FIMA AIRTECHNIC: 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.
FIMA AIRTECHNIC
Largest movements
- Current investments -€594,142
down €594,142 (-75.0%), from €791,803 to €197,661
- Stocks and contracts -€441,601
down €441,601 (-71.0%), from €621,553 to €179,951
of which Contracts in progress: -€415,779
- Receivables within one year -€276,006
down €276,006 (-33.7%), from €820,124 to €544,117
of which Other amounts receivable: -€176,573
- Trade debts -€765,885
down €765,885 (-55.8%), from €1.4m to €607,759
- Reserves +€390,885
up €390,885 (+34.1%), from €1.1m to €1.5m
of which Distributable reserves: +€390,885
- Other debts -€381,909
down €381,909 (-82.4%), from €463,749 to €81,840
- Accrued charges and deferred income -€331,976
down €331,976 (-66.2%), from €501,636 to €169,660
- Provisions -€230,000
no longer reported in 2025 (was €230,000)
- Financial income +€204,691
up €204,691 (+302%), from €67,720 to €272,411
- Gross operating margin +€99,664
up €99,664 (+15.4%), from €646,866 to €746,530
- Write-downs +€93,650
new in 2025: €93,650
- Staff costs -€67,361
down €67,361 (-16.5%), from €407,730 to €340,370
- Taxes +€40,509
up €40,509 (+287%), from €14,094 to €54,603
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 | €3,865,075 | €2,534,436 | -€1.3m | -34.4% |
| Fixed assets | 21/28 | €427,288 | €408,711 | -€18,576 | -4.3% |
| Tangible fixed assets | 22/27 | €46,596 | €28,019 | -€18,576 | -39.9% |
| Plant, machinery and equipment | 23 | €1,469 | €190 | -€1,278 | -87.0% |
| Furniture and vehicles | 24 | €45,127 | €27,829 | -€17,298 | -38.3% |
| Financial fixed assets | 28 | €380,692 | €380,692 | = | 0.0% |
| Current assets | 29/58 | €3,437,787 | €2,125,725 | -€1.3m | -38.2% |
| Stocks and contracts in progress | 3 | €621,553 | €179,951 | -€441,601 | -71.0% |
| Stocks | 30/36 | €107,185 | €81,363 | -€25,822 | -24.1% |
| Contracts in progress | 37 | €514,367 | €98,589 | -€415,779 | -80.8% |
| Amounts receivable within one year | 40/41 | €820,124 | €544,117 | -€276,006 | -33.7% |
| Trade receivables | 40 | €552,040 | €452,607 | -€99,434 | -18.0% |
| Other amounts receivable | 41 | €268,083 | €91,510 | -€176,573 | -65.9% |
| Current investments | 50/53 | €791,803 | €197,661 | -€594,142 | -75.0% |
| Cash at bank and in hand | 54/58 | €1,189,558 | €1,199,876 | +€10,318 | +0.9% |
| Deferred charges and accrued income | 490/1 | €14,750 | €4,119 | -€10,630 | -72.1% |
| Total equity and liabilities | 10/49 | €3,865,075 | €2,534,436 | -€1.3m | -34.4% |
| Equity | 10/15 | €1,209,567 | €1,600,452 | +€390,885 | +32.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,147,567 | €1,538,452 | +€390,885 | +34.1% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,924 | €8,924 | = | 0.0% |
| Distributable reserves | 133 | €1,126,249 | €1,517,133 | +€390,885 | +34.7% |
| Provisions and deferred taxes | 16 | €230,000 | - | -€230,000 | |
| Provisions for liabilities and charges | 160/5 | €230,000 | - | -€230,000 | |
| Other liabilities and charges | 164/5 | €230,000 | - | -€230,000 | |
| Amounts payable | 17/49 | €2,425,507 | €933,984 | -€1.5m | -61.5% |
| Amounts payable within one year | 42/48 | €1,923,872 | €764,324 | -€1.2m | -60.3% |
| Current portion of amounts payable after more than one year | 42 | €7,156 | - | -€7,156 | |
| Trade debts | 44 | €1,373,644 | €607,759 | -€765,885 | -55.8% |
| Suppliers | 440/4 | €1,373,644 | €607,759 | -€765,885 | -55.8% |
| Taxes, remuneration and social security | 45 | €79,323 | €74,725 | -€4,598 | -5.8% |
| Taxes | 450/3 | €15,234 | €16,398 | +€1,164 | +7.6% |
| Remuneration and social security | 454/9 | €64,089 | €58,327 | -€5,762 | -9.0% |
| Other amounts payable | 47/48 | €463,749 | €81,840 | -€381,909 | -82.4% |
| Accrued charges and deferred income | 492/3 | €501,636 | €169,660 | -€331,976 | -66.2% |
| Remuneration, social security and pensions | 62 | €407,730 | €340,370 | -€67,361 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,985 | €18,576 | -€8,409 | -31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €93,650 | +€93,650 | |
| Other operating charges | 640/8 | €2,296 | €1,592 | -€704 | -30.7% |
| Non-recurring operating charges | 66A | €230,000 | €31,574 | -€198,426 | -86.3% |
| Gross operating margin | 9900 | €646,866 | €746,530 | +€99,664 | +15.4% |
| Operating profit (loss) | 9901 | -€20,146 | €260,767 | +€280,913 | |
| Financial income | 75/76B | €67,720 | €272,411 | +€204,691 | +302% |
| Recurring financial income | 75 | €67,720 | €272,411 | +€204,691 | +302% |
| Financial charges | 65/66B | €20,493 | €9,075 | -€11,418 | -55.7% |
| Recurring financial charges | 65 | €20,493 | €9,075 | -€11,418 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €27,081 | €524,103 | +€497,022 | +1,835% |
| Income taxes | 67/77 | €14,094 | €54,603 | +€40,509 | +287% |
| Profit (loss) for the period | 9904 | €12,987 | €469,500 | +€456,513 | +3,515% |
| Profit (loss) for the period to be appropriated | 9905 | €12,987 | €469,500 | +€456,513 | +3,515% |
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 18 October 2026 via checked.be.