CIMART: 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.
CIMART
Largest movements
- Cash +€463,959
up €463,959 (+173.8%), from €266,991 to €730,950
mainly Receivables within one year (+€239,301) and Investment in fixed assets (net) (+€211,000)
- Receivables within one year -€239,301
down €239,301 (-13.4%), from €1.8m to €1.5m
of which Other amounts receivable: -€239,301
- Financial fixed assets -€219,529
down €219,529 (-7.1%), from €3.1m to €2.9m
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€109,511
up €109,511 (+1583.6%), from €6,915 to €116,426
- Services and other goods -€34,180
down €34,180 (-11.4%), from €298,732 to €264,552
- Financial charges +€10,682
up €10,682 (+580.5%), from €1,840 to €12,522
of which Non-recurring financial charges: +€11,220
- Other operating income -€10,508
down €10,508 (-37.6%), from €27,918 to €17,411
- Turnover -€6,087
down €6,087 (-1.4%), from €426,735 to €420,648
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 | €6,893,349 | €6,837,766 | -€55,583 | -0.8% |
| Fixed assets | 21/28 | €4,840,738 | €4,560,464 | -€280,274 | -5.8% |
| Tangible fixed assets | 22/27 | €1,748,583 | €1,687,838 | -€60,745 | -3.5% |
| Land and buildings | 22 | €1,528,649 | €1,461,099 | -€67,550 | -4.4% |
| Plant, machinery and equipment | 23 | - | €806 | +€806 | |
| Furniture and vehicles | 24 | €219,934 | €225,934 | +€6,000 | +2.7% |
| Financial fixed assets | 28 | €3,092,155 | €2,872,626 | -€219,529 | -7.1% |
| Affiliated companies | 280/1 | €3,092,155 | €2,872,626 | -€219,529 | -7.1% |
| Participating interests | 280 | €3,092,155 | €2,872,626 | -€219,529 | -7.1% |
| Current assets | 29/58 | €2,052,611 | €2,277,301 | +€224,691 | +10.9% |
| Amounts receivable within one year | 40/41 | €1,782,792 | €1,543,491 | -€239,301 | -13.4% |
| Trade receivables | 40 | €26,789 | €26,789 | = | 0.0% |
| Other amounts receivable | 41 | €1,756,003 | €1,516,701 | -€239,301 | -13.6% |
| Cash at bank and in hand | 54/58 | €266,991 | €730,950 | +€463,959 | +173.8% |
| Deferred charges and accrued income | 490/1 | €2,827 | €2,861 | +€33 | +1.2% |
| Total equity and liabilities | 10/49 | €6,893,349 | €6,837,766 | -€55,583 | -0.8% |
| Equity | 10/15 | €6,857,075 | €6,805,056 | -€52,019 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,844,675 | €6,792,656 | -€52,019 | -0.8% |
| Distributable reserves | 133 | €6,844,675 | €6,792,656 | -€52,019 | -0.8% |
| Amounts payable | 17/49 | €36,274 | €32,710 | -€3,564 | -9.8% |
| Amounts payable within one year | 42/48 | €36,274 | €32,710 | -€3,564 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €11,840 | €16,832 | +€4,992 | +42.2% |
| Trade debts | 44 | €9,881 | €1,901 | -€7,980 | -80.8% |
| Suppliers | 440/4 | €9,881 | €1,901 | -€7,980 | -80.8% |
| Taxes, remuneration and social security | 45 | €14,553 | €13,976 | -€577 | -4.0% |
| Taxes | 450/3 | €14,553 | €13,976 | -€577 | -4.0% |
| Operating income | 70/76A | €454,653 | €438,059 | -€16,594 | -3.6% |
| Turnover | 70 | €426,735 | €420,648 | -€6,087 | -1.4% |
| Other operating income | 74 | €27,918 | €17,411 | -€10,508 | -37.6% |
| Operating charges | 60/66A | €377,262 | €450,252 | +€72,989 | +19.3% |
| Services and other goods | 61 | €298,732 | €264,552 | -€34,180 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,615 | €69,274 | -€2,342 | -3.3% |
| Other operating charges | 640/8 | €6,915 | €116,426 | +€109,511 | +1583.6% |
| Operating profit (loss) | 9901 | €77,391 | -€12,193 | -€89,584 | |
| Financial income | 75/76B | €13,602 | €13,461 | -€141 | -1.0% |
| Recurring financial income | 75 | €13,602 | €13,461 | -€141 | -1.0% |
| Income from current assets | 751 | €13,600 | €13,460 | -€140 | -1.0% |
| Other financial income | 752/9 | €1 | €1 | -€0 | -27.3% |
| Financial charges | 65/66B | €1,840 | €12,522 | +€10,682 | +580.5% |
| Recurring financial charges | 65 | €1,840 | €1,302 | -€538 | -29.3% |
| Debt charges | 650 | €1,013 | €824 | -€189 | -18.7% |
| Other financial charges | 652/9 | €827 | €478 | -€349 | -42.2% |
| Non-recurring financial charges | 66B | - | €11,220 | +€11,220 | |
| Profit (loss) for the period before taxes | 9903 | €89,152 | -€11,254 | -€100,406 | |
| Income taxes | 67/77 | €37,861 | €40,765 | +€2,904 | +7.7% |
| Taxes | 670/3 | €65,000 | €50,000 | -€15,000 | -23.1% |
| Tax adjustments and reversals of tax provisions | 77 | €27,139 | €9,235 | -€17,904 | -66.0% |
| Profit (loss) for the period | 9904 | €51,292 | -€52,019 | -€103,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,292 | -€52,019 | -€103,310 |
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 5 October 2026 via checked.be.