Guy LINCE: what changed
Two fiscal 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.
Guy LINCE
Largest movements
- Cash -€210,828
down €210,828 (-43.9%), from €480,225 to €269,398
mainly Other debts (-€293,940) and Receivables after one year (-€58,000)
- Receivables after one year +€58,000
up €58,000 (+19.9%), from €292,000 to €350,000
- Receivables within one year +€21,925
up €21,925 (+11.5%), from €191,324 to €213,249
of which Trade receivables: +€16,405
- Other debts -€293,940
down €293,940 (-100.0%), from €293,940 to €0
- Reserves +€155,654
up €155,654 (+23.7%), from €656,521 to €812,175
of which Distributable reserves: +€155,654
- Gross operating margin -€36,895
down €36,895 (-13.3%), from €276,755 to €239,861
- Taxes -€7,128
down €7,128 (-8.8%), from €80,927 to €73,799
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 | €1,008,202 | €865,960 | -€142,242 | -14.1% |
| Fixed assets | 21/28 | €36,892 | €28,379 | -€8,513 | -23.1% |
| Tangible fixed assets | 22/27 | €36,892 | €28,379 | -€8,513 | -23.1% |
| Land and buildings | 22 | €35,059 | €24,297 | -€10,762 | -30.7% |
| Plant, machinery and equipment | 23 | - | €3,030 | +€3,030 | |
| Furniture and vehicles | 24 | €1,833 | €1,052 | -€781 | -42.6% |
| Current assets | 29/58 | €971,310 | €837,581 | -€133,729 | -13.8% |
| Amounts receivable after more than one year | 29 | €292,000 | €350,000 | +€58,000 | +19.9% |
| Other amounts receivable | 291 | €292,000 | €350,000 | +€58,000 | +19.9% |
| Stocks and contracts in progress | 3 | €2,403 | €0 | -€2,403 | -100.0% |
| Stocks | 30/36 | €2,403 | €0 | -€2,403 | -100.0% |
| Amounts receivable within one year | 40/41 | €191,324 | €213,249 | +€21,925 | +11.5% |
| Trade receivables | 40 | €81,308 | €97,713 | +€16,405 | +20.2% |
| Other amounts receivable | 41 | €110,016 | €115,536 | +€5,519 | +5.0% |
| Current investments | 50/53 | €4,106 | €4,118 | +€12 | +0.3% |
| Cash at bank and in hand | 54/58 | €480,225 | €269,398 | -€210,828 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,252 | €816 | -€436 | -34.8% |
| Total equity and liabilities | 10/49 | €1,008,202 | €865,960 | -€142,242 | -14.1% |
| Equity | 10/15 | €693,721 | €849,375 | +€155,654 | +22.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €656,521 | €812,175 | +€155,654 | +23.7% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €652,801 | €808,455 | +€155,654 | +23.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €314,481 | €16,585 | -€297,896 | -94.7% |
| Amounts payable within one year | 42/48 | €311,618 | €13,770 | -€297,848 | -95.6% |
| Trade debts | 44 | €1,249 | €1,593 | +€344 | +27.5% |
| Suppliers | 440/4 | €1,249 | €1,593 | +€344 | +27.5% |
| Taxes, remuneration and social security | 45 | €16,429 | €12,178 | -€4,252 | -25.9% |
| Taxes | 450/3 | €16,429 | €12,178 | -€4,252 | -25.9% |
| Other amounts payable | 47/48 | €293,940 | €0 | -€293,940 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,864 | €2,815 | -€49 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,528 | €12,274 | +€746 | +6.5% |
| Other operating charges | 640/8 | €3,745 | €3,899 | +€154 | +4.1% |
| Gross operating margin | 9900 | €276,755 | €239,861 | -€36,895 | -13.3% |
| Operating profit (loss) | 9901 | €261,482 | €223,687 | -€37,795 | -14.5% |
| Financial income | 75/76B | €8,466 | €5,843 | -€2,624 | -31.0% |
| Recurring financial income | 75 | €8,466 | €5,843 | -€2,624 | -31.0% |
| Financial charges | 65/66B | €255 | €77 | -€177 | -69.6% |
| Recurring financial charges | 65 | €255 | €77 | -€177 | -69.6% |
| Profit (loss) for the period before taxes | 9903 | €269,694 | €229,453 | -€40,241 | -14.9% |
| Income taxes | 67/77 | €80,927 | €73,799 | -€7,128 | -8.8% |
| Profit (loss) for the period | 9904 | €188,767 | €155,654 | -€33,113 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €188,767 | €155,654 | -€33,113 | -17.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.