INFINITY: 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.
INFINITY
Largest movements
- Receivables within one year -€38,007
down €38,007 (-64.7%), from €58,719 to €20,712
of which Trade receivables: -€25,415
- Tangible fixed assets +€15,032
up €15,032 (+41.1%), from €36,557 to €51,589
- Cash +€6,097
up €6,097 (+38.9%), from €15,686 to €21,783
mainly Receivables within one year (+€38,007) and Depreciation (+€20,361)
- Deferred charges and accrued income -€2,663
down €2,663 (-76.7%), from €3,471 to €808
- Trade debts -€33,959
down €33,959 (-90.3%), from €37,612 to €3,653
- Tax, wage and social debts +€17,975
up €17,975 (+391%), from €4,600 to €22,575
- Current portion of long-term debt -€12,271
down €12,271 (-44.2%), from €27,760 to €15,489
- Debts after one year +€9,075
up €9,075 (+113%), from €8,031 to €17,106
- Other operating charges +€15,271
up €15,271 (+533%), from €2,864 to €18,135
- Gross operating margin +€7,440
up €7,440 (+19.7%), from €37,754 to €45,194
- Depreciation +€7,004
up €7,004 (+52.4%), from €13,357 to €20,361
- Taxes -€1,819
down €1,819 (-42.4%), from €4,295 to €2,476
- Financial charges +€1,560
up €1,560 (+46.8%), from €3,332 to €4,892
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 | €144,433 | €124,892 | -€19,541 | -13.5% |
| Fixed assets | 21/28 | €36,557 | €51,589 | +€15,032 | +41.1% |
| Tangible fixed assets | 22/27 | €36,557 | €51,589 | +€15,032 | +41.1% |
| Furniture and vehicles | 24 | €36,557 | €51,589 | +€15,032 | +41.1% |
| Current assets | 29/58 | €107,876 | €73,303 | -€34,573 | -32.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,719 | €20,712 | -€38,007 | -64.7% |
| Trade receivables | 40 | €42,886 | €17,471 | -€25,415 | -59.3% |
| Other amounts receivable | 41 | €15,833 | €3,241 | -€12,592 | -79.5% |
| Cash at bank and in hand | 54/58 | €15,686 | €21,783 | +€6,097 | +38.9% |
| Deferred charges and accrued income | 490/1 | €3,471 | €808 | -€2,663 | -76.7% |
| Total equity and liabilities | 10/49 | €144,433 | €124,892 | -€19,541 | -13.5% |
| Equity | 10/15 | €66,430 | €66,069 | -€361 | -0.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,374 | €58,013 | -€361 | -0.6% |
| Amounts payable | 17/49 | €78,003 | €58,823 | -€19,180 | -24.6% |
| Amounts payable after more than one year | 17 | €8,031 | €17,106 | +€9,075 | +113% |
| Financial debts | 170/4 | €8,031 | €17,106 | +€9,075 | +113% |
| Amounts payable within one year | 42/48 | €69,972 | €41,717 | -€28,255 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €27,760 | €15,489 | -€12,271 | -44.2% |
| Trade debts | 44 | €37,612 | €3,653 | -€33,959 | -90.3% |
| Suppliers | 440/4 | €37,612 | €3,653 | -€33,959 | -90.3% |
| Taxes, remuneration and social security | 45 | €4,600 | €22,575 | +€17,975 | +391% |
| Taxes | 450/3 | €4,600 | €22,575 | +€17,975 | +391% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,357 | €20,361 | +€7,004 | +52.4% |
| Other operating charges | 640/8 | €2,864 | €18,135 | +€15,271 | +533% |
| Non-recurring operating charges | 66A | €266 | - | -€266 | |
| Gross operating margin | 9900 | €37,754 | €45,194 | +€7,440 | +19.7% |
| Operating profit (loss) | 9901 | €21,267 | €6,698 | -€14,569 | -68.5% |
| Financial income | 75/76B | €103 | €309 | +€206 | +200% |
| Recurring financial income | 75 | €103 | €309 | +€206 | +200% |
| Financial charges | 65/66B | €3,332 | €4,892 | +€1,560 | +46.8% |
| Recurring financial charges | 65 | €3,332 | €4,892 | +€1,560 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €18,038 | €2,115 | -€15,923 | -88.3% |
| Income taxes | 67/77 | €4,295 | €2,476 | -€1,819 | -42.4% |
| Profit (loss) for the period | 9904 | €13,743 | -€361 | -€14,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,743 | -€361 | -€14,104 |
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.