INFINITY GROUP: 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 GROUP
Largest movements
- Receivables within one year +€15,954
up €15,954 (+57.2%), from €27,889 to €43,843
of which Trade receivables: +€13,617
- Tangible fixed assets -€8,841
down €8,841 (-18.0%), from €49,109 to €40,269
- Other debts -€22,206
down €22,206 (-4.1%), from €546,433 to €524,227
- Tax, wage and social debts +€14,839
up €14,839 (+38.9%), from €38,105 to €52,943
of which Remuneration and social security: +€11,846
- Reserves +€12,295
up €12,295 (+9.9%), from €123,952 to €136,247
- Gross operating margin -€54,246
down €54,246 (-24.2%), from €224,568 to €170,322
- Staff costs -€45,429
down €45,429 (-21.4%), from €212,324 to €166,895
- Financial income +€39,012
up €39,012 (+7224455.6%), from €1 to €39,013
- Financial charges -€3,493
down €3,493 (-45.9%), from €7,606 to €4,113
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 | €871,751 | €866,047 | -€5,704 | -0.7% |
| Fixed assets | 21/28 | €823,524 | €814,684 | -€8,841 | -1.1% |
| Tangible fixed assets | 22/27 | €49,109 | €40,269 | -€8,841 | -18.0% |
| Plant, machinery and equipment | 23 | €15,161 | €11,267 | -€3,894 | -25.7% |
| Furniture and vehicles | 24 | €10,934 | €10,192 | -€741 | -6.8% |
| Other tangible fixed assets | 26 | €23,015 | €18,809 | -€4,206 | -18.3% |
| Financial fixed assets | 28 | €774,415 | €774,415 | = | 0.0% |
| Current assets | 29/58 | €48,227 | €51,364 | +€3,137 | +6.5% |
| Stocks and contracts in progress | 3 | €12,500 | €6,750 | -€5,750 | -46.0% |
| Stocks | 30/36 | €12,500 | €6,750 | -€5,750 | -46.0% |
| Amounts receivable within one year | 40/41 | €27,889 | €43,843 | +€15,954 | +57.2% |
| Trade receivables | 40 | €1,589 | €15,206 | +€13,617 | +856.8% |
| Other amounts receivable | 41 | €26,300 | €28,637 | +€2,337 | +8.9% |
| Cash at bank and in hand | 54/58 | €5,737 | €770 | -€4,967 | -86.6% |
| Deferred charges and accrued income | 490/1 | €2,100 | - | -€2,100 | |
| Total equity and liabilities | 10/49 | €871,751 | €866,047 | -€5,704 | -0.7% |
| Equity | 10/15 | €246,287 | €258,582 | +€12,295 | +5.0% |
| Contributions | 10/11 | €79,850 | €79,850 | = | 0.0% |
| Reserves | 13 | €123,952 | €136,247 | +€12,295 | +9.9% |
| Distributable reserves | 133 | €123,952 | €136,247 | +€12,295 | +9.9% |
| Profit (loss) carried forward | 14 | €42,485 | €42,485 | +€0 | 0.0% |
| Amounts payable | 17/49 | €625,464 | €607,465 | -€17,999 | -2.9% |
| Amounts payable after more than one year | 17 | €4,501 | - | -€4,501 | |
| Financial debts | 170/4 | €4,501 | - | -€4,501 | |
| Amounts payable within one year | 42/48 | €620,434 | €607,465 | -€12,969 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €12,562 | €10,358 | -€2,205 | -17.5% |
| Financial debts | 43 | - | €1,182 | +€1,182 | |
| Credit institutions | 430/8 | - | €1,182 | +€1,182 | |
| Trade debts | 44 | €23,334 | €17,105 | -€6,230 | -26.7% |
| Suppliers | 440/4 | €23,334 | €17,105 | -€6,230 | -26.7% |
| Advances received on contracts in progress | 46 | - | €1,650 | +€1,650 | |
| Taxes, remuneration and social security | 45 | €38,105 | €52,943 | +€14,839 | +38.9% |
| Taxes | 450/3 | €14,967 | €17,960 | +€2,993 | +20.0% |
| Remuneration and social security | 454/9 | €23,138 | €34,984 | +€11,846 | +51.2% |
| Other amounts payable | 47/48 | €546,433 | €524,227 | -€22,206 | -4.1% |
| Accrued charges and deferred income | 492/3 | €528 | - | -€528 | |
| Remuneration, social security and pensions | 62 | €212,324 | €166,895 | -€45,429 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,534 | €19,223 | +€1,689 | +9.6% |
| Other operating charges | 640/8 | €5,049 | €5,020 | -€28 | -0.6% |
| Gross operating margin | 9900 | €224,568 | €170,322 | -€54,246 | -24.2% |
| Operating profit (loss) | 9901 | -€10,338 | -€20,816 | -€10,477 | -101.3% |
| Financial income | 75/76B | €1 | €39,013 | +€39,012 | +7224455.6% |
| Recurring financial income | 75 | €1 | €39,013 | +€39,012 | +7224455.6% |
| Financial charges | 65/66B | €7,606 | €4,113 | -€3,493 | -45.9% |
| Recurring financial charges | 65 | €7,606 | €4,113 | -€3,493 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,943 | €14,084 | +€32,028 | |
| Income taxes | 67/77 | €573 | €1,789 | +€1,216 | +212.0% |
| Profit (loss) for the period | 9904 | -€18,517 | €12,295 | +€30,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,517 | €12,295 | +€30,812 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.