LIMECO BELGIUM: what changed
LIMECO BELGIUM
Largest movements
- Tangible fixed assets -€76,977
down €76,977 (-29.2%), from €263,545 to €186,569
of which Furniture and vehicles: -€73,912
- Receivables within one year +€36,531
up €36,531 (+13.2%), from €276,116 to €312,647
of which Trade receivables: +€62,167
- Cash -€34,031
down €34,031 (-29.3%), from €116,025 to €81,994
mainly Short-term financial debts (-€65,000) and Debts after one year (-€45,307)
- Current investments -€25,000
down €25,000 (-49.9%), from €50,088 to €25,088
- Stocks and contracts +€11,345
up €11,345 (+14.7%), from €77,226 to €88,570
- Short-term financial debts -€65,000
no longer reported in 2025 (was €65,000)
- Reserves +€49,622
up €49,622 (+11.9%), from €415,906 to €465,527
- Debts after one year -€45,307
down €45,307 (-48.1%), from €94,139 to €48,832
- Tax, wage and social debts -€12,565
down €12,565 (-47.6%), from €26,391 to €13,825
of which Remuneration and social security: -€13,456
- Other operating charges +€31,637
up €31,637 (+81.8%), from €38,687 to €70,324
- Staff costs -€28,733
down €28,733 (-35.6%), from €80,664 to €51,931
- Write-downs -€22,143
down €22,143, from €14,952 to -€7,192
- Gross operating margin -€21,148
down €21,148 (-7.0%), from €301,682 to €280,534
- Depreciation +€3,898
up €3,898 (+5.2%), from €75,104 to €79,002
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €785,684 | €701,506 | -€84,178 | -10.7% |
| Fixed assets | 21/28 | €264,090 | €187,114 | -€76,977 | -29.1% |
| Tangible fixed assets | 22/27 | €263,545 | €186,569 | -€76,977 | -29.2% |
| Plant, machinery and equipment | 23 | €21,284 | €18,219 | -€3,065 | -14.4% |
| Furniture and vehicles | 24 | €242,262 | €168,350 | -€73,912 | -30.5% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €521,594 | €514,393 | -€7,201 | -1.4% |
| Stocks and contracts in progress | 3 | €77,226 | €88,570 | +€11,345 | +14.7% |
| Stocks | 30/36 | €77,226 | €88,570 | +€11,345 | +14.7% |
| Amounts receivable within one year | 40/41 | €276,116 | €312,647 | +€36,531 | +13.2% |
| Trade receivables | 40 | €178,824 | €240,991 | +€62,167 | +34.8% |
| Other amounts receivable | 41 | €97,292 | €71,656 | -€25,636 | -26.3% |
| Current investments | 50/53 | €50,088 | €25,088 | -€25,000 | -49.9% |
| Cash at bank and in hand | 54/58 | €116,025 | €81,994 | -€34,031 | -29.3% |
| Deferred charges and accrued income | 490/1 | €2,140 | €6,094 | +€3,954 | +185% |
| Total equity and liabilities | 10/49 | €785,684 | €701,506 | -€84,178 | -10.7% |
| Equity | 10/15 | €434,506 | €484,127 | +€49,622 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €415,906 | €465,527 | +€49,622 | +11.9% |
| Distributable reserves | 133 | €415,906 | €465,527 | +€49,622 | +11.9% |
| Amounts payable | 17/49 | €351,179 | €217,379 | -€133,800 | -38.1% |
| Amounts payable after more than one year | 17 | €94,139 | €48,832 | -€45,307 | -48.1% |
| Financial debts | 170/4 | €94,139 | €48,832 | -€45,307 | -48.1% |
| Amounts payable within one year | 42/48 | €257,040 | €168,547 | -€88,492 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €44,625 | €45,307 | +€682 | +1.5% |
| Financial debts | 43 | €65,000 | - | -€65,000 | |
| Credit institutions | 430/8 | €65,000 | - | -€65,000 | |
| Trade debts | 44 | €105,176 | €97,433 | -€7,742 | -7.4% |
| Suppliers | 440/4 | €105,176 | €97,433 | -€7,742 | -7.4% |
| Taxes, remuneration and social security | 45 | €26,391 | €13,825 | -€12,565 | -47.6% |
| Taxes | 450/3 | €7,283 | €8,174 | +€891 | +12.2% |
| Remuneration and social security | 454/9 | €19,107 | €5,651 | -€13,456 | -70.4% |
| Other amounts payable | 47/48 | €15,848 | €11,982 | -€3,867 | -24.4% |
| Remuneration, social security and pensions | 62 | €80,664 | €51,931 | -€28,733 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,104 | €79,002 | +€3,898 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,952 | -€7,192 | -€22,143 | |
| Other operating charges | 640/8 | €38,687 | €70,324 | +€31,637 | +81.8% |
| Gross operating margin | 9900 | €301,682 | €280,534 | -€21,148 | -7.0% |
| Operating profit (loss) | 9901 | €92,275 | €86,469 | -€5,806 | -6.3% |
| Financial income | 75/76B | €14 | €1,166 | +€1,152 | +8,366% |
| Recurring financial income | 75 | €14 | €1,166 | +€1,152 | +8,366% |
| Financial charges | 65/66B | €13,821 | €12,978 | -€843 | -6.1% |
| Recurring financial charges | 65 | €13,821 | €12,978 | -€843 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €78,467 | €74,656 | -€3,811 | -4.9% |
| Income taxes | 67/77 | €24,128 | €25,035 | +€907 | +3.8% |
| Profit (loss) for the period | 9904 | €54,339 | €49,622 | -€4,717 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,339 | €49,622 | -€4,717 | -8.7% |
Next steps
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 7 November 2026 via checked.be.