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INFATECH: 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.

What changed

INFATECH

BE 0424.471.901
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€52,327
2023 · €26,733-€79,060
Equity
€143,634
2023 · €195,961-€52,327
Cash
€157,206
2023 · €151,080+€6,127
Balance sheet total
€186,688
2023 · €217,855-€31,168

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€34,197

    down €34,197 (-79.9%), from €42,802 to €8,604

    of which Trade receivables: -€39,212

  • Cash +€6,127

    up €6,127 (+4.1%), from €151,080 to €157,206

    mainly Receivables within one year (+€34,197) and Trade debts (+€14,102)

  • Tangible fixed assets -€3,097

    down €3,097 (-19.6%), from €15,839 to €12,742

    of which Land and buildings: -€1,770

Equity and liabilities
  • Reserves -€52,327

    down €52,327 (-31.7%), from €164,974 to €112,647

    of which Distributable reserves: -€52,327

  • Trade debts +€14,102

    up €14,102 (+758.8%), from €1,859 to €15,961

  • Tax, wage and social debts +€11,426

    new in 2024: €11,426

  • Other debts -€4,369

    down €4,369 (-21.8%), from €20,036 to €15,667

Income statement
  • Gross operating margin -€44,535

    down €44,535 (-77.3%), from €57,584 to €13,049

  • Taxes +€38,151

    up €38,151 (+178.8%), from €21,332 to €59,483

  • Other operating charges -€1,867

    down €1,867 (-51.9%), from €3,594 to €1,728

  • Depreciation -€1,232

    down €1,232 (-28.5%), from €4,329 to €3,097

From the 2023 result to the 2024 result

effect on the 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 2023 €26,733
Gross operating margin -€44,535
Depreciation +€1,232
Other operating charges +€1,867
Financial income +€107
Financial charges +€420
Taxes -€38,151
Result 2024 -€52,327

Cash bridge derived

cash 2023 to 2024

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.

From operations +€6,127
Investment €0
Financing €0
Cash 2023 €151,080
Net result for the year -€52,327
Depreciation +€3,097
Receivables within one year +€34,197
Trade debts +€14,102
Tax, wage and social debts +€11,426
Other debts -€4,369
Cash 2024 €157,206
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €217,855 €186,688 -€31,168 -14.3%
Fixed assets 21/28 €23,974 €20,877 -€3,097 -12.9%
Tangible fixed assets 22/27 €15,839 €12,742 -€3,097 -19.6%
Land and buildings 22 €10,863 €9,093 -€1,770 -16.3%
Plant, machinery and equipment 23 €1,718 €727 -€991 -57.7%
Furniture and vehicles 24 €3,258 €2,922 -€336 -10.3%
Financial fixed assets 28 €8,135 €8,135 = 0.0%
Current assets 29/58 €193,881 €165,811 -€28,071 -14.5%
Amounts receivable within one year 40/41 €42,802 €8,604 -€34,197 -79.9%
Trade receivables 40 €41,102 €1,890 -€39,212 -95.4%
Other amounts receivable 41 €1,700 €6,714 +€5,015 +295.0%
Cash at bank and in hand 54/58 €151,080 €157,206 +€6,127 +4.1%
Total equity and liabilities 10/49 €217,855 €186,688 -€31,168 -14.3%
Equity 10/15 €195,961 €143,634 -€52,327 -26.7%
Contributions 10/11 €30,987 €30,987 = 0.0%
Capital 10 €30,987 €30,987 = 0.0%
Issued capital 100 €30,987 €30,987 = 0.0%
Reserves 13 €164,974 €112,647 -€52,327 -31.7%
Non-distributable reserves 130/1 €3,099 €3,099 = 0.0%
Legal reserve 130 €3,099 €3,099 = 0.0%
Distributable reserves 133 €161,875 €109,549 -€52,327 -32.3%
Amounts payable 17/49 €21,895 €43,054 +€21,159 +96.6%
Amounts payable within one year 42/48 €21,895 €43,054 +€21,159 +96.6%
Trade debts 44 €1,859 €15,961 +€14,102 +758.8%
Suppliers 440/4 €1,859 €15,961 +€14,102 +758.8%
Taxes, remuneration and social security 45 - €11,426 +€11,426
Taxes 450/3 - €11,426 +€11,426
Other amounts payable 47/48 €20,036 €15,667 -€4,369 -21.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,329 €3,097 -€1,232 -28.5%
Other operating charges 640/8 €3,594 €1,728 -€1,867 -51.9%
Gross operating margin 9900 €57,584 €13,049 -€44,535 -77.3%
Operating profit (loss) 9901 €49,660 €8,224 -€41,436 -83.4%
Financial income 75/76B €11 €118 +€107 +937.2%
Recurring financial income 75 €11 €118 +€107 +937.2%
Financial charges 65/66B €1,606 €1,186 -€420 -26.1%
Recurring financial charges 65 €1,606 €1,186 -€420 -26.1%
Profit (loss) for the period before taxes 9903 €48,065 €7,156 -€40,909 -85.1%
Income taxes 67/77 €21,332 €59,483 +€38,151 +178.8%
Profit (loss) for the period 9904 €26,733 -€52,327 -€79,060
Profit (loss) for the period to be appropriated 9905 €26,733 -€52,327 -€79,060

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.