LiMaQu: 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.
LiMaQu
Largest movements
- Tangible fixed assets +€261,966
up €261,966 (+12,309%), from €2,128 to €264,094
of which Land and buildings: +€262,357
- Receivables within one year -€19,780
down €19,780 (-46.1%), from €42,926 to €23,147
of which Trade receivables: -€22,902
- Cash -€19,172
down €19,172 (-49.5%), from €38,726 to €19,553
mainly Investment in fixed assets (net) (-€268,844) and Current portion of long-term debt (-€8,800)
- Debts after one year +€214,008
new in 2025: €214,008
- Profit (loss) carried forward +€19,813
up €19,813 (+21.2%), from €93,634 to €113,446
- Current portion of long-term debt -€8,800
down €8,800 (-55.0%), from €16,000 to €7,200
- Gross operating margin -€19,263
down €19,263 (-32.6%), from €59,118 to €39,855
- Taxes -€6,623
down €6,623 (-48.6%), from €13,619 to €6,996
- Depreciation +€5,528
up €5,528 (+1,412%), from €392 to €5,919
- Financial charges +€5,219
up €5,219 (+5,610%), from €93 to €5,312
- Other operating charges +€2,331
up €2,331 (+632%), from €369 to €2,700
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 | €120,820 | €344,993 | +€224,173 | +186% |
| Fixed assets | 21/28 | €39,168 | €302,093 | +€262,925 | +671% |
| Tangible fixed assets | 22/27 | €2,128 | €264,094 | +€261,966 | +12,309% |
| Land and buildings | 22 | - | €262,357 | +€262,357 | |
| Plant, machinery and equipment | 23 | €1,446 | €1,268 | -€178 | -12.3% |
| Other tangible fixed assets | 26 | €682 | €469 | -€214 | -31.3% |
| Financial fixed assets | 28 | €37,040 | €37,999 | +€959 | +2.6% |
| Current assets | 29/58 | €81,652 | €42,900 | -€38,752 | -47.5% |
| Amounts receivable within one year | 40/41 | €42,926 | €23,147 | -€19,780 | -46.1% |
| Trade receivables | 40 | €40,545 | €17,643 | -€22,902 | -56.5% |
| Other amounts receivable | 41 | €2,381 | €5,504 | +€3,123 | +131% |
| Cash at bank and in hand | 54/58 | €38,726 | €19,553 | -€19,172 | -49.5% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €120,820 | €344,993 | +€224,173 | +186% |
| Equity | 10/15 | €96,134 | €115,946 | +€19,813 | +20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,634 | €113,446 | +€19,813 | +21.2% |
| Amounts payable | 17/49 | €24,686 | €229,046 | +€204,360 | +828% |
| Amounts payable after more than one year | 17 | - | €214,008 | +€214,008 | |
| Financial debts | 170/4 | - | €214,008 | +€214,008 | |
| Amounts payable within one year | 42/48 | €24,686 | €15,039 | -€9,648 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | €7,200 | -€8,800 | -55.0% |
| Trade debts | 44 | €976 | €489 | -€486 | -49.9% |
| Suppliers | 440/4 | €976 | €489 | -€486 | -49.9% |
| Taxes, remuneration and social security | 45 | €3,402 | €2,572 | -€830 | -24.4% |
| Taxes | 450/3 | €3,402 | €744 | -€2,658 | -78.1% |
| Remuneration and social security | 454/9 | - | €1,828 | +€1,828 | |
| Other amounts payable | 47/48 | €4,309 | €4,778 | +€469 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €5,919 | +€5,528 | +1,412% |
| Other operating charges | 640/8 | €369 | €2,700 | +€2,331 | +632% |
| Gross operating margin | 9900 | €59,118 | €39,855 | -€19,263 | -32.6% |
| Operating profit (loss) | 9901 | €58,358 | €31,236 | -€27,122 | -46.5% |
| Financial income | 75/76B | €1,310 | €959 | -€350 | -26.7% |
| Recurring financial income | 75 | €1,310 | €959 | -€350 | -26.7% |
| Financial charges | 65/66B | €93 | €5,312 | +€5,219 | +5,610% |
| Recurring financial charges | 65 | €93 | €5,312 | +€5,219 | +5,610% |
| Profit (loss) for the period before taxes | 9903 | €59,574 | €26,883 | -€32,691 | -54.9% |
| Income taxes | 67/77 | €13,619 | €6,996 | -€6,623 | -48.6% |
| Profit (loss) for the period | 9904 | €45,956 | €19,887 | -€26,069 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,956 | €19,887 | -€26,069 | -56.7% |
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 16 October 2026 via checked.be.