InPhiniTi: 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.
InPhiniTi
Largest movements
- Cash +€64,386
up €64,386 (+134%), from €48,196 to €112,581
mainly Receivables within one year (+€43,423) and Net result for the year (+€19,908)
- Receivables within one year -€43,423
down €43,423 (-78.0%), from €55,705 to €12,283
of which Trade receivables: -€47,684
- Tangible fixed assets -€1,353
down €1,353 (-42.2%), from €3,206 to €1,853
of which Furniture and vehicles: -€1,151
- Reserves +€19,908
up €19,908 (+20.7%), from €96,334 to €116,242
- Tax, wage and social debts +€6,607
up €6,607 (+558%), from €1,183 to €7,790
- Other debts -€5,946
no longer reported in 2025 (was €5,946)
- Gross operating margin -€78,276
down €78,276 (-72.7%), from €107,635 to €29,360
- Taxes -€15,645
down €15,645 (-74.6%), from €20,978 to €5,333
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 | €108,438 | €128,203 | +€19,766 | +18.2% |
| Fixed assets | 21/28 | €3,206 | €1,853 | -€1,353 | -42.2% |
| Tangible fixed assets | 22/27 | €3,206 | €1,853 | -€1,353 | -42.2% |
| Plant, machinery and equipment | 23 | €767 | €565 | -€202 | -26.4% |
| Furniture and vehicles | 24 | €2,439 | €1,288 | -€1,151 | -47.2% |
| Current assets | 29/58 | €105,231 | €126,350 | +€21,119 | +20.1% |
| Amounts receivable within one year | 40/41 | €55,705 | €12,283 | -€43,423 | -78.0% |
| Trade receivables | 40 | €47,684 | - | -€47,684 | |
| Other amounts receivable | 41 | €8,022 | €12,283 | +€4,261 | +53.1% |
| Cash at bank and in hand | 54/58 | €48,196 | €112,581 | +€64,386 | +134% |
| Deferred charges and accrued income | 490/1 | €1,330 | €1,486 | +€156 | +11.7% |
| Total equity and liabilities | 10/49 | €108,438 | €128,203 | +€19,766 | +18.2% |
| Equity | 10/15 | €99,334 | €119,242 | +€19,908 | +20.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €96,334 | €116,242 | +€19,908 | +20.7% |
| Distributable reserves | 133 | €96,334 | €116,242 | +€19,908 | +20.7% |
| Amounts payable | 17/49 | €9,103 | €8,961 | -€143 | -1.6% |
| Amounts payable within one year | 42/48 | €8,246 | €8,961 | +€715 | +8.7% |
| Trade debts | 44 | €1,117 | €1,171 | +€54 | +4.8% |
| Suppliers | 440/4 | €1,117 | €1,171 | +€54 | +4.8% |
| Taxes, remuneration and social security | 45 | €1,183 | €7,790 | +€6,607 | +558% |
| Taxes | 450/3 | €1,183 | €7,790 | +€6,607 | +558% |
| Other amounts payable | 47/48 | €5,946 | - | -€5,946 | |
| Accrued charges and deferred income | 492/3 | €857 | - | -€857 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,077 | €1,353 | +€276 | +25.6% |
| Other operating charges | 640/8 | €100 | €244 | +€144 | +144% |
| Gross operating margin | 9900 | €107,635 | €29,360 | -€78,276 | -72.7% |
| Operating profit (loss) | 9901 | €106,458 | €27,762 | -€78,696 | -73.9% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €3,493 | €2,578 | -€915 | -26.2% |
| Recurring financial charges | 65 | €3,493 | €2,578 | -€915 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €102,965 | €25,241 | -€77,723 | -75.5% |
| Income taxes | 67/77 | €20,978 | €5,333 | -€15,645 | -74.6% |
| Profit (loss) for the period | 9904 | €81,986 | €19,908 | -€62,078 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,986 | €19,908 | -€62,078 | -75.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.