Lindelli: 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.
Lindelli
Largest movements
- Receivables within one year +€16,529
up €16,529 (+1,791%), from €923 to €17,452
of which Trade receivables: +€16,536
- Stocks and contracts +€13,554
up €13,554 (+10.9%), from €124,276 to €137,829
- Cash +€2,490
up €2,490 (+536%), from €465 to €2,955
mainly Trade debts (+€32,573) and Tax, wage and social debts (+€9,725)
- Trade debts +€32,573
up €32,573 (+41.1%), from €79,228 to €111,801
- Other debts -€11,210
down €11,210 (-40.5%), from €27,655 to €16,445
- Tax, wage and social debts +€9,725
up €9,725 (+39.1%), from €24,900 to €34,625
of which Taxes: +€11,463
- Staff costs +€5,377
up €5,377 (+48.0%), from €11,203 to €16,580
- Other operating charges -€4,204
down €4,204 (-56.2%), from €7,485 to €3,281
- Taxes -€663
down €663 (-14.1%), from €4,701 to €4,038
- Financial charges +€439
up €439 (+7.2%), from €6,070 to €6,509
- Gross operating margin +€388
up €388 (+1.3%), from €30,392 to €30,780
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 | €127,404 | €159,600 | +€32,196 | +25.3% |
| Fixed assets | 21/28 | €1,741 | €1,363 | -€378 | -21.7% |
| Tangible fixed assets | 22/27 | €1,741 | €1,363 | -€378 | -21.7% |
| Plant, machinery and equipment | 23 | €69 | - | -€69 | |
| Furniture and vehicles | 24 | €1,672 | €1,363 | -€309 | -18.5% |
| Current assets | 29/58 | €125,663 | €158,237 | +€32,573 | +25.9% |
| Stocks and contracts in progress | 3 | €124,276 | €137,829 | +€13,554 | +10.9% |
| Stocks | 30/36 | €124,276 | €137,829 | +€13,554 | +10.9% |
| Amounts receivable within one year | 40/41 | €923 | €17,452 | +€16,529 | +1,791% |
| Trade receivables | 40 | €916 | €17,452 | +€16,536 | +1,805% |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €465 | €2,955 | +€2,490 | +536% |
| Total equity and liabilities | 10/49 | €127,404 | €159,600 | +€32,196 | +25.3% |
| Equity | 10/15 | -€15,139 | -€15,131 | +€8 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €440 | €440 | = | 0.0% |
| Tax-exempt reserves | 132 | €419 | €419 | = | 0.0% |
| Distributable reserves | 133 | €21 | €21 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,779 | -€21,771 | +€8 | 0.0% |
| Amounts payable | 17/49 | €142,543 | €174,731 | +€32,188 | +22.6% |
| Amounts payable within one year | 42/48 | €142,543 | €174,731 | +€32,188 | +22.6% |
| Financial debts | 43 | €10,760 | €11,859 | +€1,099 | +10.2% |
| Credit institutions | 430/8 | €10,760 | €11,859 | +€1,099 | +10.2% |
| Trade debts | 44 | €79,228 | €111,801 | +€32,573 | +41.1% |
| Suppliers | 440/4 | €79,228 | €111,801 | +€32,573 | +41.1% |
| Taxes, remuneration and social security | 45 | €24,900 | €34,625 | +€9,725 | +39.1% |
| Taxes | 450/3 | €22,428 | €33,891 | +€11,463 | +51.1% |
| Remuneration and social security | 454/9 | €2,472 | €734 | -€1,738 | -70.3% |
| Other amounts payable | 47/48 | €27,655 | €16,445 | -€11,210 | -40.5% |
| Remuneration, social security and pensions | 62 | €11,203 | €16,580 | +€5,377 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €309 | -€205 | -39.8% |
| Other operating charges | 640/8 | €7,485 | €3,281 | -€4,204 | -56.2% |
| Non-recurring operating charges | 66A | - | €69 | +€69 | |
| Gross operating margin | 9900 | €30,392 | €30,780 | +€388 | +1.3% |
| Operating profit (loss) | 9901 | €11,191 | €10,542 | -€649 | -5.8% |
| Financial income | 75/76B | €52 | €14 | -€38 | -73.7% |
| Recurring financial income | 75 | €52 | €14 | -€38 | -73.7% |
| Financial charges | 65/66B | €6,070 | €6,509 | +€439 | +7.2% |
| Recurring financial charges | 65 | €6,070 | €6,509 | +€439 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €5,173 | €4,046 | -€1,127 | -21.8% |
| Income taxes | 67/77 | €4,701 | €4,038 | -€663 | -14.1% |
| Profit (loss) for the period | 9904 | €472 | €8 | -€464 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €472 | €8 | -€464 | -98.3% |
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 13 October 2026 via checked.be.