LinkK: 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.
LinkK
Largest movements
- Cash +€38,503
up €38,503 (+42.6%), from €90,485 to €128,988
mainly Net result for the year (+€28,897) and Depreciation (+€7,236)
- Receivables within one year +€5,911
up €5,911 (+27.8%), from €21,258 to €27,169
of which Trade receivables: +€6,162
- Intangible fixed assets -€5,000
down €5,000 (-97.1%), from €5,150 to €150
- Tangible fixed assets -€2,236
down €2,236 (-33.2%), from €6,731 to €4,495
of which Furniture and vehicles: -€1,683
- Reserves +€28,897
up €28,897 (+35.3%), from €81,931 to €110,829
- Other debts +€4,033
up €4,033 (+20.8%), from €19,353 to €23,386
- Tax, wage and social debts +€2,888
up €2,888 (+231.6%), from €1,247 to €4,135
- Gross operating margin +€20,785
up €20,785 (+71.9%), from €28,897 to €49,682
- Taxes +€7,273
up €7,273 (+169.9%), from €4,280 to €11,553
- Depreciation +€709
up €709 (+10.9%), from €6,527 to €7,236
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 | €124,857 | €162,109 | +€37,252 | +29.8% |
| Fixed assets | 21/28 | €11,881 | €4,645 | -€7,236 | -60.9% |
| Intangible fixed assets | 21 | €5,150 | €150 | -€5,000 | -97.1% |
| Tangible fixed assets | 22/27 | €6,731 | €4,495 | -€2,236 | -33.2% |
| Plant, machinery and equipment | 23 | €942 | €389 | -€553 | -58.7% |
| Furniture and vehicles | 24 | €5,788 | €4,106 | -€1,683 | -29.1% |
| Current assets | 29/58 | €112,976 | €157,463 | +€44,487 | +39.4% |
| Amounts receivable within one year | 40/41 | €21,258 | €27,169 | +€5,911 | +27.8% |
| Trade receivables | 40 | €20,996 | €27,158 | +€6,162 | +29.4% |
| Other amounts receivable | 41 | €262 | €11 | -€251 | -96.0% |
| Cash at bank and in hand | 54/58 | €90,485 | €128,988 | +€38,503 | +42.6% |
| Deferred charges and accrued income | 490/1 | €1,234 | €1,306 | +€73 | +5.9% |
| Total equity and liabilities | 10/49 | €124,857 | €162,109 | +€37,252 | +29.8% |
| Equity | 10/15 | €100,531 | €129,429 | +€28,897 | +28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,931 | €110,829 | +€28,897 | +35.3% |
| Distributable reserves | 133 | €81,931 | €110,829 | +€28,897 | +35.3% |
| Amounts payable | 17/49 | €24,326 | €32,680 | +€8,354 | +34.3% |
| Amounts payable within one year | 42/48 | €22,917 | €31,139 | +€8,222 | +35.9% |
| Trade debts | 44 | €2,317 | €3,617 | +€1,300 | +56.1% |
| Suppliers | 440/4 | €2,317 | €3,617 | +€1,300 | +56.1% |
| Taxes, remuneration and social security | 45 | €1,247 | €4,135 | +€2,888 | +231.6% |
| Taxes | 450/3 | €1,247 | €4,135 | +€2,888 | +231.6% |
| Other amounts payable | 47/48 | €19,353 | €23,386 | +€4,033 | +20.8% |
| Accrued charges and deferred income | 492/3 | €1,409 | €1,541 | +€133 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,527 | €7,236 | +€709 | +10.9% |
| Other operating charges | 640/8 | €711 | €687 | -€24 | -3.4% |
| Gross operating margin | 9900 | €28,897 | €49,682 | +€20,785 | +71.9% |
| Operating profit (loss) | 9901 | €21,659 | €41,759 | +€20,100 | +92.8% |
| Financial income | 75/76B | €113 | €331 | +€218 | +192.3% |
| Recurring financial income | 75 | €113 | €331 | +€218 | +192.3% |
| Financial charges | 65/66B | €1,616 | €1,640 | +€24 | +1.5% |
| Recurring financial charges | 65 | €1,616 | €1,640 | +€24 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €20,157 | €40,450 | +€20,293 | +100.7% |
| Income taxes | 67/77 | €4,280 | €11,553 | +€7,273 | +169.9% |
| Profit (loss) for the period | 9904 | €15,877 | €28,897 | +€13,020 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,877 | €28,897 | +€13,020 | +82.0% |
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 5 October 2026 via checked.be.