INFRAGRI: what changed
INFRAGRI
Largest movements
- Tangible fixed assets +€9,746
up €9,746 (+375%), from €2,601 to €12,347
of which Plant, machinery and equipment: +€10,565
- Cash -€4,219
down €4,219 (-10.5%), from €39,991 to €35,772
mainly Investment in fixed assets (net) (-€13,445) and Trade debts (-€2,596)
- Reserves +€3,966
up €3,966 (+10.5%), from €37,812 to €41,778
- Tax, wage and social debts +€3,008
up €3,008 (+1,373%), from €219 to €3,227
- Trade debts -€2,596
down €2,596 (-80.3%), from €3,232 to €636
- Advances received +€1,210
new in 2025: €1,210
- Depreciation +€2,196
up €2,196 (+146%), from €1,503 to €3,699
- Taxes -€947
down €947 (-40.3%), from €2,350 to €1,403
- Gross operating margin +€346
up €346 (+3.6%), from €9,483 to €9,829
- Financial charges +€112
up €112 (+32.5%), from €345 to €458
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,473 | €54,095 | +€5,622 | +11.6% |
| Fixed assets | 21/28 | €2,601 | €12,347 | +€9,746 | +375% |
| Tangible fixed assets | 22/27 | €2,601 | €12,347 | +€9,746 | +375% |
| Plant, machinery and equipment | 23 | €1,492 | €12,057 | +€10,565 | +708% |
| Furniture and vehicles | 24 | €1,109 | €290 | -€819 | -73.8% |
| Current assets | 29/58 | €45,872 | €41,748 | -€4,124 | -9.0% |
| Amounts receivable within one year | 40/41 | €5,103 | €4,680 | -€423 | -8.3% |
| Trade receivables | 40 | €3,028 | €1,007 | -€2,021 | -66.7% |
| Other amounts receivable | 41 | €2,075 | €3,672 | +€1,598 | +77.0% |
| Cash at bank and in hand | 54/58 | €39,991 | €35,772 | -€4,219 | -10.5% |
| Deferred charges and accrued income | 490/1 | €778 | €1,296 | +€518 | +66.5% |
| Total equity and liabilities | 10/49 | €48,473 | €54,095 | +€5,622 | +11.6% |
| Equity | 10/15 | €44,112 | €48,078 | +€3,966 | +9.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €37,812 | €41,778 | +€3,966 | +10.5% |
| Distributable reserves | 133 | €37,812 | €41,778 | +€3,966 | +10.5% |
| Amounts payable | 17/49 | €4,361 | €6,017 | +€1,656 | +38.0% |
| Amounts payable within one year | 42/48 | €4,361 | €6,017 | +€1,656 | +38.0% |
| Trade debts | 44 | €3,232 | €636 | -€2,596 | -80.3% |
| Suppliers | 440/4 | €3,232 | €636 | -€2,596 | -80.3% |
| Advances received on contracts in progress | 46 | - | €1,210 | +€1,210 | |
| Taxes, remuneration and social security | 45 | €219 | €3,227 | +€3,008 | +1,373% |
| Taxes | 450/3 | €219 | €3,227 | +€3,008 | +1,373% |
| Other amounts payable | 47/48 | €910 | €944 | +€34 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,503 | €3,699 | +€2,196 | +146% |
| Other operating charges | 640/8 | €603 | €631 | +€28 | +4.6% |
| Gross operating margin | 9900 | €9,483 | €9,829 | +€346 | +3.6% |
| Operating profit (loss) | 9901 | €7,377 | €5,499 | -€1,878 | -25.5% |
| Financial income | 75/76B | €355 | €328 | -€27 | -7.5% |
| Recurring financial income | 75 | €355 | €328 | -€27 | -7.5% |
| Financial charges | 65/66B | €345 | €458 | +€112 | +32.5% |
| Recurring financial charges | 65 | €345 | €458 | +€112 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €7,386 | €5,369 | -€2,017 | -27.3% |
| Income taxes | 67/77 | €2,350 | €1,403 | -€947 | -40.3% |
| Profit (loss) for the period | 9904 | €5,036 | €3,966 | -€1,070 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,036 | €3,966 | -€1,070 | -21.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.