Liminal Glitch Studios: what changed
Two fiscal 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.
Liminal Glitch Studios
Largest movements
- Cash -€3,056
down €3,056 (-61.6%), from €4,959 to €1,903
mainly Net result for the year (-€23,602)
- Tangible fixed assets -€1,321
down €1,321 (-31.9%), from €4,139 to €2,818
- Receivables within one year -€819
down €819 (-76.8%), from €1,066 to €247
- Profit (loss) carried forward -€23,602
down €23,602 (-206.4%), from -€11,433 to -€35,036
- Other debts +€12,478
up €12,478 (+69.3%), from €17,999 to €30,477
- Accrued charges and deferred income +€3,490
up €3,490 (+170.2%), from €2,050 to €5,540
- Trade debts +€2,302
up €2,302 (+1259.8%), from €183 to €2,485
- Tax, wage and social debts +€137
up €137 (+37.6%), from €365 to €502
- Gross operating margin -€17,176
down €17,176 (-623.4%), from -€2,755 to -€19,932
- Financial charges -€336
down €336 (-15.7%), from €2,142 to €1,806
- Depreciation +€310
up €310 (+30.6%), from €1,011 to €1,321
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.
Cash bridge derived
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 | €10,164 | €4,968 | -€5,196 | -51.1% |
| Fixed assets | 21/28 | €4,139 | €2,818 | -€1,321 | -31.9% |
| Tangible fixed assets | 22/27 | €4,139 | €2,818 | -€1,321 | -31.9% |
| Plant, machinery and equipment | 23 | €4,139 | €2,818 | -€1,321 | -31.9% |
| Current assets | 29/58 | €6,025 | €2,150 | -€3,874 | -64.3% |
| Amounts receivable within one year | 40/41 | €1,066 | €247 | -€819 | -76.8% |
| Other amounts receivable | 41 | €1,066 | €247 | -€819 | -76.8% |
| Cash at bank and in hand | 54/58 | €4,959 | €1,903 | -€3,056 | -61.6% |
| Total equity and liabilities | 10/49 | €10,164 | €4,968 | -€5,196 | -51.1% |
| Equity | 10/15 | -€10,433 | -€34,036 | -€23,602 | -226.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,433 | -€35,036 | -€23,602 | -206.4% |
| Amounts payable | 17/49 | €20,597 | €39,004 | +€18,407 | +89.4% |
| Amounts payable within one year | 42/48 | €18,547 | €33,464 | +€14,917 | +80.4% |
| Trade debts | 44 | €183 | €2,485 | +€2,302 | +1259.8% |
| Suppliers | 440/4 | €183 | €2,485 | +€2,302 | +1259.8% |
| Taxes, remuneration and social security | 45 | €365 | €502 | +€137 | +37.6% |
| Taxes | 450/3 | €365 | €502 | +€137 | +37.6% |
| Other amounts payable | 47/48 | €17,999 | €30,477 | +€12,478 | +69.3% |
| Accrued charges and deferred income | 492/3 | €2,050 | €5,540 | +€3,490 | +170.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,011 | €1,321 | +€310 | +30.6% |
| Other operating charges | 640/8 | €387 | €544 | +€156 | +40.4% |
| Gross operating margin | 9900 | -€2,755 | -€19,932 | -€17,176 | -623.4% |
| Operating profit (loss) | 9901 | -€4,154 | -€21,797 | -€17,643 | -424.7% |
| Financial charges | 65/66B | €2,142 | €1,806 | -€336 | -15.7% |
| Recurring financial charges | 65 | €2,142 | €1,806 | -€336 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,296 | -€23,602 | -€17,307 | -274.9% |
| Profit (loss) for the period | 9904 | -€6,296 | -€23,602 | -€17,307 | -274.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,296 | -€23,602 | -€17,307 | -274.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.