Linea KM: 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.
Linea KM
Largest movements
- Receivables within one year -€51,257
down €51,257 (-94.3%), from €54,363 to €3,106
of which Other amounts receivable: -€52,500
- Tangible fixed assets +€12,862
up €12,862 (+41.2%), from €31,197 to €44,060
of which Land and buildings: +€17,264
- Deferred charges and accrued income +€9,411
up €9,411 (+183.9%), from €5,118 to €14,529
- Cash +€8,394
up €8,394 (+7.8%), from €107,020 to €115,414
mainly Net result for the year (+€52,069) and Receivables within one year (+€51,257)
- Stocks and contracts +€3,075
up €3,075 (+9.5%), from €32,361 to €35,436
- Reserves -€15,666
down €15,666 (-7.5%), from €207,949 to €192,284
- Tax, wage and social debts -€3,825
down €3,825 (-13.0%), from €29,354 to €25,528
of which Remuneration and social security: -€6,021
- Depreciation -€9,876
down €9,876 (-42.7%), from €23,107 to €13,231
- Gross operating margin +€5,618
up €5,618 (+2.4%), from €233,486 to €239,104
- Staff costs +€3,357
up €3,357 (+2.3%), from €147,037 to €150,394
- Taxes +€2,916
up €2,916 (+13.0%), from €22,369 to €25,285
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.
Cash bridge derived
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 | €290,060 | €272,545 | -€17,515 | -6.0% |
| Fixed assets | 21/28 | €31,197 | €44,060 | +€12,862 | +41.2% |
| Tangible fixed assets | 22/27 | €31,197 | €44,060 | +€12,862 | +41.2% |
| Land and buildings | 22 | €4,071 | €21,336 | +€17,264 | +424.0% |
| Plant, machinery and equipment | 23 | €2,561 | €1,548 | -€1,013 | -39.6% |
| Furniture and vehicles | 24 | €24,564 | €21,176 | -€3,388 | -13.8% |
| Current assets | 29/58 | €258,862 | €228,485 | -€30,377 | -11.7% |
| Stocks and contracts in progress | 3 | €32,361 | €35,436 | +€3,075 | +9.5% |
| Stocks | 30/36 | €32,361 | €35,436 | +€3,075 | +9.5% |
| Amounts receivable within one year | 40/41 | €54,363 | €3,106 | -€51,257 | -94.3% |
| Trade receivables | 40 | €1,393 | €2,636 | +€1,243 | +89.2% |
| Other amounts receivable | 41 | €52,970 | €470 | -€52,500 | -99.1% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,020 | €115,414 | +€8,394 | +7.8% |
| Deferred charges and accrued income | 490/1 | €5,118 | €14,529 | +€9,411 | +183.9% |
| Total equity and liabilities | 10/49 | €290,060 | €272,545 | -€17,515 | -6.0% |
| Equity | 10/15 | €254,519 | €238,853 | -€15,666 | -6.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €207,949 | €192,284 | -€15,666 | -7.5% |
| Distributable reserves | 133 | €207,949 | €192,284 | -€15,666 | -7.5% |
| Profit (loss) carried forward | 14 | €26,118 | €26,118 | = | 0.0% |
| Amounts payable | 17/49 | €35,541 | €33,692 | -€1,849 | -5.2% |
| Amounts payable within one year | 42/48 | €35,541 | €33,692 | -€1,849 | -5.2% |
| Trade debts | 44 | €3,674 | €3,752 | +€78 | +2.1% |
| Suppliers | 440/4 | €3,674 | €3,752 | +€78 | +2.1% |
| Taxes, remuneration and social security | 45 | €29,354 | €25,528 | -€3,825 | -13.0% |
| Taxes | 450/3 | €17,690 | €19,886 | +€2,195 | +12.4% |
| Remuneration and social security | 454/9 | €11,663 | €5,642 | -€6,021 | -51.6% |
| Other amounts payable | 47/48 | €2,513 | €4,412 | +€1,899 | +75.5% |
| Remuneration, social security and pensions | 62 | €147,037 | €150,394 | +€3,357 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,107 | €13,231 | -€9,876 | -42.7% |
| Other operating charges | 640/8 | €2,934 | €2,917 | -€17 | -0.6% |
| Non-recurring operating charges | 66A | €728 | - | -€728 | |
| Gross operating margin | 9900 | €233,486 | €239,104 | +€5,618 | +2.4% |
| Operating profit (loss) | 9901 | €59,681 | €72,563 | +€12,882 | +21.6% |
| Financial income | 75/76B | €5,457 | €4,881 | -€576 | -10.6% |
| Recurring financial income | 75 | €5,457 | €4,881 | -€576 | -10.6% |
| Financial charges | 65/66B | €121 | €90 | -€31 | -25.9% |
| Recurring financial charges | 65 | €121 | €90 | -€31 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €65,016 | €77,353 | +€12,337 | +19.0% |
| Income taxes | 67/77 | €22,369 | €25,285 | +€2,916 | +13.0% |
| Profit (loss) for the period | 9904 | €42,648 | €52,069 | +€9,421 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,648 | €52,069 | +€9,421 | +22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.