FIMI: 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.
FIMI
Largest movements
- Cash -€22,925
down €22,925 (-45.7%), from €50,150 to €27,225
mainly Net result for the year (-€31,790) and Receivables within one year (-€15,960)
- Receivables within one year +€15,960
up €15,960 (+12,735%), from €125 to €16,086
of which Trade receivables: +€16,041
- Tangible fixed assets -€15,263
down €15,263 (-7.7%), from €197,515 to €182,252
- Profit (loss) carried forward -€31,790
down €31,790 (-19.8%), from -€160,353 to -€192,143
- Advances received +€5,310
new in 2025: €5,310
- Other debts +€4,888
up €4,888 (+5.7%), from €86,467 to €91,355
- Depreciation -€8,203
down €8,203 (-35.0%), from €23,466 to €15,263
- Gross operating margin -€4,180
down €4,180, from €1,039 to -€3,141
- Financial charges -€1,298
down €1,298 (-17.1%), from €7,582 to €6,284
- Other operating charges -€50
down €50 (-0.7%), from €7,342 to €7,291
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 | €248,859 | €226,464 | -€22,395 | -9.0% |
| Fixed assets | 21/28 | €197,515 | €182,252 | -€15,263 | -7.7% |
| Tangible fixed assets | 22/27 | €197,515 | €182,252 | -€15,263 | -7.7% |
| Land and buildings | 22 | €197,515 | €182,252 | -€15,263 | -7.7% |
| Current assets | 29/58 | €51,345 | €44,212 | -€7,132 | -13.9% |
| Amounts receivable within one year | 40/41 | €125 | €16,086 | +€15,960 | +12,735% |
| Trade receivables | 40 | - | €16,041 | +€16,041 | |
| Other amounts receivable | 41 | €125 | €45 | -€81 | -64.3% |
| Cash at bank and in hand | 54/58 | €50,150 | €27,225 | -€22,925 | -45.7% |
| Deferred charges and accrued income | 490/1 | €1,070 | €902 | -€168 | -15.7% |
| Total equity and liabilities | 10/49 | €248,859 | €226,464 | -€22,395 | -9.0% |
| Equity | 10/15 | €153,517 | €121,728 | -€31,790 | -20.7% |
| Contributions | 10/11 | €251,284 | €251,284 | = | 0.0% |
| Reserves | 13 | €62,586 | €62,586 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,128 | €25,128 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,128 | €25,128 | = | 0.0% |
| Distributable reserves | 133 | €37,458 | €37,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,353 | -€192,143 | -€31,790 | -19.8% |
| Amounts payable | 17/49 | €95,342 | €104,736 | +€9,395 | +9.9% |
| Amounts payable within one year | 42/48 | €87,903 | €98,613 | +€10,709 | +12.2% |
| Trade debts | 44 | €266 | €1,698 | +€1,432 | +539% |
| Suppliers | 440/4 | €266 | €1,698 | +€1,432 | +539% |
| Advances received on contracts in progress | 46 | - | €5,310 | +€5,310 | |
| Taxes, remuneration and social security | 45 | €1,170 | €249 | -€921 | -78.7% |
| Taxes | 450/3 | €1,170 | €249 | -€921 | -78.7% |
| Other amounts payable | 47/48 | €86,467 | €91,355 | +€4,888 | +5.7% |
| Accrued charges and deferred income | 492/3 | €7,439 | €6,124 | -€1,315 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,466 | €15,263 | -€8,203 | -35.0% |
| Other operating charges | 640/8 | €7,342 | €7,291 | -€50 | -0.7% |
| Gross operating margin | 9900 | €1,039 | -€3,141 | -€4,180 | |
| Operating profit (loss) | 9901 | -€29,769 | -€25,695 | +€4,074 | +13.7% |
| Financial income | 75/76B | €189 | €190 | +€0 | +0.1% |
| Recurring financial income | 75 | €189 | €190 | +€0 | +0.1% |
| Financial charges | 65/66B | €7,582 | €6,284 | -€1,298 | -17.1% |
| Recurring financial charges | 65 | €7,582 | €6,284 | -€1,298 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,162 | -€31,790 | +€5,372 | +14.5% |
| Profit (loss) for the period | 9904 | -€37,162 | -€31,790 | +€5,372 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,162 | -€31,790 | +€5,372 | +14.5% |
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 14 October 2026 via checked.be.