LINDAFFECT: 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.
LINDAFFECT
Largest movements
- Cash +€43,495
up €43,495 (+20.4%), from €213,161 to €256,656
mainly Net result for the year (+€70,583) and Depreciation (+€12,863)
- Tangible fixed assets +€25,474
up €25,474 (+46.3%), from €55,071 to €80,545
of which Other tangible fixed assets: +€28,718
- Reserves +€67,083
up €67,083 (+31.6%), from €212,173 to €279,256
of which Distributable reserves: +€67,083
- Debts after one year -€10,587
down €10,587 (-26.5%), from €39,882 to €29,296
- Tax, wage and social debts +€8,006
up €8,006 (+32.2%), from €24,826 to €32,833
- Other debts +€4,470
new in 2025: €4,470
- Gross operating margin +€42,424
up €42,424 (+60.6%), from €70,017 to €112,442
- Taxes +€8,691
up €8,691 (+48.6%), from €17,868 to €26,559
- Depreciation +€7,267
up €7,267 (+130%), from €5,595 to €12,863
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 | €309,520 | €376,323 | +€66,803 | +21.6% |
| Fixed assets | 21/28 | €55,071 | €80,545 | +€25,474 | +46.3% |
| Tangible fixed assets | 22/27 | €55,071 | €80,545 | +€25,474 | +46.3% |
| Plant, machinery and equipment | 23 | - | €9,057 | +€9,057 | |
| Furniture and vehicles | 24 | €5,131 | €3,672 | -€1,459 | -28.4% |
| Leasing and similar rights | 25 | €49,940 | €39,099 | -€10,841 | -21.7% |
| Other tangible fixed assets | 26 | - | €28,718 | +€28,718 | |
| Current assets | 29/58 | €254,449 | €295,778 | +€41,329 | +16.2% |
| Amounts receivable within one year | 40/41 | €39,918 | €37,752 | -€2,166 | -5.4% |
| Trade receivables | 40 | €39,839 | €37,752 | -€2,087 | -5.2% |
| Other amounts receivable | 41 | €79 | - | -€79 | |
| Cash at bank and in hand | 54/58 | €213,161 | €256,656 | +€43,495 | +20.4% |
| Deferred charges and accrued income | 490/1 | €1,370 | €1,370 | = | 0.0% |
| Total equity and liabilities | 10/49 | €309,520 | €376,323 | +€66,803 | +21.6% |
| Equity | 10/15 | €230,723 | €297,806 | +€67,083 | +29.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €212,173 | €279,256 | +€67,083 | +31.6% |
| Tax-exempt reserves | 132 | €3,875 | €3,875 | = | 0.0% |
| Distributable reserves | 133 | €208,299 | €275,381 | +€67,083 | +32.2% |
| Amounts payable | 17/49 | €78,796 | €78,517 | -€279 | -0.4% |
| Amounts payable after more than one year | 17 | €39,882 | €29,296 | -€10,587 | -26.5% |
| Financial debts | 170/4 | €39,882 | €29,296 | -€10,587 | -26.5% |
| Amounts payable within one year | 42/48 | €38,914 | €49,221 | +€10,307 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €10,190 | €10,587 | +€397 | +3.9% |
| Trade debts | 44 | €3,897 | €1,332 | -€2,566 | -65.8% |
| Suppliers | 440/4 | €3,897 | €1,332 | -€2,566 | -65.8% |
| Taxes, remuneration and social security | 45 | €24,826 | €32,833 | +€8,006 | +32.2% |
| Taxes | 450/3 | €24,826 | €32,833 | +€8,006 | +32.2% |
| Other amounts payable | 47/48 | - | €4,470 | +€4,470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,595 | €12,863 | +€7,267 | +130% |
| Other operating charges | 640/8 | €1,160 | €573 | -€587 | -50.6% |
| Gross operating margin | 9900 | €70,017 | €112,442 | +€42,424 | +60.6% |
| Operating profit (loss) | 9901 | €63,262 | €99,006 | +€35,744 | +56.5% |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €1,058 | €1,864 | +€806 | +76.2% |
| Recurring financial charges | 65 | €1,058 | €1,864 | +€806 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €62,363 | €97,142 | +€34,779 | +55.8% |
| Income taxes | 67/77 | €17,868 | €26,559 | +€8,691 | +48.6% |
| Profit (loss) for the period | 9904 | €44,495 | €70,583 | +€26,087 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,495 | €70,583 | +€26,087 | +58.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.