S.I. 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.
S.I. INFI
Largest movements
- Receivables after one year +€91,500
up €91,500 (+153%), from €60,000 to €151,500
- Intangible fixed assets -€10,000
down €10,000 (-11.4%), from €87,918 to €77,918
- Tangible fixed assets -€9,700
down €9,700 (-26.1%), from €37,126 to €27,426
- Receivables within one year +€6,874
new in 2025: €6,874
of which Other amounts receivable: +€6,431
- Profit (loss) carried forward +€73,003
up €73,003 (+113%), from €64,828 to €137,830
- Tax, wage and social debts +€21,278
up €21,278 (+115%), from €18,444 to €39,723
of which Taxes: +€20,078
- Debts after one year -€16,684
down €16,684 (-17.2%), from €96,918 to €80,235
- Trade debts +€5,956
up €5,956 (+53.2%), from €11,200 to €17,156
- Other debts -€3,932
no longer reported in 2025 (was €3,932)
- Purchases and services -€13,675
down €13,675 (-8.8%), from €155,464 to €141,789
- Gross operating margin +€7,106
up €7,106 (+6.5%), from €108,769 to €115,875
- Taxes +€5,134
up €5,134 (+34.4%), from €14,944 to €20,079
- Depreciation -€3,756
down €3,756 (-16.0%), from €23,456 to €19,700
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 | €213,816 | €292,793 | +€78,977 | +36.9% |
| Fixed assets | 21/28 | €125,044 | €105,344 | -€19,700 | -15.8% |
| Intangible fixed assets | 21 | €87,918 | €77,918 | -€10,000 | -11.4% |
| Tangible fixed assets | 22/27 | €37,126 | €27,426 | -€9,700 | -26.1% |
| Furniture and vehicles | 24 | €37,126 | €27,426 | -€9,700 | -26.1% |
| Current assets | 29/58 | €88,772 | €187,449 | +€98,677 | +111% |
| Amounts receivable after more than one year | 29 | €60,000 | €151,500 | +€91,500 | +153% |
| Other amounts receivable | 291 | €60,000 | €151,500 | +€91,500 | +153% |
| Amounts receivable within one year | 40/41 | - | €6,874 | +€6,874 | |
| Trade receivables | 40 | - | €443 | +€443 | |
| Other amounts receivable | 41 | - | €6,431 | +€6,431 | |
| Cash at bank and in hand | 54/58 | €4,706 | €7,314 | +€2,608 | +55.4% |
| Deferred charges and accrued income | 490/1 | €24,066 | €21,762 | -€2,304 | -9.6% |
| Total equity and liabilities | 10/49 | €213,816 | €292,793 | +€78,977 | +36.9% |
| Equity | 10/15 | €66,828 | €139,830 | +€73,003 | +109% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,828 | €137,830 | +€73,003 | +113% |
| Amounts payable | 17/49 | €146,988 | €152,963 | +€5,975 | +4.1% |
| Amounts payable after more than one year | 17 | €96,918 | €80,235 | -€16,684 | -17.2% |
| Financial debts | 170/4 | €96,918 | €80,235 | -€16,684 | -17.2% |
| Amounts payable within one year | 42/48 | €48,470 | €72,639 | +€24,169 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €14,894 | €15,760 | +€866 | +5.8% |
| Trade debts | 44 | €11,200 | €17,156 | +€5,956 | +53.2% |
| Suppliers | 440/4 | €11,200 | €17,156 | +€5,956 | +53.2% |
| Taxes, remuneration and social security | 45 | €18,444 | €39,723 | +€21,278 | +115% |
| Taxes | 450/3 | €14,944 | €35,023 | +€20,078 | +134% |
| Remuneration and social security | 454/9 | €3,500 | €4,700 | +€1,200 | +34.3% |
| Other amounts payable | 47/48 | €3,932 | - | -€3,932 | |
| Accrued charges and deferred income | 492/3 | €1,600 | €89 | -€1,511 | -94.4% |
| Turnover | 70 | €254,577 | €253,174 | -€1,403 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,464 | €141,789 | -€13,675 | -8.8% |
| Remuneration, social security and pensions | 62 | €39 | - | -€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,456 | €19,700 | -€3,756 | -16.0% |
| Other operating charges | 640/8 | €1,584 | €1,099 | -€485 | -30.6% |
| Gross operating margin | 9900 | €108,769 | €115,875 | +€7,106 | +6.5% |
| Operating profit (loss) | 9901 | €83,689 | €95,075 | +€11,386 | +13.6% |
| Financial income | 75/76B | €1,753 | €4,115 | +€2,362 | +135% |
| Recurring financial income | 75 | €1,753 | €4,115 | +€2,362 | +135% |
| Financial charges | 65/66B | €5,669 | €6,109 | +€439 | +7.7% |
| Recurring financial charges | 65 | €5,669 | €6,109 | +€439 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €79,772 | €93,081 | +€13,309 | +16.7% |
| Income taxes | 67/77 | €14,944 | €20,079 | +€5,134 | +34.4% |
| Profit (loss) for the period | 9904 | €64,828 | €73,003 | +€8,175 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,828 | €73,003 | +€8,175 | +12.6% |
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 29 October 2026 via checked.be.