LIN & COMPANY: 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 & COMPANY
Largest movements
- Receivables within one year +€142,551
up €142,551 (+2,791%), from €5,108 to €147,659
of which Trade receivables: +€145,020
- Cash +€75,603
up €75,603 (+68.3%), from €110,642 to €186,245
mainly Trade debts (+€141,240) and Net result for the year (+€39,399)
- Tangible fixed assets -€8,498
down €8,498 (-100%), from €8,498 to €0
- Trade debts +€141,240
up €141,240 (+3,262%), from €4,330 to €145,569
- Reserves +€39,300
up €39,300 (+1,638%), from €2,400 to €41,700
- Tax, wage and social debts +€20,563
up €20,563 (+188,136%), from €11 to €20,574
- Short-term financial debts +€7,908
new in 2025: €7,908
- Gross operating margin +€68,024
up €68,024 (+519%), from €13,110 to €81,134
- Taxes +€21,223
up €21,223 (+1,147%), from €1,851 to €23,074
- Financial charges +€8,616
up €8,616 (+903%), from €954 to €9,570
- Depreciation -€3,281
down €3,281 (-27.9%), from €11,779 to €8,498
- Financial income -€1,200
down €1,200 (-100%), from €1,200 to €0
of which Financial income: -€1,200
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 | €124,910 | €335,189 | +€210,280 | +168% |
| Fixed assets | 21/28 | €8,734 | €236 | -€8,498 | -97.3% |
| Tangible fixed assets | 22/27 | €8,498 | €0 | -€8,498 | -100% |
| Furniture and vehicles | 24 | €8,498 | €0 | -€8,498 | -100% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €116,175 | €334,953 | +€218,778 | +188% |
| Amounts receivable within one year | 40/41 | €5,108 | €147,659 | +€142,551 | +2,791% |
| Trade receivables | 40 | - | €145,020 | +€145,020 | |
| Other amounts receivable | 41 | €5,108 | €2,639 | -€2,469 | -48.3% |
| Cash at bank and in hand | 54/58 | €110,642 | €186,245 | +€75,603 | +68.3% |
| Deferred charges and accrued income | 490/1 | €426 | €1,049 | +€623 | +146% |
| Total equity and liabilities | 10/49 | €124,910 | €335,189 | +€210,280 | +168% |
| Equity | 10/15 | €8,645 | €48,043 | +€39,399 | +456% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,400 | €41,700 | +€39,300 | +1,638% |
| Distributable reserves | 133 | €2,400 | €41,700 | +€39,300 | +1,638% |
| Profit (loss) carried forward | 14 | €45 | €143 | +€99 | +221% |
| Amounts payable | 17/49 | €116,265 | €287,146 | +€170,881 | +147% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,265 | €272,146 | +€170,881 | +169% |
| Financial debts | 43 | - | €7,908 | +€7,908 | |
| Credit institutions | 430/8 | - | €7,908 | +€7,908 | |
| Trade debts | 44 | €4,330 | €145,569 | +€141,240 | +3,262% |
| Suppliers | 440/4 | €4,330 | €145,569 | +€141,240 | +3,262% |
| Advances received on contracts in progress | 46 | €54,115 | €54,115 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11 | €20,574 | +€20,563 | +188,136% |
| Taxes | 450/3 | €11 | €20,574 | +€20,563 | +188,136% |
| Other amounts payable | 47/48 | €42,809 | €43,980 | +€1,170 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,779 | €8,498 | -€3,281 | -27.9% |
| Other operating charges | 640/8 | €693 | €592 | -€101 | -14.6% |
| Gross operating margin | 9900 | €13,110 | €81,134 | +€68,024 | +519% |
| Operating profit (loss) | 9901 | €637 | €72,043 | +€71,406 | +11,209% |
| Financial income | 75/76B | €1,200 | €0 | -€1,200 | -100% |
| Recurring financial income | 75 | €1,200 | €0 | -€1,200 | -100% |
| Non-recurring financial income | 76B | €1,200 | €0 | -€1,200 | -100% |
| Financial charges | 65/66B | €954 | €9,570 | +€8,616 | +903% |
| Recurring financial charges | 65 | €954 | €9,570 | +€8,616 | +903% |
| Profit (loss) for the period before taxes | 9903 | €883 | €62,473 | +€61,590 | +6,973% |
| Income taxes | 67/77 | €1,851 | €23,074 | +€21,223 | +1,147% |
| Profit (loss) for the period | 9904 | -€968 | €39,399 | +€40,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€968 | €39,399 | +€40,366 |
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 30 October 2026 via checked.be.