INFILUX: 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.
INFILUX
Largest movements
- Receivables within one year -€515,682
down €515,682 (-77.8%), from €662,454 to €146,772
of which Trade receivables: -€525,263
- Cash +€138,595
up €138,595 (+27.3%), from €506,900 to €645,496
mainly Receivables within one year (+€515,682) and Net result for the year (+€131,086)
- Advances received -€556,740
down €556,740 (-91.4%), from €609,304 to €52,564
- Short-term financial debts +€100,000
up €100,000 (+55.6%), from €180,000 to €280,000
- Reserves +€58,359
up €58,359 (+16.3%), from €358,246 to €416,605
of which Distributable reserves: +€58,359
- Gross operating margin +€144,311
up €144,311 (+54.5%), from €264,835 to €409,146
- Staff costs +€93,897
up €93,897 (+93.4%), from €100,514 to €194,410
- Taxes +€15,099
up €15,099 (+37.7%), from €40,013 to €55,111
- Financial charges +€10,812
up €10,812 (+242%), from €4,475 to €15,287
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 | €1,332,281 | €943,550 | -€388,732 | -29.2% |
| Fixed assets | 21/28 | €161,163 | €149,518 | -€11,645 | -7.2% |
| Tangible fixed assets | 22/27 | €161,048 | €149,403 | -€11,645 | -7.2% |
| Land and buildings | 22 | €80,992 | €76,702 | -€4,290 | -5.3% |
| Plant, machinery and equipment | 23 | €80,056 | €72,701 | -€7,355 | -9.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €1,171,118 | €794,032 | -€377,087 | -32.2% |
| Amounts receivable within one year | 40/41 | €662,454 | €146,772 | -€515,682 | -77.8% |
| Trade receivables | 40 | €660,523 | €135,259 | -€525,263 | -79.5% |
| Other amounts receivable | 41 | €1,931 | €11,513 | +€9,582 | +496% |
| Cash at bank and in hand | 54/58 | €506,900 | €645,496 | +€138,595 | +27.3% |
| Deferred charges and accrued income | 490/1 | €1,764 | €1,764 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,332,281 | €943,550 | -€388,732 | -29.2% |
| Equity | 10/15 | €376,866 | €435,225 | +€58,359 | +15.5% |
| Contributions | 10/11 | €18,620 | €18,620 | = | 0.0% |
| Capital | 10 | - | €18,620 | +€18,620 | |
| Issued capital | 100 | - | €18,620 | +€18,620 | |
| Reserves | 13 | €358,246 | €416,605 | +€58,359 | +16.3% |
| Non-distributable reserves | 130/1 | €350 | €350 | = | 0.0% |
| Reserves not available under the articles | 1311 | €350 | €350 | = | 0.0% |
| Distributable reserves | 133 | €357,896 | €416,255 | +€58,359 | +16.3% |
| Amounts payable | 17/49 | €955,415 | €508,325 | -€447,090 | -46.8% |
| Amounts payable after more than one year | 17 | €68,043 | €61,531 | -€6,512 | -9.6% |
| Financial debts | 170/4 | €68,043 | €61,531 | -€6,512 | -9.6% |
| Amounts payable within one year | 42/48 | €887,372 | €446,794 | -€440,579 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €6,970 | €6,512 | -€458 | -6.6% |
| Financial debts | 43 | €180,000 | €280,000 | +€100,000 | +55.6% |
| Credit institutions | 430/8 | €180,000 | €280,000 | +€100,000 | +55.6% |
| Trade debts | 44 | - | €13,233 | +€13,233 | |
| Suppliers | 440/4 | - | €13,233 | +€13,233 | |
| Advances received on contracts in progress | 46 | €609,304 | €52,564 | -€556,740 | -91.4% |
| Taxes, remuneration and social security | 45 | €29,189 | €27,800 | -€1,389 | -4.8% |
| Taxes | 450/3 | €23,642 | €19,212 | -€4,429 | -18.7% |
| Remuneration and social security | 454/9 | €5,547 | €8,587 | +€3,040 | +54.8% |
| Other amounts payable | 47/48 | €61,910 | €66,685 | +€4,776 | +7.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €100,514 | €194,410 | +€93,897 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,961 | €11,645 | +€684 | +6.2% |
| Other operating charges | 640/8 | €968 | €1,616 | +€648 | +67.0% |
| Gross operating margin | 9900 | €264,835 | €409,146 | +€144,311 | +54.5% |
| Operating profit (loss) | 9901 | €152,392 | €201,475 | +€49,083 | +32.2% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €4,475 | €15,287 | +€10,812 | +242% |
| Recurring financial charges | 65 | €4,475 | €15,287 | +€10,812 | +242% |
| Profit (loss) for the period before taxes | 9903 | €147,918 | €186,197 | +€38,279 | +25.9% |
| Income taxes | 67/77 | €40,013 | €55,111 | +€15,099 | +37.7% |
| Profit (loss) for the period | 9904 | €107,905 | €131,086 | +€23,181 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €107,905 | €131,086 | +€23,181 | +21.5% |
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 14 October 2026 via checked.be.