LINK INC: 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.
LINK INC
Largest movements
- Current investments +€170,810
up €170,810 (+17081.0%), from €1,000 to €171,810
- Receivables within one year -€29,183
down €29,183 (-13.9%), from €209,239 to €180,057
of which Trade receivables: -€17,341
- Cash +€11,677
up €11,677 (+7.1%), from €165,589 to €177,266
mainly Net result for the year (+€143,453) and Other debts (+€125,365)
- Intangible fixed assets -€10,800
down €10,800 (-16.4%), from €66,014 to €55,214
- Other debts +€125,365
up €125,365 (+192.7%), from €65,061 to €190,426
- Tax, wage and social debts +€33,077
up €33,077 (+67.9%), from €48,688 to €81,765
of which Taxes: +€30,868
- Accrued charges and deferred income -€13,405
down €13,405 (-25.9%), from €51,705 to €38,300
- Gross operating margin +€51,130
up €51,130 (+18.8%), from €272,550 to €323,680
- Staff costs +€41,166
up €41,166 (+60.2%), from €68,348 to €109,514
- Taxes +€8,378
up €8,378 (+19.5%), from €42,905 to €51,283
- Depreciation -€6,113
down €6,113 (-30.6%), from €19,968 to €13,855
- Financial income -€4,497
down €4,497 (-75.7%), from €5,941 to €1,443
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 | €449,117 | €588,613 | +€139,497 | +31.1% |
| Fixed assets | 21/28 | €72,146 | €59,481 | -€12,665 | -17.6% |
| Intangible fixed assets | 21 | €66,014 | €55,214 | -€10,800 | -16.4% |
| Tangible fixed assets | 22/27 | €6,132 | €4,267 | -€1,865 | -30.4% |
| Furniture and vehicles | 24 | €6,132 | €4,267 | -€1,865 | -30.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €376,971 | €529,132 | +€152,161 | +40.4% |
| Amounts receivable within one year | 40/41 | €209,239 | €180,057 | -€29,183 | -13.9% |
| Trade receivables | 40 | €197,398 | €180,057 | -€17,341 | -8.8% |
| Other amounts receivable | 41 | €11,841 | €0 | -€11,841 | -100.0% |
| Current investments | 50/53 | €1,000 | €171,810 | +€170,810 | +17081.0% |
| Cash at bank and in hand | 54/58 | €165,589 | €177,266 | +€11,677 | +7.1% |
| Deferred charges and accrued income | 490/1 | €1,143 | €0 | -€1,143 | -100.0% |
| Total equity and liabilities | 10/49 | €449,117 | €588,613 | +€139,497 | +31.1% |
| Equity | 10/15 | €266,426 | €264,259 | -€2,167 | -0.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €105,806 | €105,806 | = | 0.0% |
| Distributable reserves | 133 | €105,806 | €105,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,620 | €143,453 | -€2,167 | -1.5% |
| Amounts payable | 17/49 | €182,691 | €324,355 | +€141,664 | +77.5% |
| Amounts payable within one year | 42/48 | €130,986 | €286,055 | +€155,069 | +118.4% |
| Trade debts | 44 | €17,237 | €13,864 | -€3,373 | -19.6% |
| Suppliers | 440/4 | €17,237 | €13,864 | -€3,373 | -19.6% |
| Taxes, remuneration and social security | 45 | €48,688 | €81,765 | +€33,077 | +67.9% |
| Taxes | 450/3 | €38,735 | €69,603 | +€30,868 | +79.7% |
| Remuneration and social security | 454/9 | €9,953 | €12,162 | +€2,209 | +22.2% |
| Other amounts payable | 47/48 | €65,061 | €190,426 | +€125,365 | +192.7% |
| Accrued charges and deferred income | 492/3 | €51,705 | €38,300 | -€13,405 | -25.9% |
| Remuneration, social security and pensions | 62 | €68,348 | €109,514 | +€41,166 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,968 | €13,855 | -€6,113 | -30.6% |
| Other operating charges | 640/8 | €815 | €1,912 | +€1,097 | +134.5% |
| Gross operating margin | 9900 | €272,550 | €323,680 | +€51,130 | +18.8% |
| Operating profit (loss) | 9901 | €183,418 | €198,398 | +€14,981 | +8.2% |
| Financial income | 75/76B | €5,941 | €1,443 | -€4,497 | -75.7% |
| Recurring financial income | 75 | €5,941 | €1,443 | -€4,497 | -75.7% |
| Financial charges | 65/66B | €834 | €5,105 | +€4,272 | +512.5% |
| Recurring financial charges | 65 | €834 | €5,105 | +€4,272 | +512.5% |
| Profit (loss) for the period before taxes | 9903 | €188,525 | €194,736 | +€6,212 | +3.3% |
| Income taxes | 67/77 | €42,905 | €51,283 | +€8,378 | +19.5% |
| Profit (loss) for the period | 9904 | €145,620 | €143,453 | -€2,167 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,620 | €143,453 | -€2,167 | -1.5% |
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 11 October 2026 via checked.be.