CL 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.
CL INFI
Largest movements
- Cash +€9,170
up €9,170 (+37.7%), from €24,310 to €33,480
mainly Net result for the year (+€46,951) and Depreciation (+€11,675)
- Receivables within one year +€5,789
up €5,789 (+31.1%), from €18,592 to €24,381
- Tangible fixed assets -€5,637
down €5,637 (-15.5%), from €36,338 to €30,701
of which Leasing and similar rights: -€9,675
- Deferred charges and accrued income -€2,174
down €2,174 (-73.7%), from €2,949 to €775
- Profit (loss) carried forward +€13,421
up €13,421 (+322.5%), from €4,161 to €17,582
- Debts after one year -€8,099
down €8,099 (-40.2%), from €20,156 to €12,057
- Other debts -€4,014
down €4,014 (-12.0%), from €33,316 to €29,302
- Accrued charges and deferred income +€3,406
new in 2025: €3,406
- Current portion of long-term debt +€1,730
up €1,730 (+19.1%), from €9,069 to €10,799
- Gross operating margin +€21,678
up €21,678 (+41.0%), from €52,878 to €74,556
- Taxes +€5,255
up €5,255 (+69.7%), from €7,543 to €12,798
- Financial charges -€768
down €768 (-22.7%), from €3,379 to €2,611
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 | €86,956 | €93,870 | +€6,914 | +8.0% |
| Fixed assets | 21/28 | €36,863 | €31,226 | -€5,637 | -15.3% |
| Tangible fixed assets | 22/27 | €36,338 | €30,701 | -€5,637 | -15.5% |
| Plant, machinery and equipment | 23 | €3,208 | €3,151 | -€57 | -1.8% |
| Furniture and vehicles | 24 | €493 | €4,807 | +€4,315 | +875.8% |
| Leasing and similar rights | 25 | €32,418 | €22,743 | -€9,675 | -29.8% |
| Other tangible fixed assets | 26 | €219 | - | -€219 | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €50,093 | €62,644 | +€12,551 | +25.1% |
| Stocks and contracts in progress | 3 | €4,242 | €4,008 | -€234 | -5.5% |
| Stocks | 30/36 | €4,242 | €4,008 | -€234 | -5.5% |
| Amounts receivable within one year | 40/41 | €18,592 | €24,381 | +€5,789 | +31.1% |
| Trade receivables | 40 | €18,592 | €24,381 | +€5,789 | +31.1% |
| Cash at bank and in hand | 54/58 | €24,310 | €33,480 | +€9,170 | +37.7% |
| Deferred charges and accrued income | 490/1 | €2,949 | €775 | -€2,174 | -73.7% |
| Total equity and liabilities | 10/49 | €86,956 | €93,870 | +€6,914 | +8.0% |
| Equity | 10/15 | €5,661 | €19,082 | +€13,421 | +237.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,161 | €17,582 | +€13,421 | +322.5% |
| Amounts payable | 17/49 | €81,295 | €74,788 | -€6,507 | -8.0% |
| Amounts payable after more than one year | 17 | €20,156 | €12,057 | -€8,099 | -40.2% |
| Financial debts | 170/4 | €20,156 | €12,057 | -€8,099 | -40.2% |
| Amounts payable within one year | 42/48 | €61,139 | €59,325 | -€1,814 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €9,069 | €10,799 | +€1,730 | +19.1% |
| Trade debts | 44 | €1,738 | €956 | -€782 | -45.0% |
| Suppliers | 440/4 | €1,738 | €956 | -€782 | -45.0% |
| Taxes, remuneration and social security | 45 | €17,016 | €18,267 | +€1,251 | +7.4% |
| Taxes | 450/3 | €17,016 | €18,267 | +€1,251 | +7.4% |
| Other amounts payable | 47/48 | €33,316 | €29,302 | -€4,014 | -12.0% |
| Accrued charges and deferred income | 492/3 | - | €3,406 | +€3,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,547 | €11,675 | +€128 | +1.1% |
| Other operating charges | 640/8 | €670 | €521 | -€149 | -22.3% |
| Gross operating margin | 9900 | €52,878 | €74,556 | +€21,678 | +41.0% |
| Operating profit (loss) | 9901 | €40,661 | €62,360 | +€21,699 | +53.4% |
| Financial charges | 65/66B | €3,379 | €2,611 | -€768 | -22.7% |
| Recurring financial charges | 65 | €3,379 | €2,611 | -€768 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €37,282 | €59,749 | +€22,467 | +60.3% |
| Income taxes | 67/77 | €7,543 | €12,798 | +€5,255 | +69.7% |
| Profit (loss) for the period | 9904 | €29,739 | €46,951 | +€17,212 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,739 | €46,951 | +€17,212 | +57.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.