INFIG: 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.
INFIG
Largest movements
- Tangible fixed assets -€24,262
down €24,262 (-47.6%), from €51,011 to €26,749
of which Furniture and vehicles: -€20,480
- Cash +€14,788
up €14,788 (+251.5%), from €5,880 to €20,668
mainly Net result for the year (+€27,899) and Depreciation (+€24,262)
- Deferred charges and accrued income +€5,234
up €5,234 (+57.9%), from €9,045 to €14,278
- Receivables within one year +€1,129
up €1,129 (+4.0%), from €28,273 to €29,402
of which Other amounts receivable: +€836
- Current portion of long-term debt -€13,907
down €13,907 (-45.1%), from €30,814 to €16,907
- Profit (loss) carried forward +€13,068
no longer reported in 2025 (was -€13,068)
- Debts after one year -€12,907
down €12,907 (-27.0%), from €47,758 to €34,851
- Other debts +€12,607
new in 2025: €12,607
- Trade debts -€5,392
down €5,392 (-62.7%), from €8,604 to €3,212
- Gross operating margin +€27,780
up €27,780 (+75.2%), from €36,926 to €64,706
- Taxes +€4,957
up €4,957 (+2074.4%), from €239 to €5,196
- Depreciation +€709
up €709 (+3.0%), from €23,553 to €24,262
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 | €94,208 | €91,097 | -€3,111 | -3.3% |
| Fixed assets | 21/28 | €51,011 | €26,749 | -€24,262 | -47.6% |
| Tangible fixed assets | 22/27 | €51,011 | €26,749 | -€24,262 | -47.6% |
| Land and buildings | 22 | €25,901 | €22,392 | -€3,508 | -13.5% |
| Plant, machinery and equipment | 23 | €274 | - | -€274 | |
| Furniture and vehicles | 24 | €24,836 | €4,356 | -€20,480 | -82.5% |
| Current assets | 29/58 | €43,197 | €64,348 | +€21,151 | +49.0% |
| Amounts receivable within one year | 40/41 | €28,273 | €29,402 | +€1,129 | +4.0% |
| Trade receivables | 40 | - | €293 | +€293 | |
| Other amounts receivable | 41 | €28,273 | €29,108 | +€836 | +3.0% |
| Cash at bank and in hand | 54/58 | €5,880 | €20,668 | +€14,788 | +251.5% |
| Deferred charges and accrued income | 490/1 | €9,045 | €14,278 | +€5,234 | +57.9% |
| Total equity and liabilities | 10/49 | €94,208 | €91,097 | -€3,111 | -3.3% |
| Equity | 10/15 | €5,532 | €18,600 | +€13,068 | +236.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,068 | - | +€13,068 | |
| Amounts payable | 17/49 | €88,676 | €72,497 | -€16,179 | -18.2% |
| Amounts payable after more than one year | 17 | €47,758 | €34,851 | -€12,907 | -27.0% |
| Financial debts | 170/4 | €47,758 | €34,851 | -€12,907 | -27.0% |
| Amounts payable within one year | 42/48 | €40,918 | €37,646 | -€3,273 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €30,814 | €16,907 | -€13,907 | -45.1% |
| Trade debts | 44 | €8,604 | €3,212 | -€5,392 | -62.7% |
| Suppliers | 440/4 | €8,604 | €3,212 | -€5,392 | -62.7% |
| Taxes, remuneration and social security | 45 | €1,500 | €4,921 | +€3,421 | +228.0% |
| Taxes | 450/3 | - | €3,421 | +€3,421 | |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | - | €12,607 | +€12,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,553 | €24,262 | +€709 | +3.0% |
| Other operating charges | 640/8 | €1,290 | €873 | -€417 | -32.3% |
| Non-recurring operating charges | 66A | €23,648 | €4,550 | -€19,098 | -80.8% |
| Gross operating margin | 9900 | €36,926 | €64,706 | +€27,780 | +75.2% |
| Operating profit (loss) | 9901 | -€11,565 | €35,022 | +€46,586 | |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €1,304 | €1,926 | +€623 | +47.8% |
| Recurring financial charges | 65 | €1,304 | €1,926 | +€623 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,829 | €33,095 | +€45,924 | |
| Income taxes | 67/77 | €239 | €5,196 | +€4,957 | +2074.4% |
| Profit (loss) for the period | 9904 | -€13,068 | €27,899 | +€40,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,068 | €27,899 | +€40,967 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.