Limtex: 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.
Limtex
Largest movements
- Tangible fixed assets +€241,055
up €241,055 (+24.6%), from €979,023 to €1.2m
- Receivables within one year -€79,345
down €79,345 (-92.6%), from €85,697 to €6,352
- Cash +€16,037
up €16,037 (+288.8%), from €5,554 to €21,591
mainly Debts after one year (+€228,649) and Depreciation (+€91,674)
- Debts after one year +€228,649
up €228,649 (+664.7%), from €34,399 to €263,048
- Other debts -€47,467
down €47,467 (-93.6%), from €50,691 to €3,224
- Reserves +€25,943
up €25,943 (+3.2%), from €809,530 to €835,472
of which Distributable reserves: +€25,943
- Current portion of long-term debt -€18,119
down €18,119 (-22.2%), from €81,746 to €63,626
- Depreciation +€40,332
up €40,332 (+78.6%), from €51,342 to €91,674
- Taxes -€10,298
down €10,298 (-54.4%), from €18,946 to €8,648
- Gross operating margin +€4,418
up €4,418 (+2.5%), from €178,449 to €182,867
- Other operating charges +€1,931
up €1,931 (+3.8%), from €50,278 to €52,208
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,070,274 | €1,249,504 | +€179,230 | +16.7% |
| Fixed assets | 21/28 | €979,023 | €1,220,078 | +€241,055 | +24.6% |
| Tangible fixed assets | 22/27 | €979,023 | €1,220,078 | +€241,055 | +24.6% |
| Land and buildings | 22 | €979,023 | €1,220,078 | +€241,055 | +24.6% |
| Current assets | 29/58 | €91,251 | €29,425 | -€61,825 | -67.8% |
| Amounts receivable within one year | 40/41 | €85,697 | €6,352 | -€79,345 | -92.6% |
| Other amounts receivable | 41 | €85,697 | €6,352 | -€79,345 | -92.6% |
| Cash at bank and in hand | 54/58 | €5,554 | €21,591 | +€16,037 | +288.8% |
| Deferred charges and accrued income | 490/1 | - | €1,482 | +€1,482 | |
| Total equity and liabilities | 10/49 | €1,070,274 | €1,249,504 | +€179,230 | +16.7% |
| Equity | 10/15 | €893,663 | €919,606 | +€25,943 | +2.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €22,134 | €22,134 | = | 0.0% |
| Reserves | 13 | €809,530 | €835,472 | +€25,943 | +3.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €803,330 | €829,272 | +€25,943 | +3.2% |
| Amounts payable | 17/49 | €176,611 | €329,898 | +€153,287 | +86.8% |
| Amounts payable after more than one year | 17 | €34,399 | €263,048 | +€228,649 | +664.7% |
| Financial debts | 170/4 | €34,399 | €263,048 | +€228,649 | +664.7% |
| Amounts payable within one year | 42/48 | €142,212 | €66,850 | -€75,362 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €81,746 | €63,626 | -€18,119 | -22.2% |
| Trade debts | 44 | €829 | - | -€829 | |
| Suppliers | 440/4 | €829 | - | -€829 | |
| Taxes, remuneration and social security | 45 | €8,946 | - | -€8,946 | |
| Taxes | 450/3 | €8,946 | - | -€8,946 | |
| Other amounts payable | 47/48 | €50,691 | €3,224 | -€47,467 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,342 | €91,674 | +€40,332 | +78.6% |
| Other operating charges | 640/8 | €50,278 | €52,208 | +€1,931 | +3.8% |
| Gross operating margin | 9900 | €178,449 | €182,867 | +€4,418 | +2.5% |
| Operating profit (loss) | 9901 | €76,830 | €38,985 | -€37,845 | -49.3% |
| Financial income | 75/76B | €2,507 | €1,482 | -€1,025 | -40.9% |
| Recurring financial income | 75 | €2,507 | €1,482 | -€1,025 | -40.9% |
| Financial charges | 65/66B | €6,097 | €5,877 | -€220 | -3.6% |
| Recurring financial charges | 65 | €6,097 | €5,877 | -€220 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €73,240 | €34,590 | -€38,650 | -52.8% |
| Income taxes | 67/77 | €18,946 | €8,648 | -€10,298 | -54.4% |
| Profit (loss) for the period | 9904 | €54,294 | €25,943 | -€28,351 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,294 | €25,943 | -€28,351 | -52.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.