INFINITY 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.
INFINITY BELGIUM
Largest movements
- Deferred charges and accrued income +€135,449
up €135,449 (+2927.4%), from €4,627 to €140,076
- Cash +€44,544
up €44,544 (+235.1%), from €18,947 to €63,492
mainly Advances received (+€124,644) and Trade debts (+€31,015)
- Receivables within one year -€30,544
down €30,544 (-59.7%), from €51,146 to €20,603
of which Trade receivables: -€42,273
- Advances received +€124,644
up €124,644 (+641.0%), from €19,444 to €144,088
- Trade debts +€31,015
up €31,015 (+151.9%), from €20,414 to €51,429
- Profit (loss) carried forward -€4,060
down €4,060 (-27.0%), from -€15,051 to -€19,111
- Tax, wage and social debts -€2,816
down €2,816 (-39.2%), from €7,187 to €4,371
of which Remuneration and social security: -€3,141
- Gross operating margin -€36,256
down €36,256 (-74.8%), from €48,464 to €12,208
- Staff costs -€16,707
down €16,707 (-52.9%), from €31,592 to €14,885
- Taxes -€4,929
down €4,929 (-90.0%), from €5,479 to €550
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 | €76,994 | €225,778 | +€148,784 | +193.2% |
| Fixed assets | 21/28 | €2,273 | €1,607 | -€666 | -29.3% |
| Tangible fixed assets | 22/27 | €2,273 | €1,607 | -€666 | -29.3% |
| Furniture and vehicles | 24 | €591 | €439 | -€152 | -25.7% |
| Leasing and similar rights | 25 | €1,682 | €1,168 | -€514 | -30.5% |
| Current assets | 29/58 | €74,721 | €224,170 | +€149,449 | +200.0% |
| Amounts receivable within one year | 40/41 | €51,146 | €20,603 | -€30,544 | -59.7% |
| Trade receivables | 40 | €45,200 | €2,926 | -€42,273 | -93.5% |
| Other amounts receivable | 41 | €5,947 | €17,676 | +€11,730 | +197.2% |
| Cash at bank and in hand | 54/58 | €18,947 | €63,492 | +€44,544 | +235.1% |
| Deferred charges and accrued income | 490/1 | €4,627 | €140,076 | +€135,449 | +2927.4% |
| Total equity and liabilities | 10/49 | €76,994 | €225,778 | +€148,784 | +193.2% |
| Equity | 10/15 | €29,949 | €25,889 | -€4,060 | -13.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,051 | -€19,111 | -€4,060 | -27.0% |
| Amounts payable | 17/49 | €47,045 | €199,888 | +€152,843 | +324.9% |
| Amounts payable within one year | 42/48 | €47,045 | €199,888 | +€152,843 | +324.9% |
| Trade debts | 44 | €20,414 | €51,429 | +€31,015 | +151.9% |
| Suppliers | 440/4 | €20,414 | €51,429 | +€31,015 | +151.9% |
| Advances received on contracts in progress | 46 | €19,444 | €144,088 | +€124,644 | +641.0% |
| Taxes, remuneration and social security | 45 | €7,187 | €4,371 | -€2,816 | -39.2% |
| Taxes | 450/3 | €536 | €861 | +€325 | +60.7% |
| Remuneration and social security | 454/9 | €6,651 | €3,510 | -€3,141 | -47.2% |
| Remuneration, social security and pensions | 62 | €31,592 | €14,885 | -€16,707 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €666 | = | 0.0% |
| Other operating charges | 640/8 | €162 | €167 | +€4 | +2.8% |
| Gross operating margin | 9900 | €48,464 | €12,208 | -€36,256 | -74.8% |
| Operating profit (loss) | 9901 | €16,044 | -€3,510 | -€19,554 | |
| Profit (loss) for the period before taxes | 9903 | €16,044 | -€3,510 | -€19,554 | |
| Income taxes | 67/77 | €5,479 | €550 | -€4,929 | -90.0% |
| Profit (loss) for the period | 9904 | €10,565 | -€4,060 | -€14,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,565 | -€4,060 | -€14,625 |
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 10 October 2026 via checked.be.