EJ 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.
EJ INFI
Largest movements
- Cash -€46,118
down €46,118 (-91.8%), from €50,224 to €4,106
mainly Contributions, distributions and other (-€60,000) and Net result for the year (-€14,599)
- Receivables within one year -€39,288
down €39,288 (-43.3%), from €90,688 to €51,400
of which Other amounts receivable: -€50,787
- Deferred charges and accrued income +€9,269
up €9,269 (+368%), from €2,517 to €11,785
- Tangible fixed assets -€1,737
down €1,737 (-45.2%), from €3,843 to €2,106
of which Leasing and similar rights: -€1,021
- Profit (loss) carried forward -€74,599
down €74,599 (-56.7%), from €131,583 to €56,984
- Tax, wage and social debts -€2,724
down €2,724 (-19.5%), from €13,932 to €11,208
of which Taxes: -€3,664
- Gross operating margin -€56,903
down €56,903, from €48,126 to -€8,777
- Taxes -€9,494
down €9,494 (-97.2%), from €9,767 to €273
- Other operating charges -€4,420
down €4,420 (-91.2%), from €4,847 to €428
- Staff costs +€3,228
new in 2025: €3,228
- Depreciation -€1,013
down €1,013 (-36.8%), from €2,751 to €1,737
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 | €147,272 | €69,398 | -€77,875 | -52.9% |
| Fixed assets | 21/28 | €3,843 | €2,106 | -€1,737 | -45.2% |
| Tangible fixed assets | 22/27 | €3,843 | €2,106 | -€1,737 | -45.2% |
| Furniture and vehicles | 24 | €1,410 | €693 | -€717 | -50.8% |
| Leasing and similar rights | 25 | €2,434 | €1,413 | -€1,021 | -41.9% |
| Current assets | 29/58 | €143,429 | €67,292 | -€76,137 | -53.1% |
| Amounts receivable within one year | 40/41 | €90,688 | €51,400 | -€39,288 | -43.3% |
| Trade receivables | 40 | €7,502 | €19,000 | +€11,499 | +153% |
| Other amounts receivable | 41 | €83,187 | €32,400 | -€50,787 | -61.1% |
| Cash at bank and in hand | 54/58 | €50,224 | €4,106 | -€46,118 | -91.8% |
| Deferred charges and accrued income | 490/1 | €2,517 | €11,785 | +€9,269 | +368% |
| Total equity and liabilities | 10/49 | €147,272 | €69,398 | -€77,875 | -52.9% |
| Equity | 10/15 | €132,083 | €57,484 | -€74,599 | -56.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,583 | €56,984 | -€74,599 | -56.7% |
| Amounts payable | 17/49 | €15,189 | €11,914 | -€3,275 | -21.6% |
| Amounts payable within one year | 42/48 | €15,189 | €11,914 | -€3,275 | -21.6% |
| Trade debts | 44 | €1,257 | €706 | -€552 | -43.9% |
| Suppliers | 440/4 | €1,257 | €706 | -€552 | -43.9% |
| Taxes, remuneration and social security | 45 | €13,932 | €11,208 | -€2,724 | -19.5% |
| Taxes | 450/3 | €13,932 | €10,267 | -€3,664 | -26.3% |
| Remuneration and social security | 454/9 | - | €941 | +€941 | |
| Remuneration, social security and pensions | 62 | - | €3,228 | +€3,228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,751 | €1,737 | -€1,013 | -36.8% |
| Other operating charges | 640/8 | €4,847 | €428 | -€4,420 | -91.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €48,126 | -€8,777 | -€56,903 | |
| Operating profit (loss) | 9901 | €40,528 | -€14,170 | -€54,698 | |
| Financial income | 75/76B | €1,060 | €682 | -€378 | -35.6% |
| Recurring financial income | 75 | €1,060 | €682 | -€378 | -35.6% |
| Financial charges | 65/66B | €962 | €839 | -€123 | -12.8% |
| Recurring financial charges | 65 | €962 | €839 | -€123 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €40,626 | -€14,326 | -€54,952 | |
| Income taxes | 67/77 | €9,767 | €273 | -€9,494 | -97.2% |
| Profit (loss) for the period | 9904 | €30,859 | -€14,599 | -€45,458 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,859 | -€14,599 | -€45,458 |
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 22 October 2026 via checked.be.