Infura: 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.
Infura
Largest movements
- Cash +€47,085
up €47,085 (+532%), from €8,853 to €55,938
mainly Net result for the year (+€49,834) and Depreciation (+€9,960)
- Tangible fixed assets -€8,267
down €8,267 (-16.3%), from €50,803 to €42,535
of which Other tangible fixed assets: -€4,220
- Receivables within one year +€1,282
up €1,282 (+5.5%), from €23,234 to €24,516
of which Trade receivables: +€1,650
- Reserves +€49,834
up €49,834 (+110%), from €45,431 to €95,265
- Debts after one year -€6,848
down €6,848 (-26.9%), from €25,483 to €18,636
- Other debts -€2,913
down €2,913 (-100%), from €2,913 to €0
- Trade debts +€1,729
up €1,729 (+145%), from €1,193 to €2,923
- Gross operating margin +€25,565
up €25,565 (+51.4%), from €49,749 to €75,313
- Taxes +€5,445
up €5,445 (+66.4%), from €8,195 to €13,641
- Other operating charges -€883
down €883 (-74.6%), from €1,184 to €301
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 | €87,032 | €127,896 | +€40,864 | +47.0% |
| Fixed assets | 21/28 | €50,803 | €42,535 | -€8,267 | -16.3% |
| Tangible fixed assets | 22/27 | €50,803 | €42,535 | -€8,267 | -16.3% |
| Plant, machinery and equipment | 23 | €10,629 | €7,778 | -€2,851 | -26.8% |
| Furniture and vehicles | 24 | €2,995 | €1,798 | -€1,196 | -39.9% |
| Other tangible fixed assets | 26 | €37,179 | €32,959 | -€4,220 | -11.4% |
| Current assets | 29/58 | €36,229 | €85,360 | +€49,131 | +136% |
| Amounts receivable within one year | 40/41 | €23,234 | €24,516 | +€1,282 | +5.5% |
| Trade receivables | 40 | €18,102 | €19,752 | +€1,650 | +9.1% |
| Other amounts receivable | 41 | €5,132 | €4,764 | -€368 | -7.2% |
| Cash at bank and in hand | 54/58 | €8,853 | €55,938 | +€47,085 | +532% |
| Deferred charges and accrued income | 490/1 | €4,143 | €4,907 | +€764 | +18.4% |
| Total equity and liabilities | 10/49 | €87,032 | €127,896 | +€40,864 | +47.0% |
| Equity | 10/15 | €45,617 | €95,451 | +€49,834 | +109% |
| Contributions | 10/11 | €186 | €186 | = | 0.0% |
| Reserves | 13 | €45,431 | €95,265 | +€49,834 | +110% |
| Distributable reserves | 133 | €45,431 | €95,265 | +€49,834 | +110% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €41,415 | €32,445 | -€8,970 | -21.7% |
| Amounts payable after more than one year | 17 | €25,483 | €18,636 | -€6,848 | -26.9% |
| Financial debts | 170/4 | €25,483 | €18,636 | -€6,848 | -26.9% |
| Amounts payable within one year | 42/48 | €15,628 | €13,810 | -€1,819 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €6,511 | €6,848 | +€336 | +5.2% |
| Financial debts | 43 | €3 | €33 | +€30 | +1,003% |
| Credit institutions | 430/8 | €3 | €33 | +€30 | +1,003% |
| Trade debts | 44 | €1,193 | €2,923 | +€1,729 | +145% |
| Suppliers | 440/4 | €1,193 | €2,923 | +€1,729 | +145% |
| Taxes, remuneration and social security | 45 | €5,008 | €4,006 | -€1,002 | -20.0% |
| Taxes | 450/3 | €4,871 | €4,000 | -€871 | -17.9% |
| Remuneration and social security | 454/9 | €137 | €7 | -€131 | -95.2% |
| Other amounts payable | 47/48 | €2,913 | €0 | -€2,913 | -100% |
| Accrued charges and deferred income | 492/3 | €304 | €0 | -€304 | -100% |
| Non-recurring operating income | 76A | - | €165 | +€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,547 | €9,960 | -€587 | -5.6% |
| Other operating charges | 640/8 | €1,184 | €301 | -€883 | -74.6% |
| Gross operating margin | 9900 | €49,749 | €75,313 | +€25,565 | +51.4% |
| Operating profit (loss) | 9901 | €38,018 | €65,053 | +€27,035 | +71.1% |
| Financial income | 75/76B | €0 | €44 | +€44 | |
| Recurring financial income | 75 | €0 | €44 | +€44 | |
| Financial charges | 65/66B | €2,269 | €1,622 | -€647 | -28.5% |
| Recurring financial charges | 65 | €2,269 | €1,622 | -€647 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €35,749 | €63,474 | +€27,726 | +77.6% |
| Income taxes | 67/77 | €8,195 | €13,641 | +€5,445 | +66.4% |
| Profit (loss) for the period | 9904 | €27,553 | €49,834 | +€22,280 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,553 | €49,834 | +€22,280 | +80.9% |
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 28 October 2026 via checked.be.