INFOR-ELECT: what changed
INFOR-ELECT
Largest movements
- Tangible fixed assets -€1,033
down €1,033 (-38.6%), from €2,679 to €1,646
of which Plant, machinery and equipment: -€630
- Stocks and contracts -€1,011
down €1,011 (-21.9%), from €4,623 to €3,612
- Intangible fixed assets +€836
up €836 (+668%), from €125 to €961
- Cash -€396
down €396 (-38.0%), from €1,042 to €646
mainly Trade debts (-€2,586) and Investment in fixed assets (net) (-€1,139)
- Receivables within one year +€295
up €295 (+366%), from €81 to €376
of which Trade receivables: +€295
- Trade debts -€2,586
down €2,586 (-43.8%), from €5,904 to €3,319
- Other debts +€1,805
up €1,805 (+30.7%), from €5,877 to €7,682
- Profit (loss) carried forward -€898
down €898 (-9.2%), from -€9,749 to -€10,647
- Tax, wage and social debts +€338
up €338 (+377%), from €90 to €427
- Gross operating margin +€3,166
up €3,166, from -€1,567 to €1,598
- Financial charges +€202
up €202 (+35.9%), from €562 to €763
- Depreciation -€70
down €70 (-5.0%), from €1,406 to €1,336
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 | €8,635 | €7,291 | -€1,344 | -15.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,804 | €2,607 | -€197 | -7.0% |
| Intangible fixed assets | 21 | €125 | €961 | +€836 | +668% |
| Tangible fixed assets | 22/27 | €2,679 | €1,646 | -€1,033 | -38.6% |
| Plant, machinery and equipment | 23 | €2,013 | €1,383 | -€630 | -31.3% |
| Furniture and vehicles | 24 | €667 | €264 | -€403 | -60.4% |
| Current assets | 29/58 | €5,830 | €4,684 | -€1,147 | -19.7% |
| Stocks and contracts in progress | 3 | €4,623 | €3,612 | -€1,011 | -21.9% |
| Stocks | 30/36 | €4,623 | €3,612 | -€1,011 | -21.9% |
| Amounts receivable within one year | 40/41 | €81 | €376 | +€295 | +366% |
| Trade receivables | 40 | €81 | €376 | +€295 | +366% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,042 | €646 | -€396 | -38.0% |
| Deferred charges and accrued income | 490/1 | €85 | €50 | -€35 | -41.4% |
| Total equity and liabilities | 10/49 | €8,635 | €7,291 | -€1,344 | -15.6% |
| Equity | 10/15 | -€3,249 | -€4,147 | -€898 | -27.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,749 | -€10,647 | -€898 | -9.2% |
| Amounts payable | 17/49 | €11,884 | €11,439 | -€445 | -3.7% |
| Amounts payable within one year | 42/48 | €11,871 | €11,428 | -€443 | -3.7% |
| Trade debts | 44 | €5,904 | €3,319 | -€2,586 | -43.8% |
| Suppliers | 440/4 | €5,904 | €3,319 | -€2,586 | -43.8% |
| Taxes, remuneration and social security | 45 | €90 | €427 | +€338 | +377% |
| Taxes | 450/3 | €90 | €427 | +€338 | +377% |
| Other amounts payable | 47/48 | €5,877 | €7,682 | +€1,805 | +30.7% |
| Accrued charges and deferred income | 492/3 | €13 | €11 | -€2 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,406 | €1,336 | -€70 | -5.0% |
| Other operating charges | 640/8 | €399 | €400 | +€1 | +0.3% |
| Gross operating margin | 9900 | -€1,567 | €1,598 | +€3,166 | |
| Operating profit (loss) | 9901 | -€3,371 | -€137 | +€3,234 | +95.9% |
| Financial income | 75/76B | €2 | €2 | -€0 | -3.1% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -3.1% |
| Financial charges | 65/66B | €562 | €763 | +€202 | +35.9% |
| Recurring financial charges | 65 | €562 | €763 | +€202 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,931 | -€898 | +€3,033 | +77.1% |
| Profit (loss) for the period | 9904 | -€3,931 | -€898 | +€3,033 | +77.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,931 | -€898 | +€3,033 | +77.1% |
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 2 November 2026 via checked.be.