Infratects: 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.
Infratects
Largest movements
- Cash +€44,179
up €44,179 (+4156.5%), from €1,063 to €45,242
mainly Tax, wage and social debts (+€56,797) and Other debts (+€17,490)
- Receivables within one year +€37,573
up €37,573 (+12.2%), from €308,412 to €345,985
of which Other amounts receivable: +€22,253
- Intangible fixed assets -€8,739
down €8,739 (-57.3%), from €15,259 to €6,520
- Tax, wage and social debts +€56,797
up €56,797 (+58.3%), from €97,370 to €154,167
of which Remuneration and social security: +€48,721
- Other debts +€17,490
up €17,490 (+18.8%), from €93,236 to €110,726
- Trade debts -€10,998
down €10,998 (-53.1%), from €20,706 to €9,709
- Profit (loss) carried forward +€9,061
up €9,061 (+8.3%), from €108,759 to €117,820
- Gross operating margin +€368,118
up €368,118 (+54.8%), from €671,726 to €1.0m
- Staff costs +€355,339
up €355,339 (+55.4%), from €641,752 to €997,092
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 | €329,881 | €403,108 | +€73,227 | +22.2% |
| Fixed assets | 21/28 | €15,405 | €6,520 | -€8,884 | -57.7% |
| Intangible fixed assets | 21 | €15,259 | €6,520 | -€8,739 | -57.3% |
| Tangible fixed assets | 22/27 | €146 | €0 | -€146 | -100.0% |
| Furniture and vehicles | 24 | €146 | €0 | -€146 | -100.0% |
| Current assets | 29/58 | €314,476 | €396,587 | +€82,111 | +26.1% |
| Amounts receivable within one year | 40/41 | €308,412 | €345,985 | +€37,573 | +12.2% |
| Trade receivables | 40 | €83,951 | €99,271 | +€15,320 | +18.2% |
| Other amounts receivable | 41 | €224,461 | €246,714 | +€22,253 | +9.9% |
| Cash at bank and in hand | 54/58 | €1,063 | €45,242 | +€44,179 | +4156.5% |
| Deferred charges and accrued income | 490/1 | €5,001 | €5,360 | +€359 | +7.2% |
| Total equity and liabilities | 10/49 | €329,881 | €403,108 | +€73,227 | +22.2% |
| Equity | 10/15 | €116,819 | €125,880 | +€9,061 | +7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,759 | €117,820 | +€9,061 | +8.3% |
| Amounts payable | 17/49 | €213,062 | €277,227 | +€64,166 | +30.1% |
| Amounts payable within one year | 42/48 | €211,312 | €274,601 | +€63,290 | +30.0% |
| Trade debts | 44 | €20,706 | €9,709 | -€10,998 | -53.1% |
| Suppliers | 440/4 | €20,706 | €9,709 | -€10,998 | -53.1% |
| Taxes, remuneration and social security | 45 | €97,370 | €154,167 | +€56,797 | +58.3% |
| Taxes | 450/3 | €6,821 | €14,897 | +€8,076 | +118.4% |
| Remuneration and social security | 454/9 | €90,548 | €139,270 | +€48,721 | +53.8% |
| Other amounts payable | 47/48 | €93,236 | €110,726 | +€17,490 | +18.8% |
| Accrued charges and deferred income | 492/3 | €1,750 | €2,626 | +€876 | +50.1% |
| Remuneration, social security and pensions | 62 | €641,752 | €997,092 | +€355,339 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,660 | €8,884 | -€5,775 | -39.4% |
| Other operating charges | 640/8 | €2,708 | €1,172 | -€1,536 | -56.7% |
| Gross operating margin | 9900 | €671,726 | €1,039,844 | +€368,118 | +54.8% |
| Operating profit (loss) | 9901 | €12,606 | €32,695 | +€20,090 | +159.4% |
| Financial income | 75/76B | €1,266 | €1,535 | +€269 | +21.2% |
| Recurring financial income | 75 | €1,266 | €1,535 | +€269 | +21.2% |
| Financial charges | 65/66B | €6,693 | €7,505 | +€811 | +12.1% |
| Recurring financial charges | 65 | €6,693 | €7,505 | +€811 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €7,179 | €26,726 | +€19,547 | +272.3% |
| Income taxes | 67/77 | €8,605 | €17,665 | +€9,060 | +105.3% |
| Profit (loss) for the period | 9904 | -€1,426 | €9,061 | +€10,487 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,426 | €9,061 | +€10,487 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.