LIMMO TEAM: 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.
LIMMO TEAM
Largest movements
- Tangible fixed assets -€53,975
down €53,975 (-6.7%), from €803,847 to €749,872
of which Land and buildings: -€54,093
- Profit (loss) carried forward -€48,679
down €48,679 (-26.9%), from -€180,687 to -€229,366
- Debts after one year -€18,246
down €18,246 (-7.5%), from €242,189 to €223,943
- Other debts +€10,786
up €10,786 (+3.4%), from €320,664 to €331,450
- Gross operating margin -€17,420
down €17,420 (-52.7%), from €33,070 to €15,650
- Depreciation -€836
down €836 (-1.5%), from €55,140 to €54,304
- Financial charges -€530
down €530 (-10.5%), from €5,065 to €4,535
- Other operating charges +€350
up €350 (+6.8%), from €5,140 to €5,490
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.
Derived cash bridge
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 | €810,260 | €755,580 | -€54,680 | -6.7% |
| Fixed assets | 21/28 | €803,847 | €749,872 | -€53,975 | -6.7% |
| Tangible fixed assets | 22/27 | €803,847 | €749,872 | -€53,975 | -6.7% |
| Land and buildings | 22 | €803,479 | €749,386 | -€54,093 | -6.7% |
| Plant, machinery and equipment | 23 | - | €279 | +€279 | |
| Furniture and vehicles | 24 | €368 | €207 | -€161 | -43.8% |
| Current assets | 29/58 | €6,413 | €5,708 | -€705 | -11.0% |
| Cash at bank and in hand | 54/58 | €4,752 | €1,586 | -€3,166 | -66.6% |
| Deferred charges and accrued income | 490/1 | €1,661 | €4,122 | +€2,461 | +148% |
| Total equity and liabilities | 10/49 | €810,260 | €755,580 | -€54,680 | -6.7% |
| Equity | 10/15 | €179,598 | €130,919 | -€48,679 | -27.1% |
| Contributions | 10/11 | €301,200 | €301,200 | = | 0.0% |
| Reserves | 13 | €59,085 | €59,085 | = | 0.0% |
| Distributable reserves | 133 | €59,085 | €59,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,687 | -€229,366 | -€48,679 | -26.9% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €590,662 | €584,661 | -€6,001 | -1.0% |
| Amounts payable after more than one year | 17 | €242,189 | €223,943 | -€18,246 | -7.5% |
| Financial debts | 170/4 | €242,189 | €223,943 | -€18,246 | -7.5% |
| Amounts payable within one year | 42/48 | €348,473 | €360,718 | +€12,245 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €26,846 | €27,172 | +€326 | +1.2% |
| Trade debts | 44 | €54 | €1,916 | +€1,862 | +3,448% |
| Suppliers | 440/4 | €54 | €1,916 | +€1,862 | +3,448% |
| Taxes, remuneration and social security | 45 | €909 | €180 | -€729 | -80.2% |
| Taxes | 450/3 | €909 | €180 | -€729 | -80.2% |
| Other amounts payable | 47/48 | €320,664 | €331,450 | +€10,786 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,140 | €54,304 | -€836 | -1.5% |
| Other operating charges | 640/8 | €5,140 | €5,490 | +€350 | +6.8% |
| Gross operating margin | 9900 | €33,070 | €15,650 | -€17,420 | -52.7% |
| Operating profit (loss) | 9901 | -€27,210 | -€44,144 | -€16,934 | -62.2% |
| Financial charges | 65/66B | €5,065 | €4,535 | -€530 | -10.5% |
| Recurring financial charges | 65 | €5,065 | €4,535 | -€530 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,275 | -€48,679 | -€16,404 | -50.8% |
| Profit (loss) for the period | 9904 | -€32,275 | -€48,679 | -€16,404 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,275 | -€48,679 | -€16,404 | -50.8% |
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 14 October 2026 via checked.be.