FIMA KLUS: 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 KLUS
Largest movements
- Stocks and contracts -€550,000
down €550,000 (-100%), from €550,000 to €0
- Tangible fixed assets -€94,702
down €94,702 (-42.1%), from €224,856 to €130,154
of which Plant, machinery and equipment: -€52,517
- Receivables within one year -€71,940
down €71,940 (-16.0%), from €449,264 to €377,325
of which Trade receivables: -€228,121
- Cash +€62,798
up €62,798 (+412%), from €15,260 to €78,057
mainly Stocks and contracts (+€550,000) and Net result for the year (+€76,404)
- Trade debts -€384,204
down €384,204 (-78.3%), from €490,624 to €106,420
- Other debts -€130,687
down €130,687 (-98.9%), from €132,187 to €1,500
- Accrued charges and deferred income -€117,286
down €117,286 (-98.6%), from €118,988 to €1,702
- Debts after one year -€81,554
down €81,554 (-48.1%), from €169,624 to €88,070
- Profit (loss) carried forward +€76,404
up €76,404 (+41.7%), from -€183,287 to -€106,884
- Gross operating margin -€278,130
down €278,130 (-62.0%), from €448,776 to €170,646
- Write-downs -€77,583
down €77,583 (-92.5%), from €83,846 to €6,262
- Depreciation -€9,687
down €9,687 (-20.0%), from €48,479 to €38,793
- Financial charges +€4,580
up €4,580 (+12.9%), from €35,457 to €40,036
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 | €1,245,744 | €587,486 | -€658,258 | -52.8% |
| Fixed assets | 21/28 | €224,856 | €130,154 | -€94,702 | -42.1% |
| Tangible fixed assets | 22/27 | €224,856 | €130,154 | -€94,702 | -42.1% |
| Plant, machinery and equipment | 23 | €52,517 | €0 | -€52,517 | -100% |
| Furniture and vehicles | 24 | €101,841 | €76,387 | -€25,454 | -25.0% |
| Leasing and similar rights | 25 | €70,497 | €53,767 | -€16,731 | -23.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,020,888 | €457,332 | -€563,556 | -55.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €550,000 | €0 | -€550,000 | -100% |
| Stocks | 30/36 | €550,000 | €0 | -€550,000 | -100% |
| Amounts receivable within one year | 40/41 | €449,264 | €377,325 | -€71,940 | -16.0% |
| Trade receivables | 40 | €394,866 | €166,746 | -€228,121 | -57.8% |
| Other amounts receivable | 41 | €54,398 | €210,579 | +€156,181 | +287% |
| Cash at bank and in hand | 54/58 | €15,260 | €78,057 | +€62,798 | +412% |
| Deferred charges and accrued income | 490/1 | €6,364 | €1,950 | -€4,414 | -69.4% |
| Total equity and liabilities | 10/49 | €1,245,744 | €587,486 | -€658,258 | -52.8% |
| Equity | 10/15 | -€27,955 | €48,449 | +€76,404 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €149,133 | €149,133 | = | 0.0% |
| Distributable reserves | 133 | €149,133 | €149,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,287 | -€106,884 | +€76,404 | +41.7% |
| Amounts payable | 17/49 | €1,273,699 | €539,037 | -€734,662 | -57.7% |
| Amounts payable after more than one year | 17 | €169,624 | €88,070 | -€81,554 | -48.1% |
| Financial debts | 170/4 | €169,624 | €88,070 | -€81,554 | -48.1% |
| Amounts payable within one year | 42/48 | €985,087 | €449,265 | -€535,822 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €97,262 | €40,641 | -€56,620 | -58.2% |
| Financial debts | 43 | €265,008 | €281,847 | +€16,839 | +6.4% |
| Credit institutions | 430/8 | €261,583 | €278,440 | +€16,856 | +6.4% |
| Other loans | 439 | €3,425 | €3,408 | -€17 | -0.5% |
| Trade debts | 44 | €490,624 | €106,420 | -€384,204 | -78.3% |
| Suppliers | 440/4 | €490,624 | €106,420 | -€384,204 | -78.3% |
| Taxes, remuneration and social security | 45 | €6 | €18,856 | +€18,850 | +331,289% |
| Taxes | 450/3 | €6 | €18,856 | +€18,850 | +331,289% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €132,187 | €1,500 | -€130,687 | -98.9% |
| Accrued charges and deferred income | 492/3 | €118,988 | €1,702 | -€117,286 | -98.6% |
| Non-recurring operating income | 76A | €6,300 | €284,922 | +€278,622 | +4,423% |
| Remuneration, social security and pensions | 62 | €134 | €138 | +€4 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,479 | €38,793 | -€9,687 | -20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €83,846 | €6,262 | -€77,583 | -92.5% |
| Other operating charges | 640/8 | €4,161 | €1,696 | -€2,465 | -59.2% |
| Non-recurring operating charges | 66A | €164,224 | €14,607 | -€149,617 | -91.1% |
| Gross operating margin | 9900 | €448,776 | €170,646 | -€278,130 | -62.0% |
| Operating profit (loss) | 9901 | €147,932 | €109,150 | -€38,782 | -26.2% |
| Financial income | 75/76B | €8,354 | €7,946 | -€408 | -4.9% |
| Recurring financial income | 75 | €8,354 | €7,946 | -€408 | -4.9% |
| Financial charges | 65/66B | €35,457 | €40,036 | +€4,580 | +12.9% |
| Recurring financial charges | 65 | €35,457 | €40,036 | +€4,580 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €120,830 | €77,060 | -€43,770 | -36.2% |
| Income taxes | 67/77 | €334 | €657 | +€322 | +96.5% |
| Profit (loss) for the period | 9904 | €120,496 | €76,404 | -€44,092 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €120,496 | €76,404 | -€44,092 | -36.6% |
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 22 October 2026 via checked.be.