LIMNEE: 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.
LIMNEE
Largest movements
- Receivables within one year +€51,223
up €51,223 (+134.7%), from €38,032 to €89,255
of which Trade receivables: +€68,108
- Receivables after one year -€23,440
down €23,440 (-100.0%), from €23,440 to €0
- Tangible fixed assets +€22,600
up €22,600 (+312.0%), from €7,244 to €29,843
of which Furniture and vehicles: +€18,759
- Cash +€16,205
up €16,205 (+40.6%), from €39,909 to €56,114
mainly Net result for the year (+€68,602) and Receivables after one year (+€23,440)
- Reserves +€22,353
up €22,353 (+28.7%), from €77,941 to €100,294
of which Distributable reserves: +€22,353
- Other debts +€11,402
up €11,402, from €0 to €11,402
- Trade debts +€10,505
up €10,505 (+644.8%), from €1,629 to €12,134
- Accrued charges and deferred income +€8,041
up €8,041 (+285.4%), from €2,817 to €10,858
- Tax, wage and social debts +€5,971
up €5,971 (+52.9%), from €11,298 to €17,270
of which Taxes: +€5,971
- Gross operating margin +€50,111
up €50,111 (+105.5%), from €47,483 to €97,594
- Staff costs -€18,961
down €18,961 (-100.0%), from €18,961 to €0
- Taxes +€15,018
up €15,018 (+190.5%), from €7,883 to €22,901
- Depreciation +€2,182
up €2,182 (+212.0%), from €1,029 to €3,212
- Financial income -€1,300
down €1,300 (-91.1%), from €1,428 to €127
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 | €112,674 | €178,302 | +€65,627 | +58.2% |
| Fixed assets | 21/28 | €8,544 | €31,143 | +€22,600 | +264.5% |
| Tangible fixed assets | 22/27 | €7,244 | €29,843 | +€22,600 | +312.0% |
| Furniture and vehicles | 24 | €6,557 | €25,316 | +€18,759 | +286.1% |
| Other tangible fixed assets | 26 | €687 | €4,528 | +€3,841 | +559.0% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €104,131 | €147,158 | +€43,028 | +41.3% |
| Amounts receivable after more than one year | 29 | €23,440 | €0 | -€23,440 | -100.0% |
| Other amounts receivable | 291 | €23,440 | €0 | -€23,440 | -100.0% |
| Amounts receivable within one year | 40/41 | €38,032 | €89,255 | +€51,223 | +134.7% |
| Trade receivables | 40 | €20,796 | €88,905 | +€68,108 | +327.5% |
| Other amounts receivable | 41 | €17,236 | €350 | -€16,885 | -98.0% |
| Cash at bank and in hand | 54/58 | €39,909 | €56,114 | +€16,205 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,750 | €1,790 | -€960 | -34.9% |
| Total equity and liabilities | 10/49 | €112,674 | €178,302 | +€65,627 | +58.2% |
| Equity | 10/15 | €90,341 | €112,694 | +€22,353 | +24.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €77,941 | €100,294 | +€22,353 | +28.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €76,086 | €98,439 | +€22,353 | +29.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,334 | €65,608 | +€43,274 | +193.8% |
| Amounts payable within one year | 42/48 | €19,517 | €54,750 | +€35,234 | +180.5% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €7,715 | +€1,715 | +28.6% |
| Financial debts | 43 | €589 | €6,230 | +€5,640 | +956.8% |
| Credit institutions | 430/8 | €589 | €6,230 | +€5,640 | +956.8% |
| Trade debts | 44 | €1,629 | €12,134 | +€10,505 | +644.8% |
| Suppliers | 440/4 | €1,629 | €12,134 | +€10,505 | +644.8% |
| Taxes, remuneration and social security | 45 | €11,298 | €17,270 | +€5,971 | +52.9% |
| Taxes | 450/3 | €11,298 | €17,270 | +€5,971 | +52.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €11,402 | +€11,402 | |
| Accrued charges and deferred income | 492/3 | €2,817 | €10,858 | +€8,041 | +285.4% |
| Non-recurring operating income | 76A | - | €37,820 | +€37,820 | |
| Remuneration, social security and pensions | 62 | €18,961 | €0 | -€18,961 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | €3,212 | +€2,182 | +212.0% |
| Other operating charges | 640/8 | €1,831 | €1,730 | -€101 | -5.5% |
| Gross operating margin | 9900 | €47,483 | €97,594 | +€50,111 | +105.5% |
| Operating profit (loss) | 9901 | €25,662 | €92,652 | +€66,990 | +261.0% |
| Financial income | 75/76B | €1,428 | €127 | -€1,300 | -91.1% |
| Recurring financial income | 75 | €1,428 | €127 | -€1,300 | -91.1% |
| Financial charges | 65/66B | €631 | €1,276 | +€646 | +102.4% |
| Recurring financial charges | 65 | €631 | €1,276 | +€646 | +102.4% |
| Profit (loss) for the period before taxes | 9903 | €26,459 | €91,503 | +€65,044 | +245.8% |
| Income taxes | 67/77 | €7,883 | €22,901 | +€15,018 | +190.5% |
| Profit (loss) for the period | 9904 | €18,576 | €68,602 | +€50,026 | +269.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,576 | €68,602 | +€50,026 | +269.3% |
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 7 October 2026 via checked.be.