LIMAGE: 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.
LIMAGE
Largest movements
- Receivables within one year +€28,076
up €28,076 (+101.4%), from €27,692 to €55,768
of which Other amounts receivable: +€44,612
- Cash +€18,522
up €18,522 (+10.4%), from €178,174 to €196,696
mainly Net result for the year (+€53,683) and Depreciation (+€6,919)
- Deferred charges and accrued income +€14,858
up €14,858 (+829.9%), from €1,790 to €16,648
- Tangible fixed assets -€5,530
down €5,530 (-26.3%), from €21,006 to €15,477
of which Furniture and vehicles: -€4,670
- Reserves +€53,683
up €53,683 (+18.0%), from €298,103 to €351,786
of which Distributable reserves: +€53,683
- Gross operating margin -€6,288
down €6,288 (-7.1%), from €87,989 to €81,701
- Financial income +€1,968
up €1,968 (+152.6%), from €1,289 to €3,258
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 | €318,663 | €374,589 | +€55,926 | +17.6% |
| Fixed assets | 21/28 | €21,006 | €15,477 | -€5,530 | -26.3% |
| Tangible fixed assets | 22/27 | €21,006 | €15,477 | -€5,530 | -26.3% |
| Plant, machinery and equipment | 23 | €3,566 | €2,706 | -€860 | -24.1% |
| Furniture and vehicles | 24 | €17,440 | €12,770 | -€4,670 | -26.8% |
| Current assets | 29/58 | €297,656 | €359,112 | +€61,456 | +20.6% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,692 | €55,768 | +€28,076 | +101.4% |
| Trade receivables | 40 | €17,131 | €595 | -€16,536 | -96.5% |
| Other amounts receivable | 41 | €10,561 | €55,173 | +€44,612 | +422.4% |
| Cash at bank and in hand | 54/58 | €178,174 | €196,696 | +€18,522 | +10.4% |
| Deferred charges and accrued income | 490/1 | €1,790 | €16,648 | +€14,858 | +829.9% |
| Total equity and liabilities | 10/49 | €318,663 | €374,589 | +€55,926 | +17.6% |
| Equity | 10/15 | €310,503 | €364,186 | +€53,683 | +17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €298,103 | €351,786 | +€53,683 | +18.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €298,103 | €351,786 | +€53,683 | +18.0% |
| Amounts payable | 17/49 | €8,160 | €10,403 | +€2,243 | +27.5% |
| Amounts payable within one year | 42/48 | €8,160 | €10,403 | +€2,243 | +27.5% |
| Trade debts | 44 | €660 | €2,903 | +€2,243 | +339.8% |
| Suppliers | 440/4 | €660 | €2,903 | +€2,243 | +339.8% |
| Taxes, remuneration and social security | 45 | €7,500 | €7,500 | = | 0.0% |
| Taxes | 450/3 | €7,500 | €7,500 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,555 | €6,919 | +€364 | +5.5% |
| Other operating charges | 640/8 | €1,092 | €1,297 | +€205 | +18.8% |
| Gross operating margin | 9900 | €87,989 | €81,701 | -€6,288 | -7.1% |
| Operating profit (loss) | 9901 | €80,342 | €73,486 | -€6,857 | -8.5% |
| Financial income | 75/76B | €1,289 | €3,258 | +€1,968 | +152.6% |
| Recurring financial income | 75 | €1,289 | €3,258 | +€1,968 | +152.6% |
| Financial charges | 65/66B | €69 | €138 | +€69 | +99.5% |
| Recurring financial charges | 65 | €69 | €138 | +€69 | +99.5% |
| Profit (loss) for the period before taxes | 9903 | €81,563 | €76,606 | -€4,957 | -6.1% |
| Income taxes | 67/77 | €23,776 | €22,922 | -€854 | -3.6% |
| Profit (loss) for the period | 9904 | €57,787 | €53,683 | -€4,103 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,787 | €53,683 | -€4,103 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.