INFIROSELINE: what changed
INFIROSELINE
Largest movements
- Tangible fixed assets -€14,510
down €14,510 (-32.3%), from €44,991 to €30,481
of which Furniture and vehicles: -€13,268
- Cash +€6,031
up €6,031 (+11.9%), from €50,893 to €56,924
mainly Depreciation (+€14,510) and Net result for the year (+€1,046)
- Debts after one year -€8,262
down €8,262 (-29.7%), from €27,844 to €19,582
- Other debts -€1,263
down €1,263 (-9.1%), from €13,941 to €12,678
- Profit (loss) carried forward +€1,046
up €1,046 (+4.8%), from -€22,000 to -€20,954
- Other operating charges -€13,094
down €13,094 (-11.4%), from €115,288 to €102,194
- Gross operating margin +€2,019
up €2,019 (+1.7%), from €115,731 to €117,750
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,884 | €87,405 | -€8,479 | -8.8% |
| Fixed assets | 21/28 | €44,991 | €30,481 | -€14,510 | -32.3% |
| Tangible fixed assets | 22/27 | €44,991 | €30,481 | -€14,510 | -32.3% |
| Plant, machinery and equipment | 23 | €3,180 | €1,938 | -€1,242 | -39.1% |
| Furniture and vehicles | 24 | €41,811 | €28,543 | -€13,268 | -31.7% |
| Current assets | 29/58 | €50,893 | €56,924 | +€6,031 | +11.9% |
| Cash at bank and in hand | 54/58 | €50,893 | €56,924 | +€6,031 | +11.9% |
| Total equity and liabilities | 10/49 | €95,884 | €87,405 | -€8,479 | -8.8% |
| Equity | 10/15 | €54,099 | €55,145 | +€1,046 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,499 | €57,499 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,639 | €55,639 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,000 | -€20,954 | +€1,046 | +4.8% |
| Amounts payable | 17/49 | €41,785 | €32,260 | -€9,525 | -22.8% |
| Amounts payable after more than one year | 17 | €27,844 | €19,582 | -€8,262 | -29.7% |
| Financial debts | 170/4 | €27,844 | €19,582 | -€8,262 | -29.7% |
| Amounts payable within one year | 42/48 | €13,941 | €12,678 | -€1,263 | -9.1% |
| Other amounts payable | 47/48 | €13,941 | €12,678 | -€1,263 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,510 | €14,510 | = | 0.0% |
| Other operating charges | 640/8 | €115,288 | €102,194 | -€13,094 | -11.4% |
| Gross operating margin | 9900 | €115,731 | €117,750 | +€2,019 | +1.7% |
| Operating profit (loss) | 9901 | -€14,067 | €1,046 | +€15,113 | |
| Profit (loss) for the period before taxes | 9903 | -€14,067 | €1,046 | +€15,113 | |
| Profit (loss) for the period | 9904 | -€14,067 | €1,046 | +€15,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,067 | €1,046 | +€15,113 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.