LINEARS: 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.
LINEARS
Largest movements
- Cash +€9,264
up €9,264 (+4.0%), from €228,839 to €238,104
mainly Depreciation (+€9,091) and Other debts (+€8,313)
- Receivables within one year -€7,708
down €7,708 (-43.7%), from €17,630 to €9,922
- Tangible fixed assets -€4,287
down €4,287 (-24.5%), from €17,499 to €13,212
of which Furniture and vehicles: -€7,899
- Reserves -€11,699
down €11,699 (-9.3%), from €125,182 to €113,483
- Tax, wage and social debts -€10,731
down €10,731 (-73.2%), from €14,662 to €3,932
- Other debts +€8,313
up €8,313 (+27.9%), from €29,822 to €38,135
- Trade debts +€7,726
up €7,726 (+654.1%), from €1,181 to €8,907
- Provisions +€5,378
up €5,378 (+7.2%), from €75,034 to €80,412
- Gross operating margin +€7,371
up €7,371 (+38.3%), from €19,266 to €26,637
- Other operating charges +€6,950
up €6,950 (+384.0%), from €1,810 to €8,759
- Depreciation +€497
up €497 (+5.8%), from €8,594 to €9,091
- Taxes -€409
down €409 (-12.9%), from €3,180 to €2,771
- Financial charges +€298
up €298 (+6.2%), from €4,816 to €5,113
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 | €265,617 | €263,468 | -€2,149 | -0.8% |
| Fixed assets | 21/28 | €17,584 | €13,297 | -€4,287 | -24.4% |
| Tangible fixed assets | 22/27 | €17,499 | €13,212 | -€4,287 | -24.5% |
| Land and buildings | 22 | - | €3,396 | +€3,396 | |
| Plant, machinery and equipment | 23 | €683 | €899 | +€216 | +31.7% |
| Furniture and vehicles | 24 | €16,816 | €8,917 | -€7,899 | -47.0% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €248,033 | €250,171 | +€2,138 | +0.9% |
| Amounts receivable within one year | 40/41 | €17,630 | €9,922 | -€7,708 | -43.7% |
| Trade receivables | 40 | €17,630 | €9,922 | -€7,708 | -43.7% |
| Cash at bank and in hand | 54/58 | €228,839 | €238,104 | +€9,264 | +4.0% |
| Deferred charges and accrued income | 490/1 | €1,565 | €2,146 | +€581 | +37.1% |
| Total equity and liabilities | 10/49 | €265,617 | €263,468 | -€2,149 | -0.8% |
| Equity | 10/15 | €143,782 | €132,083 | -€11,699 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,182 | €113,483 | -€11,699 | -9.3% |
| Distributable reserves | 133 | €125,182 | €113,483 | -€11,699 | -9.3% |
| Provisions and deferred taxes | 16 | €75,034 | €80,412 | +€5,378 | +7.2% |
| Provisions for liabilities and charges | 160/5 | €75,034 | €80,412 | +€5,378 | +7.2% |
| Other liabilities and charges | 164/5 | €75,034 | €80,412 | +€5,378 | +7.2% |
| Amounts payable | 17/49 | €46,802 | €50,973 | +€4,172 | +8.9% |
| Amounts payable within one year | 42/48 | €46,802 | €50,973 | +€4,172 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €1,136 | - | -€1,136 | |
| Trade debts | 44 | €1,181 | €8,907 | +€7,726 | +654.1% |
| Suppliers | 440/4 | €1,181 | €8,907 | +€7,726 | +654.1% |
| Taxes, remuneration and social security | 45 | €14,662 | €3,932 | -€10,731 | -73.2% |
| Taxes | 450/3 | €14,662 | €3,932 | -€10,731 | -73.2% |
| Other amounts payable | 47/48 | €29,822 | €38,135 | +€8,313 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,594 | €9,091 | +€497 | +5.8% |
| Other operating charges | 640/8 | €1,810 | €8,759 | +€6,950 | +384.0% |
| Non-recurring operating charges | 66A | €422 | €494 | +€71 | +16.9% |
| Gross operating margin | 9900 | €19,266 | €26,637 | +€7,371 | +38.3% |
| Operating profit (loss) | 9901 | €8,441 | €8,293 | -€147 | -1.7% |
| Financial income | 75/76B | €36 | €1 | -€35 | -97.6% |
| Recurring financial income | 75 | €36 | €1 | -€35 | -97.6% |
| Financial charges | 65/66B | €4,816 | €5,113 | +€298 | +6.2% |
| Recurring financial charges | 65 | €4,816 | €5,113 | +€298 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €3,661 | €3,181 | -€480 | -13.1% |
| Income taxes | 67/77 | €3,180 | €2,771 | -€409 | -12.9% |
| Profit (loss) for the period | 9904 | €481 | €410 | -€71 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €481 | €410 | -€71 | -14.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.