Cimmo VDK: 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.
Cimmo VDK
Largest movements
- Tangible fixed assets -€104,923
down €104,923 (-1.7%), from €6.2m to €6.1m
of which Land and buildings: -€167,398
- Debts after one year +€444,055
up €444,055 (+7.3%), from €6.0m to €6.5m
of which Other amounts payable: +€444,055
- Profit (loss) carried forward -€419,624
down €419,624 (-21.1%), from -€2.0m to -€2.4m
- Trade debts -€119,839
down €119,839 (-93.7%), from €127,931 to €8,092
- Financial charges +€16,428
up €16,428 (+8.6%), from €190,728 to €207,156
- Gross operating margin -€13,779
down €13,779 (-69.8%), from -€19,732 to -€33,511
- Depreciation -€6,413
down €6,413 (-3.7%), from €173,928 to €167,515
- Financial income +€725
new in 2025: €725
- Other operating charges +€353
up €353 (+3.0%), from €11,814 to €12,167
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 | €6,189,999 | €6,093,122 | -€96,878 | -1.6% |
| Fixed assets | 21/28 | €6,180,239 | €6,075,316 | -€104,923 | -1.7% |
| Tangible fixed assets | 22/27 | €6,180,239 | €6,075,316 | -€104,923 | -1.7% |
| Land and buildings | 22 | €6,022,419 | €5,855,022 | -€167,398 | -2.8% |
| Furniture and vehicles | 24 | €234 | €117 | -€117 | -50.0% |
| Assets under construction and advance payments | 27 | €157,586 | €220,178 | +€62,591 | +39.7% |
| Current assets | 29/58 | €9,760 | €17,806 | +€8,046 | +82.4% |
| Amounts receivable within one year | 40/41 | €541 | €2,947 | +€2,406 | +445% |
| Trade receivables | 40 | €541 | €2,947 | +€2,406 | +445% |
| Cash at bank and in hand | 54/58 | €9,219 | €11,981 | +€2,761 | +30.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,878 | +€2,878 | |
| Total equity and liabilities | 10/49 | €6,189,999 | €6,093,122 | -€96,878 | -1.6% |
| Equity | 10/15 | €13,093 | -€406,531 | -€419,624 | |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,986,907 | -€2,406,531 | -€419,624 | -21.1% |
| Amounts payable | 17/49 | €6,176,907 | €6,499,653 | +€322,746 | +5.2% |
| Amounts payable after more than one year | 17 | €6,041,650 | €6,485,705 | +€444,055 | +7.3% |
| Financial debts | 170/4 | €4,660,000 | €4,660,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,381,650 | €1,825,705 | +€444,055 | +32.1% |
| Amounts payable within one year | 42/48 | €134,057 | €13,948 | -€120,109 | -89.6% |
| Trade debts | 44 | €127,931 | €8,092 | -€119,839 | -93.7% |
| Suppliers | 440/4 | €127,931 | €8,092 | -€119,839 | -93.7% |
| Other amounts payable | 47/48 | €6,126 | €5,856 | -€270 | -4.4% |
| Accrued charges and deferred income | 492/3 | €1,200 | €0 | -€1,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,928 | €167,515 | -€6,413 | -3.7% |
| Other operating charges | 640/8 | €11,814 | €12,167 | +€353 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€19,732 | -€33,511 | -€13,779 | -69.8% |
| Operating profit (loss) | 9901 | -€205,474 | -€213,192 | -€7,718 | -3.8% |
| Financial income | 75/76B | - | €725 | +€725 | |
| Recurring financial income | 75 | - | €725 | +€725 | |
| Financial charges | 65/66B | €190,728 | €207,156 | +€16,428 | +8.6% |
| Recurring financial charges | 65 | €190,728 | €207,156 | +€16,428 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€396,202 | -€419,624 | -€23,422 | -5.9% |
| Profit (loss) for the period | 9904 | -€396,202 | -€419,624 | -€23,422 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€396,202 | -€419,624 | -€23,422 | -5.9% |
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 13 October 2026 via checked.be.