LIME PROJECTS: what changed
What changed
LIME PROJECTS
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€40,905
2023 · -€51,284+€10,380
Equity
-€181,698
2023 · -€140,793-€40,905
Cash
€106
2023 · €4,669-€4,562
Balance sheet total
€2.0m
2023 · €2.0m+€297
Largest movements
Assets
- Receivables within one year +€50,040
up €50,040 (+35.2%), from €142,200 to €192,240
of which Other amounts receivable: +€30,338
- Tangible fixed assets -€44,748
down €44,748 (-2.5%), from €1.8m to €1.8m
of which Land and buildings: -€38,788
Equity and liabilities
- Other debts +€71,991
up €71,991 (+11.5%), from €626,958 to €698,948
- Debts after one year -€68,778
down €68,778 (-5.6%), from €1.2m to €1.2m
- Short-term financial debts +€49,855
up €49,855 (+168%), from €29,614 to €79,469
- Profit (loss) carried forward -€40,905
down €40,905 (-14.1%), from -€290,793 to -€331,698
- Current portion of long-term debt -€21,992
no longer reported in 2024 (was €21,992)
Income statement
- Gross operating margin -€47,447
down €47,447 (-60.7%), from €78,230 to €30,783
- Other operating charges -€39,672
down €39,672 (-89.6%), from €44,270 to €4,597
- Depreciation -€10,237
down €10,237 (-20.2%), from €50,793 to €40,556
- Financial charges -€7,222
down €7,222 (-21.1%), from €34,233 to €27,011
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€51,284
Gross operating margin
-€47,447
Depreciation
+€10,237
Other operating charges
+€39,672
Financial income
+€513
Financial charges
+€7,222
Taxes
+€183
Result 2024
-€40,905
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€32,161
Investment
+€4,192
Financing
-€40,915
Cash 2023
€4,669
From operations (derived)
+€32,161
Net result for the year
-€40,905
Depreciation
+€40,556
Receivables within one year
-€50,040
Deferred charges and accrued income
+€433
Trade debts
-€3,071
Tax, wage and social debts
+€13,197
Other debts
+€71,991
Investment (derived)
+€4,192
Investment in fixed assets (net)
+€4,192
Financing
-€40,915
Debts after one year
-€68,778
Current portion of long-term debt
-€21,992
Short-term financial debts
+€49,855
Cash 2024
€106
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,973,100 | €1,973,396 | +€297 | 0.0% |
| Fixed assets | 21/28 | €1,823,531 | €1,778,783 | -€44,748 | -2.5% |
| Tangible fixed assets | 22/27 | €1,822,871 | €1,778,123 | -€44,748 | -2.5% |
| Land and buildings | 22 | €1,816,766 | €1,777,978 | -€38,788 | -2.1% |
| Plant, machinery and equipment | 23 | €1,913 | €145 | -€1,768 | -92.4% |
| Furniture and vehicles | 24 | €4,192 | - | -€4,192 | |
| Financial fixed assets | 28 | €660 | €660 | = | 0.0% |
| Current assets | 29/58 | €149,569 | €194,613 | +€45,044 | +30.1% |
| Amounts receivable within one year | 40/41 | €142,200 | €192,240 | +€50,040 | +35.2% |
| Trade receivables | 40 | €89,721 | €109,423 | +€19,702 | +22.0% |
| Other amounts receivable | 41 | €52,479 | €82,817 | +€30,338 | +57.8% |
| Cash at bank and in hand | 54/58 | €4,669 | €106 | -€4,562 | -97.7% |
| Deferred charges and accrued income | 490/1 | €2,700 | €2,267 | -€433 | -16.0% |
| Total equity and liabilities | 10/49 | €1,973,100 | €1,973,396 | +€297 | 0.0% |
| Equity | 10/15 | -€140,793 | -€181,698 | -€40,905 | -29.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€290,793 | -€331,698 | -€40,905 | -14.1% |
| Amounts payable | 17/49 | €2,113,893 | €2,155,094 | +€41,201 | +1.9% |
| Amounts payable after more than one year | 17 | €1,232,252 | €1,163,474 | -€68,778 | -5.6% |
| Financial debts | 170/4 | €1,232,252 | €1,163,474 | -€68,778 | -5.6% |
| Amounts payable within one year | 42/48 | €881,641 | €991,620 | +€109,980 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €21,992 | - | -€21,992 | |
| Financial debts | 43 | €29,614 | €79,469 | +€49,855 | +168% |
| Credit institutions | 430/8 | €29,614 | €79,469 | +€49,855 | +168% |
| Trade debts | 44 | €202,845 | €199,774 | -€3,071 | -1.5% |
| Suppliers | 440/4 | €202,845 | €199,774 | -€3,071 | -1.5% |
| Taxes, remuneration and social security | 45 | €233 | €13,429 | +€13,197 | +5,674% |
| Taxes | 450/3 | €233 | €13,429 | +€13,197 | +5,674% |
| Other amounts payable | 47/48 | €626,958 | €698,948 | +€71,991 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,793 | €40,556 | -€10,237 | -20.2% |
| Other operating charges | 640/8 | €44,270 | €4,597 | -€39,672 | -89.6% |
| Gross operating margin | 9900 | €78,230 | €30,783 | -€47,447 | -60.7% |
| Operating profit (loss) | 9901 | -€16,832 | -€14,370 | +€2,462 | +14.6% |
| Financial income | 75/76B | €13 | €526 | +€513 | +4,023% |
| Recurring financial income | 75 | €13 | €526 | +€513 | +4,023% |
| Financial charges | 65/66B | €34,233 | €27,011 | -€7,222 | -21.1% |
| Recurring financial charges | 65 | €34,233 | €27,011 | -€7,222 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€51,052 | -€40,855 | +€10,197 | +20.0% |
| Income taxes | 67/77 | €233 | €50 | -€183 | -78.6% |
| Profit (loss) for the period | 9904 | -€51,284 | -€40,905 | +€10,380 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,284 | -€40,905 | +€10,380 | +20.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.