LIGNE PURE: what changed
LIGNE PURE
Largest movements
- Stocks and contracts +€236,554
up €236,554 (+40.2%), from €588,294 to €824,848
- Cash -€232,421
down €232,421 (-40.1%), from €579,530 to €347,109
mainly Contributions, distributions and other (-€250,000) and Stocks and contracts (-€236,554)
- Receivables within one year +€231,438
up €231,438 (+364%), from €63,660 to €295,099
of which Trade receivables: +€229,637
- Tangible fixed assets +€24,437
up €24,437 (+87.5%), from €27,937 to €52,374
of which Furniture and vehicles: +€32,143
- Deferred charges and accrued income +€16,421
up €16,421 (+156%), from €10,494 to €26,915
- Other debts +€250,000
up €250,000, from €0 to €250,000
- Trade debts -€115,529
down €115,529 (-30.3%), from €381,580 to €266,051
- Advances received +€85,493
up €85,493 (+90.3%), from €94,714 to €180,207
- Accrued charges and deferred income +€28,284
up €28,284 (+116%), from €24,479 to €52,763
- Reserves +€28,098
up €28,098 (+4.1%), from €681,537 to €709,635
of which Distributable reserves: +€28,098
- Gross operating margin +€168,776
up €168,776 (+83.2%), from €202,936 to €371,711
- Taxes -€23,521
down €23,521 (-69.1%), from €34,042 to €10,521
- Staff costs +€13,838
up €13,838 (+23.7%), from €58,496 to €72,334
- Financial income +€6,032
up €6,032 (+22.4%), from €26,955 to €32,987
- Financial charges +€4,634
up €4,634 (+20.7%), from €22,425 to €27,059
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,281,123 | €1,557,910 | +€276,787 | +21.6% |
| Fixed assets | 21/28 | €39,145 | €63,939 | +€24,794 | +63.3% |
| Intangible fixed assets | 21 | €9,208 | €7,366 | -€1,843 | -20.0% |
| Tangible fixed assets | 22/27 | €27,937 | €52,374 | +€24,437 | +87.5% |
| Plant, machinery and equipment | 23 | €2,968 | €667 | -€2,301 | -77.5% |
| Furniture and vehicles | 24 | €2,521 | €34,664 | +€32,143 | +1,275% |
| Leasing and similar rights | 25 | €22,448 | €17,043 | -€5,405 | -24.1% |
| Financial fixed assets | 28 | €2,000 | €4,200 | +€2,200 | +110% |
| Current assets | 29/58 | €1,241,978 | €1,493,971 | +€251,993 | +20.3% |
| Stocks and contracts in progress | 3 | €588,294 | €824,848 | +€236,554 | +40.2% |
| Stocks | 30/36 | €588,294 | €824,848 | +€236,554 | +40.2% |
| Amounts receivable within one year | 40/41 | €63,660 | €295,099 | +€231,438 | +364% |
| Trade receivables | 40 | €22,702 | €252,339 | +€229,637 | +1,012% |
| Other amounts receivable | 41 | €40,958 | €42,759 | +€1,801 | +4.4% |
| Cash at bank and in hand | 54/58 | €579,530 | €347,109 | -€232,421 | -40.1% |
| Deferred charges and accrued income | 490/1 | €10,494 | €26,915 | +€16,421 | +156% |
| Total equity and liabilities | 10/49 | €1,281,123 | €1,557,910 | +€276,787 | +21.6% |
| Equity | 10/15 | €743,537 | €771,635 | +€28,098 | +3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €681,537 | €709,635 | +€28,098 | +4.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €675,337 | €703,435 | +€28,098 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €537,586 | €786,275 | +€248,689 | +46.3% |
| Amounts payable after more than one year | 17 | €14,816 | €7,939 | -€6,877 | -46.4% |
| Financial debts | 170/4 | €14,816 | €7,939 | -€6,877 | -46.4% |
| Amounts payable within one year | 42/48 | €498,291 | €725,573 | +€227,282 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €6,471 | €6,877 | +€407 | +6.3% |
| Trade debts | 44 | €381,580 | €266,051 | -€115,529 | -30.3% |
| Suppliers | 440/4 | €381,580 | €266,051 | -€115,529 | -30.3% |
| Advances received on contracts in progress | 46 | €94,714 | €180,207 | +€85,493 | +90.3% |
| Taxes, remuneration and social security | 45 | €15,526 | €22,439 | +€6,912 | +44.5% |
| Taxes | 450/3 | €9,042 | €14,531 | +€5,489 | +60.7% |
| Remuneration and social security | 454/9 | €6,484 | €7,907 | +€1,423 | +21.9% |
| Other amounts payable | 47/48 | €0 | €250,000 | +€250,000 | |
| Accrued charges and deferred income | 492/3 | €24,479 | €52,763 | +€28,284 | +116% |
| Non-recurring operating income | 76A | €1,022 | €10,874 | +€9,852 | +964% |
| Remuneration, social security and pensions | 62 | €58,496 | €72,334 | +€13,838 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,469 | €11,890 | -€579 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,383 | +€3,383 | |
| Other operating charges | 640/8 | €2,621 | €1,415 | -€1,206 | -46.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €202,936 | €371,711 | +€168,776 | +83.2% |
| Operating profit (loss) | 9901 | €129,350 | €282,690 | +€153,340 | +119% |
| Financial income | 75/76B | €26,955 | €32,987 | +€6,032 | +22.4% |
| Recurring financial income | 75 | €26,955 | €32,987 | +€6,032 | +22.4% |
| Financial charges | 65/66B | €22,425 | €27,059 | +€4,634 | +20.7% |
| Recurring financial charges | 65 | €22,425 | €27,059 | +€4,634 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €133,881 | €288,619 | +€154,738 | +116% |
| Income taxes | 67/77 | €34,042 | €10,521 | -€23,521 | -69.1% |
| Profit (loss) for the period | 9904 | €99,839 | €278,098 | +€178,259 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €99,839 | €278,098 | +€178,259 | +179% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.