LIMINDA: 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.
LIMINDA
Largest movements
- Receivables within one year -€68,967
down €68,967 (-72.3%), from €95,452 to €26,485
of which Trade receivables: -€57,228
- Stocks and contracts +€21,443
up €21,443 (+10.1%), from €213,262 to €234,705
- Deferred charges and accrued income +€10,992
new in 2025: €10,992
- Tangible fixed assets -€8,455
down €8,455 (-59.3%), from €14,247 to €5,792
of which Other tangible fixed assets: -€6,250
- Other debts -€93,860
down €93,860 (-65.0%), from €144,317 to €50,457
- Profit (loss) carried forward +€37,662
up €37,662 (+23.9%), from €157,622 to €195,284
- Advances received +€17,500
new in 2025: €17,500
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€6,821
down €6,821 (-67.1%), from €10,164 to €3,343
of which Taxes: -€7,126
- Turnover +€176,006
up €176,006 (+29.2%), from €603,464 to €779,470
- Purchases and services +€98,053
up €98,053 (+24.8%), from €395,041 to €493,094
- Gross operating margin +€39,051
up €39,051 (+15.1%), from €258,963 to €298,014
- Staff costs +€26,591
up €26,591 (+13.4%), from €198,077 to €224,668
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 | €344,294 | €302,492 | -€41,802 | -12.1% |
| Fixed assets | 21/28 | €14,247 | €5,792 | -€8,455 | -59.3% |
| Tangible fixed assets | 22/27 | €14,247 | €5,792 | -€8,455 | -59.3% |
| Furniture and vehicles | 24 | €7,997 | €5,792 | -€2,205 | -27.6% |
| Other tangible fixed assets | 26 | €6,250 | - | -€6,250 | |
| Current assets | 29/58 | €330,047 | €296,700 | -€33,347 | -10.1% |
| Stocks and contracts in progress | 3 | €213,262 | €234,705 | +€21,443 | +10.1% |
| Stocks | 30/36 | €213,262 | €234,705 | +€21,443 | +10.1% |
| Amounts receivable within one year | 40/41 | €95,452 | €26,485 | -€68,967 | -72.3% |
| Trade receivables | 40 | €59,321 | €2,093 | -€57,228 | -96.5% |
| Other amounts receivable | 41 | €36,131 | €24,391 | -€11,739 | -32.5% |
| Cash at bank and in hand | 54/58 | €21,334 | €24,518 | +€3,185 | +14.9% |
| Deferred charges and accrued income | 490/1 | - | €10,992 | +€10,992 | |
| Total equity and liabilities | 10/49 | €344,294 | €302,492 | -€41,802 | -12.1% |
| Equity | 10/15 | €178,082 | €215,744 | +€37,662 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,622 | €195,284 | +€37,662 | +23.9% |
| Amounts payable | 17/49 | €166,212 | €86,748 | -€79,464 | -47.8% |
| Amounts payable within one year | 42/48 | €166,212 | €86,748 | -€79,464 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €11,731 | €5,448 | -€6,284 | -53.6% |
| Suppliers | 440/4 | €11,731 | €5,448 | -€6,284 | -53.6% |
| Advances received on contracts in progress | 46 | - | €17,500 | +€17,500 | |
| Taxes, remuneration and social security | 45 | €10,164 | €3,343 | -€6,821 | -67.1% |
| Taxes | 450/3 | €8,123 | €997 | -€7,126 | -87.7% |
| Remuneration and social security | 454/9 | €2,041 | €2,346 | +€305 | +14.9% |
| Other amounts payable | 47/48 | €144,317 | €50,457 | -€93,860 | -65.0% |
| Turnover | 70 | €603,464 | €779,470 | +€176,006 | +29.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €395,041 | €493,094 | +€98,053 | +24.8% |
| Remuneration, social security and pensions | 62 | €198,077 | €224,668 | +€26,591 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,556 | €11,397 | +€1,841 | +19.3% |
| Other operating charges | 640/8 | €2,215 | €2,689 | +€474 | +21.4% |
| Gross operating margin | 9900 | €258,963 | €298,014 | +€39,051 | +15.1% |
| Operating profit (loss) | 9901 | €49,115 | €59,260 | +€10,146 | +20.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,173 | €5,207 | +€4,034 | +344% |
| Recurring financial charges | 65 | €1,173 | €5,207 | +€4,034 | +344% |
| Profit (loss) for the period before taxes | 9903 | €47,942 | €54,053 | +€6,111 | +12.7% |
| Income taxes | 67/77 | €14,269 | €16,391 | +€2,122 | +14.9% |
| Profit (loss) for the period | 9904 | €33,672 | €37,662 | +€3,990 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,672 | €37,662 | +€3,990 | +11.8% |
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 29 October 2026 via checked.be.