Infra Technology: 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 Technology
Largest movements
- Receivables within one year +€13,089
up €13,089 (+92.2%), from €14,189 to €27,277
of which Trade receivables: +€13,089
- Cash +€11,008
up €11,008 (+22.2%), from €49,486 to €60,494
mainly Net result for the year (+€35,044) and Depreciation (+€18,689)
- Deferred charges and accrued income -€7,408
down €7,408 (-78.8%), from €9,404 to €1,997
- Tangible fixed assets -€5,896
down €5,896 (-11.1%), from €52,914 to €47,017
of which Furniture and vehicles: -€13,065
- Tax, wage and social debts +€7,648
up €7,648 (+88.5%), from €8,642 to €16,290
- Gross operating margin +€10,994
up €10,994 (+20.4%), from €53,817 to €64,811
- Taxes +€3,958
up €3,958 (+46.2%), from €8,561 to €12,519
- Depreciation +€2,618
up €2,618 (+16.3%), from €16,071 to €18,689
- Financial income -€1,262
down €1,262 (-41.7%), from €3,029 to €1,767
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,737 | €265,496 | +€9,759 | +3.8% |
| Fixed assets | 21/28 | €54,008 | €48,112 | -€5,896 | -10.9% |
| Tangible fixed assets | 22/27 | €52,914 | €47,017 | -€5,896 | -11.1% |
| Plant, machinery and equipment | 23 | €6,049 | €13,217 | +€7,169 | +119% |
| Furniture and vehicles | 24 | €46,865 | €33,800 | -€13,065 | -27.9% |
| Financial fixed assets | 28 | €1,094 | €1,094 | = | 0.0% |
| Current assets | 29/58 | €201,729 | €217,384 | +€15,655 | +7.8% |
| Stocks and contracts in progress | 3 | €28,650 | €27,616 | -€1,033 | -3.6% |
| Stocks | 30/36 | €28,650 | €27,616 | -€1,033 | -3.6% |
| Amounts receivable within one year | 40/41 | €14,189 | €27,277 | +€13,089 | +92.2% |
| Trade receivables | 40 | €11,846 | €24,934 | +€13,089 | +110% |
| Other amounts receivable | 41 | €2,343 | €2,343 | = | 0.0% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,486 | €60,494 | +€11,008 | +22.2% |
| Deferred charges and accrued income | 490/1 | €9,404 | €1,997 | -€7,408 | -78.8% |
| Total equity and liabilities | 10/49 | €255,737 | €265,496 | +€9,759 | +3.8% |
| Equity | 10/15 | €245,241 | €245,285 | +€44 | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,601 | €231,645 | +€44 | 0.0% |
| Amounts payable | 17/49 | €10,496 | €20,211 | +€9,715 | +92.6% |
| Amounts payable within one year | 42/48 | €10,496 | €20,211 | +€9,715 | +92.6% |
| Trade debts | 44 | €932 | €2,857 | +€1,926 | +207% |
| Suppliers | 440/4 | €932 | €2,857 | +€1,926 | +207% |
| Taxes, remuneration and social security | 45 | €8,642 | €16,290 | +€7,648 | +88.5% |
| Taxes | 450/3 | €8,642 | €16,290 | +€7,648 | +88.5% |
| Other amounts payable | 47/48 | €922 | €1,063 | +€141 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,071 | €18,689 | +€2,618 | +16.3% |
| Other operating charges | 640/8 | €224 | €254 | +€30 | +13.2% |
| Gross operating margin | 9900 | €53,817 | €64,811 | +€10,994 | +20.4% |
| Operating profit (loss) | 9901 | €37,521 | €45,868 | +€8,346 | +22.2% |
| Financial income | 75/76B | €3,029 | €1,767 | -€1,262 | -41.7% |
| Recurring financial income | 75 | €3,029 | €1,767 | -€1,262 | -41.7% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.1% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €40,483 | €47,563 | +€7,080 | +17.5% |
| Income taxes | 67/77 | €8,561 | €12,519 | +€3,958 | +46.2% |
| Profit (loss) for the period | 9904 | €31,922 | €35,044 | +€3,122 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,922 | €35,044 | +€3,122 | +9.8% |
Source: filed annual accounts (NBB), financial years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.