CIMAT and LAES CONSULTING: what changed
Two financial 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.
CIMAT and LAES CONSULTING
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€27,961
down €27,961 (-33.3%), from €83,956 to €55,995
mainly Current investments (-€50,000) and Current portion of long-term debt (-€2,814)
- Receivables within one year -€8,436
down €8,436 (-97.8%), from €8,624 to €187
of which Trade receivables: -€5,445
- Reserves +€11,500
up €11,500 (+14.0%), from €82,000 to €93,500
- Tax, wage and social debts +€7,521
up €7,521 (+940%), from €800 to €8,321
- Current portion of long-term debt -€2,814
no longer reported in 2025 (was €2,814)
- Trade debts -€2,072
down €2,072 (-50.3%), from €4,121 to €2,049
- Other debts -€1,841
down €1,841 (-20.4%), from €9,035 to €7,194
- Gross operating margin +€4,412
up €4,412 (+26.7%), from €16,502 to €20,914
- Taxes +€2,321
up €2,321 (+42.8%), from €5,421 to €7,742
- Depreciation -€387
down €387 (-28.6%), from €1,352 to €965
- Financial income +€353
up €353 (+48,296%), from €1 to €353
- Other operating charges -€235
down €235 (-37.0%), from €635 to €400
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.
Derived cash bridge
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 | €99,669 | €112,306 | +€12,637 | +12.7% |
| Fixed assets | 21/28 | €7,089 | €6,124 | -€965 | -13.6% |
| Tangible fixed assets | 22/27 | €7,039 | €6,074 | -€965 | -13.7% |
| Other tangible fixed assets | 26 | €7,039 | €6,074 | -€965 | -13.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €92,580 | €106,182 | +€13,602 | +14.7% |
| Amounts receivable within one year | 40/41 | €8,624 | €187 | -€8,436 | -97.8% |
| Trade receivables | 40 | €5,445 | - | -€5,445 | |
| Other amounts receivable | 41 | €3,179 | €187 | -€2,991 | -94.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €83,956 | €55,995 | -€27,961 | -33.3% |
| Total equity and liabilities | 10/49 | €99,669 | €112,306 | +€12,637 | +12.7% |
| Equity | 10/15 | €82,898 | €94,742 | +€11,843 | +14.3% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €82,000 | €93,500 | +€11,500 | +14.0% |
| Distributable reserves | 133 | €82,000 | €93,500 | +€11,500 | +14.0% |
| Profit (loss) carried forward | 14 | -€1,581 | -€1,237 | +€343 | +21.7% |
| Amounts payable | 17/49 | €16,771 | €17,565 | +€794 | +4.7% |
| Amounts payable within one year | 42/48 | €16,771 | €17,565 | +€794 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €2,814 | - | -€2,814 | |
| Trade debts | 44 | €4,121 | €2,049 | -€2,072 | -50.3% |
| Suppliers | 440/4 | €4,121 | €2,049 | -€2,072 | -50.3% |
| Taxes, remuneration and social security | 45 | €800 | €8,321 | +€7,521 | +940% |
| Taxes | 450/3 | €800 | €8,321 | +€7,521 | +940% |
| Other amounts payable | 47/48 | €9,035 | €7,194 | -€1,841 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,352 | €965 | -€387 | -28.6% |
| Other operating charges | 640/8 | €635 | €400 | -€235 | -37.0% |
| Non-recurring operating charges | 66A | €500 | €85 | -€415 | -83.0% |
| Gross operating margin | 9900 | €16,502 | €20,914 | +€4,412 | +26.7% |
| Operating profit (loss) | 9901 | €14,015 | €19,464 | +€5,450 | +38.9% |
| Financial income | 75/76B | €1 | €353 | +€353 | +48,296% |
| Recurring financial income | 75 | €1 | €353 | +€353 | +48,296% |
| Financial charges | 65/66B | €297 | €233 | -€64 | -21.6% |
| Recurring financial charges | 65 | €297 | €233 | -€64 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €13,719 | €19,585 | +€5,866 | +42.8% |
| Income taxes | 67/77 | €5,421 | €7,742 | +€2,321 | +42.8% |
| Profit (loss) for the period | 9904 | €8,298 | €11,843 | +€3,545 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,298 | €11,843 | +€3,545 | +42.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.