LIMONA: 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.
What changed
LIMONA
NACE 11.070, Manufacture of beverages
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,195
2024 · €24,827-€18,631
Equity
€2.1m
2024 · €2.1m+€6,195
Cash
€59,028
2024 · €36,663+€22,365
Balance sheet total
€2.8m
2024 · €2.5m+€281,104
Largest movements
Assets
- Tangible fixed assets +€251,960
up €251,960 (+10.1%), from €2.5m to €2.7m
Equity and liabilities
- Debts after one year +€230,561
up €230,561 (+67.5%), from €341,673 to €572,233
Income statement
- Depreciation +€32,732
up €32,732 (+46.4%), from €70,575 to €103,308
- Gross operating margin +€11,220
up €11,220 (+8.8%), from €127,362 to €138,582
- Taxes -€6,140
down €6,140 (-74.6%), from €8,235 to €2,095
- Financial charges +€2,721
up €2,721 (+29.7%), from €9,156 to €11,878
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.
Result 2024
€24,827
Gross operating margin
+€11,220
Depreciation
-€32,732
Other operating charges
-€537
Financial income
+€0
Financial charges
-€2,721
Taxes
+€6,140
Result 2025
€6,195
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.
From operations
+€133,867
Investment
-€355,268
Financing
+€243,766
Cash 2024
€36,663
From operations (derived)
+€133,867
Net result for the year
+€6,195
Depreciation
+€103,308
Receivables within one year
-€6,756
Deferred charges and accrued income
-€24
Trade debts
+€2,818
Other debts
+€18,332
Accrued charges and deferred income
+€9,993
Investment (derived)
-€355,268
Investment in fixed assets (net)
-€355,268
Financing
+€243,766
Debts after one year
+€230,561
Current portion of long-term debt
+€13,205
Cash 2025
€59,028
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,531,851 | €2,812,956 | +€281,104 | +11.1% |
| Fixed assets | 21/28 | €2,494,124 | €2,746,084 | +€251,960 | +10.1% |
| Tangible fixed assets | 22/27 | €2,494,124 | €2,746,084 | +€251,960 | +10.1% |
| Land and buildings | 22 | €2,494,124 | €2,746,084 | +€251,960 | +10.1% |
| Current assets | 29/58 | €37,728 | €66,872 | +€29,144 | +77.2% |
| Amounts receivable within one year | 40/41 | €1,065 | €7,821 | +€6,756 | +634.4% |
| Trade receivables | 40 | - | €186 | +€186 | |
| Other amounts receivable | 41 | €1,065 | €7,635 | +€6,570 | +617.0% |
| Cash at bank and in hand | 54/58 | €36,663 | €59,028 | +€22,365 | +61.0% |
| Deferred charges and accrued income | 490/1 | - | €24 | +€24 | |
| Total equity and liabilities | 10/49 | €2,531,851 | €2,812,956 | +€281,104 | +11.1% |
| Equity | 10/15 | €2,077,009 | €2,083,205 | +€6,195 | +0.3% |
| Contributions | 10/11 | €1,868,600 | €1,868,600 | = | 0.0% |
| Reserves | 13 | €8,264 | €8,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,264 | €8,264 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,264 | €8,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,145 | €206,341 | +€6,195 | +3.1% |
| Amounts payable | 17/49 | €454,842 | €729,751 | +€274,909 | +60.4% |
| Amounts payable after more than one year | 17 | €341,673 | €572,233 | +€230,561 | +67.5% |
| Financial debts | 170/4 | €341,673 | €572,233 | +€230,561 | +67.5% |
| Amounts payable within one year | 42/48 | €112,620 | €146,975 | +€34,356 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €75,141 | €88,347 | +€13,205 | +17.6% |
| Trade debts | 44 | €367 | €3,185 | +€2,818 | +768.0% |
| Suppliers | 440/4 | €367 | €3,185 | +€2,818 | +768.0% |
| Other amounts payable | 47/48 | €37,111 | €55,443 | +€18,332 | +49.4% |
| Accrued charges and deferred income | 492/3 | €550 | €10,543 | +€9,993 | +1816.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,575 | €103,308 | +€32,732 | +46.4% |
| Other operating charges | 640/8 | €14,569 | €15,106 | +€537 | +3.7% |
| Gross operating margin | 9900 | €127,362 | €138,582 | +€11,220 | +8.8% |
| Operating profit (loss) | 9901 | €42,218 | €20,168 | -€22,050 | -52.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,156 | €11,878 | +€2,721 | +29.7% |
| Recurring financial charges | 65 | €9,156 | €11,878 | +€2,721 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €33,062 | €8,291 | -€24,771 | -74.9% |
| Income taxes | 67/77 | €8,235 | €2,095 | -€6,140 | -74.6% |
| Profit (loss) for the period | 9904 | €24,827 | €6,195 | -€18,631 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,827 | €6,195 | -€18,631 | -75.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.