LIN: 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.
LIN
Largest movements
- Receivables within one year -€14,715
down €14,715 (-85.9%), from €17,134 to €2,418
of which Trade receivables: -€11,816
- Tangible fixed assets -€10,044
down €10,044 (-13.8%), from €72,594 to €62,549
- Intangible fixed assets -€6,200
down €6,200 (-16.5%), from €37,679 to €31,479
- Cash -€1,832
down €1,832 (-4.2%), from €43,840 to €42,008
mainly Contributions, distributions and other (-€40,000) and Current portion of long-term debt (-€23,561)
- Current portion of long-term debt -€23,561
down €23,561 (-91.6%), from €25,716 to €2,156
- Trade debts -€11,802
down €11,802 (-92.3%), from €12,791 to €989
- Tax, wage and social debts +€9,943
up €9,943 (+104.4%), from €9,527 to €19,470
of which Taxes: +€7,543
- Reserves -€4,945
down €4,945 (-8.6%), from €57,494 to €52,550
- Debts after one year -€2,156
down €2,156 (-100.0%), from €2,156 to €0
- Taxes +€9,712
up €9,712 (+65.5%), from €14,826 to €24,538
- Gross operating margin +€4,783
up €4,783 (+5.9%), from €81,260 to €86,043
- Other operating charges +€3,884
up €3,884 (+295.4%), from €1,315 to €5,199
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 | €173,780 | €140,003 | -€33,777 | -19.4% |
| Fixed assets | 21/28 | €110,272 | €94,028 | -€16,244 | -14.7% |
| Intangible fixed assets | 21 | €37,679 | €31,479 | -€6,200 | -16.5% |
| Tangible fixed assets | 22/27 | €72,594 | €62,549 | -€10,044 | -13.8% |
| Plant, machinery and equipment | 23 | €72,594 | €62,549 | -€10,044 | -13.8% |
| Current assets | 29/58 | €63,508 | €45,975 | -€17,533 | -27.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,134 | €2,418 | -€14,715 | -85.9% |
| Trade receivables | 40 | €11,816 | €0 | -€11,816 | -100.0% |
| Other amounts receivable | 41 | €5,318 | €2,418 | -€2,900 | -54.5% |
| Cash at bank and in hand | 54/58 | €43,840 | €42,008 | -€1,832 | -4.2% |
| Deferred charges and accrued income | 490/1 | €2,535 | €1,549 | -€985 | -38.9% |
| Total equity and liabilities | 10/49 | €173,780 | €140,003 | -€33,777 | -19.4% |
| Equity | 10/15 | €87,494 | €82,550 | -€4,945 | -5.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €57,494 | €52,550 | -€4,945 | -8.6% |
| Distributable reserves | 133 | €57,494 | €52,550 | -€4,945 | -8.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €86,286 | €57,454 | -€28,832 | -33.4% |
| Amounts payable after more than one year | 17 | €2,156 | €0 | -€2,156 | -100.0% |
| Financial debts | 170/4 | €2,156 | €0 | -€2,156 | -100.0% |
| Amounts payable within one year | 42/48 | €78,773 | €54,040 | -€24,733 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €25,716 | €2,156 | -€23,561 | -91.6% |
| Trade debts | 44 | €12,791 | €989 | -€11,802 | -92.3% |
| Suppliers | 440/4 | €12,791 | €989 | -€11,802 | -92.3% |
| Taxes, remuneration and social security | 45 | €9,527 | €19,470 | +€9,943 | +104.4% |
| Taxes | 450/3 | €9,527 | €17,070 | +€7,543 | +79.2% |
| Remuneration and social security | 454/9 | €0 | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €30,739 | €31,425 | +€686 | +2.2% |
| Accrued charges and deferred income | 492/3 | €5,357 | €3,413 | -€1,944 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,400 | €18,607 | +€208 | +1.1% |
| Other operating charges | 640/8 | €1,315 | €5,199 | +€3,884 | +295.4% |
| Gross operating margin | 9900 | €81,260 | €86,043 | +€4,783 | +5.9% |
| Operating profit (loss) | 9901 | €61,545 | €62,237 | +€692 | +1.1% |
| Financial income | 75/76B | €32 | €4 | -€28 | -88.6% |
| Recurring financial income | 75 | €32 | €4 | -€28 | -88.6% |
| Financial charges | 65/66B | €2,698 | €2,647 | -€51 | -1.9% |
| Recurring financial charges | 65 | €2,698 | €2,647 | -€51 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €58,879 | €59,593 | +€715 | +1.2% |
| Income taxes | 67/77 | €14,826 | €24,538 | +€9,712 | +65.5% |
| Profit (loss) for the period | 9904 | €44,053 | €35,055 | -€8,998 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,053 | €35,055 | -€8,998 | -20.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.