INFINIMO: 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.
INFINIMO
Largest movements
- Receivables within one year +€81,578
up €81,578 (+41.7%), from €195,652 to €277,230
of which Other amounts receivable: +€48,767
- Tangible fixed assets -€19,547
down €19,547 (-12.7%), from €154,144 to €134,596
of which Land and buildings: -€15,133
- Deferred charges and accrued income +€7,343
up €7,343 (+99.2%), from €7,401 to €14,744
- Other debts +€75,488
up €75,488 (+212%), from €35,604 to €111,092
- Trade debts +€61,550
up €61,550 (+37.7%), from €163,196 to €224,746
- Reserves -€23,996
down €23,996 (-79.6%), from €30,146 to €6,150
of which Distributable reserves: -€23,996
- Current portion of long-term debt -€20,283
down €20,283 (-65.4%), from €30,994 to €10,712
- Debts after one year -€10,712
no longer reported in 2025 (was €10,712)
- Gross operating margin +€33,114
up €33,114 (+14.0%), from €237,045 to €270,160
- Taxes +€13,763
up €13,763 (+77.9%), from €17,663 to €31,426
- Other operating charges -€13,715
down €13,715 (-87.6%), from €15,655 to €1,940
- Depreciation -€5,150
down €5,150 (-19.8%), from €26,058 to €20,907
- Financial income -€5,150
down €5,150 (-60.0%), from €8,584 to €3,434
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 | €398,877 | €470,659 | +€71,782 | +18.0% |
| Fixed assets | 21/28 | €158,159 | €137,251 | -€20,907 | -13.2% |
| Intangible fixed assets | 21 | €4,015 | €2,655 | -€1,360 | -33.9% |
| Tangible fixed assets | 22/27 | €154,144 | €134,596 | -€19,547 | -12.7% |
| Land and buildings | 22 | €139,730 | €124,598 | -€15,133 | -10.8% |
| Plant, machinery and equipment | 23 | €13,653 | €9,746 | -€3,907 | -28.6% |
| Furniture and vehicles | 24 | €760 | €253 | -€508 | -66.8% |
| Current assets | 29/58 | €240,718 | €333,408 | +€92,690 | +38.5% |
| Amounts receivable within one year | 40/41 | €195,652 | €277,230 | +€81,578 | +41.7% |
| Trade receivables | 40 | €123,123 | €155,934 | +€32,811 | +26.6% |
| Other amounts receivable | 41 | €72,529 | €121,296 | +€48,767 | +67.2% |
| Cash at bank and in hand | 54/58 | €37,665 | €41,434 | +€3,769 | +10.0% |
| Deferred charges and accrued income | 490/1 | €7,401 | €14,744 | +€7,343 | +99.2% |
| Total equity and liabilities | 10/49 | €398,877 | €470,659 | +€71,782 | +18.0% |
| Equity | 10/15 | €91,646 | €67,650 | -€23,996 | -26.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €30,146 | €6,150 | -€23,996 | -79.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €23,996 | - | -€23,996 | |
| Amounts payable | 17/49 | €307,231 | €403,009 | +€95,778 | +31.2% |
| Amounts payable after more than one year | 17 | €10,712 | - | -€10,712 | |
| Financial debts | 170/4 | €10,712 | - | -€10,712 | |
| Amounts payable within one year | 42/48 | €283,929 | €393,758 | +€109,829 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €30,994 | €10,712 | -€20,283 | -65.4% |
| Financial debts | 43 | €2,548 | - | -€2,548 | |
| Credit institutions | 430/8 | €2,548 | - | -€2,548 | |
| Trade debts | 44 | €163,196 | €224,746 | +€61,550 | +37.7% |
| Suppliers | 440/4 | €163,196 | €224,746 | +€61,550 | +37.7% |
| Advances received on contracts in progress | 46 | €27,629 | €27,629 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,957 | €19,578 | -€4,379 | -18.3% |
| Taxes | 450/3 | €3,991 | €4,944 | +€953 | +23.9% |
| Remuneration and social security | 454/9 | €19,966 | €14,634 | -€5,332 | -26.7% |
| Other amounts payable | 47/48 | €35,604 | €111,092 | +€75,488 | +212% |
| Accrued charges and deferred income | 492/3 | €12,590 | €9,252 | -€3,339 | -26.5% |
| Remuneration, social security and pensions | 62 | €131,550 | €129,180 | -€2,370 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,058 | €20,907 | -€5,150 | -19.8% |
| Other operating charges | 640/8 | €15,655 | €1,940 | -€13,715 | -87.6% |
| Non-recurring operating charges | 66A | €635 | - | -€635 | |
| Gross operating margin | 9900 | €237,045 | €270,160 | +€33,114 | +14.0% |
| Operating profit (loss) | 9901 | €63,148 | €118,132 | +€54,984 | +87.1% |
| Financial income | 75/76B | €8,584 | €3,434 | -€5,150 | -60.0% |
| Recurring financial income | 75 | €8,584 | €3,434 | -€5,150 | -60.0% |
| Financial charges | 65/66B | €6,673 | €2,893 | -€3,780 | -56.6% |
| Recurring financial charges | 65 | €6,673 | €2,893 | -€3,780 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €65,059 | €118,673 | +€53,614 | +82.4% |
| Income taxes | 67/77 | €17,663 | €31,426 | +€13,763 | +77.9% |
| Profit (loss) for the period | 9904 | €47,395 | €87,246 | +€39,851 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,395 | €87,246 | +€39,851 | +84.1% |
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 14 October 2026 via checked.be.