LINDEN E.Tec: 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.
LINDEN E.Tec
Largest movements
- Tangible fixed assets -€10,126
down €10,126 (-32.5%), from €31,177 to €21,051
of which Leasing and similar rights: -€9,900
- Cash -€2,788
down €2,788 (-32.0%), from €8,724 to €5,936
mainly Debts after one year (-€9,407) and Trade debts (-€3,667)
- Receivables within one year -€1,307
down €1,307 (-19.4%), from €6,740 to €5,433
of which Other amounts receivable: -€873
- Deferred charges and accrued income -€863
down €863 (-56.6%), from €1,525 to €662
- Debts after one year -€9,407
down €9,407 (-48.8%), from €19,279 to €9,873
- Trade debts -€3,667
down €3,667 (-79.0%), from €4,642 to €975
- Tax, wage and social debts -€1,702
down €1,702 (-26.3%), from €6,479 to €4,777
of which Taxes: -€1,752
- Gross operating margin -€3,626
down €3,626 (-20.6%), from €17,580 to €13,954
- Financial charges -€669
down €669 (-41.5%), from €1,611 to €942
- Taxes -€343
down €343 (-17.0%), from €2,020 to €1,677
- Depreciation +€223
up €223 (+2.3%), from €9,903 to €10,126
- Financial income +€190
up €190 (+140.0%), from €136 to €326
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,302 | €39,543 | -€14,759 | -27.2% |
| Fixed assets | 21/28 | €31,177 | €21,051 | -€10,126 | -32.5% |
| Tangible fixed assets | 22/27 | €31,177 | €21,051 | -€10,126 | -32.5% |
| Plant, machinery and equipment | 23 | €2,262 | €2,036 | -€227 | -10.0% |
| Leasing and similar rights | 25 | €28,915 | €19,015 | -€9,900 | -34.2% |
| Current assets | 29/58 | €23,125 | €18,492 | -€4,633 | -20.0% |
| Amounts receivable after more than one year | 29 | €6,136 | €6,462 | +€326 | +5.3% |
| Other amounts receivable | 291 | €6,136 | €6,462 | +€326 | +5.3% |
| Amounts receivable within one year | 40/41 | €6,740 | €5,433 | -€1,307 | -19.4% |
| Trade receivables | 40 | €5,067 | €4,633 | -€434 | -8.6% |
| Other amounts receivable | 41 | €1,673 | €800 | -€873 | -52.2% |
| Cash at bank and in hand | 54/58 | €8,724 | €5,936 | -€2,788 | -32.0% |
| Deferred charges and accrued income | 490/1 | €1,525 | €662 | -€863 | -56.6% |
| Total equity and liabilities | 10/49 | €54,302 | €39,543 | -€14,759 | -27.2% |
| Equity | 10/15 | €13,752 | €13,502 | -€250 | -1.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,752 | €9,502 | -€250 | -2.6% |
| Amounts payable | 17/49 | €40,550 | €26,041 | -€14,509 | -35.8% |
| Amounts payable after more than one year | 17 | €19,279 | €9,873 | -€9,407 | -48.8% |
| Financial debts | 170/4 | €19,279 | €9,873 | -€9,407 | -48.8% |
| Amounts payable within one year | 42/48 | €21,061 | €15,959 | -€5,102 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €9,140 | €9,407 | +€266 | +2.9% |
| Trade debts | 44 | €4,642 | €975 | -€3,667 | -79.0% |
| Suppliers | 440/4 | €4,642 | €975 | -€3,667 | -79.0% |
| Taxes, remuneration and social security | 45 | €6,479 | €4,777 | -€1,702 | -26.3% |
| Taxes | 450/3 | €4,329 | €2,577 | -€1,752 | -40.5% |
| Remuneration and social security | 454/9 | €2,150 | €2,200 | +€50 | +2.3% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €210 | €210 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,903 | €10,126 | +€223 | +2.3% |
| Other operating charges | 640/8 | €1,040 | €984 | -€56 | -5.4% |
| Gross operating margin | 9900 | €17,580 | €13,954 | -€3,626 | -20.6% |
| Operating profit (loss) | 9901 | €6,637 | €2,843 | -€3,794 | -57.2% |
| Financial income | 75/76B | €136 | €326 | +€190 | +140.0% |
| Recurring financial income | 75 | €136 | €326 | +€190 | +140.0% |
| Financial charges | 65/66B | €1,611 | €942 | -€669 | -41.5% |
| Recurring financial charges | 65 | €1,611 | €942 | -€669 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €5,162 | €2,227 | -€2,935 | -56.9% |
| Income taxes | 67/77 | €2,020 | €1,677 | -€343 | -17.0% |
| Profit (loss) for the period | 9904 | €3,142 | €550 | -€2,592 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,142 | €550 | -€2,592 | -82.5% |
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 1 October 2026 via checked.be.