LIMA: 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.
LIMA
Largest movements
- Cash -€28,290
down €28,290 (-34.3%), from €82,404 to €54,114
mainly Investment in fixed assets (net) (-€34,091) and Stocks and contracts (-€24,459)
- Stocks and contracts +€24,459
up €24,459 (+115.6%), from €21,155 to €45,614
- Tangible fixed assets +€16,051
up €16,051 (+43.3%), from €37,033 to €53,084
of which Other tangible fixed assets: +€25,315
- Receivables within one year +€11,719
up €11,719 (+38.0%), from €30,831 to €42,550
of which Other amounts receivable: +€10,683
- Other debts +€20,075
up €20,075 (+204.1%), from €9,835 to €29,910
- Debts after one year +€14,171
up €14,171 (+272.2%), from €5,205 to €19,376
- Profit (loss) carried forward -€10,530
down €10,530 (-36.1%), from €29,174 to €18,644
- Current portion of long-term debt +€10,168
up €10,168 (+44.9%), from €22,636 to €32,804
- Tax, wage and social debts -€4,582
down €4,582 (-13.6%), from €33,728 to €29,145
of which Remuneration and social security: -€5,248
- Gross operating margin +€56,971
up €56,971 (+15.6%), from €364,949 to €421,920
- Staff costs +€30,615
up €30,615 (+8.5%), from €362,026 to €392,641
- Taxes +€4,373
up €4,373, from -€148 to €4,225
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 | €180,163 | €205,031 | +€24,867 | +13.8% |
| Fixed assets | 21/28 | €37,033 | €53,534 | +€16,501 | +44.6% |
| Tangible fixed assets | 22/27 | €37,033 | €53,084 | +€16,051 | +43.3% |
| Plant, machinery and equipment | 23 | €13,038 | €8,526 | -€4,512 | -34.6% |
| Furniture and vehicles | 24 | €6,208 | €1,455 | -€4,752 | -76.6% |
| Other tangible fixed assets | 26 | €17,787 | €43,102 | +€25,315 | +142.3% |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €143,130 | €151,497 | +€8,367 | +5.8% |
| Stocks and contracts in progress | 3 | €21,155 | €45,614 | +€24,459 | +115.6% |
| Stocks | 30/36 | €21,155 | €45,614 | +€24,459 | +115.6% |
| Amounts receivable within one year | 40/41 | €30,831 | €42,550 | +€11,719 | +38.0% |
| Trade receivables | 40 | - | €1,036 | +€1,036 | |
| Other amounts receivable | 41 | €30,831 | €41,514 | +€10,683 | +34.6% |
| Cash at bank and in hand | 54/58 | €82,404 | €54,114 | -€28,290 | -34.3% |
| Deferred charges and accrued income | 490/1 | €8,740 | €9,218 | +€479 | +5.5% |
| Total equity and liabilities | 10/49 | €180,163 | €205,031 | +€24,867 | +13.8% |
| Equity | 10/15 | €89,174 | €78,644 | -€10,530 | -11.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,174 | €18,644 | -€10,530 | -36.1% |
| Amounts payable | 17/49 | €90,990 | €126,387 | +€35,397 | +38.9% |
| Amounts payable after more than one year | 17 | €5,205 | €19,376 | +€14,171 | +272.2% |
| Financial debts | 170/4 | €5,205 | €19,376 | +€14,171 | +272.2% |
| Amounts payable within one year | 42/48 | €85,784 | €107,011 | +€21,227 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €22,636 | €32,804 | +€10,168 | +44.9% |
| Trade debts | 44 | €19,586 | €15,152 | -€4,434 | -22.6% |
| Suppliers | 440/4 | €19,586 | €15,152 | -€4,434 | -22.6% |
| Taxes, remuneration and social security | 45 | €33,728 | €29,145 | -€4,582 | -13.6% |
| Taxes | 450/3 | €5,002 | €5,667 | +€665 | +13.3% |
| Remuneration and social security | 454/9 | €28,726 | €23,478 | -€5,248 | -18.3% |
| Other amounts payable | 47/48 | €9,835 | €29,910 | +€20,075 | +204.1% |
| Remuneration, social security and pensions | 62 | €362,026 | €392,641 | +€30,615 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,705 | €17,590 | -€4,115 | -19.0% |
| Other operating charges | 640/8 | €6,819 | €7,560 | +€741 | +10.9% |
| Non-recurring operating charges | 66A | - | €2,673 | +€2,673 | |
| Gross operating margin | 9900 | €364,949 | €421,920 | +€56,971 | +15.6% |
| Operating profit (loss) | 9901 | -€25,601 | €1,456 | +€27,057 | |
| Financial income | 75/76B | €3 | €12 | +€9 | +303.7% |
| Recurring financial income | 75 | €3 | €12 | +€9 | +303.7% |
| Financial charges | 65/66B | €6,311 | €7,773 | +€1,461 | +23.2% |
| Recurring financial charges | 65 | €6,311 | €7,773 | +€1,461 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,910 | -€6,305 | +€25,605 | +80.2% |
| Income taxes | 67/77 | -€148 | €4,225 | +€4,373 | |
| Profit (loss) for the period | 9904 | -€31,762 | -€10,530 | +€21,232 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,762 | -€10,530 | +€21,232 | +66.8% |
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 9 October 2026 via checked.be.