LIMMON: 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.
LIMMON
Largest movements
- Receivables after one year +€95,455
new in 2025: €95,455
- Receivables within one year -€54,768
down €54,768 (-89.5%), from €61,179 to €6,412
of which Other amounts receivable: -€52,552
- Stocks and contracts -€19,795
down €19,795 (-9.0%), from €220,449 to €200,655
- Cash -€11,052
down €11,052 (-69.2%), from €15,965 to €4,913
mainly Receivables after one year (-€95,455) and Debts after one year (-€13,100)
- Other debts +€23,422
up €23,422 (+58.8%), from €39,850 to €63,272
- Debts after one year -€13,100
down €13,100 (-57.1%), from €22,925 to €9,825
- Tax, wage and social debts -€5,112
down €5,112 (-26.6%), from €19,237 to €14,125
of which Taxes: -€3,312
- Reserves +€4,502
up €4,502 (+2.1%), from €214,470 to €218,973
- Gross operating margin -€26,587
down €26,587 (-58.4%), from €45,512 to €18,924
- Write-downs -€22,387
no longer reported in 2025 (was €22,387)
- Financial charges -€4,098
down €4,098 (-77.0%), from €5,324 to €1,226
- Financial income +€1,912
up €1,912 (+1567.7%), from €122 to €2,034
- Other operating charges -€1,208
down €1,208 (-34.2%), from €3,533 to €2,324
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.
Cash bridge derived
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 | €329,050 | €337,895 | +€8,845 | +2.7% |
| Fixed assets | 21/28 | €31,456 | €30,460 | -€996 | -3.2% |
| Tangible fixed assets | 22/27 | €28,261 | €27,265 | -€996 | -3.5% |
| Plant, machinery and equipment | 23 | €1,608 | €268 | -€1,340 | -83.3% |
| Furniture and vehicles | 24 | €3,265 | €5,653 | +€2,389 | +73.2% |
| Other tangible fixed assets | 26 | €23,389 | €21,344 | -€2,045 | -8.7% |
| Financial fixed assets | 28 | €3,195 | €3,195 | = | 0.0% |
| Current assets | 29/58 | €297,593 | €307,435 | +€9,841 | +3.3% |
| Amounts receivable after more than one year | 29 | - | €95,455 | +€95,455 | |
| Other amounts receivable | 291 | - | €95,455 | +€95,455 | |
| Stocks and contracts in progress | 3 | €220,449 | €200,655 | -€19,795 | -9.0% |
| Stocks | 30/36 | €220,449 | €200,655 | -€19,795 | -9.0% |
| Amounts receivable within one year | 40/41 | €61,179 | €6,412 | -€54,768 | -89.5% |
| Trade receivables | 40 | €4,473 | €2,257 | -€2,216 | -49.5% |
| Other amounts receivable | 41 | €56,707 | €4,155 | -€52,552 | -92.7% |
| Cash at bank and in hand | 54/58 | €15,965 | €4,913 | -€11,052 | -69.2% |
| Total equity and liabilities | 10/49 | €329,050 | €337,895 | +€8,845 | +2.7% |
| Equity | 10/15 | €233,070 | €237,573 | +€4,502 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,470 | €218,973 | +€4,502 | +2.1% |
| Distributable reserves | 133 | €214,470 | €218,973 | +€4,502 | +2.1% |
| Amounts payable | 17/49 | €95,979 | €100,322 | +€4,343 | +4.5% |
| Amounts payable after more than one year | 17 | €22,925 | €9,825 | -€13,100 | -57.1% |
| Financial debts | 170/4 | €22,925 | €9,825 | -€13,100 | -57.1% |
| Amounts payable within one year | 42/48 | €73,055 | €90,498 | +€17,443 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €13,100 | €13,100 | = | 0.0% |
| Trade debts | 44 | €867 | - | -€867 | |
| Suppliers | 440/4 | €867 | - | -€867 | |
| Taxes, remuneration and social security | 45 | €19,237 | €14,125 | -€5,112 | -26.6% |
| Taxes | 450/3 | €17,437 | €14,125 | -€3,312 | -19.0% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €39,850 | €63,272 | +€23,422 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,918 | €9,365 | +€446 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,387 | - | -€22,387 | |
| Other operating charges | 640/8 | €3,533 | €2,324 | -€1,208 | -34.2% |
| Gross operating margin | 9900 | €45,512 | €18,924 | -€26,587 | -58.4% |
| Operating profit (loss) | 9901 | €10,673 | €7,235 | -€3,438 | -32.2% |
| Financial income | 75/76B | €122 | €2,034 | +€1,912 | +1567.7% |
| Recurring financial income | 75 | €122 | €2,034 | +€1,912 | +1567.7% |
| Financial charges | 65/66B | €5,324 | €1,226 | -€4,098 | -77.0% |
| Recurring financial charges | 65 | €5,324 | €1,226 | -€4,098 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €5,471 | €8,044 | +€2,573 | +47.0% |
| Income taxes | 67/77 | €3,220 | €3,542 | +€322 | +10.0% |
| Profit (loss) for the period | 9904 | €2,251 | €4,502 | +€2,251 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,251 | €4,502 | +€2,251 | +100.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.