NEF Infra Technics: 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.
NEF Infra Technics
Largest movements
- Tangible fixed assets +€293,183
up €293,183 (+4,097%), from €7,157 to €300,340
of which Land and buildings: +€296,352
- Cash +€45,016
up €45,016 (+525%), from €8,576 to €53,592
mainly Debts after one year (+€224,412) and Short-term financial debts (+€60,394)
- Receivables within one year -€4,375
down €4,375 (-5.9%), from €73,879 to €69,504
of which Trade receivables: -€38,920
- Debts after one year +€224,412
new in 2025: €224,412
- Short-term financial debts +€60,394
new in 2025: €60,394
- Reserves +€21,506
up €21,506 (+32.5%), from €66,124 to €87,629
- Current portion of long-term debt +€12,538
new in 2025: €12,538
- Tax, wage and social debts +€10,821
up €10,821 (+64.8%), from €16,707 to €27,528
of which Taxes: +€7,221
- Gross operating margin +€33,474
up €33,474 (+68.7%), from €48,690 to €82,164
- Taxes +€7,033
up €7,033 (+51.8%), from €13,578 to €20,611
- Depreciation +€3,842
up €3,842 (+204%), from €1,885 to €5,727
- Financial charges +€3,457
up €3,457 (+188%), from €1,841 to €5,298
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 | €91,555 | €426,062 | +€334,507 | +365% |
| Fixed assets | 21/28 | €7,157 | €300,340 | +€293,183 | +4,097% |
| Tangible fixed assets | 22/27 | €7,157 | €300,340 | +€293,183 | +4,097% |
| Land and buildings | 22 | - | €296,352 | +€296,352 | |
| Plant, machinery and equipment | 23 | €942 | €284 | -€658 | -69.9% |
| Furniture and vehicles | 24 | €6,215 | €3,704 | -€2,512 | -40.4% |
| Current assets | 29/58 | €84,398 | €125,722 | +€41,324 | +49.0% |
| Amounts receivable within one year | 40/41 | €73,879 | €69,504 | -€4,375 | -5.9% |
| Trade receivables | 40 | €52,031 | €13,110 | -€38,920 | -74.8% |
| Other amounts receivable | 41 | €21,849 | €56,394 | +€34,545 | +158% |
| Cash at bank and in hand | 54/58 | €8,576 | €53,592 | +€45,016 | +525% |
| Deferred charges and accrued income | 490/1 | €1,942 | €2,626 | +€684 | +35.2% |
| Total equity and liabilities | 10/49 | €91,555 | €426,062 | +€334,507 | +365% |
| Equity | 10/15 | €71,124 | €92,629 | +€21,506 | +30.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €66,124 | €87,629 | +€21,506 | +32.5% |
| Distributable reserves | 133 | €66,124 | €87,629 | +€21,506 | +32.5% |
| Amounts payable | 17/49 | €20,431 | €333,432 | +€313,001 | +1,532% |
| Amounts payable after more than one year | 17 | - | €224,412 | +€224,412 | |
| Financial debts | 170/4 | - | €224,412 | +€224,412 | |
| Amounts payable within one year | 42/48 | €20,431 | €109,021 | +€88,590 | +434% |
| Current portion of amounts payable after more than one year | 42 | - | €12,538 | +€12,538 | |
| Financial debts | 43 | - | €60,394 | +€60,394 | |
| Credit institutions | 430/8 | - | €60,394 | +€60,394 | |
| Trade debts | 44 | €3,724 | €8,561 | +€4,838 | +130% |
| Suppliers | 440/4 | €3,724 | €8,561 | +€4,838 | +130% |
| Taxes, remuneration and social security | 45 | €16,707 | €27,528 | +€10,821 | +64.8% |
| Taxes | 450/3 | €14,907 | €22,128 | +€7,221 | +48.4% |
| Remuneration and social security | 454/9 | €1,800 | €5,400 | +€3,600 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €5,727 | +€3,842 | +204% |
| Other operating charges | 640/8 | €4,677 | €5,492 | +€815 | +17.4% |
| Gross operating margin | 9900 | €48,690 | €82,164 | +€33,474 | +68.7% |
| Operating profit (loss) | 9901 | €42,128 | €70,944 | +€28,817 | +68.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -79.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -79.1% |
| Financial charges | 65/66B | €1,841 | €5,298 | +€3,457 | +188% |
| Recurring financial charges | 65 | €1,841 | €5,298 | +€3,457 | +188% |
| Profit (loss) for the period before taxes | 9903 | €40,289 | €65,646 | +€25,358 | +62.9% |
| Income taxes | 67/77 | €13,578 | €20,611 | +€7,033 | +51.8% |
| Profit (loss) for the period | 9904 | €26,710 | €45,035 | +€18,325 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,710 | €45,035 | +€18,325 | +68.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.