LIMBO: what changed
What changed
LIMBO
NACE 46.180, Agents specialised in the wholesale of other particular products
filed annual accounts (NBB)
Net result for the year
€4,549
2024 · €281+€4,267
Equity
€295,724
2024 · €291,176+€4,549
Cash
€22,496
2024 · €38,031-€15,535
Balance sheet total
€347,406
2024 · €361,550-€14,144
Largest movements
Assets
- Cash -€15,535
down €15,535 (-40.8%), from €38,031 to €22,496
mainly Debts after one year (-€12,379) and Other debts (-€7,563)
- Receivables within one year +€4,222
up €4,222 (+36.8%), from €11,487 to €15,709
of which Trade receivables: +€3,770
Equity and liabilities
- Debts after one year -€12,379
down €12,379 (-36.0%), from €34,416 to €22,037
- Other debts -€7,563
down €7,563 (-37.8%), from €20,000 to €12,438
- Reserves +€4,500
up €4,500 (+1.7%), from €260,227 to €264,727
of which Distributable reserves: +€4,500
Income statement
- Depreciation -€5,742
down €5,742 (-56.5%), from €10,158 to €4,416
- Financial charges -€1,628
down €1,628 (-40.2%), from €4,054 to €2,426
- Taxes +€1,365
up €1,365 (+367%), from €372 to €1,736
- Gross operating margin -€1,258
down €1,258 (-4.1%), from €30,834 to €29,576
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€281
Gross operating margin
-€1,258
Staff costs
-€284
Depreciation
+€5,742
Other operating charges
-€173
Financial income
-€22
Financial charges
+€1,628
Taxes
-€1,365
Result 2025
€4,549
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€885
Investment
-€2,866
Financing
-€11,784
Cash 2024
€38,031
From operations (derived)
-€885
Net result for the year
+€4,549
Depreciation
+€4,416
Receivables within one year
-€4,222
Deferred charges and accrued income
+€1,282
Trade debts
+€383
Tax, wage and social debts
+€270
Other debts
-€7,563
Investment (derived)
-€2,866
Investment in fixed assets (net)
-€2,866
Financing
-€11,784
Debts after one year
-€12,379
Current portion of long-term debt
+€595
Cash 2025
€22,496
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,550 | €347,406 | -€14,144 | -3.9% |
| Fixed assets | 21/28 | €305,089 | €303,539 | -€1,550 | -0.5% |
| Tangible fixed assets | 22/27 | €305,089 | €303,539 | -€1,550 | -0.5% |
| Land and buildings | 22 | €300,438 | €301,171 | +€732 | +0.2% |
| Plant, machinery and equipment | 23 | €709 | €624 | -€85 | -12.0% |
| Furniture and vehicles | 24 | €3,941 | €1,744 | -€2,197 | -55.7% |
| Current assets | 29/58 | €56,462 | €43,867 | -€12,595 | -22.3% |
| Amounts receivable within one year | 40/41 | €11,487 | €15,709 | +€4,222 | +36.8% |
| Trade receivables | 40 | €9,834 | €13,604 | +€3,770 | +38.3% |
| Other amounts receivable | 41 | €1,653 | €2,105 | +€452 | +27.4% |
| Cash at bank and in hand | 54/58 | €38,031 | €22,496 | -€15,535 | -40.8% |
| Deferred charges and accrued income | 490/1 | €6,944 | €5,662 | -€1,282 | -18.5% |
| Total equity and liabilities | 10/49 | €361,550 | €347,406 | -€14,144 | -3.9% |
| Equity | 10/15 | €291,176 | €295,724 | +€4,549 | +1.6% |
| Contributions | 10/11 | €27,268 | €27,268 | = | 0.0% |
| Reserves | 13 | €260,227 | €264,727 | +€4,500 | +1.7% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,727 | €2,727 | = | 0.0% |
| Distributable reserves | 133 | €257,500 | €262,000 | +€4,500 | +1.7% |
| Profit (loss) carried forward | 14 | €3,681 | €3,729 | +€49 | +1.3% |
| Amounts payable | 17/49 | €70,375 | €51,682 | -€18,693 | -26.6% |
| Amounts payable after more than one year | 17 | €34,416 | €22,037 | -€12,379 | -36.0% |
| Financial debts | 170/4 | €34,416 | €22,037 | -€12,379 | -36.0% |
| Amounts payable within one year | 42/48 | €35,903 | €29,589 | -€6,314 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €11,784 | €12,379 | +€595 | +5.1% |
| Trade debts | 44 | €3,831 | €4,214 | +€383 | +10.0% |
| Suppliers | 440/4 | €3,831 | €4,214 | +€383 | +10.0% |
| Taxes, remuneration and social security | 45 | €288 | €558 | +€270 | +93.8% |
| Taxes | 450/3 | €180 | €450 | +€270 | +150% |
| Remuneration and social security | 454/9 | €108 | €108 | = | 0.0% |
| Other amounts payable | 47/48 | €20,000 | €12,438 | -€7,563 | -37.8% |
| Accrued charges and deferred income | 492/3 | €56 | €56 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €12,902 | €13,187 | +€284 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,158 | €4,416 | -€5,742 | -56.5% |
| Other operating charges | 640/8 | €3,091 | €3,264 | +€173 | +5.6% |
| Gross operating margin | 9900 | €30,834 | €29,576 | -€1,258 | -4.1% |
| Operating profit (loss) | 9901 | €4,684 | €8,710 | +€4,027 | +86.0% |
| Financial income | 75/76B | €23 | €1 | -€22 | -95.7% |
| Recurring financial income | 75 | €23 | €1 | -€22 | -95.7% |
| Financial charges | 65/66B | €4,054 | €2,426 | -€1,628 | -40.2% |
| Recurring financial charges | 65 | €4,054 | €2,426 | -€1,628 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €653 | €6,285 | +€5,632 | +862% |
| Income taxes | 67/77 | €372 | €1,736 | +€1,365 | +367% |
| Profit (loss) for the period | 9904 | €281 | €4,549 | +€4,267 | +1,516% |
| Profit (loss) for the period to be appropriated | 9905 | €281 | €4,549 | +€4,267 | +1,516% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.