Linit: 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.
Linit
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€9,020
down €9,020 (-30.3%), from €29,787 to €20,767
- Cash -€8,840
down €8,840 (-13.7%), from €64,678 to €55,838
mainly Current investments (-€60,000) and Receivables within one year (-€7,982)
- Receivables within one year +€7,982
up €7,982 (+79.3%), from €10,065 to €18,047
of which Trade receivables: +€7,359
- Reserves +€62,873
up €62,873 (+85.9%), from €73,228 to €136,100
- Current portion of long-term debt -€7,672
down €7,672 (-65.6%), from €11,701 to €4,029
- Tax, wage and social debts +€4,517
up €4,517 (+34.3%), from €13,152 to €17,669
of which Taxes: +€2,991
- Trade debts -€4,371
down €4,371 (-99.4%), from €4,398 to €27
- Debts after one year -€4,029
down €4,029 (-100.0%), from €4,029 to €0
- Gross operating margin +€9,288
up €9,288 (+11.4%), from €81,831 to €91,120
- Taxes +€1,886
up €1,886 (+11.8%), from €16,041 to €17,927
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 | €106,506 | €157,825 | +€51,319 | +48.2% |
| Fixed assets | 21/28 | €29,787 | €20,997 | -€8,790 | -29.5% |
| Tangible fixed assets | 22/27 | €29,787 | €20,767 | -€9,020 | -30.3% |
| Furniture and vehicles | 24 | €29,787 | €20,767 | -€9,020 | -30.3% |
| Financial fixed assets | 28 | €0 | €230 | +€230 | |
| Current assets | 29/58 | €76,720 | €136,828 | +€60,108 | +78.3% |
| Amounts receivable within one year | 40/41 | €10,065 | €18,047 | +€7,982 | +79.3% |
| Trade receivables | 40 | €10,065 | €17,424 | +€7,359 | +73.1% |
| Other amounts receivable | 41 | - | €623 | +€623 | |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €64,678 | €55,838 | -€8,840 | -13.7% |
| Deferred charges and accrued income | 490/1 | €1,977 | €2,942 | +€966 | +48.9% |
| Total equity and liabilities | 10/49 | €106,506 | €157,825 | +€51,319 | +48.2% |
| Equity | 10/15 | €73,228 | €136,100 | +€62,873 | +85.9% |
| Reserves | 13 | €73,228 | €136,100 | +€62,873 | +85.9% |
| Distributable reserves | 133 | €73,228 | €136,100 | +€62,873 | +85.9% |
| Amounts payable | 17/49 | €33,279 | €21,725 | -€11,554 | -34.7% |
| Amounts payable after more than one year | 17 | €4,029 | €0 | -€4,029 | -100.0% |
| Financial debts | 170/4 | €4,029 | €0 | -€4,029 | -100.0% |
| Amounts payable within one year | 42/48 | €29,250 | €21,725 | -€7,526 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €11,701 | €4,029 | -€7,672 | -65.6% |
| Trade debts | 44 | €4,398 | €27 | -€4,371 | -99.4% |
| Suppliers | 440/4 | €4,398 | €27 | -€4,371 | -99.4% |
| Taxes, remuneration and social security | 45 | €13,152 | €17,669 | +€4,517 | +34.3% |
| Taxes | 450/3 | €13,152 | €16,143 | +€2,991 | +22.7% |
| Remuneration and social security | 454/9 | €0 | €1,526 | +€1,526 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,854 | €9,020 | +€166 | +1.9% |
| Other operating charges | 640/8 | €658 | €1,002 | +€344 | +52.3% |
| Gross operating margin | 9900 | €81,831 | €91,120 | +€9,288 | +11.4% |
| Operating profit (loss) | 9901 | €72,320 | €81,098 | +€8,778 | +12.1% |
| Financial income | 75/76B | €66 | €361 | +€295 | +445.6% |
| Recurring financial income | 75 | €66 | €361 | +€295 | +445.6% |
| Financial charges | 65/66B | €1,221 | €659 | -€562 | -46.0% |
| Recurring financial charges | 65 | €1,221 | €659 | -€562 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €71,165 | €80,799 | +€9,635 | +13.5% |
| Income taxes | 67/77 | €16,041 | €17,927 | +€1,886 | +11.8% |
| Profit (loss) for the period | 9904 | €55,124 | €62,873 | +€7,749 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,124 | €62,873 | +€7,749 | +14.1% |
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 1 October 2026 via checked.be.