LIMAT: 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.
LIMAT
Largest movements
- Receivables within one year -€10,001
down €10,001 (-27.4%), from €36,559 to €26,558
of which Other amounts receivable: -€17,391
- Stocks and contracts +€3,608
new in 2025: €3,608
- Cash +€1,591
up €1,591 (+3.6%), from €44,097 to €45,688
mainly Other debts (+€31,474) and Receivables within one year (+€10,001)
- Reserves -€34,204
down €34,204 (-64.8%), from €52,793 to €18,590
of which Distributable reserves: -€34,204
- Other debts +€31,474
up €31,474 (+3,539%), from €889 to €32,364
- Trade debts -€1,723
down €1,723 (-29.5%), from €5,842 to €4,120
- Gross operating margin +€11,381
up €11,381, from -€1,878 to €9,503
- Taxes +€2,561
up €2,561 (+152,424%), from €2 to €2,562
- Financial charges +€142
up €142 (+258%), from €55 to €196
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 | €80,656 | €76,227 | -€4,429 | -5.5% |
| Current assets | 29/58 | €80,656 | €76,227 | -€4,429 | -5.5% |
| Stocks and contracts in progress | 3 | - | €3,608 | +€3,608 | |
| Contracts in progress | 37 | - | €3,608 | +€3,608 | |
| Amounts receivable within one year | 40/41 | €36,559 | €26,558 | -€10,001 | -27.4% |
| Trade receivables | 40 | €6,549 | €13,939 | +€7,389 | +113% |
| Other amounts receivable | 41 | €30,010 | €12,619 | -€17,391 | -57.9% |
| Cash at bank and in hand | 54/58 | €44,097 | €45,688 | +€1,591 | +3.6% |
| Deferred charges and accrued income | 490/1 | - | €373 | +€373 | |
| Total equity and liabilities | 10/49 | €80,656 | €76,227 | -€4,429 | -5.5% |
| Equity | 10/15 | €71,385 | €37,182 | -€34,204 | -47.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €52,793 | €18,590 | -€34,204 | -64.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €50,934 | €16,730 | -€34,204 | -67.2% |
| Amounts payable | 17/49 | €9,271 | €39,046 | +€29,775 | +321% |
| Amounts payable within one year | 42/48 | €9,271 | €39,046 | +€29,775 | +321% |
| Trade debts | 44 | €5,842 | €4,120 | -€1,723 | -29.5% |
| Suppliers | 440/4 | €5,842 | €4,120 | -€1,723 | -29.5% |
| Taxes, remuneration and social security | 45 | €2,539 | €2,562 | +€23 | +0.9% |
| Taxes | 450/3 | €2,539 | €2,562 | +€23 | +0.9% |
| Other amounts payable | 47/48 | €889 | €32,364 | +€31,474 | +3,539% |
| Other operating charges | 640/8 | €118 | €125 | +€7 | +5.9% |
| Gross operating margin | 9900 | -€1,878 | €9,503 | +€11,381 | |
| Operating profit (loss) | 9901 | -€1,996 | €9,378 | +€11,374 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €55 | €196 | +€142 | +258% |
| Recurring financial charges | 65 | €55 | €196 | +€142 | +258% |
| Profit (loss) for the period before taxes | 9903 | -€2,050 | €9,187 | +€11,237 | |
| Income taxes | 67/77 | €2 | €2,562 | +€2,561 | +152,424% |
| Profit (loss) for the period | 9904 | -€2,052 | €6,624 | +€8,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,052 | €6,624 | +€8,676 |
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 15 October 2026 via checked.be.