LIMAVI: 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.
LIMAVI
Largest movements
- Receivables within one year +€291,674
up €291,674 (+1546.7%), from €18,858 to €310,532
of which Other amounts receivable: +€189,115
- Tangible fixed assets -€57,993
down €57,993 (-24.3%), from €238,336 to €180,343
of which Other tangible fixed assets: -€30,670
- Cash +€29,661
up €29,661 (+8.4%), from €352,315 to €381,976
mainly Trade debts (+€229,465) and Net result for the year (+€93,730)
- Deferred charges and accrued income +€20,000
up €20,000 (+200.0%), from €10,000 to €30,000
- Stocks and contracts +€14,179
up €14,179 (+9.0%), from €157,151 to €171,330
- Trade debts +€229,465
up €229,465 (+283.1%), from €81,051 to €310,517
- Reserves +€93,000
up €93,000 (+18.8%), from €494,000 to €587,000
- Tax, wage and social debts -€27,521
down €27,521 (-14.2%), from €193,589 to €166,068
of which Taxes: -€26,814
- Turnover -€1.7m
no longer reported in 2025 (was €1.7m)
- Purchases and services -€1.1m
no longer reported in 2025 (was €1.1m)
- Gross operating margin -€105,461
down €105,461 (-17.6%), from €598,485 to €493,024
- Staff costs +€34,986
up €34,986 (+13.4%), from €260,617 to €295,603
- Taxes -€33,541
down €33,541 (-50.8%), from €66,029 to €32,488
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 | €777,160 | €1,074,276 | +€297,116 | +38.2% |
| Fixed assets | 21/28 | €238,836 | €180,438 | -€58,398 | -24.5% |
| Intangible fixed assets | 21 | €499 | €94 | -€405 | -81.1% |
| Tangible fixed assets | 22/27 | €238,336 | €180,343 | -€57,993 | -24.3% |
| Land and buildings | 22 | €13,309 | €11,866 | -€1,443 | -10.8% |
| Plant, machinery and equipment | 23 | €2,306 | €1,858 | -€449 | -19.5% |
| Furniture and vehicles | 24 | €50,798 | €25,366 | -€25,432 | -50.1% |
| Other tangible fixed assets | 26 | €171,923 | €141,253 | -€30,670 | -17.8% |
| Current assets | 29/58 | €538,325 | €893,838 | +€355,514 | +66.0% |
| Stocks and contracts in progress | 3 | €157,151 | €171,330 | +€14,179 | +9.0% |
| Contracts in progress | 37 | €157,151 | €171,330 | +€14,179 | +9.0% |
| Amounts receivable within one year | 40/41 | €18,858 | €310,532 | +€291,674 | +1546.7% |
| Trade receivables | 40 | €612 | €103,170 | +€102,558 | +16768.3% |
| Other amounts receivable | 41 | €18,246 | €207,362 | +€189,115 | +1036.4% |
| Cash at bank and in hand | 54/58 | €352,315 | €381,976 | +€29,661 | +8.4% |
| Deferred charges and accrued income | 490/1 | €10,000 | €30,000 | +€20,000 | +200.0% |
| Total equity and liabilities | 10/49 | €777,160 | €1,074,276 | +€297,116 | +38.2% |
| Equity | 10/15 | €499,237 | €592,966 | +€93,730 | +18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €494,000 | €587,000 | +€93,000 | +18.8% |
| Distributable reserves | 133 | €494,000 | €587,000 | +€93,000 | +18.8% |
| Profit (loss) carried forward | 14 | €237 | €966 | +€730 | +308.1% |
| Amounts payable | 17/49 | €277,923 | €481,310 | +€203,386 | +73.2% |
| Amounts payable within one year | 42/48 | €277,923 | €480,227 | +€202,303 | +72.8% |
| Trade debts | 44 | €81,051 | €310,517 | +€229,465 | +283.1% |
| Suppliers | 440/4 | €81,051 | €310,517 | +€229,465 | +283.1% |
| Advances received on contracts in progress | 46 | €2,092 | €3,642 | +€1,551 | +74.1% |
| Taxes, remuneration and social security | 45 | €193,589 | €166,068 | -€27,521 | -14.2% |
| Taxes | 450/3 | €170,026 | €143,211 | -€26,814 | -15.8% |
| Remuneration and social security | 454/9 | €23,564 | €22,857 | -€707 | -3.0% |
| Other amounts payable | 47/48 | €1,191 | €0 | -€1,191 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,083 | +€1,083 | |
| Turnover | 70 | €1,713,675 | - | -€1.7m | |
| Non-recurring operating income | 76A | €2,479 | €0 | -€2,479 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,118,044 | - | -€1.1m | |
| Remuneration, social security and pensions | 62 | €260,617 | €295,603 | +€34,986 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,232 | €60,076 | +€844 | +1.4% |
| Other operating charges | 640/8 | €530 | €3,457 | +€2,927 | +552.7% |
| Non-recurring operating charges | 66A | €2,927 | €1,008 | -€1,919 | -65.6% |
| Gross operating margin | 9900 | €598,485 | €493,024 | -€105,461 | -17.6% |
| Operating profit (loss) | 9901 | €275,178 | €132,880 | -€142,298 | -51.7% |
| Financial income | 75/76B | €3,056 | €5,444 | +€2,388 | +78.1% |
| Recurring financial income | 75 | €3,056 | €5,444 | +€2,388 | +78.1% |
| Financial charges | 65/66B | €18,503 | €12,106 | -€6,397 | -34.6% |
| Recurring financial charges | 65 | €18,503 | €12,106 | -€6,397 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €259,731 | €126,217 | -€133,514 | -51.4% |
| Income taxes | 67/77 | €66,029 | €32,488 | -€33,541 | -50.8% |
| Profit (loss) for the period | 9904 | €193,702 | €93,730 | -€99,973 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €193,702 | €93,730 | -€99,973 | -51.6% |
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 12 October 2026 via checked.be.