LIMO MASA: 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 MASA
Largest movements
- Cash +€9,330
up €9,330 (+113%), from €8,227 to €17,556
mainly Net result for the year (+€10,581) and Tax, wage and social debts (+€7,159)
- Tangible fixed assets -€6,413
down €6,413 (-20.7%), from €30,997 to €24,584
- Receivables within one year +€816
up €816 (+10.9%), from €7,454 to €8,270
of which Trade receivables: +€3,720
- Debts after one year -€20,000
no longer reported in 2024 (was €20,000)
- Profit (loss) carried forward +€10,581
up €10,581 (+87.5%), from -€12,098 to -€1,517
- Tax, wage and social debts +€7,159
new in 2024: €7,159
- Other debts +€5,121
up €5,121 (+28.5%), from €17,958 to €23,079
- Trade debts +€872
up €872 (+5.5%), from €15,818 to €16,689
- Turnover +€70,250
up €70,250 (+305%), from €23,001 to €93,251
- Purchases and services +€57,592
up €57,592 (+525%), from €10,977 to €68,569
- Gross operating margin +€12,840
up €12,840 (+115%), from €11,191 to €24,032
- Staff costs +€2,997
new in 2024: €2,997
- Other operating charges -€2,653
down €2,653 (-60.7%), from €4,374 to €1,721
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,678 | €50,410 | +€3,732 | +8.0% |
| Fixed assets | 21/28 | €30,997 | €24,584 | -€6,413 | -20.7% |
| Tangible fixed assets | 22/27 | €30,997 | €24,584 | -€6,413 | -20.7% |
| Furniture and vehicles | 24 | €30,997 | €24,584 | -€6,413 | -20.7% |
| Current assets | 29/58 | €15,681 | €25,826 | +€10,146 | +64.7% |
| Amounts receivable within one year | 40/41 | €7,454 | €8,270 | +€816 | +10.9% |
| Trade receivables | 40 | €776 | €4,496 | +€3,720 | +479% |
| Other amounts receivable | 41 | €6,678 | €3,774 | -€2,903 | -43.5% |
| Cash at bank and in hand | 54/58 | €8,227 | €17,556 | +€9,330 | +113% |
| Total equity and liabilities | 10/49 | €46,678 | €50,410 | +€3,732 | +8.0% |
| Equity | 10/15 | -€7,098 | €3,483 | +€10,581 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,098 | -€1,517 | +€10,581 | +87.5% |
| Amounts payable | 17/49 | €53,776 | €46,928 | -€6,848 | -12.7% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Financial debts | 170/4 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €33,776 | €46,928 | +€13,152 | +38.9% |
| Trade debts | 44 | €15,818 | €16,689 | +€872 | +5.5% |
| Suppliers | 440/4 | €15,818 | €16,689 | +€872 | +5.5% |
| Taxes, remuneration and social security | 45 | - | €7,159 | +€7,159 | |
| Taxes | 450/3 | - | €7,159 | +€7,159 | |
| Other amounts payable | 47/48 | €17,958 | €23,079 | +€5,121 | +28.5% |
| Turnover | 70 | €23,001 | €93,251 | +€70,250 | +305% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,977 | €68,569 | +€57,592 | +525% |
| Remuneration, social security and pensions | 62 | - | €2,997 | +€2,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,319 | €6,413 | +€2,095 | +48.5% |
| Other operating charges | 640/8 | €4,374 | €1,721 | -€2,653 | -60.7% |
| Non-recurring operating charges | 66A | €14,521 | - | -€14,521 | |
| Gross operating margin | 9900 | €11,191 | €24,032 | +€12,840 | +115% |
| Operating profit (loss) | 9901 | -€12,022 | €12,900 | +€24,923 | |
| Financial charges | 65/66B | €75 | €2,320 | +€2,244 | +2,980% |
| Recurring financial charges | 65 | €75 | €2,320 | +€2,244 | +2,980% |
| Profit (loss) for the period before taxes | 9903 | -€12,098 | €10,581 | +€22,678 | |
| Profit (loss) for the period | 9904 | -€12,098 | €10,581 | +€22,678 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,098 | €10,581 | +€22,678 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.