LINEA: 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.
LINEA
Largest movements
- Receivables within one year -€8,864
down €8,864 (-56.3%), from €15,758 to €6,894
of which Trade receivables: -€13,222
- Cash -€5,221
down €5,221 (-19.9%), from €26,303 to €21,081
mainly Net result for the year (-€20,283) and Investment in fixed assets (net) (-€6,792)
- Tangible fixed assets +€2,357
up €2,357 (+23.3%), from €10,113 to €12,469
of which Plant, machinery and equipment: +€3,547
- Deferred charges and accrued income +€893
up €893 (+37.1%), from €2,407 to €3,300
- Profit (loss) carried forward -€20,283
down €20,283 (-60.4%), from -€33,567 to -€53,850
- Debts after one year +€4,424
new in 2025: €4,424
- Tax, wage and social debts +€3,302
up €3,302 (+10.6%), from €31,296 to €34,598
of which Remuneration and social security: +€5,616
- Current portion of long-term debt +€2,188
up €2,188, from €0 to €2,188
- Gross operating margin -€27,829
down €27,829 (-10.4%), from €267,839 to €240,010
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 | €63,783 | €52,953 | -€10,830 | -17.0% |
| Fixed assets | 21/28 | €11,012 | €13,369 | +€2,357 | +21.4% |
| Tangible fixed assets | 22/27 | €10,113 | €12,469 | +€2,357 | +23.3% |
| Plant, machinery and equipment | 23 | €8,923 | €12,469 | +€3,547 | +39.7% |
| Furniture and vehicles | 24 | €1,190 | €0 | -€1,190 | -100% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €52,771 | €39,583 | -€13,187 | -25.0% |
| Stocks and contracts in progress | 3 | €8,303 | €8,308 | +€5 | +0.1% |
| Stocks | 30/36 | €8,303 | €8,308 | +€5 | +0.1% |
| Amounts receivable within one year | 40/41 | €15,758 | €6,894 | -€8,864 | -56.3% |
| Trade receivables | 40 | €15,758 | €2,536 | -€13,222 | -83.9% |
| Other amounts receivable | 41 | - | €4,358 | +€4,358 | |
| Cash at bank and in hand | 54/58 | €26,303 | €21,081 | -€5,221 | -19.9% |
| Deferred charges and accrued income | 490/1 | €2,407 | €3,300 | +€893 | +37.1% |
| Total equity and liabilities | 10/49 | €63,783 | €52,953 | -€10,830 | -17.0% |
| Equity | 10/15 | €30,626 | €10,343 | -€20,283 | -66.2% |
| Contributions | 10/11 | €11,312 | €11,312 | = | 0.0% |
| Reserves | 13 | €52,881 | €52,881 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,696 | €6,696 | = | 0.0% |
| Distributable reserves | 133 | €46,185 | €46,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,567 | -€53,850 | -€20,283 | -60.4% |
| Amounts payable | 17/49 | €33,157 | €42,610 | +€9,453 | +28.5% |
| Amounts payable after more than one year | 17 | - | €4,424 | +€4,424 | |
| Financial debts | 170/4 | - | €4,424 | +€4,424 | |
| Amounts payable within one year | 42/48 | €33,157 | €38,186 | +€5,029 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €2,188 | +€2,188 | |
| Trade debts | 44 | €1,645 | €1,014 | -€631 | -38.4% |
| Suppliers | 440/4 | €1,645 | €1,014 | -€631 | -38.4% |
| Taxes, remuneration and social security | 45 | €31,296 | €34,598 | +€3,302 | +10.6% |
| Taxes | 450/3 | €13,412 | €11,099 | -€2,314 | -17.3% |
| Remuneration and social security | 454/9 | €17,884 | €23,500 | +€5,616 | +31.4% |
| Other amounts payable | 47/48 | €215 | €385 | +€170 | +78.7% |
| Remuneration, social security and pensions | 62 | €251,939 | €253,218 | +€1,279 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,251 | €4,435 | +€184 | +4.3% |
| Other operating charges | 640/8 | €2,327 | €2,374 | +€48 | +2.1% |
| Gross operating margin | 9900 | €267,839 | €240,010 | -€27,829 | -10.4% |
| Operating profit (loss) | 9901 | €9,323 | -€20,017 | -€29,340 | |
| Financial income | 75/76B | €26 | €64 | +€38 | +143% |
| Recurring financial income | 75 | €26 | €64 | +€38 | +143% |
| Financial charges | 65/66B | €230 | €330 | +€101 | +43.7% |
| Recurring financial charges | 65 | €230 | €330 | +€101 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €9,119 | -€20,283 | -€29,402 | |
| Profit (loss) for the period | 9904 | €9,119 | -€20,283 | -€29,402 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,119 | -€20,283 | -€29,402 |
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 13 October 2026 via checked.be.