LIMMART: 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.
LIMMART
Largest movements
- Cash +€81,210
up €81,210 (+9.6%), from €848,252 to €929,462
mainly Net result for the year (+€132,895) and Receivables within one year (+€28,797)
- Receivables within one year -€28,797
down €28,797 (-8.4%), from €341,212 to €312,415
of which Other amounts receivable: -€37,276
- Profit (loss) carried forward +€132,895
up €132,895 (+8.9%), from €1.5m to €1.6m
- Provisions -€50,900
no longer reported in 2024 (was €50,900)
- Tax, wage and social debts -€34,095
down €34,095 (-60.2%), from €56,595 to €22,500
- Gross operating margin +€16,127
up €16,127 (+14.2%), from €113,942 to €130,069
- Taxes +€10,335
up €10,335 (+25.8%), from €40,000 to €50,335
- Financial income +€3,049
up €3,049 (+4764.1%), from €64 to €3,113
of which Financial income: +€3,049
- Depreciation -€2,173
down €2,173 (-94.6%), from €2,298 to €125
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 | €1,939,298 | €1,991,586 | +€52,288 | +2.7% |
| Fixed assets | 21/28 | €749,834 | €749,709 | -€125 | 0.0% |
| Tangible fixed assets | 22/27 | €71,161 | €71,036 | -€125 | -0.2% |
| Furniture and vehicles | 24 | €125 | - | -€125 | |
| Assets under construction and advance payments | 27 | €71,036 | €71,036 | = | 0.0% |
| Financial fixed assets | 28 | €678,673 | €678,673 | = | 0.0% |
| Current assets | 29/58 | €1,189,464 | €1,241,877 | +€52,413 | +4.4% |
| Amounts receivable within one year | 40/41 | €341,212 | €312,415 | -€28,797 | -8.4% |
| Trade receivables | 40 | - | €8,479 | +€8,479 | |
| Other amounts receivable | 41 | €341,212 | €303,936 | -€37,276 | -10.9% |
| Cash at bank and in hand | 54/58 | €848,252 | €929,462 | +€81,210 | +9.6% |
| Total equity and liabilities | 10/49 | €1,939,298 | €1,991,586 | +€52,288 | +2.7% |
| Equity | 10/15 | €1,827,340 | €1,960,235 | +€132,895 | +7.3% |
| Contributions | 10/11 | €204,512 | €204,512 | = | 0.0% |
| Capital | 10 | €204,512 | €204,512 | = | 0.0% |
| Issued capital | 100 | €204,512 | €204,512 | = | 0.0% |
| Reserves | 13 | €135,451 | €135,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,451 | €20,451 | = | 0.0% |
| Legal reserve | 130 | €20,451 | €20,451 | = | 0.0% |
| Tax-exempt reserves | 132 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,487,377 | €1,620,272 | +€132,895 | +8.9% |
| Provisions and deferred taxes | 16 | €50,900 | - | -€50,900 | |
| Provisions for liabilities and charges | 160/5 | €50,900 | - | -€50,900 | |
| Other liabilities and charges | 164/5 | €50,900 | - | -€50,900 | |
| Amounts payable | 17/49 | €61,058 | €31,351 | -€29,707 | -48.7% |
| Amounts payable within one year | 42/48 | €61,058 | €31,351 | -€29,707 | -48.7% |
| Trade debts | 44 | €2,891 | - | -€2,891 | |
| Suppliers | 440/4 | €2,891 | - | -€2,891 | |
| Advances received on contracts in progress | 46 | - | €8,851 | +€8,851 | |
| Taxes, remuneration and social security | 45 | €56,595 | €22,500 | -€34,095 | -60.2% |
| Taxes | 450/3 | €56,595 | €22,500 | -€34,095 | -60.2% |
| Other amounts payable | 47/48 | €1,572 | - | -€1,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,298 | €125 | -€2,173 | -94.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,900 | -€50,900 | = | 0.0% |
| Other operating charges | 640/8 | €1,139 | - | -€1,139 | |
| Gross operating margin | 9900 | €113,942 | €130,069 | +€16,127 | +14.2% |
| Operating profit (loss) | 9901 | €161,405 | €180,844 | +€19,439 | +12.0% |
| Financial income | 75/76B | €64 | €3,113 | +€3,049 | +4764.1% |
| Recurring financial income | 75 | €64 | €3,113 | +€3,049 | +4764.1% |
| Non-recurring financial income | 76B | €64 | €3,113 | +€3,049 | +4764.1% |
| Financial charges | 65/66B | €719 | €727 | +€8 | +1.1% |
| Recurring financial charges | 65 | €719 | €727 | +€8 | +1.1% |
| Non-recurring financial charges | 66B | €719 | €727 | +€8 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €160,750 | €183,230 | +€22,480 | +14.0% |
| Income taxes | 67/77 | €40,000 | €50,335 | +€10,335 | +25.8% |
| Profit (loss) for the period | 9904 | €120,750 | €132,895 | +€12,145 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €120,750 | €132,895 | +€12,145 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.