Westlimco: 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.
Westlimco
Largest movements
- Tangible fixed assets -€150,176
down €150,176 (-5.4%), from €2.8m to €2.7m
- Cash -€129,358
down €129,358 (-24.8%), from €521,900 to €392,542
mainly Net result for the year (-€173,455) and Trade debts (-€99,160)
- Profit (loss) carried forward -€173,455
down €173,455 (-95.5%), from -€181,662 to -€355,117
- Trade debts -€99,160
down €99,160 (-94.1%), from €105,404 to €6,244
- Gross operating margin -€121,025
down €121,025 (-33.6%), from €360,640 to €239,615
- Turnover -€74,266
down €74,266 (-18.0%), from €411,876 to €337,611
- Purchases and services +€39,329
up €39,329 (+38.1%), from €103,205 to €142,534
- Financial charges -€20,936
down €20,936 (-8.9%), from €234,368 to €213,432
of which Non-recurring financial charges: -€20,273
- Depreciation -€13,951
down €13,951 (-8.2%), from €171,121 to €157,170
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 | €3,632,542 | €3,357,821 | -€274,721 | -7.6% |
| Fixed assets | 21/28 | €2,804,144 | €2,653,968 | -€150,176 | -5.4% |
| Tangible fixed assets | 22/27 | €2,804,144 | €2,653,968 | -€150,176 | -5.4% |
| Land and buildings | 22 | €2,804,144 | €2,653,968 | -€150,176 | -5.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €828,398 | €703,854 | -€124,545 | -15.0% |
| Amounts receivable within one year | 40/41 | - | €1,861 | +€1,861 | |
| Trade receivables | 40 | - | €1,861 | +€1,861 | |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €521,900 | €392,542 | -€129,358 | -24.8% |
| Deferred charges and accrued income | 490/1 | €6,498 | €9,450 | +€2,952 | +45.4% |
| Total equity and liabilities | 10/49 | €3,632,542 | €3,357,821 | -€274,721 | -7.6% |
| Equity | 10/15 | €164,682 | -€8,773 | -€173,455 | |
| Contributions | 10/11 | €306,000 | €306,000 | = | 0.0% |
| Capital | 10 | €306,000 | €306,000 | = | 0.0% |
| Issued capital | 100 | €306,000 | €306,000 | = | 0.0% |
| Reserves | 13 | €40,344 | €40,344 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,200 | €37,200 | = | 0.0% |
| Legal reserve | 130 | €37,200 | €37,200 | = | 0.0% |
| Distributable reserves | 133 | €3,144 | €3,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,662 | -€355,117 | -€173,455 | -95.5% |
| Amounts payable | 17/49 | €3,467,860 | €3,366,594 | -€101,266 | -2.9% |
| Amounts payable after more than one year | 17 | €3,300,000 | €3,300,000 | = | 0.0% |
| Financial debts | 170/4 | €3,300,000 | €3,300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €105,751 | €6,554 | -€99,197 | -93.8% |
| Trade debts | 44 | €105,404 | €6,244 | -€99,160 | -94.1% |
| Suppliers | 440/4 | €105,404 | €6,244 | -€99,160 | -94.1% |
| Taxes, remuneration and social security | 45 | €347 | €310 | -€37 | -10.6% |
| Taxes | 450/3 | €347 | €310 | -€37 | -10.6% |
| Accrued charges and deferred income | 492/3 | €62,109 | €60,040 | -€2,069 | -3.3% |
| Turnover | 70 | €411,876 | €337,611 | -€74,266 | -18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €103,205 | €142,534 | +€39,329 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,121 | €157,170 | -€13,951 | -8.2% |
| Other operating charges | 640/8 | €47,721 | €49,220 | +€1,498 | +3.1% |
| Gross operating margin | 9900 | €360,640 | €239,615 | -€121,025 | -33.6% |
| Operating profit (loss) | 9901 | €141,798 | €33,226 | -€108,572 | -76.6% |
| Financial income | 75/76B | €6,061 | €6,752 | +€690 | +11.4% |
| Recurring financial income | 75 | €6,061 | €6,752 | +€690 | +11.4% |
| Financial charges | 65/66B | €234,368 | €213,432 | -€20,936 | -8.9% |
| Recurring financial charges | 65 | €214,095 | €213,432 | -€663 | -0.3% |
| Non-recurring financial charges | 66B | €20,273 | - | -€20,273 | |
| Profit (loss) for the period before taxes | 9903 | -€86,509 | -€173,455 | -€86,946 | -101% |
| Profit (loss) for the period | 9904 | -€86,509 | -€173,455 | -€86,946 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,509 | -€173,455 | -€86,946 | -101% |
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 17 October 2026 via checked.be.