CIMAJET: 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.
CIMAJET
Largest movements
- Tangible fixed assets -€80,522
down €80,522 (-17.0%), from €474,775 to €394,253
of which Plant, machinery and equipment: -€79,367
- Cash -€28,494
down €28,494 (-60.6%), from €46,991 to €18,497
mainly Debts after one year (-€147,875) and Receivables within one year (-€17,707)
- Receivables within one year +€17,707
up €17,707 (+15.5%), from €113,980 to €131,687
of which Trade receivables: +€19,702
- Stocks and contracts +€9,985
up €9,985 (+8.4%), from €119,578 to €129,563
of which Stocks: +€18,030
- Debts after one year -€147,875
down €147,875 (-39.7%), from €372,790 to €224,915
- Short-term financial debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward +€24,025
up €24,025 (+11.0%), from -€218,441 to -€194,416
- Current portion of long-term debt +€23,727
up €23,727 (+24.3%), from €97,638 to €121,365
- Trade debts -€12,529
down €12,529 (-5.0%), from €250,329 to €237,799
- Gross operating margin +€73,397
up €73,397 (+66.7%), from €110,015 to €183,413
- Financial charges -€11,445
down €11,445 (-47.2%), from €24,242 to €12,797
- Other operating charges +€8,767
up €8,767 (+452.1%), from €1,939 to €10,706
- Depreciation +€3,871
up €3,871 (+4.8%), from €80,193 to €84,063
- Taxes +€3,580
new in 2025: €3,580
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 | €766,393 | €679,850 | -€86,543 | -11.3% |
| Formation expenses | 20 | €458 | €215 | -€243 | -53.0% |
| Fixed assets | 21/28 | €479,321 | €398,644 | -€80,677 | -16.8% |
| Intangible fixed assets | 21 | €1,546 | €1,391 | -€156 | -10.1% |
| Tangible fixed assets | 22/27 | €474,775 | €394,253 | -€80,522 | -17.0% |
| Land and buildings | 22 | €11,960 | €10,308 | -€1,652 | -13.8% |
| Plant, machinery and equipment | 23 | €461,036 | €381,669 | -€79,367 | -17.2% |
| Furniture and vehicles | 24 | €1,779 | €1,523 | -€257 | -14.4% |
| Leasing and similar rights | 25 | - | €753 | +€753 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €286,614 | €280,991 | -€5,623 | -2.0% |
| Stocks and contracts in progress | 3 | €119,578 | €129,563 | +€9,985 | +8.4% |
| Stocks | 30/36 | €55,147 | €73,177 | +€18,030 | +32.7% |
| Contracts in progress | 37 | €64,431 | €56,386 | -€8,045 | -12.5% |
| Amounts receivable within one year | 40/41 | €113,980 | €131,687 | +€17,707 | +15.5% |
| Trade receivables | 40 | €98,150 | €117,852 | +€19,702 | +20.1% |
| Other amounts receivable | 41 | €15,830 | €13,835 | -€1,995 | -12.6% |
| Cash at bank and in hand | 54/58 | €46,991 | €18,497 | -€28,494 | -60.6% |
| Deferred charges and accrued income | 490/1 | €6,066 | €1,245 | -€4,821 | -79.5% |
| Total equity and liabilities | 10/49 | €766,393 | €679,850 | -€86,543 | -11.3% |
| Equity | 10/15 | €31,559 | €55,584 | +€24,025 | +76.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,441 | -€194,416 | +€24,025 | +11.0% |
| Amounts payable | 17/49 | €734,834 | €624,266 | -€110,568 | -15.0% |
| Amounts payable after more than one year | 17 | €372,790 | €224,915 | -€147,875 | -39.7% |
| Financial debts | 170/4 | €372,790 | €224,915 | -€147,875 | -39.7% |
| Amounts payable within one year | 42/48 | €362,044 | €399,351 | +€37,307 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €97,638 | €121,365 | +€23,727 | +24.3% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €250,329 | €237,799 | -€12,529 | -5.0% |
| Suppliers | 440/4 | €250,329 | €237,799 | -€12,529 | -5.0% |
| Taxes, remuneration and social security | 45 | €14,039 | €14,304 | +€264 | +1.9% |
| Taxes | 450/3 | €8,637 | €7,676 | -€961 | -11.1% |
| Remuneration and social security | 454/9 | €5,403 | €6,628 | +€1,225 | +22.7% |
| Other amounts payable | 47/48 | €38 | €883 | +€845 | +2219.2% |
| Non-recurring operating income | 76A | - | €21 | +€21 | |
| Remuneration, social security and pensions | 62 | €50,477 | €50,539 | +€62 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,193 | €84,063 | +€3,871 | +4.8% |
| Other operating charges | 640/8 | €1,939 | €10,706 | +€8,767 | +452.1% |
| Gross operating margin | 9900 | €110,015 | €183,413 | +€73,397 | +66.7% |
| Operating profit (loss) | 9901 | -€22,593 | €38,105 | +€60,698 | |
| Financial income | 75/76B | €541 | €2,297 | +€1,756 | +324.2% |
| Recurring financial income | 75 | €541 | €2,297 | +€1,756 | +324.2% |
| Financial charges | 65/66B | €24,242 | €12,797 | -€11,445 | -47.2% |
| Recurring financial charges | 65 | €24,242 | €12,797 | -€11,445 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,294 | €27,606 | +€73,899 | |
| Income taxes | 67/77 | - | €3,580 | +€3,580 | |
| Profit (loss) for the period | 9904 | -€46,294 | €24,025 | +€70,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,294 | €24,025 | +€70,319 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.