LIMANCO: 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.
LIMANCO
Largest movements
- Receivables within one year -€1.7m
down €1.7m (-76.4%), from €2.2m to €519,290
of which Other amounts receivable: -€1.6m
- Tangible fixed assets +€487,851
up €487,851 (+230.2%), from €211,970 to €699,821
of which Land and buildings: +€504,319
- Cash +€326,459
up €326,459 (+682.9%), from €47,801 to €374,260
mainly Receivables within one year (+€1.7m) and Depreciation (+€89,528)
- Other debts -€876,976
down €876,976 (-74.7%), from €1.2m to €296,739
- Financial income +€86,322
up €86,322 (+212.1%), from €40,696 to €127,018
- Gross operating margin -€70,764
down €70,764, from €69,235 to -€1,530
- Depreciation +€64,297
up €64,297 (+254.8%), from €25,232 to €89,528
- Taxes -€13,427
down €13,427 (-53.7%), from €25,012 to €11,585
- Other operating charges -€809
down €809 (-17.3%), from €4,670 to €3,861
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 | €2,565,085 | €1,695,310 | -€869,775 | -33.9% |
| Fixed assets | 21/28 | €312,720 | €800,571 | +€487,851 | +156.0% |
| Tangible fixed assets | 22/27 | €211,970 | €699,821 | +€487,851 | +230.2% |
| Land and buildings | 22 | €179,110 | €683,429 | +€504,319 | +281.6% |
| Plant, machinery and equipment | 23 | - | €1,400 | +€1,400 | |
| Furniture and vehicles | 24 | €32,860 | €14,992 | -€17,868 | -54.4% |
| Financial fixed assets | 28 | €100,750 | €100,750 | = | 0.0% |
| Current assets | 29/58 | €2,252,365 | €894,739 | -€1.4m | -60.3% |
| Amounts receivable within one year | 40/41 | €2,204,255 | €519,290 | -€1.7m | -76.4% |
| Trade receivables | 40 | €87,000 | €535 | -€86,465 | -99.4% |
| Other amounts receivable | 41 | €2,117,255 | €518,755 | -€1.6m | -75.5% |
| Cash at bank and in hand | 54/58 | €47,801 | €374,260 | +€326,459 | +682.9% |
| Deferred charges and accrued income | 490/1 | €308 | €1,189 | +€880 | +285.5% |
| Total equity and liabilities | 10/49 | €2,565,085 | €1,695,310 | -€869,775 | -33.9% |
| Equity | 10/15 | €1,357,547 | €1,377,679 | +€20,132 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,337,547 | €1,357,679 | +€20,132 | +1.5% |
| Distributable reserves | 133 | €1,337,547 | €1,357,679 | +€20,132 | +1.5% |
| Amounts payable | 17/49 | €1,207,538 | €317,632 | -€889,907 | -73.7% |
| Amounts payable within one year | 42/48 | €1,207,538 | €317,632 | -€889,907 | -73.7% |
| Trade debts | 44 | €3,985 | €760 | -€3,225 | -80.9% |
| Suppliers | 440/4 | €3,985 | €760 | -€3,225 | -80.9% |
| Taxes, remuneration and social security | 45 | €29,839 | €20,133 | -€9,705 | -32.5% |
| Taxes | 450/3 | €29,839 | €20,133 | -€9,705 | -32.5% |
| Other amounts payable | 47/48 | €1,173,715 | €296,739 | -€876,976 | -74.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,232 | €89,528 | +€64,297 | +254.8% |
| Other operating charges | 640/8 | €4,670 | €3,861 | -€809 | -17.3% |
| Gross operating margin | 9900 | €69,235 | -€1,530 | -€70,764 | |
| Operating profit (loss) | 9901 | €39,333 | -€94,919 | -€134,252 | |
| Financial income | 75/76B | €40,696 | €127,018 | +€86,322 | +212.1% |
| Recurring financial income | 75 | €40,696 | €127,018 | +€86,322 | +212.1% |
| Financial charges | 65/66B | €526 | €382 | -€144 | -27.4% |
| Recurring financial charges | 65 | €526 | €382 | -€144 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €79,503 | €31,717 | -€47,786 | -60.1% |
| Income taxes | 67/77 | €25,012 | €11,585 | -€13,427 | -53.7% |
| Profit (loss) for the period | 9904 | €54,491 | €20,132 | -€34,359 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,491 | €20,132 | -€34,359 | -63.1% |
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 3 October 2026 via checked.be.