LA LINIERE: 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 LINIERE
Largest movements
- Tangible fixed assets -€77,183
down €77,183 (-4.5%), from €1.7m to €1.6m
- Cash -€29,764
down €29,764 (-12.8%), from €232,992 to €203,228
mainly Debts after one year (-€114,587) and Contributions, distributions and other (-€60,364)
- Debts after one year -€114,587
down €114,587 (-13.6%), from €845,087 to €730,500
- Other debts +€63,136
up €63,136 (+57.0%), from €110,727 to €173,863
- Reserves -€29,720
down €29,720 (-9.9%), from €298,925 to €269,205
of which Distributable reserves: -€31,397
- Gross operating margin -€16,723
down €16,723 (-8.9%), from €188,278 to €171,556
- Financial charges -€15,092
down €15,092 (-30.5%), from €49,480 to €34,388
of which Financial charges: -€15,392
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 | €1,997,183 | €1,906,252 | -€90,932 | -4.6% |
| Fixed assets | 21/28 | €1,712,359 | €1,635,176 | -€77,183 | -4.5% |
| Tangible fixed assets | 22/27 | €1,712,359 | €1,635,176 | -€77,183 | -4.5% |
| Land and buildings | 22 | €1,712,359 | €1,635,176 | -€77,183 | -4.5% |
| Current assets | 29/58 | €284,825 | €271,076 | -€13,749 | -4.8% |
| Amounts receivable within one year | 40/41 | €49,964 | €65,937 | +€15,973 | +32.0% |
| Trade receivables | 40 | €11,692 | €7,013 | -€4,679 | -40.0% |
| Other amounts receivable | 41 | €38,272 | €58,924 | +€20,652 | +54.0% |
| Cash at bank and in hand | 54/58 | €232,992 | €203,228 | -€29,764 | -12.8% |
| Deferred charges and accrued income | 490/1 | €1,869 | €1,911 | +€42 | +2.3% |
| Total equity and liabilities | 10/49 | €1,997,183 | €1,906,252 | -€90,932 | -4.6% |
| Equity | 10/15 | €898,519 | €868,798 | -€29,720 | -3.3% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €298,925 | €269,205 | -€29,720 | -9.9% |
| Non-distributable reserves | 130/1 | €34,100 | €35,777 | +€1,677 | +4.9% |
| Legal reserve | 130 | €34,100 | €35,777 | +€1,677 | +4.9% |
| Distributable reserves | 133 | €264,825 | €233,428 | -€31,397 | -11.9% |
| Profit (loss) carried forward | 14 | €149,593 | €149,593 | = | 0.0% |
| Amounts payable | 17/49 | €1,098,665 | €1,037,453 | -€61,212 | -5.6% |
| Amounts payable after more than one year | 17 | €845,087 | €730,500 | -€114,587 | -13.6% |
| Financial debts | 170/4 | €845,087 | €730,500 | -€114,587 | -13.6% |
| Amounts payable within one year | 42/48 | €242,285 | €296,882 | +€54,597 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €112,160 | €114,587 | +€2,427 | +2.2% |
| Trade debts | 44 | €16,265 | €5,414 | -€10,851 | -66.7% |
| Suppliers | 440/4 | €16,265 | €5,414 | -€10,851 | -66.7% |
| Taxes, remuneration and social security | 45 | €3,133 | €3,018 | -€115 | -3.7% |
| Taxes | 450/3 | €3,133 | €3,018 | -€115 | -3.7% |
| Other amounts payable | 47/48 | €110,727 | €173,863 | +€63,136 | +57.0% |
| Accrued charges and deferred income | 492/3 | €11,293 | €10,072 | -€1,222 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,106 | €77,183 | +€77 | +0.1% |
| Other operating charges | 640/8 | €14,825 | €15,290 | +€465 | +3.1% |
| Gross operating margin | 9900 | €188,278 | €171,556 | -€16,723 | -8.9% |
| Operating profit (loss) | 9901 | €96,347 | €79,083 | -€17,264 | -17.9% |
| Financial income | 75/76B | €50 | €26 | -€24 | -48.0% |
| Recurring financial income | 75 | €50 | €26 | -€24 | -48.0% |
| Financial charges | 65/66B | €49,480 | €34,388 | -€15,092 | -30.5% |
| Recurring financial charges | 65 | €49,480 | €34,088 | -€15,392 | -31.1% |
| Non-recurring financial charges | 66B | - | €300 | +€300 | |
| Profit (loss) for the period before taxes | 9903 | €46,917 | €44,721 | -€2,196 | -4.7% |
| Income taxes | 67/77 | €14,768 | €14,077 | -€691 | -4.7% |
| Profit (loss) for the period | 9904 | €32,149 | €30,644 | -€1,505 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,149 | €30,644 | -€1,505 | -4.7% |
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 14 October 2026 via checked.be.