LINDEN - ROLAND: 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.
LINDEN - ROLAND
Largest movements
- Receivables within one year -€43,362
down €43,362 (-37.7%), from €115,104 to €71,742
of which Other amounts receivable: -€38,481
- Tangible fixed assets -€17,006
down €17,006 (-4.3%), from €392,310 to €375,303
of which Land and buildings: -€15,266
- Current investments +€14,798
up €14,798 (+11.7%), from €126,131 to €140,929
- Cash -€10,089
down €10,089 (-77.9%), from €12,953 to €2,864
mainly Other debts (-€40,000) and Debts after one year (-€26,947)
- Deferred charges and accrued income +€7,775
new in 2025: €7,775
- Other debts -€40,000
no longer reported in 2025 (was €40,000)
- Debts after one year -€26,947
down €26,947 (-10.8%), from €248,633 to €221,686
- Profit (loss) carried forward +€20,469
up €20,469 (+140%), from €14,587 to €35,056
- Gross operating margin +€6,461
up €6,461 (+14.2%), from €45,359 to €51,820
- Taxes +€1,349
up €1,349 (+24.6%), from €5,474 to €6,823
- Financial charges -€687
down €687 (-11.4%), from €6,008 to €5,321
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 | €646,497 | €598,613 | -€47,884 | -7.4% |
| Fixed assets | 21/28 | €392,310 | €375,303 | -€17,006 | -4.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €392,310 | €375,303 | -€17,006 | -4.3% |
| Land and buildings | 22 | €383,543 | €368,277 | -€15,266 | -4.0% |
| Plant, machinery and equipment | 23 | €8,767 | €7,027 | -€1,741 | -19.9% |
| Current assets | 29/58 | €254,188 | €223,310 | -€30,878 | -12.1% |
| Amounts receivable within one year | 40/41 | €115,104 | €71,742 | -€43,362 | -37.7% |
| Trade receivables | 40 | €23,697 | €18,815 | -€4,881 | -20.6% |
| Other amounts receivable | 41 | €91,407 | €52,926 | -€38,481 | -42.1% |
| Current investments | 50/53 | €126,131 | €140,929 | +€14,798 | +11.7% |
| Cash at bank and in hand | 54/58 | €12,953 | €2,864 | -€10,089 | -77.9% |
| Deferred charges and accrued income | 490/1 | - | €7,775 | +€7,775 | |
| Total equity and liabilities | 10/49 | €646,497 | €598,613 | -€47,884 | -7.4% |
| Equity | 10/15 | €257,696 | €278,165 | +€20,469 | +7.9% |
| Contributions | 10/11 | €58,130 | €58,130 | = | 0.0% |
| Reserves | 13 | €184,979 | €184,979 | = | 0.0% |
| Distributable reserves | 133 | €184,979 | €184,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,587 | €35,056 | +€20,469 | +140% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €328,801 | €260,448 | -€68,353 | -20.8% |
| Amounts payable after more than one year | 17 | €248,633 | €221,686 | -€26,947 | -10.8% |
| Financial debts | 170/4 | €248,633 | €221,686 | -€26,947 | -10.8% |
| Amounts payable within one year | 42/48 | €77,996 | €33,004 | -€44,992 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €32,871 | €31,868 | -€1,003 | -3.1% |
| Trade debts | 44 | €266 | - | -€266 | |
| Suppliers | 440/4 | €266 | - | -€266 | |
| Taxes, remuneration and social security | 45 | €4,859 | €1,136 | -€3,723 | -76.6% |
| Taxes | 450/3 | €4,859 | €1,136 | -€3,723 | -76.6% |
| Other amounts payable | 47/48 | €40,000 | - | -€40,000 | |
| Accrued charges and deferred income | 492/3 | €2,172 | €5,758 | +€3,586 | +165% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,006 | €17,006 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,240 | €3,341 | +€101 | +3.1% |
| Gross operating margin | 9900 | €45,359 | €51,820 | +€6,461 | +14.2% |
| Operating profit (loss) | 9901 | €25,113 | €31,472 | +€6,359 | +25.3% |
| Financial income | 75/76B | €1,269 | €1,140 | -€129 | -10.1% |
| Recurring financial income | 75 | €1,269 | €1,140 | -€129 | -10.1% |
| Financial charges | 65/66B | €6,008 | €5,321 | -€687 | -11.4% |
| Recurring financial charges | 65 | €6,008 | €5,321 | -€687 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €20,374 | €27,292 | +€6,917 | +34.0% |
| Income taxes | 67/77 | €5,474 | €6,823 | +€1,349 | +24.6% |
| Profit (loss) for the period | 9904 | €14,900 | €20,469 | +€5,569 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,900 | €20,469 | +€5,569 | +37.4% |
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 23 October 2026 via checked.be.