BIMAFIN: 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.
BIMAFIN
Largest movements
- Current investments -€200,000
down €200,000 (-33.3%), from €600,000 to €400,000
- Cash -€82,703
down €82,703 (-55.8%), from €148,343 to €65,640
mainly Contributions, distributions and other (-€575,000) and Smaller working-capital items (-€40)
- Reserves -€392,663
down €392,663 (-68.2%), from €575,467 to €182,803
- Other debts +€103,750
up €103,750 (+76.9%), from €135,000 to €238,750
- Gross operating margin +€35,518
up €35,518 (+18.6%), from €190,980 to €226,498
- Financial income -€7,869
down €7,869 (-38.4%), from €20,498 to €12,629
- Taxes +€6,870
up €6,870 (+14.2%), from €48,242 to €55,111
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 | €756,197 | €471,307 | -€284,890 | -37.7% |
| Fixed assets | 21/28 | €1,909 | €1,469 | -€441 | -23.1% |
| Tangible fixed assets | 22/27 | €1,909 | €1,469 | -€441 | -23.1% |
| Plant, machinery and equipment | 23 | €1,909 | €1,469 | -€441 | -23.1% |
| Current assets | 29/58 | €754,288 | €469,838 | -€284,449 | -37.7% |
| Current investments | 50/53 | €600,000 | €400,000 | -€200,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €148,343 | €65,640 | -€82,703 | -55.8% |
| Deferred charges and accrued income | 490/1 | €5,945 | €4,199 | -€1,746 | -29.4% |
| Total equity and liabilities | 10/49 | €756,197 | €471,307 | -€284,890 | -37.7% |
| Equity | 10/15 | €594,067 | €201,403 | -€392,663 | -66.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575,467 | €182,803 | -€392,663 | -68.2% |
| Distributable reserves | 133 | €575,467 | €182,803 | -€392,663 | -68.2% |
| Amounts payable | 17/49 | €162,131 | €269,904 | +€107,773 | +66.5% |
| Amounts payable within one year | 42/48 | €162,054 | €269,904 | +€107,850 | +66.6% |
| Trade debts | 44 | €272 | €309 | +€37 | +13.6% |
| Suppliers | 440/4 | €272 | €309 | +€37 | +13.6% |
| Taxes, remuneration and social security | 45 | €26,781 | €30,845 | +€4,063 | +15.2% |
| Taxes | 450/3 | €26,781 | €30,845 | +€4,063 | +15.2% |
| Other amounts payable | 47/48 | €135,000 | €238,750 | +€103,750 | +76.9% |
| Accrued charges and deferred income | 492/3 | €77 | - | -€77 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €441 | +€147 | +50.0% |
| Other operating charges | 640/8 | €1,104 | €975 | -€128 | -11.6% |
| Gross operating margin | 9900 | €190,980 | €226,498 | +€35,518 | +18.6% |
| Operating profit (loss) | 9901 | €189,583 | €225,083 | +€35,500 | +18.7% |
| Financial income | 75/76B | €20,498 | €12,629 | -€7,869 | -38.4% |
| Recurring financial income | 75 | €20,498 | €12,629 | -€7,869 | -38.4% |
| Financial charges | 65/66B | €166 | €264 | +€98 | +59.3% |
| Recurring financial charges | 65 | €166 | €264 | +€98 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | €209,915 | €237,448 | +€27,533 | +13.1% |
| Income taxes | 67/77 | €48,242 | €55,111 | +€6,870 | +14.2% |
| Profit (loss) for the period | 9904 | €161,673 | €182,337 | +€20,663 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €161,673 | €182,337 | +€20,663 | +12.8% |
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 5 October 2026 via checked.be.