INFI-FR: 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-FR
Largest movements
- Current investments +€55,272
up €55,272 (+43.8%), from €126,112 to €181,384
- Cash +€6,889
up €6,889 (+426%), from €1,618 to €8,507
mainly Net result for the year (+€55,405) and Tax, wage and social debts (+€6,257)
- Receivables within one year -€5,159
down €5,159 (-27.2%), from €18,995 to €13,836
of which Other amounts receivable: -€4,153
- Tangible fixed assets -€5,088
down €5,088 (-25.0%), from €20,352 to €15,264
- Reserves +€40,905
up €40,905 (+30.4%), from €134,463 to €175,367
- Tax, wage and social debts +€6,257
up €6,257 (+417%), from €1,500 to €7,757
- Other debts +€4,542
up €4,542 (+37.6%), from €12,087 to €16,630
- Gross operating margin +€40,691
up €40,691 (+96.7%), from €42,092 to €82,783
- Taxes +€11,204
up €11,204 (+100%), from €11,202 to €22,406
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 | €167,945 | €219,898 | +€51,953 | +30.9% |
| Fixed assets | 21/28 | €20,352 | €15,264 | -€5,088 | -25.0% |
| Tangible fixed assets | 22/27 | €20,352 | €15,264 | -€5,088 | -25.0% |
| Furniture and vehicles | 24 | €20,352 | €15,264 | -€5,088 | -25.0% |
| Current assets | 29/58 | €147,593 | €204,634 | +€57,041 | +38.6% |
| Amounts receivable within one year | 40/41 | €18,995 | €13,836 | -€5,159 | -27.2% |
| Trade receivables | 40 | €14,842 | €13,836 | -€1,006 | -6.8% |
| Other amounts receivable | 41 | €4,153 | - | -€4,153 | |
| Current investments | 50/53 | €126,112 | €181,384 | +€55,272 | +43.8% |
| Cash at bank and in hand | 54/58 | €1,618 | €8,507 | +€6,889 | +426% |
| Deferred charges and accrued income | 490/1 | €868 | €907 | +€39 | +4.5% |
| Total equity and liabilities | 10/49 | €167,945 | €219,898 | +€51,953 | +30.9% |
| Equity | 10/15 | €154,357 | €195,262 | +€40,905 | +26.5% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €134,463 | €175,367 | +€40,905 | +30.4% |
| Distributable reserves | 133 | €134,463 | €175,367 | +€40,905 | +30.4% |
| Profit (loss) carried forward | 14 | €5,635 | €5,635 | = | 0.0% |
| Amounts payable | 17/49 | €13,587 | €24,636 | +€11,049 | +81.3% |
| Amounts payable within one year | 42/48 | €13,587 | €24,636 | +€11,049 | +81.3% |
| Trade debts | 44 | - | €249 | +€249 | |
| Suppliers | 440/4 | - | €249 | +€249 | |
| Taxes, remuneration and social security | 45 | €1,500 | €7,757 | +€6,257 | +417% |
| Taxes | 450/3 | €1,500 | €7,757 | +€6,257 | +417% |
| Other amounts payable | 47/48 | €12,087 | €16,630 | +€4,542 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,088 | €5,088 | = | 0.0% |
| Other operating charges | 640/8 | €956 | €1,063 | +€107 | +11.2% |
| Gross operating margin | 9900 | €42,092 | €82,783 | +€40,691 | +96.7% |
| Operating profit (loss) | 9901 | €36,048 | €76,632 | +€40,584 | +113% |
| Financial income | 75/76B | €1,182 | €1,244 | +€62 | +5.2% |
| Recurring financial income | 75 | €1,182 | €1,244 | +€62 | +5.2% |
| Financial charges | 65/66B | €66 | €66 | +€0 | +0.1% |
| Recurring financial charges | 65 | €66 | €66 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €37,165 | €77,810 | +€40,645 | +109% |
| Income taxes | 67/77 | €11,202 | €22,406 | +€11,204 | +100% |
| Profit (loss) for the period | 9904 | €25,963 | €55,405 | +€29,442 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €25,963 | €55,405 | +€29,442 | +113% |
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 19 October 2026 via checked.be.