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M&B Infinity: 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

M&B Infinity

BE 0735.708.871
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€40,020
2024 · €21,597+€18,422
Equity
€208,664
2024 · €168,645+€40,020
Cash
€3,916
2024 · €1,975+€1,941
Balance sheet total
€823,155
2024 · €778,652+€44,503

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€42,804

    up €42,804 (+20.9%), from €205,047 to €247,851

Equity and liabilities
  • Reserves +€40,020

    up €40,020 (+26.9%), from €148,645 to €188,664

Income statement
  • Gross operating margin +€20,958

    up €20,958 (+57.0%), from €36,799 to €57,757

  • Taxes +€5,228

    up €5,228 (+55.0%), from €9,506 to €14,733

  • Financial charges +€2,335

    up €2,335 (+349.6%), from €668 to €3,003

  • Other operating charges -€600

    no longer reported in 2025 (was €600)

From the 2024 result to the 2025 result

effect on the 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 €21,597
Gross operating margin +€20,958
Other operating charges +€600
Other operating items +€4,470
Financial income -€42
Financial charges -€2,335
Taxes -€5,228
Result 2025 €40,020

Cash bridge derived

cash 2024 to 2025

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 +€1,699
Investment +€242
Financing €0
Cash 2024 €1,975
Net result for the year +€40,020
Receivables within one year -€42,804
Trade debts -€1,059
Tax, wage and social debts +€5,542
Investment in fixed assets (net) +€242
Cash 2025 €3,916
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €778,652 €823,155 +€44,503 +5.7%
Fixed assets 21/28 €571,630 €571,388 -€242 0.0%
Financial fixed assets 28 €571,630 €571,388 -€242 0.0%
Current assets 29/58 €207,022 €251,767 +€44,745 +21.6%
Amounts receivable within one year 40/41 €205,047 €247,851 +€42,804 +20.9%
Other amounts receivable 41 €205,047 €247,851 +€42,804 +20.9%
Cash at bank and in hand 54/58 €1,975 €3,916 +€1,941 +98.3%
Total equity and liabilities 10/49 €778,652 €823,155 +€44,503 +5.7%
Equity 10/15 €168,645 €208,664 +€40,020 +23.7%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €148,645 €188,664 +€40,020 +26.9%
Distributable reserves 133 €148,645 €188,664 +€40,020 +26.9%
Amounts payable 17/49 €610,007 €614,490 +€4,484 +0.7%
Amounts payable after more than one year 17 €20,000 €20,000 = 0.0%
Financial debts 170/4 €20,000 €20,000 = 0.0%
Amounts payable within one year 42/48 €590,007 €594,490 +€4,484 +0.8%
Trade debts 44 €2,047 €988 -€1,059 -51.7%
Suppliers 440/4 €2,047 €988 -€1,059 -51.7%
Taxes, remuneration and social security 45 €18,697 €24,239 +€5,542 +29.6%
Taxes 450/3 €18,697 €24,239 +€5,542 +29.6%
Other amounts payable 47/48 €569,263 €569,263 = 0.0%
Non-recurring operating income 76A €3,564 €2,097 -€1,467 -41.2%
Other operating charges 640/8 €600 - -€600
Non-recurring operating charges 66A €4,470 - -€4,470
Gross operating margin 9900 €36,799 €57,757 +€20,958 +57.0%
Operating profit (loss) 9901 €31,729 €57,757 +€26,027 +82.0%
Financial income 75/76B €42 - -€42
Recurring financial income 75 €42 - -€42
Financial charges 65/66B €668 €3,003 +€2,335 +349.6%
Recurring financial charges 65 €668 €3,003 +€2,335 +349.6%
Profit (loss) for the period before taxes 9903 €31,103 €54,753 +€23,650 +76.0%
Income taxes 67/77 €9,506 €14,733 +€5,228 +55.0%
Profit (loss) for the period 9904 €21,597 €40,020 +€18,422 +85.3%
Profit (loss) for the period to be appropriated 9905 €21,597 €40,020 +€18,422 +85.3%

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 8 October 2026 via checked.be.