FT 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.
FT INFI
Largest movements
- Cash +€165,447
up €165,447 (+343.8%), from €48,125 to €213,573
mainly Net result for the year (+€121,080) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Tangible fixed assets +€38,876
up €38,876 (+11251.8%), from €346 to €39,222
of which Plant, machinery and equipment: +€39,222
- Intangible fixed assets -€12,500
no longer reported in 2024 (was €12,500)
- Receivables within one year -€4,650
down €4,650 (-24.5%), from €18,950 to €14,300
- Reserves +€120,000
up €120,000 (+91.0%), from €131,860 to €251,860
of which Distributable reserves: +€120,000
- Tax, wage and social debts +€18,075
new in 2024: €18,075
- Gross operating margin +€221,279
up €221,279, from -€54,873 to €166,406
- Taxes +€32,611
up €32,611 (+4987.7%), from €654 to €33,265
- Financial income +€2,849
new in 2024: €2,849
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,921 | €317,094 | +€137,173 | +76.2% |
| Fixed assets | 21/28 | €12,846 | €39,222 | +€26,376 | +205.3% |
| Intangible fixed assets | 21 | €12,500 | - | -€12,500 | |
| Tangible fixed assets | 22/27 | €346 | €39,222 | +€38,876 | +11251.8% |
| Plant, machinery and equipment | 23 | - | €39,222 | +€39,222 | |
| Furniture and vehicles | 24 | €346 | - | -€346 | |
| Current assets | 29/58 | €167,075 | €277,873 | +€110,797 | +66.3% |
| Amounts receivable within one year | 40/41 | €18,950 | €14,300 | -€4,650 | -24.5% |
| Other amounts receivable | 41 | €18,950 | €14,300 | -€4,650 | -24.5% |
| Current investments | 50/53 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €48,125 | €213,573 | +€165,447 | +343.8% |
| Total equity and liabilities | 10/49 | €179,921 | €317,094 | +€137,173 | +76.2% |
| Equity | 10/15 | €151,140 | €272,219 | +€121,080 | +80.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,860 | €251,860 | +€120,000 | +91.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €130,000 | €250,000 | +€120,000 | +92.3% |
| Profit (loss) carried forward | 14 | €680 | €1,759 | +€1,080 | +158.8% |
| Amounts payable | 17/49 | €28,781 | €44,875 | +€16,094 | +55.9% |
| Amounts payable within one year | 42/48 | €28,781 | €44,875 | +€16,094 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €8,848 | €8,845 | -€3 | 0.0% |
| Trade debts | 44 | €1,415 | €43 | -€1,372 | -97.0% |
| Suppliers | 440/4 | €1,415 | €43 | -€1,372 | -97.0% |
| Taxes, remuneration and social security | 45 | - | €18,075 | +€18,075 | |
| Taxes | 450/3 | - | €18,075 | +€18,075 | |
| Other amounts payable | 47/48 | €18,518 | €17,912 | -€606 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,967 | €13,433 | +€466 | +3.6% |
| Other operating charges | 640/8 | €672 | €647 | -€25 | -3.7% |
| Gross operating margin | 9900 | -€54,873 | €166,406 | +€221,279 | |
| Operating profit (loss) | 9901 | -€68,512 | €152,326 | +€220,838 | |
| Financial income | 75/76B | - | €2,849 | +€2,849 | |
| Recurring financial income | 75 | - | €2,849 | +€2,849 | |
| Financial charges | 65/66B | €294 | €830 | +€536 | +182.0% |
| Recurring financial charges | 65 | €294 | €830 | +€536 | +182.0% |
| Profit (loss) for the period before taxes | 9903 | -€68,807 | €154,344 | +€223,151 | |
| Income taxes | 67/77 | €654 | €33,265 | +€32,611 | +4987.7% |
| Profit (loss) for the period | 9904 | -€69,461 | €121,080 | +€190,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,461 | €121,080 | +€190,540 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.