INFRONT: 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.
What changed
INFRONT
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€928,541
2024 · €1.3m-€335,515
Equity
€2.7m
2024 · €2.3m+€428,541
Cash
€16,313
2024 · €10,110+€6,202
Balance sheet total
€4.8m
2024 · €4.7m+€58,427
Largest movements
Assets
- Receivables within one year +€49,893
up €49,893 (+1.1%), from €4.6m to €4.6m
of which Trade receivables: +€154,963
Equity and liabilities
- Reserves +€428,550
up €428,550 (+19.3%), from €2.2m to €2.7m
of which Distributable reserves: +€323,300
- Other debts -€220,752
down €220,752 (-30.6%), from €720,752 to €500,000
- Tax, wage and social debts -€218,072
down €218,072 (-29.1%), from €748,525 to €530,454
of which Taxes: -€137,724
- Trade debts +€62,679
up €62,679 (+6.8%), from €926,052 to €988,732
Income statement
- Gross operating margin -€347,341
down €347,341 (-9.6%), from €3.6m to €3.3m
- Purchases and services +€271,674
up €271,674 (+4.7%), from €5.8m to €6.1m
- Taxes -€117,374
down €117,374 (-26.2%), from €448,789 to €331,414
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
€1.3m
Gross operating margin
-€347,341
Staff costs
-€50,073
Depreciation
+€135
Write-downs
+€2,651
Other operating charges
+€2,618
Other operating items
+€326
Financial income
-€65,302
Financial charges
+€4,097
Taxes
+€117,374
Result 2025
€928,541
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.
From operations
+€524,120
Investment
-€17,918
Financing
-€500,000
Cash 2024
€10,110
From operations (derived)
+€524,120
Net result for the year
+€928,541
Depreciation
+€18,715
Receivables within one year
-€49,893
Deferred charges and accrued income
-€3,129
Provisions
-€478
Trade debts
+€62,679
Tax, wage and social debts
-€218,072
Other debts
-€220,752
Accrued charges and deferred income
+€6,509
Investment (derived)
-€17,918
Investment in fixed assets (net)
-€17,918
Financing
-€500,000
Contributions, distributions and other
-€500,000
Cash 2025
€16,313
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,694,859 | €4,753,286 | +€58,427 | +1.2% |
| Fixed assets | 21/28 | €84,508 | €83,711 | -€797 | -0.9% |
| Tangible fixed assets | 22/27 | €34,908 | €34,111 | -€797 | -2.3% |
| Plant, machinery and equipment | 23 | €26,499 | €29,029 | +€2,530 | +9.5% |
| Furniture and vehicles | 24 | €3,470 | €1,746 | -€1,724 | -49.7% |
| Other tangible fixed assets | 26 | €4,940 | €3,336 | -€1,604 | -32.5% |
| Financial fixed assets | 28 | €49,600 | €49,600 | = | 0.0% |
| Current assets | 29/58 | €4,610,350 | €4,669,574 | +€59,224 | +1.3% |
| Amounts receivable within one year | 40/41 | €4,572,737 | €4,622,630 | +€49,893 | +1.1% |
| Trade receivables | 40 | €1,838,751 | €1,993,714 | +€154,963 | +8.4% |
| Other amounts receivable | 41 | €2,733,986 | €2,628,916 | -€105,070 | -3.8% |
| Cash at bank and in hand | 54/58 | €10,110 | €16,313 | +€6,202 | +61.3% |
| Deferred charges and accrued income | 490/1 | €27,502 | €30,631 | +€3,129 | +11.4% |
| Total equity and liabilities | 10/49 | €4,694,859 | €4,753,286 | +€58,427 | +1.2% |
| Equity | 10/15 | €2,284,893 | €2,713,434 | +€428,541 | +18.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,222,852 | €2,651,402 | +€428,550 | +19.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,250 | €210,500 | +€105,250 | +100.0% |
| Distributable reserves | 133 | €2,111,402 | €2,434,702 | +€323,300 | +15.3% |
| Profit (loss) carried forward | 14 | €41 | €32 | -€9 | -22.8% |
| Provisions and deferred taxes | 16 | €6,835 | €6,357 | -€478 | -7.0% |
| Provisions for liabilities and charges | 160/5 | €6,835 | €6,357 | -€478 | -7.0% |
| Pensions and similar obligations | 160 | €6,835 | €6,357 | -€478 | -7.0% |
| Amounts payable | 17/49 | €2,403,130 | €2,033,495 | -€369,635 | -15.4% |
| Amounts payable within one year | 42/48 | €2,395,330 | €2,019,185 | -€376,144 | -15.7% |
| Trade debts | 44 | €926,052 | €988,732 | +€62,679 | +6.8% |
| Suppliers | 440/4 | €926,052 | €988,732 | +€62,679 | +6.8% |
| Taxes, remuneration and social security | 45 | €748,525 | €530,454 | -€218,072 | -29.1% |
| Taxes | 450/3 | €422,554 | €284,830 | -€137,724 | -32.6% |
| Remuneration and social security | 454/9 | €325,971 | €245,624 | -€80,347 | -24.6% |
| Other amounts payable | 47/48 | €720,752 | €500,000 | -€220,752 | -30.6% |
| Accrued charges and deferred income | 492/3 | €7,801 | €14,310 | +€6,509 | +83.4% |
| Turnover | 70 | €9,287,892 | €9,200,261 | -€87,631 | -0.9% |
| Non-recurring operating income | 76A | €4,250 | - | -€4,250 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,802,402 | €6,074,076 | +€271,674 | +4.7% |
| Remuneration, social security and pensions | 62 | €1,949,655 | €1,999,728 | +€50,073 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,850 | €18,715 | -€135 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,173 | -€478 | -€2,651 | |
| Other operating charges | 640/8 | €11,276 | €8,658 | -€2,618 | -23.2% |
| Non-recurring operating charges | 66A | €326 | - | -€326 | |
| Gross operating margin | 9900 | €3,625,849 | €3,278,508 | -€347,341 | -9.6% |
| Operating profit (loss) | 9901 | €1,643,570 | €1,251,886 | -€391,684 | -23.8% |
| Financial income | 75/76B | €115,863 | €50,561 | -€65,302 | -56.4% |
| Recurring financial income | 75 | €115,863 | €50,561 | -€65,302 | -56.4% |
| Financial charges | 65/66B | €46,588 | €42,491 | -€4,097 | -8.8% |
| Recurring financial charges | 65 | €46,588 | €42,491 | -€4,097 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €1,712,844 | €1,259,955 | -€452,889 | -26.4% |
| Income taxes | 67/77 | €448,789 | €331,414 | -€117,374 | -26.2% |
| Profit (loss) for the period | 9904 | €1,264,056 | €928,541 | -€335,515 | -26.5% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €105,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,158,806 | €823,291 | -€335,515 | -29.0% |
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 9 October 2026 via checked.be.