Infra42: 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.
Infra42
Largest movements
- Cash +€12,093
up €12,093 (+663.7%), from €1,822 to €13,915
mainly Net result for the year (+€14,100) and Depreciation (+€11,847)
- Receivables within one year -€7,330
down €7,330 (-38.2%), from €19,183 to €11,853
of which Other amounts receivable: -€5,388
- Tangible fixed assets +€5,886
up €5,886 (+17.4%), from €33,898 to €39,784
of which Plant, machinery and equipment: +€12,090
- Reserves +€14,100
up €14,100 (+178.6%), from €7,895 to €21,995
- Trade debts -€13,398
down €13,398 (-78.8%), from €17,008 to €3,610
- Current portion of long-term debt +€6,839
up €6,839 (+110.7%), from €6,178 to €13,017
- Debts after one year +€2,272
up €2,272 (+19.8%), from €11,456 to €13,728
- Tax, wage and social debts +€1,440
up €1,440 (+14.2%), from €10,118 to €11,558
of which Taxes: +€3,615
- Gross operating margin +€9,510
up €9,510 (+39.8%), from €23,880 to €33,390
- Taxes +€931
up €931 (+36.1%), from €2,582 to €3,513
- Depreciation +€576
up €576 (+5.1%), from €11,271 to €11,847
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 | €54,903 | €66,156 | +€11,253 | +20.5% |
| Fixed assets | 21/28 | €33,898 | €39,784 | +€5,886 | +17.4% |
| Tangible fixed assets | 22/27 | €33,898 | €39,784 | +€5,886 | +17.4% |
| Plant, machinery and equipment | 23 | €9,970 | €22,060 | +€12,090 | +121.3% |
| Furniture and vehicles | 24 | €23,928 | €17,724 | -€6,204 | -25.9% |
| Current assets | 29/58 | €21,005 | €26,372 | +€5,367 | +25.6% |
| Amounts receivable within one year | 40/41 | €19,183 | €11,853 | -€7,330 | -38.2% |
| Trade receivables | 40 | €13,770 | €11,828 | -€1,942 | -14.1% |
| Other amounts receivable | 41 | €5,413 | €25 | -€5,388 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,822 | €13,915 | +€12,093 | +663.7% |
| Deferred charges and accrued income | 490/1 | - | €604 | +€604 | |
| Total equity and liabilities | 10/49 | €54,903 | €66,156 | +€11,253 | +20.5% |
| Equity | 10/15 | €9,895 | €23,995 | +€14,100 | +142.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,895 | €21,995 | +€14,100 | +178.6% |
| Distributable reserves | 133 | €7,895 | €21,995 | +€14,100 | +178.6% |
| Amounts payable | 17/49 | €45,008 | €42,161 | -€2,847 | -6.3% |
| Amounts payable after more than one year | 17 | €11,456 | €13,728 | +€2,272 | +19.8% |
| Financial debts | 170/4 | €11,456 | €13,728 | +€2,272 | +19.8% |
| Amounts payable within one year | 42/48 | €33,552 | €28,433 | -€5,119 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €6,178 | €13,017 | +€6,839 | +110.7% |
| Trade debts | 44 | €17,008 | €3,610 | -€13,398 | -78.8% |
| Suppliers | 440/4 | €17,008 | €3,610 | -€13,398 | -78.8% |
| Taxes, remuneration and social security | 45 | €10,118 | €11,558 | +€1,440 | +14.2% |
| Taxes | 450/3 | €3,588 | €7,203 | +€3,615 | +100.8% |
| Remuneration and social security | 454/9 | €6,530 | €4,355 | -€2,175 | -33.3% |
| Other amounts payable | 47/48 | €248 | €248 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,271 | €11,847 | +€576 | +5.1% |
| Other operating charges | 640/8 | €581 | €828 | +€247 | +42.5% |
| Non-recurring operating charges | 66A | - | €1,436 | +€1,436 | |
| Gross operating margin | 9900 | €23,880 | €33,390 | +€9,510 | +39.8% |
| Operating profit (loss) | 9901 | €12,028 | €19,279 | +€7,251 | +60.3% |
| Financial income | 75/76B | €2 | €1 | -€1 | -50.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -50.0% |
| Financial charges | 65/66B | €1,553 | €1,667 | +€114 | +7.3% |
| Recurring financial charges | 65 | €1,553 | €1,667 | +€114 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €10,477 | €17,613 | +€7,136 | +68.1% |
| Income taxes | 67/77 | €2,582 | €3,513 | +€931 | +36.1% |
| Profit (loss) for the period | 9904 | €7,895 | €14,100 | +€6,205 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,895 | €14,100 | +€6,205 | +78.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.