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Infinity Concept Engineering: what changed

Two fiscal 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.

What changed

Infinity Concept Engineering

BE 0757.982.348
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€8,326
2023 · -€7,442-€884
Equity
€7,413
2023 · €15,739-€8,326
Cash
€7,189
2023 · €9,820-€2,632
Balance sheet total
€35,971
2023 · €43,302-€7,331

Largest movements

2023 to 2024
Assets
  • Deferred charges and accrued income +€9,496

    up €9,496 (+838.7%), from €1,132 to €10,629

  • Receivables within one year -€6,370

    down €6,370 (-46.4%), from €13,742 to €7,371

    of which Trade receivables: -€5,550

  • Tangible fixed assets -€6,242

    down €6,242 (-44.7%), from €13,958 to €7,716

    of which Furniture and vehicles: -€5,310

  • Cash -€2,632

    down €2,632 (-26.8%), from €9,820 to €7,189

    mainly Deferred charges and accrued income (-€9,496) and Net result for the year (-€8,326)

  • Stocks and contracts -€1,584

    down €1,584 (-34.1%), from €4,650 to €3,066

Equity and liabilities
  • Profit (loss) carried forward -€8,326

    down €8,326 (-77.5%), from €10,739 to €2,413

  • Accrued charges and deferred income +€2,410

    new in 2024: €2,410

  • Other debts -€1,646

    down €1,646 (-10.4%), from €15,845 to €14,199

Income statement
  • Gross operating margin -€2,379

    down €2,379, from €1,893 to -€486

  • Other operating charges -€1,684

    down €1,684 (-79.8%), from €2,110 to €426

  • Financial charges +€429

    up €429 (+136.1%), from €315 to €744

  • Depreciation -€229

    down €229 (-3.5%), from €6,470 to €6,242

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€7,442
Gross operating margin -€2,379
Depreciation +€229
Other operating charges +€1,684
Financial income -€4
Financial charges -€429
Taxes +€14
Result 2024 -€8,326

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€2,632
Investment €0
Financing €0
Cash 2023 €9,820
Net result for the year -€8,326
Depreciation +€6,242
Stocks and contracts +€1,584
Receivables within one year +€6,370
Deferred charges and accrued income -€9,496
Trade debts -€31
Tax, wage and social debts +€262
Other debts -€1,646
Accrued charges and deferred income +€2,410
Cash 2024 €7,189
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €43,302 €35,971 -€7,331 -16.9%
Fixed assets 21/28 €13,958 €7,716 -€6,242 -44.7%
Tangible fixed assets 22/27 €13,958 €7,716 -€6,242 -44.7%
Plant, machinery and equipment 23 €1,849 €917 -€932 -50.4%
Furniture and vehicles 24 €12,109 €6,799 -€5,310 -43.9%
Current assets 29/58 €29,344 €28,254 -€1,090 -3.7%
Stocks and contracts in progress 3 €4,650 €3,066 -€1,584 -34.1%
Stocks 30/36 €4,650 €3,066 -€1,584 -34.1%
Amounts receivable within one year 40/41 €13,742 €7,371 -€6,370 -46.4%
Trade receivables 40 €11,432 €5,882 -€5,550 -48.6%
Other amounts receivable 41 €2,310 €1,490 -€820 -35.5%
Cash at bank and in hand 54/58 €9,820 €7,189 -€2,632 -26.8%
Deferred charges and accrued income 490/1 €1,132 €10,629 +€9,496 +838.7%
Total equity and liabilities 10/49 €43,302 €35,971 -€7,331 -16.9%
Equity 10/15 €15,739 €7,413 -€8,326 -52.9%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €10,739 €2,413 -€8,326 -77.5%
Amounts payable 17/49 €27,563 €28,558 +€995 +3.6%
Amounts payable within one year 42/48 €27,563 €26,148 -€1,415 -5.1%
Trade debts 44 €8,689 €8,657 -€31 -0.4%
Suppliers 440/4 €8,689 €8,657 -€31 -0.4%
Taxes, remuneration and social security 45 €3,030 €3,292 +€262 +8.7%
Taxes 450/3 €1,405 €1,667 +€262 +18.7%
Remuneration and social security 454/9 €1,625 €1,625 = 0.0%
Other amounts payable 47/48 €15,845 €14,199 -€1,646 -10.4%
Accrued charges and deferred income 492/3 - €2,410 +€2,410
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,470 €6,242 -€229 -3.5%
Other operating charges 640/8 €2,110 €426 -€1,684 -79.8%
Gross operating margin 9900 €1,893 -€486 -€2,379
Operating profit (loss) 9901 -€6,687 -€7,153 -€465 -7.0%
Financial income 75/76B €17 €14 -€4 -20.8%
Recurring financial income 75 €17 €14 -€4 -20.8%
Financial charges 65/66B €315 €744 +€429 +136.1%
Recurring financial charges 65 €315 €744 +€429 +136.1%
Profit (loss) for the period before taxes 9903 -€6,985 -€7,883 -€898 -12.9%
Income taxes 67/77 €457 €443 -€14 -3.0%
Profit (loss) for the period 9904 -€7,442 -€8,326 -€884 -11.9%
Profit (loss) for the period to be appropriated 9905 -€7,442 -€8,326 -€884 -11.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.