INFIDO: 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.
INFIDO
Largest movements
- Receivables within one year -€34,106
down €34,106 (-60.7%), from €56,226 to €22,120
of which Trade receivables: -€34,539
- Current investments +€25,000
new in 2025: €25,000
- Cash +€9,559
up €9,559 (+18.4%), from €52,091 to €61,650
mainly Receivables within one year (+€34,106) and Net result for the year (+€9,351)
- Tangible fixed assets -€6,181
down €6,181 (-54.6%), from €11,316 to €5,136
of which Furniture and vehicles: -€5,728
- Trade debts -€14,390
down €14,390 (-54.3%), from €26,485 to €12,095
- Reserves +€9,351
up €9,351 (+13.5%), from €69,060 to €78,411
of which Distributable reserves: +€9,351
- Tax, wage and social debts -€2,071
down €2,071 (-38.5%), from €5,378 to €3,307
of which Remuneration and social security: -€2,000
- Other debts +€1,383
up €1,383 (+22.0%), from €6,278 to €7,661
- Gross operating margin -€17,317
down €17,317 (-43.2%), from €40,048 to €22,731
- Taxes -€4,044
down €4,044 (-41.7%), from €9,699 to €5,656
- Financial income +€419
up €419 (+241%), from €173 to €592
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.
Derived cash bridge
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 | €119,666 | €113,939 | -€5,727 | -4.8% |
| Fixed assets | 21/28 | €11,316 | €5,136 | -€6,181 | -54.6% |
| Tangible fixed assets | 22/27 | €11,316 | €5,136 | -€6,181 | -54.6% |
| Plant, machinery and equipment | 23 | €3,627 | €3,174 | -€453 | -12.5% |
| Furniture and vehicles | 24 | €7,689 | €1,961 | -€5,728 | -74.5% |
| Current assets | 29/58 | €108,349 | €108,803 | +€454 | +0.4% |
| Amounts receivable within one year | 40/41 | €56,226 | €22,120 | -€34,106 | -60.7% |
| Trade receivables | 40 | €54,899 | €20,360 | -€34,539 | -62.9% |
| Other amounts receivable | 41 | €1,327 | €1,760 | +€433 | +32.6% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €52,091 | €61,650 | +€9,559 | +18.4% |
| Deferred charges and accrued income | 490/1 | €33 | €33 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €119,666 | €113,939 | -€5,727 | -4.8% |
| Equity | 10/15 | €81,525 | €90,876 | +€9,351 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,060 | €78,411 | +€9,351 | +13.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €67,200 | €76,551 | +€9,351 | +13.9% |
| Profit (loss) carried forward | 14 | €65 | €65 | = | 0.0% |
| Amounts payable | 17/49 | €38,140 | €23,063 | -€15,077 | -39.5% |
| Amounts payable within one year | 42/48 | €38,140 | €23,063 | -€15,077 | -39.5% |
| Trade debts | 44 | €26,485 | €12,095 | -€14,390 | -54.3% |
| Suppliers | 440/4 | €26,485 | €12,095 | -€14,390 | -54.3% |
| Taxes, remuneration and social security | 45 | €5,378 | €3,307 | -€2,071 | -38.5% |
| Taxes | 450/3 | €3,378 | €3,307 | -€71 | -2.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €6,278 | €7,661 | +€1,383 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,202 | €7,180 | -€22 | -0.3% |
| Other operating charges | 640/8 | €349 | €469 | +€120 | +34.4% |
| Gross operating margin | 9900 | €40,048 | €22,731 | -€17,317 | -43.2% |
| Operating profit (loss) | 9901 | €32,497 | €15,082 | -€17,415 | -53.6% |
| Financial income | 75/76B | €173 | €592 | +€419 | +241% |
| Recurring financial income | 75 | €173 | €592 | +€419 | +241% |
| Financial charges | 65/66B | €910 | €668 | -€242 | -26.6% |
| Recurring financial charges | 65 | €910 | €668 | -€242 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €31,761 | €15,006 | -€16,755 | -52.8% |
| Income taxes | 67/77 | €9,699 | €5,656 | -€4,044 | -41.7% |
| Profit (loss) for the period | 9904 | €22,062 | €9,351 | -€12,711 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,062 | €9,351 | -€12,711 | -57.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.