LINJAN: 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.
LINJAN
Largest movements
- Tangible fixed assets +€41,345
up €41,345 (+1,502%), from €2,753 to €44,098
of which Furniture and vehicles: +€35,540
- Stocks and contracts -€21,712
down €21,712 (-86.8%), from €25,001 to €3,288
- Financial fixed assets -€8,540
down €8,540 (-85.1%), from €10,040 to €1,500
- Receivables within one year -€6,924
down €6,924 (-65.1%), from €10,636 to €3,712
of which Trade receivables: -€7,718
- Cash -€5,641
down €5,641 (-65.3%), from €8,643 to €3,002
mainly Net result for the year (-€79,306) and Investment in fixed assets (net) (-€38,213)
- Profit (loss) carried forward -€79,306
new in 2024: -€79,306
- Debts after one year +€53,607
new in 2024: €53,607
- Other debts +€10,475
up €10,475 (+62.1%), from €16,869 to €27,345
- Current portion of long-term debt +€10,253
new in 2024: €10,253
- Trade debts +€3,518
new in 2024: €3,518
- Gross operating margin -€74,178
down €74,178, from €22,999 to -€51,178
- Depreciation +€4,083
up €4,083 (+129%), from €3,159 to €7,242
- Staff costs -€3,104
down €3,104 (-14.6%), from €21,206 to €18,102
- Financial charges +€1,424
up €1,424 (+2,084%), from €68 to €1,493
- Other operating charges +€865
up €865 (+299%), from €289 to €1,154
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.
Derived cash bridge
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 | €63,343 | €60,211 | -€3,132 | -4.9% |
| Fixed assets | 21/28 | €18,695 | €49,666 | +€30,972 | +166% |
| Intangible fixed assets | 21 | €5,902 | €4,069 | -€1,833 | -31.1% |
| Tangible fixed assets | 22/27 | €2,753 | €44,098 | +€41,345 | +1,502% |
| Plant, machinery and equipment | 23 | €2,753 | €8,558 | +€5,805 | +211% |
| Furniture and vehicles | 24 | - | €35,540 | +€35,540 | |
| Financial fixed assets | 28 | €10,040 | €1,500 | -€8,540 | -85.1% |
| Current assets | 29/58 | €44,648 | €10,545 | -€34,104 | -76.4% |
| Stocks and contracts in progress | 3 | €25,001 | €3,288 | -€21,712 | -86.8% |
| Stocks | 30/36 | €25,001 | €3,288 | -€21,712 | -86.8% |
| Amounts receivable within one year | 40/41 | €10,636 | €3,712 | -€6,924 | -65.1% |
| Trade receivables | 40 | €7,750 | €32 | -€7,718 | -99.6% |
| Other amounts receivable | 41 | €2,886 | €3,680 | +€794 | +27.5% |
| Cash at bank and in hand | 54/58 | €8,643 | €3,002 | -€5,641 | -65.3% |
| Deferred charges and accrued income | 490/1 | €368 | €542 | +€173 | +47.1% |
| Total equity and liabilities | 10/49 | €63,343 | €60,211 | -€3,132 | -4.9% |
| Equity | 10/15 | €41,787 | -€37,519 | -€79,306 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €21,787 | €21,787 | = | 0.0% |
| Distributable reserves | 133 | €21,787 | €21,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€79,306 | -€79,306 | |
| Amounts payable | 17/49 | €21,556 | €97,730 | +€76,174 | +353% |
| Amounts payable after more than one year | 17 | - | €53,607 | +€53,607 | |
| Financial debts | 170/4 | - | €53,607 | +€53,607 | |
| Amounts payable within one year | 42/48 | €21,556 | €44,123 | +€22,567 | +105% |
| Current portion of amounts payable after more than one year | 42 | - | €10,253 | +€10,253 | |
| Trade debts | 44 | - | €3,518 | +€3,518 | |
| Suppliers | 440/4 | - | €3,518 | +€3,518 | |
| Taxes, remuneration and social security | 45 | €4,687 | €3,007 | -€1,680 | -35.8% |
| Taxes | 450/3 | €819 | €167 | -€652 | -79.6% |
| Remuneration and social security | 454/9 | €3,868 | €2,840 | -€1,028 | -26.6% |
| Other amounts payable | 47/48 | €16,869 | €27,345 | +€10,475 | +62.1% |
| Non-recurring operating income | 76A | €5,102 | - | -€5,102 | |
| Remuneration, social security and pensions | 62 | €21,206 | €18,102 | -€3,104 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,159 | €7,242 | +€4,083 | +129% |
| Other operating charges | 640/8 | €289 | €1,154 | +€865 | +299% |
| Gross operating margin | 9900 | €22,999 | -€51,178 | -€74,178 | |
| Operating profit (loss) | 9901 | -€1,654 | -€77,676 | -€76,022 | -4,595% |
| Financial income | 75/76B | €4 | €31 | +€27 | +718% |
| Recurring financial income | 75 | €4 | €31 | +€27 | +718% |
| Financial charges | 65/66B | €68 | €1,493 | +€1,424 | +2,084% |
| Recurring financial charges | 65 | €68 | €1,493 | +€1,424 | +2,084% |
| Profit (loss) for the period before taxes | 9903 | -€1,719 | -€79,138 | -€77,419 | -4,504% |
| Income taxes | 67/77 | €114 | €167 | +€53 | +46.3% |
| Profit (loss) for the period | 9904 | -€1,834 | -€79,306 | -€77,472 | -4,225% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,834 | -€79,306 | -€77,472 | -4,225% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.