INFRAHULP: 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.
INFRAHULP
Largest movements
- Receivables within one year -€34,427
down €34,427 (-98.5%), from €34,946 to €519
of which Trade receivables: -€32,622
- Current investments +€25,228
new in 2025: €25,228
- Cash -€5,419
down €5,419 (-17.8%), from €30,426 to €25,007
mainly Current investments (-€25,228) and Trade debts (-€15,611)
- Stocks and contracts +€2,700
up €2,700 (+100.0%), from €2,700 to €5,400
- Tangible fixed assets -€1,747
down €1,747 (-75.6%), from €2,312 to €565
- Trade debts -€15,611
down €15,611 (-93.8%), from €16,645 to €1,033
- Reserves +€1,985
up €1,985 (+5.0%), from €39,311 to €41,296
- Gross operating margin -€2,917
down €2,917 (-43.0%), from €6,779 to €3,862
- Depreciation -€2,224
down €2,224 (-86.6%), from €2,567 to €343
- Financial income +€228
up €228 (+2275300.0%), from €0 to €228
- Taxes -€106
down €106 (-9.0%), from €1,180 to €1,074
- Financial charges -€87
down €87 (-54.7%), from €159 to €72
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 | €70,740 | €56,718 | -€14,021 | -19.8% |
| Fixed assets | 21/28 | €2,312 | €565 | -€1,747 | -75.6% |
| Tangible fixed assets | 22/27 | €2,312 | €565 | -€1,747 | -75.6% |
| Furniture and vehicles | 24 | €2,312 | €565 | -€1,747 | -75.6% |
| Current assets | 29/58 | €68,427 | €56,153 | -€12,274 | -17.9% |
| Stocks and contracts in progress | 3 | €2,700 | €5,400 | +€2,700 | +100.0% |
| Stocks | 30/36 | €2,700 | €5,400 | +€2,700 | +100.0% |
| Amounts receivable within one year | 40/41 | €34,946 | €519 | -€34,427 | -98.5% |
| Trade receivables | 40 | €32,622 | - | -€32,622 | |
| Other amounts receivable | 41 | €2,325 | €519 | -€1,806 | -77.7% |
| Current investments | 50/53 | - | €25,228 | +€25,228 | |
| Cash at bank and in hand | 54/58 | €30,426 | €25,007 | -€5,419 | -17.8% |
| Deferred charges and accrued income | 490/1 | €355 | - | -€355 | |
| Total equity and liabilities | 10/49 | €70,740 | €56,718 | -€14,021 | -19.8% |
| Equity | 10/15 | €51,711 | €53,696 | +€1,985 | +3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €39,311 | €41,296 | +€1,985 | +5.0% |
| Distributable reserves | 133 | €39,311 | €41,296 | +€1,985 | +5.0% |
| Amounts payable | 17/49 | €19,028 | €3,022 | -€16,006 | -84.1% |
| Amounts payable within one year | 42/48 | €18,936 | €3,022 | -€15,914 | -84.0% |
| Trade debts | 44 | €16,645 | €1,033 | -€15,611 | -93.8% |
| Suppliers | 440/4 | €16,645 | €1,033 | -€15,611 | -93.8% |
| Taxes, remuneration and social security | 45 | €323 | €74 | -€249 | -77.1% |
| Taxes | 450/3 | €323 | €74 | -€249 | -77.1% |
| Other amounts payable | 47/48 | €1,969 | €1,915 | -€54 | -2.8% |
| Accrued charges and deferred income | 492/3 | €92 | - | -€92 | |
| Non-recurring operating income | 76A | - | €246 | +€246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,567 | €343 | -€2,224 | -86.6% |
| Other operating charges | 640/8 | €672 | €615 | -€58 | -8.6% |
| Gross operating margin | 9900 | €6,779 | €3,862 | -€2,917 | -43.0% |
| Operating profit (loss) | 9901 | €3,539 | €2,904 | -€636 | -18.0% |
| Financial income | 75/76B | €0 | €228 | +€228 | +2275300.0% |
| Recurring financial income | 75 | €0 | €228 | +€228 | +2275300.0% |
| Financial charges | 65/66B | €159 | €72 | -€87 | -54.7% |
| Recurring financial charges | 65 | €159 | €72 | -€87 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €3,380 | €3,059 | -€321 | -9.5% |
| Income taxes | 67/77 | €1,180 | €1,074 | -€106 | -9.0% |
| Profit (loss) for the period | 9904 | €2,200 | €1,985 | -€215 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,200 | €1,985 | -€215 | -9.8% |
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.