INFINEST: 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.
INFINEST
Largest movements
- Receivables within one year +€13,828
up €13,828 (+54.8%), from €25,227 to €39,056
of which Other amounts receivable: +€17,108
- Cash +€1,534
up €1,534 (+50.1%), from €3,061 to €4,595
mainly Net result for the year (+€12,879) and Trade debts (+€8,985)
- Tangible fixed assets -€577
down €577 (-51.1%), from €1,129 to €553
- Reserves +€12,000
new in 2026: €12,000
- Trade debts +€8,985
up €8,985 (+578.0%), from €1,555 to €10,540
- Other debts -€4,409
no longer reported in 2026 (was €4,409)
- Tax, wage and social debts -€2,670
down €2,670 (-19.3%), from €13,870 to €11,200
- Profit (loss) carried forward +€879
up €879 (+1.9%), from -€46,330 to -€45,450
- Taxes -€5,731
down €5,731 (-31.0%), from €18,478 to €12,746
- Gross operating margin +€2,621
up €2,621 (+10.7%), from €24,408 to €27,029
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,504 | €50,290 | +€14,786 | +41.6% |
| Fixed assets | 21/28 | €7,216 | €6,639 | -€577 | -8.0% |
| Tangible fixed assets | 22/27 | €1,129 | €553 | -€577 | -51.1% |
| Furniture and vehicles | 24 | €1,129 | €553 | -€577 | -51.1% |
| Financial fixed assets | 28 | €6,086 | €6,086 | = | 0.0% |
| Current assets | 29/58 | €28,289 | €43,651 | +€15,362 | +54.3% |
| Amounts receivable within one year | 40/41 | €25,227 | €39,056 | +€13,828 | +54.8% |
| Trade receivables | 40 | €17,220 | €13,940 | -€3,280 | -19.0% |
| Other amounts receivable | 41 | €8,007 | €25,116 | +€17,108 | +213.7% |
| Cash at bank and in hand | 54/58 | €3,061 | €4,595 | +€1,534 | +50.1% |
| Total equity and liabilities | 10/49 | €35,504 | €50,290 | +€14,786 | +41.6% |
| Equity | 10/15 | €15,670 | €28,550 | +€12,879 | +82.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | - | €12,000 | +€12,000 | |
| Distributable reserves | 133 | - | €12,000 | +€12,000 | |
| Profit (loss) carried forward | 14 | -€46,330 | -€45,450 | +€879 | +1.9% |
| Amounts payable | 17/49 | €19,834 | €21,740 | +€1,906 | +9.6% |
| Amounts payable within one year | 42/48 | €19,834 | €21,740 | +€1,906 | +9.6% |
| Trade debts | 44 | €1,555 | €10,540 | +€8,985 | +578.0% |
| Suppliers | 440/4 | €1,555 | €10,540 | +€8,985 | +578.0% |
| Taxes, remuneration and social security | 45 | €13,870 | €11,200 | -€2,670 | -19.3% |
| Taxes | 450/3 | €13,870 | €11,200 | -€2,670 | -19.3% |
| Other amounts payable | 47/48 | €4,409 | - | -€4,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €577 | €577 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €401 | +€14 | +3.6% |
| Gross operating margin | 9900 | €24,408 | €27,029 | +€2,621 | +10.7% |
| Operating profit (loss) | 9901 | €23,444 | €26,051 | +€2,607 | +11.1% |
| Financial charges | 65/66B | €680 | €426 | -€254 | -37.4% |
| Recurring financial charges | 65 | €680 | €426 | -€254 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €22,764 | €25,626 | +€2,862 | +12.6% |
| Income taxes | 67/77 | €18,478 | €12,746 | -€5,731 | -31.0% |
| Profit (loss) for the period | 9904 | €4,287 | €12,879 | +€8,593 | +200.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,287 | €12,879 | +€8,593 | +200.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.