Infectiology: 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.
Infectiology
Largest movements
- Cash -€72,462
down €72,462 (-73.2%), from €99,060 to €26,597
mainly Contributions, distributions and other (-€127,353) and Receivables within one year (-€17,838)
- Receivables within one year +€17,838
up €17,838 (+89.3%), from €19,966 to €37,804
of which Trade receivables: +€17,838
- Tangible fixed assets -€11,262
down €11,262 (-33.2%), from €33,943 to €22,681
- Deferred charges and accrued income -€1,703
down €1,703 (-66.1%), from €2,579 to €875
- Profit (loss) carried forward -€98,303
down €98,303 (-82.1%), from €119,776 to €21,473
- Other debts +€41,452
up €41,452 (+1,158%), from €3,578 to €45,031
- Tax, wage and social debts -€9,069
down €9,069 (-41.1%), from €22,059 to €12,990
of which Taxes: -€10,829
- Trade debts -€1,670
down €1,670 (-23.4%), from €7,134 to €5,464
- Gross operating margin -€13,241
down €13,241 (-19.7%), from €67,094 to €53,853
- Depreciation +€10,158
up €10,158 (+353%), from €2,876 to €13,034
- Taxes -€3,737
down €3,737 (-25.9%), from €14,411 to €10,675
- Other operating charges -€1,068
down €1,068 (-58.9%), from €1,813 to €745
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 | €155,547 | €87,957 | -€67,590 | -43.5% |
| Fixed assets | 21/28 | €33,943 | €22,681 | -€11,262 | -33.2% |
| Tangible fixed assets | 22/27 | €33,943 | €22,681 | -€11,262 | -33.2% |
| Furniture and vehicles | 24 | €33,943 | €22,681 | -€11,262 | -33.2% |
| Current assets | 29/58 | €121,604 | €65,276 | -€56,328 | -46.3% |
| Amounts receivable within one year | 40/41 | €19,966 | €37,804 | +€17,838 | +89.3% |
| Trade receivables | 40 | €19,966 | €37,804 | +€17,838 | +89.3% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €99,060 | €26,597 | -€72,462 | -73.2% |
| Deferred charges and accrued income | 490/1 | €2,579 | €875 | -€1,703 | -66.1% |
| Total equity and liabilities | 10/49 | €155,547 | €87,957 | -€67,590 | -43.5% |
| Equity | 10/15 | €122,776 | €24,473 | -€98,303 | -80.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,776 | €21,473 | -€98,303 | -82.1% |
| Amounts payable | 17/49 | €32,771 | €63,485 | +€30,713 | +93.7% |
| Amounts payable within one year | 42/48 | €32,771 | €63,485 | +€30,713 | +93.7% |
| Trade debts | 44 | €7,134 | €5,464 | -€1,670 | -23.4% |
| Suppliers | 440/4 | €7,134 | €5,464 | -€1,670 | -23.4% |
| Taxes, remuneration and social security | 45 | €22,059 | €12,990 | -€9,069 | -41.1% |
| Taxes | 450/3 | €22,059 | €11,230 | -€10,829 | -49.1% |
| Remuneration and social security | 454/9 | - | €1,760 | +€1,760 | |
| Other amounts payable | 47/48 | €3,578 | €45,031 | +€41,452 | +1,158% |
| Non-recurring operating income | 76A | €1,072 | - | -€1,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,876 | €13,034 | +€10,158 | +353% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,813 | €745 | -€1,068 | -58.9% |
| Gross operating margin | 9900 | €67,094 | €53,853 | -€13,241 | -19.7% |
| Operating profit (loss) | 9901 | €62,405 | €40,074 | -€22,331 | -35.8% |
| Financial income | 75/76B | €169 | €139 | -€30 | -17.9% |
| Recurring financial income | 75 | €169 | €139 | -€30 | -17.9% |
| Financial charges | 65/66B | €124 | €488 | +€364 | +294% |
| Recurring financial charges | 65 | €124 | €488 | +€364 | +294% |
| Profit (loss) for the period before taxes | 9903 | €62,450 | €39,725 | -€22,725 | -36.4% |
| Income taxes | 67/77 | €14,411 | €10,675 | -€3,737 | -25.9% |
| Profit (loss) for the period | 9904 | €48,039 | €29,050 | -€18,989 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,039 | €29,050 | -€18,989 | -39.5% |
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 14 October 2026 via checked.be.