LIMBOURG B.: 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.
LIMBOURG B.
Largest movements
- Cash -€22,032
down €22,032 (-52.7%), from €41,830 to €19,798
mainly Debts after one year (-€19,641) and Tax, wage and social debts (-€15,516)
- Intangible fixed assets -€14,000
down €14,000 (-17.6%), from €79,352 to €65,352
- Receivables within one year -€3,020
no longer reported in 2025 (was €3,020)
- Debts after one year -€19,641
down €19,641 (-26.0%), from €75,627 to €55,986
of which Other amounts payable: -€11,097
- Tax, wage and social debts -€15,516
down €15,516 (-86.1%), from €18,018 to €2,502
- Profit (loss) carried forward -€4,777
down €4,777 (-12.7%), from €37,612 to €32,835
- Gross operating margin -€33,048
down €33,048 (-72.0%), from €45,925 to €12,877
- Financial charges -€28,474
down €28,474 (-97.4%), from €29,241 to €766
- Depreciation +€897
up €897 (+6.0%), from €14,872 to €15,769
- Taxes -€812
down €812 (-82.9%), from €980 to €167
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 | €145,072 | €105,620 | -€39,452 | -27.2% |
| Fixed assets | 21/28 | €85,459 | €71,002 | -€14,457 | -16.9% |
| Intangible fixed assets | 21 | €79,352 | €65,352 | -€14,000 | -17.6% |
| Tangible fixed assets | 22/27 | €5,818 | €5,109 | -€709 | -12.2% |
| Furniture and vehicles | 24 | €5,818 | €5,109 | -€709 | -12.2% |
| Financial fixed assets | 28 | €288 | €540 | +€252 | +87.5% |
| Current assets | 29/58 | €59,613 | €34,618 | -€24,995 | -41.9% |
| Amounts receivable within one year | 40/41 | €3,020 | - | -€3,020 | |
| Other amounts receivable | 41 | €3,020 | - | -€3,020 | |
| Cash at bank and in hand | 54/58 | €41,830 | €19,798 | -€22,032 | -52.7% |
| Deferred charges and accrued income | 490/1 | €14,763 | €14,820 | +€57 | +0.4% |
| Total equity and liabilities | 10/49 | €145,072 | €105,620 | -€39,452 | -27.2% |
| Equity | 10/15 | €40,112 | €35,335 | -€4,777 | -11.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,612 | €32,835 | -€4,777 | -12.7% |
| Amounts payable | 17/49 | €104,960 | €70,285 | -€34,675 | -33.0% |
| Amounts payable after more than one year | 17 | €75,627 | €55,986 | -€19,641 | -26.0% |
| Financial debts | 170/4 | €28,480 | €19,936 | -€8,544 | -30.0% |
| Other amounts payable | 178/9 | €47,147 | €36,050 | -€11,097 | -23.5% |
| Amounts payable within one year | 42/48 | €29,199 | €14,153 | -€15,046 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €8,544 | €8,544 | = | 0.0% |
| Financial debts | 43 | €302 | - | -€302 | |
| Credit institutions | 430/8 | €302 | - | -€302 | |
| Trade debts | 44 | €2,336 | €3,107 | +€772 | +33.0% |
| Suppliers | 440/4 | €2,336 | €3,107 | +€772 | +33.0% |
| Taxes, remuneration and social security | 45 | €18,018 | €2,502 | -€15,516 | -86.1% |
| Taxes | 450/3 | €18,018 | €2,502 | -€15,516 | -86.1% |
| Accrued charges and deferred income | 492/3 | €134 | €147 | +€13 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,872 | €15,769 | +€897 | +6.0% |
| Other operating charges | 640/8 | €547 | €951 | +€405 | +74.1% |
| Gross operating margin | 9900 | €45,925 | €12,877 | -€33,048 | -72.0% |
| Operating profit (loss) | 9901 | €30,507 | -€3,843 | -€34,351 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €29,241 | €766 | -€28,474 | -97.4% |
| Recurring financial charges | 65 | €29,241 | €766 | -€28,474 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €1,267 | -€4,610 | -€5,877 | |
| Income taxes | 67/77 | €980 | €167 | -€812 | -82.9% |
| Profit (loss) for the period | 9904 | €288 | -€4,777 | -€5,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €288 | -€4,777 | -€5,065 |
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 9 October 2026 via checked.be.