INFOSAFE: 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.
INFOSAFE
Largest movements
- Cash -€43,839
down €43,839 (-51.8%), from €84,577 to €40,738
mainly Contributions, distributions and other (-€88,300) and Tax, wage and social debts (-€4,131)
- Tangible fixed assets -€2,115
down €2,115 (-18.9%), from €11,186 to €9,071
- Receivables within one year -€1,871
down €1,871 (-13.7%), from €13,665 to €11,794
of which Trade receivables: -€2,458
- Reserves -€42,505
down €42,505 (-46.3%), from €91,867 to €49,362
- Tax, wage and social debts -€4,131
down €4,131 (-27.3%), from €15,157 to €11,026
of which Remuneration and social security: -€7,805
- Trade debts -€1,207
down €1,207 (-65.1%), from €1,854 to €647
- Gross operating margin +€7,767
up €7,767 (+14.2%), from €54,553 to €62,320
- Taxes +€1,301
up €1,301 (+12.0%), from €10,826 to €12,127
- Depreciation +€805
up €805 (+28.3%), from €2,846 to €3,651
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.
Derived cash bridge
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 | €109,878 | €62,053 | -€47,825 | -43.5% |
| Fixed assets | 21/28 | €11,636 | €9,521 | -€2,115 | -18.2% |
| Tangible fixed assets | 22/27 | €11,186 | €9,071 | -€2,115 | -18.9% |
| Furniture and vehicles | 24 | €11,186 | €9,071 | -€2,115 | -18.9% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €98,242 | €52,532 | -€45,710 | -46.5% |
| Amounts receivable within one year | 40/41 | €13,665 | €11,794 | -€1,871 | -13.7% |
| Trade receivables | 40 | €12,282 | €9,824 | -€2,458 | -20.0% |
| Other amounts receivable | 41 | €1,383 | €1,970 | +€587 | +42.5% |
| Cash at bank and in hand | 54/58 | €84,577 | €40,738 | -€43,839 | -51.8% |
| Total equity and liabilities | 10/49 | €109,878 | €62,053 | -€47,825 | -43.5% |
| Equity | 10/15 | €92,867 | €50,362 | -€42,505 | -45.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €91,867 | €49,362 | -€42,505 | -46.3% |
| Distributable reserves | 133 | €91,867 | €49,362 | -€42,505 | -46.3% |
| Amounts payable | 17/49 | €17,011 | €11,691 | -€5,320 | -31.3% |
| Amounts payable within one year | 42/48 | €17,011 | €11,673 | -€5,338 | -31.4% |
| Trade debts | 44 | €1,854 | €647 | -€1,207 | -65.1% |
| Suppliers | 440/4 | €1,854 | €647 | -€1,207 | -65.1% |
| Taxes, remuneration and social security | 45 | €15,157 | €11,026 | -€4,131 | -27.3% |
| Taxes | 450/3 | €7,352 | €11,026 | +€3,673 | +50.0% |
| Remuneration and social security | 454/9 | €7,805 | - | -€7,805 | |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,846 | €3,651 | +€805 | +28.3% |
| Other operating charges | 640/8 | €359 | €673 | +€314 | +87.6% |
| Gross operating margin | 9900 | €54,553 | €62,320 | +€7,767 | +14.2% |
| Operating profit (loss) | 9901 | €51,348 | €57,996 | +€6,648 | +12.9% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €87 | €91 | +€4 | +4.8% |
| Recurring financial charges | 65 | €87 | €91 | +€4 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €51,262 | €57,922 | +€6,661 | +13.0% |
| Income taxes | 67/77 | €10,826 | €12,127 | +€1,301 | +12.0% |
| Profit (loss) for the period | 9904 | €40,436 | €45,795 | +€5,359 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,436 | €45,795 | +€5,359 | +13.3% |
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 28 October 2026 via checked.be.