INFIBEL: 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.
INFIBEL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Tax, wage and social debts -€25,284
down €25,284 (-69.2%), from €36,537 to €11,253
- Trade debts +€13,805
up €13,805 (+600.9%), from €2,298 to €16,103
- Profit (loss) carried forward +€7,413
up €7,413, from -€2,894 to €4,519
- Purchases and services -€94,961
no longer reported in 2024 (was €94,961)
- Turnover -€68,302
no longer reported in 2024 (was €68,302)
- Gross operating margin +€35,276
up €35,276, from -€11,273 to €24,004
- Taxes +€13,703
up €13,703 (+1666.0%), from €823 to €14,526
- Financial income -€13,186
down €13,186 (-100.0%), from €13,186 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,640 | €210,574 | -€4,066 | -1.9% |
| Fixed assets | 21/28 | €115 | €115 | = | 0.0% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €214,525 | €210,459 | -€4,066 | -1.9% |
| Amounts receivable within one year | 40/41 | €208,966 | €207,066 | -€1,900 | -0.9% |
| Trade receivables | 40 | €9,452 | - | -€9,452 | |
| Other amounts receivable | 41 | €199,513 | €207,066 | +€7,552 | +3.8% |
| Cash at bank and in hand | 54/58 | €5,064 | €3,330 | -€1,734 | -34.2% |
| Deferred charges and accrued income | 490/1 | €495 | €63 | -€432 | -87.3% |
| Total equity and liabilities | 10/49 | €214,640 | €210,574 | -€4,066 | -1.9% |
| Equity | 10/15 | €175,806 | €183,219 | +€7,413 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €172,500 | €172,500 | = | 0.0% |
| Distributable reserves | 133 | €172,500 | €172,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,894 | €4,519 | +€7,413 | |
| Amounts payable | 17/49 | €38,834 | €27,355 | -€11,479 | -29.6% |
| Amounts payable within one year | 42/48 | €38,834 | €27,355 | -€11,479 | -29.6% |
| Trade debts | 44 | €2,298 | €16,103 | +€13,805 | +600.9% |
| Suppliers | 440/4 | €2,298 | €16,103 | +€13,805 | +600.9% |
| Taxes, remuneration and social security | 45 | €36,537 | €11,253 | -€25,284 | -69.2% |
| Taxes | 450/3 | €36,537 | €11,253 | -€25,284 | -69.2% |
| Turnover | 70 | €68,302 | - | -€68,302 | |
| Goods, raw materials, services and sundry goods | 60/61 | €94,961 | - | -€94,961 | |
| Remuneration, social security and pensions | 62 | - | €397 | +€397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | - | -€169 | |
| Other operating charges | 640/8 | €4,361 | €515 | -€3,846 | -88.2% |
| Gross operating margin | 9900 | -€11,273 | €24,004 | +€35,276 | |
| Operating profit (loss) | 9901 | -€15,803 | €23,091 | +€38,894 | |
| Financial income | 75/76B | €13,186 | €0 | -€13,186 | -100.0% |
| Recurring financial income | 75 | €13,186 | €0 | -€13,186 | -100.0% |
| Financial charges | 65/66B | €155 | €1,153 | +€997 | +642.5% |
| Recurring financial charges | 65 | €155 | €1,153 | +€997 | +642.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,772 | €21,939 | +€24,711 | |
| Income taxes | 67/77 | €823 | €14,526 | +€13,703 | +1666.0% |
| Profit (loss) for the period | 9904 | -€3,595 | €7,413 | +€11,008 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,595 | €7,413 | +€11,008 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.