LIMEN: 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.
LIMEN
Largest movements
- Cash +€88,318
up €88,318 (+950%), from €9,298 to €97,616
mainly Net result for the year (+€86,798) and Depreciation (+€9,595)
- Tangible fixed assets -€9,595
down €9,595 (-7.9%), from €121,041 to €111,446
of which Leasing and similar rights: -€7,407
- Receivables within one year +€9,032
up €9,032 (+67.4%), from €13,401 to €22,433
of which Trade receivables: +€9,111
- Profit (loss) carried forward +€86,798
up €86,798 (+69.6%), from -€124,687 to -€37,889
- Trade debts -€7,990
down €7,990 (-84.4%), from €9,472 to €1,482
- Tax, wage and social debts +€7,573
up €7,573 (+279%), from €2,711 to €10,284
- Gross operating margin +€90,705
up €90,705 (+1,345%), from €6,746 to €97,451
- Depreciation -€10,014
down €10,014 (-51.1%), from €19,608 to €9,595
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 | €143,740 | €231,496 | +€87,756 | +61.1% |
| Fixed assets | 21/28 | €121,041 | €111,446 | -€9,595 | -7.9% |
| Tangible fixed assets | 22/27 | €121,041 | €111,446 | -€9,595 | -7.9% |
| Furniture and vehicles | 24 | €2,188 | - | -€2,188 | |
| Leasing and similar rights | 25 | €118,853 | €111,446 | -€7,407 | -6.2% |
| Current assets | 29/58 | €22,699 | €120,049 | +€97,350 | +429% |
| Amounts receivable within one year | 40/41 | €13,401 | €22,433 | +€9,032 | +67.4% |
| Trade receivables | 40 | €13,322 | €22,433 | +€9,111 | +68.4% |
| Other amounts receivable | 41 | €79 | - | -€79 | |
| Cash at bank and in hand | 54/58 | €9,298 | €97,616 | +€88,318 | +950% |
| Total equity and liabilities | 10/49 | €143,740 | €231,496 | +€87,756 | +61.1% |
| Equity | 10/15 | €34,556 | €121,354 | +€86,798 | +251% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €31,939 | €30,061 | -€1,879 | -5.9% |
| Reserves | 13 | €107,303 | €109,182 | +€1,879 | +1.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €105,303 | €107,182 | +€1,879 | +1.8% |
| Profit (loss) carried forward | 14 | -€124,687 | -€37,889 | +€86,798 | +69.6% |
| Provisions and deferred taxes | 16 | €91,174 | €91,174 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €91,174 | €91,174 | = | 0.0% |
| Pensions and similar obligations | 160 | €91,174 | €91,174 | = | 0.0% |
| Amounts payable | 17/49 | €18,010 | €18,968 | +€958 | +5.3% |
| Amounts payable within one year | 42/48 | €18,010 | €18,968 | +€958 | +5.3% |
| Trade debts | 44 | €9,472 | €1,482 | -€7,990 | -84.4% |
| Suppliers | 440/4 | €9,472 | €1,482 | -€7,990 | -84.4% |
| Taxes, remuneration and social security | 45 | €2,711 | €10,284 | +€7,573 | +279% |
| Taxes | 450/3 | €2,711 | €10,284 | +€7,573 | +279% |
| Other amounts payable | 47/48 | €5,827 | €7,202 | +€1,375 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,608 | €9,595 | -€10,014 | -51.1% |
| Other operating charges | 640/8 | €504 | €809 | +€305 | +60.4% |
| Gross operating margin | 9900 | €6,746 | €97,451 | +€90,705 | +1,345% |
| Operating profit (loss) | 9901 | -€13,367 | €87,047 | +€100,414 | |
| Financial income | 75/76B | €3 | €162 | +€159 | +5,286% |
| Recurring financial income | 75 | €3 | €162 | +€159 | +5,286% |
| Non-recurring financial income | 76B | - | €162 | +€162 | |
| Financial charges | 65/66B | €1,212 | €270 | -€942 | -77.7% |
| Recurring financial charges | 65 | €1,212 | €270 | -€942 | -77.7% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€14,576 | €86,939 | +€101,515 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€14,716 | €86,798 | +€101,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,716 | €86,798 | +€101,513 |
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 18 October 2026 via checked.be.