Ling: 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.
Ling
Largest movements
- Cash +€1,230
new in 2025: €1,230
mainly Net result for the year (+€12,616) and Depreciation (+€3,178)
- Receivables within one year +€1,223
up €1,223 (+1,330%), from €92 to €1,315
of which Trade receivables: +€1,210
- Tangible fixed assets -€166
down €166 (-1.3%), from €12,999 to €12,833
of which Plant, machinery and equipment: -€1,713
- Profit (loss) carried forward +€12,616
up €12,616 (+18.4%), from -€68,709 to -€56,093
- Debts after one year -€7,287
down €7,287 (-29.4%), from €24,771 to €17,485
- Short-term financial debts -€4,801
no longer reported in 2025 (was €4,801)
- Other debts +€1,128
up €1,128 (+4.0%), from €28,046 to €29,174
- Accrued charges and deferred income +€558
new in 2025: €558
- Gross operating margin +€13,939
up €13,939 (+410%), from €3,401 to €17,340
- Other operating charges +€685
new in 2025: €685
- Financial income +€521
up €521 (+9,882%), from €5 to €526
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 | €13,091 | €15,378 | +€2,287 | +17.5% |
| Fixed assets | 21/28 | €12,999 | €12,833 | -€166 | -1.3% |
| Tangible fixed assets | 22/27 | €12,999 | €12,833 | -€166 | -1.3% |
| Plant, machinery and equipment | 23 | €10,337 | €8,624 | -€1,713 | -16.6% |
| Leasing and similar rights | 25 | €1,912 | €3,459 | +€1,547 | +80.9% |
| Other tangible fixed assets | 26 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €92 | €2,545 | +€2,453 | +2,668% |
| Amounts receivable within one year | 40/41 | €92 | €1,315 | +€1,223 | +1,330% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €92 | €105 | +€13 | +14.4% |
| Cash at bank and in hand | 54/58 | - | €1,230 | +€1,230 | |
| Total equity and liabilities | 10/49 | €13,091 | €15,378 | +€2,287 | +17.5% |
| Equity | 10/15 | -€46,709 | -€34,093 | +€12,616 | +27.0% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,709 | -€56,093 | +€12,616 | +18.4% |
| Amounts payable | 17/49 | €59,800 | €49,471 | -€10,329 | -17.3% |
| Amounts payable after more than one year | 17 | €24,771 | €17,485 | -€7,287 | -29.4% |
| Financial debts | 170/4 | €24,771 | €17,485 | -€7,287 | -29.4% |
| Amounts payable within one year | 42/48 | €35,028 | €31,429 | -€3,600 | -10.3% |
| Financial debts | 43 | €4,801 | - | -€4,801 | |
| Credit institutions | 430/8 | €4,801 | - | -€4,801 | |
| Trade debts | 44 | €292 | - | -€292 | |
| Suppliers | 440/4 | €60 | - | -€60 | |
| Bills of exchange payable | 441 | €231 | - | -€231 | |
| Taxes, remuneration and social security | 45 | €1,889 | €2,254 | +€365 | +19.3% |
| Taxes | 450/3 | €1,889 | €2,254 | +€365 | +19.3% |
| Other amounts payable | 47/48 | €28,046 | €29,174 | +€1,128 | +4.0% |
| Accrued charges and deferred income | 492/3 | - | €558 | +€558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,178 | €3,178 | = | 0.0% |
| Other operating charges | 640/8 | - | €685 | +€685 | |
| Non-recurring operating charges | 66A | €394 | - | -€394 | |
| Gross operating margin | 9900 | €3,401 | €17,340 | +€13,939 | +410% |
| Operating profit (loss) | 9901 | -€171 | €13,477 | +€13,648 | |
| Financial income | 75/76B | €5 | €526 | +€521 | +9,882% |
| Recurring financial income | 75 | €5 | €526 | +€521 | +9,882% |
| Financial charges | 65/66B | €1,557 | €1,387 | -€170 | -10.9% |
| Recurring financial charges | 65 | €1,557 | €1,387 | -€170 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,722 | €12,616 | +€14,338 | |
| Profit (loss) for the period | 9904 | -€1,722 | €12,616 | +€14,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,722 | €12,616 | +€14,338 |
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.