LINEST: 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.
LINEST
Largest movements
- Receivables within one year -€198,690
down €198,690 (-90.9%), from €218,616 to €19,926
of which Trade receivables: -€204,000
- Cash +€94,313
up €94,313 (+79.8%), from €118,185 to €212,498
mainly Net result for the year (+€215,077) and Receivables within one year (+€198,690)
- Current investments -€22,927
down €22,927 (-16.9%), from €135,949 to €113,021
- Other debts -€172,000
down €172,000 (-46.2%), from €372,000 to €200,000
- Tax, wage and social debts +€51,263
up €51,263 (+620.8%), from €8,257 to €59,519
- Current portion of long-term debt -€28,836
no longer reported in 2025 (was €28,836)
- Profit (loss) carried forward +€15,077
up €15,077 (+102.4%), from €14,719 to €29,796
- Debts after one year +€8,843
up €8,843 (+2.7%), from €325,345 to €334,188
- Financial income -€17,317
down €17,317 (-86.5%), from €20,020 to €2,703
- Gross operating margin +€15,443
up €15,443 (+5.1%), from €303,765 to €319,208
- Taxes +€11,748
up €11,748 (+15.5%), from €75,809 to €87,557
- Other operating charges -€5,985
down €5,985 (-75.8%), from €7,898 to €1,913
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 | €769,396 | €644,457 | -€124,939 | -16.2% |
| Fixed assets | 21/28 | €288,974 | €291,030 | +€2,056 | +0.7% |
| Tangible fixed assets | 22/27 | €12,974 | €15,030 | +€2,056 | +15.8% |
| Furniture and vehicles | 24 | €12,974 | €15,030 | +€2,056 | +15.8% |
| Financial fixed assets | 28 | €276,000 | €276,000 | = | 0.0% |
| Current assets | 29/58 | €480,422 | €353,427 | -€126,995 | -26.4% |
| Amounts receivable within one year | 40/41 | €218,616 | €19,926 | -€198,690 | -90.9% |
| Trade receivables | 40 | €205,815 | €1,815 | -€204,000 | -99.1% |
| Other amounts receivable | 41 | €12,801 | €18,111 | +€5,310 | +41.5% |
| Current investments | 50/53 | €135,949 | €113,021 | -€22,927 | -16.9% |
| Cash at bank and in hand | 54/58 | €118,185 | €212,498 | +€94,313 | +79.8% |
| Deferred charges and accrued income | 490/1 | €7,672 | €7,982 | +€309 | +4.0% |
| Total equity and liabilities | 10/49 | €769,396 | €644,457 | -€124,939 | -16.2% |
| Equity | 10/15 | €33,319 | €48,396 | +€15,077 | +45.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,719 | €29,796 | +€15,077 | +102.4% |
| Amounts payable | 17/49 | €736,077 | €596,061 | -€140,015 | -19.0% |
| Amounts payable after more than one year | 17 | €325,345 | €334,188 | +€8,843 | +2.7% |
| Other amounts payable | 178/9 | €325,345 | €334,188 | +€8,843 | +2.7% |
| Amounts payable within one year | 42/48 | €410,731 | €261,873 | -€148,858 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €28,836 | - | -€28,836 | |
| Trade debts | 44 | €1,638 | €2,354 | +€715 | +43.7% |
| Suppliers | 440/4 | €1,638 | €2,354 | +€715 | +43.7% |
| Taxes, remuneration and social security | 45 | €8,257 | €59,519 | +€51,263 | +620.8% |
| Taxes | 450/3 | €8,257 | €59,519 | +€51,263 | +620.8% |
| Other amounts payable | 47/48 | €372,000 | €200,000 | -€172,000 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,139 | €6,874 | +€736 | +12.0% |
| Other operating charges | 640/8 | €7,898 | €1,913 | -€5,985 | -75.8% |
| Gross operating margin | 9900 | €303,765 | €319,208 | +€15,443 | +5.1% |
| Operating profit (loss) | 9901 | €289,728 | €310,420 | +€20,692 | +7.1% |
| Financial income | 75/76B | €20,020 | €2,703 | -€17,317 | -86.5% |
| Recurring financial income | 75 | €20,020 | €2,703 | -€17,317 | -86.5% |
| Financial charges | 65/66B | €10,115 | €10,490 | +€375 | +3.7% |
| Recurring financial charges | 65 | €10,115 | €10,490 | +€375 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €299,634 | €302,634 | +€3,000 | +1.0% |
| Income taxes | 67/77 | €75,809 | €87,557 | +€11,748 | +15.5% |
| Profit (loss) for the period | 9904 | €223,825 | €215,077 | -€8,748 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €223,825 | €215,077 | -€8,748 | -3.9% |
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 3 October 2026 via checked.be.