INFITEK: what changed
INFITEK
Largest movements
- Receivables within one year +€12,514
up €12,514 (+6.9%), from €180,406 to €192,921
of which Other amounts receivable: +€11,887
- Cash +€6,857
up €6,857 (+39.0%), from €17,578 to €24,435
mainly Net result for the year (+€32,187) and Depreciation (+€8,313)
- Tangible fixed assets +€3,061
up €3,061 (+21.0%), from €14,586 to €17,647
of which Plant, machinery and equipment: +€4,059
- Reserves +€20,000
up €20,000 (+13.8%), from €145,065 to €165,065
of which Tax-exempt reserves: +€20,000
- Profit (loss) carried forward +€12,187
up €12,187 (+36.8%), from €33,077 to €45,265
- Trade debts -€4,259
down €4,259 (-70.8%), from €6,015 to €1,755
- Current portion of long-term debt -€3,801
down €3,801 (-79.9%), from €4,756 to €955
- Gross operating margin +€20,054
up €20,054 (+62.8%), from €31,956 to €52,010
- Financial income -€15,890
down €15,890 (-100.0%), from €15,891 to €1
of which Non-recurring financial income: -€15,865
- Taxes -€2,976
down €2,976 (-25.9%), from €11,480 to €8,504
- Depreciation +€2,666
up €2,666 (+47.2%), from €5,647 to €8,313
- Financial charges -€695
down €695 (-66.7%), from €1,041 to €347
of which Financial charges: -€399
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,230 | €235,794 | +€22,564 | +10.6% |
| Fixed assets | 21/28 | €14,586 | €17,647 | +€3,061 | +21.0% |
| Tangible fixed assets | 22/27 | €14,586 | €17,647 | +€3,061 | +21.0% |
| Land and buildings | 22 | - | €1,308 | +€1,308 | |
| Plant, machinery and equipment | 23 | €9,546 | €13,605 | +€4,059 | +42.5% |
| Furniture and vehicles | 24 | €5,040 | €2,734 | -€2,306 | -45.8% |
| Current assets | 29/58 | €198,644 | €218,147 | +€19,503 | +9.8% |
| Amounts receivable within one year | 40/41 | €180,406 | €192,921 | +€12,514 | +6.9% |
| Trade receivables | 40 | €19,437 | €20,065 | +€628 | +3.2% |
| Other amounts receivable | 41 | €160,969 | €172,856 | +€11,887 | +7.4% |
| Cash at bank and in hand | 54/58 | €17,578 | €24,435 | +€6,857 | +39.0% |
| Deferred charges and accrued income | 490/1 | €660 | €792 | +€132 | +20.0% |
| Total equity and liabilities | 10/49 | €213,230 | €235,794 | +€22,564 | +10.6% |
| Equity | 10/15 | €190,543 | €222,730 | +€32,187 | +16.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €145,065 | €165,065 | +€20,000 | +13.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €143,205 | €163,205 | +€20,000 | +14.0% |
| Profit (loss) carried forward | 14 | €33,077 | €45,265 | +€12,187 | +36.8% |
| Amounts payable | 17/49 | €22,687 | €13,064 | -€9,623 | -42.4% |
| Amounts payable within one year | 42/48 | €22,687 | €13,064 | -€9,623 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €4,756 | €955 | -€3,801 | -79.9% |
| Trade debts | 44 | €6,015 | €1,755 | -€4,259 | -70.8% |
| Suppliers | 440/4 | €6,015 | €1,755 | -€4,259 | -70.8% |
| Taxes, remuneration and social security | 45 | €11,916 | €10,353 | -€1,563 | -13.1% |
| Taxes | 450/3 | €11,916 | €10,353 | -€1,563 | -13.1% |
| Remuneration, social security and pensions | 62 | €1,839 | €2,440 | +€601 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,647 | €8,313 | +€2,666 | +47.2% |
| Other operating charges | 640/8 | €526 | €220 | -€306 | -58.2% |
| Gross operating margin | 9900 | €31,956 | €52,010 | +€20,054 | +62.8% |
| Operating profit (loss) | 9901 | €23,944 | €41,037 | +€17,093 | +71.4% |
| Financial income | 75/76B | €15,891 | €1 | -€15,890 | -100.0% |
| Recurring financial income | 75 | €26 | €1 | -€25 | -96.9% |
| Non-recurring financial income | 76B | €15,865 | - | -€15,865 | |
| Financial charges | 65/66B | €1,041 | €347 | -€695 | -66.7% |
| Recurring financial charges | 65 | €745 | €347 | -€399 | -53.5% |
| Non-recurring financial charges | 66B | €296 | - | -€296 | |
| Profit (loss) for the period before taxes | 9903 | €38,794 | €40,691 | +€1,897 | +4.9% |
| Income taxes | 67/77 | €11,480 | €8,504 | -€2,976 | -25.9% |
| Profit (loss) for the period | 9904 | €27,314 | €32,187 | +€4,874 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,314 | €32,187 | +€4,874 | +17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.