LINKO: 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.
LINKO
Largest movements
- Receivables within one year -€30,236
no longer reported in 2025 (was €30,236)
- Cash +€21,484
up €21,484 (+13.0%), from €165,022 to €186,506
mainly Net result for the year (+€130,129) and Receivables within one year (+€30,236)
- Tangible fixed assets +€6,038
up €6,038 (+3.3%), from €184,907 to €190,945
of which Furniture and vehicles: +€19,913
- Other debts -€16,834
down €16,834 (-23.9%), from €70,370 to €53,536
- Profit (loss) carried forward +€10,129
up €10,129 (+2.8%), from €358,629 to €368,759
- Tax, wage and social debts +€6,366
up €6,366 (+28.7%), from €22,173 to €28,539
of which Taxes: +€4,170
- Depreciation +€4,720
up €4,720 (+24.7%), from €19,106 to €23,826
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 | €533,132 | €531,878 | -€1,254 | -0.2% |
| Fixed assets | 21/28 | €319,371 | €325,409 | +€6,038 | +1.9% |
| Tangible fixed assets | 22/27 | €184,907 | €190,945 | +€6,038 | +3.3% |
| Land and buildings | 22 | €110,487 | €102,616 | -€7,871 | -7.1% |
| Plant, machinery and equipment | 23 | €71,818 | €65,814 | -€6,004 | -8.4% |
| Furniture and vehicles | 24 | €102 | €20,015 | +€19,913 | +19535.9% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €134,464 | €134,464 | = | 0.0% |
| Current assets | 29/58 | €213,761 | €206,469 | -€7,292 | -3.4% |
| Amounts receivable within one year | 40/41 | €30,236 | - | -€30,236 | |
| Trade receivables | 40 | €30,236 | - | -€30,236 | |
| Cash at bank and in hand | 54/58 | €165,022 | €186,506 | +€21,484 | +13.0% |
| Deferred charges and accrued income | 490/1 | €18,503 | €19,963 | +€1,460 | +7.9% |
| Total equity and liabilities | 10/49 | €533,132 | €531,878 | -€1,254 | -0.2% |
| Equity | 10/15 | €391,484 | €401,613 | +€10,129 | +2.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Revaluation surpluses | 12 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,629 | €368,759 | +€10,129 | +2.8% |
| Amounts payable | 17/49 | €141,648 | €130,265 | -€11,383 | -8.0% |
| Amounts payable after more than one year | 17 | €1,900 | €3,600 | +€1,700 | +89.5% |
| Other amounts payable | 178/9 | €1,900 | €3,600 | +€1,700 | +89.5% |
| Amounts payable within one year | 42/48 | €139,748 | €125,083 | -€14,666 | -10.5% |
| Financial debts | 43 | €36,667 | €36,667 | = | 0.0% |
| Credit institutions | 430/8 | €36,667 | €36,667 | = | 0.0% |
| Trade debts | 44 | €10,539 | €6,341 | -€4,198 | -39.8% |
| Suppliers | 440/4 | €10,539 | €6,341 | -€4,198 | -39.8% |
| Taxes, remuneration and social security | 45 | €22,173 | €28,539 | +€6,366 | +28.7% |
| Taxes | 450/3 | €13,130 | €17,300 | +€4,170 | +31.8% |
| Remuneration and social security | 454/9 | €9,043 | €11,240 | +€2,197 | +24.3% |
| Other amounts payable | 47/48 | €70,370 | €53,536 | -€16,834 | -23.9% |
| Accrued charges and deferred income | 492/3 | - | €1,582 | +€1,582 | |
| Remuneration, social security and pensions | 62 | €55,784 | €57,144 | +€1,360 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,106 | €23,826 | +€4,720 | +24.7% |
| Other operating charges | 640/8 | €4,177 | €2,985 | -€1,193 | -28.6% |
| Gross operating margin | 9900 | €262,389 | €264,619 | +€2,230 | +0.8% |
| Operating profit (loss) | 9901 | €183,321 | €180,664 | -€2,657 | -1.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,325 | €2,937 | -€1,388 | -32.1% |
| Recurring financial charges | 65 | €4,325 | €2,835 | -€1,490 | -34.4% |
| Non-recurring financial charges | 66B | - | €102 | +€102 | |
| Profit (loss) for the period before taxes | 9903 | €178,996 | €177,728 | -€1,268 | -0.7% |
| Income taxes | 67/77 | €47,237 | €47,598 | +€362 | +0.8% |
| Profit (loss) for the period | 9904 | €131,759 | €130,129 | -€1,630 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €131,759 | €130,129 | -€1,630 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.