USIMEX - EXPLOITATIE: 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.
USIMEX - EXPLOITATIE
Largest movements
- Receivables within one year -€18,516
down €18,516 (-81.9%), from €22,619 to €4,104
of which Trade receivables: -€9,757
- Cash +€16,459
up €16,459 (+113.6%), from €14,487 to €30,946
mainly Receivables within one year (+€18,516) and Depreciation (+€15,096)
- Tangible fixed assets -€13,739
down €13,739 (-9.7%), from €141,001 to €127,261
of which Furniture and vehicles: -€17,900
- Stocks and contracts +€4,060
up €4,060 (+17.7%), from €22,912 to €26,972
- Other debts -€16,572
down €16,572 (-72.5%), from €22,873 to €6,301
- Profit (loss) carried forward +€10,223
up €10,223 (+30.6%), from €33,384 to €43,607
- Trade debts -€4,944
down €4,944 (-94.0%), from €5,259 to €315
- Staff costs -€33,072
down €33,072 (-62.2%), from €53,202 to €20,130
- Other operating charges -€2,421
down €2,421 (-45.0%), from €5,385 to €2,964
- Gross operating margin -€1,353
down €1,353 (-2.7%), from €50,978 to €49,624
- Depreciation -€1,096
down €1,096 (-6.8%), from €16,192 to €15,096
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 | €205,817 | €193,393 | -€12,425 | -6.0% |
| Fixed assets | 21/28 | €144,327 | €130,588 | -€13,739 | -9.5% |
| Tangible fixed assets | 22/27 | €141,001 | €127,261 | -€13,739 | -9.7% |
| Plant, machinery and equipment | 23 | €80,453 | €76,573 | -€3,880 | -4.8% |
| Furniture and vehicles | 24 | €50,266 | €32,366 | -€17,900 | -35.6% |
| Other tangible fixed assets | 26 | €10,282 | €18,322 | +€8,041 | +78.2% |
| Financial fixed assets | 28 | €3,326 | €3,326 | = | 0.0% |
| Current assets | 29/58 | €61,490 | €62,805 | +€1,315 | +2.1% |
| Stocks and contracts in progress | 3 | €22,912 | €26,972 | +€4,060 | +17.7% |
| Stocks | 30/36 | €22,912 | €26,972 | +€4,060 | +17.7% |
| Amounts receivable within one year | 40/41 | €22,619 | €4,104 | -€18,516 | -81.9% |
| Trade receivables | 40 | €12,866 | €3,108 | -€9,757 | -75.8% |
| Other amounts receivable | 41 | €9,753 | €995 | -€8,758 | -89.8% |
| Cash at bank and in hand | 54/58 | €14,487 | €30,946 | +€16,459 | +113.6% |
| Deferred charges and accrued income | 490/1 | €1,472 | €783 | -€688 | -46.8% |
| Total equity and liabilities | 10/49 | €205,817 | €193,393 | -€12,425 | -6.0% |
| Equity | 10/15 | €172,453 | €182,676 | +€10,223 | +5.9% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €52,307 | €52,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Legal reserve | 130 | €8,676 | €8,676 | = | 0.0% |
| Distributable reserves | 133 | €43,631 | €43,631 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,384 | €43,607 | +€10,223 | +30.6% |
| Amounts payable | 17/49 | €33,364 | €10,716 | -€22,647 | -67.9% |
| Amounts payable within one year | 42/48 | €33,364 | €10,716 | -€22,647 | -67.9% |
| Trade debts | 44 | €5,259 | €315 | -€4,944 | -94.0% |
| Suppliers | 440/4 | €5,259 | €315 | -€4,944 | -94.0% |
| Taxes, remuneration and social security | 45 | €5,231 | €4,100 | -€1,131 | -21.6% |
| Taxes | 450/3 | €605 | €2,581 | +€1,976 | +326.8% |
| Remuneration and social security | 454/9 | €4,626 | €1,519 | -€3,107 | -67.2% |
| Other amounts payable | 47/48 | €22,873 | €6,301 | -€16,572 | -72.5% |
| Remuneration, social security and pensions | 62 | €53,202 | €20,130 | -€33,072 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,192 | €15,096 | -€1,096 | -6.8% |
| Other operating charges | 640/8 | €5,385 | €2,964 | -€2,421 | -45.0% |
| Gross operating margin | 9900 | €50,978 | €49,624 | -€1,353 | -2.7% |
| Operating profit (loss) | 9901 | -€23,802 | €11,434 | +€35,235 | |
| Financial income | 75/76B | €59 | €367 | +€308 | +524.3% |
| Recurring financial income | 75 | €59 | €367 | +€308 | +524.3% |
| Financial charges | 65/66B | €1,471 | €1,578 | +€107 | +7.3% |
| Recurring financial charges | 65 | €1,471 | €1,578 | +€107 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,214 | €10,223 | +€35,437 | |
| Profit (loss) for the period | 9904 | -€25,214 | €10,223 | +€35,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,214 | €10,223 | +€35,437 |
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.