DR. LIMMIE LIU: 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.
DR. LIMMIE LIU
Largest movements
- Cash -€1,133
down €1,133 (-7.2%), from €15,829 to €14,696
mainly Tax, wage and social debts (-€3,431) and Accrued charges and deferred income (-€1,089)
- Reserves +€3,544
up €3,544 (+35.1%), from €10,087 to €13,631
- Tax, wage and social debts -€3,431
down €3,431 (-86.3%), from €3,976 to €546
- Accrued charges and deferred income -€1,089
down €1,089 (-100%), from €1,089 to €0
- Gross operating margin +€7,745
up €7,745, from -€3,247 to €4,498
- Taxes +€546
new in 2025: €546
- Other operating charges +€400
up €400 (+645%), from €62 to €462
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 | €18,653 | €17,677 | -€976 | -5.2% |
| Current assets | 29/58 | €18,653 | €17,677 | -€976 | -5.2% |
| Amounts receivable within one year | 40/41 | €2,824 | €2,981 | +€157 | +5.6% |
| Other amounts receivable | 41 | €2,824 | €2,981 | +€157 | +5.6% |
| Cash at bank and in hand | 54/58 | €15,829 | €14,696 | -€1,133 | -7.2% |
| Total equity and liabilities | 10/49 | €18,653 | €17,677 | -€976 | -5.2% |
| Equity | 10/15 | €13,587 | €17,131 | +€3,544 | +26.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €10,087 | €13,631 | +€3,544 | +35.1% |
| Distributable reserves | 133 | €10,087 | €13,631 | +€3,544 | +35.1% |
| Amounts payable | 17/49 | €5,065 | €546 | -€4,520 | -89.2% |
| Amounts payable within one year | 42/48 | €3,976 | €546 | -€3,431 | -86.3% |
| Taxes, remuneration and social security | 45 | €3,976 | €546 | -€3,431 | -86.3% |
| Taxes | 450/3 | €3,976 | €546 | -€3,431 | -86.3% |
| Accrued charges and deferred income | 492/3 | €1,089 | €0 | -€1,089 | -100% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +645% |
| Gross operating margin | 9900 | -€3,247 | €4,498 | +€7,745 | |
| Operating profit (loss) | 9901 | -€3,309 | €4,036 | +€7,345 | |
| Financial income | 75/76B | €196 | €157 | -€39 | -19.7% |
| Recurring financial income | 75 | €196 | €157 | -€39 | -19.7% |
| Financial charges | 65/66B | €110 | €104 | -€5 | -4.9% |
| Recurring financial charges | 65 | €110 | €104 | -€5 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,223 | €4,089 | +€7,312 | |
| Income taxes | 67/77 | - | €546 | +€546 | |
| Profit (loss) for the period | 9904 | -€3,223 | €3,544 | +€6,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,223 | €3,544 | +€6,766 |
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 20 October 2026 via checked.be.