FIMANCO: 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.
FIMANCO
Largest movements
- Current investments -€1.1m
down €1.1m (-73.3%), from €1.5m to €400,000
- Receivables after one year +€873,600
new in 2025: €873,600
- Receivables within one year +€241,575
up €241,575 (+512.7%), from €47,120 to €288,695
of which Other amounts receivable: +€192,545
- Cash +€222,357
up €222,357 (+602.5%), from €36,905 to €259,261
mainly Current investments (+€1.1m) and Net result for the year (+€144,474)
- Stocks and contracts -€90,946
down €90,946 (-43.3%), from €210,133 to €119,188
- Reserves +€144,474
up €144,474 (+5.5%), from €2.6m to €2.8m
of which Distributable reserves: +€144,474
- Trade debts +€103,137
up €103,137 (+306.9%), from €33,601 to €136,738
- Other debts -€93,226
down €93,226 (-97.0%), from €96,129 to €2,904
- Financial income -€859,882
down €859,882 (-93.8%), from €916,340 to €56,459
of which Non-recurring financial income: -€892,808
- Taxes -€304,035
down €304,035 (-82.2%), from €370,028 to €65,993
- Gross operating margin -€65,515
down €65,515 (-17.9%), from €365,685 to €300,170
- Financial charges +€24,844
up €24,844 (+4471.6%), from €556 to €25,400
of which Non-recurring financial charges: +€22,550
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 | €2,905,780 | €3,067,263 | +€161,484 | +5.6% |
| Fixed assets | 21/28 | €1,103,305 | €1,120,520 | +€17,215 | +1.6% |
| Tangible fixed assets | 22/27 | €1,103,305 | €1,120,520 | +€17,215 | +1.6% |
| Land and buildings | 22 | €717,849 | €681,372 | -€36,477 | -5.1% |
| Plant, machinery and equipment | 23 | €1,912 | €3,152 | +€1,240 | +64.8% |
| Furniture and vehicles | 24 | €221,854 | €325,173 | +€103,319 | +46.6% |
| Other tangible fixed assets | 26 | €161,690 | €110,824 | -€50,866 | -31.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,802,475 | €1,946,744 | +€144,269 | +8.0% |
| Amounts receivable after more than one year | 29 | - | €873,600 | +€873,600 | |
| Other amounts receivable | 291 | - | €873,600 | +€873,600 | |
| Stocks and contracts in progress | 3 | €210,133 | €119,188 | -€90,946 | -43.3% |
| Stocks | 30/36 | €210,133 | €119,188 | -€90,946 | -43.3% |
| Amounts receivable within one year | 40/41 | €47,120 | €288,695 | +€241,575 | +512.7% |
| Trade receivables | 40 | €47,120 | €96,149 | +€49,030 | +104.1% |
| Other amounts receivable | 41 | €0 | €192,545 | +€192,545 | |
| Current investments | 50/53 | €1,500,000 | €400,000 | -€1.1m | -73.3% |
| Cash at bank and in hand | 54/58 | €36,905 | €259,261 | +€222,357 | +602.5% |
| Deferred charges and accrued income | 490/1 | €8,317 | €6,000 | -€2,317 | -27.9% |
| Total equity and liabilities | 10/49 | €2,905,780 | €3,067,263 | +€161,484 | +5.6% |
| Equity | 10/15 | €2,684,360 | €2,828,835 | +€144,474 | +5.4% |
| 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 | €2,622,360 | €2,766,835 | +€144,474 | +5.5% |
| Non-distributable reserves | 130/1 | €33,200 | €33,200 | = | 0.0% |
| Legal reserve | 130 | €33,200 | €33,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,503 | €73,503 | = | 0.0% |
| Distributable reserves | 133 | €2,515,657 | €2,660,131 | +€144,474 | +5.7% |
| Amounts payable | 17/49 | €221,419 | €238,429 | +€17,009 | +7.7% |
| Amounts payable within one year | 42/48 | €221,419 | €236,360 | +€14,940 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €33,601 | €136,738 | +€103,137 | +306.9% |
| Suppliers | 440/4 | €33,601 | €136,738 | +€103,137 | +306.9% |
| Taxes, remuneration and social security | 45 | €91,689 | €96,718 | +€5,029 | +5.5% |
| Taxes | 450/3 | €91,689 | €96,718 | +€5,029 | +5.5% |
| Other amounts payable | 47/48 | €96,129 | €2,904 | -€93,226 | -97.0% |
| Accrued charges and deferred income | 492/3 | - | €2,069 | +€2,069 | |
| Non-recurring operating income | 76A | €274,800 | €89,882 | -€184,918 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,008 | €113,134 | -€1,874 | -1.6% |
| Other operating charges | 640/8 | €10,641 | €7,628 | -€3,013 | -28.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €365,685 | €300,170 | -€65,515 | -17.9% |
| Operating profit (loss) | 9901 | €240,036 | €179,408 | -€60,628 | -25.3% |
| Financial income | 75/76B | €916,340 | €56,459 | -€859,882 | -93.8% |
| Recurring financial income | 75 | €13,342 | €46,269 | +€32,927 | +246.8% |
| Non-recurring financial income | 76B | €902,998 | €10,190 | -€892,808 | -98.9% |
| Financial charges | 65/66B | €556 | €25,400 | +€24,844 | +4471.6% |
| Recurring financial charges | 65 | €556 | €2,850 | +€2,294 | +412.9% |
| Non-recurring financial charges | 66B | €0 | €22,550 | +€22,550 | |
| Profit (loss) for the period before taxes | 9903 | €1,155,820 | €210,467 | -€945,353 | -81.8% |
| Income taxes | 67/77 | €370,028 | €65,993 | -€304,035 | -82.2% |
| Profit (loss) for the period | 9904 | €785,792 | €144,474 | -€641,318 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €785,792 | €144,474 | -€641,318 | -81.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.