LIMETREE CAPITAL: 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.
LIMETREE CAPITAL
Largest movements
- Cash +€16,682
up €16,682 (+6.2%), from €268,743 to €285,424
mainly Net result for the year (+€75,520) and Trade debts (+€5,048)
- Deferred charges and accrued income +€8,759
up €8,759 (+394%), from €2,221 to €10,979
- Reserves +€25,520
up €25,520 (+9.2%), from €276,414 to €301,934
- Trade debts +€5,048
up €5,048 (+951%), from €531 to €5,579
- Financial charges -€2,523
down €2,523 (-29.2%), from €8,629 to €6,105
- Gross operating margin +€1,755
up €1,755 (+1.7%), from €102,723 to €104,477
- Taxes +€1,507
up €1,507 (+7.5%), from €20,108 to €21,615
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 | €381,777 | €410,296 | +€28,519 | +7.5% |
| Fixed assets | 21/28 | €104,671 | €104,365 | -€306 | -0.3% |
| Tangible fixed assets | 22/27 | €671 | €365 | -€306 | -45.6% |
| Furniture and vehicles | 24 | €671 | €365 | -€306 | -45.6% |
| Financial fixed assets | 28 | €104,000 | €104,000 | = | 0.0% |
| Current assets | 29/58 | €277,105 | €305,931 | +€28,825 | +10.4% |
| Amounts receivable within one year | 40/41 | €6,142 | €9,527 | +€3,385 | +55.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,142 | €9,527 | +€3,385 | +55.1% |
| Cash at bank and in hand | 54/58 | €268,743 | €285,424 | +€16,682 | +6.2% |
| Deferred charges and accrued income | 490/1 | €2,221 | €10,979 | +€8,759 | +394% |
| Total equity and liabilities | 10/49 | €381,777 | €410,296 | +€28,519 | +7.5% |
| Equity | 10/15 | €281,414 | €306,934 | +€25,520 | +9.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €276,414 | €301,934 | +€25,520 | +9.2% |
| Distributable reserves | 133 | €276,414 | €301,934 | +€25,520 | +9.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €100,363 | €103,362 | +€2,999 | +3.0% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,363 | €28,362 | +€2,999 | +11.8% |
| Financial debts | 43 | €307 | €147 | -€161 | -52.3% |
| Credit institutions | 430/8 | €307 | €147 | -€161 | -52.3% |
| Trade debts | 44 | €531 | €5,579 | +€5,048 | +951% |
| Suppliers | 440/4 | €531 | €5,579 | +€5,048 | +951% |
| Taxes, remuneration and social security | 45 | €21,841 | €20,138 | -€1,703 | -7.8% |
| Taxes | 450/3 | €21,841 | €20,138 | -€1,703 | -7.8% |
| Other amounts payable | 47/48 | €2,684 | €2,498 | -€186 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €306 | +€59 | +23.7% |
| Other operating charges | 640/8 | €963 | €931 | -€33 | -3.4% |
| Gross operating margin | 9900 | €102,723 | €104,477 | +€1,755 | +1.7% |
| Operating profit (loss) | 9901 | €101,512 | €103,241 | +€1,729 | +1.7% |
| Financial charges | 65/66B | €8,629 | €6,105 | -€2,523 | -29.2% |
| Recurring financial charges | 65 | €8,629 | €6,105 | -€2,523 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €92,883 | €97,135 | +€4,252 | +4.6% |
| Income taxes | 67/77 | €20,108 | €21,615 | +€1,507 | +7.5% |
| Profit (loss) for the period | 9904 | €72,775 | €75,520 | +€2,745 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,775 | €75,520 | +€2,745 | +3.8% |
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.