Linago: 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.
Linago
Largest movements
- Cash +€104,532
up €104,532 (+1220.7%), from €8,563 to €113,096
mainly Other debts (+€117,976) and Current investments (+€95,000)
- Current investments -€95,000
down €95,000 (-79.2%), from €120,000 to €25,000
- Receivables within one year +€3,064
up €3,064 (+5.0%), from €61,673 to €64,737
of which Other amounts receivable: +€3,064
- Other debts +€117,976
up €117,976 (+198948.2%), from €59 to €118,036
- Reserves -€92,478
down €92,478 (-56.8%), from €162,923 to €70,445
- Tax, wage and social debts -€13,556
down €13,556 (-61.9%), from €21,907 to €8,351
- Gross operating margin +€12,105
up €12,105 (+71.1%), from €17,023 to €29,127
- Financial income -€3,033
down €3,033 (-44.3%), from €6,840 to €3,807
- Taxes +€1,422
up €1,422 (+26.9%), from €5,293 to €6,715
- Financial charges -€892
down €892 (-88.8%), from €1,005 to €112
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 | €190,236 | €202,833 | +€12,597 | +6.6% |
| Current assets | 29/58 | €190,236 | €202,833 | +€12,597 | +6.6% |
| Amounts receivable within one year | 40/41 | €61,673 | €64,737 | +€3,064 | +5.0% |
| Trade receivables | 40 | €6,655 | €6,655 | = | 0.0% |
| Other amounts receivable | 41 | €55,018 | €58,082 | +€3,064 | +5.6% |
| Current investments | 50/53 | €120,000 | €25,000 | -€95,000 | -79.2% |
| Cash at bank and in hand | 54/58 | €8,563 | €113,096 | +€104,532 | +1220.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €190,236 | €202,833 | +€12,597 | +6.6% |
| Equity | 10/15 | €164,923 | €72,445 | -€92,478 | -56.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €162,923 | €70,445 | -€92,478 | -56.8% |
| Distributable reserves | 133 | €162,923 | €70,445 | -€92,478 | -56.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,312 | €130,387 | +€105,075 | +415.1% |
| Amounts payable within one year | 42/48 | €25,312 | €130,387 | +€105,075 | +415.1% |
| Trade debts | 44 | €3,346 | €4,000 | +€655 | +19.6% |
| Suppliers | 440/4 | €3,346 | €4,000 | +€655 | +19.6% |
| Taxes, remuneration and social security | 45 | €21,907 | €8,351 | -€13,556 | -61.9% |
| Taxes | 450/3 | €21,907 | €8,351 | -€13,556 | -61.9% |
| Other amounts payable | 47/48 | €59 | €118,036 | +€117,976 | +198948.2% |
| Other operating charges | 640/8 | €378 | €585 | +€208 | +54.9% |
| Gross operating margin | 9900 | €17,023 | €29,127 | +€12,105 | +71.1% |
| Operating profit (loss) | 9901 | €16,645 | €28,542 | +€11,897 | +71.5% |
| Financial income | 75/76B | €6,840 | €3,807 | -€3,033 | -44.3% |
| Recurring financial income | 75 | €6,840 | €3,807 | -€3,033 | -44.3% |
| Financial charges | 65/66B | €1,005 | €112 | -€892 | -88.8% |
| Recurring financial charges | 65 | €1,005 | €112 | -€892 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €22,480 | €32,237 | +€9,757 | +43.4% |
| Income taxes | 67/77 | €5,293 | €6,715 | +€1,422 | +26.9% |
| Profit (loss) for the period | 9904 | €17,187 | €25,522 | +€8,335 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,187 | €25,522 | +€8,335 | +48.5% |
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 12 October 2026 via checked.be.