LIMO SILVER: 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.
LIMO SILVER
Largest movements
- Tangible fixed assets +€21,881
up €21,881 (+280.3%), from €7,805 to €29,687
- Financial fixed assets +€14,000
new in 2021: €14,000
- Current assets +€3,712
up €3,712 (+24.0%), from €15,457 to €19,169
of which Cash: +€5,176
- Debts within one year +€38,410
up €38,410 (+278.9%), from €13,773 to €52,183
of which Trade debts: +€37,467
- Equity +€1,183
up €1,183 (+12.5%), from €9,489 to €10,672
of which Contributions: +€18,600
- Purchases and services +€143,516
new in 2021: €143,516
- Turnover +€137,201
new in 2021: €137,201
- Gross operating margin +€9,667
up €9,667 (+220.8%), from €4,378 to €14,045
- Depreciation +€8,146
up €8,146 (+1774.1%), from €459 to €8,605
- Other operating charges +€4,176
new in 2021: €4,176
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,262 | €62,856 | +€39,593 | +170.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €7,805 | €43,687 | +€35,881 | +459.7% |
| Tangible fixed assets | 22/27 | €7,805 | €29,687 | +€21,881 | +280.3% |
| Furniture and vehicles | 24 | - | €29,687 | +€29,687 | |
| Financial fixed assets | 28 | - | €14,000 | +€14,000 | |
| Current assets | 29/58 | €15,457 | €19,169 | +€3,712 | +24.0% |
| Amounts receivable within one year | 40/41 | €5,041 | €3,304 | -€1,737 | -34.5% |
| Other amounts receivable | 41 | - | €3,304 | +€3,304 | |
| Cash at bank and in hand | 54/58 | €9,451 | €14,627 | +€5,176 | +54.8% |
| Deferred charges and accrued income | 490/1 | - | €1,239 | +€1,239 | |
| Total equity and liabilities | 10/49 | €23,262 | €62,856 | +€39,593 | +170.2% |
| Equity | 10/15 | €9,489 | €10,672 | +€1,183 | +12.5% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€9,111 | -€7,928 | +€1,183 | +13.0% |
| Amounts payable | 17/49 | €13,773 | €52,183 | +€38,410 | +278.9% |
| Amounts payable within one year | 42/48 | €13,773 | €52,183 | +€38,410 | +278.9% |
| Trade debts | 44 | €11,910 | €49,377 | +€37,467 | +314.6% |
| Suppliers | 440/4 | - | €49,377 | +€49,377 | |
| Other amounts payable | 47/48 | - | €2,807 | +€2,807 | |
| Turnover | 70 | - | €137,201 | +€137,201 | |
| Non-recurring operating income | 76A | - | €20,360 | +€20,360 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €143,516 | +€143,516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €8,605 | +€8,146 | +1774.1% |
| Other operating charges | 640/8 | - | €4,176 | +€4,176 | |
| Gross operating margin | 9900 | €4,378 | €14,045 | +€9,667 | +220.8% |
| Operating profit (loss) | 9901 | €2,462 | €1,264 | -€1,198 | -48.7% |
| Financial income | 75/76B | - | €216 | +€216 | |
| Recurring financial income | 75 | - | €216 | +€216 | |
| Financial charges | 65/66B | - | €297 | +€297 | |
| Recurring financial charges | 65 | €44 | €297 | +€253 | +573.3% |
| Profit (loss) for the period before taxes | 9903 | €2,418 | €1,183 | -€1,235 | -51.1% |
| Profit (loss) for the period | 9904 | €2,418 | €1,183 | -€1,235 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,418 | €1,183 | -€1,235 | -51.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.