LIMESTONE MANAGEMENT: 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.
LIMESTONE MANAGEMENT
Largest movements
- Cash -€123,260
down €123,260 (-58.8%), from €209,599 to €86,339
mainly Trade debts (-€167,658) and Deferred charges and accrued income (-€11,638)
- Receivables within one year -€49,132
down €49,132 (-23.8%), from €206,750 to €157,618
of which Trade receivables: -€57,495
- Deferred charges and accrued income +€11,638
up €11,638 (+204%), from €5,700 to €17,338
- Trade debts -€167,658
down €167,658 (-47.2%), from €354,907 to €187,249
- Gross operating margin +€90,371
up €90,371 (+55.7%), from €162,197 to €252,568
- Staff costs +€87,801
up €87,801 (+57.0%), from €154,122 to €241,922
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 | €426,897 | €264,923 | -€161,973 | -37.9% |
| Fixed assets | 21/28 | €4,848 | €3,628 | -€1,219 | -25.2% |
| Tangible fixed assets | 22/27 | €4,848 | €3,628 | -€1,219 | -25.2% |
| Furniture and vehicles | 24 | €4,848 | €3,628 | -€1,219 | -25.2% |
| Current assets | 29/58 | €422,049 | €261,295 | -€160,754 | -38.1% |
| Amounts receivable within one year | 40/41 | €206,750 | €157,618 | -€49,132 | -23.8% |
| Trade receivables | 40 | €206,142 | €148,647 | -€57,495 | -27.9% |
| Other amounts receivable | 41 | €609 | €8,971 | +€8,363 | +1,374% |
| Cash at bank and in hand | 54/58 | €209,599 | €86,339 | -€123,260 | -58.8% |
| Deferred charges and accrued income | 490/1 | €5,700 | €17,338 | +€11,638 | +204% |
| Total equity and liabilities | 10/49 | €426,897 | €264,923 | -€161,973 | -37.9% |
| Equity | 10/15 | €20,578 | €21,609 | +€1,031 | +5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,178 | €9,209 | +€1,031 | +12.6% |
| Amounts payable | 17/49 | €406,319 | €243,314 | -€163,005 | -40.1% |
| Amounts payable within one year | 42/48 | €406,319 | €243,314 | -€163,005 | -40.1% |
| Trade debts | 44 | €354,907 | €187,249 | -€167,658 | -47.2% |
| Suppliers | 440/4 | €354,907 | €187,249 | -€167,658 | -47.2% |
| Taxes, remuneration and social security | 45 | €35,241 | €37,288 | +€2,047 | +5.8% |
| Taxes | 450/3 | €6,526 | €1,343 | -€5,183 | -79.4% |
| Remuneration and social security | 454/9 | €28,715 | €35,945 | +€7,231 | +25.2% |
| Other amounts payable | 47/48 | €16,171 | €18,778 | +€2,606 | +16.1% |
| Remuneration, social security and pensions | 62 | €154,122 | €241,922 | +€87,801 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,805 | €2,243 | +€438 | +24.3% |
| Other operating charges | 640/8 | €901 | €1,467 | +€565 | +62.7% |
| Gross operating margin | 9900 | €162,197 | €252,568 | +€90,371 | +55.7% |
| Operating profit (loss) | 9901 | €5,369 | €6,936 | +€1,567 | +29.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -98.2% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -98.2% |
| Financial charges | 65/66B | €146 | €205 | +€59 | +40.5% |
| Recurring financial charges | 65 | €146 | €205 | +€59 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €5,233 | €6,731 | +€1,498 | +28.6% |
| Income taxes | 67/77 | €3,692 | €5,700 | +€2,008 | +54.4% |
| Profit (loss) for the period | 9904 | €1,542 | €1,031 | -€510 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,542 | €1,031 | -€510 | -33.1% |
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 21 October 2026 via checked.be.