LINET: 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.
LINET
Largest movements
- Deferred charges and accrued income +€6,084
up €6,084 (+39.9%), from €15,247 to €21,332
- Tangible fixed assets -€4,758
down €4,758 (-33.6%), from €14,153 to €9,396
- Current investments +€4,000
up €4,000 (+11.1%), from €36,000 to €40,000
- Receivables within one year -€1,237
down €1,237 (-57.4%), from €2,156 to €919
of which Other amounts receivable: -€1,237
- Cash +€1,095
up €1,095 (+3.8%), from €28,826 to €29,921
mainly Net result for the year (+€8,176) and Depreciation (+€4,758)
- Reserves +€8,176
up €8,176 (+27.2%), from €30,106 to €38,282
- Short-term financial debts -€2,171
down €2,171 (-97.9%), from €2,218 to €47
- Trade debts -€1,679
down €1,679 (-57.5%), from €2,918 to €1,239
- Gross operating margin +€17,359
up €17,359, from -€1,174 to €16,185
- Taxes +€3,124
up €3,124 (+2103.8%), from €148 to €3,272
- Depreciation -€393
down €393 (-7.6%), from €5,150 to €4,758
- Financial income +€230
new in 2025: €230
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 | €97,792 | €102,977 | +€5,185 | +5.3% |
| Fixed assets | 21/28 | €15,563 | €10,806 | -€4,758 | -30.6% |
| Tangible fixed assets | 22/27 | €14,153 | €9,396 | -€4,758 | -33.6% |
| Furniture and vehicles | 24 | €14,153 | €9,396 | -€4,758 | -33.6% |
| Financial fixed assets | 28 | €1,410 | €1,410 | = | 0.0% |
| Current assets | 29/58 | €82,228 | €92,171 | +€9,943 | +12.1% |
| Amounts receivable within one year | 40/41 | €2,156 | €919 | -€1,237 | -57.4% |
| Trade receivables | 40 | €304 | €304 | = | 0.0% |
| Other amounts receivable | 41 | €1,852 | €615 | -€1,237 | -66.8% |
| Current investments | 50/53 | €36,000 | €40,000 | +€4,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €28,826 | €29,921 | +€1,095 | +3.8% |
| Deferred charges and accrued income | 490/1 | €15,247 | €21,332 | +€6,084 | +39.9% |
| Total equity and liabilities | 10/49 | €97,792 | €102,977 | +€5,185 | +5.3% |
| Equity | 10/15 | €91,187 | €99,363 | +€8,176 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,106 | €38,282 | +€8,176 | +27.2% |
| Distributable reserves | 133 | €30,106 | €38,282 | +€8,176 | +27.2% |
| Profit (loss) carried forward | 14 | €54,882 | €54,882 | = | 0.0% |
| Amounts payable | 17/49 | €6,604 | €3,614 | -€2,991 | -45.3% |
| Amounts payable within one year | 42/48 | €6,604 | €3,614 | -€2,991 | -45.3% |
| Financial debts | 43 | €2,218 | €47 | -€2,171 | -97.9% |
| Credit institutions | 430/8 | €2,218 | €47 | -€2,171 | -97.9% |
| Trade debts | 44 | €2,918 | €1,239 | -€1,679 | -57.5% |
| Suppliers | 440/4 | €2,918 | €1,239 | -€1,679 | -57.5% |
| Taxes, remuneration and social security | 45 | - | €818 | +€818 | |
| Taxes | 450/3 | - | €818 | +€818 | |
| Other amounts payable | 47/48 | €1,468 | €1,510 | +€42 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,150 | €4,758 | -€393 | -7.6% |
| Other operating charges | 640/8 | €292 | €194 | -€98 | -33.4% |
| Gross operating margin | 9900 | -€1,174 | €16,185 | +€17,359 | |
| Operating profit (loss) | 9901 | -€6,616 | €11,233 | +€17,850 | |
| Financial income | 75/76B | - | €230 | +€230 | |
| Recurring financial income | 75 | - | €230 | +€230 | |
| Financial charges | 65/66B | €110 | €15 | -€95 | -86.3% |
| Recurring financial charges | 65 | €110 | €15 | -€95 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,726 | €11,448 | +€18,174 | |
| Income taxes | 67/77 | €148 | €3,272 | +€3,124 | +2103.8% |
| Profit (loss) for the period | 9904 | -€6,874 | €8,176 | +€15,050 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,874 | €8,176 | +€15,050 |
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 4 October 2026 via checked.be.