LIMOU: 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.
LIMOU
Largest movements
- Tangible fixed assets -€17,270
down €17,270 (-5.0%), from €346,191 to €328,921
of which Land and buildings: -€10,558
- Stocks and contracts -€12,832
down €12,832 (-12.2%), from €105,319 to €92,487
- Cash +€7,851
up €7,851 (+16.2%), from €48,600 to €56,451
mainly Short-term financial debts (+€35,033) and Depreciation (+€17,590)
- Short-term financial debts +€35,033
new in 2025: €35,033
- Debts after one year -€20,963
down €20,963 (-6.7%), from €313,441 to €292,477
- Reserves -€19,459
down €19,459 (-19.1%), from €102,134 to €82,675
- Tax, wage and social debts -€7,807
down €7,807 (-42.9%), from €18,181 to €10,373
of which Taxes: -€6,077
- Other debts -€5,631
down €5,631 (-23.7%), from €23,717 to €18,087
- Gross operating margin -€23,822
down €23,822 (-40.0%), from €59,581 to €35,759
- Financial income -€2,337
down €2,337 (-90.4%), from €2,586 to €249
- Write-downs -€1,758
down €1,758, from €332 to -€1,426
- Other operating charges -€1,429
down €1,429 (-59.4%), from €2,405 to €976
- Taxes -€1,268
down €1,268 (-100%), from €1,268 to €0
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.
Derived cash bridge
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 | €504,162 | €482,858 | -€21,304 | -4.2% |
| Fixed assets | 21/28 | €346,511 | €328,921 | -€17,590 | -5.1% |
| Intangible fixed assets | 21 | €320 | €0 | -€320 | -100% |
| Tangible fixed assets | 22/27 | €346,191 | €328,921 | -€17,270 | -5.0% |
| Land and buildings | 22 | €326,865 | €316,307 | -€10,558 | -3.2% |
| Plant, machinery and equipment | 23 | €11,298 | €9,825 | -€1,473 | -13.0% |
| Furniture and vehicles | 24 | €8,028 | €2,789 | -€5,239 | -65.3% |
| Current assets | 29/58 | €157,651 | €153,937 | -€3,714 | -2.4% |
| Stocks and contracts in progress | 3 | €105,319 | €92,487 | -€12,832 | -12.2% |
| Stocks | 30/36 | €105,319 | €92,487 | -€12,832 | -12.2% |
| Amounts receivable within one year | 40/41 | €3,732 | €5,000 | +€1,268 | +34.0% |
| Other amounts receivable | 41 | €3,732 | €5,000 | +€1,268 | +34.0% |
| Cash at bank and in hand | 54/58 | €48,600 | €56,451 | +€7,851 | +16.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €504,162 | €482,858 | -€21,304 | -4.2% |
| Equity | 10/15 | €120,734 | €101,275 | -€19,459 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,134 | €82,675 | -€19,459 | -19.1% |
| Distributable reserves | 133 | €102,134 | €82,675 | -€19,459 | -19.1% |
| Amounts payable | 17/49 | €383,428 | €381,584 | -€1,844 | -0.5% |
| Amounts payable after more than one year | 17 | €313,441 | €292,477 | -€20,963 | -6.7% |
| Financial debts | 170/4 | €313,441 | €292,477 | -€20,963 | -6.7% |
| Amounts payable within one year | 42/48 | €69,573 | €88,688 | +€19,115 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €23,641 | €21,377 | -€2,264 | -9.6% |
| Financial debts | 43 | - | €35,033 | +€35,033 | |
| Credit institutions | 430/8 | - | €35,033 | +€35,033 | |
| Trade debts | 44 | €4,034 | €3,818 | -€216 | -5.4% |
| Suppliers | 440/4 | €4,034 | €3,818 | -€216 | -5.4% |
| Taxes, remuneration and social security | 45 | €18,181 | €10,373 | -€7,807 | -42.9% |
| Taxes | 450/3 | €8,434 | €2,357 | -€6,077 | -72.1% |
| Remuneration and social security | 454/9 | €9,747 | €8,016 | -€1,731 | -17.8% |
| Other amounts payable | 47/48 | €23,717 | €18,087 | -€5,631 | -23.7% |
| Accrued charges and deferred income | 492/3 | €414 | €418 | +€4 | +1.0% |
| Remuneration, social security and pensions | 62 | €26,306 | €26,932 | +€626 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,995 | €17,590 | -€405 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €332 | -€1,426 | -€1,758 | |
| Other operating charges | 640/8 | €2,405 | €976 | -€1,429 | -59.4% |
| Non-recurring operating charges | 66A | - | €1,130 | +€1,130 | |
| Gross operating margin | 9900 | €59,581 | €35,759 | -€23,822 | -40.0% |
| Operating profit (loss) | 9901 | €12,543 | -€9,443 | -€21,986 | |
| Financial income | 75/76B | €2,586 | €249 | -€2,337 | -90.4% |
| Recurring financial income | 75 | €2,586 | €249 | -€2,337 | -90.4% |
| Financial charges | 65/66B | €11,043 | €10,266 | -€778 | -7.0% |
| Recurring financial charges | 65 | €11,043 | €10,266 | -€778 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €4,086 | -€19,459 | -€23,545 | |
| Income taxes | 67/77 | €1,268 | €0 | -€1,268 | -100% |
| Profit (loss) for the period | 9904 | €2,818 | -€19,459 | -€22,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,818 | -€19,459 | -€22,277 |
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 19 October 2026 via checked.be.