LINBROS: 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.
LINBROS
Largest movements
- Cash -€19,924
down €19,924 (-64.9%), from €30,691 to €10,766
mainly Other debts (-€24,650) and Debts after one year (-€18,012)
- Tangible fixed assets -€12,657
down €12,657 (-3.5%), from €358,983 to €346,326
- Receivables within one year +€4,855
up €4,855 (+65.6%), from €7,397 to €12,252
- Other debts -€24,650
down €24,650 (-27.4%), from €90,022 to €65,372
- Debts after one year -€18,012
down €18,012 (-100%), from €18,012 to €0
- Reserves +€14,877
up €14,877 (+6.2%), from €240,918 to €255,795
of which Distributable reserves: +€14,877
- Gross operating margin -€22,104
down €22,104 (-26.2%), from €84,251 to €62,146
- Taxes -€5,896
down €5,896 (-54.3%), from €10,855 to €4,959
- Other operating charges +€1,288
up €1,288 (+4.8%), from €26,912 to €28,200
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 | €428,161 | €399,834 | -€28,327 | -6.6% |
| Fixed assets | 21/28 | €358,983 | €346,326 | -€12,657 | -3.5% |
| Tangible fixed assets | 22/27 | €358,983 | €346,326 | -€12,657 | -3.5% |
| Land and buildings | 22 | €358,983 | €346,326 | -€12,657 | -3.5% |
| Current assets | 29/58 | €69,179 | €53,508 | -€15,671 | -22.7% |
| Amounts receivable within one year | 40/41 | €7,397 | €12,252 | +€4,855 | +65.6% |
| Other amounts receivable | 41 | €7,397 | €12,252 | +€4,855 | +65.6% |
| Cash at bank and in hand | 54/58 | €30,691 | €10,766 | -€19,924 | -64.9% |
| Deferred charges and accrued income | 490/1 | €31,091 | €30,490 | -€601 | -1.9% |
| Total equity and liabilities | 10/49 | €428,161 | €399,834 | -€28,327 | -6.6% |
| Equity | 10/15 | €302,918 | €317,795 | +€14,877 | +4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €240,918 | €255,795 | +€14,877 | +6.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €234,718 | €249,595 | +€14,877 | +6.3% |
| Amounts payable | 17/49 | €125,243 | €82,039 | -€43,204 | -34.5% |
| Amounts payable after more than one year | 17 | €18,012 | €0 | -€18,012 | -100% |
| Financial debts | 170/4 | €18,012 | €0 | -€18,012 | -100% |
| Amounts payable within one year | 42/48 | €107,231 | €82,039 | -€25,192 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €17,117 | €16,389 | -€728 | -4.3% |
| Trade debts | 44 | €91 | €278 | +€186 | +204% |
| Suppliers | 440/4 | €91 | €278 | +€186 | +204% |
| Other amounts payable | 47/48 | €90,022 | €65,372 | -€24,650 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,657 | €12,657 | +€0 | 0.0% |
| Other operating charges | 640/8 | €26,912 | €28,200 | +€1,288 | +4.8% |
| Gross operating margin | 9900 | €84,251 | €62,146 | -€22,104 | -26.2% |
| Operating profit (loss) | 9901 | €44,682 | €21,290 | -€23,393 | -52.4% |
| Financial income | 75/76B | €90 | €105 | +€15 | +16.9% |
| Recurring financial income | 75 | €90 | €105 | +€15 | +16.9% |
| Financial charges | 65/66B | €1,381 | €1,559 | +€178 | +12.9% |
| Recurring financial charges | 65 | €1,381 | €1,559 | +€178 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €43,391 | €19,835 | -€23,556 | -54.3% |
| Income taxes | 67/77 | €10,855 | €4,959 | -€5,896 | -54.3% |
| Profit (loss) for the period | 9904 | €32,537 | €14,877 | -€17,660 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,537 | €14,877 | -€17,660 | -54.3% |
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.