LINKO-RAMEN: 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.
LINKO-RAMEN
Largest movements
- Receivables within one year +€21,734
up €21,734 (+43.1%), from €50,419 to €72,153
of which Trade receivables: +€21,734
- Tangible fixed assets +€1,245
up €1,245 (+25.7%), from €4,844 to €6,089
of which Plant, machinery and equipment: +€2,629
- Short-term financial debts +€22,000
new in 2025: €22,000
- Trade debts +€21,884
up €21,884 (+1783.6%), from €1,227 to €23,111
- Profit (loss) carried forward -€15,735
down €15,735 (-992.2%), from -€1,586 to -€17,321
- Debts after one year -€10,417
no longer reported in 2025 (was €10,417)
- Other debts +€7,785
up €7,785 (+705.0%), from €1,104 to €8,889
- Gross operating margin -€10,571
down €10,571, from €2,536 to -€8,035
- Staff costs +€1,885
up €1,885 (+235.3%), from €801 to €2,686
- Financial charges +€1,608
up €1,608 (+180.0%), from €893 to €2,501
- Other operating charges +€197
up €197 (+46.1%), from €428 to €625
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 | €59,225 | €82,467 | +€23,242 | +39.2% |
| Fixed assets | 21/28 | €4,844 | €6,089 | +€1,245 | +25.7% |
| Tangible fixed assets | 22/27 | €4,844 | €6,089 | +€1,245 | +25.7% |
| Plant, machinery and equipment | 23 | - | €2,629 | +€2,629 | |
| Furniture and vehicles | 24 | €4,844 | €3,460 | -€1,384 | -28.6% |
| Current assets | 29/58 | €54,381 | €76,378 | +€21,997 | +40.4% |
| Amounts receivable within one year | 40/41 | €50,419 | €72,153 | +€21,734 | +43.1% |
| Trade receivables | 40 | €38,419 | €60,153 | +€21,734 | +56.6% |
| Other amounts receivable | 41 | €12,000 | €12,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,962 | €4,225 | +€263 | +6.6% |
| Total equity and liabilities | 10/49 | €59,225 | €82,467 | +€23,242 | +39.2% |
| Equity | 10/15 | €23,414 | €7,679 | -€15,735 | -67.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,586 | -€17,321 | -€15,735 | -992.2% |
| Amounts payable | 17/49 | €35,811 | €74,788 | +€38,977 | +108.8% |
| Amounts payable after more than one year | 17 | €10,417 | - | -€10,417 | |
| Financial debts | 170/4 | €10,417 | - | -€10,417 | |
| Amounts payable within one year | 42/48 | €25,394 | €74,425 | +€49,030 | +193.1% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €10,417 | -€2,083 | -16.7% |
| Financial debts | 43 | - | €22,000 | +€22,000 | |
| Credit institutions | 430/8 | - | €22,000 | +€22,000 | |
| Trade debts | 44 | €1,227 | €23,111 | +€21,884 | +1783.6% |
| Suppliers | 440/4 | €1,227 | €23,111 | +€21,884 | +1783.6% |
| Taxes, remuneration and social security | 45 | €10,563 | €10,007 | -€556 | -5.3% |
| Taxes | 450/3 | €10,563 | €10,007 | -€556 | -5.3% |
| Other amounts payable | 47/48 | €1,104 | €8,889 | +€7,785 | +705.0% |
| Accrued charges and deferred income | 492/3 | - | €364 | +€364 | |
| Remuneration, social security and pensions | 62 | €801 | €2,686 | +€1,885 | +235.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,076 | €2,041 | -€35 | -1.7% |
| Other operating charges | 640/8 | €428 | €625 | +€197 | +46.1% |
| Gross operating margin | 9900 | €2,536 | -€8,035 | -€10,571 | |
| Operating profit (loss) | 9901 | -€769 | -€13,387 | -€12,618 | -1640.7% |
| Financial income | 75/76B | €77 | €153 | +€77 | +99.9% |
| Recurring financial income | 75 | €77 | €153 | +€77 | +99.9% |
| Financial charges | 65/66B | €893 | €2,501 | +€1,608 | +180.0% |
| Recurring financial charges | 65 | €893 | €2,501 | +€1,608 | +180.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,586 | -€15,735 | -€14,149 | -892.2% |
| Profit (loss) for the period | 9904 | -€1,586 | -€15,735 | -€14,149 | -892.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,586 | -€15,735 | -€14,149 | -892.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.