PIMESA: 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.
PIMESA
Largest movements
- Receivables within one year +€60,146
up €60,146 (+150.9%), from €39,854 to €100,000
- Cash +€42,801
up €42,801 (+42.6%), from €100,521 to €143,322
mainly Other debts (+€197,631) and Net result for the year (+€94,847)
- Other debts +€197,631
up €197,631 (+1109.8%), from €17,809 to €215,440
- Reserves -€103,386
down €103,386 (-34.3%), from €301,330 to €197,944
- Tax, wage and social debts +€7,320
up €7,320 (+146.3%), from €5,002 to €12,323
- Gross operating margin +€80,980
up €80,980 (+205.7%), from €39,365 to €120,345
- Taxes +€16,147
up €16,147 (+103.7%), from €15,576 to €31,722
- Financial income +€2,268
up €2,268 (+28.9%), from €7,856 to €10,124
- Financial charges +€1,435
up €1,435 (+74.8%), from €1,918 to €3,353
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 | €338,610 | €442,261 | +€103,651 | +30.6% |
| Current assets | 29/58 | €338,610 | €442,261 | +€103,651 | +30.6% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,854 | €100,000 | +€60,146 | +150.9% |
| Trade receivables | 40 | €39,854 | €100,000 | +€60,146 | +150.9% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €100,521 | €143,322 | +€42,801 | +42.6% |
| Deferred charges and accrued income | 490/1 | €8,235 | €8,939 | +€704 | +8.5% |
| Total equity and liabilities | 10/49 | €338,610 | €442,261 | +€103,651 | +30.6% |
| Equity | 10/15 | €314,011 | €210,625 | -€103,386 | -32.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €301,330 | €197,944 | -€103,386 | -34.3% |
| Distributable reserves | 133 | €301,330 | €197,944 | -€103,386 | -34.3% |
| Profit (loss) carried forward | 14 | €6,480 | €6,480 | = | 0.0% |
| Amounts payable | 17/49 | €24,599 | €231,636 | +€207,037 | +841.6% |
| Amounts payable within one year | 42/48 | €22,971 | €230,381 | +€207,410 | +902.9% |
| Trade debts | 44 | €160 | €2,618 | +€2,458 | +1536.4% |
| Suppliers | 440/4 | €160 | €2,618 | +€2,458 | +1536.4% |
| Taxes, remuneration and social security | 45 | €5,002 | €12,323 | +€7,320 | +146.3% |
| Taxes | 450/3 | €5,002 | €12,323 | +€7,320 | +146.3% |
| Other amounts payable | 47/48 | €17,809 | €215,440 | +€197,631 | +1109.8% |
| Accrued charges and deferred income | 492/3 | €1,628 | €1,256 | -€373 | -22.9% |
| Other operating charges | 640/8 | €428 | €547 | +€119 | +27.9% |
| Gross operating margin | 9900 | €39,365 | €120,345 | +€80,980 | +205.7% |
| Operating profit (loss) | 9901 | €38,937 | €119,798 | +€80,861 | +207.7% |
| Financial income | 75/76B | €7,856 | €10,124 | +€2,268 | +28.9% |
| Recurring financial income | 75 | €7,856 | €10,124 | +€2,268 | +28.9% |
| Financial charges | 65/66B | €1,918 | €3,353 | +€1,435 | +74.8% |
| Recurring financial charges | 65 | €1,918 | €3,353 | +€1,435 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €44,875 | €126,569 | +€81,695 | +182.1% |
| Income taxes | 67/77 | €15,576 | €31,722 | +€16,147 | +103.7% |
| Profit (loss) for the period | 9904 | €29,299 | €94,847 | +€65,548 | +223.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,299 | €94,847 | +€65,548 | +223.7% |
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 5 October 2026 via checked.be.