LIMATE: 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.
LIMATE
Largest movements
- Cash +€15,507
up €15,507 (+67.3%), from €23,041 to €38,548
mainly Net result for the year (+€9,004) and Receivables within one year (+€3,843)
- Receivables within one year -€3,843
down €3,843 (-25.5%), from €15,083 to €11,240
of which Trade receivables: -€11,336
- Stocks and contracts -€776
no longer reported in 2024 (was €776)
- Tangible fixed assets -€613
down €613 (-26.5%), from €2,312 to €1,699
of which Plant, machinery and equipment: -€956
- Profit (loss) carried forward +€9,004
up €9,004 (+36.6%), from €24,587 to €33,591
- Other debts -€3,946
no longer reported in 2024 (was €3,946)
- Trade debts +€2,852
new in 2024: €2,852
- Tax, wage and social debts +€2,365
up €2,365 (+51.3%), from €4,614 to €6,979
- Gross operating margin -€10,100
down €10,100 (-36.5%), from €27,685 to €17,585
- Taxes +€5,054
up €5,054 (+461.1%), from €1,096 to €6,150
- Financial charges -€327
down €327 (-25.8%), from €1,269 to €942
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,212 | €51,487 | +€10,275 | +24.9% |
| Fixed assets | 21/28 | €2,312 | €1,699 | -€613 | -26.5% |
| Tangible fixed assets | 22/27 | €2,312 | €1,699 | -€613 | -26.5% |
| Plant, machinery and equipment | 23 | €2,312 | €1,356 | -€956 | -41.3% |
| Furniture and vehicles | 24 | - | €343 | +€343 | |
| Current assets | 29/58 | €38,900 | €49,788 | +€10,888 | +28.0% |
| Stocks and contracts in progress | 3 | €776 | - | -€776 | |
| Stocks | 30/36 | €776 | - | -€776 | |
| Amounts receivable within one year | 40/41 | €15,083 | €11,240 | -€3,843 | -25.5% |
| Trade receivables | 40 | €14,356 | €3,020 | -€11,336 | -79.0% |
| Other amounts receivable | 41 | €727 | €8,220 | +€7,493 | +1030.7% |
| Cash at bank and in hand | 54/58 | €23,041 | €38,548 | +€15,507 | +67.3% |
| Total equity and liabilities | 10/49 | €41,212 | €51,487 | +€10,275 | +24.9% |
| Equity | 10/15 | €32,652 | €41,656 | +€9,004 | +27.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,587 | €33,591 | +€9,004 | +36.6% |
| Amounts payable | 17/49 | €8,560 | €9,831 | +€1,271 | +14.8% |
| Amounts payable within one year | 42/48 | €8,560 | €9,831 | +€1,271 | +14.8% |
| Trade debts | 44 | - | €2,852 | +€2,852 | |
| Suppliers | 440/4 | - | €2,852 | +€2,852 | |
| Taxes, remuneration and social security | 45 | €4,614 | €6,979 | +€2,365 | +51.3% |
| Taxes | 450/3 | €4,614 | €6,979 | +€2,365 | +51.3% |
| Other amounts payable | 47/48 | €3,946 | - | -€3,946 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €613 | +€91 | +17.4% |
| Other operating charges | 640/8 | €626 | €876 | +€250 | +39.9% |
| Gross operating margin | 9900 | €27,685 | €17,585 | -€10,100 | -36.5% |
| Operating profit (loss) | 9901 | €26,537 | €16,096 | -€10,441 | -39.3% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,269 | €942 | -€327 | -25.8% |
| Recurring financial charges | 65 | €1,269 | €942 | -€327 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €25,276 | €15,154 | -€10,122 | -40.0% |
| Income taxes | 67/77 | €1,096 | €6,150 | +€5,054 | +461.1% |
| Profit (loss) for the period | 9904 | €24,180 | €9,004 | -€15,176 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,180 | €9,004 | -€15,176 | -62.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.