VANSTEENKISTE IRIS: 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.
VANSTEENKISTE IRIS
Largest movements
- Intangible fixed assets -€60,000
down €60,000 (-24.5%), from €245,000 to €185,000
- Debts after one year -€61,057
down €61,057 (-28.3%), from €216,098 to €155,041
- Other debts +€12,486
up €12,486 (+34.9%), from €35,827 to €48,313
- Profit (loss) carried forward -€6,242
down €6,242 (-4.3%), from -€145,410 to -€151,652
- Trade debts -€6,157
down €6,157 (-95.2%), from €6,466 to €309
- Gross operating margin +€38,980
up €38,980 (+228%), from €17,127 to €56,108
- Financial charges -€609
down €609 (-20.6%), from €2,959 to €2,350
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 | €255,557 | €195,128 | -€60,430 | -23.6% |
| Fixed assets | 21/28 | €245,030 | €185,030 | -€60,000 | -24.5% |
| Intangible fixed assets | 21 | €245,000 | €185,000 | -€60,000 | -24.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €10,527 | €10,098 | -€430 | -4.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,412 | €9,130 | -€1,281 | -12.3% |
| Deferred charges and accrued income | 490/1 | €116 | €968 | +€852 | +735% |
| Total equity and liabilities | 10/49 | €255,557 | €195,128 | -€60,430 | -23.6% |
| Equity | 10/15 | -€63,351 | -€69,593 | -€6,242 | -9.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,659 | €69,659 | = | 0.0% |
| Distributable reserves | 133 | €69,659 | €69,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,410 | -€151,652 | -€6,242 | -4.3% |
| Amounts payable | 17/49 | €318,908 | €264,721 | -€54,187 | -17.0% |
| Amounts payable after more than one year | 17 | €216,098 | €155,041 | -€61,057 | -28.3% |
| Financial debts | 170/4 | €216,098 | €155,041 | -€61,057 | -28.3% |
| Amounts payable within one year | 42/48 | €102,810 | €109,680 | +€6,870 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €60,516 | €61,057 | +€541 | +0.9% |
| Trade debts | 44 | €6,466 | €309 | -€6,157 | -95.2% |
| Suppliers | 440/4 | €6,466 | €309 | -€6,157 | -95.2% |
| Other amounts payable | 47/48 | €35,827 | €48,313 | +€12,486 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,000 | €60,000 | = | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €17,127 | €56,108 | +€38,980 | +228% |
| Operating profit (loss) | 9901 | -€42,873 | -€3,892 | +€38,980 | +90.9% |
| Financial charges | 65/66B | €2,959 | €2,350 | -€609 | -20.6% |
| Recurring financial charges | 65 | €2,959 | €2,350 | -€609 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€45,832 | -€6,242 | +€39,589 | +86.4% |
| Profit (loss) for the period | 9904 | -€45,832 | -€6,242 | +€39,589 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,832 | -€6,242 | +€39,589 | +86.4% |
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 26 October 2026 via checked.be.