LIMITO: 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.
LIMITO
Largest movements
- Current investments +€700,009
up €700,009 (+8,041%), from €8,705 to €708,715
- Cash +€208,975
up €208,975 (+350%), from €59,697 to €268,673
mainly Net result for the year (+€907,633) and Other debts (+€900,000)
- Receivables after one year -€133,604
no longer reported in 2025 (was €133,604)
- Profit (loss) carried forward +€907,633
new in 2025: €907,633
- Reserves -€900,000
down €900,000 (-15.1%), from €6.0m to €5.1m
of which Distributable reserves: -€900,000
- Other debts +€900,000
new in 2025: €900,000
- Debts after one year -€165,808
down €165,808 (-8.1%), from €2.0m to €1.9m
- Financial income -€882,294
down €882,294 (-48.7%), from €1.8m to €928,916
of which Financial income: -€1.0m
- Taxes -€161,839
no longer reported in 2025 (was €161,839)
- Gross operating margin +€6,068
up €6,068 (+12.0%), from €50,752 to €56,820
- Financial charges -€4,033
down €4,033 (-10.1%), from €40,003 to €35,970
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 | €8,219,453 | €8,962,214 | +€742,761 | +9.0% |
| Fixed assets | 21/28 | €7,198,578 | €7,195,484 | -€3,094 | 0.0% |
| Tangible fixed assets | 22/27 | €1,952,682 | €1,919,955 | -€32,727 | -1.7% |
| Land and buildings | 22 | €1,952,682 | €1,919,955 | -€32,727 | -1.7% |
| Financial fixed assets | 28 | €5,245,896 | €5,275,530 | +€29,634 | +0.6% |
| Current assets | 29/58 | €1,020,875 | €1,766,730 | +€745,855 | +73.1% |
| Amounts receivable after more than one year | 29 | €133,604 | - | -€133,604 | |
| Trade receivables | 290 | €133,604 | - | -€133,604 | |
| Amounts receivable within one year | 40/41 | €818,868 | €789,343 | -€29,526 | -3.6% |
| Trade receivables | 40 | - | €2,963 | +€2,963 | |
| Other amounts receivable | 41 | €818,868 | €786,380 | -€32,488 | -4.0% |
| Current investments | 50/53 | €8,705 | €708,715 | +€700,009 | +8,041% |
| Cash at bank and in hand | 54/58 | €59,697 | €268,673 | +€208,975 | +350% |
| Total equity and liabilities | 10/49 | €8,219,453 | €8,962,214 | +€742,761 | +9.0% |
| Equity | 10/15 | €6,018,859 | €6,026,492 | +€7,633 | +0.1% |
| Contributions | 10/11 | €62,001 | €62,001 | = | 0.0% |
| Capital | 10 | €62,001 | €62,001 | = | 0.0% |
| Issued capital | 100 | €62,001 | €62,001 | = | 0.0% |
| Reserves | 13 | €5,956,858 | €5,056,858 | -€900,000 | -15.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €5,950,658 | €5,050,658 | -€900,000 | -15.1% |
| Profit (loss) carried forward | 14 | - | €907,633 | +€907,633 | |
| Amounts payable | 17/49 | €2,200,594 | €2,935,722 | +€735,128 | +33.4% |
| Amounts payable after more than one year | 17 | €2,034,626 | €1,868,818 | -€165,808 | -8.1% |
| Financial debts | 170/4 | €2,034,626 | €1,868,818 | -€165,808 | -8.1% |
| Amounts payable within one year | 42/48 | €165,968 | €1,066,904 | +€900,936 | +543% |
| Current portion of amounts payable after more than one year | 42 | €164,879 | €165,808 | +€929 | +0.6% |
| Trade debts | 44 | €1,089 | €1,096 | +€7 | +0.6% |
| Suppliers | 440/4 | €1,089 | €1,096 | +€7 | +0.6% |
| Other amounts payable | 47/48 | - | €900,000 | +€900,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,727 | €32,727 | +€0 | 0.0% |
| Other operating charges | 640/8 | €9,004 | €9,405 | +€401 | +4.5% |
| Gross operating margin | 9900 | €50,752 | €56,820 | +€6,068 | +12.0% |
| Operating profit (loss) | 9901 | €9,021 | €14,688 | +€5,667 | +62.8% |
| Financial income | 75/76B | €1,811,209 | €928,916 | -€882,294 | -48.7% |
| Recurring financial income | 75 | €1,273,905 | €241,711 | -€1.0m | -81.0% |
| Non-recurring financial income | 76B | €537,304 | €687,205 | +€149,901 | +27.9% |
| Financial charges | 65/66B | €40,003 | €35,970 | -€4,033 | -10.1% |
| Recurring financial charges | 65 | €40,003 | €35,970 | -€4,033 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €1,780,227 | €907,633 | -€872,594 | -49.0% |
| Income taxes | 67/77 | €161,839 | - | -€161,839 | |
| Profit (loss) for the period | 9904 | €1,618,388 | €907,633 | -€710,755 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,618,388 | €907,633 | -€710,755 | -43.9% |
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 14 October 2026 via checked.be.