LINE - MANAGEMENT: 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.
What changed
LINE - MANAGEMENT
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €1.5m-€47,776
Equity
€48.1m
2024 · €47.9m+€181,803
Cash
€1.2m
2024 · €88,992+€1.1m
Balance sheet total
€56.5m
2024 · €53.6m+€2.9m
Largest movements
Assets
- Current investments +€1.2m
up €1.2m (+60.3%), from €2.1m to €3.3m
- Cash +€1.1m
up €1.1m (+1,215%), from €88,992 to €1.2m
mainly Short-term financial debts (+€2.1m) and Net result for the year (+€1.4m)
- Financial fixed assets +€717,006
up €717,006 (+1.7%), from €41.0m to €41.8m
Equity and liabilities
- Short-term financial debts +€2.1m
up €2.1m (+73.5%), from €2.9m to €5.0m
- Other debts +€820,942
up €820,942 (+122%), from €673,943 to €1.5m
Income statement
- Financial charges +€70,042
up €70,042 (+56.8%), from €123,389 to €193,431
- Gross operating margin +€20,168
up €20,168 (+17.0%), from -€118,615 to -€98,446
- Financial income +€9,191
up €9,191 (+0.5%), from €1.9m to €1.9m
of which Financial income: +€9,191
- Depreciation +€5,554
up €5,554 (+79.4%), from €6,991 to €12,546
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.
Result 2024
€1.5m
Gross operating margin
+€20,168
Depreciation
-€5,554
Other operating charges
-€1,184
Other operating items
-€914
Financial income
+€9,191
Financial charges
-€70,042
Taxes
+€559
Result 2025
€1.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.4m
Investment
-€2.0m
Financing
+€675,601
Cash 2024
€88,992
From operations (derived)
+€2.4m
Net result for the year
+€1.4m
Depreciation
+€12,546
Receivables within one year
+€171,381
Deferred charges and accrued income
+€6,249
Trade debts
-€21,745
Tax, wage and social debts
+€1,482
Other debts
+€820,942
Accrued charges and deferred income
+€5,568
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€766,371
Current investments
-€1.2m
Financing
+€675,601
Debts after one year
-€400,000
Current portion of long-term debt
+€195,000
Short-term financial debts
+€2.1m
Contributions, distributions and other
-€1.2m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,571,114 | €56,466,374 | +€2.9m | +5.4% |
| Fixed assets | 21/28 | €41,054,315 | €41,808,141 | +€753,825 | +1.8% |
| Tangible fixed assets | 22/27 | €20,009 | €56,829 | +€36,820 | +184% |
| Land and buildings | 22 | €3,570 | €2,016 | -€1,554 | -43.5% |
| Furniture and vehicles | 24 | €16,439 | €54,813 | +€38,374 | +233% |
| Financial fixed assets | 28 | €41,034,307 | €41,751,312 | +€717,006 | +1.7% |
| Current assets | 29/58 | €12,516,798 | €14,658,234 | +€2.1m | +17.1% |
| Amounts receivable after more than one year | 29 | €9,687,500 | €9,687,500 | = | 0.0% |
| Other amounts receivable | 291 | €9,687,500 | €9,687,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €681,220 | €509,839 | -€171,381 | -25.2% |
| Trade receivables | 40 | €23,562 | €35,313 | +€11,750 | +49.9% |
| Other amounts receivable | 41 | €657,658 | €474,526 | -€183,131 | -27.8% |
| Current investments | 50/53 | €2,052,838 | €3,290,668 | +€1.2m | +60.3% |
| Cash at bank and in hand | 54/58 | €88,992 | €1,170,227 | +€1.1m | +1,215% |
| Deferred charges and accrued income | 490/1 | €6,249 | €0 | -€6,249 | -100% |
| Total equity and liabilities | 10/49 | €53,571,114 | €56,466,374 | +€2.9m | +5.4% |
| Equity | 10/15 | €47,884,498 | €48,066,301 | +€181,803 | +0.4% |
| Contributions | 10/11 | €22,200,000 | €22,200,000 | = | 0.0% |
| Reserves | 13 | €22,476,986 | €22,658,789 | +€181,803 | +0.8% |
| Distributable reserves | 133 | €22,476,986 | €22,658,789 | +€181,803 | +0.8% |
| Profit (loss) carried forward | 14 | €3,207,512 | €3,207,512 | = | 0.0% |
| Amounts payable | 17/49 | €5,686,616 | €8,400,074 | +€2.7m | +47.7% |
| Amounts payable after more than one year | 17 | €1,200,000 | €800,000 | -€400,000 | -33.3% |
| Financial debts | 170/4 | €1,200,000 | €800,000 | -€400,000 | -33.3% |
| Amounts payable within one year | 42/48 | €4,474,116 | €7,582,006 | +€3.1m | +69.5% |
| Current portion of amounts payable after more than one year | 42 | €900,000 | €1,095,000 | +€195,000 | +21.7% |
| Financial debts | 43 | €2,875,159 | €4,987,370 | +€2.1m | +73.5% |
| Credit institutions | 430/8 | €2,875,159 | €4,987,370 | +€2.1m | +73.5% |
| Trade debts | 44 | €25,014 | €3,270 | -€21,745 | -86.9% |
| Suppliers | 440/4 | €25,014 | €3,270 | -€21,745 | -86.9% |
| Taxes, remuneration and social security | 45 | €0 | €1,482 | +€1,482 | |
| Taxes | 450/3 | €0 | €1,482 | +€1,482 | |
| Other amounts payable | 47/48 | €673,943 | €1,494,884 | +€820,942 | +122% |
| Accrued charges and deferred income | 492/3 | €12,500 | €18,068 | +€5,568 | +44.5% |
| Non-recurring operating income | 76A | €826 | €0 | -€826 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,991 | €12,546 | +€5,554 | +79.4% |
| Other operating charges | 640/8 | €2,257 | €3,442 | +€1,184 | +52.5% |
| Non-recurring operating charges | 66A | €0 | €914 | +€914 | |
| Gross operating margin | 9900 | -€118,615 | -€98,446 | +€20,168 | +17.0% |
| Operating profit (loss) | 9901 | -€127,864 | -€115,347 | +€12,516 | +9.8% |
| Financial income | 75/76B | €1,858,559 | €1,867,751 | +€9,191 | +0.5% |
| Recurring financial income | 75 | €1,858,559 | €1,867,751 | +€9,191 | +0.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €123,389 | €193,431 | +€70,042 | +56.8% |
| Recurring financial charges | 65 | €123,389 | €193,431 | +€70,042 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €1,607,307 | €1,558,973 | -€48,334 | -3.0% |
| Income taxes | 67/77 | €146,119 | €145,560 | -€559 | -0.4% |
| Profit (loss) for the period | 9904 | €1,461,188 | €1,413,413 | -€47,776 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,461,188 | €1,413,413 | -€47,776 | -3.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.