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 -€9,699
down €9,699 (-60.6%), from €16,004 to €6,306
of which Trade receivables: -€16,004
- Cash -€7,293
down €7,293 (-10.7%), from €68,139 to €60,847
mainly Tax, wage and social debts (-€15,741) and Investment in fixed assets (net) (-€13,758)
- Financial fixed assets +€6,353
new in 2025: €6,353
- Tangible fixed assets +€5,288
up €5,288 (+92.1%), from €5,742 to €11,030
of which Land and buildings: +€2,816
- Deferred charges and accrued income +€2,316
up €2,316 (+68.4%), from €3,386 to €5,701
- Tax, wage and social debts -€15,741
down €15,741 (-73.0%), from €21,554 to €5,813
of which Taxes: -€12,507
- Trade debts +€12,623
up €12,623 (+311.2%), from €4,056 to €16,678
- Staff costs +€41,840
up €41,840 (+141.5%), from €29,579 to €71,419
- Gross operating margin -€12,072
down €12,072 (-13.1%), from €92,069 to €79,996
- Taxes -€10,549
down €10,549 (-83.3%), from €12,669 to €2,120
- Depreciation +€1,883
up €1,883 (+804.7%), from €234 to €2,117
- Other operating charges +€1,258
up €1,258 (+348.3%), from €361 to €1,619
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 | €93,271 | €90,236 | -€3,035 | -3.3% |
| Fixed assets | 21/28 | €5,742 | €17,382 | +€11,641 | +202.7% |
| Tangible fixed assets | 22/27 | €5,742 | €11,030 | +€5,288 | +92.1% |
| Land and buildings | 22 | €1,479 | €4,294 | +€2,816 | +190.4% |
| Plant, machinery and equipment | 23 | €2,949 | €4,147 | +€1,197 | +40.6% |
| Furniture and vehicles | 24 | €1,314 | €2,589 | +€1,275 | +97.1% |
| Financial fixed assets | 28 | - | €6,353 | +€6,353 | |
| Current assets | 29/58 | €87,529 | €72,854 | -€14,676 | -16.8% |
| Amounts receivable within one year | 40/41 | €16,004 | €6,306 | -€9,699 | -60.6% |
| Trade receivables | 40 | €16,004 | €0 | -€16,004 | -100.0% |
| Other amounts receivable | 41 | - | €6,306 | +€6,306 | |
| Cash at bank and in hand | 54/58 | €68,139 | €60,847 | -€7,293 | -10.7% |
| Deferred charges and accrued income | 490/1 | €3,386 | €5,701 | +€2,316 | +68.4% |
| Total equity and liabilities | 10/49 | €93,271 | €90,236 | -€3,035 | -3.3% |
| Equity | 10/15 | €67,661 | €67,745 | +€83 | +0.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €57,661 | €57,745 | +€83 | +0.1% |
| Distributable reserves | 133 | €57,661 | €57,745 | +€83 | +0.1% |
| Amounts payable | 17/49 | €25,609 | €22,491 | -€3,118 | -12.2% |
| Amounts payable within one year | 42/48 | €25,609 | €22,491 | -€3,118 | -12.2% |
| Trade debts | 44 | €4,056 | €16,678 | +€12,623 | +311.2% |
| Suppliers | 440/4 | €4,056 | €16,678 | +€12,623 | +311.2% |
| Taxes, remuneration and social security | 45 | €21,554 | €5,813 | -€15,741 | -73.0% |
| Taxes | 450/3 | €18,320 | €5,813 | -€12,507 | -68.3% |
| Remuneration and social security | 454/9 | €3,234 | €0 | -€3,234 | -100.0% |
| Non-recurring operating income | 76A | - | €11,813 | +€11,813 | |
| Remuneration, social security and pensions | 62 | €29,579 | €71,419 | +€41,840 | +141.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €2,117 | +€1,883 | +804.7% |
| Other operating charges | 640/8 | €361 | €1,619 | +€1,258 | +348.3% |
| Gross operating margin | 9900 | €92,069 | €79,996 | -€12,072 | -13.1% |
| Operating profit (loss) | 9901 | €61,895 | €4,842 | -€57,053 | -92.2% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €3,049 | €2,649 | -€400 | -13.1% |
| Recurring financial charges | 65 | €3,049 | €2,649 | -€400 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €58,846 | €2,204 | -€56,642 | -96.3% |
| Income taxes | 67/77 | €12,669 | €2,120 | -€10,549 | -83.3% |
| Profit (loss) for the period | 9904 | €46,177 | €83 | -€46,093 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,177 | €83 | -€46,093 | -99.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.