BN INFI+: 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.
BN INFI+
Largest movements
- Receivables after one year +€76,644
new in 2025: €76,644
- Receivables within one year -€30,479
down €30,479 (-99.4%), from €30,660 to €181
of which Other amounts receivable: -€30,660
- Cash -€18,171
down €18,171 (-72.0%), from €25,231 to €7,060
mainly Receivables after one year (-€76,644) and Other debts (-€17,415)
- Tangible fixed assets -€5,601
down €5,601 (-54.5%), from €10,277 to €4,676
- Reserves +€25,377
up €25,377 (+61.0%), from €41,623 to €67,000
- Other debts -€17,415
down €17,415 (-87.7%), from €19,864 to €2,449
- Current portion of long-term debt +€11,091
up €11,091 (+282%), from €3,927 to €15,018
- Debts after one year +€10,636
up €10,636 (+456%), from €2,334 to €12,970
- Tax, wage and social debts -€7,982
down €7,982 (-97.8%), from €8,161 to €179
- Financial income +€1,947
up €1,947 (+158%), from €1,230 to €3,177
- Gross operating margin -€961
down €961 (-2.5%), from €37,935 to €36,974
- Financial charges +€691
up €691 (+128%), from €540 to €1,231
of which Financial charges: +€938
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 | €78,469 | €100,372 | +€21,904 | +27.9% |
| Fixed assets | 21/28 | €10,277 | €4,676 | -€5,601 | -54.5% |
| Tangible fixed assets | 22/27 | €10,277 | €4,676 | -€5,601 | -54.5% |
| Furniture and vehicles | 24 | €10,277 | €4,676 | -€5,601 | -54.5% |
| Current assets | 29/58 | €68,191 | €95,696 | +€27,505 | +40.3% |
| Amounts receivable after more than one year | 29 | - | €76,644 | +€76,644 | |
| Other amounts receivable | 291 | - | €76,644 | +€76,644 | |
| Amounts receivable within one year | 40/41 | €30,660 | €181 | -€30,479 | -99.4% |
| Trade receivables | 40 | - | €181 | +€181 | |
| Other amounts receivable | 41 | €30,660 | - | -€30,660 | |
| Cash at bank and in hand | 54/58 | €25,231 | €7,060 | -€18,171 | -72.0% |
| Deferred charges and accrued income | 490/1 | €12,300 | €11,811 | -€489 | -4.0% |
| Total equity and liabilities | 10/49 | €78,469 | €100,372 | +€21,904 | +27.9% |
| Equity | 10/15 | €44,123 | €69,500 | +€25,377 | +57.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €41,623 | €67,000 | +€25,377 | +61.0% |
| Distributable reserves | 133 | €41,623 | €67,000 | +€25,377 | +61.0% |
| Amounts payable | 17/49 | €34,346 | €30,872 | -€3,474 | -10.1% |
| Amounts payable after more than one year | 17 | €2,334 | €12,970 | +€10,636 | +456% |
| Financial debts | 170/4 | €2,334 | €12,970 | +€10,636 | +456% |
| Amounts payable within one year | 42/48 | €32,012 | €17,902 | -€14,110 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €3,927 | €15,018 | +€11,091 | +282% |
| Trade debts | 44 | €60 | €256 | +€196 | +327% |
| Suppliers | 440/4 | €60 | €256 | +€196 | +327% |
| Taxes, remuneration and social security | 45 | €8,161 | €179 | -€7,982 | -97.8% |
| Taxes | 450/3 | €8,161 | €179 | -€7,982 | -97.8% |
| Other amounts payable | 47/48 | €19,864 | €2,449 | -€17,415 | -87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,601 | €5,601 | = | 0.0% |
| Gross operating margin | 9900 | €37,935 | €36,974 | -€961 | -2.5% |
| Operating profit (loss) | 9901 | €32,334 | €31,373 | -€961 | -3.0% |
| Financial income | 75/76B | €1,230 | €3,177 | +€1,947 | +158% |
| Recurring financial income | 75 | €1,230 | €3,177 | +€1,947 | +158% |
| Financial charges | 65/66B | €540 | €1,231 | +€691 | +128% |
| Recurring financial charges | 65 | €293 | €1,231 | +€938 | +320% |
| Non-recurring financial charges | 66B | €248 | - | -€248 | |
| Profit (loss) for the period before taxes | 9903 | €33,024 | €33,319 | +€295 | +0.9% |
| Income taxes | 67/77 | €8,194 | €7,942 | -€252 | -3.1% |
| Profit (loss) for the period | 9904 | €24,830 | €25,377 | +€547 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,830 | €25,377 | +€547 | +2.2% |
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 15 October 2026 via checked.be.