Linea Recta: 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 Recta
Largest movements
- Cash +€7,920
up €7,920 (+260.1%), from €3,045 to €10,965
mainly Net result for the year (+€8,113) and Tax, wage and social debts (+€3,829)
- Receivables within one year +€6,461
up €6,461 (+142.3%), from €4,542 to €11,003
- Financial fixed assets -€1,725
down €1,725 (-72.6%), from €2,375 to €650
- Intangible fixed assets -€1,002
no longer reported in 2025 (was €1,002)
- Reserves +€8,113
up €8,113 (+231.8%), from €3,500 to €11,613
- Tax, wage and social debts +€3,829
up €3,829 (+62.6%), from €6,116 to €9,945
- Trade debts -€571
down €571 (-42.9%), from €1,332 to €761
- Other debts +€411
up €411 (+1142.0%), from €36 to €447
- Gross operating margin +€15,156
up €15,156 (+11119.6%), from €136 to €15,292
- Taxes +€3,827
up €3,827 (+1417.1%), from €270 to €4,097
- Depreciation -€304
down €304 (-10.9%), from €2,794 to €2,490
- Other operating charges +€180
up €180 (+65.8%), from €274 to €453
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 | €18,621 | €30,403 | +€11,782 | +63.3% |
| Fixed assets | 21/28 | €11,034 | €8,142 | -€2,892 | -26.2% |
| Intangible fixed assets | 21 | €1,002 | - | -€1,002 | |
| Tangible fixed assets | 22/27 | €7,657 | €7,492 | -€164 | -2.1% |
| Plant, machinery and equipment | 23 | €2,360 | €1,793 | -€567 | -24.0% |
| Furniture and vehicles | 24 | €416 | €1,472 | +€1,056 | +253.8% |
| Other tangible fixed assets | 26 | €4,880 | €4,228 | -€653 | -13.4% |
| Financial fixed assets | 28 | €2,375 | €650 | -€1,725 | -72.6% |
| Current assets | 29/58 | €7,587 | €22,261 | +€14,673 | +193.4% |
| Amounts receivable within one year | 40/41 | €4,542 | €11,003 | +€6,461 | +142.3% |
| Trade receivables | 40 | €4,542 | €11,003 | +€6,461 | +142.3% |
| Cash at bank and in hand | 54/58 | €3,045 | €10,965 | +€7,920 | +260.1% |
| Deferred charges and accrued income | 490/1 | - | €292 | +€292 | |
| Total equity and liabilities | 10/49 | €18,621 | €30,403 | +€11,782 | +63.3% |
| Equity | 10/15 | €11,137 | €19,250 | +€8,113 | +72.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €11,613 | +€8,113 | +231.8% |
| Distributable reserves | 133 | €3,500 | €11,613 | +€8,113 | +231.8% |
| Profit (loss) carried forward | 14 | €3,637 | €3,637 | = | 0.0% |
| Amounts payable | 17/49 | €7,484 | €11,153 | +€3,669 | +49.0% |
| Amounts payable within one year | 42/48 | €7,484 | €11,153 | +€3,669 | +49.0% |
| Trade debts | 44 | €1,332 | €761 | -€571 | -42.9% |
| Suppliers | 440/4 | €1,332 | €761 | -€571 | -42.9% |
| Taxes, remuneration and social security | 45 | €6,116 | €9,945 | +€3,829 | +62.6% |
| Taxes | 450/3 | €6,116 | €9,945 | +€3,829 | +62.6% |
| Other amounts payable | 47/48 | €36 | €447 | +€411 | +1142.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,794 | €2,490 | -€304 | -10.9% |
| Other operating charges | 640/8 | €274 | €453 | +€180 | +65.8% |
| Gross operating margin | 9900 | €136 | €15,292 | +€15,156 | +11119.6% |
| Operating profit (loss) | 9901 | -€2,931 | €12,349 | +€15,280 | |
| Financial income | 75/76B | - | €36 | +€36 | |
| Recurring financial income | 75 | - | €36 | +€36 | |
| Financial charges | 65/66B | €186 | €175 | -€11 | -6.1% |
| Recurring financial charges | 65 | €186 | €175 | -€11 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,117 | €12,210 | +€15,327 | |
| Income taxes | 67/77 | €270 | €4,097 | +€3,827 | +1417.1% |
| Profit (loss) for the period | 9904 | -€3,387 | €8,113 | +€11,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,387 | €8,113 | +€11,500 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.