De Lindedreef: what changed
Two financial 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 Lindedreef
Largest movements
- Receivables within one year -€174,732
down €174,732 (-93.1%), from €187,759 to €13,027
of which Trade receivables: -€108,448
- Cash +€25,694
up €25,694 (+32.2%), from €79,801 to €105,495
mainly Receivables within one year (+€174,732) and Other debts (+€130,000)
- Tangible fixed assets -€5,996
down €5,996 (-47.4%), from €12,653 to €6,657
of which Plant, machinery and equipment: -€5,388
- Deferred charges and accrued income +€4,110
up €4,110 (+118%), from €3,477 to €7,587
- Trade debts -€276,519
down €276,519 (-89.8%), from €307,793 to €31,275
- Other debts +€130,000
new in 2025: €130,000
- Tax, wage and social debts -€23,267
down €23,267 (-53.7%), from €43,324 to €20,057
of which Taxes: -€13,553
- Profit (loss) carried forward +€18,416
up €18,416, from -€13,561 to €4,855
- Staff costs -€117,032
down €117,032 (-34.7%), from €336,945 to €219,913
- Gross operating margin -€103,992
down €103,992 (-29.3%), from €354,717 to €250,724
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.
Derived cash bridge
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 | €356,157 | €205,722 | -€150,435 | -42.2% |
| Fixed assets | 21/28 | €79,772 | €73,777 | -€5,996 | -7.5% |
| Intangible fixed assets | 21 | €60,000 | €60,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,653 | €6,657 | -€5,996 | -47.4% |
| Plant, machinery and equipment | 23 | €11,289 | €5,900 | -€5,388 | -47.7% |
| Other tangible fixed assets | 26 | €1,364 | €757 | -€607 | -44.5% |
| Financial fixed assets | 28 | €7,120 | €7,120 | = | 0.0% |
| Current assets | 29/58 | €276,384 | €131,945 | -€144,439 | -52.3% |
| Stocks and contracts in progress | 3 | €5,348 | €5,836 | +€488 | +9.1% |
| Stocks | 30/36 | €5,348 | €5,836 | +€488 | +9.1% |
| Amounts receivable within one year | 40/41 | €187,759 | €13,027 | -€174,732 | -93.1% |
| Trade receivables | 40 | €121,475 | €13,027 | -€108,448 | -89.3% |
| Other amounts receivable | 41 | €66,284 | - | -€66,284 | |
| Cash at bank and in hand | 54/58 | €79,801 | €105,495 | +€25,694 | +32.2% |
| Deferred charges and accrued income | 490/1 | €3,477 | €7,587 | +€4,110 | +118% |
| Total equity and liabilities | 10/49 | €356,157 | €205,722 | -€150,435 | -42.2% |
| Equity | 10/15 | €5,039 | €23,455 | +€18,416 | +365% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,561 | €4,855 | +€18,416 | |
| Amounts payable | 17/49 | €351,117 | €182,266 | -€168,851 | -48.1% |
| Amounts payable within one year | 42/48 | €351,117 | €181,332 | -€169,786 | -48.4% |
| Trade debts | 44 | €307,793 | €31,275 | -€276,519 | -89.8% |
| Suppliers | 440/4 | €307,793 | €31,275 | -€276,519 | -89.8% |
| Taxes, remuneration and social security | 45 | €43,324 | €20,057 | -€23,267 | -53.7% |
| Taxes | 450/3 | €18,273 | €4,720 | -€13,553 | -74.2% |
| Remuneration and social security | 454/9 | €25,051 | €15,337 | -€9,714 | -38.8% |
| Other amounts payable | 47/48 | - | €130,000 | +€130,000 | |
| Accrued charges and deferred income | 492/3 | - | €934 | +€934 | |
| Remuneration, social security and pensions | 62 | €336,945 | €219,913 | -€117,032 | -34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,252 | €7,799 | +€546 | +7.5% |
| Other operating charges | 640/8 | €2,998 | €1,578 | -€1,420 | -47.4% |
| Gross operating margin | 9900 | €354,717 | €250,724 | -€103,992 | -29.3% |
| Operating profit (loss) | 9901 | €7,521 | €21,434 | +€13,913 | +185% |
| Financial income | 75/76B | €0 | €25 | +€25 | +5,520% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +5,520% |
| Financial charges | 65/66B | €2,659 | €3,043 | +€384 | +14.5% |
| Recurring financial charges | 65 | €2,659 | €3,043 | +€384 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €4,863 | €18,416 | +€13,554 | +279% |
| Profit (loss) for the period | 9904 | €4,863 | €18,416 | +€13,554 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €4,863 | €18,416 | +€13,554 | +279% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.