INFINETTE: 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.
INFINETTE
Largest movements
- Cash -€9,537
down €9,537 (-33.0%), from €28,887 to €19,350
mainly Net result for the year (-€14,620) and Tax, wage and social debts (-€1,650)
- Receivables within one year -€7,540
down €7,540 (-12.1%), from €62,181 to €54,642
of which Trade receivables: -€9,776
- Tangible fixed assets -€1,377
down €1,377 (-27.6%), from €4,995 to €3,618
- Profit (loss) carried forward -€14,620
down €14,620 (-76.9%), from €19,001 to €4,381
- Tax, wage and social debts -€1,650
down €1,650 (-28.1%), from €5,874 to €4,225
- Debts after one year -€982
no longer reported in 2025 (was €982)
- Gross operating margin -€35,262
down €35,262, from €21,198 to -€14,064
- Depreciation -€8,421
down €8,421 (-85.9%), from €9,799 to €1,377
- Taxes -€3,829
down €3,829 (-96.5%), from €3,967 to €138
- Financial income +€2,736
up €2,736 (+1,418%), from €193 to €2,929
- Other operating charges -€1,584
down €1,584 (-52.5%), from €3,017 to €1,433
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 | €96,149 | €77,778 | -€18,371 | -19.1% |
| Fixed assets | 21/28 | €4,995 | €3,618 | -€1,377 | -27.6% |
| Tangible fixed assets | 22/27 | €4,995 | €3,618 | -€1,377 | -27.6% |
| Furniture and vehicles | 24 | €4,995 | €3,618 | -€1,377 | -27.6% |
| Current assets | 29/58 | €91,153 | €74,160 | -€16,994 | -18.6% |
| Amounts receivable within one year | 40/41 | €62,181 | €54,642 | -€7,540 | -12.1% |
| Trade receivables | 40 | €13,293 | €3,516 | -€9,776 | -73.5% |
| Other amounts receivable | 41 | €48,889 | €51,125 | +€2,237 | +4.6% |
| Cash at bank and in hand | 54/58 | €28,887 | €19,350 | -€9,537 | -33.0% |
| Deferred charges and accrued income | 490/1 | €85 | €168 | +€83 | +98.0% |
| Total equity and liabilities | 10/49 | €96,149 | €77,778 | -€18,371 | -19.1% |
| Equity | 10/15 | €85,085 | €70,465 | -€14,620 | -17.2% |
| Contributions | 10/11 | €30,850 | €30,850 | = | 0.0% |
| Contributions outside capital | 11 | €30,850 | €30,850 | = | 0.0% |
| Other | 1109/19 | €30,850 | €30,850 | = | 0.0% |
| Reserves | 13 | €35,234 | €35,234 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,085 | €3,085 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,085 | €3,085 | = | 0.0% |
| Distributable reserves | 133 | €32,149 | €32,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,001 | €4,381 | -€14,620 | -76.9% |
| Amounts payable | 17/49 | €11,064 | €7,313 | -€3,751 | -33.9% |
| Amounts payable after more than one year | 17 | €982 | - | -€982 | |
| Financial debts | 170/4 | €982 | - | -€982 | |
| Amounts payable within one year | 42/48 | €10,082 | €7,313 | -€2,769 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €1,740 | €982 | -€758 | -43.5% |
| Trade debts | 44 | €2,467 | €2,106 | -€362 | -14.7% |
| Suppliers | 440/4 | €2,467 | €2,106 | -€362 | -14.7% |
| Taxes, remuneration and social security | 45 | €5,874 | €4,225 | -€1,650 | -28.1% |
| Taxes | 450/3 | €5,874 | €4,225 | -€1,650 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,799 | €1,377 | -€8,421 | -85.9% |
| Other operating charges | 640/8 | €3,017 | €1,433 | -€1,584 | -52.5% |
| Gross operating margin | 9900 | €21,198 | -€14,064 | -€35,262 | |
| Operating profit (loss) | 9901 | €8,382 | -€16,875 | -€25,256 | |
| Financial income | 75/76B | €193 | €2,929 | +€2,736 | +1,418% |
| Recurring financial income | 75 | €193 | €2,929 | +€2,736 | +1,418% |
| Financial charges | 65/66B | €787 | €537 | -€250 | -31.8% |
| Recurring financial charges | 65 | €787 | €537 | -€250 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €7,788 | -€14,482 | -€22,270 | |
| Income taxes | 67/77 | €3,967 | €138 | -€3,829 | -96.5% |
| Profit (loss) for the period | 9904 | €3,821 | -€14,620 | -€18,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,821 | -€14,620 | -€18,441 |
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 15 October 2026 via checked.be.