Link2Trust: 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.
Link2Trust
Largest movements
- Receivables within one year +€36,857
up €36,857 (+138.5%), from €26,606 to €63,463
of which Trade receivables: +€22,112
- Cash -€3,529
down €3,529 (-21.7%), from €16,298 to €12,770
mainly Receivables within one year (-€36,857) and Tax, wage and social debts (-€330)
- Trade debts +€27,448
up €27,448 (+104.9%), from €26,175 to €53,623
- Reserves +€6,000
up €6,000 (+60.0%), from €10,000 to €16,000
- Gross operating margin -€4,494
down €4,494 (-33.0%), from €13,632 to €9,138
- Taxes -€1,080
down €1,080 (-32.2%), from €3,356 to €2,277
- Other operating charges -€195
down €195 (-100.0%), from €195 to €0
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 | €42,905 | €76,532 | +€33,628 | +78.4% |
| Fixed assets | 21/28 | - | €200 | +€200 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €42,905 | €76,332 | +€33,428 | +77.9% |
| Amounts receivable within one year | 40/41 | €26,606 | €63,463 | +€36,857 | +138.5% |
| Trade receivables | 40 | €24,962 | €47,075 | +€22,112 | +88.6% |
| Other amounts receivable | 41 | €1,644 | €16,388 | +€14,744 | +897.0% |
| Cash at bank and in hand | 54/58 | €16,298 | €12,770 | -€3,529 | -21.7% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €42,905 | €76,532 | +€33,628 | +78.4% |
| Equity | 10/15 | €11,000 | €17,744 | +€6,744 | +61.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €16,000 | +€6,000 | +60.0% |
| Distributable reserves | 133 | €10,000 | €16,000 | +€6,000 | +60.0% |
| Profit (loss) carried forward | 14 | €0 | €744 | +€744 | +465175.0% |
| Amounts payable | 17/49 | €31,904 | €58,788 | +€26,884 | +84.3% |
| Amounts payable within one year | 42/48 | €31,904 | €58,788 | +€26,884 | +84.3% |
| Trade debts | 44 | €26,175 | €53,623 | +€27,448 | +104.9% |
| Suppliers | 440/4 | €26,175 | €53,623 | +€27,448 | +104.9% |
| Taxes, remuneration and social security | 45 | €330 | €0 | -€330 | -100.0% |
| Taxes | 450/3 | €330 | €0 | -€330 | -100.0% |
| Other amounts payable | 47/48 | €5,400 | €5,165 | -€235 | -4.3% |
| Other operating charges | 640/8 | €195 | €0 | -€195 | -100.0% |
| Gross operating margin | 9900 | €13,632 | €9,138 | -€4,494 | -33.0% |
| Operating profit (loss) | 9901 | €13,436 | €9,138 | -€4,299 | -32.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €80 | €117 | +€37 | +46.1% |
| Recurring financial charges | 65 | €80 | €117 | +€37 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €13,356 | €9,021 | -€4,336 | -32.5% |
| Income taxes | 67/77 | €3,356 | €2,277 | -€1,080 | -32.2% |
| Profit (loss) for the period | 9904 | €10,000 | €6,744 | -€3,256 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,000 | €6,744 | -€3,256 | -32.6% |
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 2 October 2026 via checked.be.