L-INK: 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.
L-INK
Largest movements
- Tangible fixed assets -€3,753
down €3,753 (-99.7%), from €3,764 to €10
- Profit (loss) carried forward -€2,617
down €2,617 (-8.3%), from -€31,391 to -€34,009
- Other debts -€2,005
down €2,005 (-63.7%), from €3,147 to €1,142
- Short-term financial debts +€1,237
up €1,237 (+13.0%), from €9,487 to €10,724
- Trade debts -€787
down €787 (-90.9%), from €865 to €79
- Tax, wage and social debts +€403
new in 2025: €403
- Depreciation -€5,156
down €5,156 (-57.9%), from €8,910 to €3,753
- Gross operating margin -€964
down €964 (-22.1%), from €4,366 to €3,402
- Taxes +€528
new in 2025: €528
- Financial charges -€318
down €318 (-19.3%), from €1,648 to €1,330
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 | €3,867 | €99 | -€3,768 | -97.5% |
| Fixed assets | 21/28 | €3,764 | €10 | -€3,753 | -99.7% |
| Tangible fixed assets | 22/27 | €3,764 | €10 | -€3,753 | -99.7% |
| Furniture and vehicles | 24 | €3,764 | €10 | -€3,753 | -99.7% |
| Current assets | 29/58 | €103 | €88 | -€15 | -14.5% |
| Amounts receivable within one year | 40/41 | €15 | - | -€15 | |
| Other amounts receivable | 41 | €15 | - | -€15 | |
| Cash at bank and in hand | 54/58 | €88 | €88 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,867 | €99 | -€3,768 | -97.5% |
| Equity | 10/15 | -€9,632 | -€12,250 | -€2,617 | -27.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,359 | €9,359 | = | 0.0% |
| Distributable reserves | 133 | €9,359 | €9,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,391 | -€34,009 | -€2,617 | -8.3% |
| Amounts payable | 17/49 | €13,499 | €12,348 | -€1,151 | -8.5% |
| Amounts payable within one year | 42/48 | €13,499 | €12,348 | -€1,151 | -8.5% |
| Financial debts | 43 | €9,487 | €10,724 | +€1,237 | +13.0% |
| Credit institutions | 430/8 | €9,487 | €10,724 | +€1,237 | +13.0% |
| Trade debts | 44 | €865 | €79 | -€787 | -90.9% |
| Suppliers | 440/4 | €865 | €79 | -€787 | -90.9% |
| Taxes, remuneration and social security | 45 | - | €403 | +€403 | |
| Taxes | 450/3 | - | €403 | +€403 | |
| Other amounts payable | 47/48 | €3,147 | €1,142 | -€2,005 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,910 | €3,753 | -€5,156 | -57.9% |
| Other operating charges | 640/8 | €416 | €407 | -€9 | -2.2% |
| Gross operating margin | 9900 | €4,366 | €3,402 | -€964 | -22.1% |
| Operating profit (loss) | 9901 | -€4,960 | -€759 | +€4,201 | +84.7% |
| Financial charges | 65/66B | €1,648 | €1,330 | -€318 | -19.3% |
| Recurring financial charges | 65 | €1,648 | €1,330 | -€318 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,608 | -€2,090 | +€4,519 | +68.4% |
| Income taxes | 67/77 | - | €528 | +€528 | |
| Profit (loss) for the period | 9904 | -€6,608 | -€2,617 | +€3,991 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,608 | -€2,617 | +€3,991 | +60.4% |
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 22 October 2026 via checked.be.