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LinkHive: 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.

What changed

LinkHive

BE 1010.553.324
NACE 93.192, Activities of independent sportspeople
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,129
2024 · €465+€27,663
Equity
€30,094
2024 · €1,965+€28,129
Cash
€6,202
2024 · €3,228+€2,974
Balance sheet total
€61,293
2024 · €4,812+€56,480

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€38,879

    up €38,879 (+2453.7%), from €1,584 to €40,464

    of which Trade receivables: +€38,888

  • Tangible fixed assets +€14,627

    new in 2025: €14,627

  • Cash +€2,974

    up €2,974 (+92.1%), from €3,228 to €6,202

    mainly Net result for the year (+€28,129) and Other debts (+€12,197)

Equity and liabilities
  • Profit (loss) carried forward +€28,129

    up €28,129 (+6048.8%), from €465 to €28,594

  • Other debts +€12,197

    up €12,197 (+2757.7%), from €442 to €12,639

  • Trade debts +€8,655

    up €8,655 (+575.0%), from €1,505 to €10,160

  • Tax, wage and social debts +€7,500

    up €7,500 (+833.3%), from €900 to €8,400

Income statement
  • Gross operating margin +€39,668

    up €39,668 (+7077.7%), from €560 to €40,228

  • Taxes +€7,500

    new in 2025: €7,500

  • Depreciation +€2,872

    new in 2025: €2,872

  • Other operating charges +€998

    new in 2025: €998

  • Financial charges +€635

    up €635 (+665.2%), from €95 to €730

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €465
Gross operating margin +€39,668
Depreciation -€2,872
Other operating charges -€998
Financial income +€0
Financial charges -€635
Taxes -€7,500
Result 2025 €28,129

Cash bridge derived

cash 2024 to 2025

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.

From operations +€20,473
Investment -€17,499
Financing €0
Cash 2024 €3,228
Net result for the year +€28,129
Depreciation +€2,872
Receivables within one year -€38,879
Trade debts +€8,655
Tax, wage and social debts +€7,500
Other debts +€12,197
Investment in fixed assets (net) -€17,499
Cash 2025 €6,202
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,812 €61,293 +€56,480 +1173.6%
Fixed assets 21/28 - €14,627 +€14,627
Tangible fixed assets 22/27 - €14,627 +€14,627
Furniture and vehicles 24 - €14,627 +€14,627
Current assets 29/58 €4,812 €46,666 +€41,854 +869.7%
Amounts receivable within one year 40/41 €1,584 €40,464 +€38,879 +2453.7%
Trade receivables 40 €1,073 €39,961 +€38,888 +3625.7%
Other amounts receivable 41 €512 €503 -€9 -1.7%
Cash at bank and in hand 54/58 €3,228 €6,202 +€2,974 +92.1%
Total equity and liabilities 10/49 €4,812 €61,293 +€56,480 +1173.6%
Equity 10/15 €1,965 €30,094 +€28,129 +1431.5%
Contributions 10/11 €1,500 €1,500 = 0.0%
Profit (loss) carried forward 14 €465 €28,594 +€28,129 +6048.8%
Amounts payable 17/49 €2,847 €31,199 +€28,352 +995.7%
Amounts payable within one year 42/48 €2,847 €31,199 +€28,352 +995.7%
Trade debts 44 €1,505 €10,160 +€8,655 +575.0%
Suppliers 440/4 €1,505 €10,160 +€8,655 +575.0%
Taxes, remuneration and social security 45 €900 €8,400 +€7,500 +833.3%
Taxes 450/3 €900 €8,400 +€7,500 +833.3%
Other amounts payable 47/48 €442 €12,639 +€12,197 +2757.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €2,872 +€2,872
Other operating charges 640/8 - €998 +€998
Gross operating margin 9900 €560 €40,228 +€39,668 +7077.7%
Operating profit (loss) 9901 €560 €36,359 +€35,798 +6387.3%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €95 €730 +€635 +665.2%
Recurring financial charges 65 €95 €730 +€635 +665.2%
Profit (loss) for the period before taxes 9903 €465 €35,629 +€35,163 +7561.6%
Income taxes 67/77 - €7,500 +€7,500
Profit (loss) for the period 9904 €465 €28,129 +€27,663 +5948.8%
Profit (loss) for the period to be appropriated 9905 €465 €28,129 +€27,663 +5948.8%

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.