INFINITY HOLDINGS: 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 HOLDINGS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€77,269
up €77,269 (+5.0%), from €1.5m to €1.6m
- Short-term financial debts -€66,907
down €66,907 (-23.7%), from €282,750 to €215,844
- Reserves -€54,311
down €54,311 (-11.1%), from €491,103 to €436,792
of which Distributable reserves: -€54,311
- Accrued charges and deferred income +€34,500
up €34,500 (+1629.3%), from €2,118 to €36,618
- Financial charges +€16,079
up €16,079 (+82.6%), from €19,474 to €35,553
- Gross operating margin -€9,274
down €9,274 (-132.9%), from -€6,976 to -€16,250
- Other operating charges -€4,915
down €4,915 (-85.8%), from €5,726 to €811
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 | €2,629,498 | €2,618,398 | -€11,100 | -0.4% |
| Fixed assets | 21/28 | €2,452,470 | €2,450,773 | -€1,697 | -0.1% |
| Tangible fixed assets | 22/27 | €2,852 | €1,155 | -€1,697 | -59.5% |
| Furniture and vehicles | 24 | €2,852 | €1,155 | -€1,697 | -59.5% |
| Financial fixed assets | 28 | €2,449,619 | €2,449,619 | = | 0.0% |
| Current assets | 29/58 | €177,028 | €167,624 | -€9,403 | -5.3% |
| Amounts receivable within one year | 40/41 | €165,865 | €165,865 | = | 0.0% |
| Trade receivables | 40 | €131,407 | €131,407 | = | 0.0% |
| Other amounts receivable | 41 | €34,458 | €34,458 | = | 0.0% |
| Current investments | 50/53 | €2 | €2 | +€0 | +1.7% |
| Cash at bank and in hand | 54/58 | €11,161 | €1,757 | -€9,403 | -84.3% |
| Total equity and liabilities | 10/49 | €2,629,498 | €2,618,398 | -€11,100 | -0.4% |
| Equity | 10/15 | €738,637 | €684,327 | -€54,311 | -7.4% |
| Contributions | 10/11 | €247,534 | €247,534 | = | 0.0% |
| Reserves | 13 | €491,103 | €436,792 | -€54,311 | -11.1% |
| Non-distributable reserves | 130/1 | €18,860 | €18,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,860 | €18,860 | = | 0.0% |
| Distributable reserves | 133 | €472,243 | €417,932 | -€54,311 | -11.5% |
| Amounts payable | 17/49 | €1,890,861 | €1,934,071 | +€43,210 | +2.3% |
| Amounts payable within one year | 42/48 | €1,888,743 | €1,897,453 | +€8,710 | +0.5% |
| Financial debts | 43 | €282,750 | €215,844 | -€66,907 | -23.7% |
| Other loans | 439 | €282,750 | €215,844 | -€66,907 | -23.7% |
| Trade debts | 44 | €72,649 | €70,997 | -€1,652 | -2.3% |
| Suppliers | 440/4 | €72,649 | €70,997 | -€1,652 | -2.3% |
| Other amounts payable | 47/48 | €1,533,344 | €1,610,613 | +€77,269 | +5.0% |
| Accrued charges and deferred income | 492/3 | €2,118 | €36,618 | +€34,500 | +1629.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,697 | €1,697 | = | 0.0% |
| Other operating charges | 640/8 | €5,726 | €811 | -€4,915 | -85.8% |
| Gross operating margin | 9900 | -€6,976 | -€16,250 | -€9,274 | -132.9% |
| Operating profit (loss) | 9901 | -€14,398 | -€18,758 | -€4,359 | -30.3% |
| Financial income | 75/76B | €113 | €0 | -€113 | -100.0% |
| Recurring financial income | 75 | €113 | €0 | -€113 | -100.0% |
| Financial charges | 65/66B | €19,474 | €35,553 | +€16,079 | +82.6% |
| Recurring financial charges | 65 | €19,474 | €35,553 | +€16,079 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,760 | -€54,311 | -€20,551 | -60.9% |
| Profit (loss) for the period | 9904 | -€33,760 | -€54,311 | -€20,551 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,760 | -€54,311 | -€20,551 | -60.9% |
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 11 October 2026 via checked.be.