LINA TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€709,815
up €709,815 (+71.5%), from €992,339 to €1.7m
of which Furniture and vehicles: +€460,707
- Cash +€86,086
up €86,086 (+125%), from €68,636 to €154,722
mainly Debts after one year (+€468,137) and Trade debts (+€246,111)
- Debts after one year +€468,137
up €468,137 (+72.7%), from €643,779 to €1.1m
- Trade debts +€246,111
up €246,111 (+104%), from €236,732 to €482,843
- Tax, wage and social debts -€154,703
down €154,703 (-64.1%), from €241,271 to €86,568
of which Remuneration and social security: -€81,635
- Current portion of long-term debt +€154,434
up €154,434 (+101%), from €152,403 to €306,838
- Profit (loss) carried forward +€60,741
up €60,741 (+21.6%), from €281,497 to €342,239
- Staff costs -€149,298
down €149,298 (-26.8%), from €556,737 to €407,439
- Depreciation +€72,881
up €72,881 (+72.6%), from €100,339 to €173,220
- Financial charges +€52,057
up €52,057 (+95.3%), from €54,628 to €106,685
- Gross operating margin -€42,173
down €42,173 (-4.7%), from €900,308 to €858,134
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 | €1,581,197 | €2,405,377 | +€824,179 | +52.1% |
| Fixed assets | 21/28 | €1,011,474 | €1,725,892 | +€714,418 | +70.6% |
| Tangible fixed assets | 22/27 | €992,339 | €1,702,154 | +€709,815 | +71.5% |
| Land and buildings | 22 | €432,312 | €414,484 | -€17,827 | -4.1% |
| Plant, machinery and equipment | 23 | €42,128 | €32,680 | -€9,448 | -22.4% |
| Furniture and vehicles | 24 | €27,486 | €488,193 | +€460,707 | +1,676% |
| Leasing and similar rights | 25 | €476,122 | €755,997 | +€279,875 | +58.8% |
| Other tangible fixed assets | 26 | €14,291 | €10,800 | -€3,491 | -24.4% |
| Financial fixed assets | 28 | €19,135 | €23,738 | +€4,603 | +24.1% |
| Current assets | 29/58 | €569,723 | €679,485 | +€109,761 | +19.3% |
| Amounts receivable within one year | 40/41 | €501,087 | €524,762 | +€23,675 | +4.7% |
| Trade receivables | 40 | €437,530 | €515,191 | +€77,661 | +17.7% |
| Other amounts receivable | 41 | €63,557 | €9,571 | -€53,986 | -84.9% |
| Cash at bank and in hand | 54/58 | €68,636 | €154,722 | +€86,086 | +125% |
| Total equity and liabilities | 10/49 | €1,581,197 | €2,405,377 | +€824,179 | +52.1% |
| Equity | 10/15 | €301,957 | €362,699 | +€60,741 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,497 | €342,239 | +€60,741 | +21.6% |
| Amounts payable | 17/49 | €1,279,240 | €2,042,678 | +€763,438 | +59.7% |
| Amounts payable after more than one year | 17 | €643,779 | €1,111,916 | +€468,137 | +72.7% |
| Financial debts | 170/4 | €643,779 | €1,111,916 | +€468,137 | +72.7% |
| Amounts payable within one year | 42/48 | €635,461 | €930,762 | +€295,301 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €152,403 | €306,838 | +€154,434 | +101% |
| Financial debts | 43 | €5,054 | €10,944 | +€5,890 | +117% |
| Credit institutions | 430/8 | €5,054 | €10,944 | +€5,890 | +117% |
| Trade debts | 44 | €236,732 | €482,843 | +€246,111 | +104% |
| Suppliers | 440/4 | €236,732 | €482,843 | +€246,111 | +104% |
| Taxes, remuneration and social security | 45 | €241,271 | €86,568 | -€154,703 | -64.1% |
| Taxes | 450/3 | €156,728 | €83,660 | -€73,068 | -46.6% |
| Remuneration and social security | 454/9 | €84,543 | €2,908 | -€81,635 | -96.6% |
| Other amounts payable | 47/48 | - | €43,569 | +€43,569 | |
| Remuneration, social security and pensions | 62 | €556,737 | €407,439 | -€149,298 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,339 | €173,220 | +€72,881 | +72.6% |
| Other operating charges | 640/8 | €79,772 | €80,611 | +€839 | +1.1% |
| Gross operating margin | 9900 | €900,308 | €858,134 | -€42,173 | -4.7% |
| Operating profit (loss) | 9901 | €163,459 | €196,864 | +€33,405 | +20.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54,628 | €106,685 | +€52,057 | +95.3% |
| Recurring financial charges | 65 | €54,628 | €106,685 | +€52,057 | +95.3% |
| Profit (loss) for the period before taxes | 9903 | €108,831 | €90,179 | -€18,652 | -17.1% |
| Income taxes | 67/77 | €27,083 | €29,438 | +€2,355 | +8.7% |
| Profit (loss) for the period | 9904 | €81,748 | €60,741 | -€21,007 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,748 | €60,741 | -€21,007 | -25.7% |
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 25 October 2026 via checked.be.