INFRA SALES: 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 SALES
Largest movements
- Receivables within one year +€40,112
up €40,112 (+206%), from €19,475 to €59,587
of which Trade receivables: +€43,054
- Tangible fixed assets -€34,107
down €34,107 (-7.1%), from €479,607 to €445,501
of which Land and buildings: -€34,767
- Cash -€21,059
down €21,059 (-30.0%), from €70,291 to €49,233
mainly Receivables within one year (-€40,112) and Debts after one year (-€33,570)
- Debts after one year -€33,570
down €33,570 (-10.0%), from €335,135 to €301,564
- Reserves +€13,500
up €13,500 (+9.6%), from €140,860 to €154,360
- Tax, wage and social debts +€7,225
up €7,225 (+50.7%), from €14,255 to €21,481
of which Taxes: +€6,897
- Gross operating margin +€36,767
up €36,767 (+35.9%), from €102,330 to €139,097
- Taxes +€8,012
up €8,012 (+102%), from €7,859 to €15,870
- Staff costs +€3,837
up €3,837 (+8.3%), from €46,145 to €49,982
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 | €591,334 | €575,122 | -€16,213 | -2.7% |
| Fixed assets | 21/28 | €479,607 | €445,501 | -€34,107 | -7.1% |
| Tangible fixed assets | 22/27 | €479,607 | €445,501 | -€34,107 | -7.1% |
| Land and buildings | 22 | €476,141 | €441,374 | -€34,767 | -7.3% |
| Plant, machinery and equipment | 23 | - | €1,520 | +€1,520 | |
| Furniture and vehicles | 24 | €3,466 | €2,607 | -€859 | -24.8% |
| Current assets | 29/58 | €111,727 | €129,621 | +€17,894 | +16.0% |
| Amounts receivable within one year | 40/41 | €19,475 | €59,587 | +€40,112 | +206% |
| Trade receivables | 40 | €16,103 | €59,157 | +€43,054 | +267% |
| Other amounts receivable | 41 | €3,372 | €430 | -€2,942 | -87.2% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,291 | €49,233 | -€21,059 | -30.0% |
| Deferred charges and accrued income | 490/1 | €1,961 | €801 | -€1,160 | -59.1% |
| Total equity and liabilities | 10/49 | €591,334 | €575,122 | -€16,213 | -2.7% |
| Equity | 10/15 | €201,383 | €214,908 | +€13,524 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €140,860 | €154,360 | +€13,500 | +9.6% |
| Distributable reserves | 133 | €140,860 | €154,360 | +€13,500 | +9.6% |
| Profit (loss) carried forward | 14 | €54,323 | €54,348 | +€24 | 0.0% |
| Amounts payable | 17/49 | €389,951 | €360,214 | -€29,737 | -7.6% |
| Amounts payable after more than one year | 17 | €335,135 | €301,564 | -€33,570 | -10.0% |
| Financial debts | 170/4 | €335,135 | €301,564 | -€33,570 | -10.0% |
| Amounts payable within one year | 42/48 | €54,817 | €58,650 | +€3,833 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €33,172 | €33,570 | +€398 | +1.2% |
| Financial debts | 43 | €409 | €192 | -€216 | -52.9% |
| Credit institutions | 430/8 | €409 | €192 | -€216 | -52.9% |
| Trade debts | 44 | €3,711 | €26 | -€3,685 | -99.3% |
| Suppliers | 440/4 | €3,711 | €26 | -€3,685 | -99.3% |
| Taxes, remuneration and social security | 45 | €14,255 | €21,481 | +€7,225 | +50.7% |
| Taxes | 450/3 | €8,729 | €15,626 | +€6,897 | +79.0% |
| Remuneration and social security | 454/9 | €5,526 | €5,854 | +€328 | +5.9% |
| Other amounts payable | 47/48 | €3,269 | €3,380 | +€110 | +3.4% |
| Non-recurring operating income | 76A | - | €18,157 | +€18,157 | |
| Remuneration, social security and pensions | 62 | €46,145 | €49,982 | +€3,837 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,455 | €23,248 | +€793 | +3.5% |
| Other operating charges | 640/8 | €3,281 | €2,838 | -€443 | -13.5% |
| Gross operating margin | 9900 | €102,330 | €139,097 | +€36,767 | +35.9% |
| Operating profit (loss) | 9901 | €30,448 | €63,028 | +€32,580 | +107% |
| Financial income | 75/76B | €98 | €126 | +€28 | +28.7% |
| Recurring financial income | 75 | €98 | €126 | +€28 | +28.7% |
| Financial charges | 65/66B | €4,864 | €4,760 | -€103 | -2.1% |
| Recurring financial charges | 65 | €4,864 | €4,760 | -€103 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €25,683 | €58,394 | +€32,712 | +127% |
| Income taxes | 67/77 | €7,859 | €15,870 | +€8,012 | +102% |
| Profit (loss) for the period | 9904 | €17,824 | €42,524 | +€24,700 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €17,824 | €42,524 | +€24,700 | +139% |
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 30 October 2026 via checked.be.