INFILIEGE: 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.
INFILIEGE
Largest movements
- Tangible fixed assets -€57,436
down €57,436 (-28.1%), from €204,539 to €147,103
of which Furniture and vehicles: -€61,903
- Receivables within one year +€30,132
up €30,132 (+86.5%), from €34,849 to €64,981
of which Other amounts receivable: +€22,920
- Deferred charges and accrued income -€26,316
down €26,316 (-11.3%), from €231,889 to €205,573
- Cash -€9,095
down €9,095 (-3.4%), from €266,771 to €257,676
mainly Investment in fixed assets (net) (-€36,957) and Tax, wage and social debts (-€32,076)
- Tax, wage and social debts -€32,076
down €32,076 (-16.1%), from €199,323 to €167,248
of which Remuneration and social security: -€19,620
- Trade debts +€18,931
up €18,931 (+103%), from €18,442 to €37,373
- Current portion of long-term debt -€17,685
down €17,685 (-87.0%), from €20,339 to €2,654
- Profit (loss) carried forward -€13,544
down €13,544 (-3.4%), from €398,128 to €384,584
- Other debts -€13,419
down €13,419 (-16.4%), from €81,844 to €68,425
- Gross operating margin -€145,846
down €145,846 (-11.6%), from €1.3m to €1.1m
- Staff costs -€38,979
down €38,979 (-3.7%), from €1.1m to €1.0m
- Taxes -€30,821
down €30,821 (-64.9%), from €47,476 to €16,655
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 | €738,582 | €675,333 | -€63,248 | -8.6% |
| Fixed assets | 21/28 | €205,073 | €147,103 | -€57,970 | -28.3% |
| Intangible fixed assets | 21 | €534 | €0 | -€534 | -100% |
| Tangible fixed assets | 22/27 | €204,539 | €147,103 | -€57,436 | -28.1% |
| Plant, machinery and equipment | 23 | €3,704 | €3,615 | -€88 | -2.4% |
| Furniture and vehicles | 24 | €195,047 | €133,143 | -€61,903 | -31.7% |
| Other tangible fixed assets | 26 | €5,789 | €10,344 | +€4,555 | +78.7% |
| Current assets | 29/58 | €533,509 | €528,230 | -€5,278 | -1.0% |
| Amounts receivable within one year | 40/41 | €34,849 | €64,981 | +€30,132 | +86.5% |
| Trade receivables | 40 | €24,718 | €31,930 | +€7,212 | +29.2% |
| Other amounts receivable | 41 | €10,131 | €33,051 | +€22,920 | +226% |
| Cash at bank and in hand | 54/58 | €266,771 | €257,676 | -€9,095 | -3.4% |
| Deferred charges and accrued income | 490/1 | €231,889 | €205,573 | -€26,316 | -11.3% |
| Total equity and liabilities | 10/49 | €738,582 | €675,333 | -€63,248 | -8.6% |
| Equity | 10/15 | €413,178 | €399,634 | -€13,544 | -3.3% |
| Contributions | 10/11 | €6,247 | €6,247 | = | 0.0% |
| Reserves | 13 | €8,803 | €8,803 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,249 | €1,249 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,249 | €1,249 | = | 0.0% |
| Distributable reserves | 133 | €7,554 | €7,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | €398,128 | €384,584 | -€13,544 | -3.4% |
| Amounts payable | 17/49 | €325,404 | €275,700 | -€49,704 | -15.3% |
| Amounts payable after more than one year | 17 | €2,654 | €0 | -€2,654 | -100% |
| Financial debts | 170/4 | €2,654 | €0 | -€2,654 | -100% |
| Amounts payable within one year | 42/48 | €319,948 | €275,700 | -€44,248 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €20,339 | €2,654 | -€17,685 | -87.0% |
| Trade debts | 44 | €18,442 | €37,373 | +€18,931 | +103% |
| Suppliers | 440/4 | €18,442 | €37,373 | +€18,931 | +103% |
| Taxes, remuneration and social security | 45 | €199,323 | €167,248 | -€32,076 | -16.1% |
| Taxes | 450/3 | €40,261 | €27,805 | -€12,456 | -30.9% |
| Remuneration and social security | 454/9 | €159,063 | €139,443 | -€19,620 | -12.3% |
| Other amounts payable | 47/48 | €81,844 | €68,425 | -€13,419 | -16.4% |
| Accrued charges and deferred income | 492/3 | €2,802 | €0 | -€2,802 | -100% |
| Remuneration, social security and pensions | 62 | €1,052,020 | €1,013,041 | -€38,979 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,551 | €94,927 | +€8,376 | +9.7% |
| Other operating charges | 640/8 | €912 | €491 | -€421 | -46.1% |
| Gross operating margin | 9900 | €1,258,864 | €1,113,018 | -€145,846 | -11.6% |
| Operating profit (loss) | 9901 | €119,381 | €4,559 | -€114,822 | -96.2% |
| Financial income | 75/76B | €165 | €70 | -€96 | -57.9% |
| Recurring financial income | 75 | €165 | €70 | -€96 | -57.9% |
| Financial charges | 65/66B | €2,743 | €1,518 | -€1,225 | -44.7% |
| Recurring financial charges | 65 | €2,743 | €1,518 | -€1,225 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €116,804 | €3,111 | -€113,693 | -97.3% |
| Income taxes | 67/77 | €47,476 | €16,655 | -€30,821 | -64.9% |
| Profit (loss) for the period | 9904 | €69,328 | -€13,544 | -€82,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,328 | -€13,544 | -€82,872 |
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 24 October 2026 via checked.be.