LIMNING BENETT: 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.
LIMNING BENETT
Largest movements
- Receivables within one year +€30,538
up €30,538 (+54.8%), from €55,775 to €86,313
of which Trade receivables: +€30,594
- Cash +€3,185
up €3,185 (+14.8%), from €21,494 to €24,679
mainly Trade debts (+€58,280) and Tax, wage and social debts (+€4,821)
- Tangible fixed assets -€1,239
down €1,239 (-30.6%), from €4,044 to €2,805
- Trade debts +€58,280
up €58,280 (+130%), from €44,814 to €103,094
- Profit (loss) carried forward -€32,664
down €32,664 (-156%), from -€20,910 to -€53,574
- Tax, wage and social debts +€4,821
up €4,821 (+318%), from €1,516 to €6,338
- Gross operating margin -€37,447
down €37,447 (-1,848%), from -€2,026 to -€39,473
- Depreciation -€10,269
down €10,269 (-81.5%), from €12,598 to €2,329
- Financial income +€9,093
up €9,093 (+1,287%), from €707 to €9,800
- Other operating charges -€673
down €673 (-52.6%), from €1,281 to €607
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.
Derived cash bridge
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 | €85,995 | €116,607 | +€30,612 | +35.6% |
| Fixed assets | 21/28 | €7,348 | €5,019 | -€2,329 | -31.7% |
| Intangible fixed assets | 21 | €3,054 | €1,964 | -€1,090 | -35.7% |
| Tangible fixed assets | 22/27 | €4,044 | €2,805 | -€1,239 | -30.6% |
| Furniture and vehicles | 24 | €4,044 | €2,805 | -€1,239 | -30.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €78,647 | €111,588 | +€32,940 | +41.9% |
| Amounts receivable within one year | 40/41 | €55,775 | €86,313 | +€30,538 | +54.8% |
| Trade receivables | 40 | €55,719 | €86,313 | +€30,594 | +54.9% |
| Other amounts receivable | 41 | €55 | €0 | -€55 | -100% |
| Cash at bank and in hand | 54/58 | €21,494 | €24,679 | +€3,185 | +14.8% |
| Deferred charges and accrued income | 490/1 | €1,379 | €596 | -€783 | -56.8% |
| Total equity and liabilities | 10/49 | €85,995 | €116,607 | +€30,612 | +35.6% |
| Equity | 10/15 | -€2,003 | -€34,667 | -€32,664 | -1,631% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €307 | €307 | = | 0.0% |
| Distributable reserves | 133 | €307 | €307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,910 | -€53,574 | -€32,664 | -156% |
| Amounts payable | 17/49 | €87,998 | €151,274 | +€63,276 | +71.9% |
| Amounts payable within one year | 42/48 | €87,998 | €151,274 | +€63,276 | +71.9% |
| Trade debts | 44 | €44,814 | €103,094 | +€58,280 | +130% |
| Suppliers | 440/4 | €44,814 | €103,094 | +€58,280 | +130% |
| Taxes, remuneration and social security | 45 | €1,516 | €6,338 | +€4,821 | +318% |
| Taxes | 450/3 | €1,516 | €6,338 | +€4,821 | +318% |
| Other amounts payable | 47/48 | €41,667 | €41,842 | +€175 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,598 | €2,329 | -€10,269 | -81.5% |
| Other operating charges | 640/8 | €1,281 | €607 | -€673 | -52.6% |
| Gross operating margin | 9900 | -€2,026 | -€39,473 | -€37,447 | -1,848% |
| Operating profit (loss) | 9901 | -€15,904 | -€42,409 | -€26,505 | -167% |
| Financial income | 75/76B | €707 | €9,800 | +€9,093 | +1,287% |
| Recurring financial income | 75 | €707 | €9,800 | +€9,093 | +1,287% |
| Financial charges | 65/66B | €123 | €55 | -€68 | -54.9% |
| Recurring financial charges | 65 | €123 | €55 | -€68 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,320 | -€32,664 | -€17,344 | -113% |
| Profit (loss) for the period | 9904 | -€15,320 | -€32,664 | -€17,344 | -113% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,320 | -€32,664 | -€17,344 | -113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.