INFIHUY: 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.
INFIHUY
Largest movements
- Receivables within one year -€76,734
down €76,734 (-16.6%), from €463,214 to €386,480
- Cash +€55,070
up €55,070 (+130%), from €42,238 to €97,308
mainly Net result for the year (+€134,827) and Receivables within one year (+€76,734)
- Tangible fixed assets -€31,304
down €31,304 (-46.7%), from €67,056 to €35,752
- Profit (loss) carried forward +€134,827
up €134,827 (+118%), from €114,695 to €249,522
- Other debts -€110,000
down €110,000 (-100%), from €110,000 to €0
- Tax, wage and social debts -€61,090
down €61,090 (-25.6%), from €238,424 to €177,334
of which Remuneration and social security: -€35,747
- Debts after one year -€25,094
down €25,094 (-71.2%), from €35,228 to €10,134
- Trade debts +€6,292
up €6,292 (+7,525%), from €84 to €6,376
- Staff costs -€24,137
down €24,137 (-4.0%), from €600,200 to €576,063
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 | €581,314 | €529,851 | -€51,463 | -8.9% |
| Fixed assets | 21/28 | €67,256 | €35,952 | -€31,304 | -46.5% |
| Tangible fixed assets | 22/27 | €67,056 | €35,752 | -€31,304 | -46.7% |
| Plant, machinery and equipment | 23 | €2,150 | €1,459 | -€691 | -32.1% |
| Furniture and vehicles | 24 | €27,911 | €12,261 | -€15,650 | -56.1% |
| Leasing and similar rights | 25 | €36,994 | €22,031 | -€14,964 | -40.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €514,058 | €493,900 | -€20,158 | -3.9% |
| Amounts receivable within one year | 40/41 | €463,214 | €386,480 | -€76,734 | -16.6% |
| Other amounts receivable | 41 | €463,214 | €386,480 | -€76,734 | -16.6% |
| Cash at bank and in hand | 54/58 | €42,238 | €97,308 | +€55,070 | +130% |
| Deferred charges and accrued income | 490/1 | €8,606 | €10,112 | +€1,506 | +17.5% |
| Total equity and liabilities | 10/49 | €581,314 | €529,851 | -€51,463 | -8.9% |
| Equity | 10/15 | €170,155 | €304,982 | +€134,827 | +79.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,695 | €249,522 | +€134,827 | +118% |
| Amounts payable | 17/49 | €411,159 | €224,869 | -€186,290 | -45.3% |
| Amounts payable after more than one year | 17 | €35,228 | €10,134 | -€25,094 | -71.2% |
| Financial debts | 170/4 | €35,228 | €10,134 | -€25,094 | -71.2% |
| Amounts payable within one year | 42/48 | €375,931 | €214,735 | -€161,196 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €27,423 | €31,024 | +€3,601 | +13.1% |
| Trade debts | 44 | €84 | €6,376 | +€6,292 | +7,525% |
| Suppliers | 440/4 | €84 | €6,376 | +€6,292 | +7,525% |
| Taxes, remuneration and social security | 45 | €238,424 | €177,334 | -€61,090 | -25.6% |
| Taxes | 450/3 | €114,076 | €88,733 | -€25,343 | -22.2% |
| Remuneration and social security | 454/9 | €124,349 | €88,601 | -€35,747 | -28.7% |
| Other amounts payable | 47/48 | €110,000 | €0 | -€110,000 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €600,200 | €576,063 | -€24,137 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,081 | €32,080 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,319 | €2,540 | +€221 | +9.5% |
| Non-recurring operating charges | 66A | €146 | - | -€146 | |
| Gross operating margin | 9900 | €807,616 | €805,063 | -€2,553 | -0.3% |
| Operating profit (loss) | 9901 | €172,871 | €194,380 | +€21,509 | +12.4% |
| Financial income | 75/76B | €809 | €1,209 | +€400 | +49.5% |
| Recurring financial income | 75 | €809 | €1,209 | +€400 | +49.5% |
| Financial charges | 65/66B | €8,837 | €5,379 | -€3,458 | -39.1% |
| Recurring financial charges | 65 | €8,038 | €5,379 | -€2,660 | -33.1% |
| Non-recurring financial charges | 66B | €798 | - | -€798 | |
| Profit (loss) for the period before taxes | 9903 | €164,843 | €190,211 | +€25,368 | +15.4% |
| Income taxes | 67/77 | €54,003 | €55,383 | +€1,380 | +2.6% |
| Profit (loss) for the period | 9904 | €110,840 | €134,827 | +€23,987 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,840 | €134,827 | +€23,987 | +21.6% |
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 13 October 2026 via checked.be.