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
- Total assets +€136,676
up €136,676 (+4.4%), from €3.1m to €3.2m
of which Fixed assets: +€435,113
- Equity +€448,468
up €448,468 (+23.4%), from €1.9m to €2.4m
- Provisions -€325,246
no longer reported in 2011 (was €325,246)
- Gross operating margin -€36,542
down €36,542 (-4.5%), from €817,684 to €781,142
- Depreciation +€16,965
up €16,965 (+43.1%), from €39,353 to €56,318
From the 2010 result to the 2011 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2010 | 2011 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,108,787 | €3,245,463 | +€136,676 | +4.4% |
| Formation expenses | 20 | €6,760 | €5,538 | -€1,222 | -18.1% |
| Fixed assets | 21/28 | €1,960,928 | €2,396,041 | +€435,113 | +22.2% |
| Tangible fixed assets | 22/27 | €1,953,796 | €2,390,131 | +€436,335 | +22.3% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €1,147,859 | €849,422 | -€298,437 | -26.0% |
| Amounts receivable within one year | 40/41 | €120,404 | €114,450 | -€5,954 | -4.9% |
| Current investments | 50/53 | €554,669 | €560,232 | +€5,563 | +1.0% |
| Cash at bank and in hand | 54/58 | €469,200 | €167,749 | -€301,451 | -64.2% |
| Total equity and liabilities | 10/49 | €3,108,787 | €3,245,463 | +€136,676 | +4.4% |
| Equity | 10/15 | €1,913,257 | €2,361,725 | +€448,468 | +23.4% |
| Profit (loss) carried forward | 14 | €1,163,257 | €1,611,725 | +€448,468 | +38.6% |
| Provisions and deferred taxes | 16 | €325,246 | - | -€325,246 | |
| Amounts payable | 17/49 | €870,284 | €883,738 | +€13,454 | +1.5% |
| Amounts payable after more than one year | 17 | €672,321 | €643,109 | -€29,212 | -4.3% |
| Amounts payable within one year | 42/48 | €193,892 | €173,958 | -€19,934 | -10.3% |
| Trade debts | 44 | €102,315 | €54,468 | -€47,847 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,353 | €56,318 | +€16,965 | +43.1% |
| Gross operating margin | 9900 | €817,684 | €781,142 | -€36,542 | -4.5% |
| Operating profit (loss) | 9901 | €72,327 | €143,251 | +€70,924 | +98.1% |
| Recurring financial income | 75 | €10,121 | €7,375 | -€2,746 | -27.1% |
| Recurring financial charges | 65 | €22,355 | €26,938 | +€4,583 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €60,093 | €123,688 | +€63,595 | +105.8% |
| Profit (loss) for the period | 9904 | €59,704 | €448,468 | +€388,764 | +651.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2010 and 31 December 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.