INFINIT (BELGIUM): 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.
INFINIT (BELGIUM)
Largest movements
- Cash -€295,574
down €295,574 (-33.7%), from €877,997 to €582,422
- Current investments +€269,552
up €269,552 (+71.8%), from €375,220 to €644,772
- Receivables within one year +€113,377
up €113,377 (+158%), from €71,673 to €185,049
of which Other amounts receivable: +€160,383
- Reserves +€96,152
up €96,152 (+9.1%), from €1.1m to €1.2m
of which Distributable reserves: +€98,012
- Tax, wage and social debts -€16,603
down €16,603 (-90.9%), from €18,270 to €1,667
- Gross operating margin -€194,416
down €194,416, from €183,985 to -€10,431
- Taxes -€53,384
down €53,384 (-97.0%), from €55,051 to €1,667
- Financial income +€19,897
up €19,897 (+195%), from €10,202 to €30,099
- Financial charges -€4,026
down €4,026 (-98.4%), from €4,092 to €67
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,324,948 | €1,412,244 | +€87,296 | +6.6% |
| Fixed assets | 21/28 | €58 | - | -€58 | |
| Tangible fixed assets | 22/27 | €58 | - | -€58 | |
| Land and buildings | 22 | €58 | - | -€58 | |
| Current assets | 29/58 | €1,324,890 | €1,412,244 | +€87,354 | +6.6% |
| Amounts receivable within one year | 40/41 | €71,673 | €185,049 | +€113,377 | +158% |
| Trade receivables | 40 | €51,206 | €4,199 | -€47,007 | -91.8% |
| Other amounts receivable | 41 | €20,467 | €180,850 | +€160,383 | +784% |
| Current investments | 50/53 | €375,220 | €644,772 | +€269,552 | +71.8% |
| Cash at bank and in hand | 54/58 | €877,997 | €582,422 | -€295,574 | -33.7% |
| Total equity and liabilities | 10/49 | €1,324,948 | €1,412,244 | +€87,296 | +6.6% |
| Equity | 10/15 | €1,304,819 | €1,400,971 | +€96,152 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,056,243 | €1,152,394 | +€96,152 | +9.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,054,383 | €1,152,394 | +€98,012 | +9.3% |
| Profit (loss) carried forward | 14 | €242,376 | €242,376 | = | 0.0% |
| Amounts payable | 17/49 | €20,129 | €11,273 | -€8,855 | -44.0% |
| Amounts payable within one year | 42/48 | €20,129 | €11,273 | -€8,855 | -44.0% |
| Trade debts | 44 | €891 | €5,170 | +€4,279 | +480% |
| Suppliers | 440/4 | €891 | €5,170 | +€4,279 | +480% |
| Taxes, remuneration and social security | 45 | €18,270 | €1,667 | -€16,603 | -90.9% |
| Taxes | 450/3 | €18,270 | €1,667 | -€16,603 | -90.9% |
| Other amounts payable | 47/48 | €968 | €4,436 | +€3,468 | +358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €29 | -€849 | -96.7% |
| Other operating charges | 640/8 | €1,465 | €1,232 | -€233 | -15.9% |
| Gross operating margin | 9900 | €183,985 | -€10,431 | -€194,416 | |
| Operating profit (loss) | 9901 | €181,642 | -€11,692 | -€193,334 | |
| Financial income | 75/76B | €10,202 | €30,099 | +€19,897 | +195% |
| Recurring financial income | 75 | €10,202 | €30,099 | +€19,897 | +195% |
| Financial charges | 65/66B | €4,092 | €67 | -€4,026 | -98.4% |
| Recurring financial charges | 65 | €4,092 | €67 | -€4,026 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €187,751 | €18,341 | -€169,410 | -90.2% |
| Income taxes | 67/77 | €55,051 | €1,667 | -€53,384 | -97.0% |
| Profit (loss) for the period | 9904 | €132,700 | €16,673 | -€116,027 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,700 | €16,673 | -€116,027 | -87.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.