NO LIMIT: 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.
NO LIMIT
Largest movements
- Receivables within one year -€196,896
down €196,896 (-91.9%), from €214,166 to €17,270
of which Trade receivables: -€199,607
- Short-term financial debts -€136,468
down €136,468 (-65.1%), from €209,479 to €73,011
- Trade debts -€52,819
down €52,819 (-47.5%), from €111,118 to €58,299
- Other debts -€9,869
down €9,869 (-11.7%), from €84,172 to €74,303
- Profit (loss) carried forward +€3,549
up €3,549 (+4.2%), from -€85,246 to -€81,697
- Gross operating margin -€165,216
down €165,216 (-97.5%), from €169,498 to €4,282
- Depreciation -€87,190
down €87,190 (-99.8%), from €87,366 to €176
- Taxes -€8,725
down €8,725 (-98.0%), from €8,900 to €174
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 | €354,380 | €158,524 | -€195,856 | -55.3% |
| Fixed assets | 21/28 | - | €1,061 | +€1,061 | |
| Tangible fixed assets | 22/27 | - | €1,061 | +€1,061 | |
| Plant, machinery and equipment | 23 | - | €1,061 | +€1,061 | |
| Current assets | 29/58 | €354,380 | €157,463 | -€196,917 | -55.6% |
| Amounts receivable within one year | 40/41 | €214,166 | €17,270 | -€196,896 | -91.9% |
| Trade receivables | 40 | €211,663 | €12,057 | -€199,607 | -94.3% |
| Other amounts receivable | 41 | €2,503 | €5,213 | +€2,710 | +108.3% |
| Current investments | 50/53 | €140,000 | €140,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €214 | €193 | -€21 | -9.9% |
| Total equity and liabilities | 10/49 | €354,380 | €158,524 | -€195,856 | -55.3% |
| Equity | 10/15 | -€64,787 | -€61,238 | +€3,549 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,246 | -€81,697 | +€3,549 | +4.2% |
| Amounts payable | 17/49 | €419,167 | €219,762 | -€199,406 | -47.6% |
| Amounts payable within one year | 42/48 | €419,167 | €219,762 | -€199,406 | -47.6% |
| Financial debts | 43 | €209,479 | €73,011 | -€136,468 | -65.1% |
| Credit institutions | 430/8 | €209,479 | €73,011 | -€136,468 | -65.1% |
| Trade debts | 44 | €111,118 | €58,299 | -€52,819 | -47.5% |
| Suppliers | 440/4 | €111,118 | €58,299 | -€52,819 | -47.5% |
| Taxes, remuneration and social security | 45 | €14,398 | €14,148 | -€250 | -1.7% |
| Taxes | 450/3 | €14,398 | €14,148 | -€250 | -1.7% |
| Other amounts payable | 47/48 | €84,172 | €74,303 | -€9,869 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,366 | €176 | -€87,190 | -99.8% |
| Other operating charges | 640/8 | €207 | €75 | -€132 | -63.7% |
| Gross operating margin | 9900 | €169,498 | €4,282 | -€165,216 | -97.5% |
| Operating profit (loss) | 9901 | €81,925 | €4,031 | -€77,894 | -95.1% |
| Financial income | 75/76B | €213 | - | -€213 | |
| Recurring financial income | 75 | €213 | - | -€213 | |
| Financial charges | 65/66B | €1,455 | €307 | -€1,147 | -78.9% |
| Recurring financial charges | 65 | €1,455 | €307 | -€1,147 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | €80,684 | €3,724 | -€76,960 | -95.4% |
| Income taxes | 67/77 | €8,900 | €174 | -€8,725 | -98.0% |
| Profit (loss) for the period | 9904 | €71,784 | €3,549 | -€68,235 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,784 | €3,549 | -€68,235 | -95.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.