INFI-HOUSE: 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-HOUSE
Largest movements
- Receivables after one year -€136,300
no longer reported in 2025 (was €136,300)
- Deferred charges and accrued income -€71,161
down €71,161 (-66.0%), from €107,831 to €36,669
- Receivables within one year +€58,183
up €58,183 (+102%), from €57,130 to €115,313
of which Trade receivables: +€78,828
- Tangible fixed assets +€17,992
up €17,992 (+136%), from €13,199 to €31,191
of which Furniture and vehicles: +€18,238
- Cash +€8,274
up €8,274 (+9.0%), from €91,622 to €99,897
mainly Receivables after one year (+€136,300) and Net result for the year (+€135,810)
- Other debts -€127,218
down €127,218 (-62.2%), from €204,483 to €77,265
- Tax, wage and social debts +€71,125
up €71,125 (+72.6%), from €98,007 to €169,132
of which Remuneration and social security: +€40,741
- Profit (loss) carried forward -€44,190
down €44,190 (-75.2%), from €58,749 to €14,560
- Short-term financial debts -€16,556
no longer reported in 2025 (was €16,556)
- Trade debts -€10,680
down €10,680 (-97.2%), from €10,990 to €310
- Staff costs +€90,691
up €90,691 (+19.0%), from €476,479 to €567,170
- Gross operating margin +€16,645
up €16,645 (+2.2%), from €752,623 to €769,269
- Taxes -€11,788
down €11,788 (-20.7%), from €56,914 to €45,126
- Other operating charges +€9,010
up €9,010 (+219%), from €4,116 to €13,125
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 | €409,685 | €286,673 | -€123,012 | -30.0% |
| Fixed assets | 21/28 | €16,802 | €34,794 | +€17,992 | +107% |
| Tangible fixed assets | 22/27 | €13,199 | €31,191 | +€17,992 | +136% |
| Furniture and vehicles | 24 | €4,241 | €22,479 | +€18,238 | +430% |
| Leasing and similar rights | 25 | - | €1,545 | +€1,545 | |
| Other tangible fixed assets | 26 | €8,959 | €7,167 | -€1,792 | -20.0% |
| Financial fixed assets | 28 | €3,603 | €3,603 | = | 0.0% |
| Current assets | 29/58 | €392,883 | €251,879 | -€141,005 | -35.9% |
| Amounts receivable after more than one year | 29 | €136,300 | - | -€136,300 | |
| Other amounts receivable | 291 | €136,300 | - | -€136,300 | |
| Amounts receivable within one year | 40/41 | €57,130 | €115,313 | +€58,183 | +102% |
| Trade receivables | 40 | €36,485 | €115,313 | +€78,828 | +216% |
| Other amounts receivable | 41 | €20,645 | - | -€20,645 | |
| Cash at bank and in hand | 54/58 | €91,622 | €99,897 | +€8,274 | +9.0% |
| Deferred charges and accrued income | 490/1 | €107,831 | €36,669 | -€71,161 | -66.0% |
| Total equity and liabilities | 10/49 | €409,685 | €286,673 | -€123,012 | -30.0% |
| Equity | 10/15 | €79,649 | €35,460 | -€44,190 | -55.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,749 | €14,560 | -€44,190 | -75.2% |
| Amounts payable | 17/49 | €330,036 | €251,213 | -€78,823 | -23.9% |
| Amounts payable within one year | 42/48 | €330,036 | €246,707 | -€83,329 | -25.2% |
| Financial debts | 43 | €16,556 | - | -€16,556 | |
| Credit institutions | 430/8 | €16,556 | - | -€16,556 | |
| Trade debts | 44 | €10,990 | €310 | -€10,680 | -97.2% |
| Suppliers | 440/4 | €10,990 | €310 | -€10,680 | -97.2% |
| Taxes, remuneration and social security | 45 | €98,007 | €169,132 | +€71,125 | +72.6% |
| Taxes | 450/3 | €48,082 | €78,467 | +€30,384 | +63.2% |
| Remuneration and social security | 454/9 | €49,924 | €90,665 | +€40,741 | +81.6% |
| Other amounts payable | 47/48 | €204,483 | €77,265 | -€127,218 | -62.2% |
| Accrued charges and deferred income | 492/3 | - | €4,506 | +€4,506 | |
| Remuneration, social security and pensions | 62 | €476,479 | €567,170 | +€90,691 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,499 | €6,001 | -€498 | -7.7% |
| Other operating charges | 640/8 | €4,116 | €13,125 | +€9,010 | +219% |
| Gross operating margin | 9900 | €752,623 | €769,269 | +€16,645 | +2.2% |
| Operating profit (loss) | 9901 | €265,530 | €182,972 | -€82,557 | -31.1% |
| Financial income | 75/76B | €1,479 | €6 | -€1,473 | -99.6% |
| Recurring financial income | 75 | €1,479 | €6 | -€1,473 | -99.6% |
| Financial charges | 65/66B | €1,661 | €2,042 | +€381 | +22.9% |
| Recurring financial charges | 65 | €1,661 | €2,042 | +€381 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €265,347 | €180,937 | -€84,411 | -31.8% |
| Income taxes | 67/77 | €56,914 | €45,126 | -€11,788 | -20.7% |
| Profit (loss) for the period | 9904 | €208,433 | €135,810 | -€72,623 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €208,433 | €135,810 | -€72,623 | -34.8% |
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 28 October 2026 via checked.be.