Limbourg Consulting: 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 Consulting
Largest movements
- Tangible fixed assets -€43,869
down €43,869 (-32.3%), from €135,962 to €92,093
of which Furniture and vehicles: -€40,517
- Receivables within one year +€24,318
up €24,318 (+155%), from €15,646 to €39,964
of which Trade receivables: +€14,221
- Cash -€3,590
down €3,590 (-59.8%), from €6,002 to €2,412
mainly Receivables within one year (-€24,318) and Debts after one year (-€18,118)
- Debts after one year -€18,118
down €18,118 (-24.8%), from €72,918 to €54,800
- Current portion of long-term debt +€18,118
new in 2025: €18,118
- Short-term financial debts -€17,514
no longer reported in 2025 (was €17,514)
- Tax, wage and social debts -€6,664
down €6,664 (-78.7%), from €8,472 to €1,808
- Trade debts +€6,350
up €6,350 (+302%), from €2,104 to €8,454
- Depreciation +€17,158
up €17,158 (+60.5%), from €28,348 to €45,506
- Gross operating margin -€12,412
down €12,412 (-16.6%), from €74,703 to €62,291
- Taxes -€7,295
down €7,295 (-68.6%), from €10,629 to €3,334
- Financial income -€5,882
no longer reported in 2025 (was €5,882)
of which Financial income: -€5,882
- Other operating charges +€2,746
up €2,746 (+471%), from €583 to €3,329
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.
Derived cash bridge
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 | €158,298 | €135,157 | -€23,141 | -14.6% |
| Fixed assets | 21/28 | €135,962 | €92,093 | -€43,869 | -32.3% |
| Tangible fixed assets | 22/27 | €135,962 | €92,093 | -€43,869 | -32.3% |
| Plant, machinery and equipment | 23 | €572 | €141 | -€431 | -75.3% |
| Furniture and vehicles | 24 | €127,345 | €86,828 | -€40,517 | -31.8% |
| Other tangible fixed assets | 26 | €8,045 | €5,124 | -€2,921 | -36.3% |
| Current assets | 29/58 | €22,336 | €43,064 | +€20,728 | +92.8% |
| Amounts receivable within one year | 40/41 | €15,646 | €39,964 | +€24,318 | +155% |
| Trade receivables | 40 | €11,181 | €25,402 | +€14,221 | +127% |
| Other amounts receivable | 41 | €4,465 | €14,562 | +€10,097 | +226% |
| Cash at bank and in hand | 54/58 | €6,002 | €2,412 | -€3,590 | -59.8% |
| Deferred charges and accrued income | 490/1 | €688 | €688 | = | 0.0% |
| Total equity and liabilities | 10/49 | €158,298 | €135,157 | -€23,141 | -14.6% |
| Equity | 10/15 | €57,290 | €51,977 | -€5,313 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,690 | €33,377 | -€5,313 | -13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,830 | €31,517 | -€5,313 | -14.4% |
| Amounts payable | 17/49 | €101,008 | €83,180 | -€17,828 | -17.7% |
| Amounts payable after more than one year | 17 | €72,918 | €54,800 | -€18,118 | -24.8% |
| Financial debts | 170/4 | €72,918 | €54,800 | -€18,118 | -24.8% |
| Amounts payable within one year | 42/48 | €28,090 | €28,380 | +€290 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | - | €18,118 | +€18,118 | |
| Financial debts | 43 | €17,514 | - | -€17,514 | |
| Credit institutions | 430/8 | €17,514 | - | -€17,514 | |
| Trade debts | 44 | €2,104 | €8,454 | +€6,350 | +302% |
| Suppliers | 440/4 | €2,104 | €8,454 | +€6,350 | +302% |
| Taxes, remuneration and social security | 45 | €8,472 | €1,808 | -€6,664 | -78.7% |
| Taxes | 450/3 | €8,472 | €1,808 | -€6,664 | -78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,348 | €45,506 | +€17,158 | +60.5% |
| Other operating charges | 640/8 | €583 | €3,329 | +€2,746 | +471% |
| Gross operating margin | 9900 | €74,703 | €62,291 | -€12,412 | -16.6% |
| Operating profit (loss) | 9901 | €45,772 | €13,456 | -€32,316 | -70.6% |
| Financial income | 75/76B | €5,882 | - | -€5,882 | |
| Recurring financial income | 75 | €5,882 | - | -€5,882 | |
| Non-recurring financial income | 76B | €5,882 | - | -€5,882 | |
| Financial charges | 65/66B | €786 | €2,936 | +€2,150 | +274% |
| Recurring financial charges | 65 | €786 | €2,936 | +€2,150 | +274% |
| Profit (loss) for the period before taxes | 9903 | €50,868 | €10,520 | -€40,348 | -79.3% |
| Income taxes | 67/77 | €10,629 | €3,334 | -€7,295 | -68.6% |
| Profit (loss) for the period | 9904 | €40,239 | €7,186 | -€33,053 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,239 | €7,186 | -€33,053 | -82.1% |
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 29 October 2026 via checked.be.