2LINC: 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.
2LINC
Largest movements
- Deferred charges and accrued income -€9,761
down €9,761 (-60.4%), from €16,169 to €6,408
- Receivables within one year -€9,664
down €9,664 (-59.3%), from €16,290 to €6,626
of which Trade receivables: -€9,664
- Cash +€5,533
new in 2025: €5,533
mainly Deferred charges and accrued income (+€9,761) and Receivables within one year (+€9,664)
- Tangible fixed assets +€3,767
up €3,767 (+648%), from €581 to €4,348
- Current investments -€3,452
no longer reported in 2025 (was €3,452)
- Other debts -€20,592
down €20,592 (-71.5%), from €28,793 to €8,201
- Tax, wage and social debts +€8,845
new in 2025: €8,845
of which Taxes: +€7,472
- Profit (loss) carried forward -€3,716
down €3,716 (-439%), from -€846 to -€4,562
- Trade debts +€2,376
new in 2025: €2,376
- Accrued charges and deferred income -€490
down €490 (-100%), from €490 to €0
- Gross operating margin +€11,087
up €11,087, from -€8,172 to €2,915
- Taxes +€2,402
up €2,402, from -€799 to €1,603
- Staff costs +€916
up €916, from -€916 to €0
- Other operating charges +€433
up €433 (+44.1%), from €983 to €1,416
- Depreciation +€103
up €103 (+30.1%), from €341 to €444
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 | €36,492 | €22,915 | -€13,577 | -37.2% |
| Fixed assets | 21/28 | €581 | €4,348 | +€3,767 | +648% |
| Tangible fixed assets | 22/27 | €581 | €4,348 | +€3,767 | +648% |
| Furniture and vehicles | 24 | €581 | €4,348 | +€3,767 | +648% |
| Current assets | 29/58 | €35,911 | €18,567 | -€17,344 | -48.3% |
| Amounts receivable within one year | 40/41 | €16,290 | €6,626 | -€9,664 | -59.3% |
| Trade receivables | 40 | €13,638 | €3,973 | -€9,664 | -70.9% |
| Other amounts receivable | 41 | €2,652 | €2,652 | +€0 | 0.0% |
| Current investments | 50/53 | €3,452 | - | -€3,452 | |
| Cash at bank and in hand | 54/58 | - | €5,533 | +€5,533 | |
| Deferred charges and accrued income | 490/1 | €16,169 | €6,408 | -€9,761 | -60.4% |
| Total equity and liabilities | 10/49 | €36,492 | €22,915 | -€13,577 | -37.2% |
| Equity | 10/15 | €7,209 | €3,493 | -€3,716 | -51.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | -€846 | -€4,562 | -€3,716 | -439% |
| Amounts payable | 17/49 | €29,283 | €19,422 | -€9,861 | -33.7% |
| Amounts payable within one year | 42/48 | €28,793 | €19,422 | -€9,371 | -32.5% |
| Trade debts | 44 | - | €2,376 | +€2,376 | |
| Suppliers | 440/4 | - | €2,376 | +€2,376 | |
| Taxes, remuneration and social security | 45 | - | €8,845 | +€8,845 | |
| Taxes | 450/3 | - | €7,472 | +€7,472 | |
| Remuneration and social security | 454/9 | - | €1,373 | +€1,373 | |
| Other amounts payable | 47/48 | €28,793 | €8,201 | -€20,592 | -71.5% |
| Accrued charges and deferred income | 492/3 | €490 | €0 | -€490 | -100% |
| Remuneration, social security and pensions | 62 | -€916 | €0 | +€916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €444 | +€103 | +30.1% |
| Other operating charges | 640/8 | €983 | €1,416 | +€433 | +44.1% |
| Gross operating margin | 9900 | -€8,172 | €2,915 | +€11,087 | |
| Operating profit (loss) | 9901 | -€8,580 | €1,055 | +€9,635 | |
| Financial income | 75/76B | €114 | €179 | +€65 | +56.9% |
| Recurring financial income | 75 | €114 | €179 | +€65 | +56.9% |
| Financial charges | 65/66B | €3,252 | €3,347 | +€95 | +2.9% |
| Recurring financial charges | 65 | €3,252 | €3,347 | +€95 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,718 | -€2,113 | +€9,605 | +82.0% |
| Transfer from deferred taxes | 780 | €30 | €0 | -€30 | -100% |
| Income taxes | 67/77 | -€799 | €1,603 | +€2,402 | |
| Profit (loss) for the period | 9904 | -€10,888 | -€3,716 | +€7,172 | +65.9% |
| Transfer from tax-exempt reserves | 789 | €72 | €0 | -€72 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,816 | -€3,716 | +€7,100 | +65.6% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.