INFIBEMA: 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.
INFIBEMA
Largest movements
- Cash +€19,499
up €19,499 (+27.4%), from €71,226 to €90,724
mainly Other debts (+€18,476) and Trade debts (+€11,761)
- Deferred charges and accrued income -€2,859
down €2,859 (-10.6%), from €26,971 to €24,112
- Receivables within one year -€2,662
down €2,662 (-88.1%), from €3,020 to €358
of which Trade receivables: -€3,020
- Tangible fixed assets -€2,232
down €2,232 (-36.2%), from €6,170 to €3,938
- Other debts +€18,476
up €18,476 (+68.2%), from €27,100 to €45,576
- Accrued charges and deferred income -€14,114
no longer reported in 2025 (was €14,114)
- Trade debts +€11,761
up €11,761 (+5939.7%), from €198 to €11,959
- Profit (loss) carried forward -€3,740
down €3,740 (-12.3%), from -€30,385 to -€34,125
- Financial charges -€15,468
down €15,468 (-36.5%), from €42,385 to €26,917
- Gross operating margin +€11,087
up €11,087 (+70.1%), from €15,822 to €26,908
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 | €107,412 | €119,133 | +€11,721 | +10.9% |
| Fixed assets | 21/28 | €6,195 | €3,938 | -€2,257 | -36.4% |
| Tangible fixed assets | 22/27 | €6,170 | €3,938 | -€2,232 | -36.2% |
| Plant, machinery and equipment | 23 | €1,908 | €1,272 | -€636 | -33.3% |
| Furniture and vehicles | 24 | €2,809 | €1,704 | -€1,104 | -39.3% |
| Other tangible fixed assets | 26 | €1,453 | €962 | -€491 | -33.8% |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €101,217 | €115,195 | +€13,978 | +13.8% |
| Amounts receivable within one year | 40/41 | €3,020 | €358 | -€2,662 | -88.1% |
| Trade receivables | 40 | €3,020 | - | -€3,020 | |
| Other amounts receivable | 41 | - | €358 | +€358 | |
| Cash at bank and in hand | 54/58 | €71,226 | €90,724 | +€19,499 | +27.4% |
| Deferred charges and accrued income | 490/1 | €26,971 | €24,112 | -€2,859 | -10.6% |
| Total equity and liabilities | 10/49 | €107,412 | €119,133 | +€11,721 | +10.9% |
| Equity | 10/15 | €64,414 | €60,673 | -€3,740 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,199 | €76,199 | = | 0.0% |
| Distributable reserves | 133 | €76,199 | €76,199 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,385 | -€34,125 | -€3,740 | -12.3% |
| Amounts payable | 17/49 | €42,998 | €58,460 | +€15,462 | +36.0% |
| Amounts payable within one year | 42/48 | €28,884 | €58,460 | +€29,576 | +102.4% |
| Trade debts | 44 | €198 | €11,959 | +€11,761 | +5939.7% |
| Suppliers | 440/4 | €198 | €11,959 | +€11,761 | +5939.7% |
| Taxes, remuneration and social security | 45 | €1,586 | €925 | -€661 | -41.7% |
| Taxes | 450/3 | €1,586 | €925 | -€661 | -41.7% |
| Other amounts payable | 47/48 | €27,100 | €45,576 | +€18,476 | +68.2% |
| Accrued charges and deferred income | 492/3 | €14,114 | - | -€14,114 | |
| Remuneration, social security and pensions | 62 | - | €45 | +€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,295 | €2,232 | -€64 | -2.8% |
| Other operating charges | 640/8 | €1,117 | €859 | -€258 | -23.1% |
| Gross operating margin | 9900 | €15,822 | €26,908 | +€11,087 | +70.1% |
| Operating profit (loss) | 9901 | €12,410 | €23,773 | +€11,363 | +91.6% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €42,385 | €26,917 | -€15,468 | -36.5% |
| Recurring financial charges | 65 | €42,385 | €26,917 | -€15,468 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,955 | -€3,144 | +€26,811 | +89.5% |
| Income taxes | 67/77 | €661 | €597 | -€65 | -9.8% |
| Profit (loss) for the period | 9904 | -€30,616 | -€3,740 | +€26,876 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,616 | -€3,740 | +€26,876 | +87.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.