INFI D ELITE: 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 D ELITE
Largest movements
- Receivables within one year +€157,366
up €157,366 (+58.4%), from €269,273 to €426,639
of which Other amounts receivable: +€156,111
- Other debts +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€62,378
down €62,378 (-27.7%), from €225,281 to €162,903
- Tax, wage and social debts +€21,274
up €21,274 (+31.4%), from €67,674 to €88,948
- Gross operating margin +€24,340
up €24,340 (+16.7%), from €145,747 to €170,087
- Taxes +€9,711
up €9,711 (+28.9%), from €33,618 to €43,330
- Financial income +€4,615
up €4,615 (+37.4%), from €12,336 to €16,951
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 | €300,388 | €455,868 | +€155,480 | +51.8% |
| Fixed assets | 21/28 | €11,787 | €10,622 | -€1,164 | -9.9% |
| Intangible fixed assets | 21 | €7,750 | €6,500 | -€1,250 | -16.1% |
| Tangible fixed assets | 22/27 | €4,037 | €4,122 | +€86 | +2.1% |
| Furniture and vehicles | 24 | - | €960 | +€960 | |
| Other tangible fixed assets | 26 | €4,037 | €3,162 | -€874 | -21.7% |
| Current assets | 29/58 | €288,601 | €445,246 | +€156,644 | +54.3% |
| Amounts receivable within one year | 40/41 | €269,273 | €426,639 | +€157,366 | +58.4% |
| Trade receivables | 40 | - | €1,255 | +€1,255 | |
| Other amounts receivable | 41 | €269,273 | €425,384 | +€156,111 | +58.0% |
| Cash at bank and in hand | 54/58 | €64 | €1,953 | +€1,889 | +2,941% |
| Deferred charges and accrued income | 490/1 | €19,264 | €16,654 | -€2,611 | -13.6% |
| Total equity and liabilities | 10/49 | €300,388 | €455,868 | +€155,480 | +51.8% |
| Equity | 10/15 | €227,281 | €164,903 | -€62,378 | -27.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,281 | €162,903 | -€62,378 | -27.7% |
| Amounts payable | 17/49 | €73,107 | €290,965 | +€217,858 | +298% |
| Amounts payable within one year | 42/48 | €73,107 | €290,965 | +€217,858 | +298% |
| Trade debts | 44 | €5,433 | €2,017 | -€3,416 | -62.9% |
| Suppliers | 440/4 | €5,433 | €2,017 | -€3,416 | -62.9% |
| Taxes, remuneration and social security | 45 | €67,674 | €88,948 | +€21,274 | +31.4% |
| Taxes | 450/3 | €67,674 | €88,948 | +€21,274 | +31.4% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,584 | €2,444 | +€860 | +54.3% |
| Other operating charges | 640/8 | €852 | €1,144 | +€291 | +34.2% |
| Gross operating margin | 9900 | €145,747 | €170,087 | +€24,340 | +16.7% |
| Operating profit (loss) | 9901 | €143,310 | €166,499 | +€23,189 | +16.2% |
| Financial income | 75/76B | €12,336 | €16,951 | +€4,615 | +37.4% |
| Recurring financial income | 75 | €12,336 | €16,951 | +€4,615 | +37.4% |
| Financial charges | 65/66B | €1,902 | €2,498 | +€596 | +31.4% |
| Recurring financial charges | 65 | €1,902 | €2,498 | +€596 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €153,744 | €180,952 | +€27,208 | +17.7% |
| Income taxes | 67/77 | €33,618 | €43,330 | +€9,711 | +28.9% |
| Profit (loss) for the period | 9904 | €120,126 | €137,622 | +€17,496 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €120,126 | €137,622 | +€17,496 | +14.6% |
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 24 October 2026 via checked.be.