LIMAGE Th. SERVICES: 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.
LIMAGE Th. SERVICES
Largest movements
- Cash +€117,045
up €117,045 (+72.1%), from €162,313 to €279,358
mainly Net result for the year (+€160,697) and Other debts (+€139,837)
- Current investments -€74,914
down €74,914 (-9.5%), from €790,098 to €715,184
- Tangible fixed assets -€26,162
down €26,162 (-33.7%), from €77,666 to €51,504
of which Other tangible fixed assets: -€22,642
- Receivables within one year +€21,636
up €21,636 (+658%), from €3,289 to €24,925
of which Trade receivables: +€21,774
- Other debts +€139,837
up €139,837 (+140%), from €100,163 to €240,000
- Reserves -€80,000
down €80,000 (-14.7%), from €542,660 to €462,660
- Debts after one year -€35,810
down €35,810 (-62.2%), from €57,604 to €21,794
- Gross operating margin +€76,668
up €76,668 (+44.9%), from €170,674 to €247,342
- Financial income -€35,280
down €35,280 (-55.6%), from €63,397 to €28,118
- Taxes +€11,642
up €11,642 (+17.4%), from €66,962 to €78,604
- Financial charges +€11,642
up €11,642, from -€7,760 to €3,882
- Depreciation +€3,345
up €3,345 (+12.3%), from €27,087 to €30,432
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.
Derived cash bridge
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 | €1,033,366 | €1,070,971 | +€37,605 | +3.6% |
| Fixed assets | 21/28 | €77,666 | €51,504 | -€26,162 | -33.7% |
| Tangible fixed assets | 22/27 | €77,666 | €51,504 | -€26,162 | -33.7% |
| Plant, machinery and equipment | 23 | €15,922 | €11,842 | -€4,080 | -25.6% |
| Furniture and vehicles | 24 | €3,029 | €3,589 | +€560 | +18.5% |
| Other tangible fixed assets | 26 | €58,715 | €36,073 | -€22,642 | -38.6% |
| Current assets | 29/58 | €955,700 | €1,019,467 | +€63,767 | +6.7% |
| Amounts receivable within one year | 40/41 | €3,289 | €24,925 | +€21,636 | +658% |
| Trade receivables | 40 | €2,920 | €24,694 | +€21,774 | +746% |
| Other amounts receivable | 41 | €369 | €231 | -€138 | -37.5% |
| Current investments | 50/53 | €790,098 | €715,184 | -€74,914 | -9.5% |
| Cash at bank and in hand | 54/58 | €162,313 | €279,358 | +€117,045 | +72.1% |
| Total equity and liabilities | 10/49 | €1,033,366 | €1,070,971 | +€37,605 | +3.6% |
| Equity | 10/15 | €837,112 | €757,809 | -€79,303 | -9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €542,660 | €462,660 | -€80,000 | -14.7% |
| Distributable reserves | 133 | €542,660 | €462,660 | -€80,000 | -14.7% |
| Profit (loss) carried forward | 14 | €288,252 | €288,949 | +€697 | +0.2% |
| Amounts payable | 17/49 | €196,254 | €313,162 | +€116,908 | +59.6% |
| Amounts payable after more than one year | 17 | €57,604 | €21,794 | -€35,810 | -62.2% |
| Financial debts | 170/4 | €57,604 | €21,794 | -€35,810 | -62.2% |
| Amounts payable within one year | 42/48 | €138,650 | €291,367 | +€152,718 | +110% |
| Current portion of amounts payable after more than one year | 42 | €34,186 | €33,898 | -€288 | -0.8% |
| Trade debts | 44 | €3,577 | €12,991 | +€9,413 | +263% |
| Suppliers | 440/4 | €3,577 | €12,991 | +€9,413 | +263% |
| Taxes, remuneration and social security | 45 | €724 | €4,479 | +€3,755 | +519% |
| Taxes | 450/3 | €724 | €4,479 | +€3,755 | +519% |
| Other amounts payable | 47/48 | €100,163 | €240,000 | +€139,837 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,087 | €30,432 | +€3,345 | +12.3% |
| Other operating charges | 640/8 | €1,841 | €1,844 | +€3 | +0.2% |
| Gross operating margin | 9900 | €170,674 | €247,342 | +€76,668 | +44.9% |
| Operating profit (loss) | 9901 | €141,746 | €215,066 | +€73,320 | +51.7% |
| Financial income | 75/76B | €63,397 | €28,118 | -€35,280 | -55.6% |
| Recurring financial income | 75 | €63,397 | €28,118 | -€35,280 | -55.6% |
| Financial charges | 65/66B | -€7,760 | €3,882 | +€11,642 | |
| Recurring financial charges | 65 | -€7,760 | €3,882 | +€11,642 | |
| Profit (loss) for the period before taxes | 9903 | €212,903 | €239,301 | +€26,398 | +12.4% |
| Income taxes | 67/77 | €66,962 | €78,604 | +€11,642 | +17.4% |
| Profit (loss) for the period | 9904 | €145,941 | €160,697 | +€14,756 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,941 | €160,697 | +€14,756 | +10.1% |
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 13 October 2026 via checked.be.