LIMON: 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.
LIMON
Largest movements
- Current investments +€480,507
up €480,507 (+52.2%), from €920,645 to €1.4m
- Cash -€206,481
down €206,481 (-49.8%), from €414,762 to €208,280
mainly Current investments (-€480,507) and Contributions, distributions and other (-€338,735)
- Other debts +€342,456
up €342,456 (+8414.1%), from €4,070 to €346,526
- Reserves -€93,579
down €93,579 (-12.4%), from €754,066 to €660,487
- Gross operating margin +€49,487
up €49,487 (+16.2%), from €306,115 to €355,601
- Financial income -€46,081
down €46,081 (-59.9%), from €76,959 to €30,878
- Taxes -€6,150
down €6,150 (-5.7%), from €107,293 to €101,143
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 | €1,394,516 | €1,657,928 | +€263,412 | +18.9% |
| Fixed assets | 21/28 | €56,895 | €46,120 | -€10,775 | -18.9% |
| Tangible fixed assets | 22/27 | €56,895 | €46,120 | -€10,775 | -18.9% |
| Plant, machinery and equipment | 23 | €8,837 | €5,375 | -€3,461 | -39.2% |
| Furniture and vehicles | 24 | €6,148 | €4,086 | -€2,062 | -33.5% |
| Other tangible fixed assets | 26 | €41,910 | €36,659 | -€5,252 | -12.5% |
| Current assets | 29/58 | €1,337,621 | €1,611,808 | +€274,187 | +20.5% |
| Amounts receivable within one year | 40/41 | €2,215 | - | -€2,215 | |
| Trade receivables | 40 | €2,215 | - | -€2,215 | |
| Current investments | 50/53 | €920,645 | €1,401,152 | +€480,507 | +52.2% |
| Cash at bank and in hand | 54/58 | €414,762 | €208,280 | -€206,481 | -49.8% |
| Deferred charges and accrued income | 490/1 | - | €2,376 | +€2,376 | |
| Total equity and liabilities | 10/49 | €1,394,516 | €1,657,928 | +€263,412 | +18.9% |
| Equity | 10/15 | €1,280,222 | €1,186,642 | -€93,579 | -7.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €754,066 | €660,487 | -€93,579 | -12.4% |
| Distributable reserves | 133 | €754,066 | €660,487 | -€93,579 | -12.4% |
| Profit (loss) carried forward | 14 | €505,696 | €505,696 | = | 0.0% |
| Amounts payable | 17/49 | €114,295 | €471,286 | +€356,991 | +312.3% |
| Amounts payable within one year | 42/48 | €114,295 | €471,286 | +€356,991 | +312.3% |
| Trade debts | 44 | €396 | €1,245 | +€849 | +214.4% |
| Suppliers | 440/4 | €396 | €1,245 | +€849 | +214.4% |
| Taxes, remuneration and social security | 45 | €109,828 | €123,515 | +€13,686 | +12.5% |
| Taxes | 450/3 | €106,617 | €120,115 | +€13,497 | +12.7% |
| Remuneration and social security | 454/9 | €3,211 | €3,400 | +€189 | +5.9% |
| Other amounts payable | 47/48 | €4,070 | €346,526 | +€342,456 | +8414.1% |
| Remuneration, social security and pensions | 62 | €22,733 | €23,762 | +€1,030 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,530 | €10,775 | -€755 | -6.5% |
| Other operating charges | 640/8 | €3,938 | €4,119 | +€182 | +4.6% |
| Gross operating margin | 9900 | €306,115 | €355,601 | +€49,487 | +16.2% |
| Operating profit (loss) | 9901 | €267,915 | €316,945 | +€49,030 | +18.3% |
| Financial income | 75/76B | €76,959 | €30,878 | -€46,081 | -59.9% |
| Recurring financial income | 75 | €76,959 | €30,878 | -€46,081 | -59.9% |
| Financial charges | 65/66B | €1,223 | €1,525 | +€302 | +24.7% |
| Recurring financial charges | 65 | €1,223 | €1,525 | +€302 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €343,652 | €346,299 | +€2,648 | +0.8% |
| Income taxes | 67/77 | €107,293 | €101,143 | -€6,150 | -5.7% |
| Profit (loss) for the period | 9904 | €236,359 | €245,156 | +€8,797 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €236,359 | €245,156 | +€8,797 | +3.7% |
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 10 October 2026 via checked.be.