AD INFINITUM BI: 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.
AD INFINITUM BI
Largest movements
- Tangible fixed assets -€34,448
down €34,448 (-10.7%), from €323,431 to €288,984
- Cash -€14,083
down €14,083 (-30.3%), from €46,509 to €32,426
mainly Debts after one year (-€57,421) and Net result for the year (-€5,792)
- Debts after one year -€57,421
down €57,421 (-47.3%), from €121,417 to €63,996
- Other debts +€13,903
up €13,903 (+158%), from €8,782 to €22,685
- Profit (loss) carried forward -€5,792
down €5,792 (-9.8%), from -€59,262 to -€65,054
- Current portion of long-term debt +€4,220
up €4,220 (+6.3%), from €66,581 to €70,801
- Gross operating margin -€24,399
down €24,399 (-40.1%), from €60,802 to €36,402
- Taxes -€1,629
down €1,629 (-71.2%), from €2,289 to €660
- Financial charges -€767
down €767 (-17.8%), from €4,318 to €3,551
- Other operating charges +€671
up €671 (+23.4%), from €2,871 to €3,542
- Depreciation +€649
up €649 (+1.9%), from €33,799 to €34,448
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 | €372,773 | €324,245 | -€48,528 | -13.0% |
| Fixed assets | 21/28 | €323,656 | €289,209 | -€34,448 | -10.6% |
| Tangible fixed assets | 22/27 | €323,431 | €288,984 | -€34,448 | -10.7% |
| Land and buildings | 22 | €237,747 | €220,973 | -€16,774 | -7.1% |
| Plant, machinery and equipment | 23 | €48,174 | €40,281 | -€7,892 | -16.4% |
| Furniture and vehicles | 24 | €332 | €264 | -€68 | -20.4% |
| Leasing and similar rights | 25 | €37,179 | €27,465 | -€9,714 | -26.1% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €49,117 | €35,036 | -€14,080 | -28.7% |
| Cash at bank and in hand | 54/58 | €46,509 | €32,426 | -€14,083 | -30.3% |
| Deferred charges and accrued income | 490/1 | €2,607 | €2,610 | +€3 | +0.1% |
| Total equity and liabilities | 10/49 | €372,773 | €324,245 | -€48,528 | -13.0% |
| Equity | 10/15 | €165,653 | €159,861 | -€5,792 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,315 | €206,315 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,517 | €2,517 | = | 0.0% |
| Distributable reserves | 133 | €203,798 | €203,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,262 | -€65,054 | -€5,792 | -9.8% |
| Amounts payable | 17/49 | €207,120 | €164,384 | -€42,736 | -20.6% |
| Amounts payable after more than one year | 17 | €121,417 | €63,996 | -€57,421 | -47.3% |
| Financial debts | 170/4 | €121,417 | €63,996 | -€57,421 | -47.3% |
| Amounts payable within one year | 42/48 | €85,356 | €100,040 | +€14,684 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €66,581 | €70,801 | +€4,220 | +6.3% |
| Trade debts | 44 | €3,412 | €1,155 | -€2,257 | -66.1% |
| Suppliers | 440/4 | €3,412 | €1,155 | -€2,257 | -66.1% |
| Taxes, remuneration and social security | 45 | €6,582 | €5,400 | -€1,182 | -18.0% |
| Taxes | 450/3 | €5,832 | €5,400 | -€432 | -7.4% |
| Remuneration and social security | 454/9 | €750 | - | -€750 | |
| Other amounts payable | 47/48 | €8,782 | €22,685 | +€13,903 | +158% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,799 | €34,448 | +€649 | +1.9% |
| Other operating charges | 640/8 | €2,871 | €3,542 | +€671 | +23.4% |
| Gross operating margin | 9900 | €60,802 | €36,402 | -€24,399 | -40.1% |
| Operating profit (loss) | 9901 | €24,132 | -€1,587 | -€25,719 | |
| Financial income | 75/76B | €15 | €6 | -€9 | -60.0% |
| Recurring financial income | 75 | €15 | €6 | -€9 | -60.0% |
| Financial charges | 65/66B | €4,318 | €3,551 | -€767 | -17.8% |
| Recurring financial charges | 65 | €4,318 | €3,551 | -€767 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €19,829 | -€5,132 | -€24,961 | |
| Income taxes | 67/77 | €2,289 | €660 | -€1,629 | -71.2% |
| Profit (loss) for the period | 9904 | €17,541 | -€5,792 | -€23,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,541 | -€5,792 | -€23,333 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.