HET LINDEKE: 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.
HET LINDEKE
Largest movements
- Tangible fixed assets -€22,044
down €22,044 (-5.5%), from €398,068 to €376,024
of which Land and buildings: -€21,324
- Debts after one year -€25,973
down €25,973 (-27.0%), from €96,148 to €70,176
- Profit (loss) carried forward +€9,585
up €9,585 (+21.4%), from €44,815 to €54,400
- Gross operating margin +€17,745
up €17,745 (+113%), from €15,715 to €33,460
- Depreciation -€4,980
down €4,980 (-18.4%), from €27,024 to €22,044
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 | €457,176 | €434,514 | -€22,662 | -5.0% |
| Fixed assets | 21/28 | €398,068 | €376,024 | -€22,044 | -5.5% |
| Tangible fixed assets | 22/27 | €398,068 | €376,024 | -€22,044 | -5.5% |
| Land and buildings | 22 | €392,206 | €370,882 | -€21,324 | -5.4% |
| Plant, machinery and equipment | 23 | €5,862 | €5,142 | -€721 | -12.3% |
| Current assets | 29/58 | €59,108 | €58,490 | -€618 | -1.0% |
| Amounts receivable within one year | 40/41 | €4,349 | €0 | -€4,349 | -100% |
| Trade receivables | 40 | €4,349 | €0 | -€4,349 | -100% |
| Cash at bank and in hand | 54/58 | €54,759 | €58,490 | +€3,731 | +6.8% |
| Total equity and liabilities | 10/49 | €457,176 | €434,514 | -€22,662 | -5.0% |
| Equity | 10/15 | €157,197 | €162,785 | +€5,588 | +3.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €93,790 | €89,793 | -€3,997 | -4.3% |
| Tax-exempt reserves | 132 | €91,931 | €87,934 | -€3,997 | -4.3% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,815 | €54,400 | +€9,585 | +21.4% |
| Provisions and deferred taxes | 16 | €47,337 | €45,279 | -€2,058 | -4.3% |
| Deferred taxes | 168 | €47,337 | €45,279 | -€2,058 | -4.3% |
| Amounts payable | 17/49 | €252,642 | €226,450 | -€26,192 | -10.4% |
| Amounts payable after more than one year | 17 | €96,148 | €70,176 | -€25,973 | -27.0% |
| Financial debts | 170/4 | €96,148 | €70,176 | -€25,973 | -27.0% |
| Amounts payable within one year | 42/48 | €156,493 | €156,274 | -€219 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €25,495 | €25,973 | +€478 | +1.9% |
| Trade debts | 44 | €48 | €283 | +€235 | +485% |
| Suppliers | 440/4 | €48 | €283 | +€235 | +485% |
| Other amounts payable | 47/48 | €130,950 | €130,018 | -€931 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,024 | €22,044 | -€4,980 | -18.4% |
| Other operating charges | 640/8 | €4,970 | €5,114 | +€144 | +2.9% |
| Gross operating margin | 9900 | €15,715 | €33,460 | +€17,745 | +113% |
| Operating profit (loss) | 9901 | -€16,279 | €6,302 | +€22,581 | |
| Financial income | 75/76B | - | €76 | +€76 | |
| Recurring financial income | 75 | - | €76 | +€76 | |
| Financial charges | 65/66B | €2,925 | €2,848 | -€78 | -2.7% |
| Recurring financial charges | 65 | €2,925 | €2,848 | -€78 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,204 | €3,530 | +€22,734 | |
| Transfer from deferred taxes | 780 | €2,058 | €2,058 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€17,146 | €5,588 | +€22,734 | |
| Transfer from tax-exempt reserves | 789 | €3,997 | €3,997 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,149 | €9,585 | +€22,734 |
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 26 October 2026 via checked.be.