INFIMO: 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.
INFIMO
Largest movements
- Tangible fixed assets +€123,273
up €123,273 (+682%), from €18,074 to €141,347
of which Land and buildings: +€126,095
- Cash -€39,658
down €39,658 (-87.9%), from €45,120 to €5,462
mainly Investment in fixed assets (net) (-€133,409) and Trade debts (-€1,314)
- Receivables within one year -€9,029
down €9,029 (-47.0%), from €19,203 to €10,174
- Debts after one year +€44,493
up €44,493 (+362%), from €12,305 to €56,798
- Profit (loss) carried forward +€23,959
up €23,959 (+52.0%), from €46,104 to €70,063
- Tax, wage and social debts +€3,254
up €3,254 (+41.4%), from €7,851 to €11,105
- Current portion of long-term debt +€2,924
new in 2025: €2,924
- Depreciation +€4,608
up €4,608 (+83.4%), from €5,528 to €10,136
- Taxes -€4,597
down €4,597 (-58.6%), from €7,851 to €3,254
- Gross operating margin -€4,393
down €4,393 (-9.8%), from €44,625 to €40,232
- Financial charges +€1,238
up €1,238 (+81.3%), from €1,522 to €2,760
- Other operating charges +€746
up €746 (+126%), from €590 to €1,336
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 | €84,226 | €157,978 | +€73,752 | +87.6% |
| Fixed assets | 21/28 | €18,074 | €141,347 | +€123,273 | +682% |
| Tangible fixed assets | 22/27 | €18,074 | €141,347 | +€123,273 | +682% |
| Land and buildings | 22 | - | €126,095 | +€126,095 | |
| Plant, machinery and equipment | 23 | - | €454 | +€454 | |
| Furniture and vehicles | 24 | €18,074 | €14,798 | -€3,276 | -18.1% |
| Current assets | 29/58 | €66,152 | €16,631 | -€49,521 | -74.9% |
| Amounts receivable within one year | 40/41 | €19,203 | €10,174 | -€9,029 | -47.0% |
| Trade receivables | 40 | €19,203 | €10,174 | -€9,029 | -47.0% |
| Cash at bank and in hand | 54/58 | €45,120 | €5,462 | -€39,658 | -87.9% |
| Deferred charges and accrued income | 490/1 | €1,829 | €995 | -€834 | -45.6% |
| Total equity and liabilities | 10/49 | €84,226 | €157,978 | +€73,752 | +87.6% |
| Equity | 10/15 | €56,104 | €80,063 | +€23,959 | +42.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,104 | €70,063 | +€23,959 | +52.0% |
| Amounts payable | 17/49 | €28,122 | €77,915 | +€49,793 | +177% |
| Amounts payable after more than one year | 17 | €12,305 | €56,798 | +€44,493 | +362% |
| Financial debts | 170/4 | €12,305 | €56,798 | +€44,493 | +362% |
| Amounts payable within one year | 42/48 | €15,817 | €21,117 | +€5,300 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,924 | +€2,924 | |
| Financial debts | 43 | €5,100 | €5,456 | +€356 | +7.0% |
| Credit institutions | 430/8 | €5,100 | €5,456 | +€356 | +7.0% |
| Trade debts | 44 | €2,527 | €1,213 | -€1,314 | -52.0% |
| Suppliers | 440/4 | €2,527 | €1,213 | -€1,314 | -52.0% |
| Taxes, remuneration and social security | 45 | €7,851 | €11,105 | +€3,254 | +41.4% |
| Taxes | 450/3 | €7,851 | €11,105 | +€3,254 | +41.4% |
| Other amounts payable | 47/48 | €339 | €419 | +€80 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,528 | €10,136 | +€4,608 | +83.4% |
| Other operating charges | 640/8 | €590 | €1,336 | +€746 | +126% |
| Non-recurring operating charges | 66A | €260 | - | -€260 | |
| Gross operating margin | 9900 | €44,625 | €40,232 | -€4,393 | -9.8% |
| Operating profit (loss) | 9901 | €38,247 | €28,760 | -€9,487 | -24.8% |
| Financial income | 75/76B | €1,342 | €1,213 | -€129 | -9.6% |
| Recurring financial income | 75 | €1,342 | €1,213 | -€129 | -9.6% |
| Financial charges | 65/66B | €1,522 | €2,760 | +€1,238 | +81.3% |
| Recurring financial charges | 65 | €1,522 | €2,760 | +€1,238 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €38,067 | €27,213 | -€10,854 | -28.5% |
| Income taxes | 67/77 | €7,851 | €3,254 | -€4,597 | -58.6% |
| Profit (loss) for the period | 9904 | €30,216 | €23,959 | -€6,257 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,216 | €23,959 | -€6,257 | -20.7% |
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.