LA LIMITE: 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.
LA LIMITE
Largest movements
- Cash +€19,209
up €19,209 (+4.9%), from €395,066 to €414,275
mainly Net result for the year (+€33,881) and Depreciation (+€26,576)
- Tangible fixed assets -€17,823
down €17,823 (-3.1%), from €581,969 to €564,146
of which Land and buildings: -€18,205
- Profit (loss) carried forward +€36,555
up €36,555 (+15.3%), from €238,495 to €275,050
- Debts after one year -€17,970
down €17,970 (-5.3%), from €342,062 to €324,092
of which Financial debts: -€17,970
- Other debts -€14,862
down €14,862 (-13.4%), from €110,690 to €95,828
- Gross operating margin -€23,945
down €23,945 (-20.4%), from €117,097 to €93,152
- Financial charges +€6,018
up €6,018 (+25.6%), from €23,468 to €29,486
- Taxes +€2,695
up €2,695 (+157.1%), from €1,715 to €4,410
- Financial income +€2,375
up €2,375 (+183.1%), from €1,297 to €3,671
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 | €1,018,404 | €1,016,557 | -€1,847 | -0.2% |
| Fixed assets | 21/28 | €589,969 | €572,146 | -€17,823 | -3.0% |
| Tangible fixed assets | 22/27 | €581,969 | €564,146 | -€17,823 | -3.1% |
| Land and buildings | 22 | €549,137 | €530,933 | -€18,205 | -3.3% |
| Plant, machinery and equipment | 23 | €29,788 | €31,695 | +€1,907 | +6.4% |
| Furniture and vehicles | 24 | €3,044 | €1,519 | -€1,525 | -50.1% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €428,435 | €444,411 | +€15,976 | +3.7% |
| Amounts receivable within one year | 40/41 | €33,368 | €28,028 | -€5,340 | -16.0% |
| Trade receivables | 40 | €7,605 | - | -€7,605 | |
| Other amounts receivable | 41 | €25,763 | €28,028 | +€2,265 | +8.8% |
| Cash at bank and in hand | 54/58 | €395,066 | €414,275 | +€19,209 | +4.9% |
| Deferred charges and accrued income | 490/1 | - | €2,108 | +€2,108 | |
| Total equity and liabilities | 10/49 | €1,018,404 | €1,016,557 | -€1,847 | -0.2% |
| Equity | 10/15 | €423,541 | €455,422 | +€31,881 | +7.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166,454 | €161,780 | -€4,674 | -2.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €164,594 | €159,921 | -€4,674 | -2.8% |
| Profit (loss) carried forward | 14 | €238,495 | €275,050 | +€36,555 | +15.3% |
| Provisions and deferred taxes | 16 | €119,251 | €115,385 | -€3,866 | -3.2% |
| Provisions for liabilities and charges | 160/5 | €75,628 | €73,320 | -€2,308 | -3.1% |
| Environmental obligations | 163 | €75,628 | €73,320 | -€2,308 | -3.1% |
| Deferred taxes | 168 | €43,623 | €42,065 | -€1,558 | -3.6% |
| Amounts payable | 17/49 | €475,611 | €445,750 | -€29,861 | -6.3% |
| Amounts payable after more than one year | 17 | €342,062 | €324,092 | -€17,970 | -5.3% |
| Financial debts | 170/4 | €339,952 | €321,982 | -€17,970 | -5.3% |
| Other amounts payable | 178/9 | €2,110 | €2,110 | = | 0.0% |
| Amounts payable within one year | 42/48 | €132,009 | €119,317 | -€12,692 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €17,597 | €17,970 | +€373 | +2.1% |
| Trade debts | 44 | €1,151 | €667 | -€484 | -42.1% |
| Suppliers | 440/4 | €1,151 | €667 | -€484 | -42.1% |
| Taxes, remuneration and social security | 45 | €2,570 | €4,852 | +€2,282 | +88.8% |
| Taxes | 450/3 | €2,570 | €4,852 | +€2,282 | +88.8% |
| Other amounts payable | 47/48 | €110,690 | €95,828 | -€14,862 | -13.4% |
| Accrued charges and deferred income | 492/3 | €1,541 | €2,341 | +€800 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,431 | €26,576 | +€1,145 | +4.5% |
| Other operating charges | 640/8 | €4,058 | €4,028 | -€30 | -0.7% |
| Gross operating margin | 9900 | €117,097 | €93,152 | -€23,945 | -20.4% |
| Operating profit (loss) | 9901 | €87,607 | €62,548 | -€25,059 | -28.6% |
| Financial income | 75/76B | €1,297 | €3,671 | +€2,375 | +183.1% |
| Recurring financial income | 75 | €1,297 | €3,671 | +€2,375 | +183.1% |
| Financial charges | 65/66B | €23,468 | €29,486 | +€6,018 | +25.6% |
| Recurring financial charges | 65 | €23,468 | €29,486 | +€6,018 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €65,436 | €36,733 | -€28,703 | -43.9% |
| Transfer from deferred taxes | 780 | €1,558 | €1,558 | = | 0.0% |
| Income taxes | 67/77 | €1,715 | €4,410 | +€2,695 | +157.1% |
| Profit (loss) for the period | 9904 | €65,279 | €33,881 | -€31,398 | -48.1% |
| Transfer from tax-exempt reserves | 789 | €4,674 | €4,674 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,953 | €38,555 | -€31,398 | -44.9% |
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 11 October 2026 via checked.be.