INFORMAX: 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.
INFORMAX
Largest movements
- Cash -€14,288
down €14,288 (-15.5%), from €92,347 to €78,060
mainly Tax, wage and social debts (-€20,781) and Investment in fixed assets (net) (-€1,313)
- Tangible fixed assets -€4,077
down €4,077 (-40.4%), from €10,097 to €6,019
of which Plant, machinery and equipment: -€3,050
- Receivables within one year -€1,776
down €1,776 (-11.0%), from €16,184 to €14,408
of which Trade receivables: -€2,166
- Tax, wage and social debts -€20,781
down €20,781 (-62.7%), from €33,147 to €12,366
- Gross operating margin +€3,822
up €3,822 (+62.5%), from €6,115 to €9,937
- Depreciation +€839
up €839 (+18.4%), from €4,551 to €5,390
- Other operating charges +€634
up €634 (+163.7%), from €387 to €1,022
- Taxes +€503
up €503 (+90.5%), from €556 to €1,059
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 | €119,874 | €99,506 | -€20,368 | -17.0% |
| Fixed assets | 21/28 | €10,097 | €6,019 | -€4,077 | -40.4% |
| Tangible fixed assets | 22/27 | €10,097 | €6,019 | -€4,077 | -40.4% |
| Plant, machinery and equipment | 23 | €7,484 | €4,433 | -€3,050 | -40.8% |
| Furniture and vehicles | 24 | €2,613 | €1,586 | -€1,027 | -39.3% |
| Current assets | 29/58 | €109,778 | €93,486 | -€16,291 | -14.8% |
| Amounts receivable within one year | 40/41 | €16,184 | €14,408 | -€1,776 | -11.0% |
| Trade receivables | 40 | €16,184 | €14,018 | -€2,166 | -13.4% |
| Other amounts receivable | 41 | €0 | €390 | +€390 | |
| Cash at bank and in hand | 54/58 | €92,347 | €78,060 | -€14,288 | -15.5% |
| Deferred charges and accrued income | 490/1 | €1,246 | €1,019 | -€227 | -18.2% |
| Total equity and liabilities | 10/49 | €119,874 | €99,506 | -€20,368 | -17.0% |
| Equity | 10/15 | €81,880 | €82,730 | +€851 | +1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,880 | €77,730 | +€851 | +1.1% |
| Distributable reserves | 133 | €76,880 | €77,730 | +€851 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €37,995 | €16,775 | -€21,219 | -55.8% |
| Amounts payable within one year | 42/48 | €37,995 | €16,775 | -€21,219 | -55.8% |
| Trade debts | 44 | €902 | €653 | -€249 | -27.6% |
| Suppliers | 440/4 | €902 | €653 | -€249 | -27.6% |
| Taxes, remuneration and social security | 45 | €33,147 | €12,366 | -€20,781 | -62.7% |
| Taxes | 450/3 | €33,147 | €12,366 | -€20,781 | -62.7% |
| Other amounts payable | 47/48 | €3,946 | €3,757 | -€189 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,551 | €5,390 | +€839 | +18.4% |
| Other operating charges | 640/8 | €387 | €1,022 | +€634 | +163.7% |
| Gross operating margin | 9900 | €6,115 | €9,937 | +€3,822 | +62.5% |
| Operating profit (loss) | 9901 | €1,176 | €3,525 | +€2,349 | +199.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,549 | €1,615 | +€66 | +4.3% |
| Recurring financial charges | 65 | €1,549 | €1,615 | +€66 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€373 | €1,910 | +€2,283 | |
| Income taxes | 67/77 | €556 | €1,059 | +€503 | +90.5% |
| Profit (loss) for the period | 9904 | -€929 | €851 | +€1,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€929 | €851 | +€1,780 |
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.