INFINIA & PARTNERS: 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.
INFINIA & PARTNERS
Largest movements
- Cash -€470,207
down €470,207 (-77.3%), from €608,038 to €137,831
mainly Other debts (-€170,887) and Debts after one year (-€157,428)
- Receivables within one year +€45,746
up €45,746 (+29.7%), from €154,046 to €199,792
of which Other amounts receivable: +€33,681
- Other debts -€170,887
down €170,887 (-93.0%), from €183,787 to €12,900
- Debts after one year -€157,428
down €157,428 (-26.2%), from €601,741 to €444,313
of which Financial debts: -€157,428
- Profit (loss) carried forward -€84,636
down €84,636 (-16.6%), from €510,995 to €426,359
- Reserves -€35,600
down €35,600 (-17.4%), from €204,762 to €169,162
of which Distributable reserves: -€35,600
- Gross operating margin -€627,020
down €627,020, from €617,379 to -€9,642
- Taxes -€110,238
down €110,238 (-99.9%), from €110,395 to €157
- Staff costs +€14,221
up €14,221 (+148%), from €9,601 to €23,822
- Depreciation +€12,743
up €12,743 (+22.9%), from €55,557 to €68,300
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 | €1,702,194 | €1,260,146 | -€442,048 | -26.0% |
| Fixed assets | 21/28 | €771,798 | €769,461 | -€2,337 | -0.3% |
| Tangible fixed assets | 22/27 | €771,798 | €769,461 | -€2,337 | -0.3% |
| Land and buildings | 22 | €555,889 | €543,573 | -€12,317 | -2.2% |
| Plant, machinery and equipment | 23 | €213,301 | €188,905 | -€24,396 | -11.4% |
| Furniture and vehicles | 24 | €2,608 | €36,984 | +€34,376 | +1,318% |
| Current assets | 29/58 | €930,397 | €490,685 | -€439,712 | -47.3% |
| Amounts receivable within one year | 40/41 | €154,046 | €199,792 | +€45,746 | +29.7% |
| Trade receivables | 40 | €46,950 | €59,016 | +€12,065 | +25.7% |
| Other amounts receivable | 41 | €107,095 | €140,776 | +€33,681 | +31.4% |
| Current investments | 50/53 | €153,062 | €153,062 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €608,038 | €137,831 | -€470,207 | -77.3% |
| Deferred charges and accrued income | 490/1 | €15,251 | - | -€15,251 | |
| Total equity and liabilities | 10/49 | €1,702,194 | €1,260,146 | -€442,048 | -26.0% |
| Equity | 10/15 | €734,357 | €614,121 | -€120,236 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,762 | €169,162 | -€35,600 | -17.4% |
| Non-distributable reserves | 130/1 | €153,062 | €153,062 | = | 0.0% |
| Reserves not available under the articles | 1311 | €153,062 | €153,062 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,240 | €14,240 | = | 0.0% |
| Distributable reserves | 133 | €37,460 | €1,860 | -€35,600 | -95.0% |
| Profit (loss) carried forward | 14 | €510,995 | €426,359 | -€84,636 | -16.6% |
| Amounts payable | 17/49 | €967,837 | €646,025 | -€321,812 | -33.3% |
| Amounts payable after more than one year | 17 | €601,741 | €444,313 | -€157,428 | -26.2% |
| Financial debts | 170/4 | €600,541 | €443,113 | -€157,428 | -26.2% |
| Other amounts payable | 178/9 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €359,626 | €195,243 | -€164,384 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €59,868 | €61,236 | +€1,368 | +2.3% |
| Trade debts | 44 | €76,932 | €79,691 | +€2,759 | +3.6% |
| Suppliers | 440/4 | €76,932 | €79,691 | +€2,759 | +3.6% |
| Taxes, remuneration and social security | 45 | €39,039 | €41,416 | +€2,377 | +6.1% |
| Taxes | 450/3 | €36,395 | €34,837 | -€1,558 | -4.3% |
| Remuneration and social security | 454/9 | €2,644 | €6,579 | +€3,935 | +149% |
| Other amounts payable | 47/48 | €183,787 | €12,900 | -€170,887 | -93.0% |
| Accrued charges and deferred income | 492/3 | €6,470 | €6,470 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €9,601 | €23,822 | +€14,221 | +148% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,557 | €68,300 | +€12,743 | +22.9% |
| Other operating charges | 640/8 | €7,653 | €7,069 | -€584 | -7.6% |
| Gross operating margin | 9900 | €617,379 | -€9,642 | -€627,020 | |
| Operating profit (loss) | 9901 | €544,567 | -€108,833 | -€653,400 | |
| Financial income | 75/76B | €107 | €1,395 | +€1,288 | +1,201% |
| Recurring financial income | 75 | €107 | €1,395 | +€1,288 | +1,201% |
| Financial charges | 65/66B | €12,525 | €12,642 | +€117 | +0.9% |
| Recurring financial charges | 65 | €12,525 | €11,872 | -€653 | -5.2% |
| Non-recurring financial charges | 66B | - | €770 | +€770 | |
| Profit (loss) for the period before taxes | 9903 | €532,150 | -€120,080 | -€652,229 | |
| Income taxes | 67/77 | €110,395 | €157 | -€110,238 | -99.9% |
| Profit (loss) for the period | 9904 | €421,754 | -€120,236 | -€541,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €421,754 | -€120,236 | -€541,991 |
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 23 October 2026 via checked.be.