Z. 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.
Z. LIMO
Largest movements
- Cash +€21,081
up €21,081 (+201%), from €10,501 to €31,582
mainly Net result for the year (+€13,807) and Depreciation (+€5,715)
- Tangible fixed assets -€5,715
down €5,715 (-25.0%), from €22,859 to €17,144
- Receivables within one year -€4,580
down €4,580 (-91.7%), from €4,996 to €415
- Profit (loss) carried forward +€13,807
up €13,807 (+146%), from €9,476 to €23,283
- Trade debts -€7,750
down €7,750 (-75.4%), from €10,280 to €2,530
- Tax, wage and social debts +€4,728
new in 2025: €4,728
of which Taxes: +€3,885
- Financial charges -€17,585
down €17,585 (-98.8%), from €17,799 to €214
- Gross operating margin +€16,499
up €16,499 (+229%), from €7,191 to €23,689
- Other operating charges +€1,216
up €1,216 (+1,048%), from €116 to €1,332
- Staff costs +€1,112
up €1,112 (+22,232%), from €5 to €1,117
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 | €38,356 | €49,142 | +€10,786 | +28.1% |
| Fixed assets | 21/28 | €22,859 | €17,144 | -€5,715 | -25.0% |
| Tangible fixed assets | 22/27 | €22,859 | €17,144 | -€5,715 | -25.0% |
| Furniture and vehicles | 24 | €22,859 | €17,144 | -€5,715 | -25.0% |
| Current assets | 29/58 | €15,497 | €31,998 | +€16,500 | +106% |
| Amounts receivable within one year | 40/41 | €4,996 | €415 | -€4,580 | -91.7% |
| Other amounts receivable | 41 | €4,996 | €415 | -€4,580 | -91.7% |
| Cash at bank and in hand | 54/58 | €10,501 | €31,582 | +€21,081 | +201% |
| Total equity and liabilities | 10/49 | €38,356 | €49,142 | +€10,786 | +28.1% |
| Equity | 10/15 | €28,076 | €41,883 | +€13,807 | +49.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,476 | €23,283 | +€13,807 | +146% |
| Amounts payable | 17/49 | €10,280 | €7,259 | -€3,021 | -29.4% |
| Amounts payable within one year | 42/48 | €10,280 | €7,259 | -€3,021 | -29.4% |
| Trade debts | 44 | €10,280 | €2,530 | -€7,750 | -75.4% |
| Suppliers | 440/4 | €10,280 | €2,530 | -€7,750 | -75.4% |
| Taxes, remuneration and social security | 45 | - | €4,728 | +€4,728 | |
| Taxes | 450/3 | - | €3,885 | +€3,885 | |
| Remuneration and social security | 454/9 | - | €844 | +€844 | |
| Remuneration, social security and pensions | 62 | €5 | €1,117 | +€1,112 | +22,232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,715 | €5,715 | = | 0.0% |
| Other operating charges | 640/8 | €116 | €1,332 | +€1,216 | +1,048% |
| Gross operating margin | 9900 | €7,191 | €23,689 | +€16,499 | +229% |
| Operating profit (loss) | 9901 | €1,355 | €15,526 | +€14,171 | +1,046% |
| Financial charges | 65/66B | €17,799 | €214 | -€17,585 | -98.8% |
| Recurring financial charges | 65 | €17,799 | €214 | -€17,585 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,444 | €15,312 | +€31,756 | |
| Income taxes | 67/77 | €1,535 | €1,505 | -€30 | -2.0% |
| Profit (loss) for the period | 9904 | -€17,979 | €13,807 | +€31,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,979 | €13,807 | +€31,786 |
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 16 October 2026 via checked.be.