LINATEX: 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.
LINATEX
Largest movements
- Receivables within one year -€100,927
down €100,927 (-54.3%), from €185,896 to €84,969
of which Other amounts receivable: -€100,927
- Stocks and contracts -€9,083
down €9,083 (-54.7%), from €16,614 to €7,531
- Tangible fixed assets -€4,197
down €4,197 (-39.1%), from €10,733 to €6,536
of which Furniture and vehicles: -€2,868
- Profit (loss) carried forward -€110,141
down €110,141, from €48,419 to -€61,722
- Trade debts -€10,364
down €10,364 (-10.0%), from €103,822 to €93,458
- Tax, wage and social debts +€6,779
up €6,779 (+15.9%), from €42,692 to €49,472
of which Remuneration and social security: +€19,260
- Gross operating margin -€82,661
down €82,661, from €49,533 to -€33,128
- Staff costs +€28,043
up €28,043 (+246%), from €11,405 to €39,448
- Other operating charges +€9,291
up €9,291 (+38.3%), from €24,247 to €33,538
- Taxes -€5,748
down €5,748 (-97.5%), from €5,894 to €146
- Financial charges -€3,169
down €3,169 (-67.2%), from €4,713 to €1,544
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 | €215,393 | €99,807 | -€115,586 | -53.7% |
| Fixed assets | 21/28 | €10,733 | €6,536 | -€4,197 | -39.1% |
| Tangible fixed assets | 22/27 | €10,733 | €6,536 | -€4,197 | -39.1% |
| Plant, machinery and equipment | 23 | €2,584 | €1,695 | -€889 | -34.4% |
| Furniture and vehicles | 24 | €4,687 | €1,819 | -€2,868 | -61.2% |
| Other tangible fixed assets | 26 | €3,462 | €3,022 | -€440 | -12.7% |
| Current assets | 29/58 | €204,660 | €93,271 | -€111,389 | -54.4% |
| Stocks and contracts in progress | 3 | €16,614 | €7,531 | -€9,083 | -54.7% |
| Stocks | 30/36 | €16,614 | €7,531 | -€9,083 | -54.7% |
| Amounts receivable within one year | 40/41 | €185,896 | €84,969 | -€100,927 | -54.3% |
| Trade receivables | 40 | €52,822 | €52,822 | = | 0.0% |
| Other amounts receivable | 41 | €133,074 | €32,147 | -€100,927 | -75.8% |
| Cash at bank and in hand | 54/58 | €2,150 | €771 | -€1,379 | -64.1% |
| Total equity and liabilities | 10/49 | €215,393 | €99,807 | -€115,586 | -53.7% |
| Equity | 10/15 | €68,879 | -€43,122 | -€112,001 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €48,419 | -€61,722 | -€110,141 | |
| Amounts payable | 17/49 | €146,514 | €142,929 | -€3,584 | -2.4% |
| Amounts payable within one year | 42/48 | €146,514 | €142,929 | -€3,584 | -2.4% |
| Trade debts | 44 | €103,822 | €93,458 | -€10,364 | -10.0% |
| Suppliers | 440/4 | €103,822 | €93,458 | -€10,364 | -10.0% |
| Taxes, remuneration and social security | 45 | €42,692 | €49,472 | +€6,779 | +15.9% |
| Taxes | 450/3 | €41,368 | €28,887 | -€12,481 | -30.2% |
| Remuneration and social security | 454/9 | €1,325 | €20,585 | +€19,260 | +1,454% |
| Remuneration, social security and pensions | 62 | €11,405 | €39,448 | +€28,043 | +246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,009 | €4,197 | +€188 | +4.7% |
| Other operating charges | 640/8 | €24,247 | €33,538 | +€9,291 | +38.3% |
| Gross operating margin | 9900 | €49,533 | -€33,128 | -€82,661 | |
| Operating profit (loss) | 9901 | €9,872 | -€110,311 | -€120,183 | |
| Financial charges | 65/66B | €4,713 | €1,544 | -€3,169 | -67.2% |
| Recurring financial charges | 65 | €4,713 | €1,544 | -€3,169 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €5,159 | -€111,855 | -€117,014 | |
| Income taxes | 67/77 | €5,894 | €146 | -€5,748 | -97.5% |
| Profit (loss) for the period | 9904 | -€735 | -€112,001 | -€111,266 | -15,138% |
| Profit (loss) for the period to be appropriated | 9905 | -€735 | -€112,001 | -€111,266 | -15,138% |
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 13 October 2026 via checked.be.