L.L. Narimo: what changed
Two fiscal 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.L. Narimo
Largest movements
- Cash -€9,647
down €9,647 (-19.4%), from €49,709 to €40,062
mainly Net result for the year (-€15,037) and Investment in fixed assets (net) (-€5,660)
- Tangible fixed assets -€9,400
down €9,400 (-8.6%), from €109,287 to €99,887
of which Land and buildings: -€9,082
- Profit (loss) carried forward -€15,037
down €15,037 (-13.7%), from -€109,996 to -€125,034
- Debts after one year -€4,041
down €4,041 (-24.9%), from €16,242 to €12,201
- Other operating charges +€4,371
up €4,371 (+6851.2%), from €64 to €4,435
- Gross operating margin -€3,306
down €3,306 (-38.6%), from €8,561 to €5,255
- Taxes -€3,267
no longer reported in 2025 (was €3,267)
- Purchases and services +€1,795
up €1,795 (+15.2%), from €11,829 to €13,624
- Turnover -€1,511
down €1,511 (-7.4%), from €20,390 to €18,879
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.
Cash bridge derived
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 | €158,996 | €139,949 | -€19,047 | -12.0% |
| Fixed assets | 21/28 | €109,287 | €99,887 | -€9,400 | -8.6% |
| Tangible fixed assets | 22/27 | €109,287 | €99,887 | -€9,400 | -8.6% |
| Land and buildings | 22 | €108,969 | €99,887 | -€9,082 | -8.3% |
| Furniture and vehicles | 24 | €318 | - | -€318 | |
| Current assets | 29/58 | €49,709 | €40,062 | -€9,647 | -19.4% |
| Cash at bank and in hand | 54/58 | €49,709 | €40,062 | -€9,647 | -19.4% |
| Total equity and liabilities | 10/49 | €158,996 | €139,949 | -€19,047 | -12.0% |
| Equity | 10/15 | €102,058 | €87,021 | -€15,037 | -14.7% |
| Contributions | 10/11 | €207,642 | €207,642 | = | 0.0% |
| Capital | 10 | €207,642 | €207,642 | = | 0.0% |
| Issued capital | 100 | €207,642 | €207,642 | = | 0.0% |
| Reserves | 13 | €4,413 | €4,413 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,413 | €4,413 | = | 0.0% |
| Legal reserve | 130 | €4,413 | €4,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,996 | -€125,034 | -€15,037 | -13.7% |
| Amounts payable | 17/49 | €56,937 | €52,927 | -€4,010 | -7.0% |
| Amounts payable after more than one year | 17 | €16,242 | €12,201 | -€4,041 | -24.9% |
| Financial debts | 170/4 | €16,242 | €12,201 | -€4,041 | -24.9% |
| Amounts payable within one year | 42/48 | €40,595 | €40,727 | +€131 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €3,910 | €4,041 | +€131 | +3.4% |
| Other amounts payable | 47/48 | €36,686 | €36,686 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Turnover | 70 | €20,390 | €18,879 | -€1,511 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,829 | €13,624 | +€1,795 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,928 | €15,060 | +€1,132 | +8.1% |
| Other operating charges | 640/8 | €64 | €4,435 | +€4,371 | +6851.2% |
| Gross operating margin | 9900 | €8,561 | €5,255 | -€3,306 | -38.6% |
| Operating profit (loss) | 9901 | -€5,431 | -€14,240 | -€8,809 | -162.2% |
| Financial charges | 65/66B | €903 | €798 | -€105 | -11.7% |
| Recurring financial charges | 65 | €903 | €798 | -€105 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,334 | -€15,037 | -€8,704 | -137.4% |
| Income taxes | 67/77 | €3,267 | - | -€3,267 | |
| Profit (loss) for the period | 9904 | -€9,601 | -€15,037 | -€5,436 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,601 | -€15,037 | -€5,436 | -56.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.