FIMAN: 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.
FIMAN
Largest movements
- Receivables within one year +€8,676
up €8,676 (+50.6%), from €17,163 to €25,839
of which Other amounts receivable: +€9,353
- Tangible fixed assets -€4,183
down €4,183 (-19.1%), from €21,844 to €17,661
of which Furniture and vehicles: -€4,629
- Cash +€1,415
up €1,415 (+39.6%), from €3,572 to €4,987
mainly Depreciation (+€6,328) and Net result for the year (+€4,808)
- Reserves +€4,700
up €4,700 (+34.6%), from €13,570 to €18,270
of which Distributable reserves: +€4,700
- Tax, wage and social debts +€1,093
up €1,093 (+15.4%), from €7,103 to €8,196
- Gross operating margin -€12,506
down €12,506 (-47.2%), from €26,480 to €13,975
- Taxes -€3,402
down €3,402 (-58.6%), from €5,803 to €2,401
- Depreciation +€2,482
up €2,482 (+64.5%), from €3,846 to €6,328
- Other operating charges +€799
up €799 (+416%), from €192 to €992
- Financial income +€309
up €309 (+88.3%), from €350 to €659
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 | €43,116 | €49,043 | +€5,927 | +13.7% |
| Fixed assets | 21/28 | €21,844 | €17,661 | -€4,183 | -19.1% |
| Tangible fixed assets | 22/27 | €21,844 | €17,661 | -€4,183 | -19.1% |
| Plant, machinery and equipment | 23 | €838 | €1,284 | +€446 | +53.3% |
| Furniture and vehicles | 24 | €21,007 | €16,377 | -€4,629 | -22.0% |
| Current assets | 29/58 | €21,272 | €31,381 | +€10,109 | +47.5% |
| Amounts receivable within one year | 40/41 | €17,163 | €25,839 | +€8,676 | +50.6% |
| Trade receivables | 40 | €2,173 | €1,496 | -€677 | -31.1% |
| Other amounts receivable | 41 | €14,990 | €24,342 | +€9,353 | +62.4% |
| Cash at bank and in hand | 54/58 | €3,572 | €4,987 | +€1,415 | +39.6% |
| Deferred charges and accrued income | 490/1 | €537 | €555 | +€18 | +3.4% |
| Total equity and liabilities | 10/49 | €43,116 | €49,043 | +€5,927 | +13.7% |
| Equity | 10/15 | €32,193 | €37,001 | +€4,808 | +14.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,570 | €18,270 | +€4,700 | +34.6% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €12,950 | €17,650 | +€4,700 | +36.3% |
| Profit (loss) carried forward | 14 | €31 | €139 | +€108 | +350% |
| Amounts payable | 17/49 | €10,923 | €12,042 | +€1,119 | +10.2% |
| Amounts payable within one year | 42/48 | €10,923 | €12,042 | +€1,119 | +10.2% |
| Trade debts | 44 | €3,820 | €3,846 | +€26 | +0.7% |
| Suppliers | 440/4 | €3,820 | €3,846 | +€26 | +0.7% |
| Taxes, remuneration and social security | 45 | €7,103 | €8,196 | +€1,093 | +15.4% |
| Taxes | 450/3 | €7,103 | €8,196 | +€1,093 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,846 | €6,328 | +€2,482 | +64.5% |
| Other operating charges | 640/8 | €192 | €992 | +€799 | +416% |
| Gross operating margin | 9900 | €26,480 | €13,975 | -€12,506 | -47.2% |
| Operating profit (loss) | 9901 | €22,442 | €6,655 | -€15,787 | -70.3% |
| Financial income | 75/76B | €350 | €659 | +€309 | +88.3% |
| Recurring financial income | 75 | €350 | €659 | +€309 | +88.3% |
| Financial charges | 65/66B | €132 | €105 | -€27 | -20.4% |
| Recurring financial charges | 65 | €132 | €105 | -€27 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €22,660 | €7,209 | -€15,451 | -68.2% |
| Income taxes | 67/77 | €5,803 | €2,401 | -€3,402 | -58.6% |
| Profit (loss) for the period | 9904 | €16,857 | €4,808 | -€12,049 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,857 | €4,808 | -€12,049 | -71.5% |
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 29 October 2026 via checked.be.