LIMVAGO: 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.
LIMVAGO
Largest movements
- Receivables within one year +€8,699
up €8,699 (+195%), from €4,459 to €13,158
of which Other amounts receivable: +€5,631
- Cash -€5,729
down €5,729 (-23.5%), from €24,386 to €18,657
mainly Other debts (-€15,160) and Receivables within one year (-€8,699)
- Tangible fixed assets +€594
up €594 (+33.3%), from €1,783 to €2,377
of which Furniture and vehicles: +€1,096
- Profit (loss) carried forward +€17,919
up €17,919 (+4,107%), from €436 to €18,356
- Other debts -€15,160
down €15,160 (-100%), from €15,160 to €0
- Trade debts +€3,493
up €3,493 (+360%), from €970 to €4,463
- Tax, wage and social debts -€2,633
down €2,633 (-40.3%), from €6,528 to €3,896
- Gross operating margin +€6,190
up €6,190 (+24.7%), from €25,012 to €31,203
- Taxes +€2,785
up €2,785 (+58.3%), from €4,774 to €7,559
- Other operating charges +€1,900
up €1,900 (+340%), from €560 to €2,460
- Financial income +€721
up €721 (+481%), from €150 to €870
- Financial charges -€337
down €337 (-9.3%), from €3,612 to €3,275
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 | €41,695 | €45,315 | +€3,620 | +8.7% |
| Fixed assets | 21/28 | €1,783 | €2,377 | +€594 | +33.3% |
| Tangible fixed assets | 22/27 | €1,783 | €2,377 | +€594 | +33.3% |
| Plant, machinery and equipment | 23 | €1,477 | €975 | -€502 | -34.0% |
| Furniture and vehicles | 24 | €306 | €1,402 | +€1,096 | +358% |
| Current assets | 29/58 | €39,912 | €42,937 | +€3,026 | +7.6% |
| Amounts receivable within one year | 40/41 | €4,459 | €13,158 | +€8,699 | +195% |
| Trade receivables | 40 | €3,188 | €6,256 | +€3,068 | +96.2% |
| Other amounts receivable | 41 | €1,271 | €6,903 | +€5,631 | +443% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,386 | €18,657 | -€5,729 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,122 | +€56 | +5.2% |
| Total equity and liabilities | 10/49 | €41,695 | €45,315 | +€3,620 | +8.7% |
| Equity | 10/15 | €19,036 | €36,956 | +€17,919 | +94.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €436 | €18,356 | +€17,919 | +4,107% |
| Amounts payable | 17/49 | €22,658 | €8,359 | -€14,299 | -63.1% |
| Amounts payable within one year | 42/48 | €22,658 | €8,359 | -€14,299 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €970 | €4,463 | +€3,493 | +360% |
| Suppliers | 440/4 | €970 | €4,463 | +€3,493 | +360% |
| Taxes, remuneration and social security | 45 | €6,528 | €3,896 | -€2,633 | -40.3% |
| Taxes | 450/3 | €6,528 | €3,896 | -€2,633 | -40.3% |
| Other amounts payable | 47/48 | €15,160 | €0 | -€15,160 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €860 | +€191 | +28.5% |
| Other operating charges | 640/8 | €560 | €2,460 | +€1,900 | +340% |
| Gross operating margin | 9900 | €25,012 | €31,203 | +€6,190 | +24.7% |
| Operating profit (loss) | 9901 | €23,783 | €27,883 | +€4,100 | +17.2% |
| Financial income | 75/76B | €150 | €870 | +€721 | +481% |
| Recurring financial income | 75 | €150 | €870 | +€721 | +481% |
| Financial charges | 65/66B | €3,612 | €3,275 | -€337 | -9.3% |
| Recurring financial charges | 65 | €3,612 | €3,275 | -€337 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €20,321 | €25,478 | +€5,157 | +25.4% |
| Income taxes | 67/77 | €4,774 | €7,559 | +€2,785 | +58.3% |
| Profit (loss) for the period | 9904 | €15,547 | €17,919 | +€2,372 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,547 | €17,919 | +€2,372 | +15.3% |
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 13 October 2026 via checked.be.