LINFIN Management: 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.
LINFIN Management
Largest movements
- Cash +€129,523
up €129,523 (+515%), from €25,170 to €154,693
mainly Net result for the year (+€774,659) and Other debts (+€414,518)
- Receivables within one year -€120,844
down €120,844 (-17.9%), from €676,276 to €555,432
- Profit (loss) carried forward -€597,950
down €597,950 (-100%), from €597,950 to €0
- Other debts +€414,518
up €414,518 (+46.9%), from €884,500 to €1.3m
- Tax, wage and social debts +€129,053
up €129,053 (+165%), from €78,021 to €207,074
- Short-term financial debts +€67,083
new in 2025: €67,083
- Gross operating margin +€444,539
up €444,539 (+258%), from €172,397 to €616,936
- Financial income -€123,864
down €123,864 (-27.3%), from €454,241 to €330,377
- Taxes +€109,491
up €109,491 (+238%), from €45,986 to €155,478
- Financial charges -€10,586
down €10,586 (-73.1%), from €14,486 to €3,900
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 | €1,624,626 | €1,624,587 | -€39 | 0.0% |
| Fixed assets | 21/28 | €923,180 | €910,832 | -€12,348 | -1.3% |
| Tangible fixed assets | 22/27 | €49,730 | €37,382 | -€12,348 | -24.8% |
| Furniture and vehicles | 24 | €49,730 | €37,382 | -€12,348 | -24.8% |
| Financial fixed assets | 28 | €873,450 | €873,450 | = | 0.0% |
| Current assets | 29/58 | €701,446 | €713,755 | +€12,310 | +1.8% |
| Amounts receivable within one year | 40/41 | €676,276 | €555,432 | -€120,844 | -17.9% |
| Other amounts receivable | 41 | €676,276 | €555,432 | -€120,844 | -17.9% |
| Cash at bank and in hand | 54/58 | €25,170 | €154,693 | +€129,523 | +515% |
| Deferred charges and accrued income | 490/1 | - | €3,630 | +€3,630 | |
| Total equity and liabilities | 10/49 | €1,624,626 | €1,624,587 | -€39 | 0.0% |
| Equity | 10/15 | €616,550 | €18,600 | -€597,950 | -97.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €597,950 | €0 | -€597,950 | -100% |
| Amounts payable | 17/49 | €1,008,076 | €1,605,987 | +€597,912 | +59.3% |
| Amounts payable after more than one year | 17 | €27,507 | €14,566 | -€12,942 | -47.0% |
| Financial debts | 170/4 | €27,507 | €14,566 | -€12,942 | -47.0% |
| Amounts payable within one year | 42/48 | €978,368 | €1,588,397 | +€610,028 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | €12,476 | €12,942 | +€466 | +3.7% |
| Financial debts | 43 | - | €67,083 | +€67,083 | |
| Credit institutions | 430/8 | - | €67,083 | +€67,083 | |
| Trade debts | 44 | €3,371 | €2,279 | -€1,092 | -32.4% |
| Suppliers | 440/4 | €3,371 | €2,279 | -€1,092 | -32.4% |
| Taxes, remuneration and social security | 45 | €78,021 | €207,074 | +€129,053 | +165% |
| Taxes | 450/3 | €78,021 | €207,074 | +€129,053 | +165% |
| Other amounts payable | 47/48 | €884,500 | €1,299,018 | +€414,518 | +46.9% |
| Accrued charges and deferred income | 492/3 | €2,200 | €3,025 | +€825 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,436 | €12,348 | -€87 | -0.7% |
| Other operating charges | 640/8 | €5,542 | €928 | -€4,613 | -83.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €172,397 | €616,936 | +€444,539 | +258% |
| Operating profit (loss) | 9901 | €154,420 | €603,660 | +€449,240 | +291% |
| Financial income | 75/76B | €454,241 | €330,377 | -€123,864 | -27.3% |
| Recurring financial income | 75 | €454,241 | €330,377 | -€123,864 | -27.3% |
| Financial charges | 65/66B | €14,486 | €3,900 | -€10,586 | -73.1% |
| Recurring financial charges | 65 | €14,486 | €3,900 | -€10,586 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | €594,175 | €930,137 | +€335,962 | +56.5% |
| Income taxes | 67/77 | €45,986 | €155,478 | +€109,491 | +238% |
| Profit (loss) for the period | 9904 | €548,189 | €774,659 | +€226,471 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €548,189 | €774,659 | +€226,471 | +41.3% |
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 14 October 2026 via checked.be.