Fimo: what changed
What changed
Fimo
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€35,635
2024 · €62,032-€97,667
Equity
€1.6m
2024 · €1.6m-€35,634
Cash
€883
2024 · €2,484-€1,602
Balance sheet total
€2.8m
2024 · €2.6m+€147,690
Largest movements
Assets
- Tangible fixed assets +€299,973
up €299,973 (+13.2%), from €2.3m to €2.6m
of which Land and buildings: +€294,556
- Receivables within one year -€202,270
down €202,270 (-62.6%), from €322,917 to €120,647
of which Other amounts receivable: -€194,439
- Deferred charges and accrued income +€51,589
up €51,589 (+258%), from €20,025 to €71,615
Equity and liabilities
- Debts after one year +€157,174
up €157,174 (+23.3%), from €674,988 to €832,162
- Current portion of long-term debt +€29,398
up €29,398 (+26.0%), from €112,986 to €142,384
- Reserves -€27,702
down €27,702 (-4.1%), from €676,935 to €649,233
of which Tax-exempt reserves: -€27,702
Income statement
- Gross operating margin -€106,730
down €106,730 (-50.5%), from €211,153 to €104,423
- Financial income -€9,643
down €9,643 (-56.2%), from €17,145 to €7,501
- Financial charges +€6,317
up €6,317 (+28.2%), from €22,376 to €28,693
- Taxes -€5,268
no longer reported in 2025 (was €5,268)
- Other operating charges +€3,584
up €3,584 (+24.5%), from €14,619 to €18,203
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€62,032
Gross operating margin
-€106,730
Staff costs
-€248
Depreciation
+€362
Write-downs
-€2,937
Other operating charges
-€3,584
Other operating items
+€665
Financial income
-€9,643
Financial charges
-€6,317
Taxes
+€5,268
Deferred taxes and other
+€25,498
Result 2025
-€35,635
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€218,758
Investment
-€406,933
Financing
+€186,573
Cash 2024
€2,484
From operations (derived)
+€218,758
Net result for the year
-€35,635
Depreciation
+€106,960
Receivables within one year
+€202,270
Deferred charges and accrued income
-€51,589
Provisions
-€9,235
Trade debts
-€4,733
Tax, wage and social debts
-€3,288
Other debts
+€17,323
Accrued charges and deferred income
-€3,315
Investment (derived)
-€406,933
Investment in fixed assets (net)
-€406,933
Financing
+€186,573
Debts after one year
+€157,174
Current portion of long-term debt
+€29,398
Contributions, distributions and other
+€1
Cash 2025
€883
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,619,996 | €2,767,686 | +€147,690 | +5.6% |
| Fixed assets | 21/28 | €2,274,570 | €2,574,542 | +€299,973 | +13.2% |
| Tangible fixed assets | 22/27 | €2,270,580 | €2,570,552 | +€299,973 | +13.2% |
| Land and buildings | 22 | €2,264,843 | €2,559,399 | +€294,556 | +13.0% |
| Furniture and vehicles | 24 | €5,737 | €11,153 | +€5,416 | +94.4% |
| Financial fixed assets | 28 | €3,990 | €3,990 | = | 0.0% |
| Current assets | 29/58 | €345,426 | €193,144 | -€152,282 | -44.1% |
| Amounts receivable within one year | 40/41 | €322,917 | €120,647 | -€202,270 | -62.6% |
| Trade receivables | 40 | €12,719 | €4,888 | -€7,831 | -61.6% |
| Other amounts receivable | 41 | €310,198 | €115,759 | -€194,439 | -62.7% |
| Cash at bank and in hand | 54/58 | €2,484 | €883 | -€1,602 | -64.5% |
| Deferred charges and accrued income | 490/1 | €20,025 | €71,615 | +€51,589 | +258% |
| Total equity and liabilities | 10/49 | €2,619,996 | €2,767,686 | +€147,690 | +5.6% |
| Equity | 10/15 | €1,588,604 | €1,552,970 | -€35,634 | -2.2% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €676,935 | €649,233 | -€27,702 | -4.1% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €642,008 | €614,307 | -€27,702 | -4.3% |
| Distributable reserves | 133 | €18,926 | €18,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | €751,669 | €743,737 | -€7,932 | -1.1% |
| Provisions and deferred taxes | 16 | €214,004 | €204,769 | -€9,235 | -4.3% |
| Deferred taxes | 168 | €214,004 | €204,769 | -€9,235 | -4.3% |
| Amounts payable | 17/49 | €817,388 | €1,009,947 | +€192,559 | +23.6% |
| Amounts payable after more than one year | 17 | €674,988 | €832,162 | +€157,174 | +23.3% |
| Financial debts | 170/4 | €674,988 | €832,162 | +€157,174 | +23.3% |
| Amounts payable within one year | 42/48 | €134,446 | €173,146 | +€38,700 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €112,986 | €142,384 | +€29,398 | +26.0% |
| Trade debts | 44 | €11,002 | €6,269 | -€4,733 | -43.0% |
| Suppliers | 440/4 | €11,002 | €6,269 | -€4,733 | -43.0% |
| Taxes, remuneration and social security | 45 | €6,013 | €2,725 | -€3,288 | -54.7% |
| Taxes | 450/3 | €6,013 | €2,725 | -€3,288 | -54.7% |
| Other amounts payable | 47/48 | €4,445 | €21,768 | +€17,323 | +390% |
| Accrued charges and deferred income | 492/3 | €7,955 | €4,640 | -€3,315 | -41.7% |
| Remuneration, social security and pensions | 62 | -€248 | - | +€248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,322 | €106,960 | -€362 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,937 | +€2,937 | |
| Other operating charges | 640/8 | €14,619 | €18,203 | +€3,584 | +24.5% |
| Non-recurring operating charges | 66A | €665 | - | -€665 | |
| Gross operating margin | 9900 | €211,153 | €104,423 | -€106,730 | -50.5% |
| Operating profit (loss) | 9901 | €88,796 | -€23,677 | -€112,473 | |
| Financial income | 75/76B | €17,145 | €7,501 | -€9,643 | -56.2% |
| Recurring financial income | 75 | €17,145 | €7,501 | -€9,643 | -56.2% |
| Financial charges | 65/66B | €22,376 | €28,693 | +€6,317 | +28.2% |
| Recurring financial charges | 65 | €22,376 | €28,693 | +€6,317 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €83,564 | -€44,869 | -€128,434 | |
| Transfer from deferred taxes | 780 | €29,065 | €9,234 | -€19,831 | -68.2% |
| Transfer to deferred taxes | 680 | €45,329 | - | -€45,329 | |
| Income taxes | 67/77 | €5,268 | - | -€5,268 | |
| Profit (loss) for the period | 9904 | €62,032 | -€35,635 | -€97,667 | |
| Transfer from tax-exempt reserves | 789 | €87,194 | €27,703 | -€59,491 | -68.2% |
| Transfer to tax-exempt reserves | 689 | €135,986 | - | -€135,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,240 | -€7,932 | -€21,173 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.