FU LIN: 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.
FU LIN
Largest movements
- Cash +€31,692
up €31,692 (+41.4%), from €76,477 to €108,169
mainly Receivables after one year (+€29,700) and Depreciation (+€26,672)
- Receivables after one year -€29,700
down €29,700 (-33.0%), from €90,000 to €60,300
- Tangible fixed assets -€26,672
down €26,672 (-69.3%), from €38,494 to €11,822
of which Furniture and vehicles: -€23,387
- Receivables within one year +€16,609
up €16,609 (+533%), from €3,114 to €19,724
of which Other amounts receivable: +€19,605
- Deferred charges and accrued income +€2,630
new in 2025: €2,630
- Other debts -€10,497
no longer reported in 2025 (was €10,497)
- Reserves +€8,962
up €8,962 (+5.3%), from €170,410 to €179,372
of which Distributable reserves: +€8,962
- Tax, wage and social debts -€3,361
down €3,361 (-32.6%), from €10,308 to €6,947
of which Taxes: -€4,803
- Trade debts +€3,188
new in 2025: €3,188
- Current portion of long-term debt -€2,233
no longer reported in 2025 (was €2,233)
- Staff costs +€18,346
up €18,346 (+159%), from €11,554 to €29,900
- Taxes -€10,091
down €10,091 (-70.2%), from €14,385 to €4,293
- Gross operating margin -€5,938
down €5,938 (-7.2%), from €82,996 to €77,057
- Financial charges +€4,989
up €4,989 (+200%), from €2,500 to €7,490
- Other operating charges -€3,317
down €3,317 (-55.7%), from €5,957 to €2,639
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 | €212,047 | €208,107 | -€3,940 | -1.9% |
| Fixed assets | 21/28 | €38,494 | €11,822 | -€26,672 | -69.3% |
| Tangible fixed assets | 22/27 | €38,494 | €11,822 | -€26,672 | -69.3% |
| Plant, machinery and equipment | 23 | €1,980 | €1,567 | -€413 | -20.9% |
| Furniture and vehicles | 24 | €30,789 | €7,403 | -€23,387 | -76.0% |
| Other tangible fixed assets | 26 | €5,725 | €2,852 | -€2,872 | -50.2% |
| Current assets | 29/58 | €173,553 | €196,285 | +€22,732 | +13.1% |
| Amounts receivable after more than one year | 29 | €90,000 | €60,300 | -€29,700 | -33.0% |
| Trade receivables | 290 | €90,000 | €60,300 | -€29,700 | -33.0% |
| Stocks and contracts in progress | 3 | €3,962 | €5,462 | +€1,500 | +37.9% |
| Stocks | 30/36 | €3,962 | €5,462 | +€1,500 | +37.9% |
| Amounts receivable within one year | 40/41 | €3,114 | €19,724 | +€16,609 | +533% |
| Trade receivables | 40 | €2,995 | - | -€2,995 | |
| Other amounts receivable | 41 | €119 | €19,724 | +€19,605 | +16,476% |
| Cash at bank and in hand | 54/58 | €76,477 | €108,169 | +€31,692 | +41.4% |
| Deferred charges and accrued income | 490/1 | - | €2,630 | +€2,630 | |
| Total equity and liabilities | 10/49 | €212,047 | €208,107 | -€3,940 | -1.9% |
| Equity | 10/15 | €189,010 | €197,972 | +€8,962 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,410 | €179,372 | +€8,962 | +5.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €168,550 | €177,512 | +€8,962 | +5.3% |
| Amounts payable | 17/49 | €23,038 | €10,135 | -€12,902 | -56.0% |
| Amounts payable within one year | 42/48 | €23,038 | €10,135 | -€12,902 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €2,233 | - | -€2,233 | |
| Trade debts | 44 | - | €3,188 | +€3,188 | |
| Suppliers | 440/4 | - | €3,188 | +€3,188 | |
| Taxes, remuneration and social security | 45 | €10,308 | €6,947 | -€3,361 | -32.6% |
| Taxes | 450/3 | €8,539 | €3,736 | -€4,803 | -56.2% |
| Remuneration and social security | 454/9 | €1,768 | €3,211 | +€1,443 | +81.6% |
| Other amounts payable | 47/48 | €10,497 | - | -€10,497 | |
| Remuneration, social security and pensions | 62 | €11,554 | €29,900 | +€18,346 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,013 | €26,672 | -€341 | -1.3% |
| Other operating charges | 640/8 | €5,957 | €2,639 | -€3,317 | -55.7% |
| Gross operating margin | 9900 | €82,996 | €77,057 | -€5,938 | -7.2% |
| Operating profit (loss) | 9901 | €38,471 | €17,846 | -€20,626 | -53.6% |
| Financial income | 75/76B | €3,328 | €2,899 | -€430 | -12.9% |
| Recurring financial income | 75 | €3,328 | €2,899 | -€430 | -12.9% |
| Financial charges | 65/66B | €2,500 | €7,490 | +€4,989 | +200% |
| Recurring financial charges | 65 | €2,500 | €7,490 | +€4,989 | +200% |
| Profit (loss) for the period before taxes | 9903 | €39,300 | €13,255 | -€26,045 | -66.3% |
| Income taxes | 67/77 | €14,385 | €4,293 | -€10,091 | -70.2% |
| Profit (loss) for the period | 9904 | €24,915 | €8,962 | -€15,953 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,915 | €8,962 | -€15,953 | -64.0% |
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 17 October 2026 via checked.be.