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Lincoln 26: 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.

What changed

Lincoln 26

BE 0597.918.886
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,428
2023 · -€10,156+€4,728
Equity
-€122,378
2023 · -€116,950-€5,428
Cash
€2,220
2023 · €2,042+€179
Balance sheet total
€432,144
2023 · €465,700-€33,556

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€30,825

    down €30,825 (-6.7%), from €460,635 to €429,810

Equity and liabilities
  • Other debts -€28,500

    down €28,500 (-5.4%), from €532,604 to €504,104

  • Profit (loss) carried forward -€5,428

    down €5,428 (-4.0%), from -€135,550 to -€140,978

Income statement
  • Gross operating margin +€5,188

    up €5,188 (+22.0%), from €23,605 to €28,793

  • Financial charges +€322

    up €322 (+223.2%), from €144 to €467

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,156
Gross operating margin +€5,188
Depreciation +€0
Other operating charges -€151
Financial income +€9
Financial charges -€322
Taxes +€4
Result 2024 -€5,428

Cash bridge derived

cash 2023 to 2024

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.

From operations -€2,737
Investment +€2,916
Financing €0
Cash 2023 €2,042
Net result for the year -€5,428
Depreciation +€30,825
Smaller working-capital items +€21
Other debts -€28,500
Accrued charges and deferred income +€345
Current investments +€2,916
Cash 2024 €2,220
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €465,700 €432,144 -€33,556 -7.2%
Fixed assets 21/28 €460,635 €429,810 -€30,825 -6.7%
Tangible fixed assets 22/27 €460,635 €429,810 -€30,825 -6.7%
Land and buildings 22 €460,635 €429,810 -€30,825 -6.7%
Current assets 29/58 €5,065 €2,334 -€2,731 -53.9%
Amounts receivable within one year 40/41 - €7 +€7
Other amounts receivable 41 - €7 +€7
Current investments 50/53 €3,023 €107 -€2,916 -96.5%
Cash at bank and in hand 54/58 €2,042 €2,220 +€179 +8.7%
Total equity and liabilities 10/49 €465,700 €432,144 -€33,556 -7.2%
Equity 10/15 -€116,950 -€122,378 -€5,428 -4.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€135,550 -€140,978 -€5,428 -4.0%
Amounts payable 17/49 €582,650 €554,522 -€28,128 -4.8%
Amounts payable after more than one year 17 €50,000 €50,000 = 0.0%
Other amounts payable 178/9 €50,000 €50,000 = 0.0%
Amounts payable within one year 42/48 €532,614 €504,141 -€28,473 -5.3%
Trade debts 44 €10 €37 +€27 +266.9%
Suppliers 440/4 €10 €37 +€27 +266.9%
Other amounts payable 47/48 €532,604 €504,104 -€28,500 -5.4%
Accrued charges and deferred income 492/3 €36 €381 +€345 +960.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,825 €30,825 -€0 0.0%
Other operating charges 640/8 €2,807 €2,958 +€151 +5.4%
Gross operating margin 9900 €23,605 €28,793 +€5,188 +22.0%
Operating profit (loss) 9901 -€10,027 -€4,990 +€5,037 +50.2%
Financial income 75/76B €19 €28 +€9 +47.4%
Recurring financial income 75 €19 €28 +€9 +47.4%
Financial charges 65/66B €144 €467 +€322 +223.2%
Recurring financial charges 65 €144 €467 +€322 +223.2%
Profit (loss) for the period before taxes 9903 -€10,153 -€5,428 +€4,724 +46.5%
Income taxes 67/77 €4 - -€4
Profit (loss) for the period 9904 -€10,156 -€5,428 +€4,728 +46.6%
Profit (loss) for the period to be appropriated 9905 -€10,156 -€5,428 +€4,728 +46.6%

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 28 September 2026 via checked.be.