2 INFINITY AND BEYOND: 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.
2 INFINITY AND BEYOND
Largest movements
- Tangible fixed assets +€442,470
up €442,470 (+656%), from €67,410 to €509,880
of which Land and buildings: +€453,989
- Other debts +€426,067
up €426,067 (+1,269%), from €33,576 to €459,643
- Trade debts +€22,020
up €22,020 (+306%), from €7,198 to €29,218
- Accrued charges and deferred income -€14,218
no longer reported in 2025 (was €14,218)
- Tax, wage and social debts +€9,722
up €9,722 (+338%), from €2,876 to €12,598
of which Remuneration and social security: +€10,148
- Depreciation +€7,933
up €7,933 (+124%), from €6,403 to €14,336
- Gross operating margin +€2,684
up €2,684 (+16.5%), from €16,294 to €18,978
- Other operating charges -€1,237
down €1,237 (-68.5%), from €1,806 to €570
- Taxes -€1,001
down €1,001 (-34.8%), from €2,876 to €1,875
- Financial charges -€223
down €223 (-77.4%), from €288 to €65
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 | €70,800 | €511,747 | +€440,947 | +623% |
| Fixed assets | 21/28 | €67,773 | €510,243 | +€442,470 | +653% |
| Tangible fixed assets | 22/27 | €67,410 | €509,880 | +€442,470 | +656% |
| Land and buildings | 22 | €15,455 | €469,444 | +€453,989 | +2,937% |
| Furniture and vehicles | 24 | €51,955 | €40,436 | -€11,519 | -22.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €3,027 | €1,504 | -€1,523 | -50.3% |
| Amounts receivable within one year | 40/41 | €2,957 | €302 | -€2,655 | -89.8% |
| Other amounts receivable | 41 | €2,957 | €302 | -€2,655 | -89.8% |
| Cash at bank and in hand | 54/58 | €46 | €1,202 | +€1,157 | +2,525% |
| Deferred charges and accrued income | 490/1 | €24 | - | -€24 | |
| Total equity and liabilities | 10/49 | €70,800 | €511,747 | +€440,947 | +623% |
| Equity | 10/15 | €6,920 | €9,051 | +€2,131 | +30.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,920 | €7,051 | +€2,131 | +43.3% |
| Amounts payable | 17/49 | €63,879 | €502,696 | +€438,816 | +687% |
| Amounts payable within one year | 42/48 | €49,661 | €502,696 | +€453,034 | +912% |
| Trade debts | 44 | €7,198 | €29,218 | +€22,020 | +306% |
| Suppliers | 440/4 | €7,198 | €29,218 | +€22,020 | +306% |
| Advances received on contracts in progress | 46 | €6,011 | €1,236 | -€4,775 | -79.4% |
| Taxes, remuneration and social security | 45 | €2,876 | €12,598 | +€9,722 | +338% |
| Taxes | 450/3 | €2,876 | €2,450 | -€426 | -14.8% |
| Remuneration and social security | 454/9 | - | €10,148 | +€10,148 | |
| Other amounts payable | 47/48 | €33,576 | €459,643 | +€426,067 | +1,269% |
| Accrued charges and deferred income | 492/3 | €14,218 | - | -€14,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,403 | €14,336 | +€7,933 | +124% |
| Other operating charges | 640/8 | €1,806 | €570 | -€1,237 | -68.5% |
| Gross operating margin | 9900 | €16,294 | €18,978 | +€2,684 | +16.5% |
| Operating profit (loss) | 9901 | €8,085 | €4,072 | -€4,013 | -49.6% |
| Financial charges | 65/66B | €288 | €65 | -€223 | -77.4% |
| Recurring financial charges | 65 | €288 | €65 | -€223 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €7,796 | €4,006 | -€3,790 | -48.6% |
| Income taxes | 67/77 | €2,876 | €1,875 | -€1,001 | -34.8% |
| Profit (loss) for the period | 9904 | €4,920 | €2,131 | -€2,789 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,920 | €2,131 | -€2,789 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.