LIMBOURG FINANCES: 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 FINANCES
Largest movements
- Cash -€63,642
down €63,642 (-99.4%), from €64,013 to €371
mainly Investment in fixed assets (net) (-€73,386) and Contributions, distributions and other (-€67,115)
- Tangible fixed assets +€16,669
up €16,669 (+3.0%), from €547,442 to €564,110
of which Furniture and vehicles: +€41,795
- Reserves -€64,300
down €64,300 (-34.8%), from €184,678 to €120,378
of which Distributable reserves: -€64,300
- Other debts +€50,593
up €50,593 (+340%), from €14,882 to €65,475
- Tax, wage and social debts -€24,754
down €24,754 (-96.2%), from €25,723 to €969
- Debts after one year +€16,843
up €16,843 (+33.7%), from €49,932 to €66,776
- Profit (loss) carried forward -€14,231
down €14,231 (-4.9%), from €293,335 to €279,103
- Taxes +€7,090
up €7,090, from -€6,107 to €983
- Gross operating margin -€7,054
down €7,054 (-13.1%), from €53,977 to €46,923
- Depreciation +€1,352
up €1,352 (+2.4%), from €55,365 to €56,718
- Financial income -€1,098
down €1,098 (-27.5%), from €4,001 to €2,902
- Other operating charges -€903
down €903 (-13.6%), from €6,624 to €5,721
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 | €616,448 | €574,916 | -€41,532 | -6.7% |
| Fixed assets | 21/28 | €547,442 | €564,110 | +€16,669 | +3.0% |
| Tangible fixed assets | 22/27 | €547,442 | €564,110 | +€16,669 | +3.0% |
| Land and buildings | 22 | €486,948 | €463,266 | -€23,682 | -4.9% |
| Plant, machinery and equipment | 23 | €5,822 | €4,378 | -€1,444 | -24.8% |
| Furniture and vehicles | 24 | €54,671 | €96,466 | +€41,795 | +76.4% |
| Current assets | 29/58 | €69,006 | €10,806 | -€58,200 | -84.3% |
| Amounts receivable within one year | 40/41 | - | €4,131 | +€4,131 | |
| Other amounts receivable | 41 | - | €4,131 | +€4,131 | |
| Cash at bank and in hand | 54/58 | €64,013 | €371 | -€63,642 | -99.4% |
| Deferred charges and accrued income | 490/1 | €4,994 | €6,304 | +€1,311 | +26.2% |
| Total equity and liabilities | 10/49 | €616,448 | €574,916 | -€41,532 | -6.7% |
| Equity | 10/15 | €487,028 | €405,682 | -€81,346 | -16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €184,678 | €120,378 | -€64,300 | -34.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,030 | €10,030 | = | 0.0% |
| Distributable reserves | 133 | €172,789 | €108,489 | -€64,300 | -37.2% |
| Profit (loss) carried forward | 14 | €293,335 | €279,103 | -€14,231 | -4.9% |
| Investment grants | 15 | €2,815 | - | -€2,815 | |
| Provisions and deferred taxes | 16 | €1,460 | - | -€1,460 | |
| Deferred taxes | 168 | €1,460 | - | -€1,460 | |
| Amounts payable | 17/49 | €127,961 | €169,235 | +€41,274 | +32.3% |
| Amounts payable after more than one year | 17 | €49,932 | €66,776 | +€16,843 | +33.7% |
| Financial debts | 170/4 | €49,932 | €66,776 | +€16,843 | +33.7% |
| Amounts payable within one year | 42/48 | €74,578 | €98,959 | +€24,381 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €31,449 | €31,602 | +€153 | +0.5% |
| Financial debts | 43 | - | €801 | +€801 | |
| Credit institutions | 430/8 | - | €801 | +€801 | |
| Trade debts | 44 | €2,524 | €112 | -€2,412 | -95.6% |
| Suppliers | 440/4 | €2,524 | €112 | -€2,412 | -95.6% |
| Taxes, remuneration and social security | 45 | €25,723 | €969 | -€24,754 | -96.2% |
| Taxes | 450/3 | €25,723 | €969 | -€24,754 | -96.2% |
| Other amounts payable | 47/48 | €14,882 | €65,475 | +€50,593 | +340% |
| Accrued charges and deferred income | 492/3 | €3,450 | €3,500 | +€50 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,365 | €56,718 | +€1,352 | +2.4% |
| Other operating charges | 640/8 | €6,624 | €5,721 | -€903 | -13.6% |
| Gross operating margin | 9900 | €53,977 | €46,923 | -€7,054 | -13.1% |
| Operating profit (loss) | 9901 | -€8,013 | -€15,516 | -€7,503 | -93.6% |
| Financial income | 75/76B | €4,001 | €2,902 | -€1,098 | -27.5% |
| Recurring financial income | 75 | €4,001 | €2,902 | -€1,098 | -27.5% |
| Financial charges | 65/66B | €1,932 | €2,094 | +€162 | +8.4% |
| Recurring financial charges | 65 | €1,932 | €2,094 | +€162 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,944 | -€14,707 | -€8,764 | -147% |
| Transfer from deferred taxes | 780 | €1,849 | €1,460 | -€390 | -21.1% |
| Income taxes | 67/77 | -€6,107 | €983 | +€7,090 | |
| Profit (loss) for the period | 9904 | €2,013 | -€14,231 | -€16,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,013 | -€14,231 | -€16,244 |
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 25 October 2026 via checked.be.