INFOCOM: 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.
INFOCOM
Largest movements
- Cash -€22,108
down €22,108 (-54.5%), from €40,533 to €18,425
mainly Tax, wage and social debts (-€20,739) and Debts after one year (-€13,889)
- Tangible fixed assets -€10,473
down €10,473 (-20.9%), from €50,056 to €39,584
of which Furniture and vehicles: -€8,485
- Intangible fixed assets -€8,000
down €8,000 (-25.0%), from €32,000 to €24,000
- Stocks and contracts +€5,371
up €5,371 (+98.1%), from €5,478 to €10,849
- Receivables within one year +€3,686
up €3,686 (+14.1%), from €26,048 to €29,734
of which Trade receivables: +€3,709
- Tax, wage and social debts -€20,739
down €20,739 (-69.2%), from €29,968 to €9,229
of which Taxes: -€11,242
- Debts after one year -€13,889
down €13,889 (-28.6%), from €48,633 to €34,744
- Trade debts +€2,336
up €2,336 (+5.6%), from €41,425 to €43,761
- Gross operating margin +€34,169
up €34,169 (+250.0%), from €13,669 to €47,838
- Staff costs -€23,766
down €23,766 (-49.4%), from €48,079 to €24,313
- Other operating charges -€3,948
no longer reported in 2025 (was €3,948)
- Taxes +€2,062
up €2,062, from €0 to €2,062
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 | €154,115 | €122,591 | -€31,524 | -20.5% |
| Fixed assets | 21/28 | €82,056 | €63,584 | -€18,473 | -22.5% |
| Intangible fixed assets | 21 | €32,000 | €24,000 | -€8,000 | -25.0% |
| Tangible fixed assets | 22/27 | €50,056 | €39,584 | -€10,473 | -20.9% |
| Furniture and vehicles | 24 | €33,453 | €24,968 | -€8,485 | -25.4% |
| Other tangible fixed assets | 26 | €16,603 | €14,616 | -€1,987 | -12.0% |
| Current assets | 29/58 | €72,059 | €59,007 | -€13,051 | -18.1% |
| Stocks and contracts in progress | 3 | €5,478 | €10,849 | +€5,371 | +98.1% |
| Stocks | 30/36 | €5,478 | €10,849 | +€5,371 | +98.1% |
| Amounts receivable within one year | 40/41 | €26,048 | €29,734 | +€3,686 | +14.1% |
| Trade receivables | 40 | €26,025 | €29,734 | +€3,709 | +14.3% |
| Other amounts receivable | 41 | €23 | - | -€23 | |
| Cash at bank and in hand | 54/58 | €40,533 | €18,425 | -€22,108 | -54.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €154,115 | €122,591 | -€31,524 | -20.5% |
| Equity | 10/15 | €17,730 | €18,792 | +€1,061 | +6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€870 | €192 | +€1,061 | |
| Amounts payable | 17/49 | €136,385 | €103,799 | -€32,586 | -23.9% |
| Amounts payable after more than one year | 17 | €48,633 | €34,744 | -€13,889 | -28.6% |
| Financial debts | 170/4 | €48,633 | €34,744 | -€13,889 | -28.6% |
| Amounts payable within one year | 42/48 | €87,107 | €69,055 | -€18,052 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €13,492 | €13,889 | +€396 | +2.9% |
| Trade debts | 44 | €41,425 | €43,761 | +€2,336 | +5.6% |
| Suppliers | 440/4 | €41,425 | €43,761 | +€2,336 | +5.6% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,968 | €9,229 | -€20,739 | -69.2% |
| Taxes | 450/3 | €17,692 | €6,450 | -€11,242 | -63.5% |
| Remuneration and social security | 454/9 | €12,276 | €2,779 | -€9,497 | -77.4% |
| Other amounts payable | 47/48 | €1,222 | €1,176 | -€45 | -3.7% |
| Accrued charges and deferred income | 492/3 | €645 | - | -€645 | |
| Remuneration, social security and pensions | 62 | €48,079 | €24,313 | -€23,766 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,376 | €18,473 | +€97 | +0.5% |
| Other operating charges | 640/8 | €3,948 | - | -€3,948 | |
| Gross operating margin | 9900 | €13,669 | €47,838 | +€34,169 | +250.0% |
| Operating profit (loss) | 9901 | -€56,733 | €5,053 | +€61,785 | |
| Financial income | 75/76B | €22 | €136 | +€114 | +513.4% |
| Recurring financial income | 75 | €22 | €136 | +€114 | +513.4% |
| Financial charges | 65/66B | €2,333 | €2,065 | -€268 | -11.5% |
| Recurring financial charges | 65 | €2,333 | €2,065 | -€268 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€59,044 | €3,124 | +€62,167 | |
| Income taxes | 67/77 | €0 | €2,062 | +€2,062 | |
| Profit (loss) for the period | 9904 | -€59,044 | €1,061 | +€60,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,044 | €1,061 | +€60,105 |
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 12 October 2026 via checked.be.