LIMCARS: 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.
LIMCARS
Largest movements
- Cash -€4,441
down €4,441 (-11.9%), from €37,420 to €32,978
mainly Investment in fixed assets (net) (-€9,871) and Other debts (-€2,087)
- Tangible fixed assets +€4,038
up €4,038 (+24.6%), from €16,402 to €20,440
of which Plant, machinery and equipment: +€5,859
- Receivables within one year -€2,459
down €2,459 (-12.4%), from €19,789 to €17,330
of which Trade receivables: -€2,428
- Other debts -€2,087
down €2,087 (-75.4%), from €2,767 to €680
- Accrued charges and deferred income -€825
down €825 (-100%), from €825 to €0
- Turnover -€79,758
down €79,758 (-52.8%), from €150,942 to €71,184
- Purchases and services -€71,612
down €71,612 (-52.1%), from €137,553 to €65,941
- Gross operating margin -€8,067
down €8,067 (-59.3%), from €13,604 to €5,538
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 | €73,611 | €70,749 | -€2,862 | -3.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,402 | €20,440 | +€4,038 | +24.6% |
| Tangible fixed assets | 22/27 | €16,402 | €20,440 | +€4,038 | +24.6% |
| Plant, machinery and equipment | 23 | €13,566 | €19,426 | +€5,859 | +43.2% |
| Furniture and vehicles | 24 | €1,234 | €867 | -€367 | -29.7% |
| Other tangible fixed assets | 26 | €1,602 | €148 | -€1,454 | -90.8% |
| Current assets | 29/58 | €57,209 | €50,309 | -€6,900 | -12.1% |
| Amounts receivable within one year | 40/41 | €19,789 | €17,330 | -€2,459 | -12.4% |
| Trade receivables | 40 | €19,078 | €16,650 | -€2,428 | -12.7% |
| Other amounts receivable | 41 | €711 | €680 | -€31 | -4.4% |
| Cash at bank and in hand | 54/58 | €37,420 | €32,978 | -€4,441 | -11.9% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €73,611 | €70,749 | -€2,862 | -3.9% |
| Equity | 10/15 | €59,788 | €59,290 | -€498 | -0.8% |
| Contributions | 10/11 | €104,000 | €104,000 | = | 0.0% |
| Reserves | 13 | €7,230 | €7,230 | = | 0.0% |
| Distributable reserves | 133 | €7,230 | €7,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,441 | -€51,939 | -€498 | -1.0% |
| Amounts payable | 17/49 | €13,823 | €11,459 | -€2,364 | -17.1% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,998 | €1,459 | -€1,539 | -51.3% |
| Trade debts | 44 | €139 | €686 | +€547 | +395% |
| Suppliers | 440/4 | €139 | €686 | +€547 | +395% |
| Taxes, remuneration and social security | 45 | €92 | €93 | +€1 | +0.8% |
| Taxes | 450/3 | €92 | €93 | +€1 | +0.8% |
| Other amounts payable | 47/48 | €2,767 | €680 | -€2,087 | -75.4% |
| Accrued charges and deferred income | 492/3 | €825 | €0 | -€825 | -100% |
| Turnover | 70 | €150,942 | €71,184 | -€79,758 | -52.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €137,553 | €65,941 | -€71,612 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,088 | €5,832 | +€745 | +14.6% |
| Other operating charges | 640/8 | €162 | €162 | = | 0.0% |
| Gross operating margin | 9900 | €13,604 | €5,538 | -€8,067 | -59.3% |
| Operating profit (loss) | 9901 | €8,355 | -€457 | -€8,812 | |
| Financial income | 75/76B | €70 | €2 | -€68 | -97.1% |
| Recurring financial income | 75 | €70 | €2 | -€68 | -97.1% |
| Financial charges | 65/66B | €40 | €43 | +€3 | +7.3% |
| Recurring financial charges | 65 | €40 | €43 | +€3 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €8,385 | -€498 | -€8,883 | |
| Profit (loss) for the period | 9904 | €8,385 | -€498 | -€8,883 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,385 | -€498 | -€8,883 |
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.