LIMOX: 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
LIMOX
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€120,522
2024 · €110,928+€9,594
Equity
€2.2m
2024 · €2.1m+€111,093
Cash
€203,818
2024 · €210,137-€6,318
Balance sheet total
€3.2m
2024 · €3.0m+€157,759
Largest movements
Assets
- Receivables within one year +€275,016
up €275,016 (+10.7%), from €2.6m to €2.8m
of which Other amounts receivable: +€279,164
- Tangible fixed assets -€110,939
down €110,939 (-47.6%), from €232,964 to €122,026
of which Plant, machinery and equipment: -€97,913
Equity and liabilities
- Debts after one year -€140,234
down €140,234 (-25.0%), from €560,948 to €420,715
- Reserves +€120,522
up €120,522 (+15.8%), from €765,205 to €885,726
of which Distributable reserves: +€120,522
- Other debts +€93,275
new in 2025: €93,275
- Tax, wage and social debts +€73,094
up €73,094 (+39.9%), from €182,972 to €256,066
of which Remuneration and social security: +€41,906
Income statement
- Turnover -€2.3m
no longer reported in 2025 (was €2.3m)
- Gross operating margin +€1.8m
new in 2025: €1.8m
- Services and other goods -€810,070
no longer reported in 2025 (was €810,070)
- Other operating income -€283,398
no longer reported in 2025 (was €283,398)
- Goods and materials -€156,499
no longer reported in 2025 (was €156,499)
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
€110,928
Turnover
-€2.3m
Other operating income
-€283,398
Goods and materials
+€156,499
Services and other goods
+€810,070
Staff costs
-€135,610
Depreciation
-€924
Other operating charges
-€32,879
Other operating items
+€1.8m
Financial income
-€22
Financial charges
+€1,742
Taxes
-€3,169
Result 2025
€120,522
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
+€172,140
Investment
-€28,796
Financing
-€149,662
Cash 2024
€210,137
From operations (derived)
+€172,140
Net result for the year
+€120,522
Depreciation
+€139,734
Receivables within one year
-€275,016
Trade debts
+€20,532
Tax, wage and social debts
+€73,094
Other debts
+€93,275
Investment (derived)
-€28,796
Investment in fixed assets (net)
-€28,796
Financing
-€149,662
Debts after one year
-€140,234
Current portion of long-term debt
-€0
Contributions, distributions and other
-€9,429
Cash 2025
€203,818
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,017,715 | €3,175,474 | +€157,759 | +5.2% |
| Fixed assets | 21/28 | €233,212 | €122,273 | -€110,939 | -47.6% |
| Tangible fixed assets | 22/27 | €232,964 | €122,026 | -€110,939 | -47.6% |
| Land and buildings | 22 | €33,333 | €25,333 | -€8,000 | -24.0% |
| Plant, machinery and equipment | 23 | €187,500 | €89,586 | -€97,913 | -52.2% |
| Furniture and vehicles | 24 | €12,132 | €7,106 | -€5,025 | -41.4% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Other financial fixed assets | 284/8 | €248 | - | -€248 | |
| Amounts receivable and cash guarantees | 285/8 | €248 | - | -€248 | |
| Current assets | 29/58 | €2,784,503 | €3,053,201 | +€268,698 | +9.6% |
| Amounts receivable within one year | 40/41 | €2,574,366 | €2,849,383 | +€275,016 | +10.7% |
| Trade receivables | 40 | €299,878 | €295,730 | -€4,147 | -1.4% |
| Other amounts receivable | 41 | €2,274,489 | €2,553,652 | +€279,164 | +12.3% |
| Cash at bank and in hand | 54/58 | €210,137 | €203,818 | -€6,318 | -3.0% |
| Total equity and liabilities | 10/49 | €3,017,715 | €3,175,474 | +€157,759 | +5.2% |
| Equity | 10/15 | €2,093,251 | €2,204,344 | +€111,093 | +5.3% |
| Contributions | 10/11 | €1,314,564 | €1,314,564 | = | 0.0% |
| Capital | 10 | €1,314,564 | €1,314,564 | = | 0.0% |
| Issued capital | 100 | €1,314,564 | €1,314,564 | = | 0.0% |
| Reserves | 13 | €765,205 | €885,726 | +€120,522 | +15.8% |
| Non-distributable reserves | 130/1 | €131,456 | €131,456 | = | 0.0% |
| Legal reserve | 130 | €131,456 | €131,456 | = | 0.0% |
| Distributable reserves | 133 | €633,748 | €754,270 | +€120,522 | +19.0% |
| Investment grants | 15 | €13,483 | €4,054 | -€9,429 | -69.9% |
| Amounts payable | 17/49 | €924,464 | €971,130 | +€46,666 | +5.0% |
| Amounts payable after more than one year | 17 | €560,948 | €420,715 | -€140,234 | -25.0% |
| Financial debts | 170/4 | €560,948 | €420,715 | -€140,234 | -25.0% |
| Credit institutions | 173 | €560,948 | - | -€560,948 | |
| Amounts payable within one year | 42/48 | €363,516 | €550,416 | +€186,900 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €140,234 | €140,234 | -€0 | 0.0% |
| Trade debts | 44 | €40,310 | €60,841 | +€20,532 | +50.9% |
| Suppliers | 440/4 | €40,310 | €60,841 | +€20,532 | +50.9% |
| Taxes, remuneration and social security | 45 | €182,972 | €256,066 | +€73,094 | +39.9% |
| Taxes | 450/3 | €12,188 | €43,376 | +€31,188 | +255.9% |
| Remuneration and social security | 454/9 | €170,784 | €212,690 | +€41,906 | +24.5% |
| Other amounts payable | 47/48 | - | €93,275 | +€93,275 | |
| Operating income | 70/76A | €2,542,104 | - | -€2.5m | |
| Turnover | 70 | €2,258,706 | - | -€2.3m | |
| Other operating income | 74 | €283,398 | - | -€283,398 | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Operating charges | 60/66A | €2,388,592 | - | -€2.4m | |
| Goods for resale, raw materials and consumables | 60 | €156,499 | - | -€156,499 | |
| Purchases | 600/8 | €156,499 | - | -€156,499 | |
| Services and other goods | 61 | €810,070 | - | -€810,070 | |
| Remuneration, social security and pensions | 62 | €1,221,637 | €1,357,247 | +€135,610 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,811 | €139,734 | +€924 | +0.7% |
| Other operating charges | 640/8 | €61,576 | €94,455 | +€32,879 | +53.4% |
| Gross operating margin | 9900 | - | €1,755,991 | +€1.8m | |
| Operating profit (loss) | 9901 | €153,512 | €164,555 | +€11,043 | +7.2% |
| Financial income | 75/76B | €9,452 | €9,430 | -€22 | -0.2% |
| Recurring financial income | 75 | €9,452 | €9,430 | -€22 | -0.2% |
| Other financial income | 752/9 | €9,452 | - | -€9,452 | |
| Financial charges | 65/66B | €10,396 | €8,654 | -€1,742 | -16.8% |
| Recurring financial charges | 65 | €10,396 | €8,654 | -€1,742 | -16.8% |
| Debt charges | 650 | €9,533 | - | -€9,533 | |
| Other financial charges | 652/9 | €863 | - | -€863 | |
| Profit (loss) for the period before taxes | 9903 | €152,568 | €165,330 | +€12,762 | +8.4% |
| Income taxes | 67/77 | €41,640 | €44,808 | +€3,169 | +7.6% |
| Taxes | 670/3 | €41,821 | - | -€41,821 | |
| Tax adjustments and reversals of tax provisions | 77 | €182 | - | -€182 | |
| Profit (loss) for the period | 9904 | €110,928 | €120,522 | +€9,594 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,928 | €120,522 | +€9,594 | +8.6% |
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 4 October 2026 via checked.be.