FinLynx: 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.
FinLynx
Largest movements
- Receivables after one year -€69,661
no longer reported in 2025 (was €69,661)
- Cash +€62,285
up €62,285 (+7.0%), from €891,096 to €953,380
mainly Other debts (+€126,888) and Receivables after one year (+€69,661)
- Receivables within one year -€41,025
down €41,025 (-48.7%), from €84,217 to €43,192
of which Trade receivables: -€66,739
- Tangible fixed assets -€36,160
down €36,160 (-19.6%), from €184,252 to €148,092
of which Furniture and vehicles: -€31,066
- Reserves -€201,622
down €201,622 (-18.8%), from €1.1m to €872,334
- Other debts +€126,888
up €126,888 (+169.8%), from €74,734 to €201,622
- Gross operating margin -€284,867
down €284,867 (-89.1%), from €319,814 to €34,947
- Taxes -€83,429
down €83,429 (-98.5%), from €84,705 to €1,275
- Depreciation -€6,905
down €6,905 (-14.9%), from €46,281 to €39,376
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 | €1,229,886 | €1,145,087 | -€84,799 | -6.9% |
| Fixed assets | 21/28 | €184,252 | €148,092 | -€36,160 | -19.6% |
| Tangible fixed assets | 22/27 | €184,252 | €148,092 | -€36,160 | -19.6% |
| Land and buildings | 22 | €92,301 | €88,639 | -€3,662 | -4.0% |
| Plant, machinery and equipment | 23 | €3,332 | €2,891 | -€441 | -13.2% |
| Furniture and vehicles | 24 | €60,744 | €29,679 | -€31,066 | -51.1% |
| Other tangible fixed assets | 26 | €27,875 | €26,884 | -€992 | -3.6% |
| Current assets | 29/58 | €1,045,634 | €996,995 | -€48,639 | -4.7% |
| Amounts receivable after more than one year | 29 | €69,661 | - | -€69,661 | |
| Other amounts receivable | 291 | €69,661 | - | -€69,661 | |
| Amounts receivable within one year | 40/41 | €84,217 | €43,192 | -€41,025 | -48.7% |
| Trade receivables | 40 | €66,739 | - | -€66,739 | |
| Other amounts receivable | 41 | €17,478 | €43,192 | +€25,714 | +147.1% |
| Cash at bank and in hand | 54/58 | €891,096 | €953,380 | +€62,285 | +7.0% |
| Deferred charges and accrued income | 490/1 | €660 | €423 | -€237 | -35.9% |
| Total equity and liabilities | 10/49 | €1,229,886 | €1,145,087 | -€84,799 | -6.9% |
| Equity | 10/15 | €1,080,157 | €869,803 | -€210,353 | -19.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,073,957 | €872,334 | -€201,622 | -18.8% |
| Distributable reserves | 133 | €1,073,957 | €872,334 | -€201,622 | -18.8% |
| Profit (loss) carried forward | 14 | - | -€8,731 | -€8,731 | |
| Amounts payable | 17/49 | €149,729 | €275,284 | +€125,555 | +83.9% |
| Amounts payable after more than one year | 17 | €2,392 | €2,463 | +€70 | +2.9% |
| Financial debts | 170/4 | €2,392 | €2,463 | +€70 | +2.9% |
| Amounts payable within one year | 42/48 | €147,330 | €272,821 | +€125,491 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | €62,907 | €62,603 | -€303 | -0.5% |
| Financial debts | 43 | €101 | €101 | = | 0.0% |
| Credit institutions | 430/8 | €101 | €101 | = | 0.0% |
| Trade debts | 44 | €8,641 | €7,656 | -€985 | -11.4% |
| Suppliers | 440/4 | €8,641 | €7,656 | -€985 | -11.4% |
| Taxes, remuneration and social security | 45 | €947 | €839 | -€108 | -11.4% |
| Taxes | 450/3 | €947 | €839 | -€108 | -11.4% |
| Other amounts payable | 47/48 | €74,734 | €201,622 | +€126,888 | +169.8% |
| Accrued charges and deferred income | 492/3 | €7 | - | -€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,281 | €39,376 | -€6,905 | -14.9% |
| Other operating charges | 640/8 | €253 | €173 | -€80 | -31.6% |
| Gross operating margin | 9900 | €319,814 | €34,947 | -€284,867 | -89.1% |
| Operating profit (loss) | 9901 | €273,280 | -€4,602 | -€277,883 | |
| Financial charges | 65/66B | €3,285 | €2,853 | -€432 | -13.1% |
| Recurring financial charges | 65 | €3,285 | €2,853 | -€432 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €269,995 | -€7,456 | -€277,451 | |
| Income taxes | 67/77 | €84,705 | €1,275 | -€83,429 | -98.5% |
| Profit (loss) for the period | 9904 | €185,291 | -€8,731 | -€194,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €185,291 | -€8,731 | -€194,022 |
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 11 October 2026 via checked.be.