DE LYNCK: 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 LYNCK
Largest movements
- Financial fixed assets -€1.6m
down €1.6m (-23.2%), from €6.8m to €5.2m
- Contributions -€3.8m
down €3.8m (-98.4%), from €3.9m to €61,500
- Profit (loss) carried forward +€3.5m
up €3.5m (+371%), from €957,473 to €4.5m
- Other debts -€998,222
down €998,222 (-62.4%), from €1.6m to €600,321
- Debts after one year -€95,939
down €95,939 (-86.4%), from €111,095 to €15,156
- Reserves -€74,180
down €74,180 (-92.3%), from €80,330 to €6,150
- Financial income +€5.9m
up €5.9m (+1,839%), from €320,099 to €6.2m
- Financial charges +€1.5m
up €1.5m (+2,969%), from €51,732 to €1.6m
of which Non-recurring financial charges: +€1.6m
- Taxes +€171,254
up €171,254 (+590%), from €29,020 to €200,274
- Gross operating margin -€48,843
down €48,843 (-29.0%), from €168,546 to €119,703
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,854,774 | €5,310,202 | -€1.5m | -22.5% |
| Fixed assets | 21/28 | €6,850,630 | €5,249,086 | -€1.6m | -23.4% |
| Tangible fixed assets | 22/27 | €75,181 | €45,926 | -€29,255 | -38.9% |
| Furniture and vehicles | 24 | €75,181 | €45,926 | -€29,255 | -38.9% |
| Financial fixed assets | 28 | €6,775,449 | €5,203,160 | -€1.6m | -23.2% |
| Current assets | 29/58 | €4,144 | €61,116 | +€56,972 | +1,375% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,144 | €61,116 | +€56,972 | +1,375% |
| Total equity and liabilities | 10/49 | €6,854,774 | €5,310,202 | -€1.5m | -22.5% |
| Equity | 10/15 | €4,947,627 | €4,575,035 | -€372,592 | -7.5% |
| Contributions | 10/11 | €3,909,824 | €61,500 | -€3.8m | -98.4% |
| Capital | 10 | €3,909,824 | €61,500 | -€3.8m | -98.4% |
| Issued capital | 100 | €3,909,824 | €61,500 | -€3.8m | -98.4% |
| Reserves | 13 | €80,330 | €6,150 | -€74,180 | -92.3% |
| Non-distributable reserves | 130/1 | €80,330 | €6,150 | -€74,180 | -92.3% |
| Legal reserve | 130 | €80,330 | €6,150 | -€74,180 | -92.3% |
| Other | 1319 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €957,473 | €4,507,385 | +€3.5m | +371% |
| Amounts payable | 17/49 | €1,907,147 | €735,167 | -€1.2m | -61.5% |
| Amounts payable after more than one year | 17 | €111,095 | €15,156 | -€95,939 | -86.4% |
| Financial debts | 170/4 | €111,095 | €15,156 | -€95,939 | -86.4% |
| Amounts payable within one year | 42/48 | €1,796,052 | €720,011 | -€1.1m | -59.9% |
| Current portion of amounts payable after more than one year | 42 | €164,164 | €95,939 | -€68,225 | -41.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €33,345 | €23,751 | -€9,594 | -28.8% |
| Taxes | 450/3 | €27,545 | €19,401 | -€8,144 | -29.6% |
| Remuneration and social security | 454/9 | €5,800 | €4,350 | -€1,450 | -25.0% |
| Other amounts payable | 47/48 | €1,598,543 | €600,321 | -€998,222 | -62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,255 | €29,255 | = | 0.0% |
| Other operating charges | 640/8 | €2,162 | €2,083 | -€78 | -3.6% |
| Gross operating margin | 9900 | €168,546 | €119,703 | -€48,843 | -29.0% |
| Operating profit (loss) | 9901 | €137,130 | €88,365 | -€48,765 | -35.6% |
| Financial income | 75/76B | €320,099 | €6,206,965 | +€5.9m | +1,839% |
| Recurring financial income | 75 | €320,099 | €6,206,965 | +€5.9m | +1,839% |
| Financial charges | 65/66B | €51,732 | €1,587,670 | +€1.5m | +2,969% |
| Recurring financial charges | 65 | €51,732 | €15,381 | -€36,351 | -70.3% |
| Non-recurring financial charges | 66B | - | €1,572,289 | +€1.6m | |
| Profit (loss) for the period before taxes | 9903 | €405,497 | €4,707,659 | +€4.3m | +1,061% |
| Income taxes | 67/77 | €29,020 | €200,274 | +€171,254 | +590% |
| Profit (loss) for the period | 9904 | €376,477 | €4,507,385 | +€4.1m | +1,097% |
| Profit (loss) for the period to be appropriated | 9905 | €376,477 | €4,507,385 | +€4.1m | +1,097% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.