LIMARO: 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.
LIMARO
Largest movements
- Cash -€14,763
down €14,763 (-92.9%), from €15,900 to €1,137
mainly Net result for the year (-€17,243) and Accrued charges and deferred income (-€387)
- Receivables within one year -€1,348
down €1,348 (-46.8%), from €2,879 to €1,531
of which Trade receivables: -€1,348
- Profit (loss) carried forward -€17,243
down €17,243 (-27.9%), from -€61,864 to -€79,106
- Trade debts +€1,254
up €1,254 (+27.5%), from €4,565 to €5,820
- Taxes +€14,212
new in 2025: €14,212
- Gross operating margin -€7,341
down €7,341, from €5,310 to -€2,031
- Other operating charges -€557
down €557 (-67.9%), from €821 to €264
- Financial charges +€175
up €175 (+528.8%), from €33 to €208
- Financial income -€129
down €129 (-99.8%), from €129 to €0
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 | €71,201 | €54,581 | -€16,621 | -23.3% |
| Fixed assets | 21/28 | €51,968 | €51,440 | -€528 | -1.0% |
| Tangible fixed assets | 22/27 | €51,968 | €51,440 | -€528 | -1.0% |
| Land and buildings | 22 | €51,968 | €51,440 | -€528 | -1.0% |
| Current assets | 29/58 | €19,233 | €3,141 | -€16,092 | -83.7% |
| Amounts receivable within one year | 40/41 | €2,879 | €1,531 | -€1,348 | -46.8% |
| Trade receivables | 40 | €2,816 | €1,468 | -€1,348 | -47.9% |
| Other amounts receivable | 41 | €63 | €63 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,900 | €1,137 | -€14,763 | -92.9% |
| Deferred charges and accrued income | 490/1 | €455 | €473 | +€19 | +4.1% |
| Total equity and liabilities | 10/49 | €71,201 | €54,581 | -€16,621 | -23.3% |
| Equity | 10/15 | €6,336 | -€10,906 | -€17,243 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,864 | -€79,106 | -€17,243 | -27.9% |
| Amounts payable | 17/49 | €64,865 | €65,487 | +€622 | +1.0% |
| Amounts payable within one year | 42/48 | €64,478 | €65,487 | +€1,010 | +1.6% |
| Trade debts | 44 | €4,565 | €5,820 | +€1,254 | +27.5% |
| Suppliers | 440/4 | €4,565 | €5,820 | +€1,254 | +27.5% |
| Other amounts payable | 47/48 | €59,912 | €59,668 | -€245 | -0.4% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €528 | -€0 | 0.0% |
| Other operating charges | 640/8 | €821 | €264 | -€557 | -67.9% |
| Gross operating margin | 9900 | €5,310 | -€2,031 | -€7,341 | |
| Operating profit (loss) | 9901 | €3,961 | -€2,823 | -€6,784 | |
| Financial income | 75/76B | €129 | €0 | -€129 | -99.8% |
| Recurring financial income | 75 | €129 | €0 | -€129 | -99.8% |
| Financial charges | 65/66B | €33 | €208 | +€175 | +528.8% |
| Recurring financial charges | 65 | €33 | €208 | +€175 | +528.8% |
| Profit (loss) for the period before taxes | 9903 | €4,057 | -€3,030 | -€7,088 | |
| Income taxes | 67/77 | - | €14,212 | +€14,212 | |
| Profit (loss) for the period | 9904 | €4,057 | -€17,243 | -€21,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,057 | -€17,243 | -€21,300 |
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 2 October 2026 via checked.be.