CAIMMO: 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.
CAIMMO
Largest movements
- Tangible fixed assets -€15,233
down €15,233 (-5.0%), from €305,989 to €290,756
- Receivables within one year -€6,001
down €6,001 (-6.6%), from €90,403 to €84,402
- Debts after one year -€22,609
down €22,609 (-9.5%), from €238,747 to €216,138
- Trade debts +€12,018
up €12,018 (+115.2%), from €10,437 to €22,455
- Tax, wage and social debts -€6,888
down €6,888 (-29.2%), from €23,623 to €16,735
- Gross operating margin -€34,037
down €34,037 (-62.1%), from €54,799 to €20,762
- Taxes -€14,961
no longer reported in 2025 (was €14,961)
- Other operating charges +€6,317
up €6,317 (+348.5%), from €1,813 to €8,129
- Financial charges -€2,303
down €2,303 (-32.8%), from €7,033 to €4,729
- Financial income +€1,525
up €1,525 (+56.3%), from €2,707 to €4,232
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 | €399,900 | €379,680 | -€20,220 | -5.1% |
| Fixed assets | 21/28 | €305,989 | €290,756 | -€15,233 | -5.0% |
| Tangible fixed assets | 22/27 | €305,989 | €290,756 | -€15,233 | -5.0% |
| Land and buildings | 22 | €305,989 | €290,756 | -€15,233 | -5.0% |
| Current assets | 29/58 | €93,911 | €88,924 | -€4,987 | -5.3% |
| Amounts receivable within one year | 40/41 | €90,403 | €84,402 | -€6,001 | -6.6% |
| Other amounts receivable | 41 | €90,403 | €84,402 | -€6,001 | -6.6% |
| Cash at bank and in hand | 54/58 | €801 | €750 | -€51 | -6.3% |
| Deferred charges and accrued income | 490/1 | €2,707 | €3,772 | +€1,064 | +39.3% |
| Total equity and liabilities | 10/49 | €399,900 | €379,680 | -€20,220 | -5.1% |
| Equity | 10/15 | €104,841 | €101,743 | -€3,098 | -3.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €94,841 | €91,743 | -€3,098 | -3.3% |
| Distributable reserves | 133 | €94,841 | €91,743 | -€3,098 | -3.3% |
| Amounts payable | 17/49 | €295,059 | €277,937 | -€17,123 | -5.8% |
| Amounts payable after more than one year | 17 | €238,747 | €216,138 | -€22,609 | -9.5% |
| Financial debts | 170/4 | €238,747 | €216,138 | -€22,609 | -9.5% |
| Amounts payable within one year | 42/48 | €56,313 | €61,799 | +€5,487 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €22,252 | €22,609 | +€357 | +1.6% |
| Trade debts | 44 | €10,437 | €22,455 | +€12,018 | +115.2% |
| Suppliers | 440/4 | €10,437 | €22,455 | +€12,018 | +115.2% |
| Taxes, remuneration and social security | 45 | €23,623 | €16,735 | -€6,888 | -29.2% |
| Taxes | 450/3 | €23,623 | €16,735 | -€6,888 | -29.2% |
| Non-recurring operating income | 76A | €1,718 | - | -€1,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,233 | €15,233 | = | 0.0% |
| Other operating charges | 640/8 | €1,813 | €8,129 | +€6,317 | +348.5% |
| Gross operating margin | 9900 | €54,799 | €20,762 | -€34,037 | -62.1% |
| Operating profit (loss) | 9901 | €37,753 | -€2,601 | -€40,354 | |
| Financial income | 75/76B | €2,707 | €4,232 | +€1,525 | +56.3% |
| Recurring financial income | 75 | €2,707 | €4,232 | +€1,525 | +56.3% |
| Financial charges | 65/66B | €7,033 | €4,729 | -€2,303 | -32.8% |
| Recurring financial charges | 65 | €7,033 | €4,729 | -€2,303 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €33,428 | -€3,098 | -€36,526 | |
| Income taxes | 67/77 | €14,961 | - | -€14,961 | |
| Profit (loss) for the period | 9904 | €18,467 | -€3,098 | -€21,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,467 | -€3,098 | -€21,565 |
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.