Linking Labs: 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.
Linking Labs
Largest movements
- Receivables within one year +€25,582
up €25,582 (+57.3%), from €44,628 to €70,210
of which Trade receivables: +€32,607
- Current investments -€5,029
down €5,029 (-100.0%), from €5,029 to €0
- Other debts +€16,910
up €16,910 (+15.5%), from €108,930 to €125,840
- Reserves +€9,654
up €9,654 (+6.0%), from €160,905 to €170,558
of which Distributable reserves: +€9,654
- Short-term financial debts -€7,607
down €7,607 (-100.0%), from €7,607 to €0
of which Credit institutions: -€7,607
- Trade debts -€6,034
down €6,034 (-90.7%), from €6,655 to €621
- Tax, wage and social debts +€3,557
up €3,557 (+87.0%), from €4,090 to €7,647
of which Taxes: +€4,057
- Gross operating margin +€14,597
up €14,597 (+993.8%), from €1,469 to €16,066
- Taxes +€6,258
up €6,258 (+981.9%), from €637 to €6,895
- Financial income +€1,516
up €1,516 (+133.7%), from €1,134 to €2,650
- Financial charges -€839
down €839 (-47.2%), from €1,778 to €939
- Other operating charges -€476
down €476 (-44.1%), from €1,080 to €604
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 | €317,564 | €333,016 | +€15,452 | +4.9% |
| Fixed assets | 21/28 | €194,908 | €195,687 | +€779 | +0.4% |
| Tangible fixed assets | 22/27 | €407 | €1,186 | +€779 | +191.3% |
| Furniture and vehicles | 24 | €407 | €1,186 | +€779 | +191.3% |
| Financial fixed assets | 28 | €194,501 | €194,501 | = | 0.0% |
| Current assets | 29/58 | €122,656 | €137,330 | +€14,674 | +12.0% |
| Amounts receivable after more than one year | 29 | €56,700 | €56,700 | = | 0.0% |
| Other amounts receivable | 291 | €56,700 | €56,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,628 | €70,210 | +€25,582 | +57.3% |
| Trade receivables | 40 | €37,603 | €70,210 | +€32,607 | +86.7% |
| Other amounts receivable | 41 | €7,025 | €0 | -€7,025 | -100.0% |
| Current investments | 50/53 | €5,029 | €0 | -€5,029 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,793 | €4,510 | -€3,283 | -42.1% |
| Deferred charges and accrued income | 490/1 | €8,506 | €5,910 | -€2,596 | -30.5% |
| Total equity and liabilities | 10/49 | €317,564 | €333,016 | +€15,452 | +4.9% |
| Equity | 10/15 | €189,254 | €198,908 | +€9,654 | +5.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €160,905 | €170,558 | +€9,654 | +6.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €160,905 | €170,558 | +€9,654 | +6.0% |
| Profit (loss) carried forward | 14 | €15,750 | €15,750 | = | 0.0% |
| Amounts payable | 17/49 | €128,310 | €134,108 | +€5,799 | +4.5% |
| Amounts payable within one year | 42/48 | €127,282 | €134,108 | +€6,827 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €7,607 | €0 | -€7,607 | -100.0% |
| Credit institutions | 430/8 | €7,607 | €0 | -€7,607 | -100.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €6,655 | €621 | -€6,034 | -90.7% |
| Suppliers | 440/4 | €6,655 | €621 | -€6,034 | -90.7% |
| Taxes, remuneration and social security | 45 | €4,090 | €7,647 | +€3,557 | +87.0% |
| Taxes | 450/3 | €2,090 | €6,147 | +€4,057 | +194.1% |
| Remuneration and social security | 454/9 | €2,000 | €1,500 | -€500 | -25.0% |
| Other amounts payable | 47/48 | €108,930 | €125,840 | +€16,910 | +15.5% |
| Accrued charges and deferred income | 492/3 | €1,028 | €0 | -€1,028 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €625 | +€162 | +35.1% |
| Other operating charges | 640/8 | €1,080 | €604 | -€476 | -44.1% |
| Gross operating margin | 9900 | €1,469 | €16,066 | +€14,597 | +993.8% |
| Operating profit (loss) | 9901 | -€74 | €14,837 | +€14,911 | |
| Financial income | 75/76B | €1,134 | €2,650 | +€1,516 | +133.7% |
| Recurring financial income | 75 | €1,134 | €2,650 | +€1,516 | +133.7% |
| Financial charges | 65/66B | €1,778 | €939 | -€839 | -47.2% |
| Recurring financial charges | 65 | €1,778 | €939 | -€839 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | -€718 | €16,549 | +€17,267 | |
| Income taxes | 67/77 | €637 | €6,895 | +€6,258 | +981.9% |
| Profit (loss) for the period | 9904 | -€1,355 | €9,654 | +€11,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,355 | €9,654 | +€11,009 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.