LIN XI: 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 XI
Largest movements
- Tangible fixed assets -€20,379
down €20,379 (-62.4%), from €32,668 to €12,289
of which Furniture and vehicles: -€15,343
- Cash -€11,219
down €11,219 (-54.8%), from €20,489 to €9,270
mainly Net result for the year (-€62,090) and Receivables within one year (-€765)
- Stocks and contracts -€2,500
down €2,500 (-5.2%), from €48,350 to €45,850
- Profit (loss) carried forward -€62,090
down €62,090, from €0 to -€62,090
- Trade debts +€23,295
up €23,295 (+96.1%), from €24,252 to €47,548
- Other debts +€4,315
up €4,315 (+59.8%), from €7,211 to €11,526
- Gross operating margin -€49,835
down €49,835 (-91.8%), from €54,278 to €4,442
- Taxes -€6,546
down €6,546 (-93.5%), from €7,003 to €458
- Other operating charges +€5,968
up €5,968 (+730%), from €817 to €6,785
- Financial charges +€4,973
up €4,973 (+477%), from €1,042 to €6,014
- Depreciation -€1,270
down €1,270 (-20.1%), from €6,307 to €5,036
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 | €122,862 | €88,856 | -€34,006 | -27.7% |
| Fixed assets | 21/28 | €43,708 | €23,329 | -€20,379 | -46.6% |
| Tangible fixed assets | 22/27 | €32,668 | €12,289 | -€20,379 | -62.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €17,325 | €12,289 | -€5,036 | -29.1% |
| Furniture and vehicles | 24 | €15,343 | €0 | -€15,343 | -100% |
| Financial fixed assets | 28 | €11,040 | €11,040 | = | 0.0% |
| Current assets | 29/58 | €79,155 | €65,527 | -€13,627 | -17.2% |
| Stocks and contracts in progress | 3 | €48,350 | €45,850 | -€2,500 | -5.2% |
| Stocks | 30/36 | €48,350 | €45,850 | -€2,500 | -5.2% |
| Amounts receivable within one year | 40/41 | €8,343 | €9,108 | +€765 | +9.2% |
| Trade receivables | 40 | €8,343 | €9,108 | +€765 | +9.2% |
| Cash at bank and in hand | 54/58 | €20,489 | €9,270 | -€11,219 | -54.8% |
| Deferred charges and accrued income | 490/1 | €1,973 | €1,299 | -€673 | -34.1% |
| Total equity and liabilities | 10/49 | €122,862 | €88,856 | -€34,006 | -27.7% |
| Equity | 10/15 | €64,491 | €2,400 | -€62,090 | -96.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,891 | €45,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €44,031 | €44,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€62,090 | -€62,090 | |
| Amounts payable | 17/49 | €58,372 | €86,455 | +€28,084 | +48.1% |
| Amounts payable within one year | 42/48 | €58,372 | €86,455 | +€28,084 | +48.1% |
| Trade debts | 44 | €24,252 | €47,548 | +€23,295 | +96.1% |
| Suppliers | 440/4 | €24,252 | €47,548 | +€23,295 | +96.1% |
| Taxes, remuneration and social security | 45 | €26,909 | €27,382 | +€473 | +1.8% |
| Taxes | 450/3 | €20,082 | €16,065 | -€4,017 | -20.0% |
| Remuneration and social security | 454/9 | €6,827 | €11,317 | +€4,491 | +65.8% |
| Other amounts payable | 47/48 | €7,211 | €11,526 | +€4,315 | +59.8% |
| Remuneration, social security and pensions | 62 | €38,850 | €38,264 | -€585 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,307 | €5,036 | -€1,270 | -20.1% |
| Other operating charges | 640/8 | €817 | €6,785 | +€5,968 | +730% |
| Non-recurring operating charges | 66A | - | €9,975 | +€9,975 | |
| Gross operating margin | 9900 | €54,278 | €4,442 | -€49,835 | -91.8% |
| Operating profit (loss) | 9901 | €8,305 | -€55,618 | -€63,923 | |
| Financial charges | 65/66B | €1,042 | €6,014 | +€4,973 | +477% |
| Recurring financial charges | 65 | €1,042 | €6,014 | +€4,973 | +477% |
| Profit (loss) for the period before taxes | 9903 | €7,263 | -€61,633 | -€68,895 | |
| Income taxes | 67/77 | €7,003 | €458 | -€6,546 | -93.5% |
| Profit (loss) for the period | 9904 | €260 | -€62,090 | -€62,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €260 | -€62,090 | -€62,350 |
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 22 October 2026 via checked.be.