Linkinoost: what changed
Linkinoost
Largest movements
- Tangible fixed assets +€359,098
up €359,098 (+55.9%), from €641,956 to €1.0m
of which Land and buildings: +€355,978
- Cash +€131,361
up €131,361 (+162%), from €80,877 to €212,239
mainly Other debts (+€289,969) and Debts after one year (+€242,800)
- Current investments -€100,014
down €100,014 (-100%), from €100,014 to €0
- Receivables within one year +€80,126
up €80,126 (+303%), from €26,423 to €106,549
of which Trade receivables: +€100,126
- Other debts +€289,969
up €289,969 (+580%), from €49,955 to €339,924
- Debts after one year +€242,800
up €242,800 (+43.7%), from €555,674 to €798,474
- Profit (loss) carried forward -€150,416
down €150,416 (-97.9%), from €153,602 to €3,186
- Tax, wage and social debts +€61,495
up €61,495 (+375%), from €16,410 to €77,905
of which Taxes: +€63,495
- Current portion of long-term debt +€22,773
up €22,773 (+43.6%), from €52,205 to €74,978
- Gross operating margin +€127,680
up €127,680 (+47.5%), from €268,905 to €396,586
- Depreciation +€55,199
up €55,199 (+105%), from €52,368 to €107,567
- Taxes +€15,747
up €15,747 (+30.6%), from €51,526 to €67,273
- Financial income -€6,362
down €6,362 (-94.5%), from €6,729 to €367
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €850,581 | €1,320,365 | +€469,784 | +55.2% |
| Fixed assets | 21/28 | €641,956 | €1,001,053 | +€359,098 | +55.9% |
| Tangible fixed assets | 22/27 | €641,956 | €1,001,053 | +€359,098 | +55.9% |
| Land and buildings | 22 | €566,352 | €922,330 | +€355,978 | +62.9% |
| Plant, machinery and equipment | 23 | €20,014 | €13,157 | -€6,857 | -34.3% |
| Furniture and vehicles | 24 | €55,590 | €62,829 | +€7,239 | +13.0% |
| Assets under construction and advance payments | 27 | - | €2,737 | +€2,737 | |
| Current assets | 29/58 | €208,625 | €319,312 | +€110,687 | +53.1% |
| Amounts receivable within one year | 40/41 | €26,423 | €106,549 | +€80,126 | +303% |
| Trade receivables | 40 | €4,000 | €104,126 | +€100,126 | +2,503% |
| Other amounts receivable | 41 | €22,424 | €2,424 | -€20,000 | -89.2% |
| Current investments | 50/53 | €100,014 | €0 | -€100,014 | -100% |
| Cash at bank and in hand | 54/58 | €80,877 | €212,239 | +€131,361 | +162% |
| Deferred charges and accrued income | 490/1 | €1,310 | €524 | -€786 | -60.0% |
| Total equity and liabilities | 10/49 | €850,581 | €1,320,365 | +€469,784 | +55.2% |
| Equity | 10/15 | €172,202 | €21,786 | -€150,416 | -87.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,602 | €3,186 | -€150,416 | -97.9% |
| Amounts payable | 17/49 | €678,379 | €1,298,579 | +€620,200 | +91.4% |
| Amounts payable after more than one year | 17 | €555,674 | €798,474 | +€242,800 | +43.7% |
| Financial debts | 170/4 | €555,674 | €798,474 | +€242,800 | +43.7% |
| Amounts payable within one year | 42/48 | €119,704 | €497,105 | +€377,401 | +315% |
| Current portion of amounts payable after more than one year | 42 | €52,205 | €74,978 | +€22,773 | +43.6% |
| Trade debts | 44 | €1,134 | €4,298 | +€3,164 | +279% |
| Suppliers | 440/4 | €1,134 | €4,298 | +€3,164 | +279% |
| Taxes, remuneration and social security | 45 | €16,410 | €77,905 | +€61,495 | +375% |
| Taxes | 450/3 | €14,410 | €77,905 | +€63,495 | +441% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €49,955 | €339,924 | +€289,969 | +580% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,368 | €107,567 | +€55,199 | +105% |
| Other operating charges | 640/8 | €6,180 | €8,578 | +€2,398 | +38.8% |
| Gross operating margin | 9900 | €268,905 | €396,586 | +€127,680 | +47.5% |
| Operating profit (loss) | 9901 | €210,357 | €280,440 | +€70,083 | +33.3% |
| Financial income | 75/76B | €6,729 | €367 | -€6,362 | -94.5% |
| Recurring financial income | 75 | €6,729 | €367 | -€6,362 | -94.5% |
| Financial charges | 65/66B | €11,958 | €13,950 | +€1,993 | +16.7% |
| Recurring financial charges | 65 | €11,958 | €13,950 | +€1,993 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €205,129 | €266,857 | +€61,729 | +30.1% |
| Income taxes | 67/77 | €51,526 | €67,273 | +€15,747 | +30.6% |
| Profit (loss) for the period | 9904 | €153,602 | €199,584 | +€45,982 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €153,602 | €199,584 | +€45,982 | +29.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.