INFINITY WIN: 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 WIN
Largest movements
- Tangible fixed assets +€17,288
up €17,288 (+208%), from €8,329 to €25,617
of which Other tangible fixed assets: +€14,354
- Cash +€6,873
new in 2025: €6,873
mainly Net result for the year (+€23,750) and Tax, wage and social debts (+€13,711)
- Receivables within one year -€5,625
down €5,625 (-18.4%), from €30,642 to €25,017
of which Trade receivables: -€5,079
- Financial fixed assets -€1,740
down €1,740 (-100%), from €1,740 to €0
- Intangible fixed assets -€1,250
down €1,250 (-19.0%), from €6,563 to €5,313
- Reserves +€23,750
new in 2025: €23,750
- Tax, wage and social debts +€13,711
up €13,711 (+157%), from €8,734 to €22,445
of which Taxes: +€8,501
- Trade debts -€9,278
down €9,278 (-66.8%), from €13,892 to €4,613
- Short-term financial debts -€8,694
no longer reported in 2025 (was €8,694)
- Debts after one year -€2,736
down €2,736 (-66.2%), from €4,130 to €1,394
- Gross operating margin +€56,328
up €56,328 (+228%), from €24,708 to €81,036
- Staff costs +€19,173
up €19,173 (+94.5%), from €20,297 to €39,470
- Taxes +€7,833
up €7,833 (+4,262%), from €184 to €8,016
- Depreciation -€2,648
down €2,648 (-30.5%), from €8,673 to €6,025
- Other operating charges -€1,650
down €1,650 (-47.1%), from €3,503 to €1,853
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,281 | €62,820 | +€15,539 | +32.9% |
| Formation expenses | 20 | €7 | - | -€7 | |
| Fixed assets | 21/28 | €16,632 | €30,930 | +€14,298 | +86.0% |
| Intangible fixed assets | 21 | €6,563 | €5,313 | -€1,250 | -19.0% |
| Tangible fixed assets | 22/27 | €8,329 | €25,617 | +€17,288 | +208% |
| Land and buildings | 22 | €358 | €248 | -€110 | -30.8% |
| Furniture and vehicles | 24 | €2,935 | €5,979 | +€3,044 | +104% |
| Other tangible fixed assets | 26 | €5,037 | €19,390 | +€14,354 | +285% |
| Financial fixed assets | 28 | €1,740 | €0 | -€1,740 | -100% |
| Current assets | 29/58 | €30,642 | €31,890 | +€1,248 | +4.1% |
| Amounts receivable within one year | 40/41 | €30,642 | €25,017 | -€5,625 | -18.4% |
| Trade receivables | 40 | €5,079 | - | -€5,079 | |
| Other amounts receivable | 41 | €25,564 | €25,017 | -€547 | -2.1% |
| Cash at bank and in hand | 54/58 | - | €6,873 | +€6,873 | |
| Total equity and liabilities | 10/49 | €47,281 | €62,820 | +€15,539 | +32.9% |
| Equity | 10/15 | €7,881 | €31,631 | +€23,750 | +301% |
| Contributions | 10/11 | €6,820 | €6,820 | = | 0.0% |
| Reserves | 13 | - | €23,750 | +€23,750 | |
| Distributable reserves | 133 | - | €23,750 | +€23,750 | |
| Profit (loss) carried forward | 14 | €1,061 | €1,061 | = | 0.0% |
| Amounts payable | 17/49 | €39,400 | €31,189 | -€8,211 | -20.8% |
| Amounts payable after more than one year | 17 | €4,130 | €1,394 | -€2,736 | -66.2% |
| Financial debts | 170/4 | €4,130 | €1,394 | -€2,736 | -66.2% |
| Amounts payable within one year | 42/48 | €35,269 | €29,794 | -€5,475 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €3,950 | €2,736 | -€1,214 | -30.7% |
| Financial debts | 43 | €8,694 | - | -€8,694 | |
| Credit institutions | 430/8 | €8,694 | - | -€8,694 | |
| Trade debts | 44 | €13,892 | €4,613 | -€9,278 | -66.8% |
| Suppliers | 440/4 | €13,892 | €4,613 | -€9,278 | -66.8% |
| Taxes, remuneration and social security | 45 | €8,734 | €22,445 | +€13,711 | +157% |
| Taxes | 450/3 | €6,238 | €14,740 | +€8,501 | +136% |
| Remuneration and social security | 454/9 | €2,496 | €7,706 | +€5,210 | +209% |
| Remuneration, social security and pensions | 62 | €20,297 | €39,470 | +€19,173 | +94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,673 | €6,025 | -€2,648 | -30.5% |
| Other operating charges | 640/8 | €3,503 | €1,853 | -€1,650 | -47.1% |
| Gross operating margin | 9900 | €24,708 | €81,036 | +€56,328 | +228% |
| Operating profit (loss) | 9901 | -€7,765 | €33,688 | +€41,453 | |
| Financial income | 75/76B | €23 | €15 | -€8 | -33.7% |
| Recurring financial income | 75 | €23 | €15 | -€8 | -33.7% |
| Financial charges | 65/66B | €1,410 | €1,937 | +€528 | +37.4% |
| Recurring financial charges | 65 | €1,410 | €1,937 | +€528 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,151 | €31,766 | +€40,917 | |
| Income taxes | 67/77 | €184 | €8,016 | +€7,833 | +4,262% |
| Profit (loss) for the period | 9904 | -€9,335 | €23,750 | +€33,085 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,335 | €23,750 | +€33,085 |
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 28 October 2026 via checked.be.