LINEAIR: 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.
LINEAIR
Largest movements
- Cash +€20,140
up €20,140 (+40.7%), from €49,456 to €69,597
mainly Stocks and contracts (+€12,510) and Net result for the year (+€10,376)
- Stocks and contracts -€12,510
down €12,510 (-47.6%), from €26,260 to €13,750
- Tangible fixed assets -€2,667
down €2,667 (-30.5%), from €8,732 to €6,065
of which Plant, machinery and equipment: -€3,071
- Other debts -€13,981
down €13,981 (-31.8%), from €44,030 to €30,049
- Profit (loss) carried forward +€10,376
up €10,376 (+63.0%), from -€16,460 to -€6,084
- Tax, wage and social debts +€7,736
up €7,736 (+45.4%), from €17,041 to €24,777
of which Remuneration and social security: +€6,000
- Gross operating margin +€10,248
up €10,248 (+162%), from €6,312 to €16,560
- Taxes +€543
up €543 (+19.6%), from €2,763 to €3,306
- Financial charges -€175
down €175 (-42.4%), from €414 to €239
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 | €139,084 | €143,970 | +€4,886 | +3.5% |
| Fixed assets | 21/28 | €12,111 | €9,444 | -€2,667 | -22.0% |
| Tangible fixed assets | 22/27 | €8,732 | €6,065 | -€2,667 | -30.5% |
| Land and buildings | 22 | - | €531 | +€531 | |
| Plant, machinery and equipment | 23 | €8,605 | €5,534 | -€3,071 | -35.7% |
| Furniture and vehicles | 24 | €127 | - | -€127 | |
| Financial fixed assets | 28 | €3,379 | €3,379 | = | 0.0% |
| Current assets | 29/58 | €126,973 | €134,526 | +€7,553 | +5.9% |
| Stocks and contracts in progress | 3 | €26,260 | €13,750 | -€12,510 | -47.6% |
| Stocks | 30/36 | €26,260 | €13,750 | -€12,510 | -47.6% |
| Amounts receivable within one year | 40/41 | €51,104 | €51,023 | -€82 | -0.2% |
| Trade receivables | 40 | €51,096 | €43,265 | -€7,831 | -15.3% |
| Other amounts receivable | 41 | €8 | €7,758 | +€7,750 | +97,235% |
| Cash at bank and in hand | 54/58 | €49,456 | €69,597 | +€20,140 | +40.7% |
| Deferred charges and accrued income | 490/1 | €152 | €156 | +€5 | +3.0% |
| Total equity and liabilities | 10/49 | €139,084 | €143,970 | +€4,886 | +3.5% |
| Equity | 10/15 | €62,273 | €72,649 | +€10,376 | +16.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,733 | €16,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €10,533 | €10,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,460 | -€6,084 | +€10,376 | +63.0% |
| Amounts payable | 17/49 | €76,811 | €71,321 | -€5,490 | -7.1% |
| Amounts payable within one year | 42/48 | €76,811 | €71,321 | -€5,490 | -7.1% |
| Trade debts | 44 | €15,739 | €16,495 | +€756 | +4.8% |
| Suppliers | 440/4 | €15,739 | €16,495 | +€756 | +4.8% |
| Taxes, remuneration and social security | 45 | €17,041 | €24,777 | +€7,736 | +45.4% |
| Taxes | 450/3 | €10,041 | €11,777 | +€1,736 | +17.3% |
| Remuneration and social security | 454/9 | €7,000 | €13,000 | +€6,000 | +85.7% |
| Other amounts payable | 47/48 | €44,030 | €30,049 | -€13,981 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,720 | €2,667 | -€53 | -1.9% |
| Other operating charges | 640/8 | €80 | €128 | +€48 | +60.0% |
| Gross operating margin | 9900 | €6,312 | €16,560 | +€10,248 | +162% |
| Operating profit (loss) | 9901 | €3,512 | €13,765 | +€10,253 | +292% |
| Financial income | 75/76B | €55 | €156 | +€101 | +185% |
| Recurring financial income | 75 | €55 | €156 | +€101 | +185% |
| Financial charges | 65/66B | €414 | €239 | -€175 | -42.4% |
| Recurring financial charges | 65 | €414 | €239 | -€175 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €3,153 | €13,682 | +€10,529 | +334% |
| Income taxes | 67/77 | €2,763 | €3,306 | +€543 | +19.6% |
| Profit (loss) for the period | 9904 | €389 | €10,376 | +€9,987 | +2,566% |
| Profit (loss) for the period to be appropriated | 9905 | €389 | €10,376 | +€9,987 | +2,566% |
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 23 October 2026 via checked.be.