LINDI: 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.
LINDI
Largest movements
- Cash +€42,568
up €42,568 (+28.5%), from €149,115 to €191,683
mainly Net result for the year (+€63,895) and Depreciation (+€22,026)
- Tangible fixed assets +€18,358
up €18,358 (+22.9%), from €80,000 to €98,358
of which Furniture and vehicles: +€29,979
- Receivables within one year +€4,274
up €4,274 (+35.8%), from €11,934 to €16,208
of which Trade receivables: +€2,984
- Deferred charges and accrued income +€3,267
up €3,267 (+87.0%), from €3,757 to €7,024
- Reserves +€63,000
up €63,000 (+41.5%), from €151,860 to €214,860
of which Distributable reserves: +€63,000
- Advances received +€7,935
up €7,935 (+114.6%), from €6,927 to €14,862
- Other debts +€5,962
up €5,962 (+201.8%), from €2,954 to €8,917
- Current portion of long-term debt -€4,712
down €4,712 (-100.0%), from €4,712 to €0
- Trade debts -€4,420
down €4,420 (-45.0%), from €9,811 to €5,391
- Gross operating margin +€32,923
up €32,923 (+32.4%), from €101,584 to €134,507
- Staff costs +€14,193
new in 2024: €14,193
- Taxes +€4,907
up €4,907 (+22.3%), from €21,958 to €26,865
- Depreciation +€3,475
up €3,475 (+18.7%), from €18,551 to €22,026
- Financial charges +€1,941
up €1,941 (+84.9%), from €2,285 to €4,227
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 | €252,437 | €320,274 | +€67,837 | +26.9% |
| Fixed assets | 21/28 | €81,000 | €99,358 | +€18,358 | +22.7% |
| Tangible fixed assets | 22/27 | €80,000 | €98,358 | +€18,358 | +22.9% |
| Plant, machinery and equipment | 23 | €22,900 | €18,880 | -€4,021 | -17.6% |
| Furniture and vehicles | 24 | €2,496 | €32,474 | +€29,979 | +1201.3% |
| Other tangible fixed assets | 26 | €54,604 | €47,004 | -€7,600 | -13.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €171,437 | €220,916 | +€49,479 | +28.9% |
| Stocks and contracts in progress | 3 | €6,630 | €6,000 | -€630 | -9.5% |
| Stocks | 30/36 | €6,630 | €6,000 | -€630 | -9.5% |
| Amounts receivable within one year | 40/41 | €11,934 | €16,208 | +€4,274 | +35.8% |
| Trade receivables | 40 | €11,760 | €14,744 | +€2,984 | +25.4% |
| Other amounts receivable | 41 | €174 | €1,464 | +€1,290 | +740.8% |
| Cash at bank and in hand | 54/58 | €149,115 | €191,683 | +€42,568 | +28.5% |
| Deferred charges and accrued income | 490/1 | €3,757 | €7,024 | +€3,267 | +87.0% |
| Total equity and liabilities | 10/49 | €252,437 | €320,274 | +€67,837 | +26.9% |
| Equity | 10/15 | €215,661 | €279,557 | +€63,895 | +29.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,860 | €214,860 | +€63,000 | +41.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €151,860 | €214,860 | +€63,000 | +41.5% |
| Profit (loss) carried forward | 14 | €51,401 | €52,297 | +€895 | +1.7% |
| Amounts payable | 17/49 | €36,776 | €40,717 | +€3,942 | +10.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €34,776 | €40,717 | +€5,942 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €4,712 | €0 | -€4,712 | -100.0% |
| Trade debts | 44 | €9,811 | €5,391 | -€4,420 | -45.0% |
| Suppliers | 440/4 | €9,811 | €5,391 | -€4,420 | -45.0% |
| Advances received on contracts in progress | 46 | €6,927 | €14,862 | +€7,935 | +114.6% |
| Taxes, remuneration and social security | 45 | €10,372 | €11,547 | +€1,176 | +11.3% |
| Taxes | 450/3 | €10,372 | €8,164 | -€2,207 | -21.3% |
| Remuneration and social security | 454/9 | - | €3,383 | +€3,383 | |
| Other amounts payable | 47/48 | €2,954 | €8,917 | +€5,962 | +201.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €14,193 | +€14,193 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,551 | €22,026 | +€3,475 | +18.7% |
| Other operating charges | 640/8 | €3,593 | €3,301 | -€292 | -8.1% |
| Gross operating margin | 9900 | €101,584 | €134,507 | +€32,923 | +32.4% |
| Operating profit (loss) | 9901 | €79,440 | €94,987 | +€15,547 | +19.6% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €2,285 | €4,227 | +€1,941 | +84.9% |
| Recurring financial charges | 65 | €2,285 | €4,227 | +€1,941 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €77,161 | €90,760 | +€13,599 | +17.6% |
| Income taxes | 67/77 | €21,958 | €26,865 | +€4,907 | +22.3% |
| Profit (loss) for the period | 9904 | €55,203 | €63,895 | +€8,693 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,203 | €63,895 | +€8,693 | +15.7% |
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.