LINDEBRINGS: 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.
LINDEBRINGS
Largest movements
- Cash +€198,327
up €198,327 (+141%), from €141,088 to €339,415
mainly Net result for the year (+€124,493) and Receivables within one year (+€86,286)
- Receivables within one year -€86,286
down €86,286 (-30.2%), from €285,471 to €199,185
of which Other amounts receivable: -€107,348
- Tangible fixed assets +€15,063
up €15,063 (+5.0%), from €300,970 to €316,033
of which Furniture and vehicles: +€24,223
- Other debts +€41,261
up €41,261, from €0 to €41,261
- Profit (loss) carried forward +€24,493
up €24,493 (+3.8%), from €651,324 to €675,817
- Tax, wage and social debts +€18,691
up €18,691 (+70.0%), from €26,686 to €45,377
of which Remuneration and social security: +€22,206
- Debts after one year +€16,127
up €16,127 (+17.1%), from €94,165 to €110,292
- Reserves +€15,411
up €15,411 (+5.5%), from €278,633 to €294,044
- Gross operating margin +€141,861
up €141,861 (+28.8%), from €492,381 to €634,242
- Taxes +€40,522
up €40,522 (+287%), from €14,133 to €54,655
- Depreciation +€11,865
up €11,865 (+20.6%), from €57,713 to €69,579
- Financial income +€8,134
up €8,134 (+59.7%), from €13,632 to €21,765
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 | €1,259,995 | €1,366,788 | +€106,793 | +8.5% |
| Fixed assets | 21/28 | €442,675 | €457,738 | +€15,063 | +3.4% |
| Tangible fixed assets | 22/27 | €300,970 | €316,033 | +€15,063 | +5.0% |
| Plant, machinery and equipment | 23 | €5,157 | €3,998 | -€1,160 | -22.5% |
| Furniture and vehicles | 24 | €236,198 | €260,420 | +€24,223 | +10.3% |
| Other tangible fixed assets | 26 | €59,615 | €51,615 | -€8,000 | -13.4% |
| Financial fixed assets | 28 | €141,705 | €141,705 | = | 0.0% |
| Current assets | 29/58 | €817,321 | €909,051 | +€91,730 | +11.2% |
| Stocks and contracts in progress | 3 | €373,000 | €365,325 | -€7,675 | -2.1% |
| Stocks | 30/36 | €373,000 | €365,325 | -€7,675 | -2.1% |
| Amounts receivable within one year | 40/41 | €285,471 | €199,185 | -€86,286 | -30.2% |
| Trade receivables | 40 | €141,736 | €162,798 | +€21,062 | +14.9% |
| Other amounts receivable | 41 | €143,735 | €36,388 | -€107,348 | -74.7% |
| Cash at bank and in hand | 54/58 | €141,088 | €339,415 | +€198,327 | +141% |
| Deferred charges and accrued income | 490/1 | €17,761 | €5,125 | -€12,636 | -71.1% |
| Total equity and liabilities | 10/49 | €1,259,995 | €1,366,788 | +€106,793 | +8.5% |
| Equity | 10/15 | €948,548 | €988,453 | +€39,905 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €278,633 | €294,044 | +€15,411 | +5.5% |
| Distributable reserves | 133 | €278,633 | €294,044 | +€15,411 | +5.5% |
| Profit (loss) carried forward | 14 | €651,324 | €675,817 | +€24,493 | +3.8% |
| Amounts payable | 17/49 | €311,447 | €378,335 | +€66,888 | +21.5% |
| Amounts payable after more than one year | 17 | €94,165 | €110,292 | +€16,127 | +17.1% |
| Financial debts | 170/4 | €94,165 | €110,292 | +€16,127 | +17.1% |
| Amounts payable within one year | 42/48 | €217,282 | €268,043 | +€50,761 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €71,043 | €70,328 | -€715 | -1.0% |
| Trade debts | 44 | €119,553 | €111,077 | -€8,476 | -7.1% |
| Suppliers | 440/4 | €119,553 | €111,077 | -€8,476 | -7.1% |
| Taxes, remuneration and social security | 45 | €26,686 | €45,377 | +€18,691 | +70.0% |
| Taxes | 450/3 | €7,744 | €4,229 | -€3,514 | -45.4% |
| Remuneration and social security | 454/9 | €18,942 | €41,147 | +€22,206 | +117% |
| Other amounts payable | 47/48 | €0 | €41,261 | +€41,261 | |
| Remuneration, social security and pensions | 62 | €388,247 | €388,851 | +€604 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,713 | €69,579 | +€11,865 | +20.6% |
| Other operating charges | 640/8 | €3,764 | €8,919 | +€5,155 | +137% |
| Gross operating margin | 9900 | €492,381 | €634,242 | +€141,861 | +28.8% |
| Operating profit (loss) | 9901 | €42,657 | €166,893 | +€124,237 | +291% |
| Financial income | 75/76B | €13,632 | €21,765 | +€8,134 | +59.7% |
| Recurring financial income | 75 | €13,632 | €21,765 | +€8,134 | +59.7% |
| Financial charges | 65/66B | €9,270 | €9,511 | +€240 | +2.6% |
| Recurring financial charges | 65 | €9,270 | €9,511 | +€240 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €47,018 | €179,148 | +€132,130 | +281% |
| Income taxes | 67/77 | €14,133 | €54,655 | +€40,522 | +287% |
| Profit (loss) for the period | 9904 | €32,885 | €124,493 | +€91,608 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €32,885 | €124,493 | +€91,608 | +279% |
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 14 October 2026 via checked.be.