IMMO LINCKX: 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.
IMMO LINCKX
Largest movements
- Receivables within one year -€66,992
down €66,992 (-39.2%), from €170,846 to €103,854
of which Other amounts receivable: -€67,667
- Tangible fixed assets -€61,655
down €61,655 (-9.2%), from €670,595 to €608,940
of which Land and buildings: -€105,035
- Cash -€52,870
down €52,870 (-98.9%), from €53,432 to €562
mainly Contributions, distributions and other (-€247,530) and Trade debts (-€78,237)
- Reserves -€247,530
down €247,530 (-19.4%), from €1.3m to €1.0m
of which Tax-exempt reserves: -€247,530
- Profit (loss) carried forward +€194,741
up €194,741 (+63.3%), from -€307,675 to -€112,934
- Trade debts -€78,237
down €78,237 (-74.2%), from €105,437 to €27,200
- Provisions -€71,863
down €71,863 (-20.2%), from €356,468 to €284,605
- Other debts +€30,002
up €30,002 (+2163.1%), from €1,387 to €31,389
- Gross operating margin +€171,869
up €171,869 (+343.9%), from €49,972 to €221,841
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 | €2,078,676 | €1,896,579 | -€182,097 | -8.8% |
| Fixed assets | 21/28 | €1,845,595 | €1,783,940 | -€61,655 | -3.3% |
| Tangible fixed assets | 22/27 | €670,595 | €608,940 | -€61,655 | -9.2% |
| Land and buildings | 22 | €406,819 | €301,784 | -€105,035 | -25.8% |
| Other tangible fixed assets | 26 | €23,776 | €18,756 | -€5,020 | -21.1% |
| Assets under construction and advance payments | 27 | €240,000 | €288,400 | +€48,400 | +20.2% |
| Financial fixed assets | 28 | €1,175,000 | €1,175,000 | = | 0.0% |
| Current assets | 29/58 | €233,081 | €112,639 | -€120,442 | -51.7% |
| Amounts receivable within one year | 40/41 | €170,846 | €103,854 | -€66,992 | -39.2% |
| Trade receivables | 40 | €92,846 | €93,521 | +€675 | +0.7% |
| Other amounts receivable | 41 | €78,000 | €10,333 | -€67,667 | -86.8% |
| Cash at bank and in hand | 54/58 | €53,432 | €562 | -€52,870 | -98.9% |
| Deferred charges and accrued income | 490/1 | €8,803 | €8,223 | -€580 | -6.6% |
| Total equity and liabilities | 10/49 | €2,078,676 | €1,896,579 | -€182,097 | -8.8% |
| Equity | 10/15 | €1,426,120 | €1,373,331 | -€52,789 | -3.7% |
| Contributions | 10/11 | €384,400 | €384,400 | = | 0.0% |
| Capital | 10 | €384,400 | €384,400 | = | 0.0% |
| Issued capital | 100 | €384,400 | €384,400 | = | 0.0% |
| Revaluation surpluses | 12 | €75,606 | €75,606 | = | 0.0% |
| Reserves | 13 | €1,273,789 | €1,026,259 | -€247,530 | -19.4% |
| Non-distributable reserves | 130/1 | €38,440 | €38,440 | = | 0.0% |
| Legal reserve | 130 | €38,440 | €38,440 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,235,349 | €987,819 | -€247,530 | -20.0% |
| Profit (loss) carried forward | 14 | -€307,675 | -€112,934 | +€194,741 | +63.3% |
| Provisions and deferred taxes | 16 | €356,468 | €284,605 | -€71,863 | -20.2% |
| Deferred taxes | 168 | €356,468 | €284,605 | -€71,863 | -20.2% |
| Amounts payable | 17/49 | €296,088 | €238,643 | -€57,445 | -19.4% |
| Amounts payable after more than one year | 17 | €157,296 | €133,295 | -€24,001 | -15.3% |
| Financial debts | 170/4 | €156,696 | €132,695 | -€24,001 | -15.3% |
| Other amounts payable | 178/9 | €600 | €600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €138,792 | €105,348 | -€33,444 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €31,968 | €37,295 | +€5,327 | +16.7% |
| Financial debts | 43 | - | €9,464 | +€9,464 | |
| Credit institutions | 430/8 | - | €9,464 | +€9,464 | |
| Trade debts | 44 | €105,437 | €27,200 | -€78,237 | -74.2% |
| Suppliers | 440/4 | €105,437 | €27,200 | -€78,237 | -74.2% |
| Other amounts payable | 47/48 | €1,387 | €31,389 | +€30,002 | +2163.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,660 | €16,194 | -€1,466 | -8.3% |
| Other operating charges | 640/8 | €780 | €2,260 | +€1,480 | +189.7% |
| Gross operating margin | 9900 | €49,972 | €221,841 | +€171,869 | +343.9% |
| Operating profit (loss) | 9901 | €31,532 | €203,387 | +€171,855 | +545.0% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €9,745 | €8,701 | -€1,044 | -10.7% |
| Recurring financial charges | 65 | €9,745 | €8,701 | -€1,044 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €21,787 | €194,741 | +€172,954 | +793.8% |
| Profit (loss) for the period | 9904 | €21,787 | €194,741 | +€172,954 | +793.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,787 | €194,741 | +€172,954 | +793.8% |
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.