LINC TECH: what changed
Two fiscal 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 TECH
Largest movements
- Tangible fixed assets +€7,143
up €7,143 (+177.7%), from €4,020 to €11,163
of which Other tangible fixed assets: +€7,646
- Cash +€4,332
up €4,332 (+2197.9%), from €197 to €4,529
mainly Net result for the year (+€22,334) and Tax, wage and social debts (+€9,277)
- Receivables within one year -€873
down €873 (-1.6%), from €54,436 to €53,563
of which Trade receivables: -€4,192
- Reserves +€22,334
up €22,334 (+378.9%), from €5,894 to €28,228
- Trade debts -€21,016
down €21,016 (-46.5%), from €45,182 to €24,166
- Tax, wage and social debts +€9,277
up €9,277 (+122.4%), from €7,576 to €16,853
of which Taxes: +€8,414
- Gross operating margin +€27,978
up €27,978 (+239.3%), from €11,689 to €39,667
- Taxes +€4,335
up €4,335 (+194.7%), from €2,226 to €6,561
- Staff costs +€3,692
up €3,692 (+221.1%), from €1,670 to €5,362
- Other operating charges +€2,633
up €2,633 (+240.9%), from €1,093 to €3,726
- Depreciation +€1,097
up €1,097 (+134.3%), from €817 to €1,914
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.
Cash bridge derived
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 | €58,652 | €69,255 | +€10,602 | +18.1% |
| Fixed assets | 21/28 | €4,020 | €11,163 | +€7,143 | +177.7% |
| Tangible fixed assets | 22/27 | €4,020 | €11,163 | +€7,143 | +177.7% |
| Plant, machinery and equipment | 23 | €1,374 | €1,043 | -€331 | -24.1% |
| Furniture and vehicles | 24 | €2,646 | €2,474 | -€171 | -6.5% |
| Other tangible fixed assets | 26 | - | €7,646 | +€7,646 | |
| Current assets | 29/58 | €54,633 | €58,092 | +€3,459 | +6.3% |
| Amounts receivable within one year | 40/41 | €54,436 | €53,563 | -€873 | -1.6% |
| Trade receivables | 40 | €44,711 | €40,519 | -€4,192 | -9.4% |
| Other amounts receivable | 41 | €9,725 | €13,045 | +€3,319 | +34.1% |
| Cash at bank and in hand | 54/58 | €197 | €4,529 | +€4,332 | +2197.9% |
| Total equity and liabilities | 10/49 | €58,652 | €69,255 | +€10,602 | +18.1% |
| Equity | 10/15 | €5,894 | €28,228 | +€22,334 | +378.9% |
| Reserves | 13 | €5,894 | €28,228 | +€22,334 | +378.9% |
| Distributable reserves | 133 | €5,894 | €28,228 | +€22,334 | +378.9% |
| Amounts payable | 17/49 | €52,758 | €41,026 | -€11,732 | -22.2% |
| Amounts payable within one year | 42/48 | €52,758 | €41,018 | -€11,740 | -22.3% |
| Trade debts | 44 | €45,182 | €24,166 | -€21,016 | -46.5% |
| Suppliers | 440/4 | €45,182 | €24,166 | -€21,016 | -46.5% |
| Taxes, remuneration and social security | 45 | €7,576 | €16,853 | +€9,277 | +122.4% |
| Taxes | 450/3 | €7,576 | €15,990 | +€8,414 | +111.1% |
| Remuneration and social security | 454/9 | - | €863 | +€863 | |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €1,670 | €5,362 | +€3,692 | +221.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €1,914 | +€1,097 | +134.3% |
| Other operating charges | 640/8 | €1,093 | €3,726 | +€2,633 | +240.9% |
| Gross operating margin | 9900 | €11,689 | €39,667 | +€27,978 | +239.3% |
| Operating profit (loss) | 9901 | €8,110 | €28,665 | +€20,556 | +253.5% |
| Financial income | 75/76B | €154 | €595 | +€442 | +287.6% |
| Recurring financial income | 75 | €154 | €595 | +€442 | +287.6% |
| Financial charges | 65/66B | €143 | €366 | +€223 | +155.6% |
| Recurring financial charges | 65 | €143 | €366 | +€223 | +155.6% |
| Profit (loss) for the period before taxes | 9903 | €8,120 | €28,895 | +€20,775 | +255.8% |
| Income taxes | 67/77 | €2,226 | €6,561 | +€4,335 | +194.7% |
| Profit (loss) for the period | 9904 | €5,894 | €22,334 | +€16,440 | +278.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,894 | €22,334 | +€16,440 | +278.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.