INFINITY GROUP: 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 GROUP
Largest movements
- Cash +€134,311
up €134,311 (+272.1%), from €49,364 to €183,675
mainly Net result for the year (+€57,572) and Receivables within one year (+€48,009)
- Receivables within one year -€48,009
down €48,009 (-38.5%), from €124,823 to €76,814
of which Trade receivables: -€65,817
- Tangible fixed assets -€25,638
down €25,638 (-7.2%), from €356,457 to €330,819
of which Furniture and vehicles: -€16,722
- Financial fixed assets -€25,000
no longer reported in 2024 (was €25,000)
- Profit (loss) carried forward +€57,572
up €57,572 (+76.4%), from €75,320 to €132,892
- Trade debts +€47,048
up €47,048 (+50.8%), from €92,610 to €139,658
- Debts after one year -€27,088
down €27,088 (-11.3%), from €240,013 to €212,925
- Current portion of long-term debt -€25,318
down €25,318 (-47.1%), from €53,706 to €28,388
- Tax, wage and social debts -€17,058
down €17,058 (-19.5%), from €87,267 to €70,209
of which Remuneration and social security: -€26,050
- Gross operating margin +€289,560
up €289,560 (+30.4%), from €951,737 to €1.2m
- Staff costs +€256,229
up €256,229 (+29.5%), from €869,432 to €1.1m
- Other operating charges -€23,858
down €23,858 (-93.9%), from €25,420 to €1,562
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 | €556,976 | €592,132 | +€35,156 | +6.3% |
| Fixed assets | 21/28 | €381,457 | €330,819 | -€50,638 | -13.3% |
| Tangible fixed assets | 22/27 | €356,457 | €330,819 | -€25,638 | -7.2% |
| Land and buildings | 22 | €303,861 | €294,945 | -€8,916 | -2.9% |
| Furniture and vehicles | 24 | €52,596 | €35,874 | -€16,722 | -31.8% |
| Financial fixed assets | 28 | €25,000 | - | -€25,000 | |
| Current assets | 29/58 | €175,519 | €261,313 | +€85,794 | +48.9% |
| Amounts receivable within one year | 40/41 | €124,823 | €76,814 | -€48,009 | -38.5% |
| Trade receivables | 40 | €105,631 | €39,814 | -€65,817 | -62.3% |
| Other amounts receivable | 41 | €19,193 | €37,000 | +€17,807 | +92.8% |
| Cash at bank and in hand | 54/58 | €49,364 | €183,675 | +€134,311 | +272.1% |
| Deferred charges and accrued income | 490/1 | €1,332 | €824 | -€508 | -38.1% |
| Total equity and liabilities | 10/49 | €556,976 | €592,132 | +€35,156 | +6.3% |
| Equity | 10/15 | €83,380 | €140,952 | +€57,572 | +69.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,320 | €132,892 | +€57,572 | +76.4% |
| Amounts payable | 17/49 | €473,596 | €451,180 | -€22,416 | -4.7% |
| Amounts payable after more than one year | 17 | €240,013 | €212,925 | -€27,088 | -11.3% |
| Financial debts | 170/4 | €240,013 | €212,925 | -€27,088 | -11.3% |
| Amounts payable within one year | 42/48 | €233,583 | €238,255 | +€4,672 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €53,706 | €28,388 | -€25,318 | -47.1% |
| Trade debts | 44 | €92,610 | €139,658 | +€47,048 | +50.8% |
| Suppliers | 440/4 | €92,610 | €139,658 | +€47,048 | +50.8% |
| Taxes, remuneration and social security | 45 | €87,267 | €70,209 | -€17,058 | -19.5% |
| Taxes | 450/3 | €17,134 | €26,127 | +€8,993 | +52.5% |
| Remuneration and social security | 454/9 | €70,132 | €44,082 | -€26,050 | -37.1% |
| Remuneration, social security and pensions | 62 | €869,432 | €1,125,661 | +€256,229 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,664 | €26,811 | +€3,147 | +13.3% |
| Other operating charges | 640/8 | €25,420 | €1,562 | -€23,858 | -93.9% |
| Gross operating margin | 9900 | €951,737 | €1,241,297 | +€289,560 | +30.4% |
| Operating profit (loss) | 9901 | €33,222 | €87,263 | +€54,041 | +162.7% |
| Financial income | 75/76B | €1,456 | €1,859 | +€403 | +27.7% |
| Recurring financial income | 75 | €1,456 | €1,859 | +€403 | +27.7% |
| Financial charges | 65/66B | €8,503 | €14,727 | +€6,224 | +73.2% |
| Recurring financial charges | 65 | €8,503 | €14,727 | +€6,224 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €26,175 | €74,395 | +€48,220 | +184.2% |
| Income taxes | 67/77 | €8,858 | €16,823 | +€7,965 | +89.9% |
| Profit (loss) for the period | 9904 | €17,317 | €57,572 | +€40,255 | +232.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,317 | €57,572 | +€40,255 | +232.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.