GL Infexio: what changed
Two fiscal 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.
GL Infexio
Largest movements
- Cash +€31,472
up €31,472 (+47.8%), from €65,890 to €97,361
mainly Net result for the year (+€54,223) and Other debts (+€3,641)
- Receivables within one year +€12,870
up €12,870 (+56.7%), from €22,715 to €35,585
- Tangible fixed assets +€1,443
up €1,443 (+87.4%), from €1,650 to €3,092
- Profit (loss) carried forward +€53,390
up €53,390 (+75.6%), from €70,600 to €123,990
- Tax, wage and social debts -€8,333
down €8,333 (-76.1%), from €10,945 to €2,612
- Other debts +€3,641
up €3,641 (+99.3%), from €3,666 to €7,306
- Trade debts -€3,285
down €3,285 (-95.4%), from €3,442 to €157
- Gross operating margin +€12,954
up €12,954 (+22.0%), from €58,792 to €71,746
- Taxes +€2,639
up €2,639 (+22.0%), from €11,973 to €14,612
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 | €91,653 | €137,066 | +€45,413 | +49.5% |
| Fixed assets | 21/28 | €1,650 | €3,092 | +€1,443 | +87.4% |
| Tangible fixed assets | 22/27 | €1,650 | €3,092 | +€1,443 | +87.4% |
| Furniture and vehicles | 24 | €1,650 | €3,092 | +€1,443 | +87.4% |
| Current assets | 29/58 | €90,003 | €133,974 | +€43,970 | +48.9% |
| Amounts receivable within one year | 40/41 | €22,715 | €35,585 | +€12,870 | +56.7% |
| Trade receivables | 40 | €22,715 | €35,585 | +€12,870 | +56.7% |
| Cash at bank and in hand | 54/58 | €65,890 | €97,361 | +€31,472 | +47.8% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,027 | -€371 | -26.5% |
| Total equity and liabilities | 10/49 | €91,653 | €137,066 | +€45,413 | +49.5% |
| Equity | 10/15 | €73,600 | €126,990 | +€53,390 | +72.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,600 | €123,990 | +€53,390 | +75.6% |
| Amounts payable | 17/49 | €18,053 | €10,076 | -€7,977 | -44.2% |
| Amounts payable within one year | 42/48 | €18,053 | €10,076 | -€7,977 | -44.2% |
| Trade debts | 44 | €3,442 | €157 | -€3,285 | -95.4% |
| Suppliers | 440/4 | €3,442 | €157 | -€3,285 | -95.4% |
| Taxes, remuneration and social security | 45 | €10,945 | €2,612 | -€8,333 | -76.1% |
| Taxes | 450/3 | €10,945 | €2,612 | -€8,333 | -76.1% |
| Other amounts payable | 47/48 | €3,666 | €7,306 | +€3,641 | +99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480 | €1,701 | +€221 | +14.9% |
| Other operating charges | 640/8 | €1,202 | €1,138 | -€64 | -5.3% |
| Gross operating margin | 9900 | €58,792 | €71,746 | +€12,954 | +22.0% |
| Operating profit (loss) | 9901 | €56,110 | €68,907 | +€12,797 | +22.8% |
| Financial charges | 65/66B | €220 | €72 | -€148 | -67.3% |
| Recurring financial charges | 65 | €220 | €72 | -€148 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €55,890 | €68,835 | +€12,945 | +23.2% |
| Income taxes | 67/77 | €11,973 | €14,612 | +€2,639 | +22.0% |
| Profit (loss) for the period | 9904 | €43,917 | €54,223 | +€10,305 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,917 | €54,223 | +€10,305 | +23.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.