LINASIA: 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.
LINASIA
Largest movements
- Tangible fixed assets -€47,392
down €47,392 (-5.8%), from €811,380 to €763,988
- Debts after one year -€35,039
down €35,039 (-74.5%), from €47,013 to €11,973
- Profit (loss) carried forward +€17,787
up €17,787 (+64.1%), from -€27,766 to -€9,979
- Reserves -€13,335
down €13,335 (-4.5%), from €293,639 to €280,304
of which Tax-exempt reserves: -€13,335
- Accrued charges and deferred income -€12,100
no longer reported in 2025 (was €12,100)
- Gross operating margin +€19,968
up €19,968 (+57.6%), from €34,661 to €54,629
- Other operating charges -€10,531
down €10,531 (-99.4%), from €10,596 to €66
- Financial charges -€1,215
down €1,215 (-31.2%), from €3,891 to €2,676
- Depreciation +€589
up €589 (+1.1%), from €51,942 to €52,532
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 | €827,925 | €787,704 | -€40,221 | -4.9% |
| Fixed assets | 21/28 | €811,380 | €763,988 | -€47,392 | -5.8% |
| Tangible fixed assets | 22/27 | €811,380 | €763,988 | -€47,392 | -5.8% |
| Land and buildings | 22 | €811,380 | €763,988 | -€47,392 | -5.8% |
| Current assets | 29/58 | €16,545 | €23,716 | +€7,170 | +43.3% |
| Amounts receivable within one year | 40/41 | €11,684 | €13,334 | +€1,651 | +14.1% |
| Other amounts receivable | 41 | €11,684 | €13,334 | +€1,651 | +14.1% |
| Cash at bank and in hand | 54/58 | €3,511 | €8,965 | +€5,454 | +155% |
| Deferred charges and accrued income | 490/1 | €1,351 | €1,416 | +€65 | +4.8% |
| Total equity and liabilities | 10/49 | €827,925 | €787,704 | -€40,221 | -4.9% |
| Equity | 10/15 | €490,972 | €495,425 | +€4,452 | +0.9% |
| Contributions | 10/11 | €225,100 | €225,100 | = | 0.0% |
| Capital | 10 | €225,100 | €225,100 | = | 0.0% |
| Issued capital | 100 | €225,100 | €225,100 | = | 0.0% |
| Reserves | 13 | €293,639 | €280,304 | -€13,335 | -4.5% |
| Non-distributable reserves | 130/1 | €3,898 | €3,898 | = | 0.0% |
| Legal reserve | 130 | €3,898 | €3,898 | = | 0.0% |
| Tax-exempt reserves | 132 | €244,163 | €230,827 | -€13,335 | -5.5% |
| Distributable reserves | 133 | €45,578 | €45,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,766 | -€9,979 | +€17,787 | +64.1% |
| Provisions and deferred taxes | 16 | €81,388 | €76,942 | -€4,445 | -5.5% |
| Deferred taxes | 168 | €81,388 | €76,942 | -€4,445 | -5.5% |
| Amounts payable | 17/49 | €255,565 | €215,337 | -€40,228 | -15.7% |
| Amounts payable after more than one year | 17 | €47,013 | €11,973 | -€35,039 | -74.5% |
| Financial debts | 170/4 | €47,013 | €11,973 | -€35,039 | -74.5% |
| Amounts payable within one year | 42/48 | €196,453 | €203,364 | +€6,911 | +3.5% |
| Financial debts | 43 | €33,754 | €35,039 | +€1,285 | +3.8% |
| Credit institutions | 430/8 | €33,754 | €35,039 | +€1,285 | +3.8% |
| Trade debts | 44 | €1,474 | - | -€1,474 | |
| Suppliers | 440/4 | €1,474 | - | -€1,474 | |
| Other amounts payable | 47/48 | €161,225 | €168,325 | +€7,100 | +4.4% |
| Accrued charges and deferred income | 492/3 | €12,100 | - | -€12,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,942 | €52,532 | +€589 | +1.1% |
| Other operating charges | 640/8 | €10,596 | €66 | -€10,531 | -99.4% |
| Gross operating margin | 9900 | €34,661 | €54,629 | +€19,968 | +57.6% |
| Operating profit (loss) | 9901 | -€27,878 | €2,032 | +€29,910 | |
| Financial income | 75/76B | €687 | €651 | -€37 | -5.3% |
| Recurring financial income | 75 | €687 | €651 | -€37 | -5.3% |
| Financial charges | 65/66B | €3,891 | €2,676 | -€1,215 | -31.2% |
| Recurring financial charges | 65 | €3,891 | €2,676 | -€1,215 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,081 | €7 | +€31,088 | |
| Transfer from deferred taxes | 780 | €4,445 | €4,445 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€26,636 | €4,452 | +€31,088 | |
| Transfer from tax-exempt reserves | 789 | €13,335 | €13,335 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,301 | €17,787 | +€31,088 |
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 16 October 2026 via checked.be.