LIMS INSURANCE: 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.
LIMS INSURANCE
Largest movements
- Intangible fixed assets -€71,450
down €71,450 (-17.9%), from €398,600 to €327,150
- Tangible fixed assets -€16,538
down €16,538 (-84.4%), from €19,588 to €3,050
of which Furniture and vehicles: -€17,553
- Cash +€13,668
up €13,668 (+46.3%), from €29,533 to €43,201
mainly Depreciation (+€72,651) and Investment in fixed assets (net) (+€15,338)
- Debts after one year -€80,656
down €80,656 (-25.1%), from €320,759 to €240,103
- Profit (loss) carried forward +€11,089
up €11,089 (+61.9%), from €17,915 to €29,005
- Current portion of long-term debt -€4,544
down €4,544 (-5.5%), from €82,162 to €77,618
- Gross operating margin -€25,256
down €25,256 (-18.6%), from €135,519 to €110,263
- Depreciation -€5,125
down €5,125 (-6.6%), from €77,775 to €72,651
- Financial charges -€3,801
down €3,801 (-17.7%), from €21,491 to €17,690
- Taxes -€2,764
down €2,764 (-40.3%), from €6,853 to €4,090
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 | €453,128 | €377,376 | -€75,752 | -16.7% |
| Fixed assets | 21/28 | €420,438 | €332,450 | -€87,988 | -20.9% |
| Intangible fixed assets | 21 | €398,600 | €327,150 | -€71,450 | -17.9% |
| Tangible fixed assets | 22/27 | €19,588 | €3,050 | -€16,538 | -84.4% |
| Plant, machinery and equipment | 23 | - | €1,015 | +€1,015 | |
| Furniture and vehicles | 24 | €19,588 | €2,035 | -€17,553 | -89.6% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €32,690 | €44,926 | +€12,236 | +37.4% |
| Amounts receivable within one year | 40/41 | - | €910 | +€910 | |
| Other amounts receivable | 41 | - | €910 | +€910 | |
| Cash at bank and in hand | 54/58 | €29,533 | €43,201 | +€13,668 | +46.3% |
| Deferred charges and accrued income | 490/1 | €3,157 | €815 | -€2,341 | -74.2% |
| Total equity and liabilities | 10/49 | €453,128 | €377,376 | -€75,752 | -16.7% |
| Equity | 10/15 | €37,915 | €49,005 | +€11,089 | +29.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,915 | €29,005 | +€11,089 | +61.9% |
| Amounts payable | 17/49 | €415,212 | €328,371 | -€86,841 | -20.9% |
| Amounts payable after more than one year | 17 | €320,759 | €240,103 | -€80,656 | -25.1% |
| Financial debts | 170/4 | €320,759 | €240,103 | -€80,656 | -25.1% |
| Amounts payable within one year | 42/48 | €94,453 | €88,268 | -€6,185 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €82,162 | €77,618 | -€4,544 | -5.5% |
| Trade debts | 44 | €2,869 | €2,118 | -€750 | -26.2% |
| Suppliers | 440/4 | €2,869 | €2,118 | -€750 | -26.2% |
| Taxes, remuneration and social security | 45 | €5,353 | €4,653 | -€700 | -13.1% |
| Taxes | 450/3 | €4,010 | €4,363 | +€352 | +8.8% |
| Remuneration and social security | 454/9 | €1,343 | €291 | -€1,052 | -78.4% |
| Other amounts payable | 47/48 | €4,069 | €3,878 | -€191 | -4.7% |
| Remuneration, social security and pensions | 62 | €1,846 | €2,282 | +€436 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,775 | €72,651 | -€5,125 | -6.6% |
| Other operating charges | 640/8 | €661 | €1,872 | +€1,211 | +183% |
| Non-recurring operating charges | 66A | €244 | €657 | +€413 | +169% |
| Gross operating margin | 9900 | €135,519 | €110,263 | -€25,256 | -18.6% |
| Operating profit (loss) | 9901 | €54,993 | €32,802 | -€22,191 | -40.4% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €21,491 | €17,690 | -€3,801 | -17.7% |
| Recurring financial charges | 65 | €21,491 | €17,690 | -€3,801 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €33,502 | €15,179 | -€18,323 | -54.7% |
| Income taxes | 67/77 | €6,853 | €4,090 | -€2,764 | -40.3% |
| Profit (loss) for the period | 9904 | €26,648 | €11,089 | -€15,559 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,648 | €11,089 | -€15,559 | -58.4% |
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 18 October 2026 via checked.be.