INFIGEST: 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.
INFIGEST
Largest movements
- Receivables within one year -€11,558
down €11,558 (-99.4%), from €11,631 to €72
of which Trade receivables: -€8,628
- Deferred charges and accrued income -€8,559
down €8,559 (-38.1%), from €22,490 to €13,931
- Cash +€8,077
up €8,077 (+287.3%), from €2,812 to €10,889
mainly Other debts (+€14,434) and Receivables within one year (+€11,558)
- Tangible fixed assets +€3,403
up €3,403 (+90.9%), from €3,746 to €7,149
- Other debts +€14,434
new in 2025: €14,434
- Trade debts -€12,842
down €12,842 (-91.9%), from €13,969 to €1,128
- Profit (loss) carried forward -€10,315
down €10,315 (-78.0%), from €13,223 to €2,908
- Gross operating margin -€3,618
down €3,618 (-175.2%), from -€2,065 to -€5,683
- Depreciation +€906
up €906 (+64.7%), from €1,400 to €2,305
- Other operating charges +€512
up €512 (+113.0%), from €453 to €966
- Taxes +€408
up €408 (+179.8%), from €227 to €635
- Financial income -€272
no longer reported in 2025 (was €272)
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 | €40,678 | €32,041 | -€8,637 | -21.2% |
| Fixed assets | 21/28 | €3,746 | €7,149 | +€3,403 | +90.9% |
| Tangible fixed assets | 22/27 | €3,746 | €7,149 | +€3,403 | +90.9% |
| Furniture and vehicles | 24 | €3,746 | €7,149 | +€3,403 | +90.9% |
| Current assets | 29/58 | €36,933 | €24,892 | -€12,040 | -32.6% |
| Amounts receivable within one year | 40/41 | €11,631 | €72 | -€11,558 | -99.4% |
| Trade receivables | 40 | €8,700 | €72 | -€8,628 | -99.2% |
| Other amounts receivable | 41 | €2,931 | - | -€2,931 | |
| Cash at bank and in hand | 54/58 | €2,812 | €10,889 | +€8,077 | +287.3% |
| Deferred charges and accrued income | 490/1 | €22,490 | €13,931 | -€8,559 | -38.1% |
| Total equity and liabilities | 10/49 | €40,678 | €32,041 | -€8,637 | -21.2% |
| Equity | 10/15 | €26,160 | €15,844 | -€10,315 | -39.4% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Capital | 10 | €11,200 | €11,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €1,736 | €1,736 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,736 | €1,736 | = | 0.0% |
| Legal reserve | 130 | €1,736 | €1,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,223 | €2,908 | -€10,315 | -78.0% |
| Amounts payable | 17/49 | €14,519 | €16,197 | +€1,678 | +11.6% |
| Amounts payable within one year | 42/48 | €14,519 | €16,197 | +€1,678 | +11.6% |
| Trade debts | 44 | €13,969 | €1,128 | -€12,842 | -91.9% |
| Suppliers | 440/4 | €13,969 | €1,128 | -€12,842 | -91.9% |
| Taxes, remuneration and social security | 45 | €549 | €635 | +€86 | +15.7% |
| Taxes | 450/3 | €549 | €635 | +€86 | +15.7% |
| Other amounts payable | 47/48 | - | €14,434 | +€14,434 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,400 | €2,305 | +€906 | +64.7% |
| Other operating charges | 640/8 | €453 | €966 | +€512 | +113.0% |
| Non-recurring operating charges | 66A | - | €727 | +€727 | |
| Gross operating margin | 9900 | -€2,065 | -€5,683 | -€3,618 | -175.2% |
| Operating profit (loss) | 9901 | -€3,918 | -€9,681 | -€5,764 | -147.1% |
| Financial income | 75/76B | €272 | - | -€272 | |
| Recurring financial income | 75 | €272 | - | -€272 | |
| Financial charges | 65/66B | - | -€1 | -€1 | |
| Recurring financial charges | 65 | - | -€1 | -€1 | |
| Profit (loss) for the period before taxes | 9903 | -€3,645 | -€9,680 | -€6,035 | -165.5% |
| Income taxes | 67/77 | €227 | €635 | +€408 | +179.8% |
| Profit (loss) for the period | 9904 | -€3,872 | -€10,315 | -€6,443 | -166.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,872 | -€10,315 | -€6,443 | -166.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.