Infra-Struct: what changed
Two fiscal 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-Struct
Largest movements
- Cash -€158,558
down €158,558 (-99.5%), from €159,310 to €752
mainly Trade debts (-€135,110) and Net result for the year (-€59,217)
- Receivables within one year -€80,431
down €80,431 (-33.9%), from €236,970 to €156,539
- Stocks and contracts +€44,661
up €44,661 (+200.6%), from €22,268 to €66,929
- Trade debts -€135,110
down €135,110 (-86.7%), from €155,913 to €20,803
- Profit (loss) carried forward -€59,217
down €59,217 (-94.5%), from €62,634 to €3,417
- Gross operating margin -€137,117
down €137,117, from €97,572 to -€39,545
- Taxes +€17,295
new in 2025: €17,295
- Financial charges -€2,002
down €2,002 (-52.0%), from €3,852 to €1,850
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.
Cash bridge derived
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 | €418,548 | €224,220 | -€194,327 | -46.4% |
| Current assets | 29/58 | €418,548 | €224,220 | -€194,327 | -46.4% |
| Stocks and contracts in progress | 3 | €22,268 | €66,929 | +€44,661 | +200.6% |
| Stocks | 30/36 | €22,268 | €66,929 | +€44,661 | +200.6% |
| Amounts receivable within one year | 40/41 | €236,970 | €156,539 | -€80,431 | -33.9% |
| Other amounts receivable | 41 | €236,970 | €156,539 | -€80,431 | -33.9% |
| Cash at bank and in hand | 54/58 | €159,310 | €752 | -€158,558 | -99.5% |
| Total equity and liabilities | 10/49 | €418,548 | €224,220 | -€194,327 | -46.4% |
| Equity | 10/15 | €262,634 | €203,417 | -€59,217 | -22.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,634 | €3,417 | -€59,217 | -94.5% |
| Amounts payable | 17/49 | €155,913 | €20,803 | -€135,110 | -86.7% |
| Amounts payable within one year | 42/48 | €155,913 | €20,803 | -€135,110 | -86.7% |
| Trade debts | 44 | €155,913 | €20,803 | -€135,110 | -86.7% |
| Suppliers | 440/4 | €155,913 | €20,803 | -€135,110 | -86.7% |
| Other operating charges | 640/8 | €665 | €528 | -€137 | -20.7% |
| Gross operating margin | 9900 | €97,572 | -€39,545 | -€137,117 | |
| Operating profit (loss) | 9901 | €96,907 | -€40,073 | -€136,980 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,852 | €1,850 | -€2,002 | -52.0% |
| Recurring financial charges | 65 | €3,852 | €1,850 | -€2,002 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €93,055 | -€41,922 | -€134,977 | |
| Income taxes | 67/77 | - | €17,295 | +€17,295 | |
| Profit (loss) for the period | 9904 | €93,055 | -€59,217 | -€152,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,055 | -€59,217 | -€152,272 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.