LinicA: 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.
LinicA
Largest movements
- Tangible fixed assets -€19,270
down €19,270 (-10.1%), from €191,127 to €171,857
of which Land and buildings: -€10,800
- Receivables within one year -€8,625
down €8,625 (-81.2%), from €10,623 to €1,998
of which Other amounts receivable: -€5,319
- Stocks and contracts -€5,728
no longer reported in 2025 (was €5,728)
- Profit (loss) carried forward -€23,941
down €23,941 (-82.6%), from -€28,999 to -€52,940
- Debts after one year -€7,575
down €7,575 (-5.7%), from €132,132 to €124,557
- Trade debts -€3,827
down €3,827 (-14.5%), from €26,327 to €22,500
- Gross operating margin +€17,253
up €17,253 (+97.4%), from -€17,705 to -€452
- Depreciation +€7,386
up €7,386 (+98.0%), from €7,535 to €14,920
- Financial charges +€3,270
up €3,270 (+135.0%), from €2,422 to €5,692
- Other operating charges -€381
down €381 (-28.4%), from €1,342 to €961
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 | €208,719 | €174,760 | -€33,960 | -16.3% |
| Fixed assets | 21/28 | €191,127 | €171,857 | -€19,270 | -10.1% |
| Tangible fixed assets | 22/27 | €191,127 | €171,857 | -€19,270 | -10.1% |
| Land and buildings | 22 | €157,181 | €146,382 | -€10,800 | -6.9% |
| Plant, machinery and equipment | 23 | €30,886 | €23,068 | -€7,818 | -25.3% |
| Furniture and vehicles | 24 | €3,060 | €2,408 | -€652 | -21.3% |
| Current assets | 29/58 | €17,592 | €2,902 | -€14,690 | -83.5% |
| Stocks and contracts in progress | 3 | €5,728 | - | -€5,728 | |
| Stocks | 30/36 | €5,728 | - | -€5,728 | |
| Amounts receivable within one year | 40/41 | €10,623 | €1,998 | -€8,625 | -81.2% |
| Trade receivables | 40 | €4,391 | €1,085 | -€3,306 | -75.3% |
| Other amounts receivable | 41 | €6,232 | €913 | -€5,319 | -85.3% |
| Cash at bank and in hand | 54/58 | €1,010 | €409 | -€601 | -59.5% |
| Deferred charges and accrued income | 490/1 | €231 | €495 | +€264 | +114.0% |
| Total equity and liabilities | 10/49 | €208,719 | €174,760 | -€33,960 | -16.3% |
| Equity | 10/15 | €6,001 | -€17,940 | -€23,941 | |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Contributions outside capital | 11 | €35,000 | €35,000 | = | 0.0% |
| Other | 1109/19 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,999 | -€52,940 | -€23,941 | -82.6% |
| Amounts payable | 17/49 | €202,719 | €192,700 | -€10,019 | -4.9% |
| Amounts payable after more than one year | 17 | €132,132 | €124,557 | -€7,575 | -5.7% |
| Financial debts | 170/4 | €132,132 | €124,557 | -€7,575 | -5.7% |
| Amounts payable within one year | 42/48 | €69,994 | €67,525 | -€2,468 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €7,275 | €7,575 | +€299 | +4.1% |
| Trade debts | 44 | €26,327 | €22,500 | -€3,827 | -14.5% |
| Suppliers | 440/4 | €26,327 | €22,500 | -€3,827 | -14.5% |
| Other amounts payable | 47/48 | €36,392 | €37,451 | +€1,059 | +2.9% |
| Accrued charges and deferred income | 492/3 | €593 | €618 | +€24 | +4.1% |
| Remuneration, social security and pensions | 62 | - | €99 | +€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,535 | €14,920 | +€7,386 | +98.0% |
| Other operating charges | 640/8 | €1,342 | €961 | -€381 | -28.4% |
| Non-recurring operating charges | 66A | - | €1,870 | +€1,870 | |
| Gross operating margin | 9900 | -€17,705 | -€452 | +€17,253 | +97.4% |
| Operating profit (loss) | 9901 | -€26,582 | -€18,303 | +€8,280 | +31.1% |
| Financial income | 75/76B | €5 | €53 | +€48 | +945.5% |
| Recurring financial income | 75 | €5 | €53 | +€48 | +945.5% |
| Financial charges | 65/66B | €2,422 | €5,692 | +€3,270 | +135.0% |
| Recurring financial charges | 65 | €2,422 | €5,692 | +€3,270 | +135.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,999 | -€23,941 | +€5,058 | +17.4% |
| Profit (loss) for the period | 9904 | -€28,999 | -€23,941 | +€5,058 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,999 | -€23,941 | +€5,058 | +17.4% |
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 12 October 2026 via checked.be.