INFIGA: 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.
INFIGA
Largest movements
- Cash +€17,531
up €17,531 (+92.3%), from €18,997 to €36,528
mainly Net result for the year (+€11,138) and Depreciation (+€9,200)
- Tangible fixed assets -€9,200
down €9,200 (-50.0%), from €18,400 to €9,200
- Receivables within one year -€6,110
down €6,110 (-63.6%), from €9,610 to €3,500
of which Trade receivables: -€4,670
- Profit (loss) carried forward +€11,138
up €11,138 (+94.8%), from €11,749 to €22,887
- Debts after one year -€5,008
no longer reported in 2025 (was €5,008)
- Tax, wage and social debts -€3,776
down €3,776 (-40.0%), from €9,445 to €5,669
of which Taxes: -€9,445
- Current portion of long-term debt -€1,397
down €1,397 (-21.8%), from €6,405 to €5,008
- Other debts +€1,264
new in 2025: €1,264
- Gross operating margin +€13,517
up €13,517 (+93.4%), from €14,473 to €27,990
- Other operating charges +€4,886
up €4,886 (+407.8%), from €1,198 to €6,084
- Staff costs -€1,460
no longer reported in 2025 (was €1,460)
- Financial charges -€1,198
down €1,198 (-69.0%), from €1,735 to €537
- Taxes +€1,031
new in 2025: €1,031
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 | €47,007 | €49,228 | +€2,221 | +4.7% |
| Fixed assets | 21/28 | €18,400 | €9,200 | -€9,200 | -50.0% |
| Tangible fixed assets | 22/27 | €18,400 | €9,200 | -€9,200 | -50.0% |
| Furniture and vehicles | 24 | €18,400 | €9,200 | -€9,200 | -50.0% |
| Current assets | 29/58 | €28,607 | €40,028 | +€11,421 | +39.9% |
| Amounts receivable within one year | 40/41 | €9,610 | €3,500 | -€6,110 | -63.6% |
| Trade receivables | 40 | €4,670 | - | -€4,670 | |
| Other amounts receivable | 41 | €4,940 | €3,500 | -€1,440 | -29.1% |
| Cash at bank and in hand | 54/58 | €18,997 | €36,528 | +€17,531 | +92.3% |
| Total equity and liabilities | 10/49 | €47,007 | €49,228 | +€2,221 | +4.7% |
| Equity | 10/15 | €26,149 | €37,287 | +€11,138 | +42.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,400 | €10,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Legal reserve | 130 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,749 | €22,887 | +€11,138 | +94.8% |
| Amounts payable | 17/49 | €20,858 | €11,941 | -€8,917 | -42.8% |
| Amounts payable after more than one year | 17 | €5,008 | - | -€5,008 | |
| Financial debts | 170/4 | €5,008 | - | -€5,008 | |
| Amounts payable within one year | 42/48 | €15,850 | €11,941 | -€3,909 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €6,405 | €5,008 | -€1,397 | -21.8% |
| Taxes, remuneration and social security | 45 | €9,445 | €5,669 | -€3,776 | -40.0% |
| Taxes | 450/3 | €9,445 | - | -€9,445 | |
| Remuneration and social security | 454/9 | - | €5,669 | +€5,669 | |
| Other amounts payable | 47/48 | - | €1,264 | +€1,264 | |
| Remuneration, social security and pensions | 62 | €1,460 | - | -€1,460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,200 | €9,200 | = | 0.0% |
| Other operating charges | 640/8 | €1,198 | €6,084 | +€4,886 | +407.8% |
| Gross operating margin | 9900 | €14,473 | €27,990 | +€13,517 | +93.4% |
| Operating profit (loss) | 9901 | €2,615 | €12,706 | +€10,091 | +385.9% |
| Financial income | 75/76B | €43 | - | -€43 | |
| Recurring financial income | 75 | €43 | - | -€43 | |
| Financial charges | 65/66B | €1,735 | €537 | -€1,198 | -69.0% |
| Recurring financial charges | 65 | €1,735 | €537 | -€1,198 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €923 | €12,169 | +€11,246 | +1218.4% |
| Income taxes | 67/77 | - | €1,031 | +€1,031 | |
| Profit (loss) for the period | 9904 | €923 | €11,138 | +€10,215 | +1106.7% |
| Profit (loss) for the period to be appropriated | 9905 | €923 | €11,138 | +€10,215 | +1106.7% |
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 4 October 2026 via checked.be.