NAT-INFIDOM: 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.
NAT-INFIDOM
Largest movements
- Receivables within one year +€18,550
up €18,550 (+204%), from €9,084 to €27,634
- Tangible fixed assets -€6,807
down €6,807 (-90.5%), from €7,522 to €715
- Deferred charges and accrued income +€4,916
up €4,916 (+84.4%), from €5,826 to €10,742
- Reserves +€5,650
up €5,650 (+106%), from €5,310 to €10,960
of which Distributable reserves: +€5,650
- Other debts +€3,278
new in 2025: €3,278
- Profit (loss) carried forward +€3,262
up €3,262, from -€3,235 to €27
- Trade debts +€2,011
up €2,011 (+141%), from €1,424 to €3,435
- Tax, wage and social debts +€1,459
up €1,459 (+57.6%), from €2,534 to €3,993
- Gross operating margin +€12,783
up €12,783 (+114%), from €11,218 to €24,002
- Taxes +€3,399
up €3,399 (+1,612%), from €211 to €3,610
- Depreciation -€2,061
down €2,061 (-57.9%), from €3,560 to €1,499
- Financial charges +€1,893
up €1,893 (+228%), from €830 to €2,723
- Other operating charges -€914
no longer reported in 2025 (was €914)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,432 | €39,092 | +€16,659 | +74.3% |
| Fixed assets | 21/28 | €7,522 | €715 | -€6,807 | -90.5% |
| Tangible fixed assets | 22/27 | €7,522 | €715 | -€6,807 | -90.5% |
| Furniture and vehicles | 24 | €7,522 | €715 | -€6,807 | -90.5% |
| Current assets | 29/58 | €14,910 | €38,376 | +€23,466 | +157% |
| Amounts receivable within one year | 40/41 | €9,084 | €27,634 | +€18,550 | +204% |
| Other amounts receivable | 41 | €9,084 | €27,634 | +€18,550 | +204% |
| Deferred charges and accrued income | 490/1 | €5,826 | €10,742 | +€4,916 | +84.4% |
| Total equity and liabilities | 10/49 | €22,432 | €39,092 | +€16,659 | +74.3% |
| Equity | 10/15 | €14,475 | €23,387 | +€8,912 | +61.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,310 | €10,960 | +€5,650 | +106% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,450 | €9,100 | +€5,650 | +164% |
| Profit (loss) carried forward | 14 | -€3,235 | €27 | +€3,262 | |
| Amounts payable | 17/49 | €7,957 | €15,704 | +€7,747 | +97.4% |
| Amounts payable within one year | 42/48 | €7,957 | €15,704 | +€7,747 | +97.4% |
| Financial debts | 43 | €3,999 | €4,999 | +€1,000 | +25.0% |
| Credit institutions | 430/8 | €3,999 | €4,999 | +€1,000 | +25.0% |
| Trade debts | 44 | €1,424 | €3,435 | +€2,011 | +141% |
| Suppliers | 440/4 | €1,424 | €3,435 | +€2,011 | +141% |
| Taxes, remuneration and social security | 45 | €2,534 | €3,993 | +€1,459 | +57.6% |
| Taxes | 450/3 | €2,534 | €3,993 | +€1,459 | +57.6% |
| Other amounts payable | 47/48 | - | €3,278 | +€3,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,560 | €1,499 | -€2,061 | -57.9% |
| Other operating charges | 640/8 | €914 | - | -€914 | |
| Non-recurring operating charges | 66A | - | €3,808 | +€3,808 | |
| Gross operating margin | 9900 | €11,218 | €24,002 | +€12,783 | +114% |
| Operating profit (loss) | 9901 | €6,744 | €18,695 | +€11,951 | +177% |
| Financial charges | 65/66B | €830 | €2,723 | +€1,893 | +228% |
| Recurring financial charges | 65 | €830 | €2,723 | +€1,893 | +228% |
| Profit (loss) for the period before taxes | 9903 | €5,914 | €15,972 | +€10,058 | +170% |
| Income taxes | 67/77 | €211 | €3,610 | +€3,399 | +1,612% |
| Profit (loss) for the period | 9904 | €5,703 | €12,362 | +€6,659 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €5,703 | €12,362 | +€6,659 | +117% |
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 13 October 2026 via checked.be.