INFINANCY: 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.
INFINANCY
Largest movements
- Cash +€2,185
up €2,185 (+8.6%), from €25,539 to €27,724
mainly Net result for the year (+€39,559) and Other debts (+€4,590)
- Deferred charges and accrued income +€2,010
up €2,010 (+19.1%), from €10,508 to €12,518
- Receivables within one year -€1,223
down €1,223 (-42.8%), from €2,858 to €1,634
of which Other amounts receivable: -€1,093
- Tangible fixed assets -€697
down €697 (-3.2%), from €21,846 to €21,150
of which Land and buildings: -€686
- Other debts +€4,590
up €4,590 (+15.9%), from €28,900 to €33,490
- Debts after one year -€3,876
down €3,876 (-53.7%), from €7,223 to €3,347
- Tax, wage and social debts +€2,226
up €2,226 (+39.3%), from €5,670 to €7,896
- Trade debts -€974
down €974 (-39.9%), from €2,441 to €1,468
- Gross operating margin +€7,279
up €7,279 (+15.1%), from €48,328 to €55,606
- Taxes +€1,416
up €1,416 (+13.4%), from €10,570 to €11,986
- Financial charges -€569
down €569 (-23.8%), from €2,390 to €1,822
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 | €60,776 | €63,050 | +€2,274 | +3.7% |
| Fixed assets | 21/28 | €21,871 | €21,175 | -€697 | -3.2% |
| Tangible fixed assets | 22/27 | €21,846 | €21,150 | -€697 | -3.2% |
| Land and buildings | 22 | €20,145 | €19,460 | -€686 | -3.4% |
| Plant, machinery and equipment | 23 | €858 | €554 | -€304 | -35.4% |
| Furniture and vehicles | 24 | €843 | €1,136 | +€293 | +34.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €38,905 | €41,876 | +€2,971 | +7.6% |
| Amounts receivable within one year | 40/41 | €2,858 | €1,634 | -€1,223 | -42.8% |
| Trade receivables | 40 | €350 | €220 | -€130 | -37.1% |
| Other amounts receivable | 41 | €2,508 | €1,414 | -€1,093 | -43.6% |
| Cash at bank and in hand | 54/58 | €25,539 | €27,724 | +€2,185 | +8.6% |
| Deferred charges and accrued income | 490/1 | €10,508 | €12,518 | +€2,010 | +19.1% |
| Total equity and liabilities | 10/49 | €60,776 | €63,050 | +€2,274 | +3.7% |
| Equity | 10/15 | €12,814 | €12,974 | +€159 | +1.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,714 | €12,874 | +€159 | +1.3% |
| Amounts payable | 17/49 | €47,961 | €50,077 | +€2,115 | +4.4% |
| Amounts payable after more than one year | 17 | €7,223 | €3,347 | -€3,876 | -53.7% |
| Financial debts | 170/4 | €7,223 | €3,347 | -€3,876 | -53.7% |
| Amounts payable within one year | 42/48 | €40,738 | €46,729 | +€5,991 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €3,727 | €3,876 | +€149 | +4.0% |
| Trade debts | 44 | €2,441 | €1,468 | -€974 | -39.9% |
| Suppliers | 440/4 | €2,441 | €1,468 | -€974 | -39.9% |
| Taxes, remuneration and social security | 45 | €5,670 | €7,896 | +€2,226 | +39.3% |
| Taxes | 450/3 | €5,670 | €7,896 | +€2,226 | +39.3% |
| Other amounts payable | 47/48 | €28,900 | €33,490 | +€4,590 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,471 | +€385 | +35.5% |
| Other operating charges | 640/8 | €681 | €604 | -€77 | -11.3% |
| Non-recurring operating charges | 66A | - | €164 | +€164 | |
| Gross operating margin | 9900 | €48,328 | €55,606 | +€7,279 | +15.1% |
| Operating profit (loss) | 9901 | €46,561 | €53,367 | +€6,805 | +14.6% |
| Financial income | 75/76B | €231 | - | -€231 | |
| Recurring financial income | 75 | €231 | - | -€231 | |
| Financial charges | 65/66B | €2,390 | €1,822 | -€569 | -23.8% |
| Recurring financial charges | 65 | €2,390 | €1,822 | -€569 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €44,402 | €51,545 | +€7,143 | +16.1% |
| Income taxes | 67/77 | €10,570 | €11,986 | +€1,416 | +13.4% |
| Profit (loss) for the period | 9904 | €33,831 | €39,559 | +€5,728 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,831 | €39,559 | +€5,728 | +16.9% |
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 11 October 2026 via checked.be.