LIMOB: 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.
LIMOB
Largest movements
- Tangible fixed assets -€148,590
down €148,590 (-9.2%), from €1.6m to €1.5m
of which Land and buildings: -€146,610
- Cash +€99,788
up €99,788 (+1813.1%), from €5,504 to €105,291
mainly Depreciation (+€91,033) and Net result for the year (+€82,292)
- Debts after one year -€116,624
down €116,624 (-83.5%), from €139,710 to €23,086
of which Financial debts: -€115,104
- Reserves +€82,292
up €82,292 (+16.2%), from €506,996 to €589,288
of which Distributable reserves: +€207,224
- Tax, wage and social debts +€57,019
up €57,019 (+1305.2%), from €4,368 to €61,387
- Provisions -€45,231
no longer reported in 2025 (was €45,231)
- Other debts -€21,225
down €21,225 (-95.8%), from €22,162 to €937
- Gross operating margin +€163,985
up €163,985 (+365.6%), from €44,849 to €208,833
- Taxes +€55,505
up €55,505 (+18159.5%), from €306 to €55,810
- Depreciation -€6,009
down €6,009 (-6.2%), from €97,042 to €91,033
- Other operating charges -€3,224
down €3,224 (-13.3%), from €24,272 to €21,047
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.
Cash bridge derived
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 | €1,626,901 | €1,579,018 | -€47,883 | -2.9% |
| Fixed assets | 21/28 | €1,618,590 | €1,470,000 | -€148,590 | -9.2% |
| Tangible fixed assets | 22/27 | €1,618,540 | €1,469,950 | -€148,590 | -9.2% |
| Land and buildings | 22 | €1,582,544 | €1,435,934 | -€146,610 | -9.3% |
| Plant, machinery and equipment | 23 | €5,092 | €2,924 | -€2,168 | -42.6% |
| Furniture and vehicles | 24 | €30,905 | €31,092 | +€187 | +0.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €8,311 | €109,019 | +€100,708 | +1211.7% |
| Amounts receivable within one year | 40/41 | - | €1,121 | +€1,121 | |
| Trade receivables | 40 | - | €1,121 | +€1,121 | |
| Cash at bank and in hand | 54/58 | €5,504 | €105,291 | +€99,788 | +1813.1% |
| Deferred charges and accrued income | 490/1 | €2,807 | €2,607 | -€201 | -7.2% |
| Total equity and liabilities | 10/49 | €1,626,901 | €1,579,018 | -€47,883 | -2.9% |
| Equity | 10/15 | €1,391,996 | €1,474,288 | +€82,292 | +5.9% |
| Contributions | 10/11 | €885,000 | €885,000 | = | 0.0% |
| Capital | 10 | €885,000 | €885,000 | = | 0.0% |
| Issued capital | 100 | €885,000 | €885,000 | = | 0.0% |
| Reserves | 13 | €506,996 | €589,288 | +€82,292 | +16.2% |
| Non-distributable reserves | 130/1 | €26,909 | €37,815 | +€10,907 | +40.5% |
| Legal reserve | 130 | €26,909 | €37,815 | +€10,907 | +40.5% |
| Tax-exempt reserves | 132 | €135,839 | - | -€135,839 | |
| Distributable reserves | 133 | €344,249 | €551,473 | +€207,224 | +60.2% |
| Provisions and deferred taxes | 16 | €45,231 | - | -€45,231 | |
| Deferred taxes | 168 | €45,231 | - | -€45,231 | |
| Amounts payable | 17/49 | €189,674 | €104,730 | -€84,943 | -44.8% |
| Amounts payable after more than one year | 17 | €139,710 | €23,086 | -€116,624 | -83.5% |
| Financial debts | 170/4 | €125,104 | €10,000 | -€115,104 | -92.0% |
| Other amounts payable | 178/9 | €14,606 | €13,086 | -€1,520 | -10.4% |
| Amounts payable within one year | 42/48 | €41,083 | €72,637 | +€31,554 | +76.8% |
| Current portion of amounts payable after more than one year | 42 | €12,172 | €5,104 | -€7,068 | -58.1% |
| Trade debts | 44 | €1,115 | €1,482 | +€367 | +32.9% |
| Suppliers | 440/4 | €1,115 | €1,482 | +€367 | +32.9% |
| Advances received on contracts in progress | 46 | €1,265 | €3,726 | +€2,461 | +194.6% |
| Taxes, remuneration and social security | 45 | €4,368 | €61,387 | +€57,019 | +1305.2% |
| Taxes | 450/3 | €4,368 | €61,387 | +€57,019 | +1305.2% |
| Other amounts payable | 47/48 | €22,162 | €937 | -€21,225 | -95.8% |
| Accrued charges and deferred income | 492/3 | €8,880 | €9,007 | +€127 | +1.4% |
| Non-recurring operating income | 76A | €500 | €160,498 | +€159,998 | +31999.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,042 | €91,033 | -€6,009 | -6.2% |
| Other operating charges | 640/8 | €24,272 | €21,047 | -€3,224 | -13.3% |
| Non-recurring operating charges | 66A | - | €586 | +€586 | |
| Gross operating margin | 9900 | €44,849 | €208,833 | +€163,985 | +365.6% |
| Operating profit (loss) | 9901 | -€76,465 | €96,167 | +€172,632 | |
| Financial income | 75/76B | €14 | €49 | +€35 | +255.1% |
| Recurring financial income | 75 | €14 | €49 | +€35 | +255.1% |
| Financial charges | 65/66B | €3,372 | €3,345 | -€27 | -0.8% |
| Recurring financial charges | 65 | €3,372 | €3,345 | -€27 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€79,823 | €92,871 | +€172,694 | |
| Transfer from deferred taxes | 780 | €2,913 | €45,231 | +€42,318 | +1452.7% |
| Income taxes | 67/77 | €306 | €55,810 | +€55,505 | +18159.5% |
| Profit (loss) for the period | 9904 | -€77,216 | €82,292 | +€159,508 | |
| Transfer from tax-exempt reserves | 789 | €8,748 | €135,839 | +€127,090 | +1452.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,467 | €218,131 | +€286,598 |
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 11 October 2026 via checked.be.