LINGO: 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.
LINGO
Largest movements
- Current investments +€15,000
up €15,000 (+13.6%), from €110,000 to €125,000
- Reserves +€12,148
up €12,148 (+11.2%), from €108,377 to €120,524
- Other debts +€3,538
up €3,538 (+53.6%), from €6,599 to €10,137
- Gross operating margin -€82,548
down €82,548 (-83.8%), from €98,494 to €15,946
- Taxes -€19,823
down €19,823 (-78.8%), from €25,159 to €5,337
- Financial charges -€3,986
down €3,986 (-89.0%), from €4,481 to €495
- Financial income +€2,945
up €2,945 (+1160.5%), from €254 to €3,199
- Other operating charges -€1,671
down €1,671 (-74.2%), from €2,252 to €581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,257 | €194,177 | +€12,920 | +7.1% |
| Fixed assets | 21/28 | €2,573 | €1,989 | -€585 | -22.7% |
| Tangible fixed assets | 22/27 | €2,573 | €1,989 | -€585 | -22.7% |
| Land and buildings | 22 | €503 | €252 | -€252 | -50.0% |
| Plant, machinery and equipment | 23 | €2,070 | €1,737 | -€333 | -16.1% |
| Current assets | 29/58 | €178,684 | €192,188 | +€13,505 | +7.6% |
| Amounts receivable within one year | 40/41 | €16,562 | €14,966 | -€1,596 | -9.6% |
| Trade receivables | 40 | €16,546 | €14,966 | -€1,581 | -9.6% |
| Other amounts receivable | 41 | €16 | €0 | -€16 | -97.4% |
| Current investments | 50/53 | €110,000 | €125,000 | +€15,000 | +13.6% |
| Cash at bank and in hand | 54/58 | €52,121 | €52,222 | +€101 | +0.2% |
| Total equity and liabilities | 10/49 | €181,257 | €194,177 | +€12,920 | +7.1% |
| Equity | 10/15 | €164,162 | €176,309 | +€12,148 | +7.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €108,377 | €120,524 | +€12,148 | +11.2% |
| Distributable reserves | 133 | €108,377 | €120,524 | +€12,148 | +11.2% |
| Profit (loss) carried forward | 14 | €43,385 | €43,385 | = | 0.0% |
| Amounts payable | 17/49 | €17,096 | €17,868 | +€772 | +4.5% |
| Amounts payable within one year | 42/48 | €17,096 | €17,868 | +€772 | +4.5% |
| Trade debts | 44 | €2,430 | €1,333 | -€1,097 | -45.2% |
| Suppliers | 440/4 | €2,430 | €1,333 | -€1,097 | -45.2% |
| Taxes, remuneration and social security | 45 | €8,066 | €6,398 | -€1,668 | -20.7% |
| Taxes | 450/3 | €8,066 | €6,398 | -€1,668 | -20.7% |
| Other amounts payable | 47/48 | €6,599 | €10,137 | +€3,538 | +53.6% |
| Non-recurring operating income | 76A | €90,124 | - | -€90,124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €834 | €585 | -€249 | -29.9% |
| Other operating charges | 640/8 | €2,252 | €581 | -€1,671 | -74.2% |
| Gross operating margin | 9900 | €98,494 | €15,946 | -€82,548 | -83.8% |
| Operating profit (loss) | 9901 | €95,408 | €14,780 | -€80,627 | -84.5% |
| Financial income | 75/76B | €254 | €3,199 | +€2,945 | +1160.5% |
| Recurring financial income | 75 | €254 | €3,199 | +€2,945 | +1160.5% |
| Financial charges | 65/66B | €4,481 | €495 | -€3,986 | -89.0% |
| Recurring financial charges | 65 | €4,481 | €495 | -€3,986 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | €91,181 | €17,484 | -€73,697 | -80.8% |
| Income taxes | 67/77 | €25,159 | €5,337 | -€19,823 | -78.8% |
| Profit (loss) for the period | 9904 | €66,022 | €12,148 | -€53,874 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,022 | €12,148 | -€53,874 | -81.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.