Linea Style: 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 Style
Largest movements
- Cash -€35,848
down €35,848 (-31.2%), from €114,933 to €79,085
mainly Contributions, distributions and other (-€29,522) and Debts after one year (-€17,700)
- Receivables within one year -€6,689
down €6,689 (-20.7%), from €32,271 to €25,581
of which Trade receivables: -€15,731
- Tangible fixed assets -€5,885
down €5,885 (-6.6%), from €89,656 to €83,771
of which Land and buildings: -€16,466
- Reserves -€33,330
down €33,330 (-16.7%), from €200,108 to €166,777
of which Distributable reserves: -€33,330
- Debts after one year -€17,700
no longer reported in 2025 (was €17,700)
- Gross operating margin -€36,083
down €36,083 (-64.0%), from €56,377 to €20,294
- Taxes -€9,893
down €9,893 (-93.4%), from €10,591 to €698
- Depreciation +€1,320
up €1,320 (+7.2%), from €18,446 to €19,766
- Financial income -€941
down €941 (-45.2%), from €2,083 to €1,142
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 | €240,008 | €190,503 | -€49,504 | -20.6% |
| Fixed assets | 21/28 | €89,656 | €83,771 | -€5,885 | -6.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €89,656 | €83,771 | -€5,885 | -6.6% |
| Land and buildings | 22 | €86,025 | €69,559 | -€16,466 | -19.1% |
| Plant, machinery and equipment | 23 | €613 | €135 | -€478 | -78.0% |
| Furniture and vehicles | 24 | €3,019 | €14,077 | +€11,058 | +366.3% |
| Current assets | 29/58 | €150,351 | €106,732 | -€43,619 | -29.0% |
| Amounts receivable within one year | 40/41 | €32,271 | €25,581 | -€6,689 | -20.7% |
| Trade receivables | 40 | €15,731 | - | -€15,731 | |
| Other amounts receivable | 41 | €16,540 | €25,581 | +€9,041 | +54.7% |
| Current investments | 50/53 | €280 | €280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €114,933 | €79,085 | -€35,848 | -31.2% |
| Deferred charges and accrued income | 490/1 | €2,868 | €1,786 | -€1,081 | -37.7% |
| Total equity and liabilities | 10/49 | €240,008 | €190,503 | -€49,504 | -20.6% |
| Equity | 10/15 | €218,708 | €185,377 | -€33,330 | -15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,108 | €166,777 | -€33,330 | -16.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,248 | €164,917 | -€33,330 | -16.8% |
| Amounts payable | 17/49 | €21,300 | €5,126 | -€16,174 | -75.9% |
| Amounts payable after more than one year | 17 | €17,700 | - | -€17,700 | |
| Financial debts | 170/4 | €17,700 | - | -€17,700 | |
| Amounts payable within one year | 42/48 | €3,600 | €5,126 | +€1,526 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €3,600 | €3,028 | -€572 | -15.9% |
| Trade debts | 44 | - | €2,099 | +€2,099 | |
| Suppliers | 440/4 | - | €2,099 | +€2,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,446 | €19,766 | +€1,320 | +7.2% |
| Other operating charges | 640/8 | €3,271 | €3,240 | -€30 | -0.9% |
| Gross operating margin | 9900 | €56,377 | €20,294 | -€36,083 | -64.0% |
| Operating profit (loss) | 9901 | €34,660 | -€2,713 | -€37,373 | |
| Financial income | 75/76B | €2,083 | €1,142 | -€941 | -45.2% |
| Recurring financial income | 75 | €2,083 | €1,142 | -€941 | -45.2% |
| Financial charges | 65/66B | €1,873 | €1,540 | -€333 | -17.8% |
| Recurring financial charges | 65 | €1,873 | €1,540 | -€333 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €34,870 | -€3,110 | -€37,981 | |
| Income taxes | 67/77 | €10,591 | €698 | -€9,893 | -93.4% |
| Profit (loss) for the period | 9904 | €24,279 | -€3,808 | -€28,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,279 | -€3,808 | -€28,087 |
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 3 October 2026 via checked.be.