LA LINEA: 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.
LA LINEA
Largest movements
- Tangible fixed assets -€26,315
down €26,315 (-20.9%), from €126,150 to €99,834
- Cash -€2,899
down €2,899 (-14.1%), from €20,505 to €17,606
mainly Debts after one year (-€25,134) and Current portion of long-term debt (-€5,087)
- Debts after one year -€25,134
down €25,134 (-19.1%), from €131,699 to €106,565
- Current portion of long-term debt -€5,087
down €5,087 (-16.8%), from €30,220 to €25,134
- Gross operating margin +€9,939
up €9,939 (+43.4%), from €22,901 to €32,840
- Depreciation -€6,854
down €6,854 (-21.3%), from €32,164 to €25,310
- Taxes +€860
up €860 (+615%), from €140 to €1,000
- Financial charges -€635
down €635 (-13.7%), from €4,627 to €3,992
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 | €281,587 | €253,027 | -€28,560 | -10.1% |
| Fixed assets | 21/28 | €236,180 | €209,864 | -€26,315 | -11.1% |
| Tangible fixed assets | 22/27 | €126,150 | €99,834 | -€26,315 | -20.9% |
| Land and buildings | 22 | €93,384 | €84,476 | -€8,908 | -9.5% |
| Plant, machinery and equipment | 23 | €22,003 | €11,551 | -€10,452 | -47.5% |
| Furniture and vehicles | 24 | €6,823 | €149 | -€6,674 | -97.8% |
| Other tangible fixed assets | 26 | €3,941 | €3,659 | -€281 | -7.1% |
| Financial fixed assets | 28 | €110,030 | €110,030 | = | 0.0% |
| Current assets | 29/58 | €45,407 | €43,163 | -€2,244 | -4.9% |
| Amounts receivable within one year | 40/41 | €24,000 | €24,713 | +€713 | +3.0% |
| Trade receivables | 40 | €17,231 | €16,823 | -€408 | -2.4% |
| Other amounts receivable | 41 | €6,770 | €7,890 | +€1,120 | +16.5% |
| Cash at bank and in hand | 54/58 | €20,505 | €17,606 | -€2,899 | -14.1% |
| Deferred charges and accrued income | 490/1 | €902 | €844 | -€58 | -6.4% |
| Total equity and liabilities | 10/49 | €281,587 | €253,027 | -€28,560 | -10.1% |
| Equity | 10/15 | €102,230 | €102,784 | +€555 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,648 | €99,648 | = | 0.0% |
| Distributable reserves | 133 | €99,648 | €99,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,018 | -€15,464 | +€555 | +3.5% |
| Amounts payable | 17/49 | €179,357 | €150,243 | -€29,115 | -16.2% |
| Amounts payable after more than one year | 17 | €131,699 | €106,565 | -€25,134 | -19.1% |
| Financial debts | 170/4 | €131,699 | €106,565 | -€25,134 | -19.1% |
| Amounts payable within one year | 42/48 | €47,658 | €43,678 | -€3,981 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €30,220 | €25,134 | -€5,087 | -16.8% |
| Trade debts | 44 | €1,550 | €1,146 | -€404 | -26.1% |
| Suppliers | 440/4 | €1,550 | €1,146 | -€404 | -26.1% |
| Taxes, remuneration and social security | 45 | €4,489 | €5,318 | +€829 | +18.5% |
| Taxes | 450/3 | €2,670 | €3,500 | +€829 | +31.1% |
| Remuneration and social security | 454/9 | €1,818 | €1,818 | = | 0.0% |
| Other amounts payable | 47/48 | €11,399 | €12,080 | +€681 | +6.0% |
| Non-recurring operating income | 76A | - | €978 | +€978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,164 | €25,310 | -€6,854 | -21.3% |
| Other operating charges | 640/8 | €1,988 | €1,985 | -€3 | -0.2% |
| Gross operating margin | 9900 | €22,901 | €32,840 | +€9,939 | +43.4% |
| Operating profit (loss) | 9901 | -€11,251 | €5,545 | +€16,796 | |
| Financial income | 75/76B | €0 | €2 | +€1 | +2,900% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +2,900% |
| Financial charges | 65/66B | €4,627 | €3,992 | -€635 | -13.7% |
| Recurring financial charges | 65 | €4,627 | €3,992 | -€635 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,878 | €1,555 | +€17,433 | |
| Income taxes | 67/77 | €140 | €1,000 | +€860 | +615% |
| Profit (loss) for the period | 9904 | -€16,018 | €555 | +€16,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,018 | €555 | +€16,573 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.