LINDOLAR: 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.
LINDOLAR
Largest movements
- Receivables within one year +€37,856
up €37,856 (+62.6%), from €60,521 to €98,377
of which Trade receivables: +€37,856
- Cash +€1,319
up €1,319 (+64.0%), from €2,060 to €3,379
mainly Net result for the year (+€19,716) and Trade debts (+€13,060)
- Stocks and contracts +€1,235
up €1,235 (+28.0%), from €4,415 to €5,650
- Profit (loss) carried forward +€19,716
up €19,716 (+46.7%), from -€42,223 to -€22,507
- Trade debts +€13,060
up €13,060 (+142.0%), from €9,196 to €22,256
- Tax, wage and social debts +€3,569
up €3,569 (+63.0%), from €5,668 to €9,237
of which Taxes: +€2,936
- Other debts +€3,187
up €3,187 (+4.4%), from €73,238 to €76,425
- Gross operating margin +€7,158
up €7,158 (+43.1%), from €16,597 to €23,755
- Write-downs -€2,500
no longer reported in 2024 (was €2,500)
- Other operating charges +€2,496
up €2,496 (+718.3%), from €348 to €2,844
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 | €71,958 | €111,491 | +€39,532 | +54.9% |
| Fixed assets | 21/28 | €4,704 | €4,085 | -€619 | -13.2% |
| Tangible fixed assets | 22/27 | €4,460 | €3,841 | -€619 | -13.9% |
| Plant, machinery and equipment | 23 | €105 | €68 | -€37 | -35.3% |
| Furniture and vehicles | 24 | €124 | €80 | -€44 | -35.4% |
| Other tangible fixed assets | 26 | €4,231 | €3,693 | -€538 | -12.7% |
| Financial fixed assets | 28 | €244 | €244 | = | 0.0% |
| Current assets | 29/58 | €67,254 | €107,406 | +€40,151 | +59.7% |
| Stocks and contracts in progress | 3 | €4,415 | €5,650 | +€1,235 | +28.0% |
| Stocks | 30/36 | €4,415 | €5,650 | +€1,235 | +28.0% |
| Amounts receivable within one year | 40/41 | €60,521 | €98,377 | +€37,856 | +62.6% |
| Trade receivables | 40 | €60,303 | €98,159 | +€37,856 | +62.8% |
| Other amounts receivable | 41 | €218 | €218 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,060 | €3,379 | +€1,319 | +64.0% |
| Deferred charges and accrued income | 490/1 | €258 | - | -€258 | |
| Total equity and liabilities | 10/49 | €71,958 | €111,491 | +€39,532 | +54.9% |
| Equity | 10/15 | -€22,941 | -€3,225 | +€19,716 | +85.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €690 | €690 | = | 0.0% |
| Distributable reserves | 133 | €690 | €690 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,223 | -€22,507 | +€19,716 | +46.7% |
| Amounts payable | 17/49 | €94,899 | €114,716 | +€19,817 | +20.9% |
| Amounts payable within one year | 42/48 | €88,102 | €107,918 | +€19,817 | +22.5% |
| Trade debts | 44 | €9,196 | €22,256 | +€13,060 | +142.0% |
| Suppliers | 440/4 | €9,196 | €22,256 | +€13,060 | +142.0% |
| Taxes, remuneration and social security | 45 | €5,668 | €9,237 | +€3,569 | +63.0% |
| Taxes | 450/3 | €3,959 | €6,895 | +€2,936 | +74.2% |
| Remuneration and social security | 454/9 | €1,709 | €2,342 | +€633 | +37.0% |
| Other amounts payable | 47/48 | €73,238 | €76,425 | +€3,187 | +4.4% |
| Accrued charges and deferred income | 492/3 | €6,798 | €6,798 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €619 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,500 | - | -€2,500 | |
| Other operating charges | 640/8 | €348 | €2,844 | +€2,496 | +718.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,597 | €23,755 | +€7,158 | +43.1% |
| Operating profit (loss) | 9901 | €13,131 | €20,292 | +€7,162 | +54.5% |
| Financial charges | 65/66B | €232 | €338 | +€106 | +45.6% |
| Recurring financial charges | 65 | €232 | €338 | +€106 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €12,898 | €19,954 | +€7,056 | +54.7% |
| Income taxes | 67/77 | €132 | €238 | +€107 | +81.2% |
| Profit (loss) for the period | 9904 | €12,767 | €19,716 | +€6,949 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,767 | €19,716 | +€6,949 | +54.4% |
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 7 October 2026 via checked.be.