Infinite Management: 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.
Infinite Management
Largest movements
- Cash +€327,164
up €327,164 (+241.8%), from €135,278 to €462,442
mainly Net result for the year (+€273,230) and Receivables within one year (+€92,069)
- Receivables within one year -€92,069
down €92,069 (-63.9%), from €144,178 to €52,109
of which Trade receivables: -€75,985
- Reserves +€128,330
up €128,330 (+39.6%), from €324,119 to €452,449
- Other debts +€64,051
up €64,051 (+127.2%), from €50,350 to €114,401
- Tax, wage and social debts +€32,616
up €32,616 (+249.5%), from €13,075 to €45,691
of which Taxes: +€31,916
- Gross operating margin +€302,380
up €302,380 (+336.0%), from €89,996 to €392,376
- Taxes +€73,680
up €73,680 (+410.4%), from €17,954 to €91,633
- Depreciation -€4,872
down €4,872 (-23.2%), from €20,969 to €16,097
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.
Cash bridge derived
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 | €400,189 | €628,807 | +€228,619 | +57.1% |
| Fixed assets | 21/28 | €118,243 | €111,772 | -€6,471 | -5.5% |
| Tangible fixed assets | 22/27 | €117,443 | €111,772 | -€5,671 | -4.8% |
| Land and buildings | 22 | - | €31,957 | +€31,957 | |
| Plant, machinery and equipment | 23 | €4,624 | €1,657 | -€2,967 | -64.2% |
| Furniture and vehicles | 24 | €31,964 | €8,566 | -€23,398 | -73.2% |
| Other tangible fixed assets | 26 | €80,856 | €69,593 | -€11,263 | -13.9% |
| Financial fixed assets | 28 | €800 | - | -€800 | |
| Current assets | 29/58 | €281,945 | €517,035 | +€235,089 | +83.4% |
| Amounts receivable within one year | 40/41 | €144,178 | €52,109 | -€92,069 | -63.9% |
| Trade receivables | 40 | €126,448 | €50,463 | -€75,985 | -60.1% |
| Other amounts receivable | 41 | €17,730 | €1,646 | -€16,084 | -90.7% |
| Cash at bank and in hand | 54/58 | €135,278 | €462,442 | +€327,164 | +241.8% |
| Deferred charges and accrued income | 490/1 | €2,489 | €2,483 | -€6 | -0.2% |
| Total equity and liabilities | 10/49 | €400,189 | €628,807 | +€228,619 | +57.1% |
| Equity | 10/15 | €330,319 | €458,649 | +€128,330 | +38.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €324,119 | €452,449 | +€128,330 | +39.6% |
| Distributable reserves | 133 | €324,119 | €452,449 | +€128,330 | +39.6% |
| Amounts payable | 17/49 | €69,869 | €170,158 | +€100,289 | +143.5% |
| Amounts payable within one year | 42/48 | €69,869 | €170,158 | +€100,289 | +143.5% |
| Trade debts | 44 | €6,445 | €10,067 | +€3,622 | +56.2% |
| Suppliers | 440/4 | €6,445 | €10,067 | +€3,622 | +56.2% |
| Taxes, remuneration and social security | 45 | €13,075 | €45,691 | +€32,616 | +249.5% |
| Taxes | 450/3 | €13,075 | €44,991 | +€31,916 | +244.1% |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Other amounts payable | 47/48 | €50,350 | €114,401 | +€64,051 | +127.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,969 | €16,097 | -€4,872 | -23.2% |
| Other operating charges | 640/8 | €1,647 | €3,575 | +€1,928 | +117.1% |
| Non-recurring operating charges | 66A | - | €151 | +€151 | |
| Gross operating margin | 9900 | €89,996 | €392,376 | +€302,380 | +336.0% |
| Operating profit (loss) | 9901 | €67,381 | €372,553 | +€305,172 | +452.9% |
| Financial income | 75/76B | €622 | €60 | -€561 | -90.3% |
| Recurring financial income | 75 | €622 | €60 | -€561 | -90.3% |
| Financial charges | 65/66B | €9,311 | €7,751 | -€1,560 | -16.8% |
| Recurring financial charges | 65 | €9,311 | €7,751 | -€1,560 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €58,692 | €364,863 | +€306,171 | +521.7% |
| Income taxes | 67/77 | €17,954 | €91,633 | +€73,680 | +410.4% |
| Profit (loss) for the period | 9904 | €40,738 | €273,230 | +€232,492 | +570.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,738 | €273,230 | +€232,492 | +570.7% |
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 12 October 2026 via checked.be.