LIMOTEC: 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.
What changed
LIMOTEC
NACE 43.211, General electrical installation work
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€672,424
2025 · €509,136+€163,289
Equity
€3.9m
2025 · €3.9m-€27,576
Cash
€1,231
2025 · €2,444-€1,213
Balance sheet total
€6.6m
2025 · €6.1m+€465,439
Largest movements
Assets
- Receivables within one year +€448,786
up €448,786 (+21.6%), from €2.1m to €2.5m
of which Other amounts receivable: +€303,477
- Tangible fixed assets -€70,057
down €70,057 (-3.9%), from €1.8m to €1.7m
of which Land and buildings: -€72,494
- Stocks and contracts +€65,971
up €65,971 (+3.1%), from €2.1m to €2.2m
Equity and liabilities
- Other debts +€200,000
up €200,000 (+40.0%), from €500,000 to €700,000
- Accrued charges and deferred income +€126,120
up €126,120 (+74.9%), from €168,305 to €294,425
- Trade debts +€101,420
up €101,420 (+10.6%), from €958,902 to €1.1m
Income statement
- Turnover +€510,395
up €510,395 (+5.6%), from €9.1m to €9.6m
- Other operating income +€244,262
up €244,262 (+188%), from €130,180 to €374,441
- Staff costs +€228,729
up €228,729 (+9.3%), from €2.5m to €2.7m
- Goods and materials +€179,018
up €179,018 (+3.7%), from €4.9m to €5.1m
of which Purchases: +€540,205
- Services and other goods +€119,131
up €119,131 (+12.6%), from €943,229 to €1.1m
From the 2025 result to the 2026 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 2025
€509,136
Turnover
+€510,395
Other operating income
+€244,262
Goods and materials
-€179,018
Services and other goods
-€119,131
Staff costs
-€228,729
Depreciation
+€20,438
Write-downs
-€27,218
Provisions
-€2,495
Other operating charges
-€1,948
Financial income
+€14,733
Financial charges
-€13,435
Taxes
-€51,574
Deferred taxes and other
-€2,992
Result 2026
€672,424
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€844,167
Investment
-€145,380
Financing
-€700,000
Cash 2025
€2,444
From operations (derived)
+€844,167
Net result for the year
+€672,424
Depreciation
+€196,743
Stocks and contracts
-€65,971
Receivables within one year
-€448,786
Deferred charges and accrued income
-€3,258
Provisions
+€2,471
Trade debts
+€101,420
Tax, wage and social debts
+€64,238
Advances received
-€1,234
Other debts
+€200,000
Accrued charges and deferred income
+€126,120
Investment (derived)
-€145,380
Investment in fixed assets (net)
-€145,380
Financing
-€700,000
Contributions, distributions and other
-€700,000
Cash 2026
€1,231
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,085,387 | €6,550,825 | +€465,439 | +7.6% |
| Fixed assets | 21/28 | €1,843,254 | €1,791,891 | -€51,363 | -2.8% |
| Intangible fixed assets | 21 | €43,416 | €62,110 | +€18,694 | +43.1% |
| Tangible fixed assets | 22/27 | €1,799,838 | €1,729,782 | -€70,057 | -3.9% |
| Land and buildings | 22 | €1,420,147 | €1,347,653 | -€72,494 | -5.1% |
| Plant, machinery and equipment | 23 | €287,222 | €324,686 | +€37,463 | +13.0% |
| Furniture and vehicles | 24 | €92,469 | €57,442 | -€35,026 | -37.9% |
| Current assets | 29/58 | €4,242,133 | €4,758,934 | +€516,801 | +12.2% |
| Stocks and contracts in progress | 3 | €2,125,506 | €2,191,477 | +€65,971 | +3.1% |
| Stocks | 30/36 | €2,125,506 | €2,191,477 | +€65,971 | +3.1% |
| Goods purchased for resale | 34 | €2,125,506 | €2,191,477 | +€65,971 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,081,388 | €2,530,174 | +€448,786 | +21.6% |
| Trade receivables | 40 | €1,216,870 | €1,362,180 | +€145,310 | +11.9% |
| Other amounts receivable | 41 | €864,517 | €1,167,994 | +€303,477 | +35.1% |
| Cash at bank and in hand | 54/58 | €2,444 | €1,231 | -€1,213 | -49.6% |
| Deferred charges and accrued income | 490/1 | €32,794 | €36,052 | +€3,258 | +9.9% |
| Total equity and liabilities | 10/49 | €6,085,387 | €6,550,825 | +€465,439 | +7.6% |
| Equity | 10/15 | €3,890,547 | €3,862,971 | -€27,576 | -0.7% |
| Contributions | 10/11 | €744,000 | €744,000 | = | 0.0% |
| Capital | 10 | - | €744,000 | +€744,000 | |
| Issued capital | 100 | - | €744,000 | +€744,000 | |
| Revaluation surpluses | 12 | €831,307 | €806,483 | -€24,824 | -3.0% |
| Reserves | 13 | €2,315,239 | €2,312,488 | -€2,752 | -0.1% |
| Non-distributable reserves | 130/1 | - | €33,621 | +€33,621 | |
| Legal reserve | 130 | - | €33,621 | +€33,621 | |
| Distributable reserves | 133 | €2,315,239 | €2,278,867 | -€36,373 | -1.6% |
| Provisions and deferred taxes | 16 | €274 | €2,744 | +€2,471 | +902% |
| Provisions for liabilities and charges | 160/5 | €274 | €2,744 | +€2,471 | +902% |
| Other liabilities and charges | 164/5 | €274 | €2,744 | +€2,471 | +902% |
| Amounts payable | 17/49 | €2,194,566 | €2,685,110 | +€490,544 | +22.4% |
| Amounts payable within one year | 42/48 | €2,026,261 | €2,390,685 | +€364,424 | +18.0% |
| Trade debts | 44 | €958,902 | €1,060,321 | +€101,420 | +10.6% |
| Suppliers | 440/4 | €958,902 | €1,060,321 | +€101,420 | +10.6% |
| Advances received on contracts in progress | 46 | €1,823 | €589 | -€1,234 | -67.7% |
| Taxes, remuneration and social security | 45 | €565,536 | €629,775 | +€64,238 | +11.4% |
| Taxes | 450/3 | €159,157 | €166,800 | +€7,643 | +4.8% |
| Remuneration and social security | 454/9 | €406,379 | €462,975 | +€56,596 | +13.9% |
| Other amounts payable | 47/48 | €500,000 | €700,000 | +€200,000 | +40.0% |
| Accrued charges and deferred income | 492/3 | €168,305 | €294,425 | +€126,120 | +74.9% |
| Operating income | 70/76A | €9,197,121 | €9,951,778 | +€754,656 | +8.2% |
| Turnover | 70 | €9,066,941 | €9,577,336 | +€510,395 | +5.6% |
| Other operating income | 74 | €130,180 | €374,441 | +€244,262 | +188% |
| Operating charges | 60/66A | €8,481,809 | €9,019,910 | +€538,101 | +6.3% |
| Goods for resale, raw materials and consumables | 60 | €4,876,991 | €5,056,009 | +€179,018 | +3.7% |
| Purchases | 600/8 | €4,576,443 | €5,116,649 | +€540,205 | +11.8% |
| Change in stocks: decrease (increase) | 609 | €300,548 | -€60,640 | -€361,187 | |
| Services and other goods | 61 | €943,229 | €1,062,360 | +€119,131 | +12.6% |
| Remuneration, social security and pensions | 62 | €2,454,743 | €2,683,472 | +€228,729 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,181 | €196,743 | -€20,438 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€32,216 | -€4,999 | +€27,218 | +84.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€24 | €2,471 | +€2,495 | |
| Other operating charges | 640/8 | €21,906 | €23,853 | +€1,948 | +8.9% |
| Operating profit (loss) | 9901 | €715,313 | €931,868 | +€216,555 | +30.3% |
| Financial income | 75/76B | €12,163 | €26,897 | +€14,733 | +121% |
| Recurring financial income | 75 | €12,163 | €26,897 | +€14,733 | +121% |
| Income from current assets | 751 | €12,051 | €26,575 | +€14,524 | +121% |
| Other financial income | 752/9 | €112 | €322 | +€210 | +187% |
| Financial charges | 65/66B | €12,059 | €25,493 | +€13,435 | +111% |
| Recurring financial charges | 65 | €12,059 | €25,493 | +€13,435 | +111% |
| Debt charges | 650 | €2,970 | €10,814 | +€7,844 | +264% |
| Other financial charges | 652/9 | €9,089 | €14,679 | +€5,591 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €715,417 | €933,271 | +€217,854 | +30.5% |
| Transfer from deferred taxes | 780 | €2,992 | - | -€2,992 | |
| Income taxes | 67/77 | €209,273 | €260,847 | +€51,574 | +24.6% |
| Taxes | 670/3 | €209,273 | €260,847 | +€51,574 | +24.6% |
| Profit (loss) for the period | 9904 | €509,136 | €672,424 | +€163,289 | +32.1% |
| Transfer from tax-exempt reserves | 789 | €6,378 | - | -€6,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €515,514 | €672,424 | +€156,911 | +30.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.