LIMITLESS EVENT: 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.
LIMITLESS EVENT
Largest movements
- Receivables after one year -€19,977
no longer reported in 2024 (was €19,977)
- Receivables within one year -€18,414
down €18,414 (-7.6%), from €242,829 to €224,415
of which Other amounts receivable: -€12,193
- Intangible fixed assets -€15,000
down €15,000 (-10.3%), from €146,055 to €131,055
- Tangible fixed assets -€8,781
down €8,781 (-15.9%), from €55,088 to €46,307
of which Other tangible fixed assets: -€5,000
- Cash +€6,347
up €6,347 (+10.3%), from €61,713 to €68,060
mainly Depreciation (+€30,781) and Receivables after one year (+€19,977)
- Profit (loss) carried forward -€43,384
down €43,384 (-20.1%), from €216,348 to €172,964
- Tax, wage and social debts -€30,153
down €30,153 (-19.6%), from €153,685 to €123,532
of which Remuneration and social security: -€15,437
- Other debts +€13,155
up €13,155 (+65.8%), from €20,000 to €33,155
- Gross operating margin -€254,599
down €254,599 (-46.1%), from €552,608 to €298,009
- Staff costs -€143,698
down €143,698 (-31.9%), from €450,758 to €307,060
- Taxes -€19,237
no longer reported in 2024 (was €19,237)
- Depreciation +€15,589
up €15,589 (+102.6%), from €15,192 to €30,781
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,174 | €504,101 | -€56,073 | -10.0% |
| Fixed assets | 21/28 | €234,982 | €211,201 | -€23,781 | -10.1% |
| Intangible fixed assets | 21 | €146,055 | €131,055 | -€15,000 | -10.3% |
| Tangible fixed assets | 22/27 | €55,088 | €46,307 | -€8,781 | -15.9% |
| Furniture and vehicles | 24 | €5,554 | €1,773 | -€3,781 | -68.1% |
| Other tangible fixed assets | 26 | €49,534 | €44,534 | -€5,000 | -10.1% |
| Financial fixed assets | 28 | €33,839 | €33,839 | = | 0.0% |
| Current assets | 29/58 | €325,192 | €292,899 | -€32,293 | -9.9% |
| Amounts receivable after more than one year | 29 | €19,977 | - | -€19,977 | |
| Other amounts receivable | 291 | €19,977 | - | -€19,977 | |
| Amounts receivable within one year | 40/41 | €242,829 | €224,415 | -€18,414 | -7.6% |
| Trade receivables | 40 | €222,482 | €216,261 | -€6,221 | -2.8% |
| Other amounts receivable | 41 | €20,347 | €8,154 | -€12,193 | -59.9% |
| Cash at bank and in hand | 54/58 | €61,713 | €68,060 | +€6,347 | +10.3% |
| Deferred charges and accrued income | 490/1 | €673 | €424 | -€248 | -36.9% |
| Total equity and liabilities | 10/49 | €560,174 | €504,101 | -€56,073 | -10.0% |
| Equity | 10/15 | €235,048 | €191,664 | -€43,384 | -18.5% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,348 | €172,964 | -€43,384 | -20.1% |
| Amounts payable | 17/49 | €325,126 | €312,437 | -€12,690 | -3.9% |
| Amounts payable within one year | 42/48 | €325,126 | €312,437 | -€12,690 | -3.9% |
| Trade debts | 44 | €151,442 | €155,750 | +€4,308 | +2.8% |
| Suppliers | 440/4 | €151,442 | €155,750 | +€4,308 | +2.8% |
| Taxes, remuneration and social security | 45 | €153,685 | €123,532 | -€30,153 | -19.6% |
| Taxes | 450/3 | €87,440 | €72,723 | -€14,716 | -16.8% |
| Remuneration and social security | 454/9 | €66,245 | €50,808 | -€15,437 | -23.3% |
| Other amounts payable | 47/48 | €20,000 | €33,155 | +€13,155 | +65.8% |
| Remuneration, social security and pensions | 62 | €450,758 | €307,060 | -€143,698 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,192 | €30,781 | +€15,589 | +102.6% |
| Other operating charges | 640/8 | €1,566 | €2,586 | +€1,020 | +65.1% |
| Non-recurring operating charges | 66A | - | €693 | +€693 | |
| Gross operating margin | 9900 | €552,608 | €298,009 | -€254,599 | -46.1% |
| Operating profit (loss) | 9901 | €85,093 | -€43,111 | -€128,203 | |
| Financial charges | 65/66B | €947 | €273 | -€674 | -71.1% |
| Recurring financial charges | 65 | €947 | €273 | -€674 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €84,146 | -€43,384 | -€127,530 | |
| Income taxes | 67/77 | €19,237 | - | -€19,237 | |
| Profit (loss) for the period | 9904 | €64,908 | -€43,384 | -€108,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,908 | -€43,384 | -€108,292 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.