MH LIMO: 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.
MH LIMO
Largest movements
- Cash +€12,628
up €12,628 (+42.1%), from €29,973 to €42,601
mainly Net result for the year (+€7,511) and Tax, wage and social debts (+€6,000)
- Receivables within one year +€3,051
up €3,051 (+118%), from €2,585 to €5,636
of which Other amounts receivable: +€3,415
- Tangible fixed assets -€2,405
down €2,405 (-56.1%), from €4,290 to €1,884
- Profit (loss) carried forward +€7,511
up €7,511 (+24.6%), from €30,481 to €37,992
- Tax, wage and social debts +€6,000
new in 2025: €6,000
- Gross operating margin +€13,792
up €13,792 (+312%), from €4,422 to €18,214
- Taxes +€4,003
up €4,003 (+1,302%), from €308 to €4,310
- Other operating charges +€2,029
up €2,029 (+118%), from €1,717 to €3,746
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 | €36,847 | €50,244 | +€13,397 | +36.4% |
| Fixed assets | 21/28 | €4,290 | €1,884 | -€2,405 | -56.1% |
| Tangible fixed assets | 22/27 | €4,290 | €1,884 | -€2,405 | -56.1% |
| Furniture and vehicles | 24 | €4,290 | €1,884 | -€2,405 | -56.1% |
| Current assets | 29/58 | €32,558 | €48,360 | +€15,802 | +48.5% |
| Amounts receivable within one year | 40/41 | €2,585 | €5,636 | +€3,051 | +118% |
| Trade receivables | 40 | €364 | - | -€364 | |
| Other amounts receivable | 41 | €2,221 | €5,636 | +€3,415 | +154% |
| Cash at bank and in hand | 54/58 | €29,973 | €42,601 | +€12,628 | +42.1% |
| Deferred charges and accrued income | 490/1 | - | €124 | +€124 | |
| Total equity and liabilities | 10/49 | €36,847 | €50,244 | +€13,397 | +36.4% |
| Equity | 10/15 | €34,281 | €41,792 | +€7,511 | +21.9% |
| Contributions | 10/11 | €3,800 | €3,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,481 | €37,992 | +€7,511 | +24.6% |
| Amounts payable | 17/49 | €2,566 | €8,453 | +€5,886 | +229% |
| Amounts payable within one year | 42/48 | €2,566 | €8,453 | +€5,886 | +229% |
| Trade debts | 44 | €2,566 | €2,453 | -€114 | -4.4% |
| Suppliers | 440/4 | €2,566 | €2,453 | -€114 | -4.4% |
| Taxes, remuneration and social security | 45 | - | €6,000 | +€6,000 | |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,564 | €2,405 | -€158 | -6.2% |
| Other operating charges | 640/8 | €1,717 | €3,746 | +€2,029 | +118% |
| Gross operating margin | 9900 | €4,422 | €18,214 | +€13,792 | +312% |
| Operating profit (loss) | 9901 | €142 | €12,062 | +€11,921 | +8,418% |
| Financial charges | 65/66B | €69 | €242 | +€173 | +250% |
| Recurring financial charges | 65 | €69 | €242 | +€173 | +250% |
| Profit (loss) for the period before taxes | 9903 | €73 | €11,821 | +€11,748 | +16,191% |
| Income taxes | 67/77 | €308 | €4,310 | +€4,003 | +1,302% |
| Profit (loss) for the period | 9904 | -€235 | €7,511 | +€7,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€235 | €7,511 | +€7,746 |
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 15 October 2026 via checked.be.