Limasol: 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.
Limasol
Largest movements
- Tangible fixed assets -€306,134
down €306,134 (-87.2%), from €351,080 to €44,946
of which Land and buildings: -€324,972
- Financial fixed assets -€238,500
no longer reported in 2025 (was €238,500)
- Receivables within one year +€180,347
up €180,347 (+283%), from €63,830 to €244,177
of which Other amounts receivable: +€197,696
- Cash -€14,718
down €14,718 (-11.1%), from €132,321 to €117,603
mainly Contributions, distributions and other (-€600,000) and Debts after one year (-€234,088)
- Reserves -€278,459
down €278,459 (-92.8%), from €299,982 to €21,523
- Other debts +€255,380
up €255,380 (+5,952%), from €4,291 to €259,670
- Debts after one year -€234,088
down €234,088 (-73.4%), from €318,729 to €84,641
- Accrued charges and deferred income -€49,750
no longer reported in 2025 (was €49,750)
- Tax, wage and social debts -€37,302
down €37,302 (-86.1%), from €43,333 to €6,031
- Financial income +€201,854
new in 2025: €201,854
- Gross operating margin -€63,824
down €63,824 (-25.6%), from €249,125 to €185,301
- Other operating charges -€38,414
down €38,414 (-94.8%), from €40,526 to €2,112
- Depreciation +€6,202
up €6,202 (+88.3%), from €7,025 to €13,227
- Taxes -€4,204
down €4,204 (-9.1%), from €46,022 to €41,818
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 | €785,731 | €406,726 | -€379,005 | -48.2% |
| Fixed assets | 21/28 | €589,580 | €44,946 | -€544,634 | -92.4% |
| Tangible fixed assets | 22/27 | €351,080 | €44,946 | -€306,134 | -87.2% |
| Land and buildings | 22 | €324,972 | - | -€324,972 | |
| Plant, machinery and equipment | 23 | €2,236 | €1,665 | -€571 | -25.5% |
| Furniture and vehicles | 24 | €419 | €8,611 | +€8,192 | +1,955% |
| Other tangible fixed assets | 26 | €23,453 | €34,670 | +€11,217 | +47.8% |
| Financial fixed assets | 28 | €238,500 | - | -€238,500 | |
| Current assets | 29/58 | €196,151 | €361,780 | +€165,629 | +84.4% |
| Amounts receivable within one year | 40/41 | €63,830 | €244,177 | +€180,347 | +283% |
| Trade receivables | 40 | €17,349 | - | -€17,349 | |
| Other amounts receivable | 41 | €46,481 | €244,177 | +€197,696 | +425% |
| Cash at bank and in hand | 54/58 | €132,321 | €117,603 | -€14,718 | -11.1% |
| Total equity and liabilities | 10/49 | €785,731 | €406,726 | -€379,005 | -48.2% |
| Equity | 10/15 | €309,982 | €31,523 | -€278,459 | -89.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €299,982 | €21,523 | -€278,459 | -92.8% |
| Distributable reserves | 133 | €299,982 | €21,523 | -€278,459 | -92.8% |
| Amounts payable | 17/49 | €475,749 | €375,203 | -€100,546 | -21.1% |
| Amounts payable after more than one year | 17 | €318,729 | €84,641 | -€234,088 | -73.4% |
| Financial debts | 170/4 | €318,729 | €84,641 | -€234,088 | -73.4% |
| Amounts payable within one year | 42/48 | €107,270 | €290,562 | +€183,292 | +171% |
| Current portion of amounts payable after more than one year | 42 | €59,645 | €24,860 | -€34,785 | -58.3% |
| Taxes, remuneration and social security | 45 | €43,333 | €6,031 | -€37,302 | -86.1% |
| Taxes | 450/3 | €43,333 | €6,031 | -€37,302 | -86.1% |
| Other amounts payable | 47/48 | €4,291 | €259,670 | +€255,380 | +5,952% |
| Accrued charges and deferred income | 492/3 | €49,750 | - | -€49,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,025 | €13,227 | +€6,202 | +88.3% |
| Other operating charges | 640/8 | €40,526 | €2,112 | -€38,414 | -94.8% |
| Gross operating margin | 9900 | €249,125 | €185,301 | -€63,824 | -25.6% |
| Operating profit (loss) | 9901 | €201,574 | €169,962 | -€31,612 | -15.7% |
| Financial income | 75/76B | - | €201,854 | +€201,854 | |
| Recurring financial income | 75 | - | €201,854 | +€201,854 | |
| Financial charges | 65/66B | €5,404 | €8,458 | +€3,053 | +56.5% |
| Recurring financial charges | 65 | €5,404 | €8,458 | +€3,053 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €196,170 | €363,358 | +€167,189 | +85.2% |
| Income taxes | 67/77 | €46,022 | €41,818 | -€4,204 | -9.1% |
| Profit (loss) for the period | 9904 | €150,148 | €321,541 | +€171,393 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €150,148 | €321,541 | +€171,393 | +114% |
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.