INFI-LIE: 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.
INFI-LIE
Largest movements
- Intangible fixed assets -€23,125
down €23,125 (-16.7%), from €138,750 to €115,625
- Cash -€15,499
down €15,499 (-58.4%), from €26,550 to €11,050
mainly Other debts (-€80,691) and Receivables within one year (-€9,145)
- Receivables within one year +€9,145
up €9,145 (+129.9%), from €7,041 to €16,186
of which Other amounts receivable: +€8,622
- Other debts -€80,691
down €80,691 (-55.9%), from €144,378 to €63,688
- Debts after one year +€40,470
new in 2025: €40,470
- Current portion of long-term debt +€13,033
new in 2025: €13,033
- Trade debts +€6,773
up €6,773 (+1016.3%), from €666 to €7,439
- Tax, wage and social debts -€5,858
down €5,858 (-65.2%), from €8,989 to €3,131
of which Taxes: -€5,858
- Gross operating margin -€3,375
down €3,375 (-11.9%), from €28,326 to €24,950
- Financial charges +€843
up €843 (+19.7%), from €4,276 to €5,119
- Taxes -€622
down €622 (-79.5%), from €783 to €160
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 | €174,040 | €143,829 | -€30,211 | -17.4% |
| Fixed assets | 21/28 | €140,020 | €116,412 | -€23,608 | -16.9% |
| Intangible fixed assets | 21 | €138,750 | €115,625 | -€23,125 | -16.7% |
| Tangible fixed assets | 22/27 | €1,270 | €787 | -€483 | -38.0% |
| Furniture and vehicles | 24 | €1,270 | €787 | -€483 | -38.0% |
| Current assets | 29/58 | €34,020 | €27,417 | -€6,603 | -19.4% |
| Amounts receivable within one year | 40/41 | €7,041 | €16,186 | +€9,145 | +129.9% |
| Trade receivables | 40 | €6,824 | €7,347 | +€523 | +7.7% |
| Other amounts receivable | 41 | €217 | €8,840 | +€8,622 | +3967.5% |
| Cash at bank and in hand | 54/58 | €26,550 | €11,050 | -€15,499 | -58.4% |
| Deferred charges and accrued income | 490/1 | €429 | €181 | -€248 | -57.8% |
| Total equity and liabilities | 10/49 | €174,040 | €143,829 | -€30,211 | -17.4% |
| Equity | 10/15 | €20,006 | €16,069 | -€3,938 | -19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €15,006 | €11,069 | -€3,938 | -26.2% |
| Amounts payable | 17/49 | €154,034 | €127,761 | -€26,273 | -17.1% |
| Amounts payable after more than one year | 17 | - | €40,470 | +€40,470 | |
| Financial debts | 170/4 | - | €40,470 | +€40,470 | |
| Amounts payable within one year | 42/48 | €154,034 | €87,291 | -€66,743 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,033 | +€13,033 | |
| Trade debts | 44 | €666 | €7,439 | +€6,773 | +1016.3% |
| Suppliers | 440/4 | €666 | €7,439 | +€6,773 | +1016.3% |
| Taxes, remuneration and social security | 45 | €8,989 | €3,131 | -€5,858 | -65.2% |
| Taxes | 450/3 | €7,089 | €1,231 | -€5,858 | -82.6% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €144,378 | €63,688 | -€80,691 | -55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,504 | €23,608 | +€104 | +0.4% |
| Other operating charges | 640/8 | €54 | €0 | -€54 | -100.0% |
| Gross operating margin | 9900 | €28,326 | €24,950 | -€3,375 | -11.9% |
| Operating profit (loss) | 9901 | €4,768 | €1,342 | -€3,426 | -71.9% |
| Financial income | 75/76B | €115 | €0 | -€115 | -100.0% |
| Recurring financial income | 75 | €115 | €0 | -€115 | -100.0% |
| Financial charges | 65/66B | €4,276 | €5,119 | +€843 | +19.7% |
| Recurring financial charges | 65 | €4,276 | €5,119 | +€843 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €607 | -€3,777 | -€4,384 | |
| Income taxes | 67/77 | €783 | €160 | -€622 | -79.5% |
| Profit (loss) for the period | 9904 | -€176 | -€3,938 | -€3,762 | -2142.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€176 | -€3,938 | -€3,762 | -2142.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.