LinkinEurope: 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.
LinkinEurope
Largest movements
- Tangible fixed assets +€29,229
up €29,229 (+295%), from €9,916 to €39,145
of which Other tangible fixed assets: +€31,629
- Cash -€18,082
down €18,082 (-27.3%), from €66,346 to €48,264
mainly Investment in fixed assets (net) (-€40,822) and Receivables within one year (-€17,048)
- Receivables within one year +€17,048
up €17,048 (+263%), from €6,483 to €23,531
of which Trade receivables: +€17,048
- Financial fixed assets +€6,000
up €6,000 (+1,653%), from €363 to €6,363
- Debts after one year +€32,292
new in 2022: €32,292
- Profit (loss) carried forward -€15,483
down €15,483 (-31.4%), from €49,298 to €33,815
- Trade debts +€12,911
up €12,911 (+890%), from €1,451 to €14,361
- Current portion of long-term debt +€8,544
new in 2022: €8,544
- Tax, wage and social debts -€2,542
down €2,542 (-14.6%), from €17,381 to €14,839
of which Remuneration and social security: -€6,952
- Depreciation +€3,949
up €3,949 (+240%), from €1,644 to €5,593
- Gross operating margin +€2,582
up €2,582 (+31.4%), from -€8,217 to -€5,635
- Financial charges +€2,578
up €2,578 (+209%), from €1,231 to €3,809
- Taxes -€1,533
no longer reported in 2022 (was €1,533)
- Other operating charges -€133
down €133 (-23.0%), from €579 to €446
From the 2021 result to the 2022 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.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,108 | €117,302 | +€34,195 | +41.1% |
| Fixed assets | 21/28 | €10,279 | €45,508 | +€35,229 | +343% |
| Tangible fixed assets | 22/27 | €9,916 | €39,145 | +€29,229 | +295% |
| Furniture and vehicles | 24 | €200 | - | -€200 | |
| Leasing and similar rights | 25 | €9,716 | €7,516 | -€2,200 | -22.6% |
| Other tangible fixed assets | 26 | - | €31,629 | +€31,629 | |
| Financial fixed assets | 28 | €363 | €6,363 | +€6,000 | +1,653% |
| Current assets | 29/58 | €72,828 | €71,795 | -€1,034 | -1.4% |
| Amounts receivable within one year | 40/41 | €6,483 | €23,531 | +€17,048 | +263% |
| Trade receivables | 40 | €6,467 | €23,514 | +€17,048 | +264% |
| Other amounts receivable | 41 | €16 | €16 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,346 | €48,264 | -€18,082 | -27.3% |
| Total equity and liabilities | 10/49 | €83,108 | €117,302 | +€34,195 | +41.1% |
| Equity | 10/15 | €56,699 | €41,215 | -€15,483 | -27.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Legal reserve | 130 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,298 | €33,815 | -€15,483 | -31.4% |
| Amounts payable | 17/49 | €26,409 | €76,087 | +€49,678 | +188% |
| Amounts payable after more than one year | 17 | - | €32,292 | +€32,292 | |
| Financial debts | 170/4 | - | €32,292 | +€32,292 | |
| Amounts payable within one year | 42/48 | €26,409 | €43,795 | +€17,386 | +65.8% |
| Current portion of amounts payable after more than one year | 42 | - | €8,544 | +€8,544 | |
| Trade debts | 44 | €1,451 | €14,361 | +€12,911 | +890% |
| Suppliers | 440/4 | €1,451 | €14,361 | +€12,911 | +890% |
| Taxes, remuneration and social security | 45 | €17,381 | €14,839 | -€2,542 | -14.6% |
| Taxes | 450/3 | €10,429 | €14,839 | +€4,410 | +42.3% |
| Remuneration and social security | 454/9 | €6,952 | - | -€6,952 | |
| Other amounts payable | 47/48 | €7,577 | €6,051 | -€1,526 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,644 | €5,593 | +€3,949 | +240% |
| Other operating charges | 640/8 | €579 | €446 | -€133 | -23.0% |
| Gross operating margin | 9900 | -€8,217 | -€5,635 | +€2,582 | +31.4% |
| Operating profit (loss) | 9901 | -€10,440 | -€11,674 | -€1,234 | -11.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,231 | €3,809 | +€2,578 | +209% |
| Recurring financial charges | 65 | €1,231 | €3,809 | +€2,578 | +209% |
| Profit (loss) for the period before taxes | 9903 | -€11,671 | -€15,483 | -€3,812 | -32.7% |
| Income taxes | 67/77 | €1,533 | - | -€1,533 | |
| Profit (loss) for the period | 9904 | -€13,204 | -€15,483 | -€2,279 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,204 | -€15,483 | -€2,279 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.