INFINITY GREEN: 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.
INFINITY GREEN
Largest movements
- Receivables within one year -€29,684
down €29,684 (-65.9%), from €45,062 to €15,378
of which Trade receivables: -€37,372
- Tangible fixed assets -€19,104
down €19,104 (-7.8%), from €244,095 to €224,991
of which Furniture and vehicles: -€34,472
- Cash -€15,924
down €15,924 (-14.2%), from €112,468 to €96,544
mainly Investment in fixed assets (net) (-€59,680) and Debts after one year (-€27,862)
- Debts after one year -€27,862
down €27,862 (-16.9%), from €164,804 to €136,942
- Profit (loss) carried forward -€13,540
new in 2024: -€13,540
- Trade debts -€11,054
down €11,054 (-15.9%), from €69,528 to €58,474
- Tax, wage and social debts -€11,044
down €11,044 (-34.7%), from €31,812 to €20,768
of which Taxes: -€17,076
- Current portion of long-term debt +€5,050
up €5,050 (+11.1%), from €45,583 to €50,633
- Gross operating margin -€129,824
down €129,824 (-29.5%), from €440,217 to €310,393
- Staff costs -€53,862
down €53,862 (-18.0%), from €298,841 to €244,979
- Depreciation +€40,912
up €40,912 (+106.6%), from €38,373 to €79,284
- Financial income +€14,471
up €14,471 (+963.3%), from €1,502 to €15,973
- Provisions -€5,572
down €5,572, from €3,696 to -€1,876
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €460,658 | €396,207 | -€64,451 | -14.0% |
| Fixed assets | 21/28 | €246,390 | €226,786 | -€19,604 | -8.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €244,095 | €224,991 | -€19,104 | -7.8% |
| Plant, machinery and equipment | 23 | €21,806 | €35,700 | +€13,894 | +63.7% |
| Furniture and vehicles | 24 | €130,992 | €96,520 | -€34,472 | -26.3% |
| Leasing and similar rights | 25 | €91,297 | €92,772 | +€1,475 | +1.6% |
| Financial fixed assets | 28 | €2,295 | €1,795 | -€500 | -21.8% |
| Current assets | 29/58 | €214,268 | €169,420 | -€44,847 | -20.9% |
| Stocks and contracts in progress | 3 | €41,800 | €40,990 | -€810 | -1.9% |
| Stocks | 30/36 | €41,800 | €40,990 | -€810 | -1.9% |
| Amounts receivable within one year | 40/41 | €45,062 | €15,378 | -€29,684 | -65.9% |
| Trade receivables | 40 | €39,366 | €1,993 | -€37,372 | -94.9% |
| Other amounts receivable | 41 | €5,696 | €13,385 | +€7,688 | +135.0% |
| Cash at bank and in hand | 54/58 | €112,468 | €96,544 | -€15,924 | -14.2% |
| Deferred charges and accrued income | 490/1 | €14,938 | €16,508 | +€1,570 | +10.5% |
| Total equity and liabilities | 10/49 | €460,658 | €396,207 | -€64,451 | -14.0% |
| Equity | 10/15 | €114,072 | €100,532 | -€13,540 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,472 | €95,472 | = | 0.0% |
| Distributable reserves | 133 | €95,472 | €95,472 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,540 | -€13,540 | |
| Provisions and deferred taxes | 16 | €9,806 | €7,930 | -€1,876 | -19.1% |
| Provisions for liabilities and charges | 160/5 | €9,806 | €7,930 | -€1,876 | -19.1% |
| Environmental obligations | 163 | €9,806 | €7,930 | -€1,876 | -19.1% |
| Amounts payable | 17/49 | €336,780 | €287,745 | -€49,035 | -14.6% |
| Amounts payable after more than one year | 17 | €164,804 | €136,942 | -€27,862 | -16.9% |
| Financial debts | 170/4 | €164,804 | €136,942 | -€27,862 | -16.9% |
| Amounts payable within one year | 42/48 | €170,167 | €150,802 | -€19,365 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €45,583 | €50,633 | +€5,050 | +11.1% |
| Financial debts | 43 | €944 | €0 | -€944 | -100.0% |
| Credit institutions | 430/8 | €944 | €0 | -€944 | -100.0% |
| Trade debts | 44 | €69,528 | €58,474 | -€11,054 | -15.9% |
| Suppliers | 440/4 | €69,528 | €58,474 | -€11,054 | -15.9% |
| Taxes, remuneration and social security | 45 | €31,812 | €20,768 | -€11,044 | -34.7% |
| Taxes | 450/3 | €28,893 | €11,817 | -€17,076 | -59.1% |
| Remuneration and social security | 454/9 | €2,919 | €8,951 | +€6,032 | +206.7% |
| Other amounts payable | 47/48 | €22,300 | €20,927 | -€1,373 | -6.2% |
| Accrued charges and deferred income | 492/3 | €1,809 | €0 | -€1,809 | -100.0% |
| Non-recurring operating income | 76A | €76,602 | €0 | -€76,602 | -100.0% |
| Remuneration, social security and pensions | 62 | €298,841 | €244,979 | -€53,862 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,373 | €79,284 | +€40,912 | +106.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,696 | -€1,876 | -€5,572 | |
| Other operating charges | 640/8 | €5,295 | €9,829 | +€4,535 | +85.6% |
| Non-recurring operating charges | 66A | €65,942 | €611 | -€65,330 | -99.1% |
| Gross operating margin | 9900 | €440,217 | €310,393 | -€129,824 | -29.5% |
| Operating profit (loss) | 9901 | €28,071 | -€22,435 | -€50,506 | |
| Financial income | 75/76B | €1,502 | €15,973 | +€14,471 | +963.3% |
| Recurring financial income | 75 | €1,502 | €15,973 | +€14,471 | +963.3% |
| Financial charges | 65/66B | €10,779 | €6,785 | -€3,994 | -37.1% |
| Recurring financial charges | 65 | €10,779 | €6,785 | -€3,994 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €18,794 | -€13,247 | -€32,041 | |
| Income taxes | 67/77 | €1,745 | €293 | -€1,452 | -83.2% |
| Profit (loss) for the period | 9904 | €17,049 | -€13,540 | -€30,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,049 | -€13,540 | -€30,589 |
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 2 October 2026 via checked.be.