CIMA: 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.
CIMA
Largest movements
- Cash +€15,069
up €15,069 (+78.3%), from €19,235 to €34,305
mainly Net result for the year (+€23,904) and Tax, wage and social debts (+€3,725)
- Receivables within one year +€8,548
up €8,548 (+91.4%), from €9,356 to €17,904
- Formation expenses -€1,747
no longer reported in 2025 (was €1,747)
- Reserves +€23,904
up €23,904 (+360.3%), from €6,634 to €30,539
- Trade debts -€6,050
down €6,050 (-74.3%), from €8,138 to €2,088
- Tax, wage and social debts +€3,725
up €3,725 (+30.3%), from €12,277 to €16,003
of which Taxes: +€3,225
- Gross operating margin +€23,521
up €23,521 (+250.7%), from €9,381 to €32,903
- Taxes +€4,610
up €4,610 (+261.2%), from €1,765 to €6,375
- Depreciation +€1,204
up €1,204 (+221.6%), from €543 to €1,747
- Financial charges +€424
up €424 (+817.4%), from €52 to €476
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 | €30,725 | €52,742 | +€22,017 | +71.7% |
| Formation expenses | 20 | €1,747 | - | -€1,747 | |
| Current assets | 29/58 | €28,978 | €52,742 | +€23,764 | +82.0% |
| Amounts receivable within one year | 40/41 | €9,356 | €17,904 | +€8,548 | +91.4% |
| Trade receivables | 40 | €9,356 | €17,904 | +€8,548 | +91.4% |
| Cash at bank and in hand | 54/58 | €19,235 | €34,305 | +€15,069 | +78.3% |
| Deferred charges and accrued income | 490/1 | €387 | €534 | +€147 | +38.0% |
| Total equity and liabilities | 10/49 | €30,725 | €52,742 | +€22,017 | +71.7% |
| Equity | 10/15 | €7,134 | €31,039 | +€23,904 | +335.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €6,634 | €30,539 | +€23,904 | +360.3% |
| Distributable reserves | 133 | €6,634 | €30,539 | +€23,904 | +360.3% |
| Amounts payable | 17/49 | €23,591 | €21,704 | -€1,887 | -8.0% |
| Amounts payable within one year | 42/48 | €23,591 | €21,704 | -€1,887 | -8.0% |
| Trade debts | 44 | €8,138 | €2,088 | -€6,050 | -74.3% |
| Suppliers | 440/4 | €8,138 | €2,088 | -€6,050 | -74.3% |
| Taxes, remuneration and social security | 45 | €12,277 | €16,003 | +€3,725 | +30.3% |
| Taxes | 450/3 | €9,277 | €12,503 | +€3,225 | +34.8% |
| Remuneration and social security | 454/9 | €3,000 | €3,500 | +€500 | +16.7% |
| Other amounts payable | 47/48 | €3,176 | €3,613 | +€437 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €1,747 | +€1,204 | +221.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,381 | €32,903 | +€23,521 | +250.7% |
| Operating profit (loss) | 9901 | €8,451 | €30,756 | +€22,305 | +263.9% |
| Financial charges | 65/66B | €52 | €476 | +€424 | +817.4% |
| Recurring financial charges | 65 | €52 | €476 | +€424 | +817.4% |
| Profit (loss) for the period before taxes | 9903 | €8,399 | €30,280 | +€21,881 | +260.5% |
| Income taxes | 67/77 | €1,765 | €6,375 | +€4,610 | +261.2% |
| Profit (loss) for the period | 9904 | €6,634 | €23,904 | +€17,270 | +260.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,634 | €23,904 | +€17,270 | +260.3% |
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 7 October 2026 via checked.be.