INFRA BUILDING: 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.
INFRA BUILDING
Largest movements
- Cash -€31,595
down €31,595 (-66.1%), from €47,788 to €16,193
mainly Net result for the year (-€29,591) and Trade debts (-€8,832)
- Tangible fixed assets -€5,607
down €5,607 (-89.3%), from €6,281 to €673
of which Furniture and vehicles: -€4,000
- Profit (loss) carried forward -€29,591
new in 2025: -€29,591
- Trade debts -€8,832
down €8,832 (-56.3%), from €15,674 to €6,843
- Gross operating margin -€179,820
down €179,820, from €156,673 to -€23,147
- Taxes -€28,912
down €28,912 (-100%), from €28,912 to €0
- Other operating charges -€10,662
down €10,662 (-78.0%), from €13,666 to €3,004
- Financial income +€4,466
up €4,466 (+11,038%), from €40 to €4,507
- Depreciation -€2,704
down €2,704 (-58.4%), from €4,627 to €1,923
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 | €163,874 | €125,344 | -€38,529 | -23.5% |
| Fixed assets | 21/28 | €6,281 | €673 | -€5,607 | -89.3% |
| Tangible fixed assets | 22/27 | €6,281 | €673 | -€5,607 | -89.3% |
| Plant, machinery and equipment | 23 | €2,237 | €630 | -€1,607 | -71.8% |
| Furniture and vehicles | 24 | €4,044 | €44 | -€4,000 | -98.9% |
| Current assets | 29/58 | €157,593 | €124,671 | -€32,922 | -20.9% |
| Amounts receivable within one year | 40/41 | €109,805 | €108,478 | -€1,327 | -1.2% |
| Trade receivables | 40 | €28,024 | €22,031 | -€5,992 | -21.4% |
| Other amounts receivable | 41 | €81,782 | €86,447 | +€4,666 | +5.7% |
| Cash at bank and in hand | 54/58 | €47,788 | €16,193 | -€31,595 | -66.1% |
| Total equity and liabilities | 10/49 | €163,874 | €125,344 | -€38,529 | -23.5% |
| Equity | 10/15 | €91,251 | €61,660 | -€29,591 | -32.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,051 | €85,051 | = | 0.0% |
| Distributable reserves | 133 | €85,051 | €85,051 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,591 | -€29,591 | |
| Amounts payable | 17/49 | €72,622 | €63,685 | -€8,938 | -12.3% |
| Amounts payable within one year | 42/48 | €72,622 | €63,685 | -€8,938 | -12.3% |
| Trade debts | 44 | €15,674 | €6,843 | -€8,832 | -56.3% |
| Suppliers | 440/4 | €15,674 | €6,843 | -€8,832 | -56.3% |
| Advances received on contracts in progress | 46 | €14,215 | €14,215 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,924 | €31,818 | -€106 | -0.3% |
| Taxes | 450/3 | €31,924 | €31,818 | -€106 | -0.3% |
| Other amounts payable | 47/48 | €10,809 | €10,809 | = | 0.0% |
| Non-recurring operating income | 76A | €221,723 | €0 | -€221,723 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,627 | €1,923 | -€2,704 | -58.4% |
| Other operating charges | 640/8 | €13,666 | €3,004 | -€10,662 | -78.0% |
| Non-recurring operating charges | 66A | - | €3,684 | +€3,684 | |
| Gross operating margin | 9900 | €156,673 | -€23,147 | -€179,820 | |
| Operating profit (loss) | 9901 | €138,379 | -€31,758 | -€170,137 | |
| Financial income | 75/76B | €40 | €4,507 | +€4,466 | +11,038% |
| Recurring financial income | 75 | €40 | €4,507 | +€4,466 | +11,038% |
| Financial charges | 65/66B | €2,672 | €2,340 | -€332 | -12.4% |
| Recurring financial charges | 65 | €2,672 | €2,340 | -€332 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €135,748 | -€29,591 | -€165,339 | |
| Income taxes | 67/77 | €28,912 | €0 | -€28,912 | -100% |
| Profit (loss) for the period | 9904 | €106,836 | -€29,591 | -€136,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,836 | -€29,591 | -€136,427 |
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 25 October 2026 via checked.be.