FIMAÉ: 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.
FIMAÉ
Largest movements
- Cash +€90,088
up €90,088 (+44.3%), from €203,571 to €293,659
mainly Net result for the year (+€222,290) and Tax, wage and social debts (+€27,226)
- Receivables within one year +€71,039
up €71,039 (+55.3%), from €128,492 to €199,531
of which Trade receivables: +€71,193
- Profit (loss) carried forward +€93,995
up €93,995 (+39.7%), from €236,925 to €330,920
- Tax, wage and social debts +€27,226
up €27,226 (+57.9%), from €47,058 to €74,284
of which Remuneration and social security: +€15,715
- Other debts +€22,385
up €22,385 (+21.1%), from €106,091 to €128,477
- Trade debts +€14,635
up €14,635 (+102.2%), from €14,317 to €28,953
- Gross operating margin +€48,563
up €48,563 (+11.5%), from €422,618 to €471,181
- Staff costs +€11,204
up €11,204 (+5.9%), from €189,113 to €200,317
- Taxes +€7,836
up €7,836 (+27.3%), from €28,734 to €36,569
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 | €485,098 | €642,539 | +€157,441 | +32.5% |
| Fixed assets | 21/28 | €25,001 | €20,478 | -€4,523 | -18.1% |
| Tangible fixed assets | 22/27 | €24,801 | €20,278 | -€4,523 | -18.2% |
| Furniture and vehicles | 24 | €17,493 | €13,763 | -€3,730 | -21.3% |
| Other tangible fixed assets | 26 | €7,308 | €6,515 | -€793 | -10.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €460,097 | €622,061 | +€161,964 | +35.2% |
| Amounts receivable within one year | 40/41 | €128,492 | €199,531 | +€71,039 | +55.3% |
| Trade receivables | 40 | €125,899 | €197,092 | +€71,193 | +56.5% |
| Other amounts receivable | 41 | €2,593 | €2,439 | -€154 | -5.9% |
| Current investments | 50/53 | €120,000 | €120,768 | +€768 | +0.6% |
| Cash at bank and in hand | 54/58 | €203,571 | €293,659 | +€90,088 | +44.3% |
| Deferred charges and accrued income | 490/1 | €8,034 | €8,104 | +€69 | +0.9% |
| Total equity and liabilities | 10/49 | €485,098 | €642,539 | +€157,441 | +32.5% |
| Equity | 10/15 | €315,504 | €409,498 | +€93,995 | +29.8% |
| Contributions | 10/11 | €5,235 | €5,235 | = | 0.0% |
| Reserves | 13 | €73,343 | €73,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,689 | €1,689 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,689 | €1,689 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,483 | €15,483 | = | 0.0% |
| Distributable reserves | 133 | €56,171 | €56,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,925 | €330,920 | +€93,995 | +39.7% |
| Amounts payable | 17/49 | €169,595 | €233,041 | +€63,446 | +37.4% |
| Amounts payable within one year | 42/48 | €169,595 | €231,713 | +€62,119 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €2,128 | - | -€2,128 | |
| Trade debts | 44 | €14,317 | €28,953 | +€14,635 | +102.2% |
| Suppliers | 440/4 | €14,317 | €28,953 | +€14,635 | +102.2% |
| Taxes, remuneration and social security | 45 | €47,058 | €74,284 | +€27,226 | +57.9% |
| Taxes | 450/3 | €26,991 | €38,502 | +€11,512 | +42.7% |
| Remuneration and social security | 454/9 | €20,067 | €35,782 | +€15,715 | +78.3% |
| Other amounts payable | 47/48 | €106,091 | €128,477 | +€22,385 | +21.1% |
| Accrued charges and deferred income | 492/3 | - | €1,327 | +€1,327 | |
| Remuneration, social security and pensions | 62 | €189,113 | €200,317 | +€11,204 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,016 | €8,231 | -€2,784 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,207 | €646 | -€1,561 | -70.7% |
| Other operating charges | 640/8 | €5,565 | €4,828 | -€737 | -13.2% |
| Gross operating margin | 9900 | €422,618 | €471,181 | +€48,563 | +11.5% |
| Operating profit (loss) | 9901 | €214,718 | €257,159 | +€42,441 | +19.8% |
| Financial income | 75/76B | €179 | €1,898 | +€1,719 | +961.1% |
| Recurring financial income | 75 | €179 | €1,898 | +€1,719 | +961.1% |
| Financial charges | 65/66B | €680 | €197 | -€483 | -71.0% |
| Recurring financial charges | 65 | €680 | €197 | -€483 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €214,216 | €258,859 | +€44,643 | +20.8% |
| Income taxes | 67/77 | €28,734 | €36,569 | +€7,836 | +27.3% |
| Profit (loss) for the period | 9904 | €185,482 | €222,290 | +€36,808 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185,482 | €222,290 | +€36,808 | +19.8% |
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 30 September 2026 via checked.be.