Infinitech: 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.
Infinitech
Largest movements
- Cash +€159,765
up €159,765 (+205%), from €77,956 to €237,721
mainly Net result for the year (+€210,715) and Tax, wage and social debts (+€68,806)
- Receivables within one year +€117,423
up €117,423 (+986%), from €11,910 to €129,333
- Tangible fixed assets +€22,288
up €22,288 (+50.3%), from €44,354 to €66,642
of which Furniture and vehicles: +€14,013
- Reserves +€210,715
up €210,715 (+235%), from €89,533 to €300,248
- Tax, wage and social debts +€68,806
up €68,806 (+215%), from €31,986 to €100,792
- Trade debts +€22,044
up €22,044 (+173%), from €12,707 to €34,751
- Gross operating margin +€208,199
up €208,199 (+162%), from €128,878 to €337,076
- Staff costs +€36,461
new in 2025: €36,461
- Taxes +€30,899
up €30,899 (+84.8%), from €36,421 to €67,320
- Depreciation +€19,008
up €19,008 (+855%), from €2,224 to €21,232
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 | €137,108 | €437,790 | +€300,682 | +219% |
| Fixed assets | 21/28 | €44,354 | €67,142 | +€22,788 | +51.4% |
| Tangible fixed assets | 22/27 | €44,354 | €66,642 | +€22,288 | +50.3% |
| Plant, machinery and equipment | 23 | €5,074 | €13,349 | +€8,275 | +163% |
| Furniture and vehicles | 24 | €39,280 | €53,293 | +€14,013 | +35.7% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €92,754 | €370,648 | +€277,894 | +300% |
| Amounts receivable within one year | 40/41 | €11,910 | €129,333 | +€117,423 | +986% |
| Trade receivables | 40 | €11,910 | €129,333 | +€117,423 | +986% |
| Cash at bank and in hand | 54/58 | €77,956 | €237,721 | +€159,765 | +205% |
| Deferred charges and accrued income | 490/1 | €2,888 | €3,594 | +€706 | +24.5% |
| Total equity and liabilities | 10/49 | €137,108 | €437,790 | +€300,682 | +219% |
| Equity | 10/15 | €91,533 | €302,248 | +€210,715 | +230% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €89,533 | €300,248 | +€210,715 | +235% |
| Distributable reserves | 133 | €89,533 | €300,248 | +€210,715 | +235% |
| Amounts payable | 17/49 | €45,575 | €135,542 | +€89,968 | +197% |
| Amounts payable within one year | 42/48 | €45,575 | €135,542 | +€89,968 | +197% |
| Trade debts | 44 | €12,707 | €34,751 | +€22,044 | +173% |
| Suppliers | 440/4 | €12,707 | €34,751 | +€22,044 | +173% |
| Taxes, remuneration and social security | 45 | €31,986 | €100,792 | +€68,806 | +215% |
| Taxes | 450/3 | €31,986 | €100,792 | +€68,806 | +215% |
| Other amounts payable | 47/48 | €882 | - | -€882 | |
| Remuneration, social security and pensions | 62 | - | €36,461 | +€36,461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,224 | €21,232 | +€19,008 | +855% |
| Other operating charges | 640/8 | €537 | €487 | -€50 | -9.3% |
| Gross operating margin | 9900 | €128,878 | €337,076 | +€208,199 | +162% |
| Operating profit (loss) | 9901 | €126,116 | €278,896 | +€152,780 | +121% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €163 | €888 | +€726 | +447% |
| Recurring financial charges | 65 | €163 | €888 | +€726 | +447% |
| Profit (loss) for the period before taxes | 9903 | €125,954 | €278,034 | +€152,081 | +121% |
| Income taxes | 67/77 | €36,421 | €67,320 | +€30,899 | +84.8% |
| Profit (loss) for the period | 9904 | €89,533 | €210,715 | +€121,181 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €89,533 | €210,715 | +€121,181 | +135% |
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 17 October 2026 via checked.be.