INFINITY STAR: 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 STAR
Largest movements
- Cash +€64,553
new in 2025: €64,553
mainly Trade debts (+€34,751) and Stocks and contracts (+€27,728)
- Stocks and contracts -€27,728
down €27,728 (-30.0%), from €92,457 to €64,729
- Tangible fixed assets -€7,063
down €7,063 (-69.6%), from €10,142 to €3,079
of which Furniture and vehicles: -€7,646
- Deferred charges and accrued income -€3,024
no longer reported in 2025 (was €3,024)
- Receivables within one year +€2,616
up €2,616 (+209%), from €1,254 to €3,870
of which Trade receivables: +€3,700
- Trade debts +€34,751
up €34,751 (+33.9%), from €102,430 to €137,181
- Debts after one year -€7,086
no longer reported in 2025 (was €7,086)
- Profit (loss) carried forward +€5,850
up €5,850 (+35.2%), from -€16,634 to -€10,784
- Short-term financial debts -€3,854
no longer reported in 2025 (was €3,854)
- Tax, wage and social debts +€2,159
up €2,159 (+135%), from €1,599 to €3,758
- Gross operating margin +€45,765
up €45,765 (+438%), from €10,460 to €56,225
- Other operating charges +€30,884
up €30,884 (+349%), from €8,838 to €39,723
- Taxes -€2,555
no longer reported in 2025 (was €2,555)
- Depreciation -€808
down €808 (-8.6%), from €9,370 to €8,562
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.
Derived cash bridge
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 | €107,616 | €136,969 | +€29,354 | +27.3% |
| Fixed assets | 21/28 | €10,880 | €3,817 | -€7,063 | -64.9% |
| Tangible fixed assets | 22/27 | €10,142 | €3,079 | -€7,063 | -69.6% |
| Plant, machinery and equipment | 23 | €2,497 | €3,079 | +€582 | +23.3% |
| Furniture and vehicles | 24 | €7,646 | - | -€7,646 | |
| Financial fixed assets | 28 | €738 | €738 | = | 0.0% |
| Current assets | 29/58 | €96,735 | €133,152 | +€36,417 | +37.6% |
| Stocks and contracts in progress | 3 | €92,457 | €64,729 | -€27,728 | -30.0% |
| Stocks | 30/36 | €92,457 | €64,729 | -€27,728 | -30.0% |
| Amounts receivable within one year | 40/41 | €1,254 | €3,870 | +€2,616 | +209% |
| Trade receivables | 40 | - | €3,700 | +€3,700 | |
| Other amounts receivable | 41 | €1,254 | €170 | -€1,084 | -86.4% |
| Cash at bank and in hand | 54/58 | - | €64,553 | +€64,553 | |
| Deferred charges and accrued income | 490/1 | €3,024 | - | -€3,024 | |
| Total equity and liabilities | 10/49 | €107,616 | €136,969 | +€29,354 | +27.3% |
| Equity | 10/15 | -€9,820 | -€3,970 | +€5,850 | +59.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €614 | €614 | = | 0.0% |
| Non-distributable reserves | 130/1 | €614 | €614 | = | 0.0% |
| Reserves not available under the articles | 1311 | €614 | €614 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,634 | -€10,784 | +€5,850 | +35.2% |
| Amounts payable | 17/49 | €117,436 | €140,939 | +€23,503 | +20.0% |
| Amounts payable after more than one year | 17 | €7,086 | - | -€7,086 | |
| Financial debts | 170/4 | €7,086 | - | -€7,086 | |
| Amounts payable within one year | 42/48 | €108,534 | €140,939 | +€32,405 | +29.9% |
| Financial debts | 43 | €3,854 | - | -€3,854 | |
| Credit institutions | 430/8 | €3,854 | - | -€3,854 | |
| Trade debts | 44 | €102,430 | €137,181 | +€34,751 | +33.9% |
| Suppliers | 440/4 | €102,430 | €137,181 | +€34,751 | +33.9% |
| Advances received on contracts in progress | 46 | €651 | - | -€651 | |
| Taxes, remuneration and social security | 45 | €1,599 | €3,758 | +€2,159 | +135% |
| Taxes | 450/3 | €1,599 | €3,758 | +€2,159 | +135% |
| Accrued charges and deferred income | 492/3 | €1,815 | - | -€1,815 | |
| Remuneration, social security and pensions | 62 | - | -€17 | -€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,370 | €8,562 | -€808 | -8.6% |
| Other operating charges | 640/8 | €8,838 | €39,723 | +€30,884 | +349% |
| Non-recurring operating charges | 66A | €0 | -€0 | -€0 | |
| Gross operating margin | 9900 | €10,460 | €56,225 | +€45,765 | +438% |
| Operating profit (loss) | 9901 | -€7,749 | €7,957 | +€15,706 | |
| Financial charges | 65/66B | €1,819 | €2,106 | +€287 | +15.8% |
| Recurring financial charges | 65 | €1,814 | €2,106 | +€292 | +16.1% |
| Non-recurring financial charges | 66B | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | -€9,568 | €5,850 | +€15,419 | |
| Income taxes | 67/77 | €2,555 | - | -€2,555 | |
| Profit (loss) for the period | 9904 | -€12,123 | €5,850 | +€17,974 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,123 | €5,850 | +€17,974 |
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 20 October 2026 via checked.be.