LIJN-APPLICATIONS: 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.
LIJN-APPLICATIONS
Largest movements
- Receivables within one year +€52,518
up €52,518 (+91.9%), from €57,163 to €109,681
of which Trade receivables: +€27,058
- Tangible fixed assets +€35,129
up €35,129 (+12.5%), from €280,373 to €315,501
of which Furniture and vehicles: +€40,558
- Cash -€34,483
down €34,483 (-57.9%), from €59,592 to €25,109
mainly Investment in fixed assets (net) (-€77,179) and Receivables within one year (-€52,518)
- Debts after one year +€22,694
up €22,694 (+21.9%), from €103,407 to €126,101
- Other debts +€20,047
new in 2025: €20,047
- Tax, wage and social debts -€18,688
down €18,688 (-63.3%), from €29,541 to €10,853
of which Taxes: -€10,541
- Current portion of long-term debt +€11,545
up €11,545 (+57.3%), from €20,154 to €31,699
- Trade debts +€8,961
up €8,961 (+38.4%), from €23,343 to €32,304
- Gross operating margin -€54,225
down €54,225 (-20.3%), from €267,099 to €212,874
- Staff costs +€31,261
up €31,261 (+29.4%), from €106,381 to €137,642
- Taxes -€31,097
down €31,097 (-82.7%), from €37,581 to €6,484
- Depreciation +€10,693
up €10,693 (+34.1%), from €31,357 to €42,050
- Write-downs -€3,342
no longer reported in 2025 (was €3,342)
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 | €423,548 | €476,509 | +€52,960 | +12.5% |
| Fixed assets | 21/28 | €280,992 | €316,121 | +€35,129 | +12.5% |
| Tangible fixed assets | 22/27 | €280,373 | €315,501 | +€35,129 | +12.5% |
| Land and buildings | 22 | €191,073 | €187,965 | -€3,108 | -1.6% |
| Plant, machinery and equipment | 23 | €44,596 | €42,275 | -€2,321 | -5.2% |
| Furniture and vehicles | 24 | €44,703 | €85,261 | +€40,558 | +90.7% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €142,556 | €160,387 | +€17,831 | +12.5% |
| Stocks and contracts in progress | 3 | €15,312 | €16,510 | +€1,198 | +7.8% |
| Stocks | 30/36 | €15,312 | €16,510 | +€1,198 | +7.8% |
| Amounts receivable within one year | 40/41 | €57,163 | €109,681 | +€52,518 | +91.9% |
| Trade receivables | 40 | €52,355 | €79,413 | +€27,058 | +51.7% |
| Other amounts receivable | 41 | €4,808 | €30,268 | +€25,460 | +529.6% |
| Cash at bank and in hand | 54/58 | €59,592 | €25,109 | -€34,483 | -57.9% |
| Deferred charges and accrued income | 490/1 | €10,490 | €9,087 | -€1,402 | -13.4% |
| Total equity and liabilities | 10/49 | €423,548 | €476,509 | +€52,960 | +12.5% |
| Equity | 10/15 | €247,103 | €254,607 | +€7,503 | +3.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €137,103 | €144,607 | +€7,503 | +5.5% |
| Distributable reserves | 133 | €137,103 | €144,607 | +€7,503 | +5.5% |
| Amounts payable | 17/49 | €176,445 | €221,902 | +€45,457 | +25.8% |
| Amounts payable after more than one year | 17 | €103,407 | €126,101 | +€22,694 | +21.9% |
| Financial debts | 170/4 | €103,407 | €126,101 | +€22,694 | +21.9% |
| Amounts payable within one year | 42/48 | €73,038 | €94,903 | +€21,866 | +29.9% |
| Current portion of amounts payable after more than one year | 42 | €20,154 | €31,699 | +€11,545 | +57.3% |
| Trade debts | 44 | €23,343 | €32,304 | +€8,961 | +38.4% |
| Suppliers | 440/4 | €23,343 | €32,304 | +€8,961 | +38.4% |
| Taxes, remuneration and social security | 45 | €29,541 | €10,853 | -€18,688 | -63.3% |
| Taxes | 450/3 | €12,581 | €2,040 | -€10,541 | -83.8% |
| Remuneration and social security | 454/9 | €16,960 | €8,813 | -€8,147 | -48.0% |
| Other amounts payable | 47/48 | - | €20,047 | +€20,047 | |
| Accrued charges and deferred income | 492/3 | - | €898 | +€898 | |
| Non-recurring operating income | 76A | €420 | €23,357 | +€22,937 | +5455.9% |
| Remuneration, social security and pensions | 62 | €106,381 | €137,642 | +€31,261 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,357 | €42,050 | +€10,693 | +34.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,342 | - | -€3,342 | |
| Other operating charges | 640/8 | €2,721 | €3,021 | +€301 | +11.1% |
| Gross operating margin | 9900 | €267,099 | €212,874 | -€54,225 | -20.3% |
| Operating profit (loss) | 9901 | €123,299 | €30,160 | -€93,139 | -75.5% |
| Financial income | 75/76B | €1,200 | €831 | -€369 | -30.7% |
| Recurring financial income | 75 | €1,200 | €831 | -€369 | -30.7% |
| Financial charges | 65/66B | €5,165 | €4,004 | -€1,162 | -22.5% |
| Recurring financial charges | 65 | €5,165 | €4,004 | -€1,162 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €119,333 | €26,988 | -€92,346 | -77.4% |
| Income taxes | 67/77 | €37,581 | €6,484 | -€31,097 | -82.7% |
| Profit (loss) for the period | 9904 | €81,752 | €20,503 | -€61,248 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,752 | €20,503 | -€61,248 | -74.9% |
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.