LIMO KAOLO: 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 KAOLO
Largest movements
- Tangible fixed assets +€113,023
up €113,023 (+67.2%), from €168,189 to €281,212
of which Furniture and vehicles: +€97,250
- Cash -€14,731
down €14,731 (-79.7%), from €18,473 to €3,742
mainly Investment in fixed assets (net) (-€149,612) and Net result for the year (-€36,171)
- Other debts +€78,955
up €78,955 (+135%), from €58,575 to €137,530
- Profit (loss) carried forward -€36,171
down €36,171, from €11,355 to -€24,816
- Debts after one year +€32,736
up €32,736 (+44.4%), from €73,651 to €106,387
- Current portion of long-term debt +€11,728
up €11,728 (+208%), from €5,635 to €17,363
- Trade debts +€7,987
up €7,987 (+131%), from €6,087 to €14,074
- Depreciation +€15,402
up €15,402 (+72.7%), from €21,187 to €36,589
- Gross operating margin -€5,333
down €5,333 (-19.2%), from €27,755 to €22,422
- Other operating charges +€2,331
up €2,331 (+20.9%), from €11,160 to €13,491
- Financial income +€1,474
up €1,474 (+1,198%), from €123 to €1,597
- Financial charges +€1,463
up €1,463 (+45.2%), from €3,239 to €4,702
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,931 | €300,691 | +€97,760 | +48.2% |
| Fixed assets | 21/28 | €168,189 | €281,212 | +€113,023 | +67.2% |
| Tangible fixed assets | 22/27 | €168,189 | €281,212 | +€113,023 | +67.2% |
| Land and buildings | 22 | €136,166 | €152,142 | +€15,976 | +11.7% |
| Plant, machinery and equipment | 23 | €1,379 | €1,176 | -€203 | -14.7% |
| Furniture and vehicles | 24 | €30,644 | €127,894 | +€97,250 | +317% |
| Current assets | 29/58 | €34,742 | €19,479 | -€15,263 | -43.9% |
| Amounts receivable within one year | 40/41 | €11,568 | €8,694 | -€2,874 | -24.8% |
| Trade receivables | 40 | €8,068 | €8,608 | +€540 | +6.7% |
| Other amounts receivable | 41 | €3,500 | €86 | -€3,414 | -97.5% |
| Cash at bank and in hand | 54/58 | €18,473 | €3,742 | -€14,731 | -79.7% |
| Deferred charges and accrued income | 490/1 | €4,701 | €7,043 | +€2,342 | +49.8% |
| Total equity and liabilities | 10/49 | €202,931 | €300,691 | +€97,760 | +48.2% |
| Equity | 10/15 | €54,663 | €18,492 | -€36,171 | -66.2% |
| Contributions | 10/11 | €43,200 | €43,308 | +€108 | +0.3% |
| Reserves | 13 | €108 | - | -€108 | |
| Non-distributable reserves | 130/1 | €108 | - | -€108 | |
| Reserves not available under the articles | 1311 | €108 | - | -€108 | |
| Profit (loss) carried forward | 14 | €11,355 | -€24,816 | -€36,171 | |
| Amounts payable | 17/49 | €148,268 | €282,199 | +€133,931 | +90.3% |
| Amounts payable after more than one year | 17 | €73,651 | €106,387 | +€32,736 | +44.4% |
| Financial debts | 170/4 | €73,651 | €106,387 | +€32,736 | +44.4% |
| Amounts payable within one year | 42/48 | €73,985 | €175,812 | +€101,827 | +138% |
| Current portion of amounts payable after more than one year | 42 | €5,635 | €17,363 | +€11,728 | +208% |
| Trade debts | 44 | €6,087 | €14,074 | +€7,987 | +131% |
| Suppliers | 440/4 | €6,087 | €14,074 | +€7,987 | +131% |
| Taxes, remuneration and social security | 45 | €3,688 | €6,845 | +€3,157 | +85.6% |
| Taxes | 450/3 | €2,469 | €3,373 | +€904 | +36.6% |
| Remuneration and social security | 454/9 | €1,219 | €3,472 | +€2,253 | +185% |
| Other amounts payable | 47/48 | €58,575 | €137,530 | +€78,955 | +135% |
| Accrued charges and deferred income | 492/3 | €632 | - | -€632 | |
| Remuneration, social security and pensions | 62 | €3,253 | €2,210 | -€1,043 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,187 | €36,589 | +€15,402 | +72.7% |
| Other operating charges | 640/8 | €11,160 | €13,491 | +€2,331 | +20.9% |
| Non-recurring operating charges | 66A | €913 | €2,284 | +€1,371 | +150% |
| Gross operating margin | 9900 | €27,755 | €22,422 | -€5,333 | -19.2% |
| Operating profit (loss) | 9901 | -€8,758 | -€32,152 | -€23,394 | -267% |
| Financial income | 75/76B | €123 | €1,597 | +€1,474 | +1,198% |
| Recurring financial income | 75 | €123 | €1,597 | +€1,474 | +1,198% |
| Financial charges | 65/66B | €3,239 | €4,702 | +€1,463 | +45.2% |
| Recurring financial charges | 65 | €3,239 | €4,702 | +€1,463 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,874 | -€35,257 | -€23,383 | -197% |
| Income taxes | 67/77 | - | €914 | +€914 | |
| Profit (loss) for the period | 9904 | -€11,874 | -€36,171 | -€24,297 | -205% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,874 | -€36,171 | -€24,297 | -205% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.