Infrasoft: 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.
What changed
Infrasoft
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,170
2024 · €3,132+€39
Equity
€610,978
2024 · €607,808+€3,170
Cash
€94,148
2024 · €112,697-€18,550
Balance sheet total
€3.4m
2024 · €3.5m-€100,176
Largest movements
Assets
- Intangible fixed assets -€107,201
down €107,201 (-38.9%), from €275,365 to €168,164
- Stocks and contracts +€52,732
up €52,732 (+63.1%), from €83,622 to €136,354
- Receivables within one year -€40,435
down €40,435 (-1.4%), from €2.9m to €2.9m
of which Trade receivables: -€33,575
Equity and liabilities
- Other debts -€54,713
down €54,713 (-2.1%), from €2.6m to €2.6m
Income statement
- Financial charges -€42,768
down €42,768 (-24.3%), from €175,801 to €133,033
- Gross operating margin -€35,504
down €35,504 (-3.1%), from €1.2m to €1.1m
- Other operating charges -€16,295
down €16,295 (-82.0%), from €19,882 to €3,587
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.
Result 2024
€3,132
Gross operating margin
-€35,504
Staff costs
-€10,932
Depreciation
-€7,344
Other operating charges
+€16,295
Financial income
+€489
Financial charges
+€42,768
Taxes
-€5,734
Result 2025
€3,170
raises the resultlowers the result
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.
From operations
+€36,713
Investment
-€55,262
Financing
€0
Cash 2024
€112,697
From operations (derived)
+€36,713
Net result for the year
+€3,170
Depreciation
+€168,341
Stocks and contracts
-€52,732
Receivables within one year
+€40,435
Deferred charges and accrued income
-€19,156
Trade debts
-€22,616
Tax, wage and social debts
-€26,017
Other debts
-€54,713
Investment (derived)
-€55,262
Investment in fixed assets (net)
-€55,262
Cash 2025
€94,148
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,549,901 | €3,449,725 | -€100,176 | -2.8% |
| Fixed assets | 21/28 | €419,671 | €306,592 | -€113,079 | -26.9% |
| Intangible fixed assets | 21 | €275,365 | €168,164 | -€107,201 | -38.9% |
| Tangible fixed assets | 22/27 | €144,305 | €137,903 | -€6,402 | -4.4% |
| Plant, machinery and equipment | 23 | €3,587 | €3,814 | +€227 | +6.3% |
| Furniture and vehicles | 24 | €140,719 | €134,089 | -€6,629 | -4.7% |
| Financial fixed assets | 28 | - | €525 | +€525 | |
| Current assets | 29/58 | €3,130,230 | €3,143,133 | +€12,903 | +0.4% |
| Stocks and contracts in progress | 3 | €83,622 | €136,354 | +€52,732 | +63.1% |
| Stocks | 30/36 | €83,622 | €136,354 | +€52,732 | +63.1% |
| Amounts receivable within one year | 40/41 | €2,920,078 | €2,879,643 | -€40,435 | -1.4% |
| Trade receivables | 40 | €2,871,918 | €2,838,343 | -€33,575 | -1.2% |
| Other amounts receivable | 41 | €48,160 | €41,300 | -€6,859 | -14.2% |
| Cash at bank and in hand | 54/58 | €112,697 | €94,148 | -€18,550 | -16.5% |
| Deferred charges and accrued income | 490/1 | €13,832 | €32,988 | +€19,156 | +138% |
| Total equity and liabilities | 10/49 | €3,549,901 | €3,449,725 | -€100,176 | -2.8% |
| Equity | 10/15 | €607,808 | €610,978 | +€3,170 | +0.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €387,808 | €390,978 | +€3,170 | +0.8% |
| Amounts payable | 17/49 | €2,942,093 | €2,838,747 | -€103,346 | -3.5% |
| Amounts payable within one year | 42/48 | €2,942,093 | €2,838,747 | -€103,346 | -3.5% |
| Trade debts | 44 | €181,674 | €159,058 | -€22,616 | -12.4% |
| Suppliers | 440/4 | €181,674 | €159,058 | -€22,616 | -12.4% |
| Taxes, remuneration and social security | 45 | €143,717 | €117,700 | -€26,017 | -18.1% |
| Taxes | 450/3 | €56,556 | €78,206 | +€21,651 | +38.3% |
| Remuneration and social security | 454/9 | €87,161 | €39,493 | -€47,668 | -54.7% |
| Other amounts payable | 47/48 | €2,616,702 | €2,561,989 | -€54,713 | -2.1% |
| Non-recurring operating income | 76A | €15,105 | - | -€15,105 | |
| Remuneration, social security and pensions | 62 | €779,305 | €790,237 | +€10,932 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,997 | €168,341 | +€7,344 | +4.6% |
| Other operating charges | 640/8 | €19,882 | €3,587 | -€16,295 | -82.0% |
| Gross operating margin | 9900 | €1,159,723 | €1,124,219 | -€35,504 | -3.1% |
| Operating profit (loss) | 9901 | €199,539 | €162,055 | -€37,484 | -18.8% |
| Financial income | 75/76B | €230 | €719 | +€489 | +213% |
| Recurring financial income | 75 | €230 | €719 | +€489 | +213% |
| Financial charges | 65/66B | €175,801 | €133,033 | -€42,768 | -24.3% |
| Recurring financial charges | 65 | €175,801 | €133,033 | -€42,768 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €23,968 | €29,741 | +€5,773 | +24.1% |
| Income taxes | 67/77 | €20,836 | €26,570 | +€5,734 | +27.5% |
| Profit (loss) for the period | 9904 | €3,132 | €3,170 | +€39 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,132 | €3,170 | +€39 | +1.2% |
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.