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
- Receivables after one year -€410,000
down €410,000 (-95.3%), from €430,000 to €20,000
- Reserves -€314,539
down €314,539 (-12.3%), from €2.5m to €2.2m
- Financial income -€4,426
down €4,426 (-52.1%), from €8,488 to €4,062
- Gross operating margin -€2,818
down €2,818, from €2,529 to -€290
- Taxes -€2,245
down €2,245 (-78.6%), from €2,856 to €611
- Depreciation -€247
down €247 (-38.9%), from €634 to €388
- Financial charges +€78
up €78 (+46.8%), from €167 to €245
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 | €9,585,755 | €9,188,126 | -€397,629 | -4.1% |
| Fixed assets | 21/28 | €8,692,184 | €8,693,046 | +€862 | 0.0% |
| Tangible fixed assets | 22/27 | €388 | €0 | -€388 | -100.0% |
| Furniture and vehicles | 24 | €388 | €0 | -€388 | -100.0% |
| Financial fixed assets | 28 | €8,691,796 | €8,693,046 | +€1,250 | 0.0% |
| Current assets | 29/58 | €893,571 | €495,080 | -€398,491 | -44.6% |
| Amounts receivable after more than one year | 29 | €430,000 | €20,000 | -€410,000 | -95.3% |
| Other amounts receivable | 291 | €430,000 | €20,000 | -€410,000 | -95.3% |
| Stocks and contracts in progress | 3 | €432,939 | €432,939 | = | 0.0% |
| Stocks | 30/36 | €432,939 | €432,939 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,293 | €11,233 | +€2,940 | +35.5% |
| Trade receivables | 40 | €8,022 | €6,873 | -€1,150 | -14.3% |
| Other amounts receivable | 41 | €271 | €4,361 | +€4,090 | +1510.6% |
| Cash at bank and in hand | 54/58 | €22,219 | €27,037 | +€4,818 | +21.7% |
| Deferred charges and accrued income | 490/1 | €120 | €3,870 | +€3,750 | +3125.2% |
| Total equity and liabilities | 10/49 | €9,585,755 | €9,188,126 | -€397,629 | -4.1% |
| Equity | 10/15 | €9,502,665 | €9,188,126 | -€314,539 | -3.3% |
| Contributions | 10/11 | €6,954,536 | €6,954,536 | = | 0.0% |
| Reserves | 13 | €2,548,129 | €2,233,590 | -€314,539 | -12.3% |
| Distributable reserves | 133 | €2,548,129 | €2,233,590 | -€314,539 | -12.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €83,090 | €0 | -€83,090 | -100.0% |
| Amounts payable within one year | 42/48 | €83,090 | €0 | -€83,090 | -100.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €373 | €0 | -€373 | -100.0% |
| Taxes | 450/3 | €373 | €0 | -€373 | -100.0% |
| Other amounts payable | 47/48 | €82,717 | €0 | -€82,717 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €388 | -€247 | -38.9% |
| Other operating charges | 640/8 | €1,240 | €1,273 | +€34 | +2.7% |
| Gross operating margin | 9900 | €2,529 | -€290 | -€2,818 | |
| Operating profit (loss) | 9901 | €654 | -€1,951 | -€2,605 | |
| Financial income | 75/76B | €8,488 | €4,062 | -€4,426 | -52.1% |
| Recurring financial income | 75 | €8,488 | €4,062 | -€4,426 | -52.1% |
| Financial charges | 65/66B | €167 | €245 | +€78 | +46.8% |
| Recurring financial charges | 65 | €167 | €245 | +€78 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €8,976 | €1,867 | -€7,109 | -79.2% |
| Income taxes | 67/77 | €2,856 | €611 | -€2,245 | -78.6% |
| Profit (loss) for the period | 9904 | €6,120 | €1,256 | -€4,864 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,120 | €1,256 | -€4,864 | -79.5% |
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 4 October 2026 via checked.be.