INFOHECO: 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.
INFOHECO
Largest movements
- Receivables after one year -€42,000
down €42,000 (-100.0%), from €42,000 to €0
- Cash -€29,602
down €29,602 (-12.7%), from €233,724 to €204,123
mainly Contributions, distributions and other (-€40,683) and Other debts (-€26,388)
- Receivables within one year +€16,549
up €16,549 (+58.2%), from €28,454 to €45,003
of which Trade receivables: +€12,105
- Deferred charges and accrued income +€4,903
up €4,903 (+135.4%), from €3,620 to €8,524
- Reserves -€34,237
down €34,237 (-13.9%), from €246,596 to €212,359
- Other debts -€26,388
down €26,388 (-39.3%), from €67,071 to €40,683
- Tax, wage and social debts +€6,240
up €6,240 (+57.4%), from €10,878 to €17,117
- Gross operating margin -€96,408
down €96,408 (-78.8%), from €122,308 to €25,900
- Taxes -€22,141
down €22,141 (-77.5%), from €28,582 to €6,441
- Write-downs -€21,299
down €21,299 (-100.0%), from €21,299 to €0
- Financial charges +€4,688
up €4,688 (+379.1%), from €1,237 to €5,925
- Financial income -€3,129
down €3,129 (-75.4%), from €4,149 to €1,020
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 | €333,853 | €282,199 | -€51,655 | -15.5% |
| Fixed assets | 21/28 | €25,953 | €24,448 | -€1,505 | -5.8% |
| Tangible fixed assets | 22/27 | €25,953 | €24,448 | -€1,505 | -5.8% |
| Plant, machinery and equipment | 23 | €3,330 | €1,727 | -€1,602 | -48.1% |
| Furniture and vehicles | 24 | €2,822 | €6,118 | +€3,296 | +116.8% |
| Other tangible fixed assets | 26 | €19,802 | €16,602 | -€3,199 | -16.2% |
| Current assets | 29/58 | €307,900 | €257,751 | -€50,149 | -16.3% |
| Amounts receivable after more than one year | 29 | €42,000 | €0 | -€42,000 | -100.0% |
| Other amounts receivable | 291 | €42,000 | €0 | -€42,000 | -100.0% |
| Stocks and contracts in progress | 3 | €102 | €102 | = | 0.0% |
| Stocks | 30/36 | €102 | €102 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,454 | €45,003 | +€16,549 | +58.2% |
| Trade receivables | 40 | €28,338 | €40,443 | +€12,105 | +42.7% |
| Other amounts receivable | 41 | €116 | €4,560 | +€4,444 | +3847.8% |
| Cash at bank and in hand | 54/58 | €233,724 | €204,123 | -€29,602 | -12.7% |
| Deferred charges and accrued income | 490/1 | €3,620 | €8,524 | +€4,903 | +135.4% |
| Total equity and liabilities | 10/49 | €333,853 | €282,199 | -€51,655 | -15.5% |
| Equity | 10/15 | €254,656 | €220,419 | -€34,237 | -13.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €246,596 | €212,359 | -€34,237 | -13.9% |
| Distributable reserves | 133 | €246,596 | €212,359 | -€34,237 | -13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,197 | €61,779 | -€17,417 | -22.0% |
| Amounts payable within one year | 42/48 | €79,197 | €61,779 | -€17,417 | -22.0% |
| Trade debts | 44 | €1,248 | €3,979 | +€2,731 | +218.9% |
| Suppliers | 440/4 | €1,248 | €3,979 | +€2,731 | +218.9% |
| Taxes, remuneration and social security | 45 | €10,878 | €17,117 | +€6,240 | +57.4% |
| Taxes | 450/3 | €10,878 | €17,117 | +€6,240 | +57.4% |
| Other amounts payable | 47/48 | €67,071 | €40,683 | -€26,388 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,950 | €6,419 | +€1,470 | +29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,299 | €0 | -€21,299 | -100.0% |
| Other operating charges | 640/8 | €2,272 | €1,689 | -€584 | -25.7% |
| Gross operating margin | 9900 | €122,308 | €25,900 | -€96,408 | -78.8% |
| Operating profit (loss) | 9901 | €93,787 | €17,792 | -€75,995 | -81.0% |
| Financial income | 75/76B | €4,149 | €1,020 | -€3,129 | -75.4% |
| Recurring financial income | 75 | €4,149 | €1,020 | -€3,129 | -75.4% |
| Financial charges | 65/66B | €1,237 | €5,925 | +€4,688 | +379.1% |
| Recurring financial charges | 65 | €1,237 | €5,925 | +€4,688 | +379.1% |
| Profit (loss) for the period before taxes | 9903 | €96,699 | €12,887 | -€83,812 | -86.7% |
| Income taxes | 67/77 | €28,582 | €6,441 | -€22,141 | -77.5% |
| Profit (loss) for the period | 9904 | €68,117 | €6,446 | -€61,671 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,117 | €6,446 | -€61,671 | -90.5% |
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 10 October 2026 via checked.be.