IREM: what changed
IREM
Largest movements
- Receivables within one year -€9,918
down €9,918 (-95.2%), from €10,423 to €505
- Stocks and contracts +€3,651
up €3,651 (+276%), from €1,322 to €4,973
- Cash -€2,304
down €2,304 (-35.9%), from €6,420 to €4,116
mainly Other debts (-€24,983) and Stocks and contracts (-€3,651)
- Tangible fixed assets +€656
up €656 (+8.6%), from €7,597 to €8,253
of which Furniture and vehicles: +€2,822
- Other debts -€24,983
down €24,983 (-78.8%), from €31,696 to €6,713
- Profit (loss) carried forward +€12,536
up €12,536 (+45.4%), from -€27,616 to -€15,080
- Tax, wage and social debts +€2,046
up €2,046 (+86.1%), from €2,375 to €4,421
of which Taxes: +€2,174
- Trade debts +€1,193
up €1,193 (+92.6%), from €1,289 to €2,482
- Debts after one year +€1,150
up €1,150 (+20.9%), from €5,500 to €6,650
- Gross operating margin +€8,910
up €8,910 (+55.3%), from €16,098 to €25,007
- Taxes +€3,720
new in 2025: €3,720
- Other operating charges +€2,830
up €2,830 (+498%), from €568 to €3,398
- Staff costs -€2,181
down €2,181 (-70.7%), from €3,083 to €902
- Financial charges +€1,507
new in 2025: €1,507
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,843 | €23,786 | -€8,057 | -25.3% |
| Fixed assets | 21/28 | €10,597 | €11,253 | +€656 | +6.2% |
| Tangible fixed assets | 22/27 | €7,597 | €8,253 | +€656 | +8.6% |
| Plant, machinery and equipment | 23 | €7,030 | €5,431 | -€1,599 | -22.7% |
| Furniture and vehicles | 24 | - | €2,822 | +€2,822 | |
| Other tangible fixed assets | 26 | €567 | - | -€567 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €21,246 | €12,533 | -€8,714 | -41.0% |
| Stocks and contracts in progress | 3 | €1,322 | €4,973 | +€3,651 | +276% |
| Stocks | 30/36 | €1,322 | €4,973 | +€3,651 | +276% |
| Amounts receivable within one year | 40/41 | €10,423 | €505 | -€9,918 | -95.2% |
| Trade receivables | 40 | €10,423 | €505 | -€9,918 | -95.2% |
| Cash at bank and in hand | 54/58 | €6,420 | €4,116 | -€2,304 | -35.9% |
| Deferred charges and accrued income | 490/1 | €3,081 | €2,940 | -€142 | -4.6% |
| Total equity and liabilities | 10/49 | €31,843 | €23,786 | -€8,057 | -25.3% |
| Equity | 10/15 | -€9,016 | €3,520 | +€12,536 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,616 | -€15,080 | +€12,536 | +45.4% |
| Amounts payable | 17/49 | €40,860 | €20,266 | -€20,594 | -50.4% |
| Amounts payable after more than one year | 17 | €5,500 | €6,650 | +€1,150 | +20.9% |
| Other amounts payable | 178/9 | €5,500 | €6,650 | +€1,150 | +20.9% |
| Amounts payable within one year | 42/48 | €35,360 | €13,616 | -€21,744 | -61.5% |
| Trade debts | 44 | €1,289 | €2,482 | +€1,193 | +92.6% |
| Suppliers | 440/4 | €1,289 | €2,482 | +€1,193 | +92.6% |
| Taxes, remuneration and social security | 45 | €2,375 | €4,421 | +€2,046 | +86.1% |
| Taxes | 450/3 | €2,247 | €4,421 | +€2,174 | +96.8% |
| Remuneration and social security | 454/9 | €128 | - | -€128 | |
| Other amounts payable | 47/48 | €31,696 | €6,713 | -€24,983 | -78.8% |
| Remuneration, social security and pensions | 62 | €3,083 | €902 | -€2,181 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €2,944 | +€1,408 | +91.6% |
| Other operating charges | 640/8 | €568 | €3,398 | +€2,830 | +498% |
| Gross operating margin | 9900 | €16,098 | €25,007 | +€8,910 | +55.3% |
| Operating profit (loss) | 9901 | €10,910 | €17,764 | +€6,853 | +62.8% |
| Financial charges | 65/66B | - | €1,507 | +€1,507 | |
| Recurring financial charges | 65 | - | €1,507 | +€1,507 | |
| Profit (loss) for the period before taxes | 9903 | €10,910 | €16,257 | +€5,346 | +49.0% |
| Income taxes | 67/77 | - | €3,720 | +€3,720 | |
| Profit (loss) for the period | 9904 | €10,910 | €12,536 | +€1,626 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,910 | €12,536 | +€1,626 | +14.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.