INFORUM: 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.
INFORUM
Largest movements
- Current investments +€177,031
up €177,031 (+48.3%), from €366,414 to €543,444
- Receivables within one year +€53,017
up €53,017 (+19.2%), from €276,572 to €329,589
of which Trade receivables: +€49,915
- Cash +€19,791
up €19,791 (+18.5%), from €106,767 to €126,558
mainly Net result for the year (+€196,991) and Tax, wage and social debts (+€59,880)
- Profit (loss) carried forward +€187,142
up €187,142 (+11989.3%), from €1,561 to €188,702
- Tax, wage and social debts +€59,880
up €59,880 (+21.8%), from €274,211 to €334,090
of which Taxes: +€67,251
- Gross operating margin +€154,021
up €154,021 (+9.0%), from €1.7m to €1.9m
- Taxes +€79,369
up €79,369 (+3084.2%), from €2,573 to €81,942
- Staff costs -€59,720
down €59,720 (-3.7%), from €1.6m to €1.6m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,885 | €1,106,461 | +€248,576 | +29.0% |
| Fixed assets | 21/28 | €108,132 | €103,984 | -€4,148 | -3.8% |
| Intangible fixed assets | 21 | €102,432 | €100,509 | -€1,923 | -1.9% |
| Tangible fixed assets | 22/27 | €2,843 | €618 | -€2,225 | -78.3% |
| Furniture and vehicles | 24 | €2,843 | €618 | -€2,225 | -78.3% |
| Financial fixed assets | 28 | €2,857 | €2,857 | = | 0.0% |
| Current assets | 29/58 | €749,753 | €1,002,477 | +€252,724 | +33.7% |
| Amounts receivable within one year | 40/41 | €276,572 | €329,589 | +€53,017 | +19.2% |
| Trade receivables | 40 | €276,511 | €326,426 | +€49,915 | +18.1% |
| Other amounts receivable | 41 | €61 | €3,164 | +€3,102 | +5061.8% |
| Current investments | 50/53 | €366,414 | €543,444 | +€177,031 | +48.3% |
| Cash at bank and in hand | 54/58 | €106,767 | €126,558 | +€19,791 | +18.5% |
| Deferred charges and accrued income | 490/1 | - | €2,885 | +€2,885 | |
| Total equity and liabilities | 10/49 | €857,885 | €1,106,461 | +€248,576 | +29.0% |
| Equity | 10/15 | €373,484 | €570,475 | +€196,991 | +52.7% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €83 | €9,933 | +€9,850 | +11866.9% |
| Non-distributable reserves | 130/1 | €83 | €9,933 | +€9,850 | +11866.9% |
| Legal reserve | 130 | €83 | €9,933 | +€9,850 | +11866.9% |
| Profit (loss) carried forward | 14 | €1,561 | €188,702 | +€187,142 | +11989.3% |
| Amounts payable | 17/49 | €484,400 | €535,985 | +€51,585 | +10.6% |
| Amounts payable within one year | 42/48 | €484,400 | €535,985 | +€51,585 | +10.6% |
| Trade debts | 44 | €53,664 | €45,369 | -€8,295 | -15.5% |
| Suppliers | 440/4 | €53,664 | €45,369 | -€8,295 | -15.5% |
| Taxes, remuneration and social security | 45 | €274,211 | €334,090 | +€59,880 | +21.8% |
| Taxes | 450/3 | €61,451 | €128,703 | +€67,251 | +109.4% |
| Remuneration and social security | 454/9 | €212,759 | €205,388 | -€7,372 | -3.5% |
| Other amounts payable | 47/48 | €156,526 | €156,526 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,619,212 | €1,559,492 | -€59,720 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,452 | €39,435 | -€4,017 | -9.2% |
| Other operating charges | 640/8 | - | €987 | +€987 | |
| Gross operating margin | 9900 | €1,713,605 | €1,867,627 | +€154,021 | +9.0% |
| Operating profit (loss) | 9901 | €50,942 | €267,714 | +€216,772 | +425.5% |
| Financial income | 75/76B | €5,607 | €11,966 | +€6,359 | +113.4% |
| Recurring financial income | 75 | €5,607 | €11,966 | +€6,359 | +113.4% |
| Financial charges | 65/66B | €434 | €747 | +€312 | +71.9% |
| Recurring financial charges | 65 | €434 | €747 | +€312 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €56,114 | €278,933 | +€222,819 | +397.1% |
| Income taxes | 67/77 | €2,573 | €81,942 | +€79,369 | +3084.2% |
| Profit (loss) for the period | 9904 | €53,541 | €196,991 | +€143,450 | +267.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,541 | €196,991 | +€143,450 | +267.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.