FIMASEB: 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.
FIMASEB
Largest movements
- Tangible fixed assets +€18,361
up €18,361 (+96.9%), from €18,955 to €37,316
- Receivables within one year +€7,463
up €7,463 (+69.6%), from €10,730 to €18,193
of which Trade receivables: +€7,866
- Cash +€2,355
up €2,355 (+803.8%), from €293 to €2,648
mainly Other debts (+€17,322) and Debts after one year (+€16,237)
- Deferred charges and accrued income +€2,085
up €2,085 (+67.9%), from €3,070 to €5,155
- Other debts +€17,322
new in 2025: €17,322
- Debts after one year +€16,237
new in 2025: €16,237
- Profit (loss) carried forward -€13,380
down €13,380, from €4,049 to -€9,331
- Current portion of long-term debt +€5,415
new in 2025: €5,415
- Trade debts +€5,400
up €5,400 (+103.7%), from €5,209 to €10,609
- Purchases and services +€93,237
new in 2025: €93,237
- Gross operating margin -€18,697
down €18,697 (-15.6%), from €120,227 to €101,530
- Other operating charges +€11,473
new in 2025: €11,473
- Depreciation -€4,730
down €4,730 (-50.8%), from €9,319 to €4,589
- Staff costs -€3,796
down €3,796 (-3.8%), from €101,027 to €97,231
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 | €45,985 | €76,249 | +€30,264 | +65.8% |
| Fixed assets | 21/28 | €31,892 | €50,253 | +€18,361 | +57.6% |
| Tangible fixed assets | 22/27 | €18,955 | €37,316 | +€18,361 | +96.9% |
| Furniture and vehicles | 24 | €18,955 | €37,316 | +€18,361 | +96.9% |
| Financial fixed assets | 28 | €12,937 | €12,937 | = | 0.0% |
| Current assets | 29/58 | €14,093 | €25,996 | +€11,903 | +84.5% |
| Amounts receivable within one year | 40/41 | €10,730 | €18,193 | +€7,463 | +69.6% |
| Trade receivables | 40 | €3,832 | €11,698 | +€7,866 | +205.3% |
| Other amounts receivable | 41 | €6,898 | €6,495 | -€403 | -5.8% |
| Cash at bank and in hand | 54/58 | €293 | €2,648 | +€2,355 | +803.8% |
| Deferred charges and accrued income | 490/1 | €3,070 | €5,155 | +€2,085 | +67.9% |
| Total equity and liabilities | 10/49 | €45,985 | €76,249 | +€30,264 | +65.8% |
| Equity | 10/15 | €24,509 | €11,129 | -€13,380 | -54.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €4,049 | -€9,331 | -€13,380 | |
| Amounts payable | 17/49 | €21,476 | €65,120 | +€43,644 | +203.2% |
| Amounts payable after more than one year | 17 | - | €16,237 | +€16,237 | |
| Financial debts | 170/4 | - | €16,237 | +€16,237 | |
| Amounts payable within one year | 42/48 | €21,476 | €48,883 | +€27,407 | +127.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,415 | +€5,415 | |
| Trade debts | 44 | €5,209 | €10,609 | +€5,400 | +103.7% |
| Suppliers | 440/4 | €5,209 | €10,609 | +€5,400 | +103.7% |
| Taxes, remuneration and social security | 45 | €16,267 | €15,537 | -€730 | -4.5% |
| Taxes | 450/3 | €16,267 | €1,757 | -€14,510 | -89.2% |
| Remuneration and social security | 454/9 | - | €13,780 | +€13,780 | |
| Other amounts payable | 47/48 | - | €17,322 | +€17,322 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €93,237 | +€93,237 | |
| Remuneration, social security and pensions | 62 | €101,027 | €97,231 | -€3,796 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,319 | €4,589 | -€4,730 | -50.8% |
| Other operating charges | 640/8 | - | €11,473 | +€11,473 | |
| Gross operating margin | 9900 | €120,227 | €101,530 | -€18,697 | -15.6% |
| Operating profit (loss) | 9901 | €9,881 | -€11,763 | -€21,644 | |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €165 | €1,617 | +€1,452 | +880.0% |
| Recurring financial charges | 65 | €165 | €1,617 | +€1,452 | +880.0% |
| Profit (loss) for the period before taxes | 9903 | €9,762 | -€13,380 | -€23,142 | |
| Income taxes | 67/77 | -€1,012 | - | +€1,012 | |
| Profit (loss) for the period | 9904 | €10,774 | -€13,380 | -€24,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,774 | -€13,380 | -€24,154 |
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 2 October 2026 via checked.be.