AM Infi: what changed
Two fiscal 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.
AM Infi
Largest movements
- Receivables within one year -€34,501
down €34,501 (-40.2%), from €85,774 to €51,273
of which Other amounts receivable: -€26,984
- Tangible fixed assets +€9,317
up €9,317 (+1360.3%), from €685 to €10,002
of which Furniture and vehicles: +€9,577
- Cash -€945
no longer reported in 2025 (was €945)
mainly Contributions, distributions and other (-€29,900) and Other debts (-€14,323)
- Reserves -€29,900
no longer reported in 2025 (was €29,900)
- Other debts -€14,323
down €14,323 (-32.4%), from €44,223 to €29,900
- Trade debts +€8,615
up €8,615 (+154.0%), from €5,594 to €14,209
- Profit (loss) carried forward +€6,902
new in 2025: €6,902
- Tax, wage and social debts +€1,065
up €1,065 (+19.5%), from €5,474 to €6,540
- Gross operating margin -€11,812
down €11,812 (-54.2%), from €21,798 to €9,985
- Taxes -€3,042
down €3,042 (-55.6%), from €5,474 to €2,432
- Other operating charges +€1,348
up €1,348 (+114.9%), from €1,174 to €2,522
- Financial income +€686
up €686 (+17.1%), from €4,003 to €4,689
- Depreciation +€258
up €258 (+15.5%), from €1,663 to €1,921
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.
Cash bridge derived
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 | €93,191 | €66,150 | -€27,041 | -29.0% |
| Formation expenses | 20 | €1,706 | €848 | -€859 | -50.3% |
| Fixed assets | 21/28 | €685 | €10,002 | +€9,317 | +1360.3% |
| Tangible fixed assets | 22/27 | €685 | €10,002 | +€9,317 | +1360.3% |
| Plant, machinery and equipment | 23 | €519 | €259 | -€260 | -50.1% |
| Furniture and vehicles | 24 | €166 | €9,743 | +€9,577 | +5782.0% |
| Current assets | 29/58 | €90,800 | €55,300 | -€35,500 | -39.1% |
| Amounts receivable within one year | 40/41 | €85,774 | €51,273 | -€34,501 | -40.2% |
| Trade receivables | 40 | €9,420 | €1,902 | -€7,518 | -79.8% |
| Other amounts receivable | 41 | €76,354 | €49,370 | -€26,984 | -35.3% |
| Cash at bank and in hand | 54/58 | €945 | - | -€945 | |
| Deferred charges and accrued income | 490/1 | €4,081 | €4,028 | -€53 | -1.3% |
| Total equity and liabilities | 10/49 | €93,191 | €66,150 | -€27,041 | -29.0% |
| Equity | 10/15 | €37,900 | €14,902 | -€22,998 | -60.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €29,900 | - | -€29,900 | |
| Distributable reserves | 133 | €29,900 | - | -€29,900 | |
| Profit (loss) carried forward | 14 | - | €6,902 | +€6,902 | |
| Amounts payable | 17/49 | €55,291 | €51,248 | -€4,043 | -7.3% |
| Amounts payable within one year | 42/48 | €55,291 | €51,248 | -€4,043 | -7.3% |
| Financial debts | 43 | - | €599 | +€599 | |
| Credit institutions | 430/8 | - | €599 | +€599 | |
| Trade debts | 44 | €5,594 | €14,209 | +€8,615 | +154.0% |
| Suppliers | 440/4 | €5,594 | €14,209 | +€8,615 | +154.0% |
| Taxes, remuneration and social security | 45 | €5,474 | €6,540 | +€1,065 | +19.5% |
| Taxes | 450/3 | €5,474 | €6,540 | +€1,065 | +19.5% |
| Other amounts payable | 47/48 | €44,223 | €29,900 | -€14,323 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €1,921 | +€258 | +15.5% |
| Other operating charges | 640/8 | €1,174 | €2,522 | +€1,348 | +114.9% |
| Gross operating margin | 9900 | €21,798 | €9,985 | -€11,812 | -54.2% |
| Operating profit (loss) | 9901 | €18,960 | €5,542 | -€13,418 | -70.8% |
| Financial income | 75/76B | €4,003 | €4,689 | +€686 | +17.1% |
| Recurring financial income | 75 | €4,003 | €4,689 | +€686 | +17.1% |
| Financial charges | 65/66B | €817 | €896 | +€79 | +9.7% |
| Recurring financial charges | 65 | €817 | €896 | +€79 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €22,146 | €9,334 | -€12,812 | -57.9% |
| Income taxes | 67/77 | €5,474 | €2,432 | -€3,042 | -55.6% |
| Profit (loss) for the period | 9904 | €16,672 | €6,902 | -€9,770 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,672 | €6,902 | -€9,770 | -58.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.