LIMAFISH: 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.
LIMAFISH
Largest movements
- Cash -€42,546
down €42,546 (-32.7%), from €130,097 to €87,550
mainly Other debts (-€83,604) and Investment in fixed assets (net) (-€60,161)
- Tangible fixed assets +€34,309
up €34,309 (+63.1%), from €54,350 to €88,659
of which Furniture and vehicles: +€41,463
- Receivables after one year -€26,976
down €26,976 (-32.3%), from €83,414 to €56,438
- Receivables within one year +€21,421
up €21,421 (+30.6%), from €69,940 to €91,361
of which Other amounts receivable: +€24,191
- Intangible fixed assets -€7,000
down €7,000 (-80.8%), from €8,668 to €1,668
- Other debts -€83,604
down €83,604 (-52.4%), from €159,527 to €75,923
- Trade debts +€68,915
up €68,915 (+182.5%), from €37,756 to €106,671
- Current portion of long-term debt -€4,667
down €4,667 (-58.3%), from €8,000 to €3,333
- Reserves +€3,685
up €3,685 (+3.1%), from €118,285 to €121,970
- Staff costs -€11,074
down €11,074 (-94.8%), from €11,687 to €612
- Depreciation +€11,051
up €11,051 (+50.7%), from €21,801 to €32,852
- Gross operating margin -€6,805
down €6,805 (-14.0%), from €48,536 to €41,732
- Taxes -€1,668
down €1,668 (-41.0%), from €4,066 to €2,397
- Other operating charges +€1,475
up €1,475 (+95.4%), from €1,547 to €3,023
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 | €354,945 | €335,445 | -€19,499 | -5.5% |
| Fixed assets | 21/28 | €63,018 | €90,327 | +€27,309 | +43.3% |
| Intangible fixed assets | 21 | €8,668 | €1,668 | -€7,000 | -80.8% |
| Tangible fixed assets | 22/27 | €54,350 | €88,659 | +€34,309 | +63.1% |
| Plant, machinery and equipment | 23 | €8,926 | €3,776 | -€5,150 | -57.7% |
| Furniture and vehicles | 24 | €27,392 | €68,855 | +€41,463 | +151.4% |
| Other tangible fixed assets | 26 | €18,031 | €16,028 | -€2,004 | -11.1% |
| Current assets | 29/58 | €291,927 | €245,118 | -€46,809 | -16.0% |
| Amounts receivable after more than one year | 29 | €83,414 | €56,438 | -€26,976 | -32.3% |
| Other amounts receivable | 291 | €83,414 | €56,438 | -€26,976 | -32.3% |
| Stocks and contracts in progress | 3 | €523 | €0 | -€523 | -100.0% |
| Stocks | 30/36 | €523 | €0 | -€523 | -100.0% |
| Amounts receivable within one year | 40/41 | €69,940 | €91,361 | +€21,421 | +30.6% |
| Trade receivables | 40 | €14,204 | €11,434 | -€2,770 | -19.5% |
| Other amounts receivable | 41 | €55,736 | €79,927 | +€24,191 | +43.4% |
| Cash at bank and in hand | 54/58 | €130,097 | €87,550 | -€42,546 | -32.7% |
| Deferred charges and accrued income | 490/1 | €7,954 | €9,769 | +€1,815 | +22.8% |
| Total equity and liabilities | 10/49 | €354,945 | €335,445 | -€19,499 | -5.5% |
| Equity | 10/15 | €138,285 | €141,970 | +€3,685 | +2.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €118,285 | €121,970 | +€3,685 | +3.1% |
| Distributable reserves | 133 | €118,285 | €121,970 | +€3,685 | +3.1% |
| Amounts payable | 17/49 | €216,660 | €193,476 | -€23,184 | -10.7% |
| Amounts payable after more than one year | 17 | €3,333 | €0 | -€3,333 | -100.0% |
| Financial debts | 170/4 | €3,333 | €0 | -€3,333 | -100.0% |
| Amounts payable within one year | 42/48 | €213,201 | €192,217 | -€20,984 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €3,333 | -€4,667 | -58.3% |
| Trade debts | 44 | €37,756 | €106,671 | +€68,915 | +182.5% |
| Suppliers | 440/4 | €37,756 | €106,671 | +€68,915 | +182.5% |
| Taxes, remuneration and social security | 45 | €7,919 | €6,290 | -€1,628 | -20.6% |
| Taxes | 450/3 | €7,919 | €5,923 | -€1,995 | -25.2% |
| Remuneration and social security | 454/9 | - | €367 | +€367 | |
| Other amounts payable | 47/48 | €159,527 | €75,923 | -€83,604 | -52.4% |
| Accrued charges and deferred income | 492/3 | €126 | €1,259 | +€1,133 | +898.8% |
| Remuneration, social security and pensions | 62 | €11,687 | €612 | -€11,074 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,801 | €32,852 | +€11,051 | +50.7% |
| Other operating charges | 640/8 | €1,547 | €3,023 | +€1,475 | +95.4% |
| Gross operating margin | 9900 | €48,536 | €41,732 | -€6,805 | -14.0% |
| Operating profit (loss) | 9901 | €13,501 | €5,245 | -€8,256 | -61.2% |
| Financial income | 75/76B | €3,193 | €2,739 | -€454 | -14.2% |
| Recurring financial income | 75 | €3,193 | €2,739 | -€454 | -14.2% |
| Financial charges | 65/66B | €1,817 | €1,901 | +€84 | +4.6% |
| Recurring financial charges | 65 | €1,817 | €1,901 | +€84 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €14,876 | €6,082 | -€8,794 | -59.1% |
| Income taxes | 67/77 | €4,066 | €2,397 | -€1,668 | -41.0% |
| Profit (loss) for the period | 9904 | €10,811 | €3,685 | -€7,126 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,811 | €3,685 | -€7,126 | -65.9% |
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 5 October 2026 via checked.be.