LINDENHOVE: 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.
LINDENHOVE
Largest movements
- Tangible fixed assets -€13,009
down €13,009 (-8.8%), from €147,201 to €134,192
- Cash +€4,221
up €4,221 (+368%), from €1,147 to €5,368
mainly Depreciation (+€13,009) and Other debts (+€6,825)
- Current portion of long-term debt -€22,156
no longer reported in 2025 (was €22,156)
- Other debts +€6,825
up €6,825 (+88.2%), from €7,735 to €14,560
- Debts after one year +€5,832
up €5,832 (+7.2%), from €81,000 to €86,832
- Reserves +€5,282
up €5,282 (+24.8%), from €21,312 to €26,594
of which Distributable reserves: +€5,282
- Trade debts -€4,447
no longer reported in 2025 (was €4,447)
- Financial charges -€7,083
down €7,083 (-64.8%), from €10,930 to €3,847
- Gross operating margin -€4,498
down €4,498 (-13.8%), from €32,646 to €28,148
- Depreciation -€3,419
down €3,419 (-20.8%), from €16,429 to €13,009
- Taxes +€1,578
up €1,578 (+162%), from €975 to €2,553
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 | €149,346 | €139,609 | -€9,737 | -6.5% |
| Fixed assets | 21/28 | €147,201 | €134,192 | -€13,009 | -8.8% |
| Tangible fixed assets | 22/27 | €147,201 | €134,192 | -€13,009 | -8.8% |
| Land and buildings | 22 | €147,201 | €134,192 | -€13,009 | -8.8% |
| Current assets | 29/58 | €2,145 | €5,417 | +€3,272 | +153% |
| Amounts receivable within one year | 40/41 | €998 | €50 | -€949 | -95.0% |
| Trade receivables | 40 | €998 | - | -€998 | |
| Other amounts receivable | 41 | - | €50 | +€50 | |
| Cash at bank and in hand | 54/58 | €1,147 | €5,368 | +€4,221 | +368% |
| Total equity and liabilities | 10/49 | €149,346 | €139,609 | -€9,737 | -6.5% |
| Equity | 10/15 | €27,917 | €33,199 | +€5,282 | +18.9% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Contributions outside capital | 11 | €6,605 | - | -€6,605 | |
| Share premium | 1100/10 | €6,605 | - | -€6,605 | |
| Reserves | 13 | €21,312 | €26,594 | +€5,282 | +24.8% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | - | €1,900 | +€1,900 | |
| Distributable reserves | 133 | €19,412 | €24,694 | +€5,282 | +27.2% |
| Amounts payable | 17/49 | €121,429 | €106,410 | -€15,019 | -12.4% |
| Amounts payable after more than one year | 17 | €81,000 | €86,832 | +€5,832 | +7.2% |
| Financial debts | 170/4 | €81,000 | €86,832 | +€5,832 | +7.2% |
| Amounts payable within one year | 42/48 | €39,600 | €18,748 | -€20,851 | -52.7% |
| Current portion of amounts payable after more than one year | 42 | €22,156 | - | -€22,156 | |
| Trade debts | 44 | €4,447 | - | -€4,447 | |
| Suppliers | 440/4 | €4,447 | - | -€4,447 | |
| Taxes, remuneration and social security | 45 | €5,262 | €4,188 | -€1,074 | -20.4% |
| Taxes | 450/3 | €5,262 | €4,188 | -€1,074 | -20.4% |
| Other amounts payable | 47/48 | €7,735 | €14,560 | +€6,825 | +88.2% |
| Accrued charges and deferred income | 492/3 | €830 | €830 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,429 | €13,009 | -€3,419 | -20.8% |
| Other operating charges | 640/8 | €3,363 | €3,457 | +€94 | +2.8% |
| Gross operating margin | 9900 | €32,646 | €28,148 | -€4,498 | -13.8% |
| Operating profit (loss) | 9901 | €12,854 | €11,682 | -€1,173 | -9.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,930 | €3,847 | -€7,083 | -64.8% |
| Recurring financial charges | 65 | €10,930 | €3,847 | -€7,083 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €1,925 | €7,835 | +€5,910 | +307% |
| Income taxes | 67/77 | €975 | €2,553 | +€1,578 | +162% |
| Profit (loss) for the period | 9904 | €950 | €5,282 | +€4,332 | +456% |
| Profit (loss) for the period to be appropriated | 9905 | €950 | €5,282 | +€4,332 | +456% |
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 17 October 2026 via checked.be.