IN DE LINT: what changed
IN DE LINT
Largest movements
- Receivables within one year +€57,702
up €57,702 (+29.9%), from €193,272 to €250,974
of which Other amounts receivable: +€36,358
- Tangible fixed assets -€54,519
down €54,519 (-38.0%), from €143,536 to €89,016
of which Land and buildings: -€31,012
- Cash +€46,363
up €46,363 (+75.8%), from €61,168 to €107,532
mainly Net result for the year (+€259,665) and Tax, wage and social debts (+€71,882)
- Other debts -€295,925
down €295,925 (-78.4%), from €377,247 to €81,323
- Profit (loss) carried forward +€259,665
up €259,665 (+68.6%), from -€378,684 to -€119,019
- Tax, wage and social debts +€71,882
up €71,882 (+112%), from €64,388 to €136,270
of which Taxes: +€76,580
- Trade debts +€30,599
up €30,599 (+12.3%), from €249,060 to €279,659
- Current portion of long-term debt -€23,393
down €23,393 (-96.3%), from €24,292 to €900
- Write-downs -€465,209
no longer reported in 2025 (was €465,209)
- Gross operating margin -€116,416
down €116,416 (-18.5%), from €629,548 to €513,132
- Staff costs -€110,105
down €110,105 (-37.0%), from €297,651 to €187,546
- Financial charges -€33,151
down €33,151 (-78.3%), from €42,355 to €9,204
- Depreciation -€24,964
down €24,964 (-30.9%), from €80,884 to €55,919
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,820 | €471,323 | +€48,503 | +11.5% |
| Fixed assets | 21/28 | €148,527 | €94,008 | -€54,519 | -36.7% |
| Tangible fixed assets | 22/27 | €143,536 | €89,016 | -€54,519 | -38.0% |
| Land and buildings | 22 | €43,833 | €12,822 | -€31,012 | -70.7% |
| Plant, machinery and equipment | 23 | €38,792 | €25,622 | -€13,169 | -33.9% |
| Furniture and vehicles | 24 | €60,911 | €50,573 | -€10,338 | -17.0% |
| Financial fixed assets | 28 | €4,992 | €4,992 | = | 0.0% |
| Current assets | 29/58 | €274,293 | €377,315 | +€103,023 | +37.6% |
| Stocks and contracts in progress | 3 | €19,852 | €18,809 | -€1,043 | -5.3% |
| Stocks | 30/36 | €19,852 | €18,809 | -€1,043 | -5.3% |
| Amounts receivable within one year | 40/41 | €193,272 | €250,974 | +€57,702 | +29.9% |
| Trade receivables | 40 | €35 | €21,379 | +€21,345 | +61,247% |
| Other amounts receivable | 41 | €193,237 | €229,595 | +€36,358 | +18.8% |
| Cash at bank and in hand | 54/58 | €61,168 | €107,532 | +€46,363 | +75.8% |
| Total equity and liabilities | 10/49 | €422,820 | €471,323 | +€48,503 | +11.5% |
| Equity | 10/15 | -€292,168 | -€32,503 | +€259,665 | +88.9% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €49,016 | €49,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,750 | €3,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,750 | €3,750 | = | 0.0% |
| Distributable reserves | 133 | €45,266 | €45,266 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,684 | -€119,019 | +€259,665 | +68.6% |
| Amounts payable | 17/49 | €714,987 | €503,826 | -€211,161 | -29.5% |
| Amounts payable within one year | 42/48 | €714,987 | €503,826 | -€211,161 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €24,292 | €900 | -€23,393 | -96.3% |
| Trade debts | 44 | €249,060 | €279,659 | +€30,599 | +12.3% |
| Suppliers | 440/4 | €249,060 | €279,659 | +€30,599 | +12.3% |
| Advances received on contracts in progress | 46 | - | €5,675 | +€5,675 | |
| Taxes, remuneration and social security | 45 | €64,388 | €136,270 | +€71,882 | +112% |
| Taxes | 450/3 | €38,708 | €115,288 | +€76,580 | +198% |
| Remuneration and social security | 454/9 | €25,680 | €20,982 | -€4,698 | -18.3% |
| Other amounts payable | 47/48 | €377,247 | €81,323 | -€295,925 | -78.4% |
| Non-recurring operating income | 76A | €3,550 | - | -€3,550 | |
| Remuneration, social security and pensions | 62 | €297,651 | €187,546 | -€110,105 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,884 | €55,919 | -€24,964 | -30.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €465,209 | - | -€465,209 | |
| Other operating charges | 640/8 | €18,058 | €6,078 | -€11,979 | -66.3% |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | €629,548 | €513,132 | -€116,416 | -18.5% |
| Operating profit (loss) | 9901 | -€232,255 | €263,589 | +€495,843 | |
| Financial income | 75/76B | €530 | €9,525 | +€8,995 | +1,697% |
| Recurring financial income | 75 | €530 | €9,525 | +€8,995 | +1,697% |
| Financial charges | 65/66B | €42,355 | €9,204 | -€33,151 | -78.3% |
| Recurring financial charges | 65 | €42,355 | €9,204 | -€33,151 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | -€274,080 | €263,910 | +€537,989 | |
| Income taxes | 67/77 | €140 | €4,245 | +€4,105 | +2,943% |
| Profit (loss) for the period | 9904 | -€274,219 | €259,665 | +€533,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€274,219 | €259,665 | +€533,884 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.