INFI-BORINAGE: 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.
INFI-BORINAGE
Largest movements
- Receivables within one year +€11,605
up €11,605 (+47.1%), from €24,629 to €36,235
of which Other amounts receivable: +€7,497
- Tangible fixed assets -€10,567
down €10,567 (-30.8%), from €34,334 to €23,767
- Receivables after one year -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year -€13,643
down €13,643 (-49.0%), from €27,838 to €14,195
- Profit (loss) carried forward +€11,767
up €11,767, from -€11,057 to €710
- Tax, wage and social debts -€6,094
down €6,094 (-58.8%), from €10,370 to €4,276
of which Remuneration and social security: -€8,370
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Current portion of long-term debt +€3,257
up €3,257 (+16.3%), from €19,995 to €23,252
- Gross operating margin +€3,926
up €3,926 (+6.6%), from €59,695 to €63,620
- Taxes +€2,646
up €2,646 (+29.4%), from €9,000 to €11,646
- Financial charges +€853
up €853 (+57.3%), from €1,489 to €2,342
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,964 | €60,002 | -€8,962 | -13.0% |
| Fixed assets | 21/28 | €34,334 | €23,767 | -€10,567 | -30.8% |
| Tangible fixed assets | 22/27 | €34,334 | €23,767 | -€10,567 | -30.8% |
| Furniture and vehicles | 24 | €34,334 | €23,767 | -€10,567 | -30.8% |
| Current assets | 29/58 | €34,629 | €36,235 | +€1,605 | +4.6% |
| Amounts receivable after more than one year | 29 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 291 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €24,629 | €36,235 | +€11,605 | +47.1% |
| Trade receivables | 40 | €20,347 | €24,455 | +€4,108 | +20.2% |
| Other amounts receivable | 41 | €4,282 | €11,779 | +€7,497 | +175% |
| Total equity and liabilities | 10/49 | €68,964 | €60,002 | -€8,962 | -13.0% |
| Equity | 10/15 | -€9,057 | €2,710 | +€11,767 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,057 | €710 | +€11,767 | |
| Amounts payable | 17/49 | €78,021 | €57,292 | -€20,729 | -26.6% |
| Amounts payable after more than one year | 17 | €27,838 | €14,195 | -€13,643 | -49.0% |
| Financial debts | 170/4 | €27,838 | €14,195 | -€13,643 | -49.0% |
| Amounts payable within one year | 42/48 | €50,183 | €43,097 | -€7,086 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €19,995 | €23,252 | +€3,257 | +16.3% |
| Financial debts | 43 | €756 | €619 | -€137 | -18.1% |
| Credit institutions | 430/8 | €756 | €619 | -€137 | -18.1% |
| Trade debts | 44 | €13,062 | €14,949 | +€1,887 | +14.4% |
| Suppliers | 440/4 | €13,062 | €14,949 | +€1,887 | +14.4% |
| Taxes, remuneration and social security | 45 | €10,370 | €4,276 | -€6,094 | -58.8% |
| Taxes | 450/3 | - | €2,276 | +€2,276 | |
| Remuneration and social security | 454/9 | €10,370 | €2,000 | -€8,370 | -80.7% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Non-recurring operating income | 76A | €779 | - | -€779 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,140 | €12,207 | +€66 | +0.5% |
| Other operating charges | 640/8 | €803 | €658 | -€145 | -18.0% |
| Gross operating margin | 9900 | €59,695 | €63,620 | +€3,926 | +6.6% |
| Operating profit (loss) | 9901 | €46,752 | €50,756 | +€4,004 | +8.6% |
| Financial charges | 65/66B | €1,489 | €2,342 | +€853 | +57.3% |
| Recurring financial charges | 65 | €1,489 | €2,342 | +€853 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €45,263 | €48,413 | +€3,151 | +7.0% |
| Income taxes | 67/77 | €9,000 | €11,646 | +€2,646 | +29.4% |
| Profit (loss) for the period | 9904 | €36,263 | €36,767 | +€504 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,263 | €36,767 | +€504 | +1.4% |
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 27 October 2026 via checked.be.