Lindenlei: 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.
Lindenlei
Largest movements
- Receivables within one year +€519,757
up €519,757 (+492%), from €105,598 to €625,355
of which Other amounts receivable: +€488,193
- Stocks and contracts +€502,842
up €502,842 (+8.1%), from €6.2m to €6.7m
- Cash -€114,835
down €114,835 (-37.1%), from €309,767 to €194,932
mainly Receivables within one year (-€519,757) and Stocks and contracts (-€502,842)
- Debts after one year +€712,500
up €712,500 (+31.1%), from €2.3m to €3.0m
of which Other amounts payable: +€712,500
- Accrued charges and deferred income +€236,301
up €236,301 (+3,818%), from €6,190 to €242,490
- Gross operating margin -€28,302
down €28,302 (-74.9%), from -€37,765 to -€66,067
- Financial income +€21,125
up €21,125 (+4,887%), from €432 to €21,558
- Financial charges -€2,416
down €2,416 (-87.3%), from €2,769 to €352
- Other operating charges -€1,451
down €1,451 (-56.3%), from €2,578 to €1,126
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 | €6,652,495 | €7,559,105 | +€906,610 | +13.6% |
| Current assets | 29/58 | €6,652,495 | €7,559,105 | +€906,610 | +13.6% |
| Stocks and contracts in progress | 3 | €6,233,988 | €6,736,831 | +€502,842 | +8.1% |
| Stocks | 30/36 | €6,233,988 | €6,736,831 | +€502,842 | +8.1% |
| Amounts receivable within one year | 40/41 | €105,598 | €625,355 | +€519,757 | +492% |
| Trade receivables | 40 | €62,013 | €93,577 | +€31,564 | +50.9% |
| Other amounts receivable | 41 | €43,585 | €531,778 | +€488,193 | +1,120% |
| Cash at bank and in hand | 54/58 | €309,767 | €194,932 | -€114,835 | -37.1% |
| Deferred charges and accrued income | 490/1 | €3,141 | €1,987 | -€1,154 | -36.7% |
| Total equity and liabilities | 10/49 | €6,652,495 | €7,559,105 | +€906,610 | +13.6% |
| Equity | 10/15 | €1,868,953 | €1,822,965 | -€45,988 | -2.5% |
| Contributions | 10/11 | €2,000,750 | €2,000,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,797 | -€177,785 | -€45,988 | -34.9% |
| Amounts payable | 17/49 | €4,783,541 | €5,736,140 | +€952,598 | +19.9% |
| Amounts payable after more than one year | 17 | €2,287,500 | €3,000,000 | +€712,500 | +31.1% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €2,287,500 | €3,000,000 | +€712,500 | +31.1% |
| Amounts payable within one year | 42/48 | €2,489,852 | €2,493,649 | +€3,797 | +0.2% |
| Financial debts | 43 | €1,750,000 | €1,750,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,750,000 | €1,750,000 | = | 0.0% |
| Trade debts | 44 | €64,849 | €86,242 | +€21,393 | +33.0% |
| Suppliers | 440/4 | €64,849 | €86,242 | +€21,393 | +33.0% |
| Other amounts payable | 47/48 | €675,003 | €657,408 | -€17,595 | -2.6% |
| Accrued charges and deferred income | 492/3 | €6,190 | €242,490 | +€236,301 | +3,818% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,578 | €1,126 | -€1,451 | -56.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€37,765 | -€66,067 | -€28,302 | -74.9% |
| Operating profit (loss) | 9901 | -€40,343 | -€67,194 | -€26,850 | -66.6% |
| Financial income | 75/76B | €432 | €21,558 | +€21,125 | +4,887% |
| Recurring financial income | 75 | €432 | €21,558 | +€21,125 | +4,887% |
| Financial charges | 65/66B | €2,769 | €352 | -€2,416 | -87.3% |
| Recurring financial charges | 65 | €2,769 | €352 | -€2,416 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,680 | -€45,988 | -€3,309 | -7.8% |
| Profit (loss) for the period | 9904 | -€42,680 | -€45,988 | -€3,309 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,680 | -€45,988 | -€3,309 | -7.8% |
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 27 October 2026 via checked.be.