FIPARIM: 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.
FIPARIM
Largest movements
- Financial fixed assets -€594,944
down €594,944 (-29.1%), from €2.0m to €1.5m
- Deferred charges and accrued income -€26,850
down €26,850 (-95.6%), from €28,096 to €1,246
- Profit (loss) carried forward -€627,062
down €627,062 (-64.9%), from €966,886 to €339,824
- Debts after one year +€29,128
up €29,128 (+5.0%), from €582,544 to €611,672
- Financial charges +€617,025
up €617,025 (+2220.2%), from €27,791 to €644,816
of which Non-recurring financial charges: +€615,631
- Financial income -€5,162
down €5,162 (-17.9%), from €28,820 to €23,658
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 | €2,590,167 | €1,992,233 | -€597,934 | -23.1% |
| Fixed assets | 21/28 | €2,047,491 | €1,452,547 | -€594,944 | -29.1% |
| Financial fixed assets | 28 | €2,047,491 | €1,452,547 | -€594,944 | -29.1% |
| Current assets | 29/58 | €542,676 | €539,686 | -€2,990 | -0.6% |
| Amounts receivable within one year | 40/41 | €674 | €1,566 | +€892 | +132.3% |
| Other amounts receivable | 41 | €674 | €1,566 | +€892 | +132.3% |
| Cash at bank and in hand | 54/58 | €513,906 | €536,874 | +€22,968 | +4.5% |
| Deferred charges and accrued income | 490/1 | €28,096 | €1,246 | -€26,850 | -95.6% |
| Total equity and liabilities | 10/49 | €2,590,167 | €1,992,233 | -€597,934 | -23.1% |
| Equity | 10/15 | €1,990,783 | €1,363,721 | -€627,062 | -31.5% |
| Contributions | 10/11 | €930,815 | €930,815 | = | 0.0% |
| Capital | 10 | €930,815 | €930,815 | = | 0.0% |
| Issued capital | 100 | €930,815 | €930,815 | = | 0.0% |
| Reserves | 13 | €93,082 | €93,082 | = | 0.0% |
| Non-distributable reserves | 130/1 | €93,082 | €93,082 | = | 0.0% |
| Legal reserve | 130 | €93,082 | €93,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €966,886 | €339,824 | -€627,062 | -64.9% |
| Amounts payable | 17/49 | €599,384 | €628,512 | +€29,128 | +4.9% |
| Amounts payable after more than one year | 17 | €582,544 | €611,672 | +€29,128 | +5.0% |
| Other amounts payable | 178/9 | €582,544 | €611,672 | +€29,128 | +5.0% |
| Amounts payable within one year | 42/48 | €16,840 | €16,840 | = | 0.0% |
| Trade debts | 44 | €16,840 | €16,840 | = | 0.0% |
| Suppliers | 440/4 | €16,840 | €16,840 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,904 | €4,906 | +€2 | 0.0% |
| Other operating charges | 640/8 | €967 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€4,904 | -€4,906 | -€2 | 0.0% |
| Operating profit (loss) | 9901 | -€5,871 | -€5,904 | -€33 | -0.6% |
| Financial income | 75/76B | €28,820 | €23,658 | -€5,162 | -17.9% |
| Recurring financial income | 75 | €28,820 | €23,658 | -€5,162 | -17.9% |
| Financial charges | 65/66B | €27,791 | €644,816 | +€617,025 | +2220.2% |
| Recurring financial charges | 65 | €27,791 | €29,185 | +€1,394 | +5.0% |
| Non-recurring financial charges | 66B | - | €615,631 | +€615,631 | |
| Profit (loss) for the period before taxes | 9903 | -€4,842 | -€627,062 | -€622,220 | -12850.5% |
| Profit (loss) for the period | 9904 | -€4,842 | -€627,062 | -€622,220 | -12850.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,842 | -€627,062 | -€622,220 | -12850.5% |
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 6 October 2026 via checked.be.