LiMa: 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.
LiMa
Largest movements
- Financial fixed assets +€421,000
up €421,000 (+561.3%), from €75,000 to €496,000
- Receivables within one year +€53,553
up €53,553 (+159.6%), from €33,551 to €87,104
of which Trade receivables: +€57,553
- Tangible fixed assets +€21,385
up €21,385 (+50.8%), from €42,079 to €63,465
of which Plant, machinery and equipment: +€18,993
- Current investments +€15,000
new in 2025: €15,000
- Debts after one year +€496,000
new in 2025: €496,000
- Reserves +€24,661
up €24,661 (+8.4%), from €292,819 to €317,479
- Tax, wage and social debts -€15,326
down €15,326 (-23.8%), from €64,436 to €49,110
- Financial income +€34,613
new in 2025: €34,613
- Gross operating margin +€25,444
up €25,444 (+12.0%), from €212,032 to €237,476
- Taxes +€9,424
up €9,424 (+17.7%), from €53,174 to €62,599
- Depreciation +€5,283
up €5,283 (+81.6%), from €6,472 to €11,754
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 | €362,387 | €868,245 | +€505,858 | +139.6% |
| Fixed assets | 21/28 | €117,079 | €559,465 | +€442,385 | +377.9% |
| Tangible fixed assets | 22/27 | €42,079 | €63,465 | +€21,385 | +50.8% |
| Land and buildings | 22 | €22,874 | €20,279 | -€2,595 | -11.3% |
| Plant, machinery and equipment | 23 | €5,989 | €24,982 | +€18,993 | +317.1% |
| Furniture and vehicles | 24 | €13,217 | €18,204 | +€4,988 | +37.7% |
| Financial fixed assets | 28 | €75,000 | €496,000 | +€421,000 | +561.3% |
| Current assets | 29/58 | €245,307 | €308,780 | +€63,472 | +25.9% |
| Amounts receivable within one year | 40/41 | €33,551 | €87,104 | +€53,553 | +159.6% |
| Trade receivables | 40 | €19,551 | €77,104 | +€57,553 | +294.4% |
| Other amounts receivable | 41 | €14,000 | €10,000 | -€4,000 | -28.6% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €209,212 | €202,722 | -€6,490 | -3.1% |
| Deferred charges and accrued income | 490/1 | €2,544 | €3,954 | +€1,409 | +55.4% |
| Total equity and liabilities | 10/49 | €362,387 | €868,245 | +€505,858 | +139.6% |
| Equity | 10/15 | €294,819 | €319,479 | +€24,661 | +8.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €292,819 | €317,479 | +€24,661 | +8.4% |
| Distributable reserves | 133 | €292,819 | €317,479 | +€24,661 | +8.4% |
| Amounts payable | 17/49 | €67,568 | €548,765 | +€481,197 | +712.2% |
| Amounts payable after more than one year | 17 | - | €496,000 | +€496,000 | |
| Financial debts | 170/4 | - | €496,000 | +€496,000 | |
| Amounts payable within one year | 42/48 | €66,518 | €51,715 | -€14,803 | -22.3% |
| Taxes, remuneration and social security | 45 | €64,436 | €49,110 | -€15,326 | -23.8% |
| Taxes | 450/3 | €64,436 | €49,110 | -€15,326 | -23.8% |
| Other amounts payable | 47/48 | €2,081 | €2,605 | +€523 | +25.1% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,050 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,472 | €11,754 | +€5,283 | +81.6% |
| Other operating charges | 640/8 | €118 | €410 | +€292 | +247.8% |
| Non-recurring operating charges | 66A | - | €22,500 | +€22,500 | |
| Gross operating margin | 9900 | €212,032 | €237,476 | +€25,444 | +12.0% |
| Operating profit (loss) | 9901 | €205,442 | €202,811 | -€2,631 | -1.3% |
| Financial income | 75/76B | - | €34,613 | +€34,613 | |
| Recurring financial income | 75 | - | €34,613 | +€34,613 | |
| Financial charges | 65/66B | €228 | €166 | -€63 | -27.5% |
| Recurring financial charges | 65 | €228 | €166 | -€63 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €205,214 | €237,259 | +€32,045 | +15.6% |
| Income taxes | 67/77 | €53,174 | €62,599 | +€9,424 | +17.7% |
| Profit (loss) for the period | 9904 | €152,040 | €174,661 | +€22,621 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €152,040 | €174,661 | +€22,621 | +14.9% |
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.