Limpens Dennis: 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.
Limpens Dennis
Largest movements
- Cash +€35,618
up €35,618 (+368%), from €9,673 to €45,291
mainly Net result for the year (+€25,975) and Receivables within one year (+€19,144)
- Receivables within one year -€19,144
down €19,144 (-38.8%), from €49,369 to €30,225
of which Other amounts receivable: -€18,620
- Tangible fixed assets -€6,729
down €6,729 (-21.5%), from €31,285 to €24,557
of which Furniture and vehicles: -€5,845
- Reserves +€25,975
up €25,975 (+82.7%), from €31,425 to €57,399
- Advances received -€14,255
no longer reported in 2025 (was €14,255)
- Debts after one year -€9,438
down €9,438 (-85.4%), from €11,051 to €1,613
- Trade debts +€7,834
up €7,834 (+69.7%), from €11,244 to €19,078
- Tax, wage and social debts +€1,049
up €1,049 (+12.3%), from €8,524 to €9,573
of which Taxes: +€3,549
- Depreciation +€3,542
up €3,542 (+97.5%), from €3,632 to €7,174
- Gross operating margin -€1,416
down €1,416 (-3.3%), from €42,835 to €41,419
- Financial income -€935
down €935 (-99.0%), from €944 to €9
- Taxes -€811
down €811 (-10.2%), from €7,929 to €7,119
- Financial charges +€520
up €520 (+158%), from €330 to €850
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 | €90,398 | €101,102 | +€10,703 | +11.8% |
| Fixed assets | 21/28 | €31,285 | €24,557 | -€6,729 | -21.5% |
| Tangible fixed assets | 22/27 | €31,285 | €24,557 | -€6,729 | -21.5% |
| Plant, machinery and equipment | 23 | €5,722 | €4,838 | -€884 | -15.4% |
| Furniture and vehicles | 24 | €25,564 | €19,719 | -€5,845 | -22.9% |
| Current assets | 29/58 | €59,113 | €76,545 | +€17,432 | +29.5% |
| Amounts receivable within one year | 40/41 | €49,369 | €30,225 | -€19,144 | -38.8% |
| Trade receivables | 40 | €14,655 | €14,132 | -€523 | -3.6% |
| Other amounts receivable | 41 | €34,714 | €16,093 | -€18,620 | -53.6% |
| Cash at bank and in hand | 54/58 | €9,673 | €45,291 | +€35,618 | +368% |
| Deferred charges and accrued income | 490/1 | €71 | €1,029 | +€958 | +1,342% |
| Total equity and liabilities | 10/49 | €90,398 | €101,102 | +€10,703 | +11.8% |
| Equity | 10/15 | €35,425 | €61,399 | +€25,975 | +73.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,425 | €57,399 | +€25,975 | +82.7% |
| Distributable reserves | 133 | €31,425 | €57,399 | +€25,975 | +82.7% |
| Amounts payable | 17/49 | €54,974 | €39,702 | -€15,271 | -27.8% |
| Amounts payable after more than one year | 17 | €11,051 | €1,613 | -€9,438 | -85.4% |
| Financial debts | 170/4 | €11,051 | €1,613 | -€9,438 | -85.4% |
| Amounts payable within one year | 42/48 | €43,923 | €38,090 | -€5,833 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €9,900 | €9,438 | -€462 | -4.7% |
| Trade debts | 44 | €11,244 | €19,078 | +€7,834 | +69.7% |
| Suppliers | 440/4 | €11,244 | €19,078 | +€7,834 | +69.7% |
| Advances received on contracts in progress | 46 | €14,255 | - | -€14,255 | |
| Taxes, remuneration and social security | 45 | €8,524 | €9,573 | +€1,049 | +12.3% |
| Taxes | 450/3 | €6,024 | €9,573 | +€3,549 | +58.9% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,632 | €7,174 | +€3,542 | +97.5% |
| Other operating charges | 640/8 | €462 | €311 | -€152 | -32.8% |
| Gross operating margin | 9900 | €42,835 | €41,419 | -€1,416 | -3.3% |
| Operating profit (loss) | 9901 | €38,740 | €33,934 | -€4,806 | -12.4% |
| Financial income | 75/76B | €944 | €9 | -€935 | -99.0% |
| Recurring financial income | 75 | €944 | €9 | -€935 | -99.0% |
| Financial charges | 65/66B | €330 | €850 | +€520 | +158% |
| Recurring financial charges | 65 | €330 | €850 | +€520 | +158% |
| Profit (loss) for the period before taxes | 9903 | €39,354 | €33,093 | -€6,261 | -15.9% |
| Income taxes | 67/77 | €7,929 | €7,119 | -€811 | -10.2% |
| Profit (loss) for the period | 9904 | €31,425 | €25,975 | -€5,450 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,425 | €25,975 | -€5,450 | -17.3% |
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 16 October 2026 via checked.be.