N-A 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.
N-A INFI
Largest movements
- Tangible fixed assets +€37,432
new in 2025: €37,432
- Cash +€35,729
up €35,729 (+1,029%), from €3,472 to €39,201
mainly Net result for the year (+€57,228) and Debts after one year (+€26,007)
- Receivables within one year +€34,747
up €34,747 (+132%), from €26,297 to €61,044
of which Other amounts receivable: +€31,771
- Reserves +€57,000
new in 2025: €57,000
- Debts after one year +€26,007
new in 2025: €26,007
- Tax, wage and social debts +€15,913
up €15,913 (+195%), from €8,142 to €24,055
of which Taxes: +€16,369
- Current portion of long-term debt +€7,993
new in 2025: €7,993
- Gross operating margin +€52,612
up €52,612 (+195%), from €26,938 to €79,550
- Taxes +€16,441
up €16,441 (+281%), from €5,844 to €22,285
- Financial income +€1,249
up €1,249 (+254%), from €492 to €1,741
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 | €30,601 | €137,780 | +€107,179 | +350% |
| Formation expenses | 20 | €725 | - | -€725 | |
| Fixed assets | 21/28 | - | €37,432 | +€37,432 | |
| Tangible fixed assets | 22/27 | - | €37,432 | +€37,432 | |
| Furniture and vehicles | 24 | - | €37,432 | +€37,432 | |
| Current assets | 29/58 | €29,876 | €100,348 | +€70,473 | +236% |
| Amounts receivable within one year | 40/41 | €26,297 | €61,044 | +€34,747 | +132% |
| Trade receivables | 40 | €10,067 | €13,044 | +€2,977 | +29.6% |
| Other amounts receivable | 41 | €16,229 | €48,000 | +€31,771 | +196% |
| Cash at bank and in hand | 54/58 | €3,472 | €39,201 | +€35,729 | +1,029% |
| Deferred charges and accrued income | 490/1 | €107 | €103 | -€4 | -3.6% |
| Total equity and liabilities | 10/49 | €30,601 | €137,780 | +€107,179 | +350% |
| Equity | 10/15 | €22,261 | €79,489 | +€57,228 | +257% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €57,000 | +€57,000 | |
| Distributable reserves | 133 | - | €57,000 | +€57,000 | |
| Profit (loss) carried forward | 14 | €20,261 | €20,489 | +€228 | +1.1% |
| Amounts payable | 17/49 | €8,340 | €58,291 | +€49,951 | +599% |
| Amounts payable after more than one year | 17 | - | €26,007 | +€26,007 | |
| Financial debts | 170/4 | - | €26,007 | +€26,007 | |
| Amounts payable within one year | 42/48 | €8,340 | €32,284 | +€23,944 | +287% |
| Current portion of amounts payable after more than one year | 42 | - | €7,993 | +€7,993 | |
| Trade debts | 44 | €198 | €236 | +€38 | +19.1% |
| Suppliers | 440/4 | €198 | €236 | +€38 | +19.1% |
| Taxes, remuneration and social security | 45 | €8,142 | €24,055 | +€15,913 | +195% |
| Taxes | 450/3 | €6,386 | €22,755 | +€16,369 | +256% |
| Remuneration and social security | 454/9 | €1,756 | €1,300 | -€456 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €775 | €794 | +€19 | +2.5% |
| Other operating charges | 640/8 | €540 | €691 | +€151 | +27.9% |
| Gross operating margin | 9900 | €26,938 | €79,550 | +€52,612 | +195% |
| Operating profit (loss) | 9901 | €25,624 | €78,066 | +€52,442 | +205% |
| Financial income | 75/76B | €492 | €1,741 | +€1,249 | +254% |
| Recurring financial income | 75 | €492 | €1,741 | +€1,249 | +254% |
| Financial charges | 65/66B | €10 | €293 | +€283 | +2,847% |
| Recurring financial charges | 65 | €10 | €293 | +€283 | +2,847% |
| Profit (loss) for the period before taxes | 9903 | €26,105 | €79,513 | +€53,407 | +205% |
| Income taxes | 67/77 | €5,844 | €22,285 | +€16,441 | +281% |
| Profit (loss) for the period | 9904 | €20,261 | €57,228 | +€36,967 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €20,261 | €57,228 | +€36,967 | +182% |
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 24 October 2026 via checked.be.