@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
- Tangible fixed assets +€24,462
up €24,462 (+4.5%), from €549,030 to €573,492
of which Assets under construction and advance payments: +€36,778
- Trade debts +€44,951
up €44,951 (+52.6%), from €85,473 to €130,424
- Debts after one year -€38,323
down €38,323 (-9.7%), from €394,949 to €356,626
- Other debts +€23,204
up €23,204 (+799%), from €2,904 to €26,108
- Gross operating margin -€12,268
down €12,268 (-14.0%), from €87,859 to €75,591
- Financial charges +€4,672
up €4,672 (+64.1%), from €7,287 to €11,959
- Staff costs -€4,327
down €4,327 (-10.7%), from €40,475 to €36,148
- Other operating charges +€2,254
up €2,254 (+129%), from €1,749 to €4,003
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 | €651,701 | €684,702 | +€33,001 | +5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €549,030 | €573,492 | +€24,462 | +4.5% |
| Tangible fixed assets | 22/27 | €549,030 | €573,492 | +€24,462 | +4.5% |
| Land and buildings | 22 | €537,910 | €523,131 | -€14,779 | -2.7% |
| Plant, machinery and equipment | 23 | €689 | €4,066 | +€3,377 | +490% |
| Furniture and vehicles | 24 | €914 | €0 | -€914 | -100% |
| Assets under construction and advance payments | 27 | €9,517 | €46,295 | +€36,778 | +386% |
| Current assets | 29/58 | €102,671 | €111,210 | +€8,539 | +8.3% |
| Stocks and contracts in progress | 3 | €38,825 | €41,575 | +€2,750 | +7.1% |
| Stocks | 30/36 | €38,825 | €41,575 | +€2,750 | +7.1% |
| Amounts receivable within one year | 40/41 | €54,688 | €55,040 | +€351 | +0.6% |
| Trade receivables | 40 | €54,688 | €53,421 | -€1,267 | -2.3% |
| Other amounts receivable | 41 | €0 | €1,618 | +€1,618 | |
| Cash at bank and in hand | 54/58 | €9,158 | €14,596 | +€5,438 | +59.4% |
| Total equity and liabilities | 10/49 | €651,701 | €684,702 | +€33,001 | +5.1% |
| Equity | 10/15 | €119,823 | €121,003 | +€1,180 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,685 | €16,685 | = | 0.0% |
| Distributable reserves | 133 | €16,685 | €16,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,138 | €84,318 | +€1,180 | +1.4% |
| Amounts payable | 17/49 | €531,878 | €563,699 | +€31,821 | +6.0% |
| Amounts payable after more than one year | 17 | €394,949 | €356,626 | -€38,323 | -9.7% |
| Financial debts | 170/4 | €394,949 | €356,626 | -€38,323 | -9.7% |
| Amounts payable within one year | 42/48 | €133,202 | €203,345 | +€70,144 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €35,483 | €38,323 | +€2,840 | +8.0% |
| Trade debts | 44 | €85,473 | €130,424 | +€44,951 | +52.6% |
| Suppliers | 440/4 | €85,473 | €130,424 | +€44,951 | +52.6% |
| Taxes, remuneration and social security | 45 | €9,342 | €8,490 | -€852 | -9.1% |
| Taxes | 450/3 | €654 | €1,788 | +€1,134 | +174% |
| Remuneration and social security | 454/9 | €8,688 | €6,703 | -€1,986 | -22.9% |
| Other amounts payable | 47/48 | €2,904 | €26,108 | +€23,204 | +799% |
| Accrued charges and deferred income | 492/3 | €3,727 | €3,727 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €40,475 | €36,148 | -€4,327 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,091 | €15,954 | -€136 | -0.8% |
| Other operating charges | 640/8 | €1,749 | €4,003 | +€2,254 | +129% |
| Gross operating margin | 9900 | €87,859 | €75,591 | -€12,268 | -14.0% |
| Operating profit (loss) | 9901 | €29,545 | €19,486 | -€10,059 | -34.0% |
| Financial charges | 65/66B | €7,287 | €11,959 | +€4,672 | +64.1% |
| Recurring financial charges | 65 | €7,287 | €11,959 | +€4,672 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €22,258 | €7,527 | -€14,731 | -66.2% |
| Income taxes | 67/77 | €6,613 | €6,347 | -€267 | -4.0% |
| Profit (loss) for the period | 9904 | €15,645 | €1,180 | -€14,465 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,645 | €1,180 | -€14,465 | -92.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.