InfraConnect: 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.
InfraConnect
Largest movements
- Receivables within one year -€13,095
down €13,095 (-99.0%), from €13,229 to €134
- Cash +€790
up €790 (+18.3%), from €4,310 to €5,100
mainly Other debts (+€56,147) and Receivables within one year (+€13,095)
- Profit (loss) carried forward -€66,996
down €66,996 (-5.5%), from -€1.2m to -€1.3m
- Other debts +€56,147
up €56,147 (+4.8%), from €1.2m to €1.2m
- Trade debts -€1,405
down €1,405 (-7.4%), from €19,112 to €17,707
- Financial charges -€4,700
down €4,700 (-7.6%), from €61,597 to €56,896
- Gross operating margin -€1,697
down €1,697 (-22.0%), from -€7,721 to -€9,417
- Purchases and services +€1,697
up €1,697 (+22.0%), from €7,721 to €9,417
- Other operating charges -€119
down €119 (-14.8%), from €801 to €682
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 | €17,539 | €5,286 | -€12,254 | -69.9% |
| Current assets | 29/58 | €17,539 | €5,286 | -€12,254 | -69.9% |
| Amounts receivable within one year | 40/41 | €13,229 | €134 | -€13,095 | -99.0% |
| Other amounts receivable | 41 | €13,229 | €134 | -€13,095 | -99.0% |
| Cash at bank and in hand | 54/58 | €4,310 | €5,100 | +€790 | +18.3% |
| Deferred charges and accrued income | 490/1 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €17,539 | €5,286 | -€12,254 | -69.9% |
| Equity | 10/15 | -€1,166,354 | -€1,233,349 | -€66,996 | -5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,228,354 | -€1,295,349 | -€66,996 | -5.5% |
| Amounts payable | 17/49 | €1,183,893 | €1,238,635 | +€54,742 | +4.6% |
| Amounts payable within one year | 42/48 | €1,183,893 | €1,238,635 | +€54,742 | +4.6% |
| Trade debts | 44 | €19,112 | €17,707 | -€1,405 | -7.4% |
| Suppliers | 440/4 | €19,112 | €17,707 | -€1,405 | -7.4% |
| Other amounts payable | 47/48 | €1,164,780 | €1,220,928 | +€56,147 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,721 | €9,417 | +€1,697 | +22.0% |
| Other operating charges | 640/8 | €801 | €682 | -€119 | -14.8% |
| Gross operating margin | 9900 | -€7,721 | -€9,417 | -€1,697 | -22.0% |
| Operating profit (loss) | 9901 | -€8,522 | -€10,100 | -€1,578 | -18.5% |
| Financial charges | 65/66B | €61,597 | €56,896 | -€4,700 | -7.6% |
| Recurring financial charges | 65 | €61,597 | €56,896 | -€4,700 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€70,119 | -€66,996 | +€3,123 | +4.5% |
| Profit (loss) for the period | 9904 | -€70,119 | -€66,996 | +€3,123 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,119 | -€66,996 | +€3,123 | +4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.