BLACK LIMO: 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.
BLACK LIMO
Largest movements
- Receivables within one year +€26,754
up €26,754 (+3,956%), from €676 to €27,431
of which Trade receivables: +€24,532
- Tangible fixed assets -€16,696
down €16,696 (-47.5%), from €35,161 to €18,464
of which Furniture and vehicles: -€17,505
- Cash -€3,831
down €3,831 (-16.4%), from €23,395 to €19,564
mainly Receivables within one year (-€26,754) and Deferred charges and accrued income (-€1,033)
- Deferred charges and accrued income +€1,033
up €1,033 (+22.5%), from €4,596 to €5,629
- Tax, wage and social debts +€5,705
up €5,705 (+186%), from €3,066 to €8,771
of which Remuneration and social security: +€4,733
- Trade debts +€1,302
up €1,302 (+47.1%), from €2,768 to €4,070
- Gross operating margin +€14,934
up €14,934 (+30.2%), from €49,385 to €64,319
- Other operating charges +€12,320
up €12,320 (+799%), from €1,542 to €13,862
- Staff costs +€5,454
up €5,454 (+14.9%), from €36,564 to €42,019
- Depreciation -€1,556
down €1,556 (-17.0%), from €9,145 to €7,589
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.
Derived cash bridge
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 | €63,858 | €71,117 | +€7,259 | +11.4% |
| Fixed assets | 21/28 | €35,191 | €18,494 | -€16,696 | -47.4% |
| Tangible fixed assets | 22/27 | €35,161 | €18,464 | -€16,696 | -47.5% |
| Plant, machinery and equipment | 23 | €512 | €1,321 | +€809 | +158% |
| Furniture and vehicles | 24 | €34,649 | €17,143 | -€17,505 | -50.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €28,667 | €52,623 | +€23,956 | +83.6% |
| Amounts receivable within one year | 40/41 | €676 | €27,431 | +€26,754 | +3,956% |
| Trade receivables | 40 | - | €24,532 | +€24,532 | |
| Other amounts receivable | 41 | €676 | €2,899 | +€2,222 | +329% |
| Cash at bank and in hand | 54/58 | €23,395 | €19,564 | -€3,831 | -16.4% |
| Deferred charges and accrued income | 490/1 | €4,596 | €5,629 | +€1,033 | +22.5% |
| Total equity and liabilities | 10/49 | €63,858 | €71,117 | +€7,259 | +11.4% |
| Equity | 10/15 | €57,807 | €58,275 | +€468 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €37,347 | €37,815 | +€468 | +1.3% |
| Amounts payable | 17/49 | €6,050 | €12,842 | +€6,791 | +112% |
| Amounts payable within one year | 42/48 | €6,050 | €12,842 | +€6,791 | +112% |
| Trade debts | 44 | €2,768 | €4,070 | +€1,302 | +47.1% |
| Suppliers | 440/4 | €2,768 | €4,070 | +€1,302 | +47.1% |
| Taxes, remuneration and social security | 45 | €3,066 | €8,771 | +€5,705 | +186% |
| Taxes | 450/3 | €925 | €1,897 | +€972 | +105% |
| Remuneration and social security | 454/9 | €2,141 | €6,874 | +€4,733 | +221% |
| Other amounts payable | 47/48 | €216 | - | -€216 | |
| Remuneration, social security and pensions | 62 | €36,564 | €42,019 | +€5,454 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,145 | €7,589 | -€1,556 | -17.0% |
| Other operating charges | 640/8 | €1,542 | €13,862 | +€12,320 | +799% |
| Gross operating margin | 9900 | €49,385 | €64,319 | +€14,934 | +30.2% |
| Operating profit (loss) | 9901 | €2,134 | €850 | -€1,284 | -60.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.4% |
| Financial charges | 65/66B | €156 | €168 | +€12 | +7.8% |
| Recurring financial charges | 65 | €156 | €168 | +€12 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €1,979 | €682 | -€1,297 | -65.6% |
| Income taxes | 67/77 | €90 | €214 | +€124 | +138% |
| Profit (loss) for the period | 9904 | €1,889 | €468 | -€1,421 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,889 | €468 | -€1,421 | -75.2% |
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 26 October 2026 via checked.be.