LINC-ON: 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.
LINC-ON
Largest movements
- Tangible fixed assets -€16,659
down €16,659 (-3.1%), from €536,501 to €519,842
of which Land and buildings: -€15,687
- Receivables within one year +€7,441
up €7,441 (+38.4%), from €19,358 to €26,799
of which Other amounts receivable: +€14,309
- Reserves -€69,761
no longer reported in 2025 (was €69,761)
- Other debts +€68,871
up €68,871 (+7,741%), from €890 to €69,761
- Gross operating margin +€13,367
up €13,367 (+134%), from €9,968 to €23,336
- Taxes -€462
down €462, from €269 to -€193
- Depreciation +€388
up €388 (+2.4%), from €16,271 to €16,659
- Other operating charges -€289
down €289 (-5.9%), from €4,871 to €4,582
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 | €738,039 | €733,939 | -€4,100 | -0.6% |
| Fixed assets | 21/28 | €536,501 | €519,842 | -€16,659 | -3.1% |
| Tangible fixed assets | 22/27 | €536,501 | €519,842 | -€16,659 | -3.1% |
| Land and buildings | 22 | €532,849 | €517,161 | -€15,687 | -2.9% |
| Furniture and vehicles | 24 | €3,652 | €2,681 | -€972 | -26.6% |
| Current assets | 29/58 | €201,538 | €214,097 | +€12,559 | +6.2% |
| Amounts receivable within one year | 40/41 | €19,358 | €26,799 | +€7,441 | +38.4% |
| Trade receivables | 40 | €15,358 | €8,490 | -€6,868 | -44.7% |
| Other amounts receivable | 41 | €4,000 | €18,309 | +€14,309 | +358% |
| Cash at bank and in hand | 54/58 | €179,415 | €184,681 | +€5,266 | +2.9% |
| Deferred charges and accrued income | 490/1 | €2,764 | €2,617 | -€147 | -5.3% |
| Total equity and liabilities | 10/49 | €738,039 | €733,939 | -€4,100 | -0.6% |
| Equity | 10/15 | €725,669 | €657,816 | -€67,853 | -9.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €69,761 | - | -€69,761 | |
| Distributable reserves | 133 | €69,761 | - | -€69,761 | |
| Profit (loss) carried forward | 14 | €641,648 | €643,556 | +€1,908 | +0.3% |
| Amounts payable | 17/49 | €12,370 | €76,123 | +€63,753 | +515% |
| Amounts payable within one year | 42/48 | €11,497 | €74,619 | +€63,122 | +549% |
| Trade debts | 44 | €6,159 | €4,858 | -€1,302 | -21.1% |
| Suppliers | 440/4 | €6,159 | €4,858 | -€1,302 | -21.1% |
| Taxes, remuneration and social security | 45 | €4,448 | - | -€4,448 | |
| Taxes | 450/3 | €4,448 | - | -€4,448 | |
| Other amounts payable | 47/48 | €890 | €69,761 | +€68,871 | +7,741% |
| Accrued charges and deferred income | 492/3 | €873 | €1,504 | +€631 | +72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,271 | €16,659 | +€388 | +2.4% |
| Other operating charges | 640/8 | €4,871 | €4,582 | -€289 | -5.9% |
| Non-recurring operating charges | 66A | - | €185 | +€185 | |
| Gross operating margin | 9900 | €9,968 | €23,336 | +€13,367 | +134% |
| Operating profit (loss) | 9901 | -€11,173 | €1,909 | +€13,083 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -26.9% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -26.9% |
| Financial charges | 65/66B | €107 | €195 | +€89 | +83.3% |
| Recurring financial charges | 65 | €107 | €195 | +€89 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,278 | €1,715 | +€12,993 | |
| Income taxes | 67/77 | €269 | -€193 | -€462 | |
| Profit (loss) for the period | 9904 | -€11,547 | €1,908 | +€13,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,547 | €1,908 | +€13,456 |
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 21 October 2026 via checked.be.