Linius: 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.
Linius
Largest movements
- Cash +€42,812
up €42,812 (+12.0%), from €356,581 to €399,393
mainly Net result for the year (+€57,092) and Tax, wage and social debts (+€3,879)
- Deferred charges and accrued income +€9,690
up €9,690 (+3105.7%), from €312 to €10,002
- Receivables within one year +€6,526
up €6,526 (+42.7%), from €15,284 to €21,810
of which Trade receivables: +€4,879
- Reserves +€57,092
up €57,092 (+16.4%), from €347,339 to €404,430
- Gross operating margin -€49,243
down €49,243 (-37.3%), from €132,073 to €82,830
- Taxes -€14,900
down €14,900 (-35.3%), from €42,261 to €27,361
- Financial income +€3,448
new in 2025: €3,448
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 | €372,177 | €434,044 | +€61,867 | +16.6% |
| Fixed assets | 21/28 | - | €2,839 | +€2,839 | |
| Tangible fixed assets | 22/27 | - | €2,839 | +€2,839 | |
| Plant, machinery and equipment | 23 | - | €2,839 | +€2,839 | |
| Current assets | 29/58 | €372,177 | €431,205 | +€59,028 | +15.9% |
| Amounts receivable within one year | 40/41 | €15,284 | €21,810 | +€6,526 | +42.7% |
| Trade receivables | 40 | €1,545 | €6,424 | +€4,879 | +315.8% |
| Other amounts receivable | 41 | €13,739 | €15,387 | +€1,648 | +12.0% |
| Cash at bank and in hand | 54/58 | €356,581 | €399,393 | +€42,812 | +12.0% |
| Deferred charges and accrued income | 490/1 | €312 | €10,002 | +€9,690 | +3105.7% |
| Total equity and liabilities | 10/49 | €372,177 | €434,044 | +€61,867 | +16.6% |
| Equity | 10/15 | €349,839 | €406,930 | +€57,092 | +16.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €347,339 | €404,430 | +€57,092 | +16.4% |
| Distributable reserves | 133 | €347,339 | €404,430 | +€57,092 | +16.4% |
| Amounts payable | 17/49 | €22,339 | €27,114 | +€4,775 | +21.4% |
| Amounts payable within one year | 42/48 | €22,339 | €27,114 | +€4,775 | +21.4% |
| Trade debts | 44 | €2,121 | €140 | -€1,982 | -93.4% |
| Suppliers | 440/4 | €2,121 | €140 | -€1,982 | -93.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,091 | €12,971 | +€3,879 | +42.7% |
| Taxes | 450/3 | €9,091 | €12,971 | +€3,879 | +42.7% |
| Other amounts payable | 47/48 | €11,126 | €14,004 | +€2,877 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €484 | +€484 | |
| Other operating charges | 640/8 | €569 | €614 | +€45 | +7.8% |
| Gross operating margin | 9900 | €132,073 | €82,830 | -€49,243 | -37.3% |
| Operating profit (loss) | 9901 | €131,504 | €81,732 | -€49,772 | -37.8% |
| Financial income | 75/76B | - | €3,448 | +€3,448 | |
| Recurring financial income | 75 | - | €3,448 | +€3,448 | |
| Financial charges | 65/66B | €933 | €727 | -€206 | -22.0% |
| Recurring financial charges | 65 | €933 | €727 | -€206 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €130,571 | €84,453 | -€46,118 | -35.3% |
| Income taxes | 67/77 | €42,261 | €27,361 | -€14,900 | -35.3% |
| Profit (loss) for the period | 9904 | €88,310 | €57,092 | -€31,218 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,310 | €57,092 | -€31,218 | -35.4% |
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 6 October 2026 via checked.be.