INFADOM: 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.
INFADOM
Largest movements
- Receivables within one year +€77,235
up €77,235 (+23.3%), from €330,928 to €408,163
- Cash -€42,220
down €42,220 (-75.4%), from €55,998 to €13,779
mainly Receivables within one year (-€77,235) and Contributions, distributions and other (-€30,000)
- Profit (loss) carried forward +€35,756
up €35,756 (+10.4%), from €345,448 to €381,204
- Gross operating margin -€46,393
down €46,393 (-33.5%), from €138,551 to €92,158
- Taxes +€13,241
up €13,241 (+110.7%), from €11,964 to €25,205
- Financial charges -€2,480
down €2,480 (-83.6%), from €2,966 to €486
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €389,831 | €423,116 | +€33,285 | +8.5% |
| Formation expenses | 20 | €129 | €0 | -€129 | -100.0% |
| Fixed assets | 21/28 | €1,565 | €1,174 | -€391 | -25.0% |
| Tangible fixed assets | 22/27 | €1,565 | €1,174 | -€391 | -25.0% |
| Plant, machinery and equipment | 23 | €1,565 | €1,174 | -€391 | -25.0% |
| Current assets | 29/58 | €388,138 | €421,942 | +€33,805 | +8.7% |
| Amounts receivable within one year | 40/41 | €330,928 | €408,163 | +€77,235 | +23.3% |
| Other amounts receivable | 41 | €330,928 | €408,163 | +€77,235 | +23.3% |
| Cash at bank and in hand | 54/58 | €55,998 | €13,779 | -€42,220 | -75.4% |
| Deferred charges and accrued income | 490/1 | €1,211 | - | -€1,211 | |
| Total equity and liabilities | 10/49 | €389,831 | €423,116 | +€33,285 | +8.5% |
| Equity | 10/15 | €365,908 | €401,664 | +€35,756 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €345,448 | €381,204 | +€35,756 | +10.4% |
| Amounts payable | 17/49 | €23,923 | €21,452 | -€2,471 | -10.3% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,923 | €11,452 | -€2,471 | -17.7% |
| Trade debts | 44 | €2,471 | - | -€2,471 | |
| Suppliers | 440/4 | €2,471 | - | -€2,471 | |
| Taxes, remuneration and social security | 45 | €11,452 | €11,452 | = | 0.0% |
| Taxes | 450/3 | €11,452 | €11,452 | = | 0.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | €520 | +€351 | +207.3% |
| Other operating charges | 640/8 | €293 | €191 | -€102 | -34.7% |
| Gross operating margin | 9900 | €138,551 | €92,158 | -€46,393 | -33.5% |
| Operating profit (loss) | 9901 | €138,089 | €91,447 | -€46,643 | -33.8% |
| Financial charges | 65/66B | €2,966 | €486 | -€2,480 | -83.6% |
| Recurring financial charges | 65 | €2,966 | €486 | -€2,480 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €135,123 | €90,961 | -€44,163 | -32.7% |
| Income taxes | 67/77 | €11,964 | €25,205 | +€13,241 | +110.7% |
| Profit (loss) for the period | 9904 | €123,159 | €65,756 | -€57,403 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €123,159 | €65,756 | -€57,403 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.