MY INFRA: 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.
MY INFRA
Largest movements
- Receivables within one year +€76,687
up €76,687 (+253%), from €30,279 to €106,966
of which Trade receivables: +€77,565
- Tangible fixed assets -€23,053
down €23,053 (-30.2%), from €76,256 to €53,203
of which Furniture and vehicles: -€11,530
- Cash +€17,010
up €17,010 (+170%), from €9,982 to €26,992
mainly Depreciation (+€27,423) and Net result for the year (+€23,168)
- Financial fixed assets -€4,700
down €4,700 (-82.5%), from €5,700 to €1,000
- Reserves +€23,168
up €23,168 (+39.0%), from €59,452 to €82,620
- Trade debts +€12,535
new in 2025: €12,535
- Current portion of long-term debt +€11,931
new in 2025: €11,931
- Debts after one year +€11,288
new in 2025: €11,288
- Tax, wage and social debts +€3,541
up €3,541 (+17.5%), from €20,243 to €23,784
of which Remuneration and social security: +€13,668
- Staff costs -€72,290
down €72,290 (-37.3%), from €193,607 to €121,318
- Gross operating margin -€38,117
down €38,117 (-16.7%), from €228,811 to €190,694
- Taxes +€7,119
up €7,119 (+46,376%), from €15 to €7,134
- Depreciation -€6,198
down €6,198 (-18.4%), from €33,621 to €27,423
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 | €122,216 | €188,161 | +€65,945 | +54.0% |
| Fixed assets | 21/28 | €81,956 | €54,203 | -€27,753 | -33.9% |
| Tangible fixed assets | 22/27 | €76,256 | €53,203 | -€23,053 | -30.2% |
| Land and buildings | 22 | €5,902 | €4,438 | -€1,464 | -24.8% |
| Plant, machinery and equipment | 23 | €47,936 | €37,877 | -€10,058 | -21.0% |
| Furniture and vehicles | 24 | €22,418 | €10,888 | -€11,530 | -51.4% |
| Financial fixed assets | 28 | €5,700 | €1,000 | -€4,700 | -82.5% |
| Current assets | 29/58 | €40,260 | €133,958 | +€93,697 | +233% |
| Amounts receivable within one year | 40/41 | €30,279 | €106,966 | +€76,687 | +253% |
| Trade receivables | 40 | €20,638 | €98,204 | +€77,565 | +376% |
| Other amounts receivable | 41 | €9,641 | €8,762 | -€878 | -9.1% |
| Cash at bank and in hand | 54/58 | €9,982 | €26,992 | +€17,010 | +170% |
| Total equity and liabilities | 10/49 | €122,216 | €188,161 | +€65,945 | +54.0% |
| Equity | 10/15 | €89,452 | €112,620 | +€23,168 | +25.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €59,452 | €82,620 | +€23,168 | +39.0% |
| Distributable reserves | 133 | €59,452 | €82,620 | +€23,168 | +39.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,764 | €75,541 | +€42,777 | +131% |
| Amounts payable after more than one year | 17 | - | €11,288 | +€11,288 | |
| Financial debts | 170/4 | - | €11,288 | +€11,288 | |
| Amounts payable within one year | 42/48 | €32,764 | €64,252 | +€31,488 | +96.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,931 | +€11,931 | |
| Trade debts | 44 | - | €12,535 | +€12,535 | |
| Suppliers | 440/4 | - | €12,535 | +€12,535 | |
| Taxes, remuneration and social security | 45 | €20,243 | €23,784 | +€3,541 | +17.5% |
| Taxes | 450/3 | €17,262 | €7,134 | -€10,128 | -58.7% |
| Remuneration and social security | 454/9 | €2,982 | €16,650 | +€13,668 | +458% |
| Other amounts payable | 47/48 | €12,521 | €16,002 | +€3,481 | +27.8% |
| Remuneration, social security and pensions | 62 | €193,607 | €121,318 | -€72,290 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,621 | €27,423 | -€6,198 | -18.4% |
| Other operating charges | 640/8 | €4,842 | €6,388 | +€1,546 | +31.9% |
| Non-recurring operating charges | 66A | - | €3,166 | +€3,166 | |
| Gross operating margin | 9900 | €228,811 | €190,694 | -€38,117 | -16.7% |
| Operating profit (loss) | 9901 | -€3,259 | €32,400 | +€35,659 | |
| Financial income | 75/76B | €4 | €107 | +€103 | +2,831% |
| Recurring financial income | 75 | €4 | €107 | +€103 | +2,831% |
| Financial charges | 65/66B | €1,675 | €2,205 | +€530 | +31.6% |
| Recurring financial charges | 65 | €1,675 | €2,205 | +€530 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,930 | €30,302 | +€35,232 | |
| Income taxes | 67/77 | €15 | €7,134 | +€7,119 | +46,376% |
| Profit (loss) for the period | 9904 | -€4,946 | €23,168 | +€28,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,946 | €23,168 | +€28,113 |
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 29 October 2026 via checked.be.