C.I.M.: 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.
What changed
C.I.M.
NACE 82.990, Other business support services
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€173,133
2025 · €125,357+€47,777
Equity
€364,456
2025 · €361,323+€3,133
Cash
€219,180
2025 · €235,120-€15,940
Balance sheet total
€1.8m
2025 · €1.8m-€71,423
Largest movements
Assets
- Tangible fixed assets -€47,036
down €47,036 (-2.9%), from €1.6m to €1.6m
of which Land and buildings: -€47,036
Equity and liabilities
- Debts after one year -€77,733
down €77,733 (-6.3%), from €1.2m to €1.2m
Income statement
- Gross operating margin +€57,518
up €57,518 (+19.6%), from €293,517 to €351,035
- Taxes +€8,925
up €8,925 (+21.4%), from €41,786 to €50,710
From the 2025 result to the 2026 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.
Result 2025
€125,357
Gross operating margin
+€57,518
Depreciation
-€2,897
Other operating charges
+€540
Financial charges
+€1,540
Taxes
-€8,925
Result 2026
€173,133
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€241,703
Investment
-€12,858
Financing
-€244,785
Cash 2025
€235,120
From operations (derived)
+€241,703
Net result for the year
+€173,133
Depreciation
+€59,943
Receivables within one year
+€8,412
Deferred charges and accrued income
-€15
Trade debts
-€5,416
Tax, wage and social debts
+€5,645
Investment (derived)
-€12,858
Investment in fixed assets (net)
-€12,858
Financing
-€244,785
Debts after one year
-€77,733
Current portion of long-term debt
+€2,948
Contributions, distributions and other
-€170,000
Cash 2026
€219,180
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,847,634 | €1,776,211 | -€71,423 | -3.9% |
| Fixed assets | 21/28 | €1,603,807 | €1,556,721 | -€47,086 | -2.9% |
| Tangible fixed assets | 22/27 | €1,603,758 | €1,556,721 | -€47,036 | -2.9% |
| Land and buildings | 22 | €1,603,758 | €1,556,721 | -€47,036 | -2.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €243,826 | €219,489 | -€24,337 | -10.0% |
| Amounts receivable within one year | 40/41 | €8,412 | €0 | -€8,412 | -100.0% |
| Trade receivables | 40 | €197 | €0 | -€197 | -100.0% |
| Other amounts receivable | 41 | €8,214 | €0 | -€8,214 | -100.0% |
| Cash at bank and in hand | 54/58 | €235,120 | €219,180 | -€15,940 | -6.8% |
| Deferred charges and accrued income | 490/1 | €295 | €309 | +€15 | +5.0% |
| Total equity and liabilities | 10/49 | €1,847,634 | €1,776,211 | -€71,423 | -3.9% |
| Equity | 10/15 | €361,323 | €364,456 | +€3,133 | +0.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €331,323 | €334,456 | +€3,133 | +0.9% |
| Tax-exempt reserves | 132 | €131,815 | €131,815 | = | 0.0% |
| Distributable reserves | 133 | €199,508 | €202,641 | +€3,133 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,486,310 | €1,411,754 | -€74,556 | -5.0% |
| Amounts payable after more than one year | 17 | €1,235,526 | €1,157,793 | -€77,733 | -6.3% |
| Financial debts | 170/4 | €1,235,526 | €1,157,793 | -€77,733 | -6.3% |
| Amounts payable within one year | 42/48 | €250,785 | €253,961 | +€3,177 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €74,785 | €77,733 | +€2,948 | +3.9% |
| Trade debts | 44 | €6,000 | €584 | -€5,416 | -90.3% |
| Suppliers | 440/4 | €6,000 | €584 | -€5,416 | -90.3% |
| Taxes, remuneration and social security | 45 | - | €5,645 | +€5,645 | |
| Taxes | 450/3 | - | €5,645 | +€5,645 | |
| Other amounts payable | 47/48 | €170,000 | €170,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,047 | €59,943 | +€2,897 | +5.1% |
| Other operating charges | 640/8 | €17,758 | €17,218 | -€540 | -3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €293,517 | €351,035 | +€57,518 | +19.6% |
| Operating profit (loss) | 9901 | €218,712 | €273,874 | +€55,161 | +25.2% |
| Financial charges | 65/66B | €51,570 | €50,030 | -€1,540 | -3.0% |
| Recurring financial charges | 65 | €51,570 | €50,030 | -€1,540 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €167,142 | €223,843 | +€56,701 | +33.9% |
| Income taxes | 67/77 | €41,786 | €50,710 | +€8,925 | +21.4% |
| Profit (loss) for the period | 9904 | €125,357 | €173,133 | +€47,777 | +38.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €125,357 | €173,133 | +€47,777 | +38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.