LINALUX EQUINS: 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.
LINALUX EQUINS
Largest movements
- Receivables within one year -€19,472
down €19,472 (-15.5%), from €125,360 to €105,888
of which Trade receivables: -€25,388
- Tangible fixed assets +€2,794
up €2,794 (+5.5%), from €51,082 to €53,876
of which Plant, machinery and equipment: +€4,190
- Profit (loss) carried forward -€70,390
down €70,390 (-33.6%), from -€209,389 to -€279,779
- Trade debts +€48,155
up €48,155 (+285%), from €16,883 to €65,038
- Other debts +€17,068
up €17,068 (+17.8%), from €96,006 to €113,073
- Debts after one year -€9,144
no longer reported in 2024 (was €9,144)
- Tax, wage and social debts -€2,805
down €2,805 (-53.2%), from €5,274 to €2,469
of which Taxes: -€3,682
- Purchases and services +€64,958
up €64,958 (+71.1%), from €91,355 to €156,312
- Gross operating margin -€46,792
down €46,792, from €14,649 to -€32,144
- Turnover +€15,406
up €15,406 (+15.0%), from €102,649 to €118,055
- Financial income -€3,916
down €3,916 (-94.6%), from €4,139 to €222
- Depreciation -€3,399
down €3,399 (-20.2%), from €16,845 to €13,446
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 | €199,724 | €181,945 | -€17,779 | -8.9% |
| Fixed assets | 21/28 | €51,397 | €54,191 | +€2,794 | +5.4% |
| Tangible fixed assets | 22/27 | €51,082 | €53,876 | +€2,794 | +5.5% |
| Plant, machinery and equipment | 23 | €49,562 | €53,752 | +€4,190 | +8.5% |
| Furniture and vehicles | 24 | €1,520 | €124 | -€1,396 | -91.9% |
| Financial fixed assets | 28 | €315 | €315 | = | 0.0% |
| Current assets | 29/58 | €148,327 | €127,754 | -€20,573 | -13.9% |
| Stocks and contracts in progress | 3 | €12,740 | €11,899 | -€841 | -6.6% |
| Stocks | 30/36 | €12,740 | €11,899 | -€841 | -6.6% |
| Amounts receivable within one year | 40/41 | €125,360 | €105,888 | -€19,472 | -15.5% |
| Trade receivables | 40 | €124,391 | €99,003 | -€25,388 | -20.4% |
| Other amounts receivable | 41 | €969 | €6,885 | +€5,916 | +610% |
| Cash at bank and in hand | 54/58 | €7,382 | €8,052 | +€670 | +9.1% |
| Deferred charges and accrued income | 490/1 | €2,845 | €1,915 | -€930 | -32.7% |
| Total equity and liabilities | 10/49 | €199,724 | €181,945 | -€17,779 | -8.9% |
| Equity | 10/15 | €62,611 | -€7,779 | -€70,390 | |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,389 | -€279,779 | -€70,390 | -33.6% |
| Amounts payable | 17/49 | €137,113 | €189,724 | +€52,611 | +38.4% |
| Amounts payable after more than one year | 17 | €9,144 | - | -€9,144 | |
| Financial debts | 170/4 | €9,144 | - | -€9,144 | |
| Amounts payable within one year | 42/48 | €127,969 | €189,724 | +€61,755 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | €9,807 | €9,144 | -€663 | -6.8% |
| Trade debts | 44 | €16,883 | €65,038 | +€48,155 | +285% |
| Suppliers | 440/4 | €16,883 | €65,038 | +€48,155 | +285% |
| Taxes, remuneration and social security | 45 | €5,274 | €2,469 | -€2,805 | -53.2% |
| Taxes | 450/3 | €4,267 | €584 | -€3,682 | -86.3% |
| Remuneration and social security | 454/9 | €1,007 | €1,885 | +€878 | +87.2% |
| Other amounts payable | 47/48 | €96,006 | €113,073 | +€17,068 | +17.8% |
| Turnover | 70 | €102,649 | €118,055 | +€15,406 | +15.0% |
| Non-recurring operating income | 76A | - | €131 | +€131 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,355 | €156,312 | +€64,958 | +71.1% |
| Remuneration, social security and pensions | 62 | €16,469 | €18,716 | +€2,247 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,845 | €13,446 | -€3,399 | -20.2% |
| Other operating charges | 640/8 | €1,635 | €4,941 | +€3,306 | +202% |
| Gross operating margin | 9900 | €14,649 | -€32,144 | -€46,792 | |
| Operating profit (loss) | 9901 | -€20,301 | -€69,247 | -€48,946 | -241% |
| Financial income | 75/76B | €4,139 | €222 | -€3,916 | -94.6% |
| Recurring financial income | 75 | €4,139 | €222 | -€3,916 | -94.6% |
| Financial charges | 65/66B | €852 | €1,068 | +€216 | +25.4% |
| Recurring financial charges | 65 | €852 | €1,068 | +€216 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,014 | -€70,093 | -€53,078 | -312% |
| Income taxes | 67/77 | €286 | €298 | +€11 | +3.9% |
| Profit (loss) for the period | 9904 | -€17,301 | -€70,390 | -€53,090 | -307% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,301 | -€70,390 | -€53,090 | -307% |
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 18 October 2026 via checked.be.