Infra-Elflora: 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-Elflora
Largest movements
- Receivables within one year -€63,581
down €63,581 (-61.6%), from €103,162 to €39,581
of which Trade receivables: -€55,204
- Stocks and contracts -€20,210
down €20,210 (-14.4%), from €140,210 to €120,000
- Cash +€12,996
up €12,996 (+65.9%), from €19,721 to €32,717
mainly Debts after one year (+€90,000) and Receivables within one year (+€63,581)
- Deferred charges and accrued income +€5,253
up €5,253 (+47.6%), from €11,026 to €16,279
- Tangible fixed assets -€2,910
down €2,910 (-60.6%), from €4,806 to €1,896
- Reserves -€114,305
down €114,305 (-99.8%), from €114,577 to €272
- Debts after one year +€90,000
new in 2025: €90,000
- Trade debts -€48,493
down €48,493 (-30.5%), from €159,218 to €110,725
- Other debts +€4,117
up €4,117 (+3,180%), from €129 to €4,246
- Gross operating margin -€48,302
down €48,302 (-127%), from -€38,014 to -€86,315
- Write-downs +€11,712
new in 2025: €11,712
- Financial income -€1,218
down €1,218 (-100%), from €1,218 to €0
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 | €278,925 | €210,473 | -€68,452 | -24.5% |
| Fixed assets | 21/28 | €4,806 | €1,896 | -€2,910 | -60.6% |
| Tangible fixed assets | 22/27 | €4,806 | €1,896 | -€2,910 | -60.6% |
| Furniture and vehicles | 24 | €4,806 | €1,896 | -€2,910 | -60.6% |
| Current assets | 29/58 | €274,119 | €208,577 | -€65,542 | -23.9% |
| Stocks and contracts in progress | 3 | €140,210 | €120,000 | -€20,210 | -14.4% |
| Contracts in progress | 37 | €140,210 | €120,000 | -€20,210 | -14.4% |
| Amounts receivable within one year | 40/41 | €103,162 | €39,581 | -€63,581 | -61.6% |
| Trade receivables | 40 | €74,183 | €18,980 | -€55,204 | -74.4% |
| Other amounts receivable | 41 | €28,979 | €20,601 | -€8,377 | -28.9% |
| Cash at bank and in hand | 54/58 | €19,721 | €32,717 | +€12,996 | +65.9% |
| Deferred charges and accrued income | 490/1 | €11,026 | €16,279 | +€5,253 | +47.6% |
| Total equity and liabilities | 10/49 | €278,925 | €210,473 | -€68,452 | -24.5% |
| Equity | 10/15 | €119,577 | €5,272 | -€114,305 | -95.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €114,577 | €272 | -€114,305 | -99.8% |
| Distributable reserves | 133 | €114,577 | €272 | -€114,305 | -99.8% |
| Amounts payable | 17/49 | €159,348 | €205,201 | +€45,853 | +28.8% |
| Amounts payable after more than one year | 17 | - | €90,000 | +€90,000 | |
| Other amounts payable | 178/9 | - | €90,000 | +€90,000 | |
| Amounts payable within one year | 42/48 | €159,348 | €115,201 | -€44,147 | -27.7% |
| Trade debts | 44 | €159,218 | €110,725 | -€48,493 | -30.5% |
| Suppliers | 440/4 | €159,218 | €110,725 | -€48,493 | -30.5% |
| Taxes, remuneration and social security | 45 | - | €229 | +€229 | |
| Taxes | 450/3 | - | €229 | +€229 | |
| Other amounts payable | 47/48 | €129 | €4,246 | +€4,117 | +3,180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,051 | €2,910 | -€141 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,712 | +€11,712 | |
| Other operating charges | 640/8 | €1,370 | €1,445 | +€75 | +5.5% |
| Non-recurring operating charges | 66A | €8,796 | €10,000 | +€1,204 | +13.7% |
| Gross operating margin | 9900 | -€38,014 | -€86,315 | -€48,302 | -127% |
| Operating profit (loss) | 9901 | -€51,230 | -€112,383 | -€61,152 | -119% |
| Financial income | 75/76B | €1,218 | €0 | -€1,218 | -100% |
| Recurring financial income | 75 | €1,218 | €0 | -€1,218 | -100% |
| Financial charges | 65/66B | €1,413 | €1,694 | +€281 | +19.9% |
| Recurring financial charges | 65 | €1,413 | €1,694 | +€281 | +19.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€51,425 | -€114,076 | -€62,651 | -122% |
| Income taxes | 67/77 | €185 | €229 | +€44 | +23.8% |
| Profit (loss) for the period | 9904 | -€51,611 | -€114,305 | -€62,695 | -121% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,611 | -€114,305 | -€62,695 | -121% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.