CIMAR: 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.
CIMAR
Largest movements
- Receivables within one year -€22,222
down €22,222 (-72.1%), from €30,819 to €8,598
- Tangible fixed assets -€8,821
down €8,821 (-2.5%), from €354,997 to €346,176
- Debts after one year -€26,688
down €26,688 (-8.7%), from €307,313 to €280,626
- Profit (loss) carried forward -€5,716
down €5,716 (-19.7%), from -€29,074 to -€34,790
- Financial charges -€892
down €892 (-5.2%), from €17,184 to €16,292
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 | €390,365 | €358,235 | -€32,130 | -8.2% |
| Fixed assets | 21/28 | €354,997 | €346,176 | -€8,821 | -2.5% |
| Tangible fixed assets | 22/27 | €354,997 | €346,176 | -€8,821 | -2.5% |
| Land and buildings | 22 | €354,997 | €346,176 | -€8,821 | -2.5% |
| Current assets | 29/58 | €35,368 | €12,059 | -€23,309 | -65.9% |
| Amounts receivable within one year | 40/41 | €30,819 | €8,598 | -€22,222 | -72.1% |
| Trade receivables | 40 | €30,819 | €8,598 | -€22,222 | -72.1% |
| Cash at bank and in hand | 54/58 | €4,549 | €3,462 | -€1,087 | -23.9% |
| Total equity and liabilities | 10/49 | €390,365 | €358,235 | -€32,130 | -8.2% |
| Equity | 10/15 | €70,926 | €65,210 | -€5,716 | -8.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,074 | -€34,790 | -€5,716 | -19.7% |
| Amounts payable | 17/49 | €319,439 | €293,026 | -€26,414 | -8.3% |
| Amounts payable after more than one year | 17 | €307,313 | €280,626 | -€26,688 | -8.7% |
| Other amounts payable | 178/9 | €307,313 | €280,626 | -€26,688 | -8.7% |
| Amounts payable within one year | 42/48 | €12,126 | €12,400 | +€274 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €126 | €400 | +€274 | +217.2% |
| Suppliers | 440/4 | €126 | €400 | +€274 | +217.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,821 | €8,821 | = | 0.0% |
| Other operating charges | 640/8 | €8,849 | €9,125 | +€276 | +3.1% |
| Gross operating margin | 9900 | €28,399 | €28,523 | +€123 | +0.4% |
| Operating profit (loss) | 9901 | €10,729 | €10,577 | -€153 | -1.4% |
| Financial charges | 65/66B | €17,184 | €16,292 | -€892 | -5.2% |
| Recurring financial charges | 65 | €17,184 | €16,292 | -€892 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,455 | -€5,716 | +€739 | +11.5% |
| Profit (loss) for the period | 9904 | -€6,455 | -€5,716 | +€739 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,455 | -€5,716 | +€739 | +11.5% |
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 29 September 2026 via checked.be.