LINA GROUP: 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.
LINA GROUP
Largest movements
- Receivables within one year +€92,936
up €92,936 (+239%), from €38,891 to €131,828
of which Other amounts receivable: +€60,331
- Tangible fixed assets -€38,834
down €38,834 (-40.8%), from €95,179 to €56,346
of which Furniture and vehicles: -€36,601
- Cash +€25,411
up €25,411 (+121%), from €21,010 to €46,421
mainly Depreciation (+€38,834) and Debts after one year (+€28,528)
- Stocks and contracts -€25,104
down €25,104 (-57.5%), from €43,664 to €18,560
- Debts after one year +€28,528
up €28,528 (+274%), from €10,402 to €38,930
- Profit (loss) carried forward +€20,685
up €20,685 (+15.3%), from €135,522 to €156,207
- Trade debts -€17,122
down €17,122 (-94.8%), from €18,062 to €939
- Current portion of long-term debt +€17,030
up €17,030 (+5,327%), from €320 to €17,350
- Short-term financial debts +€15,646
new in 2025: €15,646
- Gross operating margin -€13,582
down €13,582 (-14.2%), from €95,688 to €82,106
- Staff costs -€11,612
no longer reported in 2025 (was €11,612)
- Depreciation -€8,574
down €8,574 (-18.1%), from €47,408 to €38,834
- Taxes +€2,764
up €2,764 (+35.1%), from €7,886 to €10,650
- Financial charges +€2,535
up €2,535 (+49.0%), from €5,168 to €7,702
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 | €198,745 | €253,154 | +€54,409 | +27.4% |
| Fixed assets | 21/28 | €95,179 | €56,346 | -€38,834 | -40.8% |
| Tangible fixed assets | 22/27 | €95,179 | €56,346 | -€38,834 | -40.8% |
| Furniture and vehicles | 24 | €80,389 | €43,788 | -€36,601 | -45.5% |
| Other tangible fixed assets | 26 | €14,790 | €12,557 | -€2,233 | -15.1% |
| Current assets | 29/58 | €103,566 | €196,808 | +€93,242 | +90.0% |
| Stocks and contracts in progress | 3 | €43,664 | €18,560 | -€25,104 | -57.5% |
| Stocks | 30/36 | €43,664 | €18,560 | -€25,104 | -57.5% |
| Amounts receivable within one year | 40/41 | €38,891 | €131,828 | +€92,936 | +239% |
| Trade receivables | 40 | €38,891 | €71,497 | +€32,605 | +83.8% |
| Other amounts receivable | 41 | - | €60,331 | +€60,331 | |
| Cash at bank and in hand | 54/58 | €21,010 | €46,421 | +€25,411 | +121% |
| Total equity and liabilities | 10/49 | €198,745 | €253,154 | +€54,409 | +27.4% |
| Equity | 10/15 | €155,982 | €176,667 | +€20,685 | +13.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,522 | €156,207 | +€20,685 | +15.3% |
| Amounts payable | 17/49 | €42,763 | €76,487 | +€33,724 | +78.9% |
| Amounts payable after more than one year | 17 | €10,402 | €38,930 | +€28,528 | +274% |
| Financial debts | 170/4 | €10,402 | €38,930 | +€28,528 | +274% |
| Amounts payable within one year | 42/48 | €32,361 | €37,557 | +€5,196 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €320 | €17,350 | +€17,030 | +5,327% |
| Financial debts | 43 | - | €15,646 | +€15,646 | |
| Credit institutions | 430/8 | - | €15,646 | +€15,646 | |
| Trade debts | 44 | €18,062 | €939 | -€17,122 | -94.8% |
| Suppliers | 440/4 | €18,062 | €939 | -€17,122 | -94.8% |
| Taxes, remuneration and social security | 45 | €12,562 | €3,622 | -€8,939 | -71.2% |
| Taxes | 450/3 | €12,562 | €3,622 | -€8,939 | -71.2% |
| Other amounts payable | 47/48 | €1,418 | - | -€1,418 | |
| Remuneration, social security and pensions | 62 | €11,612 | - | -€11,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,408 | €38,834 | -€8,574 | -18.1% |
| Other operating charges | 640/8 | €4,822 | €4,236 | -€586 | -12.2% |
| Gross operating margin | 9900 | €95,688 | €82,106 | -€13,582 | -14.2% |
| Operating profit (loss) | 9901 | €31,847 | €39,037 | +€7,190 | +22.6% |
| Financial charges | 65/66B | €5,168 | €7,702 | +€2,535 | +49.0% |
| Recurring financial charges | 65 | €5,168 | €7,702 | +€2,535 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €26,679 | €31,335 | +€4,656 | +17.5% |
| Income taxes | 67/77 | €7,886 | €10,650 | +€2,764 | +35.1% |
| Profit (loss) for the period | 9904 | €18,793 | €20,685 | +€1,891 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,793 | €20,685 | +€1,891 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.