INFIBIS: 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.
INFIBIS
Largest movements
- Intangible fixed assets +€18,811
new in 2025: €18,811
- Receivables within one year +€12,118
up €12,118 (+53.3%), from €22,746 to €34,864
of which Trade receivables: +€10,483
- Tangible fixed assets -€5,766
down €5,766 (-20.8%), from €27,695 to €21,929
- Cash -€5,332
down €5,332 (-19.8%), from €26,949 to €21,617
mainly Investment in fixed assets (net) (-€20,000) and Receivables within one year (-€12,118)
- Deferred charges and accrued income -€2,106
down €2,106 (-20.0%), from €10,532 to €8,425
- Profit (loss) carried forward +€8,258
up €8,258 (+14.9%), from €55,364 to €63,622
- Reserves +€5,000
up €5,000 (+83.3%), from €6,000 to €11,000
- Trade debts +€3,712
up €3,712 (+27.6%), from €13,449 to €17,161
- Tax, wage and social debts +€1,919
up €1,919 (+19.9%), from €9,644 to €11,563
of which Taxes: +€1,550
- Other debts -€1,164
no longer reported in 2025 (was €1,164)
- Gross operating margin +€28,589
up €28,589 (+44.5%), from €64,270 to €92,859
- Staff costs +€16,760
up €16,760 (+40.7%), from €41,132 to €57,893
- Depreciation +€3,185
up €3,185 (+84.5%), from €3,771 to €6,955
- Taxes +€1,550
up €1,550 (+23.7%), from €6,552 to €8,102
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 | €87,922 | €105,646 | +€17,724 | +20.2% |
| Fixed assets | 21/28 | €27,695 | €40,740 | +€13,045 | +47.1% |
| Intangible fixed assets | 21 | - | €18,811 | +€18,811 | |
| Tangible fixed assets | 22/27 | €27,695 | €21,929 | -€5,766 | -20.8% |
| Furniture and vehicles | 24 | €27,695 | €21,929 | -€5,766 | -20.8% |
| Current assets | 29/58 | €60,227 | €64,907 | +€4,680 | +7.8% |
| Amounts receivable within one year | 40/41 | €22,746 | €34,864 | +€12,118 | +53.3% |
| Trade receivables | 40 | €22,746 | €33,229 | +€10,483 | +46.1% |
| Other amounts receivable | 41 | - | €1,635 | +€1,635 | |
| Cash at bank and in hand | 54/58 | €26,949 | €21,617 | -€5,332 | -19.8% |
| Deferred charges and accrued income | 490/1 | €10,532 | €8,425 | -€2,106 | -20.0% |
| Total equity and liabilities | 10/49 | €87,922 | €105,646 | +€17,724 | +20.2% |
| Equity | 10/15 | €63,664 | €76,922 | +€13,258 | +20.8% |
| Contributions | 10/11 | €2,300 | €2,300 | = | 0.0% |
| Capital | 10 | €2,300 | €2,300 | = | 0.0% |
| Issued capital | 100 | €2,300 | €2,300 | = | 0.0% |
| Reserves | 13 | €6,000 | €11,000 | +€5,000 | +83.3% |
| Non-distributable reserves | 130/1 | €6,000 | €11,000 | +€5,000 | +83.3% |
| Legal reserve | 130 | €6,000 | €11,000 | +€5,000 | +83.3% |
| Profit (loss) carried forward | 14 | €55,364 | €63,622 | +€8,258 | +14.9% |
| Amounts payable | 17/49 | €24,257 | €28,724 | +€4,467 | +18.4% |
| Amounts payable within one year | 42/48 | €24,257 | €28,724 | +€4,467 | +18.4% |
| Trade debts | 44 | €13,449 | €17,161 | +€3,712 | +27.6% |
| Suppliers | 440/4 | €13,449 | €17,161 | +€3,712 | +27.6% |
| Taxes, remuneration and social security | 45 | €9,644 | €11,563 | +€1,919 | +19.9% |
| Taxes | 450/3 | €1,929 | €3,479 | +€1,550 | +80.4% |
| Remuneration and social security | 454/9 | €7,716 | €8,084 | +€369 | +4.8% |
| Other amounts payable | 47/48 | €1,164 | - | -€1,164 | |
| Remuneration, social security and pensions | 62 | €41,132 | €57,893 | +€16,760 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,771 | €6,955 | +€3,185 | +84.5% |
| Other operating charges | 640/8 | €6,303 | €6,588 | +€285 | +4.5% |
| Gross operating margin | 9900 | €64,270 | €92,859 | +€28,589 | +44.5% |
| Operating profit (loss) | 9901 | €13,064 | €21,424 | +€8,360 | +64.0% |
| Financial charges | 65/66B | €80 | €64 | -€16 | -19.7% |
| Recurring financial charges | 65 | €80 | €64 | -€16 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €12,984 | €21,360 | +€8,375 | +64.5% |
| Income taxes | 67/77 | €6,552 | €8,102 | +€1,550 | +23.7% |
| Profit (loss) for the period | 9904 | €6,432 | €13,258 | +€6,826 | +106.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,432 | €13,258 | +€6,826 | +106.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.