Infruse: 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.
Infruse
Largest movements
- Cash +€157,923
up €157,923 (+110.4%), from €143,051 to €300,974
mainly Net result for the year (+€111,816) and Tax, wage and social debts (+€35,432)
- Tangible fixed assets -€11,361
down €11,361 (-81.1%), from €14,004 to €2,644
- Profit (loss) carried forward +€110,150
up €110,150 (+90.8%), from €121,312 to €231,461
- Tax, wage and social debts +€35,432
up €35,432 (+75.7%), from €46,780 to €82,212
- Gross operating margin -€27,561
down €27,561 (-15.0%), from €183,222 to €155,660
- Depreciation -€10,367
down €10,367 (-47.7%), from €21,728 to €11,361
- Taxes -€5,147
down €5,147 (-13.5%), from €38,184 to €33,038
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 | €173,069 | €319,756 | +€146,686 | +84.8% |
| Fixed assets | 21/28 | €14,004 | €2,644 | -€11,361 | -81.1% |
| Tangible fixed assets | 22/27 | €14,004 | €2,644 | -€11,361 | -81.1% |
| Furniture and vehicles | 24 | €14,004 | €2,644 | -€11,361 | -81.1% |
| Current assets | 29/58 | €159,065 | €317,112 | +€158,047 | +99.4% |
| Amounts receivable within one year | 40/41 | €15,633 | €15,912 | +€279 | +1.8% |
| Trade receivables | 40 | €15,633 | €15,912 | +€279 | +1.8% |
| Cash at bank and in hand | 54/58 | €143,051 | €300,974 | +€157,923 | +110.4% |
| Deferred charges and accrued income | 490/1 | €381 | €226 | -€155 | -40.7% |
| Total equity and liabilities | 10/49 | €173,069 | €319,756 | +€146,686 | +84.8% |
| Equity | 10/15 | €123,812 | €233,961 | +€110,150 | +89.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,312 | €231,461 | +€110,150 | +90.8% |
| Amounts payable | 17/49 | €49,258 | €85,794 | +€36,537 | +74.2% |
| Amounts payable within one year | 42/48 | €47,181 | €84,194 | +€37,014 | +78.5% |
| Trade debts | 44 | €398 | €316 | -€81 | -20.5% |
| Suppliers | 440/4 | €398 | €316 | -€81 | -20.5% |
| Taxes, remuneration and social security | 45 | €46,780 | €82,212 | +€35,432 | +75.7% |
| Taxes | 450/3 | €46,780 | €82,212 | +€35,432 | +75.7% |
| Other amounts payable | 47/48 | €3 | €1,666 | +€1,663 | +55994.3% |
| Accrued charges and deferred income | 492/3 | €2,077 | €1,600 | -€477 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,728 | €11,361 | -€10,367 | -47.7% |
| Other operating charges | 640/8 | €1,889 | €768 | -€1,120 | -59.3% |
| Gross operating margin | 9900 | €183,222 | €155,660 | -€27,561 | -15.0% |
| Operating profit (loss) | 9901 | €159,605 | €143,531 | -€16,074 | -10.1% |
| Financial income | 75/76B | €9 | €1,411 | +€1,402 | +15487.2% |
| Recurring financial income | 75 | €9 | €1,411 | +€1,402 | +15487.2% |
| Financial charges | 65/66B | €117 | €88 | -€29 | -24.6% |
| Recurring financial charges | 65 | €117 | €88 | -€29 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €159,496 | €144,853 | -€14,643 | -9.2% |
| Income taxes | 67/77 | €38,184 | €33,038 | -€5,147 | -13.5% |
| Profit (loss) for the period | 9904 | €121,312 | €111,816 | -€9,496 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €121,312 | €111,816 | -€9,496 | -7.8% |
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 12 October 2026 via checked.be.