LIN'NOVA: 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.
LIN'NOVA
Largest movements
- Receivables within one year -€53,689
down €53,689 (-97.3%), from €55,168 to €1,480
of which Trade receivables: -€53,689
- Tangible fixed assets +€30,954
new in 2025: €30,954
of which Furniture and vehicles: +€29,018
- Cash +€12,714
up €12,714 (+263.4%), from €4,827 to €17,541
mainly Receivables within one year (+€53,689) and Depreciation (+€7,294)
- Stocks and contracts +€8,945
new in 2025: €8,945
- Trade debts -€7,890
down €7,890 (-92.3%), from €8,547 to €657
- Tax, wage and social debts +€6,567
up €6,567 (+210.8%), from €3,115 to €9,682
of which Taxes: +€6,567
- Debts after one year -€5,597
down €5,597 (-23.7%), from €23,592 to €17,994
- Profit (loss) carried forward +€4,037
up €4,037 (+170.4%), from €2,370 to €6,406
- Other debts +€1,146
up €1,146 (+9.6%), from €11,964 to €13,110
- Gross operating margin +€15,347
up €15,347 (+398.5%), from €3,852 to €19,199
- Depreciation +€7,294
new in 2025: €7,294
- Other operating charges +€2,645
up €2,645 (+373.0%), from €709 to €3,355
- Taxes +€2,642
up €2,642 (+446.0%), from €592 to €3,234
- Financial charges +€1,720
up €1,720 (+952.7%), from €181 to €1,900
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 | €59,995 | €59,096 | -€899 | -1.5% |
| Fixed assets | 21/28 | - | €30,954 | +€30,954 | |
| Tangible fixed assets | 22/27 | - | €30,954 | +€30,954 | |
| Plant, machinery and equipment | 23 | - | €1,935 | +€1,935 | |
| Furniture and vehicles | 24 | - | €29,018 | +€29,018 | |
| Current assets | 29/58 | €59,995 | €28,143 | -€31,853 | -53.1% |
| Stocks and contracts in progress | 3 | - | €8,945 | +€8,945 | |
| Stocks | 30/36 | - | €8,945 | +€8,945 | |
| Amounts receivable within one year | 40/41 | €55,168 | €1,480 | -€53,689 | -97.3% |
| Trade receivables | 40 | €55,168 | €1,480 | -€53,689 | -97.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €4,827 | €17,541 | +€12,714 | +263.4% |
| Deferred charges and accrued income | 490/1 | - | €178 | +€178 | |
| Total equity and liabilities | 10/49 | €59,995 | €59,096 | -€899 | -1.5% |
| Equity | 10/15 | €7,370 | €11,406 | +€4,037 | +54.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,370 | €6,406 | +€4,037 | +170.4% |
| Amounts payable | 17/49 | €52,626 | €47,690 | -€4,936 | -9.4% |
| Amounts payable after more than one year | 17 | €23,592 | €17,994 | -€5,597 | -23.7% |
| Financial debts | 170/4 | €23,592 | €17,994 | -€5,597 | -23.7% |
| Amounts payable within one year | 42/48 | €29,034 | €29,046 | +€12 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €5,408 | €5,597 | +€189 | +3.5% |
| Trade debts | 44 | €8,547 | €657 | -€7,890 | -92.3% |
| Suppliers | 440/4 | €8,547 | €657 | -€7,890 | -92.3% |
| Taxes, remuneration and social security | 45 | €3,115 | €9,682 | +€6,567 | +210.8% |
| Taxes | 450/3 | €3,115 | €9,682 | +€6,567 | +210.8% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €11,964 | €13,110 | +€1,146 | +9.6% |
| Accrued charges and deferred income | 492/3 | - | €650 | +€650 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,294 | +€7,294 | |
| Other operating charges | 640/8 | €709 | €3,355 | +€2,645 | +373.0% |
| Gross operating margin | 9900 | €3,852 | €19,199 | +€15,347 | +398.5% |
| Operating profit (loss) | 9901 | €3,142 | €8,550 | +€5,407 | +172.1% |
| Financial income | 75/76B | - | €621 | +€621 | |
| Recurring financial income | 75 | - | €621 | +€621 | |
| Financial charges | 65/66B | €181 | €1,900 | +€1,720 | +952.7% |
| Recurring financial charges | 65 | €181 | €1,900 | +€1,720 | +952.7% |
| Profit (loss) for the period before taxes | 9903 | €2,962 | €7,271 | +€4,309 | +145.5% |
| Income taxes | 67/77 | €592 | €3,234 | +€2,642 | +446.0% |
| Profit (loss) for the period | 9904 | €2,370 | €4,037 | +€1,667 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,370 | €4,037 | +€1,667 | +70.4% |
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 2 October 2026 via checked.be.