LINETEC: 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.
LINETEC
Largest movements
- Cash +€81,612
up €81,612 (+55.4%), from €147,340 to €228,953
mainly Net result for the year (+€61,043) and Other debts (+€23,583)
- Tangible fixed assets -€22,986
down €22,986 (-91.1%), from €25,228 to €2,242
of which Land and buildings: -€20,000
- Deferred charges and accrued income +€3,425
up €3,425 (+37.4%), from €9,170 to €12,595
- Profit (loss) carried forward +€39,452
up €39,452, from -€39,452 to €0
- Other debts +€23,583
up €23,583 (+44.4%), from €53,112 to €76,695
- Accrued charges and deferred income +€3,775
up €3,775 (+81.7%), from €4,619 to €8,394
- Trade debts -€3,666
down €3,666 (-22.8%), from €16,052 to €12,387
- Staff costs -€61,789
down €61,789 (-73.0%), from €84,651 to €22,862
- Gross operating margin +€53,179
up €53,179 (+68.1%), from €78,119 to €131,298
- Taxes +€14,245
up €14,245 (+9,222%), from €154 to €14,399
- Write-downs +€3,303
new in 2025: €3,303
- Other operating charges -€2,112
down €2,112 (-59.4%), from €3,557 to €1,445
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 | €257,263 | €319,232 | +€61,969 | +24.1% |
| Fixed assets | 21/28 | €25,248 | €2,262 | -€22,986 | -91.0% |
| Tangible fixed assets | 22/27 | €25,228 | €2,242 | -€22,986 | -91.1% |
| Land and buildings | 22 | €20,000 | €0 | -€20,000 | -100% |
| Plant, machinery and equipment | 23 | €2,323 | €1,285 | -€1,038 | -44.7% |
| Furniture and vehicles | 24 | €2,905 | €956 | -€1,948 | -67.1% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €232,015 | €316,970 | +€84,956 | +36.6% |
| Stocks and contracts in progress | 3 | €3,426 | €5,117 | +€1,691 | +49.3% |
| Stocks | 30/36 | €3,426 | €5,117 | +€1,691 | +49.3% |
| Amounts receivable within one year | 40/41 | €72,078 | €70,306 | -€1,773 | -2.5% |
| Trade receivables | 40 | €54,530 | €54,696 | +€166 | +0.3% |
| Other amounts receivable | 41 | €17,548 | €15,609 | -€1,939 | -11.0% |
| Cash at bank and in hand | 54/58 | €147,340 | €228,953 | +€81,612 | +55.4% |
| Deferred charges and accrued income | 490/1 | €9,170 | €12,595 | +€3,425 | +37.4% |
| Total equity and liabilities | 10/49 | €257,263 | €319,232 | +€61,969 | +24.1% |
| Equity | 10/15 | €168,310 | €206,290 | +€37,980 | +22.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €187,762 | €186,290 | -€1,472 | -0.8% |
| Distributable reserves | 133 | €187,762 | €186,290 | -€1,472 | -0.8% |
| Profit (loss) carried forward | 14 | -€39,452 | €0 | +€39,452 | |
| Amounts payable | 17/49 | €88,953 | €112,942 | +€23,989 | +27.0% |
| Amounts payable within one year | 42/48 | €84,334 | €104,548 | +€20,214 | +24.0% |
| Trade debts | 44 | €16,052 | €12,387 | -€3,666 | -22.8% |
| Suppliers | 440/4 | €16,052 | €12,387 | -€3,666 | -22.8% |
| Taxes, remuneration and social security | 45 | €15,170 | €15,466 | +€296 | +2.0% |
| Taxes | 450/3 | €8,569 | €15,246 | +€6,676 | +77.9% |
| Remuneration and social security | 454/9 | €6,600 | €221 | -€6,380 | -96.7% |
| Other amounts payable | 47/48 | €53,112 | €76,695 | +€23,583 | +44.4% |
| Accrued charges and deferred income | 492/3 | €4,619 | €8,394 | +€3,775 | +81.7% |
| Remuneration, social security and pensions | 62 | €84,651 | €22,862 | -€61,789 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,628 | €22,908 | -€1,720 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,303 | +€3,303 | |
| Other operating charges | 640/8 | €3,557 | €1,445 | -€2,112 | -59.4% |
| Non-recurring operating charges | 66A | - | €78 | +€78 | |
| Gross operating margin | 9900 | €78,119 | €131,298 | +€53,179 | +68.1% |
| Operating profit (loss) | 9901 | -€34,718 | €80,701 | +€115,420 | |
| Financial income | 75/76B | €0 | €908 | +€907 | +197,196% |
| Recurring financial income | 75 | €0 | €908 | +€907 | +197,196% |
| Financial charges | 65/66B | €4,580 | €6,167 | +€1,587 | +34.6% |
| Recurring financial charges | 65 | €4,580 | €6,167 | +€1,587 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,298 | €75,442 | +€114,740 | |
| Income taxes | 67/77 | €154 | €14,399 | +€14,245 | +9,222% |
| Profit (loss) for the period | 9904 | -€39,452 | €61,043 | +€100,495 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,452 | €61,043 | +€100,495 |
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 13 October 2026 via checked.be.