LASTLINK PROPERTIES: 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.
LASTLINK PROPERTIES
Largest movements
- Financial fixed assets +€2.5m
up €2.5m (+30.9%), from €8.0m to €10.5m
- Deferred charges and accrued income +€119,711
up €119,711 (+342.0%), from €35,003 to €154,714
- Debts after one year +€1.6m
up €1.6m (+27.5%), from €5.8m to €7.3m
- Other debts +€1.0m
up €1.0m (+48.9%), from €2.1m to €3.2m
- Profit (loss) carried forward -€421,905
down €421,905 (-54.4%), from -€775,621 to -€1.2m
- Financial income +€79,881
up €79,881 (+184.8%), from €43,229 to €123,110
- Gross operating margin -€59,093
down €59,093 (-399.3%), from -€14,801 to -€73,893
- Financial charges -€15,471
down €15,471 (-3.3%), from €474,490 to €459,019
- Depreciation +€6,975
up €6,975 (+168.9%), from €4,129 to €11,105
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 | €8,751,065 | €11,228,465 | +€2.5m | +28.3% |
| Formation expenses | 20 | €46,536 | €35,432 | -€11,105 | -23.9% |
| Fixed assets | 21/28 | €8,032,432 | €10,516,260 | +€2.5m | +30.9% |
| Financial fixed assets | 28 | €8,032,432 | €10,516,260 | +€2.5m | +30.9% |
| Current assets | 29/58 | €672,096 | €676,774 | +€4,678 | +0.7% |
| Amounts receivable within one year | 40/41 | €464,623 | €376,640 | -€87,983 | -18.9% |
| Trade receivables | 40 | €7,358 | €80,063 | +€72,705 | +988.1% |
| Other amounts receivable | 41 | €457,264 | €296,577 | -€160,687 | -35.1% |
| Cash at bank and in hand | 54/58 | €172,470 | €145,420 | -€27,050 | -15.7% |
| Deferred charges and accrued income | 490/1 | €35,003 | €154,714 | +€119,711 | +342.0% |
| Total equity and liabilities | 10/49 | €8,751,065 | €11,228,465 | +€2.5m | +28.3% |
| Equity | 10/15 | €744,379 | €322,473 | -€421,905 | -56.7% |
| Contributions | 10/11 | €1,520,000 | €1,520,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€775,621 | -€1,197,527 | -€421,905 | -54.4% |
| Amounts payable | 17/49 | €8,006,686 | €10,905,992 | +€2.9m | +36.2% |
| Amounts payable after more than one year | 17 | €5,762,071 | €7,344,911 | +€1.6m | +27.5% |
| Financial debts | 170/4 | €5,762,071 | €7,344,911 | +€1.6m | +27.5% |
| Amounts payable within one year | 42/48 | €2,176,769 | €3,386,197 | +€1.2m | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €28,911 | €78,160 | +€49,249 | +170.3% |
| Trade debts | 44 | €395 | €108,121 | +€107,725 | +27266.7% |
| Suppliers | 440/4 | €395 | €108,121 | +€107,725 | +27266.7% |
| Taxes, remuneration and social security | 45 | - | €2,654 | +€2,654 | |
| Taxes | 450/3 | - | €2,654 | +€2,654 | |
| Other amounts payable | 47/48 | €2,147,463 | €3,197,262 | +€1.0m | +48.9% |
| Accrued charges and deferred income | 492/3 | €67,845 | €174,884 | +€107,039 | +157.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,129 | €11,105 | +€6,975 | +168.9% |
| Other operating charges | 640/8 | €395 | €998 | +€603 | +152.7% |
| Gross operating margin | 9900 | -€14,801 | -€73,893 | -€59,093 | -399.3% |
| Operating profit (loss) | 9901 | -€19,325 | -€85,996 | -€66,671 | -345.0% |
| Financial income | 75/76B | €43,229 | €123,110 | +€79,881 | +184.8% |
| Recurring financial income | 75 | €43,229 | €123,110 | +€79,881 | +184.8% |
| Financial charges | 65/66B | €474,490 | €459,019 | -€15,471 | -3.3% |
| Recurring financial charges | 65 | €474,490 | €459,019 | -€15,471 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€450,586 | -€421,905 | +€28,680 | +6.4% |
| Profit (loss) for the period | 9904 | -€450,586 | -€421,905 | +€28,680 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€450,586 | -€421,905 | +€28,680 | +6.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.