LIMZA: 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.
LIMZA
Largest movements
- Cash -€236,625
down €236,625 (-92.0%), from €257,203 to €20,577
mainly Contributions, distributions and other (-€137,794) and Other debts (-€116,000)
- Receivables within one year +€78,695
up €78,695 (+429.7%), from €18,314 to €97,009
of which Trade receivables: +€55,754
- Tangible fixed assets +€68,694
up €68,694 (+2721.5%), from €2,524 to €71,219
- Other debts -€116,000
down €116,000 (-50.2%), from €231,000 to €115,000
- Tax, wage and social debts +€22,333
up €22,333 (+55.8%), from €40,001 to €62,335
of which Taxes: +€20,833
- Profit (loss) carried forward +€5,177
up €5,177 (+229.5%), from €2,255 to €7,432
- Gross operating margin +€87,987
up €87,987 (+81.0%), from €108,622 to €196,609
- Taxes +€29,581
up €29,581 (+139.8%), from €21,159 to €50,740
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,962 | €189,010 | -€90,951 | -32.5% |
| Fixed assets | 21/28 | €4,445 | €71,424 | +€66,978 | +1506.8% |
| Tangible fixed assets | 22/27 | €2,524 | €71,219 | +€68,694 | +2721.5% |
| Furniture and vehicles | 24 | €2,524 | €71,219 | +€68,694 | +2721.5% |
| Financial fixed assets | 28 | €1,921 | €205 | -€1,716 | -89.3% |
| Current assets | 29/58 | €275,517 | €117,587 | -€157,930 | -57.3% |
| Amounts receivable within one year | 40/41 | €18,314 | €97,009 | +€78,695 | +429.7% |
| Trade receivables | 40 | €10,814 | €66,568 | +€55,754 | +515.6% |
| Other amounts receivable | 41 | €7,500 | €30,441 | +€22,941 | +305.9% |
| Cash at bank and in hand | 54/58 | €257,203 | €20,577 | -€236,625 | -92.0% |
| Total equity and liabilities | 10/49 | €279,962 | €189,010 | -€90,951 | -32.5% |
| Equity | 10/15 | €4,755 | €7,432 | +€2,677 | +56.3% |
| Contributions | 10/11 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €2,255 | €7,432 | +€5,177 | +229.5% |
| Amounts payable | 17/49 | €275,206 | €181,578 | -€93,628 | -34.0% |
| Amounts payable within one year | 42/48 | €273,628 | €181,578 | -€92,050 | -33.6% |
| Trade debts | 44 | €2,626 | €4,243 | +€1,617 | +61.6% |
| Suppliers | 440/4 | €2,626 | €1,743 | -€883 | -33.6% |
| Bills of exchange payable | 441 | - | €2,500 | +€2,500 | |
| Taxes, remuneration and social security | 45 | €40,001 | €62,335 | +€22,333 | +55.8% |
| Taxes | 450/3 | €40,001 | €60,835 | +€20,833 | +52.1% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €231,000 | €115,000 | -€116,000 | -50.2% |
| Accrued charges and deferred income | 492/3 | €1,579 | - | -€1,579 | |
| Remuneration, social security and pensions | 62 | €1,218 | €804 | -€414 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,489 | €2,858 | +€369 | +14.8% |
| Other operating charges | 640/8 | €1,075 | €1,333 | +€258 | +24.0% |
| Gross operating margin | 9900 | €108,622 | €196,609 | +€87,987 | +81.0% |
| Operating profit (loss) | 9901 | €103,840 | €191,613 | +€87,773 | +84.5% |
| Financial income | 75/76B | €60 | €60 | = | 0.0% |
| Recurring financial income | 75 | €60 | €60 | = | 0.0% |
| Financial charges | 65/66B | €731 | €462 | -€269 | -36.8% |
| Recurring financial charges | 65 | €731 | €462 | -€269 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €103,169 | €191,211 | +€88,042 | +85.3% |
| Income taxes | 67/77 | €21,159 | €50,740 | +€29,581 | +139.8% |
| Profit (loss) for the period | 9904 | €82,010 | €140,471 | +€58,461 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,010 | €140,471 | +€58,461 | +71.3% |
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 28 September 2026 via checked.be.