BIMAC: what changed
Two fiscal 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.
BIMAC
Largest movements
- Cash +€31,762
up €31,762 (+9.1%), from €350,051 to €381,814
mainly Net result for the year (+€19,557) and Depreciation (+€9,840)
- Tangible fixed assets -€9,840
down €9,840 (-9.0%), from €108,904 to €99,064
of which Land and buildings: -€8,145
- Reserves +€19,557
up €19,557 (+5.1%), from €385,885 to €405,442
of which Distributable reserves: +€19,557
- Gross operating margin -€4,471
down €4,471 (-10.2%), from €43,696 to €39,225
- Depreciation -€1,709
down €1,709 (-14.8%), from €11,549 to €9,840
- Taxes -€884
down €884 (-8.8%), from €10,010 to €9,127
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.
Cash bridge derived
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 | €461,648 | €481,165 | +€19,517 | +4.2% |
| Fixed assets | 21/28 | €108,904 | €99,064 | -€9,840 | -9.0% |
| Tangible fixed assets | 22/27 | €108,904 | €99,064 | -€9,840 | -9.0% |
| Land and buildings | 22 | €105,247 | €97,102 | -€8,145 | -7.7% |
| Plant, machinery and equipment | 23 | €3,656 | €1,962 | -€1,694 | -46.3% |
| Current assets | 29/58 | €352,745 | €382,101 | +€29,356 | +8.3% |
| Cash at bank and in hand | 54/58 | €350,051 | €381,814 | +€31,762 | +9.1% |
| Deferred charges and accrued income | 490/1 | €2,693 | €287 | -€2,406 | -89.3% |
| Total equity and liabilities | 10/49 | €461,648 | €481,165 | +€19,517 | +4.2% |
| Equity | 10/15 | €447,885 | €467,442 | +€19,557 | +4.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €385,885 | €405,442 | +€19,557 | +5.1% |
| Non-distributable reserves | 130/1 | €24,200 | €24,200 | = | 0.0% |
| Legal reserve | 130 | €24,200 | €24,200 | = | 0.0% |
| Distributable reserves | 133 | €361,685 | €381,242 | +€19,557 | +5.4% |
| Amounts payable | 17/49 | €13,763 | €13,723 | -€40 | -0.3% |
| Amounts payable after more than one year | 17 | €9,239 | €9,239 | = | 0.0% |
| Other amounts payable | 178/9 | €9,239 | €9,239 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,524 | €4,483 | -€40 | -0.9% |
| Trade debts | 44 | €436 | €212 | -€224 | -51.4% |
| Suppliers | 440/4 | €436 | €212 | -€224 | -51.4% |
| Taxes, remuneration and social security | 45 | €3,015 | €3,137 | +€122 | +4.0% |
| Taxes | 450/3 | €3,015 | €3,137 | +€122 | +4.0% |
| Other amounts payable | 47/48 | €1,073 | €1,135 | +€62 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,549 | €9,840 | -€1,709 | -14.8% |
| Other operating charges | 640/8 | €461 | €462 | +€0 | +0.1% |
| Gross operating margin | 9900 | €43,696 | €39,225 | -€4,471 | -10.2% |
| Operating profit (loss) | 9901 | €31,686 | €28,924 | -€2,762 | -8.7% |
| Financial charges | 65/66B | €226 | €241 | +€15 | +6.5% |
| Recurring financial charges | 65 | €226 | €241 | +€15 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €31,461 | €28,684 | -€2,777 | -8.8% |
| Income taxes | 67/77 | €10,010 | €9,127 | -€884 | -8.8% |
| Profit (loss) for the period | 9904 | €21,450 | €19,557 | -€1,893 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,450 | €19,557 | -€1,893 | -8.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.