LHINK: 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.
LHINK
Largest movements
- Cash -€160,445
down €160,445 (-60.3%), from €266,238 to €105,793
mainly Current investments (-€100,000) and Net result for the year (-€43,066)
- Current investments +€100,000
new in 2025: €100,000
- Financial fixed assets +€39,520
new in 2025: €39,520
- Tangible fixed assets -€8,426
down €8,426 (-37.0%), from €22,761 to €14,335
of which Furniture and vehicles: -€6,821
- Profit (loss) carried forward -€43,066
down €43,066 (-69.5%), from €61,924 to €18,858
- Trade debts +€19,941
up €19,941 (+250%), from €7,992 to €27,933
- Tax, wage and social debts -€6,461
down €6,461 (-29.2%), from €22,137 to €15,676
of which Taxes: -€14,961
- Gross operating margin -€131,119
down €131,119, from €97,211 to -€33,908
- Taxes -€23,472
down €23,472 (-99.0%), from €23,710 to €238
- Financial income -€1,339
down €1,339 (-77.9%), from €1,718 to €379
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 | €318,941 | €287,491 | -€31,450 | -9.9% |
| Fixed assets | 21/28 | €22,761 | €53,855 | +€31,094 | +137% |
| Tangible fixed assets | 22/27 | €22,761 | €14,335 | -€8,426 | -37.0% |
| Land and buildings | 22 | €4,774 | €3,726 | -€1,048 | -22.0% |
| Plant, machinery and equipment | 23 | €3,569 | €3,012 | -€557 | -15.6% |
| Furniture and vehicles | 24 | €14,418 | €7,597 | -€6,821 | -47.3% |
| Financial fixed assets | 28 | - | €39,520 | +€39,520 | |
| Current assets | 29/58 | €296,179 | €233,636 | -€62,543 | -21.1% |
| Amounts receivable within one year | 40/41 | €29,192 | €26,615 | -€2,577 | -8.8% |
| Trade receivables | 40 | €11,178 | €8,615 | -€2,563 | -22.9% |
| Other amounts receivable | 41 | €18,014 | €18,000 | -€14 | -0.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €266,238 | €105,793 | -€160,445 | -60.3% |
| Deferred charges and accrued income | 490/1 | €749 | €1,228 | +€479 | +64.0% |
| Total equity and liabilities | 10/49 | €318,941 | €287,491 | -€31,450 | -9.9% |
| Equity | 10/15 | €286,424 | €243,358 | -€43,066 | -15.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €124,500 | €124,500 | = | 0.0% |
| Distributable reserves | 133 | €124,500 | €124,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,924 | €18,858 | -€43,066 | -69.5% |
| Amounts payable | 17/49 | €32,517 | €44,133 | +€11,616 | +35.7% |
| Amounts payable within one year | 42/48 | €32,517 | €44,133 | +€11,616 | +35.7% |
| Trade debts | 44 | €7,992 | €27,933 | +€19,941 | +250% |
| Suppliers | 440/4 | €7,992 | €27,933 | +€19,941 | +250% |
| Taxes, remuneration and social security | 45 | €22,137 | €15,676 | -€6,461 | -29.2% |
| Taxes | 450/3 | €22,137 | €7,176 | -€14,961 | -67.6% |
| Remuneration and social security | 454/9 | - | €8,500 | +€8,500 | |
| Other amounts payable | 47/48 | €2,388 | €524 | -€1,864 | -78.1% |
| Remuneration, social security and pensions | 62 | €61 | €0 | -€61 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,805 | €8,426 | +€621 | +8.0% |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Gross operating margin | 9900 | €97,211 | -€33,908 | -€131,119 | |
| Operating profit (loss) | 9901 | €88,618 | -€43,086 | -€131,704 | |
| Financial income | 75/76B | €1,718 | €379 | -€1,339 | -77.9% |
| Recurring financial income | 75 | €1,718 | €379 | -€1,339 | -77.9% |
| Financial charges | 65/66B | €99 | €121 | +€22 | +22.1% |
| Recurring financial charges | 65 | €99 | €121 | +€22 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €90,236 | -€42,828 | -€133,064 | |
| Income taxes | 67/77 | €23,710 | €238 | -€23,472 | -99.0% |
| Profit (loss) for the period | 9904 | €66,527 | -€43,066 | -€109,593 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,527 | -€43,066 | -€109,593 |
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 26 October 2026 via checked.be.