 to €402,228
- Profit (loss) carried forward +€182,088
up €182,088 (+17.0%), from -€1.1m to -€887,817
- Tax, wage and social debts +€113,174
up €113,174 (+164%), from €69,010 to €182,184
of which Taxes: +€97,808
- Gross operating margin +€144,114
up €144,114 (+14.5%), from €994,424 to €1.1m
- Depreciation -€19,796
down €19,796 (-25.4%), from €77,874 to €58,078
- Staff costs +€18,020
up €18,020 (+2.2%), from €833,961 to €851,982
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 | €4,456,846 | €3,264,963 | -€1.2m | -26.7% |
| Fixed assets | 21/28 | €503,595 | €450,514 | -€53,081 | -10.5% |
| Intangible fixed assets | 21 | €33,178 | €10,629 | -€22,549 | -68.0% |
| Tangible fixed assets | 22/27 | €470,417 | €439,885 | -€30,532 | -6.5% |
| Land and buildings | 22 | €459,514 | €437,232 | -€22,283 | -4.8% |
| Furniture and vehicles | 24 | €10,903 | €2,654 | -€8,249 | -75.7% |
| Current assets | 29/58 | €3,953,251 | €2,814,448 | -€1.1m | -28.8% |
| Amounts receivable within one year | 40/41 | €1,228,919 | €695,455 | -€533,463 | -43.4% |
| Trade receivables | 40 | €1,226,846 | €694,752 | -€532,094 | -43.4% |
| Other amounts receivable | 41 | €2,072 | €703 | -€1,369 | -66.1% |
| Cash at bank and in hand | 54/58 | €2,166,228 | €2,048,410 | -€117,818 | -5.4% |
| Deferred charges and accrued income | 490/1 | €558,104 | €70,583 | -€487,521 | -87.4% |
| Total equity and liabilities | 10/49 | €4,456,846 | €3,264,963 | -€1.2m | -26.7% |
| Equity | 10/15 | €666,004 | €848,091 | +€182,088 | +27.3% |
| Contributions | 10/11 | €1,597,255 | €1,597,255 | = | 0.0% |
| Capital | 10 | €1,496,193 | €1,496,193 | = | 0.0% |
| Issued capital | 100 | €1,496,193 | €1,496,193 | = | 0.0% |
| Contributions outside capital | 11 | €101,063 | €101,063 | = | 0.0% |
| Share premium | 1100/10 | €101,063 | €101,063 | = | 0.0% |
| Revaluation surpluses | 12 | €59,857 | €59,857 | = | 0.0% |
| Reserves | 13 | €78,797 | €78,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,847 | €40,847 | = | 0.0% |
| Legal reserve | 130 | €40,847 | €40,847 | = | 0.0% |
| Distributable reserves | 133 | €37,950 | €37,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,069,905 | -€887,817 | +€182,088 | +17.0% |
| Amounts payable | 17/49 | €3,790,842 | €2,416,871 | -€1.4m | -36.2% |
| Amounts payable within one year | 42/48 | €3,396,609 | €1,945,972 | -€1.5m | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €190,331 | €402,228 | +€211,897 | +111% |
| Financial debts | 43 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Credit institutions | 430/8 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Trade debts | 44 | €827,151 | €494,621 | -€332,530 | -40.2% |
| Suppliers | 440/4 | €827,151 | €494,621 | -€332,530 | -40.2% |
| Taxes, remuneration and social security | 45 | €69,010 | €182,184 | +€113,174 | +164% |
| Taxes | 450/3 | €929 | €98,737 | +€97,808 | +10,531% |
| Remuneration and social security | 454/9 | €68,081 | €83,447 | +€15,366 | +22.6% |
| Other amounts payable | 47/48 | €2,010,116 | €666,938 | -€1.3m | -66.8% |
| Accrued charges and deferred income | 492/3 | €394,234 | €470,900 | +€76,666 | +19.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €833,961 | €851,982 | +€18,020 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,874 | €58,078 | -€19,796 | -25.4% |
| Other operating charges | 640/8 | €42,701 | €43,342 | +€641 | +1.5% |
| Gross operating margin | 9900 | €994,424 | €1,138,538 | +€144,114 | +14.5% |
| Operating profit (loss) | 9901 | €39,888 | €185,136 | +€145,248 | +364% |
| Financial income | 75/76B | €0 | €8,674 | +€8,674 | |
| Recurring financial income | 75 | €0 | €8,674 | +€8,674 | |
| Financial charges | 65/66B | €17,842 | €15,389 | -€2,454 | -13.8% |
| Recurring financial charges | 65 | €17,842 | €15,389 | -€2,454 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €22,046 | €178,422 | +€156,376 | +709% |
| Income taxes | 67/77 | €929 | -€3,666 | -€4,595 | |
| Profit (loss) for the period | 9904 | €21,117 | €182,088 | +€160,971 | +762% |
| Profit (loss) for the period to be appropriated | 9905 | €21,117 | €182,088 | +€160,971 | +762% |
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 17 October 2026 via checked.be.