L.I.M.: 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.
L.I.M.
Largest movements
- Cash -€39,691
down €39,691 (-25.7%), from €154,616 to €114,925
mainly Trade debts (-€39,892) and Other debts (-€20,766)
- Receivables within one year -€10,737
down €10,737 (-1.9%), from €557,371 to €546,634
of which Trade receivables: -€38,667
- Trade debts -€39,892
down €39,892 (-97.4%), from €40,959 to €1,068
- Other debts -€20,766
down €20,766 (-1.8%), from €1.2m to €1.1m
- Gross operating margin +€3,370
up €3,370 (+50.9%), from -€6,618 to -€3,248
- Financial income -€883
down €883 (-4.6%), from €19,356 to €18,473
- Taxes +€745
up €745, from -€612 to €133
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 | €1,063,054 | €1,012,626 | -€50,428 | -4.7% |
| Current assets | 29/58 | €1,063,054 | €1,012,626 | -€50,428 | -4.7% |
| Stocks and contracts in progress | 3 | €351,068 | €351,068 | = | 0.0% |
| Stocks | 30/36 | €351,068 | €351,068 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €557,371 | €546,634 | -€10,737 | -1.9% |
| Trade receivables | 40 | €44,810 | €6,142 | -€38,667 | -86.3% |
| Other amounts receivable | 41 | €512,561 | €540,491 | +€27,930 | +5.4% |
| Cash at bank and in hand | 54/58 | €154,616 | €114,925 | -€39,691 | -25.7% |
| Total equity and liabilities | 10/49 | €1,063,054 | €1,012,626 | -€50,428 | -4.7% |
| Equity | 10/15 | -€170,651 | -€160,554 | +€10,097 | +5.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €341,946 | €341,946 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,768 | €25,768 | = | 0.0% |
| Legal reserve | 130 | €7,641 | €7,641 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,128 | €18,128 | = | 0.0% |
| Distributable reserves | 133 | €316,178 | €316,178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€574,098 | -€564,000 | +€10,097 | +1.8% |
| Amounts payable | 17/49 | €1,233,706 | €1,173,180 | -€60,525 | -4.9% |
| Amounts payable within one year | 42/48 | €1,233,706 | €1,173,180 | -€60,525 | -4.9% |
| Trade debts | 44 | €40,959 | €1,068 | -€39,892 | -97.4% |
| Suppliers | 440/4 | €40,959 | €1,068 | -€39,892 | -97.4% |
| Taxes, remuneration and social security | 45 | €27,741 | €27,874 | +€133 | +0.5% |
| Taxes | 450/3 | €27,741 | €27,874 | +€133 | +0.5% |
| Other amounts payable | 47/48 | €1,165,005 | €1,144,239 | -€20,766 | -1.8% |
| Other operating charges | 640/8 | €4,653 | €4,597 | -€56 | -1.2% |
| Non-recurring operating charges | 66A | €30,154 | €0 | -€30,154 | -100% |
| Gross operating margin | 9900 | -€6,618 | -€3,248 | +€3,370 | +50.9% |
| Operating profit (loss) | 9901 | -€41,425 | -€7,845 | +€33,580 | +81.1% |
| Financial income | 75/76B | €19,356 | €18,473 | -€883 | -4.6% |
| Recurring financial income | 75 | €19,356 | €18,473 | -€883 | -4.6% |
| Financial charges | 65/66B | €406 | €399 | -€6 | -1.6% |
| Recurring financial charges | 65 | €406 | €399 | -€6 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,474 | €10,230 | +€32,704 | |
| Income taxes | 67/77 | -€612 | €133 | +€745 | |
| Profit (loss) for the period | 9904 | -€21,863 | €10,097 | +€31,960 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,863 | €10,097 | +€31,960 |
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 24 October 2026 via checked.be.