DG Infra Yield: 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.
What changed
DG Infra Yield
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.2m
2024 · €3.3m-€70,089
Equity
€18.5m
2024 · €18.7m-€183,768
Cash
€3.9m
2024 · €4.4m-€487,492
Balance sheet total
€115.9m
2024 · €123.6m-€7.6m
Largest movements
Assets
- Receivables after one year -€4.4m
no longer reported in 2025 (was €4.4m)
- Financial fixed assets -€1.5m
down €1.5m (-1.5%), from €102.8m to €101.3m
of which Affiliated companies: -€1.9m
Equity and liabilities
- Debts after one year -€5.8m
down €5.8m (-6.1%), from €95.0m to €89.2m
- Other debts -€1.5m
down €1.5m (-18.5%), from €8.4m to €6.8m
Income statement
- Financial income -€1.5m
down €1.5m (-11.4%), from €12.9m to €11.5m
- Financial charges -€1.3m
down €1.3m (-15.2%), from €8.3m to €7.0m
- Services and other goods -€114,678
down €114,678 (-7.5%), from €1.5m to €1.4m
- Other operating charges -€27,113
down €27,113 (-81.6%), from €33,237 to €6,124
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.
Result 2024
€3.3m
Services and other goods
+€114,678
Other operating charges
+€27,113
Financial income
-€1.5m
Financial charges
+€1.3m
Result 2025
€3.2m
raises the resultlowers the result
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.
From operations
+€6.5m
Investment
+€2.1m
Financing
-€9.1m
Cash 2024
€4.4m
From operations (derived)
+€6.5m
Net result for the year
+€3.2m
Receivables after one year
+€4.4m
Receivables within one year
+€237,367
Deferred charges and accrued income
+€358,120
Trade debts
-€127,282
Tax, wage and social debts
-€1,451
Other debts
-€1.5m
Accrued charges and deferred income
-€30,443
Investment (derived)
+€2.1m
Investment in fixed assets (net)
+€1.5m
Current investments
+€634,498
Financing
-€9.1m
Debts after one year
-€5.8m
Contributions, distributions and other
-€3.4m
Cash 2025
€3.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,590,772 | €115,943,911 | -€7.6m | -6.2% |
| Fixed assets | 21/28 | €102,819,779 | €101,312,250 | -€1.5m | -1.5% |
| Financial fixed assets | 28 | €102,819,779 | €101,312,250 | -€1.5m | -1.5% |
| Affiliated companies | 280/1 | €55,450,399 | €53,580,331 | -€1.9m | -3.4% |
| Participating interests | 280 | €27,325,887 | €26,818,737 | -€507,150 | -1.9% |
| Amounts receivable | 281 | €28,124,511 | €26,761,593 | -€1.4m | -4.8% |
| Companies linked by participating interests | 282/3 | €45,567,137 | €46,129,925 | +€562,788 | +1.2% |
| Participating interests | 282 | €31,472,779 | €32,222,779 | +€750,000 | +2.4% |
| Amounts receivable | 283 | €14,094,358 | €13,907,146 | -€187,212 | -1.3% |
| Other financial fixed assets | 284/8 | €1,802,243 | €1,601,994 | -€200,249 | -11.1% |
| Amounts receivable and cash guarantees | 285/8 | €1,802,243 | €1,601,994 | -€200,249 | -11.1% |
| Current assets | 29/58 | €20,770,993 | €14,631,661 | -€6.1m | -29.6% |
| Amounts receivable after more than one year | 29 | €4,421,855 | - | -€4.4m | |
| Other amounts receivable | 291 | €4,421,855 | - | -€4.4m | |
| Amounts receivable within one year | 40/41 | €2,135,213 | €1,897,846 | -€237,367 | -11.1% |
| Other amounts receivable | 41 | €2,135,213 | €1,897,846 | -€237,367 | -11.1% |
| Current investments | 50/53 | €8,184,498 | €7,550,000 | -€634,498 | -7.8% |
| Other investments | 51/53 | €8,184,498 | €7,550,000 | -€634,498 | -7.8% |
| Cash at bank and in hand | 54/58 | €4,394,212 | €3,906,720 | -€487,492 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,635,216 | €1,277,096 | -€358,120 | -21.9% |
| Total equity and liabilities | 10/49 | €123,590,772 | €115,943,911 | -€7.6m | -6.2% |
| Equity | 10/15 | €18,674,438 | €18,490,669 | -€183,768 | -1.0% |
| Contributions | 10/11 | €14,069,851 | €13,247,450 | -€822,401 | -5.8% |
| Profit (loss) carried forward | 14 | €4,604,587 | €5,243,219 | +€638,633 | +13.9% |
| Amounts payable | 17/49 | €104,916,334 | €97,453,242 | -€7.5m | -7.1% |
| Amounts payable after more than one year | 17 | €94,989,169 | €89,232,360 | -€5.8m | -6.1% |
| Financial debts | 170/4 | €94,989,169 | €89,232,360 | -€5.8m | -6.1% |
| Other loans | 174 | €94,989,169 | €89,232,360 | -€5.8m | -6.1% |
| Amounts payable within one year | 42/48 | €9,889,927 | €8,214,087 | -€1.7m | -16.9% |
| Trade debts | 44 | €1,520,454 | €1,393,172 | -€127,282 | -8.4% |
| Suppliers | 440/4 | €1,520,454 | €1,393,172 | -€127,282 | -8.4% |
| Taxes, remuneration and social security | 45 | €1,451 | - | -€1,451 | |
| Taxes | 450/3 | €1,451 | - | -€1,451 | |
| Other amounts payable | 47/48 | €8,368,023 | €6,820,915 | -€1.5m | -18.5% |
| Accrued charges and deferred income | 492/3 | €37,237 | €6,795 | -€30,443 | -81.8% |
| Operating income | 70/76A | €156,120 | €156,120 | = | 0.0% |
| Turnover | 70 | €156,120 | €156,120 | = | 0.0% |
| Operating charges | 60/66A | €1,555,335 | €1,413,544 | -€141,791 | -9.1% |
| Services and other goods | 61 | €1,522,098 | €1,407,421 | -€114,678 | -7.5% |
| Other operating charges | 640/8 | €33,237 | €6,124 | -€27,113 | -81.6% |
| Operating profit (loss) | 9901 | -€1,399,215 | -€1,257,424 | +€141,791 | +10.1% |
| Financial income | 75/76B | €12,936,345 | €11,465,068 | -€1.5m | -11.4% |
| Recurring financial income | 75 | €12,936,345 | €11,465,068 | -€1.5m | -11.4% |
| Income from financial fixed assets | 750 | €12,766,419 | €11,213,942 | -€1.6m | -12.2% |
| Income from current assets | 751 | €169,904 | €251,126 | +€81,222 | +47.8% |
| Other financial income | 752/9 | €22 | €0 | -€21 | -99.9% |
| Financial charges | 65/66B | €8,275,647 | €7,016,249 | -€1.3m | -15.2% |
| Recurring financial charges | 65 | €8,275,647 | €7,016,249 | -€1.3m | -15.2% |
| Debt charges | 650 | €8,275,108 | €7,015,703 | -€1.3m | -15.2% |
| Other financial charges | 652/9 | €539 | €545 | +€6 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €3,261,483 | €3,191,394 | -€70,089 | -2.1% |
| Profit (loss) for the period | 9904 | €3,261,483 | €3,191,394 | -€70,089 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,261,483 | €3,191,394 | -€70,089 | -2.1% |
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.