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 -€19,811
down €19,811 (-20.1%), from €98,774 to €78,962
mainly Tax, wage and social debts (-€8,682) and Other debts (-€7,140)
- Tangible fixed assets +€5,503
up €5,503 (+28.2%), from €19,487 to €24,989
of which Plant, machinery and equipment: +€5,503
- Tax, wage and social debts -€8,682
down €8,682 (-84.6%), from €10,267 to €1,585
- Other debts -€7,140
down €7,140 (-97.8%), from €7,297 to €157
- Profit (loss) carried forward +€4,354
up €4,354 (+48.4%), from €8,996 to €13,350
- Trade debts -€2,840
no longer reported in 2025 (was €2,840)
- Gross operating margin -€9,079
down €9,079 (-52.4%), from €17,317 to €8,238
- Taxes -€2,381
down €2,381 (-60.0%), from €3,965 to €1,585
- Other operating charges -€566
down €566 (-26.9%), from €2,105 to €1,539
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 | €118,260 | €103,951 | -€14,309 | -12.1% |
| Fixed assets | 21/28 | €19,487 | €24,989 | +€5,503 | +28.2% |
| Tangible fixed assets | 22/27 | €19,487 | €24,989 | +€5,503 | +28.2% |
| Land and buildings | 22 | €18,870 | €18,870 | = | 0.0% |
| Plant, machinery and equipment | 23 | €617 | €6,119 | +€5,503 | +892.2% |
| Current assets | 29/58 | €98,774 | €78,962 | -€19,811 | -20.1% |
| Cash at bank and in hand | 54/58 | €98,774 | €78,962 | -€19,811 | -20.1% |
| Total equity and liabilities | 10/49 | €118,260 | €103,951 | -€14,309 | -12.1% |
| Equity | 10/15 | €97,855 | €102,209 | +€4,354 | +4.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,859 | €26,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €20,659 | €20,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,996 | €13,350 | +€4,354 | +48.4% |
| Amounts payable | 17/49 | €20,405 | €1,742 | -€18,663 | -91.5% |
| Amounts payable within one year | 42/48 | €20,405 | €1,742 | -€18,663 | -91.5% |
| Trade debts | 44 | €2,840 | - | -€2,840 | |
| Suppliers | 440/4 | €2,840 | - | -€2,840 | |
| Taxes, remuneration and social security | 45 | €10,267 | €1,585 | -€8,682 | -84.6% |
| Taxes | 450/3 | €10,267 | €1,585 | -€8,682 | -84.6% |
| Other amounts payable | 47/48 | €7,297 | €157 | -€7,140 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €617 | €705 | +€88 | +14.3% |
| Other operating charges | 640/8 | €2,105 | €1,539 | -€566 | -26.9% |
| Gross operating margin | 9900 | €17,317 | €8,238 | -€9,079 | -52.4% |
| Operating profit (loss) | 9901 | €14,595 | €5,994 | -€8,601 | -58.9% |
| Financial charges | 65/66B | €43 | €56 | +€12 | +28.3% |
| Recurring financial charges | 65 | €43 | €56 | +€12 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €14,552 | €5,939 | -€8,613 | -59.2% |
| Income taxes | 67/77 | €3,965 | €1,585 | -€2,381 | -60.0% |
| Profit (loss) for the period | 9904 | €10,587 | €4,354 | -€6,233 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,587 | €4,354 | -€6,233 | -58.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.