Limine: 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.
Limine
Largest movements
- Receivables within one year +€79,018
up €79,018 (+26.4%), from €299,467 to €378,485
of which Trade receivables: +€66,441
- Cash +€47,537
up €47,537 (+16.2%), from €292,633 to €340,169
mainly Net result for the year (+€205,041) and Other debts (+€118,533)
- Tangible fixed assets +€16,237
new in 2025: €16,237
of which Land and buildings: +€14,913
- Other debts +€118,533
up €118,533 (+330.3%), from €35,892 to €154,425
- Reserves +€105,041
up €105,041 (+116.0%), from €90,569 to €195,611
- Trade debts -€70,913
down €70,913 (-16.6%), from €426,382 to €355,469
- Gross operating margin +€70,339
up €70,339 (+36.6%), from €192,314 to €262,653
- Taxes +€18,507
up €18,507 (+92.8%), from €19,947 to €38,454
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 | €592,100 | €737,994 | +€145,894 | +24.6% |
| Fixed assets | 21/28 | - | €16,237 | +€16,237 | |
| Tangible fixed assets | 22/27 | - | €16,237 | +€16,237 | |
| Land and buildings | 22 | - | €14,913 | +€14,913 | |
| Furniture and vehicles | 24 | - | €1,324 | +€1,324 | |
| Current assets | 29/58 | €592,100 | €721,757 | +€129,657 | +21.9% |
| Amounts receivable within one year | 40/41 | €299,467 | €378,485 | +€79,018 | +26.4% |
| Trade receivables | 40 | €299,467 | €365,908 | +€66,441 | +22.2% |
| Other amounts receivable | 41 | - | €12,577 | +€12,577 | |
| Cash at bank and in hand | 54/58 | €292,633 | €340,169 | +€47,537 | +16.2% |
| Deferred charges and accrued income | 490/1 | €0 | €3,102 | +€3,102 | |
| Total equity and liabilities | 10/49 | €592,100 | €737,994 | +€145,894 | +24.6% |
| Equity | 10/15 | €100,569 | €205,611 | +€105,041 | +104.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €90,569 | €195,611 | +€105,041 | +116.0% |
| Distributable reserves | 133 | €90,569 | €195,611 | +€105,041 | +116.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €491,531 | €532,383 | +€40,852 | +8.3% |
| Amounts payable within one year | 42/48 | €491,281 | €532,383 | +€41,102 | +8.4% |
| Financial debts | 43 | €491 | €649 | +€158 | +32.2% |
| Credit institutions | 430/8 | €491 | €649 | +€158 | +32.2% |
| Trade debts | 44 | €426,382 | €355,469 | -€70,913 | -16.6% |
| Suppliers | 440/4 | €426,382 | €355,469 | -€70,913 | -16.6% |
| Taxes, remuneration and social security | 45 | €28,516 | €21,840 | -€6,676 | -23.4% |
| Taxes | 450/3 | €28,516 | €19,820 | -€8,696 | -30.5% |
| Remuneration and social security | 454/9 | - | €2,021 | +€2,021 | |
| Other amounts payable | 47/48 | €35,892 | €154,425 | +€118,533 | +330.3% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100.0% |
| Remuneration, social security and pensions | 62 | €16,859 | €17,111 | +€252 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,574 | +€1,574 | |
| Other operating charges | 640/8 | €450 | €446 | -€5 | -1.0% |
| Gross operating margin | 9900 | €192,314 | €262,653 | +€70,339 | +36.6% |
| Operating profit (loss) | 9901 | €175,005 | €243,522 | +€68,518 | +39.2% |
| Financial income | 75/76B | €178 | €2 | -€176 | -99.1% |
| Recurring financial income | 75 | €178 | €2 | -€176 | -99.1% |
| Financial charges | 65/66B | €411 | €29 | -€382 | -93.0% |
| Recurring financial charges | 65 | €411 | €29 | -€382 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €174,771 | €243,495 | +€68,724 | +39.3% |
| Income taxes | 67/77 | €19,947 | €38,454 | +€18,507 | +92.8% |
| Profit (loss) for the period | 9904 | €154,825 | €205,041 | +€50,217 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €154,825 | €205,041 | +€50,217 | +32.4% |
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 6 October 2026 via checked.be.