LINAS: 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.
LINAS
Largest movements
- Receivables within one year +€7,323
up €7,323 (+1.9%), from €376,631 to €383,954
of which Other amounts receivable: +€6,023
- Cash -€6,434
down €6,434 (-67.4%), from €9,551 to €3,117
mainly Tax, wage and social debts (-€14,993) and Other debts (-€14,834)
- Reserves +€23,711
up €23,711 (+5.1%), from €468,343 to €492,054
- Tax, wage and social debts -€14,993
down €14,993 (-87.4%), from €17,156 to €2,164
- Other debts -€14,834
down €14,834 (-28.5%), from €52,084 to €37,250
- Gross operating margin -€9,593
down €9,593 (-20.7%), from €46,294 to €36,702
- Taxes -€3,885
down €3,885 (-29.6%), from €13,141 to €9,256
- Financial charges -€1,571
down €1,571 (-36.0%), from €4,366 to €2,795
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 | €641,662 | €642,551 | +€889 | +0.1% |
| Fixed assets | 21/28 | €255,480 | €255,480 | = | 0.0% |
| Financial fixed assets | 28 | €255,480 | €255,480 | = | 0.0% |
| Current assets | 29/58 | €386,182 | €387,071 | +€889 | +0.2% |
| Amounts receivable within one year | 40/41 | €376,631 | €383,954 | +€7,323 | +1.9% |
| Trade receivables | 40 | €65,421 | €66,721 | +€1,300 | +2.0% |
| Other amounts receivable | 41 | €311,210 | €317,233 | +€6,023 | +1.9% |
| Cash at bank and in hand | 54/58 | €9,551 | €3,117 | -€6,434 | -67.4% |
| Total equity and liabilities | 10/49 | €641,662 | €642,551 | +€889 | +0.1% |
| Equity | 10/15 | €564,249 | €587,960 | +€23,711 | +4.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €468,343 | €492,054 | +€23,711 | +5.1% |
| Distributable reserves | 133 | €468,343 | €492,054 | +€23,711 | +5.1% |
| Profit (loss) carried forward | 14 | €70,906 | €70,906 | = | 0.0% |
| Amounts payable | 17/49 | €77,413 | €54,591 | -€22,822 | -29.5% |
| Amounts payable within one year | 42/48 | €76,793 | €54,191 | -€22,602 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €13,000 | +€5,500 | +73.3% |
| Trade debts | 44 | €53 | €1,777 | +€1,725 | +3,286% |
| Suppliers | 440/4 | €53 | €1,777 | +€1,725 | +3,286% |
| Taxes, remuneration and social security | 45 | €17,156 | €2,164 | -€14,993 | -87.4% |
| Taxes | 450/3 | €17,156 | €2,164 | -€14,993 | -87.4% |
| Other amounts payable | 47/48 | €52,084 | €37,250 | -€14,834 | -28.5% |
| Accrued charges and deferred income | 492/3 | €620 | €400 | -€220 | -35.5% |
| Other operating charges | 640/8 | €1,059 | €940 | -€119 | -11.2% |
| Gross operating margin | 9900 | €46,294 | €36,702 | -€9,593 | -20.7% |
| Operating profit (loss) | 9901 | €45,236 | €35,762 | -€9,474 | -20.9% |
| Financial charges | 65/66B | €4,366 | €2,795 | -€1,571 | -36.0% |
| Recurring financial charges | 65 | €4,366 | €2,795 | -€1,571 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €40,870 | €32,967 | -€7,903 | -19.3% |
| Income taxes | 67/77 | €13,141 | €9,256 | -€3,885 | -29.6% |
| Profit (loss) for the period | 9904 | €27,729 | €23,711 | -€4,018 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,729 | €23,711 | -€4,018 | -14.5% |
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 24 October 2026 via checked.be.