FIPROMAT: 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.
FIPROMAT
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+193.7%), from €883,526 to €2.6m
of which Other amounts receivable: +€1.7m
- Cash -€213,804
down €213,804 (-48.8%), from €438,230 to €224,426
mainly Receivables within one year (-€1.7m) and Deferred charges and accrued income (-€175,430)
- Deferred charges and accrued income +€175,430
up €175,430 (+212.2%), from €82,678 to €258,107
- Tangible fixed assets -€76,063
down €76,063 (-21.7%), from €349,833 to €273,770
of which Furniture and vehicles: -€48,203
- Short-term financial debts +€1.4m
up €1.4m (+113.2%), from €1.3m to €2.7m
- Trade debts +€211,438
up €211,438 (+101.0%), from €209,443 to €420,881
- Tax, wage and social debts -€159,113
down €159,113 (-25.3%), from €628,974 to €469,861
of which Remuneration and social security: -€126,254
- Profit (loss) carried forward +€133,180
up €133,180 (+47.9%), from €277,952 to €411,132
- Staff costs +€126,512
up €126,512 (+3.3%), from €3.8m to €3.9m
- Gross operating margin +€86,411
up €86,411 (+2.1%), from €4.1m to €4.2m
- Financial income +€69,339
up €69,339 (+264.9%), from €26,180 to €95,519
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 | €2,522,159 | €4,118,629 | +€1.6m | +63.3% |
| Fixed assets | 21/28 | €1,111,902 | €1,032,632 | -€79,270 | -7.1% |
| Intangible fixed assets | 21 | €754,927 | €752,083 | -€2,844 | -0.4% |
| Tangible fixed assets | 22/27 | €349,833 | €273,770 | -€76,063 | -21.7% |
| Plant, machinery and equipment | 23 | €73,176 | €61,090 | -€12,086 | -16.5% |
| Furniture and vehicles | 24 | €166,513 | €118,310 | -€48,203 | -28.9% |
| Other tangible fixed assets | 26 | €110,143 | €94,370 | -€15,774 | -14.3% |
| Financial fixed assets | 28 | €7,142 | €6,779 | -€363 | -5.1% |
| Current assets | 29/58 | €1,410,256 | €3,085,997 | +€1.7m | +118.8% |
| Stocks and contracts in progress | 3 | €5,823 | €8,714 | +€2,891 | +49.6% |
| Stocks | 30/36 | €5,823 | €8,714 | +€2,891 | +49.6% |
| Amounts receivable within one year | 40/41 | €883,526 | €2,594,750 | +€1.7m | +193.7% |
| Trade receivables | 40 | €376,610 | €400,956 | +€24,345 | +6.5% |
| Other amounts receivable | 41 | €506,916 | €2,193,794 | +€1.7m | +332.8% |
| Cash at bank and in hand | 54/58 | €438,230 | €224,426 | -€213,804 | -48.8% |
| Deferred charges and accrued income | 490/1 | €82,678 | €258,107 | +€175,430 | +212.2% |
| Total equity and liabilities | 10/49 | €2,522,159 | €4,118,629 | +€1.6m | +63.3% |
| Equity | 10/15 | €360,452 | €493,632 | +€133,180 | +36.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €277,952 | €411,132 | +€133,180 | +47.9% |
| Amounts payable | 17/49 | €2,161,707 | €3,624,997 | +€1.5m | +67.7% |
| Amounts payable after more than one year | 17 | €465 | €435 | -€30 | -6.5% |
| Other amounts payable | 178/9 | €465 | €435 | -€30 | -6.5% |
| Amounts payable within one year | 42/48 | €2,126,487 | €3,596,576 | +€1.5m | +69.1% |
| Financial debts | 43 | €1,269,100 | €2,705,833 | +€1.4m | +113.2% |
| Credit institutions | 430/8 | €1,269,100 | €2,705,833 | +€1.4m | +113.2% |
| Trade debts | 44 | €209,443 | €420,881 | +€211,438 | +101.0% |
| Suppliers | 440/4 | €209,443 | €420,881 | +€211,438 | +101.0% |
| Taxes, remuneration and social security | 45 | €628,974 | €469,861 | -€159,113 | -25.3% |
| Taxes | 450/3 | €92,947 | €60,087 | -€32,860 | -35.4% |
| Remuneration and social security | 454/9 | €536,027 | €409,774 | -€126,254 | -23.6% |
| Other amounts payable | 47/48 | €18,969 | - | -€18,969 | |
| Accrued charges and deferred income | 492/3 | €34,756 | €27,987 | -€6,769 | -19.5% |
| Remuneration, social security and pensions | 62 | €3,806,912 | €3,933,423 | +€126,512 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,389 | €87,189 | +€800 | +0.9% |
| Other operating charges | 640/8 | €3,404 | €3,671 | +€267 | +7.8% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | €4,106,579 | €4,192,989 | +€86,411 | +2.1% |
| Operating profit (loss) | 9901 | €209,674 | €168,706 | -€40,968 | -19.5% |
| Financial income | 75/76B | €26,180 | €95,519 | +€69,339 | +264.9% |
| Recurring financial income | 75 | €26,180 | €95,519 | +€69,339 | +264.9% |
| Financial charges | 65/66B | €67,108 | €79,128 | +€12,019 | +17.9% |
| Recurring financial charges | 65 | €67,108 | €79,128 | +€12,019 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €168,745 | €185,097 | +€16,352 | +9.7% |
| Income taxes | 67/77 | €46,376 | €51,917 | +€5,541 | +11.9% |
| Profit (loss) for the period | 9904 | €122,369 | €133,180 | +€10,811 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €122,369 | €133,180 | +€10,811 | +8.8% |
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 10 October 2026 via checked.be.