Link'O: 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.
Link'O
Largest movements
- Cash +€29,046
up €29,046 (+123.9%), from €23,434 to €52,480
mainly Net result for the year (+€71,176) and Receivables within one year (+€27,765)
- Receivables within one year -€27,765
down €27,765 (-33.5%), from €82,765 to €55,000
- Profit (loss) carried forward +€71,176
up €71,176 (+28.9%), from €246,686 to €317,862
- Debts after one year -€47,907
down €47,907 (-18.7%), from €256,618 to €208,711
- Other debts -€24,000
down €24,000 (-6.8%), from €352,000 to €328,000
- Gross operating margin -€181,748
down €181,748 (-68.4%), from €265,730 to €83,983
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 | €906,199 | €907,480 | +€1,281 | +0.1% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €106,199 | €107,480 | +€1,281 | +1.2% |
| Amounts receivable within one year | 40/41 | €82,765 | €55,000 | -€27,765 | -33.5% |
| Other amounts receivable | 41 | €82,765 | €55,000 | -€27,765 | -33.5% |
| Cash at bank and in hand | 54/58 | €23,434 | €52,480 | +€29,046 | +123.9% |
| Total equity and liabilities | 10/49 | €906,199 | €907,480 | +€1,281 | +0.1% |
| Equity | 10/15 | €251,686 | €322,862 | +€71,176 | +28.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,686 | €317,862 | +€71,176 | +28.9% |
| Amounts payable | 17/49 | €654,513 | €584,618 | -€69,896 | -10.7% |
| Amounts payable after more than one year | 17 | €256,618 | €208,711 | -€47,907 | -18.7% |
| Financial debts | 170/4 | €256,618 | €208,711 | -€47,907 | -18.7% |
| Amounts payable within one year | 42/48 | €397,896 | €375,907 | -€21,989 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €45,896 | €47,907 | +€2,011 | +4.4% |
| Other amounts payable | 47/48 | €352,000 | €328,000 | -€24,000 | -6.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €265,730 | €83,983 | -€181,748 | -68.4% |
| Operating profit (loss) | 9901 | €265,346 | €83,595 | -€181,751 | -68.5% |
| Financial charges | 65/66B | €14,902 | €12,419 | -€2,483 | -16.7% |
| Recurring financial charges | 65 | €14,902 | €12,419 | -€2,483 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €250,444 | €71,176 | -€179,268 | -71.6% |
| Profit (loss) for the period | 9904 | €250,444 | €71,176 | -€179,268 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €250,444 | €71,176 | -€179,268 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.