INFIMED: 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.
INFIMED
Largest movements
- Receivables within one year +€22,972
up €22,972 (+44.4%), from €51,710 to €74,682
of which Other amounts receivable: +€18,064
- Cash +€18,942
up €18,942 (+153.6%), from €12,333 to €31,275
mainly Net result for the year (+€28,440) and Depreciation (+€8,079)
- Tangible fixed assets -€6,085
down €6,085 (-41.8%), from €14,554 to €8,469
of which Plant, machinery and equipment: -€5,863
- Reserves +€28,000
up €28,000 (+49.5%), from €56,600 to €84,600
- Tax, wage and social debts +€5,410
up €5,410 (+76.0%), from €7,116 to €12,526
- Trade debts +€2,321
new in 2025: €2,321
- Gross operating margin -€1,615
down €1,615 (-2.9%), from €56,471 to €54,856
- Depreciation +€779
up €779 (+10.7%), from €7,300 to €8,079
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 | €79,626 | €115,796 | +€36,170 | +45.4% |
| Fixed assets | 21/28 | €14,554 | €8,469 | -€6,085 | -41.8% |
| Tangible fixed assets | 22/27 | €14,554 | €8,469 | -€6,085 | -41.8% |
| Plant, machinery and equipment | 23 | €11,801 | €5,938 | -€5,863 | -49.7% |
| Furniture and vehicles | 24 | €2,753 | €2,531 | -€222 | -8.1% |
| Current assets | 29/58 | €65,072 | €107,327 | +€42,255 | +64.9% |
| Amounts receivable within one year | 40/41 | €51,710 | €74,682 | +€22,972 | +44.4% |
| Trade receivables | 40 | €8,308 | €13,216 | +€4,908 | +59.1% |
| Other amounts receivable | 41 | €43,402 | €61,466 | +€18,064 | +41.6% |
| Cash at bank and in hand | 54/58 | €12,333 | €31,275 | +€18,942 | +153.6% |
| Deferred charges and accrued income | 490/1 | €1,029 | €1,370 | +€341 | +33.1% |
| Total equity and liabilities | 10/49 | €79,626 | €115,796 | +€36,170 | +45.4% |
| Equity | 10/15 | €72,510 | €100,117 | +€27,607 | +38.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €56,600 | €84,600 | +€28,000 | +49.5% |
| Distributable reserves | 133 | €56,600 | €84,600 | +€28,000 | +49.5% |
| Profit (loss) carried forward | 14 | €3,410 | €3,017 | -€393 | -11.5% |
| Amounts payable | 17/49 | €7,116 | €15,679 | +€8,564 | +120.3% |
| Amounts payable within one year | 42/48 | €7,116 | €15,679 | +€8,564 | +120.3% |
| Trade debts | 44 | - | €2,321 | +€2,321 | |
| Suppliers | 440/4 | - | €2,321 | +€2,321 | |
| Taxes, remuneration and social security | 45 | €7,116 | €12,526 | +€5,410 | +76.0% |
| Taxes | 450/3 | €7,116 | €12,526 | +€5,410 | +76.0% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,300 | €8,079 | +€779 | +10.7% |
| Other operating charges | 640/8 | €903 | €931 | +€28 | +3.1% |
| Gross operating margin | 9900 | €56,471 | €54,856 | -€1,615 | -2.9% |
| Operating profit (loss) | 9901 | €48,267 | €45,846 | -€2,421 | -5.0% |
| Financial income | 75/76B | €7 | €115 | +€108 | +1627.9% |
| Recurring financial income | 75 | €7 | €115 | +€108 | +1627.9% |
| Financial charges | 65/66B | €237 | €228 | -€8 | -3.5% |
| Recurring financial charges | 65 | €237 | €228 | -€8 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €48,037 | €45,733 | -€2,305 | -4.8% |
| Income taxes | 67/77 | €17,369 | €17,293 | -€76 | -0.4% |
| Profit (loss) for the period | 9904 | €30,669 | €28,440 | -€2,229 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,669 | €28,440 | -€2,229 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.