INFITECH: what changed
Two fiscal 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.
INFITECH
Largest movements
- Receivables within one year +€15,565
up €15,565 (+396.5%), from €3,925 to €19,490
of which Trade receivables: +€11,495
- Tangible fixed assets -€14,784
down €14,784 (-59.5%), from €24,845 to €10,062
- Cash +€14,774
up €14,774 (+40.2%), from €36,732 to €51,506
mainly Net result for the year (+€18,766) and Depreciation (+€14,784)
- Profit (loss) carried forward +€18,766
up €18,766 (+64.1%), from €29,266 to €48,032
- Debts after one year -€7,483
down €7,483 (-37.6%), from €19,894 to €12,411
- Tax, wage and social debts +€3,971
up €3,971 (+69.1%), from €5,749 to €9,721
- Gross operating margin -€22,149
down €22,149 (-34.9%), from €63,434 to €41,285
- Depreciation -€5,846
down €5,846 (-28.3%), from €20,629 to €14,784
- Other operating charges -€2,578
down €2,578 (-76.0%), from €3,392 to €814
- Taxes -€2,406
down €2,406 (-28.1%), from €8,571 to €6,165
- Financial charges -€847
down €847 (-47.0%), from €1,804 to €957
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 | €65,503 | €81,058 | +€15,555 | +23.7% |
| Fixed assets | 21/28 | €24,845 | €10,062 | -€14,784 | -59.5% |
| Tangible fixed assets | 22/27 | €24,845 | €10,062 | -€14,784 | -59.5% |
| Furniture and vehicles | 24 | €24,845 | €10,062 | -€14,784 | -59.5% |
| Current assets | 29/58 | €40,658 | €70,996 | +€30,338 | +74.6% |
| Amounts receivable within one year | 40/41 | €3,925 | €19,490 | +€15,565 | +396.5% |
| Trade receivables | 40 | - | €11,495 | +€11,495 | |
| Other amounts receivable | 41 | €3,925 | €7,995 | +€4,070 | +103.7% |
| Cash at bank and in hand | 54/58 | €36,732 | €51,506 | +€14,774 | +40.2% |
| Total equity and liabilities | 10/49 | €65,503 | €81,058 | +€15,555 | +23.7% |
| Equity | 10/15 | €32,266 | €51,032 | +€18,766 | +58.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,266 | €48,032 | +€18,766 | +64.1% |
| Amounts payable | 17/49 | €33,238 | €30,026 | -€3,211 | -9.7% |
| Amounts payable after more than one year | 17 | €19,894 | €12,411 | -€7,483 | -37.6% |
| Financial debts | 170/4 | €19,894 | €12,411 | -€7,483 | -37.6% |
| Amounts payable within one year | 42/48 | €13,344 | €17,615 | +€4,272 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €7,220 | €7,483 | +€264 | +3.6% |
| Trade debts | 44 | €375 | €412 | +€37 | +9.9% |
| Suppliers | 440/4 | €375 | €412 | +€37 | +9.9% |
| Taxes, remuneration and social security | 45 | €5,749 | €9,721 | +€3,971 | +69.1% |
| Taxes | 450/3 | €5,749 | €9,721 | +€3,971 | +69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,629 | €14,784 | -€5,846 | -28.3% |
| Other operating charges | 640/8 | €3,392 | €814 | -€2,578 | -76.0% |
| Gross operating margin | 9900 | €63,434 | €41,285 | -€22,149 | -34.9% |
| Operating profit (loss) | 9901 | €39,413 | €25,687 | -€13,726 | -34.8% |
| Financial income | 75/76B | €227 | €200 | -€28 | -12.2% |
| Recurring financial income | 75 | €227 | €200 | -€28 | -12.2% |
| Financial charges | 65/66B | €1,804 | €957 | -€847 | -47.0% |
| Recurring financial charges | 65 | €1,804 | €957 | -€847 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €37,837 | €24,930 | -€12,906 | -34.1% |
| Income taxes | 67/77 | €8,571 | €6,165 | -€2,406 | -28.1% |
| Profit (loss) for the period | 9904 | €29,266 | €18,766 | -€10,500 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,266 | €18,766 | -€10,500 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.