De Linde: what changed
What changed
De Linde
NACE 87.301, Residential care activities
filed annual accounts (NBB)
Net result for the year
€28,677
2024 · -€488,736+€517,413
Equity
€62,802
2024 · €34,125+€28,677
Cash
€68,686
2024 · €343,718-€275,032
Balance sheet total
€3.7m
2024 · €3.2m+€543,431
Largest movements
Assets
- Receivables within one year +€743,342
up €743,342 (+67.7%), from €1.1m to €1.8m
of which Other amounts receivable: +€900,523
- Cash -€275,032
down €275,032 (-80.0%), from €343,718 to €68,686
mainly Receivables within one year (-€743,342) and Investment in fixed assets (net) (-€119,733)
- Tangible fixed assets +€93,539
up €93,539 (+5.7%), from €1.6m to €1.7m
of which Assets under construction and advance payments: +€58,238
Equity and liabilities
- Debts within one year +€484,834
up €484,834 (+15.4%), from €3.1m to €3.6m
of which Trade debts: +€292,159
Income statement
- Gross operating margin +€563,156
up €563,156 (+12.6%), from €4.5m to €5.0m
- Financial charges -€125,447
down €125,447 (-81.7%), from €153,546 to €28,099
of which Non-recurring financial charges: -€119,459
- Financial income -€57,962
down €57,962 (-84.1%), from €68,939 to €10,977
of which Non-recurring financial income: -€65,515
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€488,736
Gross operating margin
+€563,156
Staff costs
+€27,980
Depreciation
-€13,044
Write-downs
+€23,529
Other operating charges
-€3,933
Other operating items
-€147,759
Financial income
-€57,962
Financial charges
+€125,447
Result 2025
€28,677
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€185,219
Investment
-€119,733
Financing
+€29,920
Cash 2024
€343,718
From operations (derived)
-€185,219
Net result for the year
+€28,677
Depreciation
+€39,512
Receivables within one year
-€743,342
Deferred charges and accrued income
+€5,100
Debts within one year
+€484,834
Investment (derived)
-€119,733
Investment in fixed assets (net)
-€119,733
Financing
+€29,920
Debts after one year
+€29,920
Cash 2025
€68,686
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,177,177 | €3,720,609 | +€543,431 | +17.1% |
| Fixed assets | 21/28 | €1,707,091 | €1,787,313 | +€80,222 | +4.7% |
| Intangible fixed assets | 21 | €63,809 | €50,471 | -€13,338 | -20.9% |
| Tangible fixed assets | 22/27 | €1,643,283 | €1,736,822 | +€93,539 | +5.7% |
| Land and buildings | 22 | €956,445 | €984,644 | +€28,199 | +2.9% |
| Plant, machinery and equipment | 23 | €35,154 | €43,248 | +€8,095 | +23.0% |
| Furniture and vehicles | 24 | €7,931 | €6,939 | -€991 | -12.5% |
| Assets under construction and advance payments | 27 | €643,753 | €701,991 | +€58,238 | +9.0% |
| Financial fixed assets | 28 | - | €20 | +€20 | |
| Current assets | 29/58 | €1,470,086 | €1,933,296 | +€463,210 | +31.5% |
| Stocks and contracts in progress | 3 | €20,482 | €20,482 | = | 0.0% |
| Stocks | 30/36 | €20,482 | €20,482 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,098,148 | €1,841,490 | +€743,342 | +67.7% |
| Trade receivables | 40 | €1,098,148 | €940,967 | -€157,181 | -14.3% |
| Other amounts receivable | 41 | - | €900,523 | +€900,523 | |
| Cash at bank and in hand | 54/58 | €343,718 | €68,686 | -€275,032 | -80.0% |
| Deferred charges and accrued income | 490/1 | €7,738 | €2,638 | -€5,100 | -65.9% |
| Total equity and liabilities | 10/49 | €3,177,177 | €3,720,609 | +€543,431 | +17.1% |
| Equity | 10/15 | €34,125 | €62,802 | +€28,677 | +84.0% |
| Reserves | 13 | €810,000 | €810,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€775,875 | -€747,198 | +€28,677 | +3.7% |
| Amounts payable | 17/49 | €3,143,053 | €3,657,807 | +€514,754 | +16.4% |
| Amounts payable after more than one year | 17 | - | €29,920 | +€29,920 | |
| Financial debts | 170/4 | - | €29,920 | +€29,920 | |
| Amounts payable within one year | 42/48 | €3,143,053 | €3,627,887 | +€484,834 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | - | €70,180 | +€70,180 | |
| Financial debts | 43 | €500,000 | €360,000 | -€140,000 | -28.0% |
| Credit institutions | 430/8 | €500,000 | €360,000 | -€140,000 | -28.0% |
| Trade debts | 44 | €1,752,606 | €2,044,765 | +€292,159 | +16.7% |
| Suppliers | 440/4 | €1,752,606 | €2,044,765 | +€292,159 | +16.7% |
| Taxes, remuneration and social security | 45 | €658,746 | €741,897 | +€83,150 | +12.6% |
| Taxes | 450/3 | €89,687 | €107,973 | +€18,287 | +20.4% |
| Remuneration and social security | 454/9 | €569,060 | €633,924 | +€64,864 | +11.4% |
| Non-recurring operating income | 76A | - | €567,532 | +€567,532 | |
| Remuneration, social security and pensions | 62 | €4,814,650 | €4,786,670 | -€27,980 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,467 | €39,512 | +€13,044 | +49.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,052 | €9,523 | -€23,529 | -71.2% |
| Other operating charges | 640/8 | €2,723 | €6,655 | +€3,933 | +144% |
| Non-recurring operating charges | 66A | - | €147,759 | +€147,759 | |
| Gross operating margin | 9900 | €4,472,763 | €5,035,918 | +€563,156 | +12.6% |
| Operating profit (loss) | 9901 | -€404,128 | €45,800 | +€449,928 | |
| Financial income | 75/76B | €68,939 | €10,977 | -€57,962 | -84.1% |
| Recurring financial income | 75 | €3,424 | €10,977 | +€7,553 | +221% |
| Non-recurring financial income | 76B | €65,515 | - | -€65,515 | |
| Financial charges | 65/66B | €153,546 | €28,099 | -€125,447 | -81.7% |
| Recurring financial charges | 65 | €34,087 | €28,099 | -€5,987 | -17.6% |
| Non-recurring financial charges | 66B | €119,459 | - | -€119,459 | |
| Profit (loss) for the period before taxes | 9903 | -€488,736 | €28,677 | +€517,413 | |
| Profit (loss) for the period | 9904 | -€488,736 | €28,677 | +€517,413 | |
| Profit (loss) for the period to be appropriated | 9905 | -€488,736 | €28,677 | +€517,413 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.