LINCOLOR: 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.
LINCOLOR
Largest movements
- Receivables within one year +€20,332
up €20,332 (+292.2%), from €6,957 to €27,289
of which Trade receivables: +€16,737
- Cash +€4,316
up €4,316 (+47.0%), from €9,178 to €13,494
mainly Net result for the year (+€31,072) and Contributions, distributions and other (+€2,200)
- Stocks and contracts -€1,571
down €1,571 (-2.9%), from €55,092 to €53,521
- Profit (loss) carried forward +€31,072
up €31,072 (+135.9%), from €22,872 to €53,944
- Trade debts -€10,440
down €10,440 (-63.5%), from €16,429 to €5,989
- Contributions +€2,200
new in 2025: €2,200
- Gross operating margin +€9,006
up €9,006 (+37.5%), from €24,001 to €33,007
- Financial charges +€517
up €517 (+52.9%), from €977 to €1,494
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.
Cash bridge derived
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 | €72,301 | €95,133 | +€22,833 | +31.6% |
| Fixed assets | 21/28 | €1,073 | €829 | -€245 | -22.8% |
| Tangible fixed assets | 22/27 | €1,073 | €829 | -€245 | -22.8% |
| Furniture and vehicles | 24 | €1,073 | €829 | -€245 | -22.8% |
| Current assets | 29/58 | €71,227 | €94,305 | +€23,077 | +32.4% |
| Stocks and contracts in progress | 3 | €55,092 | €53,521 | -€1,571 | -2.9% |
| Stocks | 30/36 | €55,092 | €53,521 | -€1,571 | -2.9% |
| Amounts receivable within one year | 40/41 | €6,957 | €27,289 | +€20,332 | +292.2% |
| Trade receivables | 40 | €2,323 | €19,060 | +€16,737 | +720.5% |
| Other amounts receivable | 41 | €4,635 | €8,230 | +€3,595 | +77.6% |
| Cash at bank and in hand | 54/58 | €9,178 | €13,494 | +€4,316 | +47.0% |
| Total equity and liabilities | 10/49 | €72,301 | €95,133 | +€22,833 | +31.6% |
| Equity | 10/15 | €22,872 | €56,144 | +€33,272 | +145.5% |
| Contributions | 10/11 | - | €2,200 | +€2,200 | |
| Profit (loss) carried forward | 14 | €22,872 | €53,944 | +€31,072 | +135.9% |
| Amounts payable | 17/49 | €49,429 | €38,989 | -€10,440 | -21.1% |
| Amounts payable within one year | 42/48 | €49,429 | €38,989 | -€10,440 | -21.1% |
| Trade debts | 44 | €16,429 | €5,989 | -€10,440 | -63.5% |
| Suppliers | 440/4 | €16,429 | €5,989 | -€10,440 | -63.5% |
| Other amounts payable | 47/48 | €33,000 | €33,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €245 | +€93 | +61.3% |
| Other operating charges | 640/8 | - | €196 | +€196 | |
| Gross operating margin | 9900 | €24,001 | €33,007 | +€9,006 | +37.5% |
| Operating profit (loss) | 9901 | €23,849 | €32,566 | +€8,717 | +36.6% |
| Financial charges | 65/66B | €977 | €1,494 | +€517 | +52.9% |
| Recurring financial charges | 65 | €977 | €1,494 | +€517 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €22,872 | €31,072 | +€8,200 | +35.9% |
| Profit (loss) for the period | 9904 | €22,872 | €31,072 | +€8,200 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,872 | €31,072 | +€8,200 | +35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.