Madyzzo Infi: 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.
Madyzzo Infi
Largest movements
- Cash +€15,012
up €15,012 (+25.4%), from €59,165 to €74,177
mainly Net result for the year (+€24,782) and Other debts (+€2,159)
- Deferred charges and accrued income +€1,219
new in 2025: €1,219
- Profit (loss) carried forward +€24,782
up €24,782 (+69.4%), from €35,711 to €60,494
- Tax, wage and social debts -€7,505
down €7,505 (-48.1%), from €15,590 to €8,084
of which Taxes: -€5,153
- Trade debts -€4,085
down €4,085 (-88.9%), from €4,597 to €512
- Other debts +€2,159
up €2,159 (+60.8%), from €3,552 to €5,710
- Gross operating margin -€15,199
down €15,199 (-30.6%), from €49,657 to €34,457
- Taxes -€5,153
down €5,153 (-38.9%), from €13,238 to €8,084
- Depreciation +€641
up €641 (+267%), from €240 to €881
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 | €61,450 | €76,800 | +€15,351 | +25.0% |
| Formation expenses | 20 | €894 | €637 | -€257 | -28.7% |
| Fixed assets | 21/28 | €1,391 | €767 | -€624 | -44.8% |
| Tangible fixed assets | 22/27 | €1,391 | €767 | -€624 | -44.8% |
| Furniture and vehicles | 24 | €1,391 | €767 | -€624 | -44.8% |
| Current assets | 29/58 | €59,165 | €75,396 | +€16,231 | +27.4% |
| Cash at bank and in hand | 54/58 | €59,165 | €74,177 | +€15,012 | +25.4% |
| Deferred charges and accrued income | 490/1 | - | €1,219 | +€1,219 | |
| Total equity and liabilities | 10/49 | €61,450 | €76,800 | +€15,351 | +25.0% |
| Equity | 10/15 | €37,711 | €62,494 | +€24,782 | +65.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,711 | €60,494 | +€24,782 | +69.4% |
| Amounts payable | 17/49 | €23,738 | €14,306 | -€9,432 | -39.7% |
| Amounts payable within one year | 42/48 | €23,738 | €14,306 | -€9,432 | -39.7% |
| Trade debts | 44 | €4,597 | €512 | -€4,085 | -88.9% |
| Suppliers | 440/4 | €4,597 | €512 | -€4,085 | -88.9% |
| Taxes, remuneration and social security | 45 | €15,590 | €8,084 | -€7,505 | -48.1% |
| Taxes | 450/3 | €13,238 | €8,084 | -€5,153 | -38.9% |
| Remuneration and social security | 454/9 | €2,352 | - | -€2,352 | |
| Other amounts payable | 47/48 | €3,552 | €5,710 | +€2,159 | +60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €881 | +€641 | +267% |
| Other operating charges | 640/8 | €467 | €400 | -€68 | -14.5% |
| Non-recurring operating charges | 66A | - | €156 | +€156 | |
| Gross operating margin | 9900 | €49,657 | €34,457 | -€15,199 | -30.6% |
| Operating profit (loss) | 9901 | €48,949 | €33,021 | -€15,929 | -32.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €0 | €154 | +€154 | +76,935% |
| Recurring financial charges | 65 | €0 | €154 | +€154 | +76,935% |
| Profit (loss) for the period before taxes | 9903 | €48,949 | €32,867 | -€16,083 | -32.9% |
| Income taxes | 67/77 | €13,238 | €8,084 | -€5,153 | -38.9% |
| Profit (loss) for the period | 9904 | €35,711 | €24,782 | -€10,929 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,711 | €24,782 | -€10,929 | -30.6% |
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 27 October 2026 via checked.be.