INFER: 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.
INFER
Largest movements
- Receivables within one year -€2,918
down €2,918 (-15.8%), from €18,458 to €15,539
- Tangible fixed assets +€2,076
new in 2025: €2,076
- Other debts -€1,150
down €1,150 (-5.3%), from €21,629 to €20,479
- Trade debts +€519
up €519 (+19.9%), from €2,617 to €3,136
- Other operating charges -€6,422
no longer reported in 2025 (was €6,422)
- Financial charges -€3,301
down €3,301 (-98.0%), from €3,369 to €68
- Gross operating margin +€2,968
up €2,968 (+87.6%), from -€3,387 to -€419
- Financial income +€933
new in 2025: €933
- Depreciation +€490
new in 2025: €490
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 | €18,459 | €17,785 | -€674 | -3.7% |
| Fixed assets | 21/28 | - | €2,076 | +€2,076 | |
| Tangible fixed assets | 22/27 | - | €2,076 | +€2,076 | |
| Furniture and vehicles | 24 | - | €2,076 | +€2,076 | |
| Current assets | 29/58 | €18,459 | €15,709 | -€2,750 | -14.9% |
| Amounts receivable within one year | 40/41 | €18,458 | €15,539 | -€2,918 | -15.8% |
| Other amounts receivable | 41 | €18,458 | €15,539 | -€2,918 | -15.8% |
| Cash at bank and in hand | 54/58 | €1 | €170 | +€169 | +18146.2% |
| Total equity and liabilities | 10/49 | €18,459 | €17,785 | -€674 | -3.7% |
| Equity | 10/15 | -€5,787 | -€5,830 | -€43 | -0.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,787 | -€80,830 | -€43 | -0.1% |
| Amounts payable | 17/49 | €24,245 | €23,615 | -€631 | -2.6% |
| Amounts payable within one year | 42/48 | €24,245 | €23,615 | -€631 | -2.6% |
| Trade debts | 44 | €2,617 | €3,136 | +€519 | +19.9% |
| Suppliers | 440/4 | €2,617 | €3,136 | +€519 | +19.9% |
| Other amounts payable | 47/48 | €21,629 | €20,479 | -€1,150 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €490 | +€490 | |
| Other operating charges | 640/8 | €6,422 | - | -€6,422 | |
| Gross operating margin | 9900 | -€3,387 | -€419 | +€2,968 | +87.6% |
| Operating profit (loss) | 9901 | -€9,809 | -€909 | +€8,900 | +90.7% |
| Financial income | 75/76B | - | €933 | +€933 | |
| Recurring financial income | 75 | - | €933 | +€933 | |
| Financial charges | 65/66B | €3,369 | €68 | -€3,301 | -98.0% |
| Recurring financial charges | 65 | €3,369 | €68 | -€3,301 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,179 | -€43 | +€13,135 | +99.7% |
| Profit (loss) for the period | 9904 | -€13,179 | -€43 | +€13,135 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,179 | -€43 | +€13,135 | +99.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.