FIMMOMAR: 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.
FIMMOMAR
Largest movements
- Receivables within one year +€102,907
up €102,907 (+380%), from €27,072 to €129,978
of which Trade receivables: +€105,927
- Cash +€68,527
up €68,527 (+28,594%), from €240 to €68,767
- Trade debts +€153,575
up €153,575 (+7,157%), from €2,146 to €155,721
- Profit (loss) carried forward +€10,850
up €10,850, from -€9,683 to €1,166
- Tax, wage and social debts +€6,640
up €6,640 (+110%), from €6,062 to €12,702
- Other debts +€4,369
new in 2025: €4,369
- Provisions -€4,000
no longer reported in 2025 (was €4,000)
- Gross operating margin -€68,878
down €68,878 (-89.8%), from €76,662 to €7,784
- Provisions -€4,000
new in 2025: -€4,000
- Write-downs -€1,069
new in 2025: -€1,069
- Other operating charges +€818
up €818 (+75.5%), from €1,084 to €1,903
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,311 | €198,745 | +€171,434 | +628% |
| Current assets | 29/58 | €27,311 | €198,745 | +€171,434 | +628% |
| Amounts receivable within one year | 40/41 | €27,072 | €129,978 | +€102,907 | +380% |
| Trade receivables | 40 | €24,051 | €129,978 | +€105,927 | +440% |
| Other amounts receivable | 41 | €3,020 | - | -€3,020 | |
| Cash at bank and in hand | 54/58 | €240 | €68,767 | +€68,527 | +28,594% |
| Total equity and liabilities | 10/49 | €27,311 | €198,745 | +€171,434 | +628% |
| Equity | 10/15 | €4,577 | €15,426 | +€10,850 | +237% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€9,683 | €1,166 | +€10,850 | |
| Provisions and deferred taxes | 16 | €4,000 | - | -€4,000 | |
| Provisions for liabilities and charges | 160/5 | €4,000 | - | -€4,000 | |
| Environmental obligations | 163 | €4,000 | - | -€4,000 | |
| Amounts payable | 17/49 | €18,735 | €183,319 | +€164,584 | +878% |
| Amounts payable within one year | 42/48 | €8,208 | €172,792 | +€164,584 | +2,005% |
| Trade debts | 44 | €2,146 | €155,721 | +€153,575 | +7,157% |
| Suppliers | 440/4 | €2,146 | €155,721 | +€153,575 | +7,157% |
| Taxes, remuneration and social security | 45 | €6,062 | €12,702 | +€6,640 | +110% |
| Taxes | 450/3 | €6,062 | €12,702 | +€6,640 | +110% |
| Other amounts payable | 47/48 | - | €4,369 | +€4,369 | |
| Accrued charges and deferred income | 492/3 | €10,527 | €10,527 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,069 | -€1,069 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€4,000 | -€4,000 | |
| Other operating charges | 640/8 | €1,084 | €1,903 | +€818 | +75.5% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Gross operating margin | 9900 | €76,662 | €7,784 | -€68,878 | -89.8% |
| Operating profit (loss) | 9901 | €75,553 | €10,950 | -€64,603 | -85.5% |
| Financial charges | 65/66B | €176 | €100 | -€76 | -42.9% |
| Recurring financial charges | 65 | €176 | €100 | -€76 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €75,377 | €10,850 | -€64,527 | -85.6% |
| Profit (loss) for the period | 9904 | €75,377 | €10,850 | -€64,527 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,377 | €10,850 | -€64,527 | -85.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.