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 -€12,505
down €12,505 (-76.8%), from €16,290 to €3,785
mainly Other debts (-€12,000) and Tax, wage and social debts (-€9,141)
- Receivables within one year -€7,512
down €7,512 (-31.8%), from €23,622 to €16,109
of which Other amounts receivable: -€6,633
- Tangible fixed assets -€2,387
down €2,387 (-37.1%), from €6,433 to €4,046
of which Furniture and vehicles: -€2,387
- Deferred charges and accrued income +€920
up €920 (+381.9%), from €241 to €1,161
- Other debts -€12,000
down €12,000 (-100.0%), from €12,000 to €0
- Tax, wage and social debts -€9,141
down €9,141 (-55.4%), from €16,502 to €7,361
- Reserves +€4,129
up €4,129 (+8.5%), from €48,594 to €52,723
- Trade debts -€3,410
down €3,410 (-60.0%), from €5,687 to €2,277
- Accrued charges and deferred income -€1,061
down €1,061 (-57.9%), from €1,833 to €772
- Gross operating margin -€10,316
down €10,316 (-35.8%), from €28,790 to €18,474
- Financial charges +€1,706
up €1,706 (+124.2%), from €1,374 to €3,080
- Taxes +€1,160
up €1,160 (+45.7%), from €2,539 to €3,699
- Other operating charges -€1,000
down €1,000 (-22.0%), from €4,538 to €3,538
- Financial income +€619
up €619 (+35.9%), from €1,725 to €2,344
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 | €85,345 | €63,862 | -€21,483 | -25.2% |
| Fixed assets | 21/28 | €6,433 | €4,046 | -€2,387 | -37.1% |
| Tangible fixed assets | 22/27 | €6,433 | €4,046 | -€2,387 | -37.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,433 | €4,046 | -€2,387 | -37.1% |
| Current assets | 29/58 | €78,912 | €59,816 | -€19,096 | -24.2% |
| Amounts receivable after more than one year | 29 | €38,760 | €38,760 | = | 0.0% |
| Other amounts receivable | 291 | €38,760 | €38,760 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,622 | €16,109 | -€7,512 | -31.8% |
| Trade receivables | 40 | €6,569 | €5,689 | -€880 | -13.4% |
| Other amounts receivable | 41 | €17,053 | €10,420 | -€6,633 | -38.9% |
| Cash at bank and in hand | 54/58 | €16,290 | €3,785 | -€12,505 | -76.8% |
| Deferred charges and accrued income | 490/1 | €241 | €1,161 | +€920 | +381.9% |
| Total equity and liabilities | 10/49 | €85,345 | €63,862 | -€21,483 | -25.2% |
| Equity | 10/15 | €49,322 | €53,451 | +€4,129 | +8.4% |
| Contributions | 10/11 | €728 | €728 | = | 0.0% |
| Reserves | 13 | €48,594 | €52,723 | +€4,129 | +8.5% |
| Distributable reserves | 133 | €48,594 | €52,723 | +€4,129 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,023 | €10,411 | -€25,612 | -71.1% |
| Amounts payable within one year | 42/48 | €34,189 | €9,638 | -€24,551 | -71.8% |
| Trade debts | 44 | €5,687 | €2,277 | -€3,410 | -60.0% |
| Suppliers | 440/4 | €5,687 | €2,277 | -€3,410 | -60.0% |
| Taxes, remuneration and social security | 45 | €16,502 | €7,361 | -€9,141 | -55.4% |
| Taxes | 450/3 | €16,502 | €7,361 | -€9,141 | -55.4% |
| Other amounts payable | 47/48 | €12,000 | €0 | -€12,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,833 | €772 | -€1,061 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,387 | €6,372 | -€14 | -0.2% |
| Other operating charges | 640/8 | €4,538 | €3,538 | -€1,000 | -22.0% |
| Gross operating margin | 9900 | €28,790 | €18,474 | -€10,316 | -35.8% |
| Operating profit (loss) | 9901 | €17,865 | €8,563 | -€9,302 | -52.1% |
| Financial income | 75/76B | €1,725 | €2,344 | +€619 | +35.9% |
| Recurring financial income | 75 | €1,725 | €2,344 | +€619 | +35.9% |
| Financial charges | 65/66B | €1,374 | €3,080 | +€1,706 | +124.2% |
| Recurring financial charges | 65 | €1,374 | €3,080 | +€1,706 | +124.2% |
| Profit (loss) for the period before taxes | 9903 | €18,216 | €7,828 | -€10,389 | -57.0% |
| Income taxes | 67/77 | €2,539 | €3,699 | +€1,160 | +45.7% |
| Profit (loss) for the period | 9904 | €15,678 | €4,129 | -€11,549 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,678 | €4,129 | -€11,549 | -73.7% |
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 12 October 2026 via checked.be.