DE LINDE: 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.
DE LINDE
Largest movements
- Cash +€1.4m
up €1.4m (+91.0%), from €1.6m to €3.0m
mainly Current investments (+€1.0m) and Net result for the year (+€438,355)
- Current investments -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Reserves +€438,355
up €438,355 (+7.0%), from €6.2m to €6.7m
of which Distributable reserves: +€447,955
- Financial income +€36,850
up €36,850 (+119.9%), from €30,745 to €67,595
- Staff costs +€20,847
up €20,847 (+199.1%), from €10,472 to €31,318
- Gross operating margin +€6,992
up €6,992 (+1.2%), from €569,963 to €576,955
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 | €6,418,012 | €6,798,846 | +€380,834 | +5.9% |
| Fixed assets | 21/28 | €3,692,912 | €3,672,832 | -€20,080 | -0.5% |
| Tangible fixed assets | 22/27 | €3,692,912 | €3,672,832 | -€20,080 | -0.5% |
| Land and buildings | 22 | €3,692,635 | €3,672,598 | -€20,037 | -0.5% |
| Plant, machinery and equipment | 23 | €277 | €234 | -€43 | -15.5% |
| Current assets | 29/58 | €2,725,100 | €3,126,014 | +€400,914 | +14.7% |
| Amounts receivable within one year | 40/41 | €153,868 | €127,405 | -€26,463 | -17.2% |
| Trade receivables | 40 | €118,986 | €60,960 | -€58,026 | -48.8% |
| Other amounts receivable | 41 | €34,882 | €66,445 | +€31,563 | +90.5% |
| Current investments | 50/53 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €1,563,278 | €2,986,527 | +€1.4m | +91.0% |
| Deferred charges and accrued income | 490/1 | €7,954 | €12,081 | +€4,127 | +51.9% |
| Total equity and liabilities | 10/49 | €6,418,012 | €6,798,846 | +€380,834 | +5.9% |
| Equity | 10/15 | €6,339,913 | €6,778,268 | +€438,355 | +6.9% |
| Contributions | 10/11 | €115,513 | €115,513 | = | 0.0% |
| Capital | 10 | €115,513 | €115,513 | = | 0.0% |
| Issued capital | 100 | €115,513 | €115,513 | = | 0.0% |
| Reserves | 13 | €6,224,400 | €6,662,754 | +€438,355 | +7.0% |
| Non-distributable reserves | 130/1 | €11,551 | €11,551 | = | 0.0% |
| Legal reserve | 130 | €11,551 | €11,551 | = | 0.0% |
| Tax-exempt reserves | 132 | €918,960 | €909,360 | -€9,600 | -1.0% |
| Distributable reserves | 133 | €5,293,889 | €5,741,843 | +€447,955 | +8.5% |
| Amounts payable | 17/49 | €78,098 | €20,578 | -€57,521 | -73.7% |
| Amounts payable within one year | 42/48 | €78,098 | €20,578 | -€57,521 | -73.7% |
| Trade debts | 44 | €5,497 | €5,315 | -€182 | -3.3% |
| Suppliers | 440/4 | €5,497 | €5,315 | -€182 | -3.3% |
| Taxes, remuneration and social security | 45 | €72,601 | €14,859 | -€57,743 | -79.5% |
| Taxes | 450/3 | €71,926 | €10,705 | -€61,220 | -85.1% |
| Remuneration and social security | 454/9 | €676 | €4,153 | +€3,477 | +514.5% |
| Other amounts payable | 47/48 | €0 | €404 | +€404 | |
| Remuneration, social security and pensions | 62 | €10,472 | €31,318 | +€20,847 | +199.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,080 | €20,080 | = | 0.0% |
| Other operating charges | 640/8 | €10,554 | €10,691 | +€136 | +1.3% |
| Gross operating margin | 9900 | €569,963 | €576,955 | +€6,992 | +1.2% |
| Operating profit (loss) | 9901 | €528,856 | €514,866 | -€13,991 | -2.6% |
| Financial income | 75/76B | €30,745 | €67,595 | +€36,850 | +119.9% |
| Recurring financial income | 75 | €30,745 | €67,595 | +€36,850 | +119.9% |
| Financial charges | 65/66B | €396 | €296 | -€100 | -25.3% |
| Recurring financial charges | 65 | €396 | €296 | -€100 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €559,205 | €582,165 | +€22,960 | +4.1% |
| Income taxes | 67/77 | €141,264 | €143,811 | +€2,547 | +1.8% |
| Profit (loss) for the period | 9904 | €417,941 | €438,355 | +€20,413 | +4.9% |
| Transfer from tax-exempt reserves | 789 | €261,240 | €178,000 | -€83,240 | -31.9% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €168,400 | -€42,100 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €468,681 | €447,955 | -€20,727 | -4.4% |
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 6 October 2026 via checked.be.