LINEA OR: 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 OR
Largest movements
- Stocks and contracts +€10,941
up €10,941 (+10.7%), from €101,864 to €112,805
- Receivables after one year -€5,100
down €5,100 (-24.6%), from €20,691 to €15,591
- Tangible fixed assets -€1,976
down €1,976 (-12.5%), from €15,808 to €13,832
- Profit (loss) carried forward +€7,485
up €7,485 (+10.7%), from €70,200 to €77,685
- Trade debts -€5,176
down €5,176 (-36.1%), from €14,320 to €9,143
- Tax, wage and social debts +€1,924
up €1,924 (+9.7%), from €19,786 to €21,710
of which Taxes: +€1,924
- Gross operating margin -€17,980
down €17,980 (-35.0%), from €51,360 to €33,380
- Financial charges -€8,542
down €8,542 (-80.0%), from €10,677 to €2,135
- Other operating charges +€6,787
up €6,787 (+315.0%), from €2,155 to €8,942
- Depreciation -€6,271
down €6,271 (-76.0%), from €8,247 to €1,976
- Staff costs +€3,646
up €3,646 (+1589.8%), from €229 to €3,875
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 | €155,338 | €160,388 | +€5,050 | +3.3% |
| Fixed assets | 21/28 | €15,808 | €13,832 | -€1,976 | -12.5% |
| Tangible fixed assets | 22/27 | €15,808 | €13,832 | -€1,976 | -12.5% |
| Land and buildings | 22 | €15,808 | €13,832 | -€1,976 | -12.5% |
| Current assets | 29/58 | €139,530 | €146,556 | +€7,026 | +5.0% |
| Amounts receivable after more than one year | 29 | €20,691 | €15,591 | -€5,100 | -24.6% |
| Other amounts receivable | 291 | €20,691 | €15,591 | -€5,100 | -24.6% |
| Stocks and contracts in progress | 3 | €101,864 | €112,805 | +€10,941 | +10.7% |
| Stocks | 30/36 | €101,864 | €112,805 | +€10,941 | +10.7% |
| Amounts receivable within one year | 40/41 | €1,563 | €1,563 | = | 0.0% |
| Other amounts receivable | 41 | €1,563 | €1,563 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,413 | €16,598 | +€1,185 | +7.7% |
| Total equity and liabilities | 10/49 | €155,338 | €160,388 | +€5,050 | +3.3% |
| Equity | 10/15 | €108,254 | €115,739 | +€7,485 | +6.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,054 | €13,054 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,194 | €11,194 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,200 | €77,685 | +€7,485 | +10.7% |
| Amounts payable | 17/49 | €47,084 | €44,650 | -€2,435 | -5.2% |
| Amounts payable within one year | 42/48 | €34,105 | €30,925 | -€3,180 | -9.3% |
| Trade debts | 44 | €14,320 | €9,143 | -€5,176 | -36.1% |
| Suppliers | 440/4 | €14,320 | €9,143 | -€5,176 | -36.1% |
| Taxes, remuneration and social security | 45 | €19,786 | €21,710 | +€1,924 | +9.7% |
| Taxes | 450/3 | €18,086 | €20,010 | +€1,924 | +10.6% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | - | €72 | +€72 | |
| Accrued charges and deferred income | 492/3 | €12,979 | €13,725 | +€746 | +5.7% |
| Remuneration, social security and pensions | 62 | €229 | €3,875 | +€3,646 | +1589.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,247 | €1,976 | -€6,271 | -76.0% |
| Other operating charges | 640/8 | €2,155 | €8,942 | +€6,787 | +315.0% |
| Gross operating margin | 9900 | €51,360 | €33,380 | -€17,980 | -35.0% |
| Operating profit (loss) | 9901 | €40,729 | €18,586 | -€22,143 | -54.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +262.5% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +262.5% |
| Financial charges | 65/66B | €10,677 | €2,135 | -€8,542 | -80.0% |
| Recurring financial charges | 65 | €10,677 | €2,135 | -€8,542 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €30,052 | €16,452 | -€13,600 | -45.3% |
| Income taxes | 67/77 | €12,315 | €8,967 | -€3,348 | -27.2% |
| Profit (loss) for the period | 9904 | €17,737 | €7,485 | -€10,252 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,737 | €7,485 | -€10,252 | -57.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.