FIMAA: 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.
FIMAA
Largest movements
- Tangible fixed assets -€74,654
down €74,654 (-76.3%), from €97,876 to €23,222
of which Furniture and vehicles: -€73,787
- Cash -€31,299
down €31,299 (-22.4%), from €139,976 to €108,677
mainly Other debts (-€126,710) and Net result for the year (-€13,475)
- Stocks and contracts -€21,735
no longer reported in 2025 (was €21,735)
- Financial fixed assets -€20,000
down €20,000 (-99.7%), from €20,060 to €60
- Receivables within one year +€9,542
up €9,542 (+17.8%), from €53,711 to €63,253
of which Trade receivables: +€14,817
- Other debts -€126,710
down €126,710 (-53.2%), from €238,372 to €111,662
- Profit (loss) carried forward -€13,475
down €13,475, from €316 to -€13,159
- Tax, wage and social debts -€9,927
down €9,927 (-50.5%), from €19,652 to €9,725
- Trade debts +€9,924
up €9,924 (+15.5%), from €63,990 to €73,915
- Gross operating margin -€422,484
down €422,484 (-98.8%), from €427,588 to €5,105
- Staff costs -€238,289
no longer reported in 2025 (was €238,289)
- Other operating charges -€12,608
down €12,608 (-77.5%), from €16,268 to €3,660
- Taxes -€8,937
down €8,937 (-97.5%), from €9,164 to €227
- Depreciation -€8,080
down €8,080 (-48.7%), from €16,585 to €8,506
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 | €336,590 | €196,402 | -€140,188 | -41.6% |
| Fixed assets | 21/28 | €117,936 | €23,282 | -€94,654 | -80.3% |
| Tangible fixed assets | 22/27 | €97,876 | €23,222 | -€74,654 | -76.3% |
| Land and buildings | 22 | €7,828 | €6,961 | -€867 | -11.1% |
| Furniture and vehicles | 24 | €90,048 | €16,261 | -€73,787 | -81.9% |
| Financial fixed assets | 28 | €20,060 | €60 | -€20,000 | -99.7% |
| Current assets | 29/58 | €218,654 | €173,120 | -€45,534 | -20.8% |
| Stocks and contracts in progress | 3 | €21,735 | - | -€21,735 | |
| Stocks | 30/36 | €21,735 | - | -€21,735 | |
| Amounts receivable within one year | 40/41 | €53,711 | €63,253 | +€9,542 | +17.8% |
| Trade receivables | 40 | €41,526 | €56,343 | +€14,817 | +35.7% |
| Other amounts receivable | 41 | €12,185 | €6,909 | -€5,276 | -43.3% |
| Cash at bank and in hand | 54/58 | €139,976 | €108,677 | -€31,299 | -22.4% |
| Deferred charges and accrued income | 490/1 | €3,232 | €1,190 | -€2,042 | -63.2% |
| Total equity and liabilities | 10/49 | €336,590 | €196,402 | -€140,188 | -41.6% |
| Equity | 10/15 | €14,576 | €1,101 | -€13,475 | -92.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316 | -€13,159 | -€13,475 | |
| Amounts payable | 17/49 | €322,014 | €195,301 | -€126,713 | -39.4% |
| Amounts payable within one year | 42/48 | €322,014 | €195,301 | -€126,713 | -39.4% |
| Trade debts | 44 | €63,990 | €73,915 | +€9,924 | +15.5% |
| Suppliers | 440/4 | €63,990 | €73,915 | +€9,924 | +15.5% |
| Taxes, remuneration and social security | 45 | €19,652 | €9,725 | -€9,927 | -50.5% |
| Taxes | 450/3 | €19,652 | €9,725 | -€9,927 | -50.5% |
| Other amounts payable | 47/48 | €238,372 | €111,662 | -€126,710 | -53.2% |
| Non-recurring operating income | 76A | - | €10,525 | +€10,525 | |
| Remuneration, social security and pensions | 62 | €238,289 | - | -€238,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,585 | €8,506 | -€8,080 | -48.7% |
| Other operating charges | 640/8 | €16,268 | €3,660 | -€12,608 | -77.5% |
| Non-recurring operating charges | 66A | - | €5,614 | +€5,614 | |
| Gross operating margin | 9900 | €427,588 | €5,105 | -€422,484 | -98.8% |
| Operating profit (loss) | 9901 | €156,446 | -€12,675 | -€169,121 | |
| Financial income | 75/76B | €33 | €25 | -€9 | -25.9% |
| Recurring financial income | 75 | €33 | €25 | -€9 | -25.9% |
| Financial charges | 65/66B | €1,140 | €598 | -€543 | -47.6% |
| Recurring financial charges | 65 | €1,140 | €598 | -€543 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €155,339 | -€13,248 | -€168,587 | |
| Income taxes | 67/77 | €9,164 | €227 | -€8,937 | -97.5% |
| Profit (loss) for the period | 9904 | €146,175 | -€13,475 | -€159,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €146,175 | -€13,475 | -€159,650 |
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 7 October 2026 via checked.be.