INFICOM: 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.
INFICOM
Largest movements
- Tangible fixed assets +€105,716
up €105,716 (+43.5%), from €242,792 to €348,508
of which Furniture and vehicles: +€103,276
- Receivables within one year -€24,274
down €24,274 (-26.5%), from €91,454 to €67,180
of which Trade receivables: -€26,835
- Cash -€4,449
down €4,449 (-54.0%), from €8,240 to €3,791
mainly Investment in fixed assets (net) (-€152,113) and Current portion of long-term debt (-€45,855)
- Debts after one year +€62,179
new in 2024: €62,179
- Current portion of long-term debt -€45,855
down €45,855 (-24.1%), from €190,000 to €144,145
- Profit (loss) carried forward +€41,130
up €41,130 (+30.0%), from €137,224 to €178,354
- Trade debts +€14,252
up €14,252 (+860.1%), from €1,657 to €15,909
- Gross operating margin +€26,247
up €26,247 (+22.7%), from €115,583 to €141,830
- Financial charges +€19,927
up €19,927 (+6428.1%), from €310 to €20,237
- Other operating charges +€19,911
up €19,911 (+342.9%), from €5,807 to €25,718
- Depreciation -€13,552
down €13,552 (-22.6%), from €59,949 to €46,397
- Turnover +€10,343
up €10,343 (+8.1%), from €128,173 to €138,516
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 | €350,755 | €427,975 | +€77,220 | +22.0% |
| Fixed assets | 21/28 | €242,792 | €348,508 | +€105,716 | +43.5% |
| Tangible fixed assets | 22/27 | €242,792 | €348,508 | +€105,716 | +43.5% |
| Plant, machinery and equipment | 23 | - | €2,440 | +€2,440 | |
| Furniture and vehicles | 24 | €242,792 | €346,068 | +€103,276 | +42.5% |
| Current assets | 29/58 | €107,963 | €79,467 | -€28,496 | -26.4% |
| Amounts receivable within one year | 40/41 | €91,454 | €67,180 | -€24,274 | -26.5% |
| Trade receivables | 40 | €82,495 | €55,660 | -€26,835 | -32.5% |
| Other amounts receivable | 41 | €8,959 | €11,520 | +€2,561 | +28.6% |
| Cash at bank and in hand | 54/58 | €8,240 | €3,791 | -€4,449 | -54.0% |
| Deferred charges and accrued income | 490/1 | €8,269 | €8,496 | +€227 | +2.7% |
| Total equity and liabilities | 10/49 | €350,755 | €427,975 | +€77,220 | +22.0% |
| Equity | 10/15 | €157,675 | €198,805 | +€41,130 | +26.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,224 | €178,354 | +€41,130 | +30.0% |
| Amounts payable | 17/49 | €193,080 | €229,170 | +€36,090 | +18.7% |
| Amounts payable after more than one year | 17 | - | €62,179 | +€62,179 | |
| Financial debts | 170/4 | - | €62,179 | +€62,179 | |
| Amounts payable within one year | 42/48 | €193,080 | €163,096 | -€29,984 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €190,000 | €144,145 | -€45,855 | -24.1% |
| Trade debts | 44 | €1,657 | €15,909 | +€14,252 | +860.1% |
| Suppliers | 440/4 | €1,657 | €15,909 | +€14,252 | +860.1% |
| Taxes, remuneration and social security | 45 | - | €3,042 | +€3,042 | |
| Taxes | 450/3 | - | €3,042 | +€3,042 | |
| Other amounts payable | 47/48 | €1,423 | - | -€1,423 | |
| Accrued charges and deferred income | 492/3 | - | €3,895 | +€3,895 | |
| Turnover | 70 | €128,173 | €138,516 | +€10,343 | +8.1% |
| Non-recurring operating income | 76A | - | €11,419 | +€11,419 | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,486 | €34,397 | -€1,089 | -3.1% |
| Remuneration, social security and pensions | 62 | -€55 | €6,346 | +€6,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,949 | €46,397 | -€13,552 | -22.6% |
| Other operating charges | 640/8 | €5,807 | €25,718 | +€19,911 | +342.9% |
| Gross operating margin | 9900 | €115,583 | €141,830 | +€26,247 | +22.7% |
| Operating profit (loss) | 9901 | €49,882 | €63,369 | +€13,487 | +27.0% |
| Financial charges | 65/66B | €310 | €20,237 | +€19,927 | +6428.1% |
| Recurring financial charges | 65 | €310 | €20,237 | +€19,927 | +6428.1% |
| Profit (loss) for the period before taxes | 9903 | €49,572 | €43,132 | -€6,440 | -13.0% |
| Income taxes | 67/77 | - | €2,002 | +€2,002 | |
| Profit (loss) for the period | 9904 | €49,572 | €41,130 | -€8,442 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,572 | €41,130 | -€8,442 | -17.0% |
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 7 October 2026 via checked.be.