LIMAZON: 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.
LIMAZON
Largest movements
- Receivables within one year -€52,269
down €52,269 (-61.6%), from €84,855 to €32,586
of which Trade receivables: -€45,150
- Stocks and contracts -€49,089
down €49,089 (-34.4%), from €142,735 to €93,645
- Debts after one year -€35,790
down €35,790 (-33.2%), from €107,895 to €72,105
- Profit (loss) carried forward -€29,099
down €29,099 (-1140.4%), from -€2,552 to -€31,651
- Accrued charges and deferred income -€17,500
no longer reported in 2025 (was €17,500)
- Trade debts -€16,808
down €16,808 (-70.7%), from €23,786 to €6,978
- Current portion of long-term debt -€4,647
down €4,647 (-11.5%), from €40,437 to €35,790
- Gross operating margin -€101,737
down €101,737, from €79,201 to -€22,537
- Taxes -€18,384
no longer reported in 2025 (was €18,384)
- Depreciation -€8,616
no longer reported in 2025 (was €8,616)
- Financial charges -€7,926
down €7,926 (-54.9%), from €14,427 to €6,501
- Other operating charges -€1,744
down €1,744 (-96.6%), from €1,806 to €62
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 | €252,293 | €150,913 | -€101,380 | -40.2% |
| Fixed assets | 21/28 | €21,777 | €21,777 | = | 0.0% |
| Tangible fixed assets | 22/27 | €21,677 | €21,677 | = | 0.0% |
| Land and buildings | 22 | €8,825 | €8,825 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,547 | €9,547 | = | 0.0% |
| Furniture and vehicles | 24 | €3,306 | €3,306 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €230,515 | €129,136 | -€101,380 | -44.0% |
| Stocks and contracts in progress | 3 | €142,735 | €93,645 | -€49,089 | -34.4% |
| Stocks | 30/36 | €142,735 | €93,645 | -€49,089 | -34.4% |
| Amounts receivable within one year | 40/41 | €84,855 | €32,586 | -€52,269 | -61.6% |
| Trade receivables | 40 | €46,400 | €1,250 | -€45,150 | -97.3% |
| Other amounts receivable | 41 | €38,455 | €31,336 | -€7,119 | -18.5% |
| Cash at bank and in hand | 54/58 | €2,926 | €2,290 | -€635 | -21.7% |
| Deferred charges and accrued income | 490/1 | - | €614 | +€614 | |
| Total equity and liabilities | 10/49 | €252,293 | €150,913 | -€101,380 | -40.2% |
| Equity | 10/15 | €54,299 | €25,200 | -€29,099 | -53.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,259 | €38,259 | = | 0.0% |
| 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 | €36,400 | €36,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,552 | -€31,651 | -€29,099 | -1140.4% |
| Amounts payable | 17/49 | €197,993 | €125,713 | -€72,280 | -36.5% |
| Amounts payable after more than one year | 17 | €107,895 | €72,105 | -€35,790 | -33.2% |
| Financial debts | 170/4 | €107,895 | €72,105 | -€35,790 | -33.2% |
| Amounts payable within one year | 42/48 | €72,599 | €53,608 | -€18,991 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €40,437 | €35,790 | -€4,647 | -11.5% |
| Trade debts | 44 | €23,786 | €6,978 | -€16,808 | -70.7% |
| Suppliers | 440/4 | €23,786 | €6,978 | -€16,808 | -70.7% |
| Taxes, remuneration and social security | 45 | €4,428 | €8,742 | +€4,314 | +97.4% |
| Taxes | 450/3 | €4,428 | €6,542 | +€2,114 | +47.7% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €3,948 | €2,098 | -€1,849 | -46.8% |
| Accrued charges and deferred income | 492/3 | €17,500 | - | -€17,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,616 | - | -€8,616 | |
| Other operating charges | 640/8 | €1,806 | €62 | -€1,744 | -96.6% |
| Gross operating margin | 9900 | €79,201 | -€22,537 | -€101,737 | |
| Operating profit (loss) | 9901 | €68,778 | -€22,599 | -€91,376 | |
| Financial income | 75/76B | €440 | €0 | -€440 | -100.0% |
| Recurring financial income | 75 | €440 | €0 | -€440 | -100.0% |
| Financial charges | 65/66B | €14,427 | €6,501 | -€7,926 | -54.9% |
| Recurring financial charges | 65 | €14,427 | €6,501 | -€7,926 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €54,790 | -€29,099 | -€83,890 | |
| Income taxes | 67/77 | €18,384 | - | -€18,384 | |
| Profit (loss) for the period | 9904 | €36,407 | -€29,099 | -€65,506 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,407 | -€29,099 | -€65,506 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.