INFRAPLAN: 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.
INFRAPLAN
Largest movements
- Receivables within one year +€44,583
up €44,583 (+15.0%), from €297,250 to €341,832
of which Trade receivables: +€31,837
- Tangible fixed assets -€29,258
down €29,258 (-13.9%), from €210,336 to €181,078
- Trade debts +€64,389
up €64,389 (+165%), from €39,097 to €103,486
- Tax, wage and social debts -€33,075
down €33,075 (-67.1%), from €49,302 to €16,227
of which Taxes: -€36,404
- Debts after one year -€26,253
down €26,253 (-29.2%), from €89,991 to €63,738
- Gross operating margin -€47,891
down €47,891 (-23.8%), from €201,495 to €153,604
- Taxes -€15,011
down €15,011 (-39.4%), from €38,125 to €23,114
- Depreciation +€6,689
up €6,689 (+29.1%), from €22,969 to €29,658
- Financial charges -€2,612
down €2,612 (-46.3%), from €5,647 to €3,035
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 | €678,513 | €687,911 | +€9,398 | +1.4% |
| Fixed assets | 21/28 | €211,271 | €181,612 | -€29,658 | -14.0% |
| Intangible fixed assets | 21 | €934 | €534 | -€400 | -42.8% |
| Tangible fixed assets | 22/27 | €210,336 | €181,078 | -€29,258 | -13.9% |
| Land and buildings | 22 | €125,584 | €119,824 | -€5,760 | -4.6% |
| Plant, machinery and equipment | 23 | €17,473 | €11,399 | -€6,074 | -34.8% |
| Furniture and vehicles | 24 | €60,192 | €46,248 | -€13,944 | -23.2% |
| Leasing and similar rights | 25 | €6,101 | €3,607 | -€2,494 | -40.9% |
| Other tangible fixed assets | 26 | €986 | - | -€986 | |
| Current assets | 29/58 | €467,242 | €506,299 | +€39,057 | +8.4% |
| Amounts receivable within one year | 40/41 | €297,250 | €341,832 | +€44,583 | +15.0% |
| Trade receivables | 40 | €44,480 | €76,316 | +€31,837 | +71.6% |
| Other amounts receivable | 41 | €252,770 | €265,516 | +€12,746 | +5.0% |
| Cash at bank and in hand | 54/58 | €166,409 | €160,678 | -€5,732 | -3.4% |
| Deferred charges and accrued income | 490/1 | €3,583 | €3,789 | +€206 | +5.7% |
| Total equity and liabilities | 10/49 | €678,513 | €687,911 | +€9,398 | +1.4% |
| Equity | 10/15 | €473,264 | €473,575 | +€311 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €466,695 | €466,995 | +€300 | +0.1% |
| Distributable reserves | 133 | €466,695 | €466,995 | +€300 | +0.1% |
| Profit (loss) carried forward | 14 | €369 | €380 | +€11 | +3.0% |
| Amounts payable | 17/49 | €205,249 | €214,336 | +€9,087 | +4.4% |
| Amounts payable after more than one year | 17 | €89,991 | €63,738 | -€26,253 | -29.2% |
| Financial debts | 170/4 | €89,991 | €63,738 | -€26,253 | -29.2% |
| Amounts payable within one year | 42/48 | €115,258 | €150,598 | +€35,340 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €26,573 | €26,035 | -€538 | -2.0% |
| Financial debts | 43 | - | €2,533 | +€2,533 | |
| Credit institutions | 430/8 | - | €2,533 | +€2,533 | |
| Trade debts | 44 | €39,097 | €103,486 | +€64,389 | +165% |
| Suppliers | 440/4 | €39,097 | €103,486 | +€64,389 | +165% |
| Taxes, remuneration and social security | 45 | €49,302 | €16,227 | -€33,075 | -67.1% |
| Taxes | 450/3 | €41,386 | €4,981 | -€36,404 | -88.0% |
| Remuneration and social security | 454/9 | €7,916 | €11,246 | +€3,330 | +42.1% |
| Other amounts payable | 47/48 | €286 | €2,316 | +€2,030 | +709% |
| Non-recurring operating income | 76A | €9,869 | - | -€9,869 | |
| Remuneration, social security and pensions | 62 | €44,753 | €44,448 | -€305 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,969 | €29,658 | +€6,689 | +29.1% |
| Other operating charges | 640/8 | €2,393 | €1,772 | -€620 | -25.9% |
| Gross operating margin | 9900 | €201,495 | €153,604 | -€47,891 | -23.8% |
| Operating profit (loss) | 9901 | €131,380 | €77,725 | -€53,655 | -40.8% |
| Financial income | 75/76B | €260 | €2,084 | +€1,824 | +701% |
| Recurring financial income | 75 | €260 | €2,084 | +€1,824 | +701% |
| Financial charges | 65/66B | €5,647 | €3,035 | -€2,612 | -46.3% |
| Recurring financial charges | 65 | €5,647 | €3,035 | -€2,612 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €125,993 | €76,775 | -€49,219 | -39.1% |
| Income taxes | 67/77 | €38,125 | €23,114 | -€15,011 | -39.4% |
| Profit (loss) for the period | 9904 | €87,868 | €53,661 | -€34,208 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,868 | €53,661 | -€34,208 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.