LIMO GOLD: 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.
LIMO GOLD
Largest movements
- Tangible fixed assets -€20,425
down €20,425 (-100%), from €20,425 to €0
- Receivables within one year +€7,354
up €7,354 (+117%), from €6,268 to €13,622
of which Other amounts receivable: +€8,935
- Cash -€2,189
down €2,189 (-68.1%), from €3,215 to €1,026
mainly Trade debts (-€9,336) and Net result for the year (-€8,294)
- Trade debts -€9,336
down €9,336 (-100%), from €9,336 to €0
- Profit (loss) carried forward -€8,294
down €8,294 (-75.7%), from €10,959 to €2,665
- Tax, wage and social debts +€4,044
up €4,044 (+394%), from €1,027 to €5,071
of which Remuneration and social security: +€5,071
- Other debts -€1,674
no longer reported in 2023 (was €1,674)
- Turnover -€31,301
no longer reported in 2023 (was €31,301)
- Purchases and services -€29,442
no longer reported in 2023 (was €29,442)
- Gross operating margin +€7,536
up €7,536 (+405%), from €1,860 to €9,396
- Depreciation +€1,839
up €1,839 (+171%), from €1,075 to €2,914
- Taxes -€1,823
no longer reported in 2023 (was €1,823)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,907 | €14,648 | -€15,260 | -51.0% |
| Fixed assets | 21/28 | €20,425 | €0 | -€20,425 | -100% |
| Tangible fixed assets | 22/27 | €20,425 | €0 | -€20,425 | -100% |
| Furniture and vehicles | 24 | €20,425 | €0 | -€20,425 | -100% |
| Current assets | 29/58 | €9,482 | €14,648 | +€5,165 | +54.5% |
| Amounts receivable within one year | 40/41 | €6,268 | €13,622 | +€7,354 | +117% |
| Trade receivables | 40 | €2,863 | €1,283 | -€1,581 | -55.2% |
| Other amounts receivable | 41 | €3,405 | €12,339 | +€8,935 | +262% |
| Cash at bank and in hand | 54/58 | €3,215 | €1,026 | -€2,189 | -68.1% |
| Total equity and liabilities | 10/49 | €29,907 | €14,648 | -€15,260 | -51.0% |
| Equity | 10/15 | €17,871 | €9,577 | -€8,294 | -46.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €712 | €712 | = | 0.0% |
| Non-distributable reserves | 130/1 | €712 | €712 | = | 0.0% |
| Reserves not available under the articles | 1311 | €712 | €712 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,959 | €2,665 | -€8,294 | -75.7% |
| Amounts payable | 17/49 | €12,037 | €5,071 | -€6,966 | -57.9% |
| Amounts payable within one year | 42/48 | €12,037 | €5,071 | -€6,966 | -57.9% |
| Trade debts | 44 | €9,336 | €0 | -€9,336 | -100% |
| Suppliers | 440/4 | €9,336 | €0 | -€9,336 | -100% |
| Taxes, remuneration and social security | 45 | €1,027 | €5,071 | +€4,044 | +394% |
| Taxes | 450/3 | €1,027 | - | -€1,027 | |
| Remuneration and social security | 454/9 | - | €5,071 | +€5,071 | |
| Other amounts payable | 47/48 | €1,674 | - | -€1,674 | |
| Turnover | 70 | €31,301 | - | -€31,301 | |
| Goods, raw materials, services and sundry goods | 60/61 | €29,442 | - | -€29,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €2,914 | +€1,839 | +171% |
| Other operating charges | 640/8 | €768 | €47 | -€721 | -93.9% |
| Non-recurring operating charges | 66A | - | €14,511 | +€14,511 | |
| Gross operating margin | 9900 | €1,860 | €9,396 | +€7,536 | +405% |
| Operating profit (loss) | 9901 | €16 | -€8,076 | -€8,092 | |
| Financial charges | 65/66B | €190 | €218 | +€27 | +14.4% |
| Recurring financial charges | 65 | €190 | €218 | +€27 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€174 | -€8,294 | -€8,120 | -4,663% |
| Income taxes | 67/77 | €1,823 | - | -€1,823 | |
| Profit (loss) for the period | 9904 | -€1,997 | -€8,294 | -€6,297 | -315% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,997 | -€8,294 | -€6,297 | -315% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.