Limlodec: 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.
Limlodec
Largest movements
- Tangible fixed assets +€112,961
up €112,961 (+75.5%), from €149,541 to €262,502
of which Land and buildings: +€134,557
- Receivables within one year -€76,271
down €76,271 (-42.9%), from €177,834 to €101,563
of which Trade receivables: -€89,071
- Tax, wage and social debts +€22,675
up €22,675 (+19.0%), from €119,245 to €141,920
of which Taxes: +€29,444
- Profit (loss) carried forward +€21,107
up €21,107 (+7.5%), from -€280,162 to -€259,055
- Trade debts -€7,070
down €7,070 (-34.2%), from €20,651 to €13,582
- Other operating charges -€58,319
down €58,319 (-95.9%), from €60,839 to €2,520
- Taxes +€37,837
up €37,837 (+5707.7%), from €663 to €38,500
- Staff costs -€19,192
down €19,192 (-91.5%), from €20,974 to €1,782
- Gross operating margin +€11,052
up €11,052 (+52.0%), from -€21,261 to -€10,209
- Financial income -€3,697
down €3,697 (-54.4%), from €6,790 to €3,093
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 | €332,167 | €368,792 | +€36,625 | +11.0% |
| Fixed assets | 21/28 | €153,211 | €266,972 | +€113,761 | +74.3% |
| Tangible fixed assets | 22/27 | €149,541 | €262,502 | +€112,961 | +75.5% |
| Land and buildings | 22 | €89,467 | €224,023 | +€134,557 | +150.4% |
| Plant, machinery and equipment | 23 | - | €5,990 | +€5,990 | |
| Furniture and vehicles | 24 | €60,074 | €32,489 | -€27,585 | -45.9% |
| Financial fixed assets | 28 | €3,670 | €4,470 | +€800 | +21.8% |
| Current assets | 29/58 | €178,956 | €101,820 | -€77,137 | -43.1% |
| Amounts receivable within one year | 40/41 | €177,834 | €101,563 | -€76,271 | -42.9% |
| Trade receivables | 40 | €89,071 | - | -€89,071 | |
| Other amounts receivable | 41 | €88,762 | €101,563 | +€12,801 | +14.4% |
| Cash at bank and in hand | 54/58 | €608 | €43 | -€566 | -93.0% |
| Deferred charges and accrued income | 490/1 | €514 | €214 | -€300 | -58.4% |
| Total equity and liabilities | 10/49 | €332,167 | €368,792 | +€36,625 | +11.0% |
| Equity | 10/15 | -€5,496 | €15,612 | +€21,107 | |
| Contributions | 10/11 | €124,195 | €124,195 | = | 0.0% |
| Capital | 10 | €124,195 | €124,195 | = | 0.0% |
| Issued capital | 100 | €124,195 | €124,195 | = | 0.0% |
| Revaluation surpluses | 12 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €110,472 | €110,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,458 | €2,458 | = | 0.0% |
| Legal reserve | 130 | €2,458 | €2,458 | = | 0.0% |
| Distributable reserves | 133 | €108,014 | €108,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€280,162 | -€259,055 | +€21,107 | +7.5% |
| Amounts payable | 17/49 | €337,663 | €353,180 | +€15,517 | +4.6% |
| Amounts payable within one year | 42/48 | €337,663 | €353,180 | +€15,517 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €197,678 | €197,678 | = | 0.0% |
| Financial debts | 43 | €88 | - | -€88 | |
| Credit institutions | 430/8 | €88 | - | -€88 | |
| Trade debts | 44 | €20,651 | €13,582 | -€7,070 | -34.2% |
| Suppliers | 440/4 | €20,651 | €13,582 | -€7,070 | -34.2% |
| Taxes, remuneration and social security | 45 | €119,245 | €141,920 | +€22,675 | +19.0% |
| Taxes | 450/3 | €112,476 | €141,920 | +€29,444 | +26.2% |
| Remuneration and social security | 454/9 | €6,769 | - | -€6,769 | |
| Non-recurring operating income | 76A | €1,889 | €12,390 | +€10,501 | +555.9% |
| Remuneration, social security and pensions | 62 | €20,974 | €1,782 | -€19,192 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,149 | €33,469 | +€1,320 | +4.1% |
| Other operating charges | 640/8 | €60,839 | €2,520 | -€58,319 | -95.9% |
| Non-recurring operating charges | 66A | - | €10,029 | +€10,029 | |
| Gross operating margin | 9900 | -€21,261 | -€10,209 | +€11,052 | +52.0% |
| Operating profit (loss) | 9901 | -€135,222 | -€58,009 | +€77,213 | +57.1% |
| Financial income | 75/76B | €6,790 | €3,093 | -€3,697 | -54.4% |
| Recurring financial income | 75 | €6,790 | €3,093 | -€3,697 | -54.4% |
| Financial charges | 65/66B | €2,013 | €392 | -€1,621 | -80.5% |
| Recurring financial charges | 65 | €2,013 | €392 | -€1,621 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | -€130,445 | -€55,308 | +€75,137 | +57.6% |
| Income taxes | 67/77 | €663 | €38,500 | +€37,837 | +5707.7% |
| Profit (loss) for the period | 9904 | -€131,108 | -€93,808 | +€37,300 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,108 | -€93,808 | +€37,300 | +28.4% |
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 3 October 2026 via checked.be.