LIMIT: 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.
LIMIT
Largest movements
- Cash +€11,633
up €11,633 (+29.7%), from €39,216 to €50,849
mainly Net result for the year (+€19,636) and Trade debts (+€10,999)
- Receivables within one year +€3,915
up €3,915 (+59.9%), from €6,536 to €10,451
of which Other amounts receivable: +€2,500
- Deferred charges and accrued income -€1,367
down €1,367 (-52.7%), from €2,593 to €1,227
- Trade debts +€10,999
up €10,999 (+158%), from €6,978 to €17,977
- Tax, wage and social debts -€10,426
down €10,426 (-37.2%), from €28,034 to €17,609
of which Taxes: -€7,256
- Other debts +€9,933
up €9,933 (+6,502%), from €153 to €10,086
- Reserves +€9,550
up €9,550 (+36.6%), from €26,118 to €35,668
- Debts after one year -€5,031
down €5,031 (-69.9%), from €7,199 to €2,168
- Gross operating margin -€20,388
down €20,388 (-12.2%), from €167,712 to €147,324
- Staff costs -€6,724
down €6,724 (-6.0%), from €112,096 to €105,372
- Taxes +€3,875
up €3,875 (+871%), from €445 to €4,320
- Depreciation +€1,826
up €1,826 (+22.8%), from €8,002 to €9,827
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 | €93,110 | €107,369 | +€14,259 | +15.3% |
| Fixed assets | 21/28 | €32,797 | €33,642 | +€845 | +2.6% |
| Tangible fixed assets | 22/27 | €32,797 | €33,642 | +€845 | +2.6% |
| Land and buildings | 22 | €5,167 | €4,355 | -€812 | -15.7% |
| Plant, machinery and equipment | 23 | €12,102 | €13,774 | +€1,672 | +13.8% |
| Furniture and vehicles | 24 | €15,528 | €11,845 | -€3,683 | -23.7% |
| Other tangible fixed assets | 26 | - | €3,668 | +€3,668 | |
| Current assets | 29/58 | €60,312 | €73,726 | +€13,414 | +22.2% |
| Stocks and contracts in progress | 3 | €11,967 | €11,200 | -€767 | -6.4% |
| Stocks | 30/36 | €11,967 | €11,200 | -€767 | -6.4% |
| Amounts receivable within one year | 40/41 | €6,536 | €10,451 | +€3,915 | +59.9% |
| Trade receivables | 40 | €6,536 | €7,951 | +€1,415 | +21.6% |
| Other amounts receivable | 41 | €0 | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €39,216 | €50,849 | +€11,633 | +29.7% |
| Deferred charges and accrued income | 490/1 | €2,593 | €1,227 | -€1,367 | -52.7% |
| Total equity and liabilities | 10/49 | €93,110 | €107,369 | +€14,259 | +15.3% |
| Equity | 10/15 | €44,718 | €54,268 | +€9,550 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,118 | €35,668 | +€9,550 | +36.6% |
| Distributable reserves | 133 | €26,118 | €35,668 | +€9,550 | +36.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,392 | €53,101 | +€4,709 | +9.7% |
| Amounts payable after more than one year | 17 | €7,199 | €2,168 | -€5,031 | -69.9% |
| Financial debts | 170/4 | €7,199 | €2,168 | -€5,031 | -69.9% |
| Amounts payable within one year | 42/48 | €41,193 | €50,933 | +€9,740 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €6,027 | €5,031 | -€996 | -16.5% |
| Trade debts | 44 | €6,978 | €17,977 | +€10,999 | +158% |
| Suppliers | 440/4 | €6,978 | €17,977 | +€10,999 | +158% |
| Advances received on contracts in progress | 46 | - | €230 | +€230 | |
| Taxes, remuneration and social security | 45 | €28,034 | €17,609 | -€10,426 | -37.2% |
| Taxes | 450/3 | €17,158 | €9,902 | -€7,256 | -42.3% |
| Remuneration and social security | 454/9 | €10,877 | €7,707 | -€3,170 | -29.1% |
| Other amounts payable | 47/48 | €153 | €10,086 | +€9,933 | +6,502% |
| Remuneration, social security and pensions | 62 | €112,096 | €105,372 | -€6,724 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,002 | €9,827 | +€1,826 | +22.8% |
| Other operating charges | 640/8 | €8,620 | €8,135 | -€485 | -5.6% |
| Non-recurring operating charges | 66A | €486 | €0 | -€486 | -100% |
| Gross operating margin | 9900 | €167,712 | €147,324 | -€20,388 | -12.2% |
| Operating profit (loss) | 9901 | €38,509 | €23,990 | -€14,518 | -37.7% |
| Financial income | 75/76B | €0 | €1,105 | +€1,105 | +11,050,000% |
| Recurring financial income | 75 | €0 | €1,105 | +€1,105 | +11,050,000% |
| Financial charges | 65/66B | €1,766 | €1,139 | -€627 | -35.5% |
| Recurring financial charges | 65 | €1,766 | €1,139 | -€627 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €36,743 | €23,956 | -€12,787 | -34.8% |
| Income taxes | 67/77 | €445 | €4,320 | +€3,875 | +871% |
| Profit (loss) for the period | 9904 | €36,298 | €19,636 | -€16,662 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,298 | €19,636 | -€16,662 | -45.9% |
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 19 October 2026 via checked.be.