Lingotech: 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.
Lingotech
Largest movements
- Cash -€65,349
down €65,349 (-93.9%), from €69,611 to €4,262
mainly Net result for the year (-€45,463) and Receivables within one year (-€12,027)
- Receivables within one year +€12,027
up €12,027 (+614.7%), from €1,956 to €13,983
of which Other amounts receivable: +€12,027
- Deferred charges and accrued income -€1,186
no longer reported in 2025 (was €1,186)
- Reserves -€45,463
down €45,463 (-80.6%), from €56,412 to €10,949
- Tax, wage and social debts -€6,727
down €6,727 (-49.1%), from €13,704 to €6,978
of which Taxes: -€5,167
- Trade debts -€1,949
down €1,949 (-96.1%), from €2,029 to €80
- Other debts -€833
no longer reported in 2025 (was €833)
- Gross operating margin -€71,771
down €71,771, from €26,477 to -€45,294
- Taxes -€5,586
down €5,586 (-93.7%), from €5,962 to €376
- Financial income +€1,264
up €1,264 (+583.2%), from €217 to €1,480
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 | €74,979 | €20,006 | -€54,972 | -73.3% |
| Fixed assets | 21/28 | €2,226 | €1,761 | -€464 | -20.9% |
| Tangible fixed assets | 22/27 | €2,226 | €1,761 | -€464 | -20.9% |
| Furniture and vehicles | 24 | €2,226 | €1,761 | -€464 | -20.9% |
| Current assets | 29/58 | €72,753 | €18,245 | -€54,508 | -74.9% |
| Amounts receivable within one year | 40/41 | €1,956 | €13,983 | +€12,027 | +614.7% |
| Trade receivables | 40 | €1,089 | €1,089 | = | 0.0% |
| Other amounts receivable | 41 | €867 | €12,894 | +€12,027 | +1386.4% |
| Cash at bank and in hand | 54/58 | €69,611 | €4,262 | -€65,349 | -93.9% |
| Deferred charges and accrued income | 490/1 | €1,186 | - | -€1,186 | |
| Total equity and liabilities | 10/49 | €74,979 | €20,006 | -€54,972 | -73.3% |
| Equity | 10/15 | €58,412 | €12,949 | -€45,463 | -77.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €56,412 | €10,949 | -€45,463 | -80.6% |
| Distributable reserves | 133 | €56,412 | €10,949 | -€45,463 | -80.6% |
| Amounts payable | 17/49 | €16,566 | €7,057 | -€9,509 | -57.4% |
| Amounts payable within one year | 42/48 | €16,566 | €7,057 | -€9,509 | -57.4% |
| Trade debts | 44 | €2,029 | €80 | -€1,949 | -96.1% |
| Suppliers | 440/4 | €2,029 | €80 | -€1,949 | -96.1% |
| Taxes, remuneration and social security | 45 | €13,704 | €6,978 | -€6,727 | -49.1% |
| Taxes | 450/3 | €11,494 | €6,328 | -€5,167 | -44.9% |
| Remuneration and social security | 454/9 | €2,210 | €650 | -€1,560 | -70.6% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96 | €464 | +€368 | +381.6% |
| Other operating charges | 640/8 | €1,099 | €654 | -€445 | -40.5% |
| Gross operating margin | 9900 | €26,477 | -€45,294 | -€71,771 | |
| Operating profit (loss) | 9901 | €25,282 | -€46,412 | -€71,694 | |
| Financial income | 75/76B | €217 | €1,480 | +€1,264 | +583.2% |
| Recurring financial income | 75 | €217 | €1,480 | +€1,264 | +583.2% |
| Financial charges | 65/66B | €62 | €155 | +€94 | +152.6% |
| Recurring financial charges | 65 | €62 | €155 | +€94 | +152.6% |
| Profit (loss) for the period before taxes | 9903 | €25,437 | -€45,088 | -€70,524 | |
| Income taxes | 67/77 | €5,962 | €376 | -€5,586 | -93.7% |
| Profit (loss) for the period | 9904 | €19,474 | -€45,463 | -€64,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,474 | -€45,463 | -€64,938 |
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 7 October 2026 via checked.be.