LINAD TRUCKS: 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.
LINAD TRUCKS
Largest movements
- Cash +€136,896
up €136,896 (+4,459%), from €3,070 to €139,966
mainly Trade debts (+€99,018) and Advances received (+€77,609)
- Receivables within one year +€72,093
up €72,093 (+73.4%), from €98,219 to €170,312
of which Trade receivables: +€91,755
- Stocks and contracts -€21,186
down €21,186 (-21.9%), from €96,913 to €75,727
- Tangible fixed assets +€6,361
new in 2024: €6,361
- Trade debts +€99,018
up €99,018 (+595%), from €16,651 to €115,669
- Advances received +€77,609
up €77,609 (+291%), from €26,666 to €104,275
- Tax, wage and social debts +€32,342
up €32,342 (+529%), from €6,119 to €38,461
of which Remuneration and social security: +€25,000
- Other debts -€10,000
down €10,000 (-38.3%), from €26,141 to €16,141
- Profit (loss) carried forward -€4,771
down €4,771 (-4.4%), from €109,465 to €104,694
- Gross operating margin -€26,719
down €26,719 (-89.1%), from €29,992 to €3,273
- Depreciation +€5,334
new in 2024: €5,334
- Taxes -€3,578
no longer reported in 2024 (was €3,578)
- Other operating charges -€717
down €717 (-25.1%), from €2,858 to €2,141
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,402 | €393,600 | +€194,198 | +97.4% |
| Fixed assets | 21/28 | €150 | €6,511 | +€6,361 | +4,255% |
| Tangible fixed assets | 22/27 | - | €6,361 | +€6,361 | |
| Furniture and vehicles | 24 | - | €6,361 | +€6,361 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €199,252 | €387,089 | +€187,837 | +94.3% |
| Stocks and contracts in progress | 3 | €96,913 | €75,727 | -€21,186 | -21.9% |
| Stocks | 30/36 | €96,913 | €75,727 | -€21,186 | -21.9% |
| Amounts receivable within one year | 40/41 | €98,219 | €170,312 | +€72,093 | +73.4% |
| Trade receivables | 40 | €78,363 | €170,117 | +€91,755 | +117% |
| Other amounts receivable | 41 | €19,857 | €195 | -€19,662 | -99.0% |
| Cash at bank and in hand | 54/58 | €3,070 | €139,966 | +€136,896 | +4,459% |
| Deferred charges and accrued income | 490/1 | €1,050 | €1,084 | +€34 | +3.2% |
| Total equity and liabilities | 10/49 | €199,402 | €393,600 | +€194,198 | +97.4% |
| Equity | 10/15 | €123,825 | €119,054 | -€4,771 | -3.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €109,465 | €104,694 | -€4,771 | -4.4% |
| Amounts payable | 17/49 | €75,577 | €274,546 | +€198,969 | +263% |
| Amounts payable within one year | 42/48 | €75,577 | €274,546 | +€198,969 | +263% |
| Trade debts | 44 | €16,651 | €115,669 | +€99,018 | +595% |
| Suppliers | 440/4 | €16,651 | €115,669 | +€99,018 | +595% |
| Advances received on contracts in progress | 46 | €26,666 | €104,275 | +€77,609 | +291% |
| Taxes, remuneration and social security | 45 | €6,119 | €38,461 | +€32,342 | +529% |
| Taxes | 450/3 | €1,363 | €8,705 | +€7,342 | +539% |
| Remuneration and social security | 454/9 | €4,756 | €29,756 | +€25,000 | +526% |
| Other amounts payable | 47/48 | €26,141 | €16,141 | -€10,000 | -38.3% |
| Remuneration, social security and pensions | 62 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,334 | +€5,334 | |
| Other operating charges | 640/8 | €2,858 | €2,141 | -€717 | -25.1% |
| Gross operating margin | 9900 | €29,992 | €3,273 | -€26,719 | -89.1% |
| Operating profit (loss) | 9901 | €27,133 | -€4,212 | -€31,346 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €525 | €558 | +€33 | +6.3% |
| Recurring financial charges | 65 | €525 | €558 | +€33 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €26,614 | -€4,771 | -€31,384 | |
| Income taxes | 67/77 | €3,578 | - | -€3,578 | |
| Profit (loss) for the period | 9904 | €23,036 | -€4,771 | -€27,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,036 | -€4,771 | -€27,806 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.