De Limburgse: 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.
De Limburgse
Largest movements
- Receivables within one year -€84,675
down €84,675 (-95.3%), from €88,811 to €4,136
of which Trade receivables: -€75,317
- Deferred charges and accrued income -€4,400
down €4,400 (-37.9%), from €11,615 to €7,214
- Tangible fixed assets +€2,109
up €2,109 (+142%), from €1,487 to €3,596
of which Furniture and vehicles: +€2,418
- Profit (loss) carried forward -€56,738
down €56,738 (-52.6%), from -€107,773 to -€164,511
- Other debts -€21,771
down €21,771 (-36.5%), from €59,581 to €37,810
- Tax, wage and social debts -€12,166
down €12,166 (-30.9%), from €39,389 to €27,223
of which Remuneration and social security: -€12,958
- Short-term financial debts +€10,115
up €10,115, from €0 to €10,115
- Trade debts +€9,441
up €9,441 (+539%), from €1,753 to €11,194
- Staff costs -€38,890
down €38,890 (-35.6%), from €109,295 to €70,405
- Gross operating margin -€36,263
down €36,263 (-62.0%), from €58,464 to €22,201
- Taxes -€5,448
down €5,448, from €142 to -€5,306
- Financial charges +€3,607
up €3,607 (+63.4%), from €5,688 to €9,294
of which Financial charges: +€3,572
- Other operating charges +€2,868
up €2,868 (+270%), from €1,062 to €3,930
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,097 | €16,043 | -€87,054 | -84.4% |
| Fixed assets | 21/28 | €2,567 | €4,675 | +€2,109 | +82.2% |
| Tangible fixed assets | 22/27 | €1,487 | €3,596 | +€2,109 | +142% |
| Furniture and vehicles | 24 | €559 | €2,977 | +€2,418 | +432% |
| Other tangible fixed assets | 26 | €928 | €619 | -€309 | -33.3% |
| Financial fixed assets | 28 | €1,079 | €1,079 | = | 0.0% |
| Current assets | 29/58 | €100,530 | €11,367 | -€89,163 | -88.7% |
| Amounts receivable within one year | 40/41 | €88,811 | €4,136 | -€84,675 | -95.3% |
| Trade receivables | 40 | €79,453 | €4,136 | -€75,317 | -94.8% |
| Other amounts receivable | 41 | €9,358 | €0 | -€9,358 | -100% |
| Cash at bank and in hand | 54/58 | €105 | €17 | -€88 | -83.7% |
| Deferred charges and accrued income | 490/1 | €11,615 | €7,214 | -€4,400 | -37.9% |
| Total equity and liabilities | 10/49 | €103,097 | €16,043 | -€87,054 | -84.4% |
| Equity | 10/15 | -€38,573 | -€95,311 | -€56,738 | -147% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,200 | €7,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,773 | -€164,511 | -€56,738 | -52.6% |
| Amounts payable | 17/49 | €141,670 | €111,354 | -€30,316 | -21.4% |
| Amounts payable after more than one year | 17 | €25,012 | €16,325 | -€8,687 | -34.7% |
| Financial debts | 170/4 | €25,012 | €16,325 | -€8,687 | -34.7% |
| Amounts payable within one year | 42/48 | €114,535 | €95,029 | -€19,506 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €13,812 | €8,687 | -€5,125 | -37.1% |
| Financial debts | 43 | €0 | €10,115 | +€10,115 | |
| Credit institutions | 430/8 | €0 | €10,115 | +€10,115 | |
| Trade debts | 44 | €1,753 | €11,194 | +€9,441 | +539% |
| Suppliers | 440/4 | €1,753 | €11,194 | +€9,441 | +539% |
| Taxes, remuneration and social security | 45 | €39,389 | €27,223 | -€12,166 | -30.9% |
| Taxes | 450/3 | €6,610 | €7,402 | +€792 | +12.0% |
| Remuneration and social security | 454/9 | €32,780 | €19,821 | -€12,958 | -39.5% |
| Other amounts payable | 47/48 | €59,581 | €37,810 | -€21,771 | -36.5% |
| Accrued charges and deferred income | 492/3 | €2,123 | €0 | -€2,123 | -100% |
| Non-recurring operating income | 76A | €58 | €1,927 | +€1,869 | +3,231% |
| Remuneration, social security and pensions | 62 | €109,295 | €70,405 | -€38,890 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €619 | +€124 | +25.0% |
| Other operating charges | 640/8 | €1,062 | €3,930 | +€2,868 | +270% |
| Non-recurring operating charges | 66A | €410 | €0 | -€410 | -100% |
| Gross operating margin | 9900 | €58,464 | €22,201 | -€36,263 | -62.0% |
| Operating profit (loss) | 9901 | -€52,798 | -€52,753 | +€46 | +0.1% |
| Financial income | 75/76B | €101 | €3 | -€99 | -97.5% |
| Recurring financial income | 75 | €101 | €3 | -€99 | -97.5% |
| Financial charges | 65/66B | €5,688 | €9,294 | +€3,607 | +63.4% |
| Recurring financial charges | 65 | €5,688 | €9,260 | +€3,572 | +62.8% |
| Non-recurring financial charges | 66B | - | €34 | +€34 | |
| Profit (loss) for the period before taxes | 9903 | -€58,385 | -€62,044 | -€3,660 | -6.3% |
| Income taxes | 67/77 | €142 | -€5,306 | -€5,448 | |
| Profit (loss) for the period | 9904 | -€58,526 | -€56,738 | +€1,788 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,526 | -€56,738 | +€1,788 | +3.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.