GEORGES LIMOUSINE: 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.
GEORGES LIMOUSINE
Largest movements
- Receivables within one year +€13,733
up €13,733 (+92.0%), from €14,933 to €28,666
of which Trade receivables: +€10,691
- Tangible fixed assets +€6,224
up €6,224 (+165%), from €3,779 to €10,003
- Cash +€402
up €402 (+89.9%), from €447 to €848
mainly Net result for the year (+€13,632) and Trade debts (+€11,653)
- Profit (loss) carried forward +€13,632
up €13,632 (+401%), from €3,400 to €17,031
- Trade debts +€11,653
up €11,653 (+307%), from €3,795 to €15,447
- Current portion of long-term debt -€4,673
no longer reported in 2025 (was €4,673)
- Gross operating margin +€8,364
up €8,364 (+66.0%), from €12,671 to €21,035
- Other operating charges -€1,120
down €1,120 (-47.7%), from €2,350 to €1,230
- Depreciation -€741
down €741 (-11.4%), from €6,500 to €5,759
- Staff costs +€326
new in 2025: €326
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 | €19,158 | €39,707 | +€20,549 | +107% |
| Fixed assets | 21/28 | €3,779 | €10,193 | +€6,414 | +170% |
| Tangible fixed assets | 22/27 | €3,779 | €10,003 | +€6,224 | +165% |
| Furniture and vehicles | 24 | €3,779 | €10,003 | +€6,224 | +165% |
| Financial fixed assets | 28 | - | €190 | +€190 | |
| Current assets | 29/58 | €15,379 | €29,514 | +€14,135 | +91.9% |
| Amounts receivable within one year | 40/41 | €14,933 | €28,666 | +€13,733 | +92.0% |
| Trade receivables | 40 | €11,751 | €22,442 | +€10,691 | +91.0% |
| Other amounts receivable | 41 | €3,182 | €6,224 | +€3,042 | +95.6% |
| Cash at bank and in hand | 54/58 | €447 | €848 | +€402 | +89.9% |
| Total equity and liabilities | 10/49 | €19,158 | €39,707 | +€20,549 | +107% |
| Equity | 10/15 | €9,600 | €23,231 | +€13,632 | +142% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,400 | €17,031 | +€13,632 | +401% |
| Amounts payable | 17/49 | €9,558 | €16,476 | +€6,917 | +72.4% |
| Amounts payable within one year | 42/48 | €9,558 | €16,476 | +€6,917 | +72.4% |
| Current portion of amounts payable after more than one year | 42 | €4,673 | - | -€4,673 | |
| Trade debts | 44 | €3,795 | €15,447 | +€11,653 | +307% |
| Suppliers | 440/4 | €3,795 | €15,447 | +€11,653 | +307% |
| Taxes, remuneration and social security | 45 | €1,091 | €1,029 | -€63 | -5.7% |
| Taxes | 450/3 | €1,091 | €743 | -€348 | -31.9% |
| Remuneration and social security | 454/9 | - | €286 | +€286 | |
| Remuneration, social security and pensions | 62 | - | €326 | +€326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,500 | €5,759 | -€741 | -11.4% |
| Other operating charges | 640/8 | €2,350 | €1,230 | -€1,120 | -47.7% |
| Gross operating margin | 9900 | €12,671 | €21,035 | +€8,364 | +66.0% |
| Operating profit (loss) | 9901 | €3,821 | €13,719 | +€9,899 | +259% |
| Financial income | 75/76B | €0 | €30 | +€30 | +9,341% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +9,341% |
| Financial charges | 65/66B | €256 | €75 | -€181 | -70.8% |
| Recurring financial charges | 65 | €256 | €75 | -€181 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €3,565 | €13,675 | +€10,110 | +284% |
| Income taxes | 67/77 | - | €43 | +€43 | |
| Profit (loss) for the period | 9904 | €3,565 | €13,632 | +€10,067 | +282% |
| Profit (loss) for the period to be appropriated | 9905 | €3,565 | €13,632 | +€10,067 | +282% |
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.