FIMMOBEL: 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.
FIMMOBEL
Largest movements
- Current investments +€6.3m
up €6.3m (+30.4%), from €20.8m to €27.1m
- Financial fixed assets -€5.9m
down €5.9m (-34.0%), from €17.5m to €11.6m
- Reserves +€787,000
up €787,000 (+1.8%), from €44.1m to €44.9m
of which Distributable reserves: +€787,000
- Taxes -€100,135
down €100,135 (-11.2%), from €898,059 to €797,924
- Financial income -€98,811
down €98,811 (-3.0%), from €3.3m to €3.2m
of which Financial income: -€560,020
- Gross operating margin +€43,291
up €43,291 (+6.0%), from €719,223 to €762,514
- Financial charges -€38,580
down €38,580 (-4.4%), from €877,468 to €838,888
of which Non-recurring financial charges: -€524,828
- Other operating charges +€11,087
up €11,087 (+3.5%), from €321,145 to €332,232
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 | €44,468,139 | €45,014,396 | +€546,256 | +1.2% |
| Fixed assets | 21/28 | €19,473,906 | €13,397,965 | -€6.1m | -31.2% |
| Tangible fixed assets | 22/27 | €1,971,175 | €1,837,938 | -€133,236 | -6.8% |
| Land and buildings | 22 | €1,965,938 | €1,833,329 | -€132,609 | -6.7% |
| Plant, machinery and equipment | 23 | €5,237 | €4,609 | -€628 | -12.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €17,502,731 | €11,560,026 | -€5.9m | -34.0% |
| Current assets | 29/58 | €24,994,233 | €31,616,431 | +€6.6m | +26.5% |
| Current investments | 50/53 | €20,797,676 | €27,115,453 | +€6.3m | +30.4% |
| Cash at bank and in hand | 54/58 | €4,157,963 | €4,463,341 | +€305,378 | +7.3% |
| Deferred charges and accrued income | 490/1 | €38,594 | €37,638 | -€956 | -2.5% |
| Total equity and liabilities | 10/49 | €44,468,139 | €45,014,396 | +€546,256 | +1.2% |
| Equity | 10/15 | €42,712,305 | €43,503,425 | +€791,120 | +1.9% |
| Contributions | 10/11 | €126,000 | €126,000 | = | 0.0% |
| Capital | 10 | €126,000 | €126,000 | = | 0.0% |
| Issued capital | 100 | €126,000 | €126,000 | = | 0.0% |
| Reserves | 13 | €44,116,437 | €44,903,437 | +€787,000 | +1.8% |
| Non-distributable reserves | 130/1 | €18,426 | €18,426 | = | 0.0% |
| Legal reserve | 130 | €12,600 | €12,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,826 | €5,826 | = | 0.0% |
| Tax-exempt reserves | 132 | €455,011 | €455,011 | = | 0.0% |
| Distributable reserves | 133 | €43,643,000 | €44,430,000 | +€787,000 | +1.8% |
| Profit (loss) carried forward | 14 | -€1,530,132 | -€1,526,012 | +€4,120 | +0.3% |
| Amounts payable | 17/49 | €1,755,834 | €1,510,971 | -€244,864 | -13.9% |
| Amounts payable after more than one year | 17 | €134,564 | €24,605 | -€109,959 | -81.7% |
| Financial debts | 170/4 | €134,564 | €24,605 | -€109,959 | -81.7% |
| Amounts payable within one year | 42/48 | €1,405,439 | €1,486,366 | +€80,927 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €107,511 | €109,959 | +€2,448 | +2.3% |
| Trade debts | 44 | €67,068 | €69,051 | +€1,983 | +3.0% |
| Suppliers | 440/4 | €67,068 | €69,051 | +€1,983 | +3.0% |
| Taxes, remuneration and social security | 45 | €268,860 | €286,356 | +€17,496 | +6.5% |
| Taxes | 450/3 | €268,860 | €286,356 | +€17,496 | +6.5% |
| Other amounts payable | 47/48 | €962,000 | €1,021,000 | +€59,000 | +6.1% |
| Accrued charges and deferred income | 492/3 | €215,831 | €0 | -€215,831 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,224 | €158,182 | +€8,957 | +6.0% |
| Other operating charges | 640/8 | €321,145 | €332,232 | +€11,087 | +3.5% |
| Gross operating margin | 9900 | €719,223 | €762,514 | +€43,291 | +6.0% |
| Operating profit (loss) | 9901 | €248,854 | €272,100 | +€23,246 | +9.3% |
| Financial income | 75/76B | €3,275,642 | €3,176,832 | -€98,811 | -3.0% |
| Recurring financial income | 75 | €3,092,381 | €2,532,361 | -€560,020 | -18.1% |
| Non-recurring financial income | 76B | €183,261 | €644,470 | +€461,209 | +251.7% |
| Financial charges | 65/66B | €877,468 | €838,888 | -€38,580 | -4.4% |
| Recurring financial charges | 65 | €122,676 | €608,924 | +€486,248 | +396.4% |
| Non-recurring financial charges | 66B | €754,791 | €229,964 | -€524,828 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €2,647,028 | €2,610,044 | -€36,984 | -1.4% |
| Income taxes | 67/77 | €898,059 | €797,924 | -€100,135 | -11.2% |
| Profit (loss) for the period | 9904 | €1,748,968 | €1,812,120 | +€63,151 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,748,968 | €1,812,120 | +€63,151 | +3.6% |
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 9 October 2026 via checked.be.