PIMAPOL: 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.
PIMAPOL
Largest movements
- Receivables within one year -€8,741
down €8,741 (-17.7%), from €49,484 to €40,743
of which Trade receivables: -€14,402
- Tangible fixed assets +€4,787
up €4,787 (+59.0%), from €8,112 to €12,899
of which Furniture and vehicles: +€4,507
- Cash +€3,957
up €3,957 (+25.5%), from €15,542 to €19,498
mainly Receivables within one year (+€8,741) and Depreciation (+€6,744)
- Deferred charges and accrued income -€1,164
down €1,164 (-16.1%), from €7,214 to €6,050
- Profit (loss) carried forward -€4,936
down €4,936 (-8.3%), from €59,471 to €54,535
- Trade debts +€3,848
up €3,848 (+32.9%), from €11,712 to €15,559
- Gross operating margin -€9,428
down €9,428 (-57.6%), from €16,377 to €6,949
- Other operating charges -€2,064
down €2,064 (-47.8%), from €4,314 to €2,250
- Depreciation -€1,972
down €1,972 (-22.6%), from €8,716 to €6,744
- Financial charges -€700
down €700 (-21.3%), from €3,291 to €2,591
- Taxes -€453
down €453 (-40.9%), from €1,109 to €655
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 | €80,352 | €79,191 | -€1,161 | -1.4% |
| Fixed assets | 21/28 | €8,112 | €12,899 | +€4,787 | +59.0% |
| Tangible fixed assets | 22/27 | €8,112 | €12,899 | +€4,787 | +59.0% |
| Plant, machinery and equipment | 23 | €217 | €497 | +€280 | +129.1% |
| Furniture and vehicles | 24 | €7,895 | €12,402 | +€4,507 | +57.1% |
| Current assets | 29/58 | €72,240 | €66,292 | -€5,948 | -8.2% |
| Amounts receivable within one year | 40/41 | €49,484 | €40,743 | -€8,741 | -17.7% |
| Trade receivables | 40 | €46,429 | €32,027 | -€14,402 | -31.0% |
| Other amounts receivable | 41 | €3,055 | €8,716 | +€5,661 | +185.3% |
| Cash at bank and in hand | 54/58 | €15,542 | €19,498 | +€3,957 | +25.5% |
| Deferred charges and accrued income | 490/1 | €7,214 | €6,050 | -€1,164 | -16.1% |
| Total equity and liabilities | 10/49 | €80,352 | €79,191 | -€1,161 | -1.4% |
| Equity | 10/15 | €67,531 | €62,595 | -€4,936 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,471 | €54,535 | -€4,936 | -8.3% |
| Amounts payable | 17/49 | €12,821 | €16,595 | +€3,775 | +29.4% |
| Amounts payable within one year | 42/48 | €12,821 | €16,595 | +€3,775 | +29.4% |
| Trade debts | 44 | €11,712 | €15,559 | +€3,848 | +32.9% |
| Suppliers | 440/4 | €11,712 | €15,559 | +€3,848 | +32.9% |
| Taxes, remuneration and social security | 45 | €1,109 | €1,036 | -€73 | -6.6% |
| Taxes | 450/3 | €1,109 | €1,036 | -€73 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,716 | €6,744 | -€1,972 | -22.6% |
| Other operating charges | 640/8 | €4,314 | €2,250 | -€2,064 | -47.8% |
| Gross operating margin | 9900 | €16,377 | €6,949 | -€9,428 | -57.6% |
| Operating profit (loss) | 9901 | €3,347 | -€2,045 | -€5,392 | |
| Financial income | 75/76B | €162 | €356 | +€194 | +120.1% |
| Recurring financial income | 75 | €162 | €356 | +€194 | +120.1% |
| Financial charges | 65/66B | €3,291 | €2,591 | -€700 | -21.3% |
| Recurring financial charges | 65 | €3,291 | €2,591 | -€700 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €218 | -€4,281 | -€4,499 | |
| Income taxes | 67/77 | €1,109 | €655 | -€453 | -40.9% |
| Profit (loss) for the period | 9904 | -€891 | -€4,936 | -€4,045 | -454.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€891 | -€4,936 | -€4,045 | -454.0% |
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.