BORIMATIC: 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.
BORIMATIC
Largest movements
- Receivables within one year -€9,608
down €9,608 (-99.5%), from €9,653 to €45
- Tangible fixed assets -€4,702
down €4,702 (-4.4%), from €106,362 to €101,660
of which Land and buildings: -€4,420
- Cash +€1,502
new in 2025: €1,502
mainly Net result for the year (+€10,655) and Receivables within one year (+€9,608)
- Debts after one year -€12,388
down €12,388 (-24.4%), from €50,698 to €38,309
of which Financial debts: -€12,388
- Profit (loss) carried forward +€10,655
up €10,655 (+9.0%), from -€118,113 to -€107,457
- Advances received -€8,000
no longer reported in 2025 (was €8,000)
- Trade debts -€2,876
down €2,876 (-22.5%), from €12,794 to €9,919
- Gross operating margin +€26,455
up €26,455, from -€8,626 to €17,828
- Financial charges -€1,182
down €1,182 (-38.0%), from €3,108 to €1,925
- Other operating charges +€522
up €522 (+2126.8%), from €25 to €546
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 | €116,015 | €103,207 | -€12,808 | -11.0% |
| Fixed assets | 21/28 | €106,362 | €101,660 | -€4,702 | -4.4% |
| Tangible fixed assets | 22/27 | €106,362 | €101,660 | -€4,702 | -4.4% |
| Land and buildings | 22 | €106,080 | €101,660 | -€4,420 | -4.2% |
| Plant, machinery and equipment | 23 | €282 | - | -€282 | |
| Current assets | 29/58 | €9,653 | €1,547 | -€8,106 | -84.0% |
| Amounts receivable within one year | 40/41 | €9,653 | €45 | -€9,608 | -99.5% |
| Other amounts receivable | 41 | €9,653 | €45 | -€9,608 | -99.5% |
| Cash at bank and in hand | 54/58 | - | €1,502 | +€1,502 | |
| Total equity and liabilities | 10/49 | €116,015 | €103,207 | -€12,808 | -11.0% |
| Equity | 10/15 | -€97,653 | -€86,997 | +€10,655 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,113 | -€107,457 | +€10,655 | +9.0% |
| Amounts payable | 17/49 | €213,668 | €190,204 | -€23,463 | -11.0% |
| Amounts payable after more than one year | 17 | €50,698 | €38,309 | -€12,388 | -24.4% |
| Financial debts | 170/4 | €47,698 | €35,309 | -€12,388 | -26.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €162,730 | €151,895 | -€10,835 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €12,154 | €12,388 | +€234 | +1.9% |
| Financial debts | 43 | €26,819 | €26,819 | = | 0.0% |
| Credit institutions | 430/8 | €26,819 | €26,819 | = | 0.0% |
| Trade debts | 44 | €12,794 | €9,919 | -€2,876 | -22.5% |
| Suppliers | 440/4 | €12,794 | €9,919 | -€2,876 | -22.5% |
| Advances received on contracts in progress | 46 | €8,000 | - | -€8,000 | |
| Taxes, remuneration and social security | 45 | €853 | - | -€853 | |
| Taxes | 450/3 | €853 | - | -€853 | |
| Other amounts payable | 47/48 | €102,109 | €102,769 | +€660 | +0.6% |
| Accrued charges and deferred income | 492/3 | €240 | - | -€240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,752 | €4,702 | -€50 | -1.1% |
| Other operating charges | 640/8 | €25 | €546 | +€522 | +2126.8% |
| Non-recurring operating charges | 66A | €475 | - | -€475 | |
| Gross operating margin | 9900 | -€8,626 | €17,828 | +€26,455 | |
| Operating profit (loss) | 9901 | -€13,878 | €12,580 | +€26,458 | |
| Financial charges | 65/66B | €3,108 | €1,925 | -€1,182 | -38.0% |
| Recurring financial charges | 65 | €3,108 | €1,925 | -€1,182 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,985 | €10,655 | +€27,640 | |
| Profit (loss) for the period | 9904 | -€16,985 | €10,655 | +€27,640 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,985 | €10,655 | +€27,640 |
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.