LINK SOFTWARE: 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 SOFTWARE
Largest movements
- Intangible fixed assets -€122,148
no longer reported in 2024 (was €122,148)
- Cash +€110,158
up €110,158 (+3346.1%), from €3,292 to €113,450
mainly Investment in fixed assets (net) (+€159,648) and Contributions, distributions and other (+€50,000)
- Financial fixed assets -€37,500
down €37,500 (-78.7%), from €47,675 to €10,175
- Receivables within one year -€25,987
down €25,987 (-22.1%), from €117,551 to €91,565
of which Trade receivables: -€26,096
- Profit (loss) carried forward -€94,315
down €94,315 (-32.6%), from -€289,314 to -€383,630
- Contributions +€50,000
up €50,000 (+11.3%), from €441,803 to €491,803
- Trade debts +€43,319
new in 2024: €43,319
- Debts after one year -€34,135
down €34,135 (-72.4%), from €47,175 to €13,040
- Other debts -€25,207
down €25,207 (-61.5%), from €41,003 to €15,796
- Gross operating margin -€35,613
down €35,613, from €22,170 to -€13,443
- Depreciation -€30,578
down €30,578 (-97.4%), from €31,397 to €819
- Other operating charges +€22,623
up €22,623 (+641.6%), from €3,526 to €26,149
- Staff costs -€12,425
down €12,425 (-80.1%), from €15,516 to €3,092
- Financial charges +€628
up €628 (+1.5%), from €43,037 to €43,664
of which Financial charges: +€628
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.
Cash bridge derived
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 | €292,327 | €216,031 | -€76,296 | -26.1% |
| Fixed assets | 21/28 | €171,484 | €11,016 | -€160,468 | -93.6% |
| Intangible fixed assets | 21 | €122,148 | - | -€122,148 | |
| Tangible fixed assets | 22/27 | €1,661 | €841 | -€819 | -49.3% |
| Furniture and vehicles | 24 | €1,661 | €841 | -€819 | -49.3% |
| Financial fixed assets | 28 | €47,675 | €10,175 | -€37,500 | -78.7% |
| Current assets | 29/58 | €120,843 | €205,015 | +€84,171 | +69.7% |
| Amounts receivable within one year | 40/41 | €117,551 | €91,565 | -€25,987 | -22.1% |
| Trade receivables | 40 | €84,891 | €58,795 | -€26,096 | -30.7% |
| Other amounts receivable | 41 | €32,660 | €32,769 | +€109 | +0.3% |
| Cash at bank and in hand | 54/58 | €3,292 | €113,450 | +€110,158 | +3346.1% |
| Total equity and liabilities | 10/49 | €292,327 | €216,031 | -€76,296 | -26.1% |
| Equity | 10/15 | €152,489 | €108,173 | -€44,315 | -29.1% |
| Contributions | 10/11 | €441,803 | €491,803 | +€50,000 | +11.3% |
| Capital | 10 | €441,803 | €491,803 | +€50,000 | +11.3% |
| Issued capital | 100 | €441,803 | €491,803 | +€50,000 | +11.3% |
| Profit (loss) carried forward | 14 | -€289,314 | -€383,630 | -€94,315 | -32.6% |
| Amounts payable | 17/49 | €139,839 | €107,858 | -€31,981 | -22.9% |
| Amounts payable after more than one year | 17 | €47,175 | €13,040 | -€34,135 | -72.4% |
| Financial debts | 170/4 | €47,175 | €13,040 | -€34,135 | -72.4% |
| Amounts payable within one year | 42/48 | €92,664 | €94,818 | +€2,154 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €34,075 | €35,524 | +€1,449 | +4.3% |
| Trade debts | 44 | - | €43,319 | +€43,319 | |
| Suppliers | 440/4 | - | €43,319 | +€43,319 | |
| Taxes, remuneration and social security | 45 | €17,586 | €179 | -€17,406 | -99.0% |
| Taxes | 450/3 | €17,586 | €179 | -€17,406 | -99.0% |
| Other amounts payable | 47/48 | €41,003 | €15,796 | -€25,207 | -61.5% |
| Remuneration, social security and pensions | 62 | €15,516 | €3,092 | -€12,425 | -80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,397 | €819 | -€30,578 | -97.4% |
| Other operating charges | 640/8 | €3,526 | €26,149 | +€22,623 | +641.6% |
| Non-recurring operating charges | 66A | - | €7,148 | +€7,148 | |
| Gross operating margin | 9900 | €22,170 | -€13,443 | -€35,613 | |
| Operating profit (loss) | 9901 | -€28,269 | -€50,651 | -€22,383 | -79.2% |
| Financial income | 75/76B | €200 | - | -€200 | |
| Recurring financial income | 75 | €200 | - | -€200 | |
| Financial charges | 65/66B | €43,037 | €43,664 | +€628 | +1.5% |
| Recurring financial charges | 65 | €5,537 | €6,164 | +€628 | +11.3% |
| Non-recurring financial charges | 66B | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,105 | -€94,315 | -€23,210 | -32.6% |
| Income taxes | 67/77 | €22 | - | -€22 | |
| Profit (loss) for the period | 9904 | -€71,127 | -€94,315 | -€23,189 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,127 | -€94,315 | -€23,189 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.