INFILISA: 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.
INFILISA
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-23.5%), from €63,750 to €48,750
- Receivables after one year -€10,951
down €10,951 (-100%), from €10,951 to €0
- Deferred charges and accrued income +€10,728
up €10,728 (+571%), from €1,879 to €12,607
- Receivables within one year +€6,775
up €6,775 (+44.9%), from €15,096 to €21,871
of which Trade receivables: +€6,775
- Cash +€3,848
up €3,848 (+133%), from €2,902 to €6,750
mainly Depreciation (+€17,995) and Net result for the year (+€11,711)
- Debts after one year -€21,227
down €21,227 (-95.9%), from €22,136 to €909
- Advances received +€9,928
up €9,928, from €0 to €9,928
- Trade debts +€8,585
up €8,585 (+203%), from €4,237 to €12,822
- Other debts +€6,240
new in 2025: €6,240
- Tax, wage and social debts -€6,086
down €6,086 (-28.9%), from €21,037 to €14,952
of which Taxes: -€6,107
- Taxes -€1,709
down €1,709 (-27.5%), from €6,214 to €4,505
- Financial income -€1,428
down €1,428 (-93.4%), from €1,529 to €101
- Depreciation -€804
down €804 (-4.3%), from €18,799 to €17,995
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 | €111,063 | €103,467 | -€7,596 | -6.8% |
| Fixed assets | 21/28 | €80,234 | €62,239 | -€17,995 | -22.4% |
| Intangible fixed assets | 21 | €63,750 | €48,750 | -€15,000 | -23.5% |
| Tangible fixed assets | 22/27 | €16,484 | €13,489 | -€2,995 | -18.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,326 | €194 | -€1,132 | -85.4% |
| Other tangible fixed assets | 26 | €15,158 | €13,295 | -€1,863 | -12.3% |
| Current assets | 29/58 | €30,829 | €41,228 | +€10,399 | +33.7% |
| Amounts receivable after more than one year | 29 | €10,951 | €0 | -€10,951 | -100% |
| Other amounts receivable | 291 | €10,951 | €0 | -€10,951 | -100% |
| Amounts receivable within one year | 40/41 | €15,096 | €21,871 | +€6,775 | +44.9% |
| Trade receivables | 40 | €15,096 | €21,871 | +€6,775 | +44.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,902 | €6,750 | +€3,848 | +133% |
| Deferred charges and accrued income | 490/1 | €1,879 | €12,607 | +€10,728 | +571% |
| Total equity and liabilities | 10/49 | €111,063 | €103,467 | -€7,596 | -6.8% |
| Equity | 10/15 | €37,000 | €37,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,063 | €66,467 | -€7,596 | -10.3% |
| Amounts payable after more than one year | 17 | €22,136 | €909 | -€21,227 | -95.9% |
| Financial debts | 170/4 | €22,136 | €909 | -€21,227 | -95.9% |
| Amounts payable within one year | 42/48 | €51,606 | €65,169 | +€13,564 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €26,332 | €21,227 | -€5,104 | -19.4% |
| Trade debts | 44 | €4,237 | €12,822 | +€8,585 | +203% |
| Suppliers | 440/4 | €4,237 | €12,822 | +€8,585 | +203% |
| Advances received on contracts in progress | 46 | €0 | €9,928 | +€9,928 | |
| Taxes, remuneration and social security | 45 | €21,037 | €14,952 | -€6,086 | -28.9% |
| Taxes | 450/3 | €18,582 | €12,476 | -€6,107 | -32.9% |
| Remuneration and social security | 454/9 | €2,455 | €2,476 | +€21 | +0.9% |
| Other amounts payable | 47/48 | - | €6,240 | +€6,240 | |
| Accrued charges and deferred income | 492/3 | €320 | €388 | +€68 | +21.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,799 | €17,995 | -€804 | -4.3% |
| Other operating charges | 640/8 | €1,304 | €1,105 | -€200 | -15.3% |
| Non-recurring operating charges | 66A | - | €6,399 | +€6,399 | |
| Gross operating margin | 9900 | €44,087 | €43,898 | -€188 | -0.4% |
| Operating profit (loss) | 9901 | €23,983 | €18,400 | -€5,583 | -23.3% |
| Financial income | 75/76B | €1,529 | €101 | -€1,428 | -93.4% |
| Recurring financial income | 75 | €1,529 | €101 | -€1,428 | -93.4% |
| Financial charges | 65/66B | €2,278 | €2,285 | +€7 | +0.3% |
| Recurring financial charges | 65 | €2,278 | €2,285 | +€7 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €23,234 | €16,216 | -€7,018 | -30.2% |
| Income taxes | 67/77 | €6,214 | €4,505 | -€1,709 | -27.5% |
| Profit (loss) for the period | 9904 | €17,019 | €11,711 | -€5,309 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,019 | €11,711 | -€5,309 | -31.2% |
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 22 October 2026 via checked.be.