LINKS CONSULTING: 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.
LINKS CONSULTING
Largest movements
- Tangible fixed assets +€2,315
new in 2025: €2,315
- Cash -€1,480
down €1,480 (-46.2%), from €3,206 to €1,725
mainly Net result for the year (-€53,925) and Trade debts (-€2,934)
- Receivables within one year -€1,041
down €1,041 (-15.4%), from €6,776 to €5,735
of which Trade receivables: -€6,776
- Deferred charges and accrued income +€249
up €249 (+14.5%), from €1,717 to €1,965
- Other debts +€58,289
up €58,289 (+265.9%), from €21,921 to €80,211
- Profit (loss) carried forward -€53,661
down €53,661 (-285.4%), from -€18,800 to -€72,461
- Trade debts -€2,934
down €2,934 (-52.4%), from €5,594 to €2,660
- Tax, wage and social debts -€1,651
down €1,651 (-89.6%), from €1,843 to €192
- Gross operating margin -€33,750
down €33,750 (-194.0%), from -€17,399 to -€51,148
- Financial charges +€1,061
up €1,061 (+85.8%), from €1,237 to €2,298
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 | €12,558 | €12,601 | +€43 | +0.3% |
| Fixed assets | 21/28 | €860 | €3,175 | +€2,315 | +269.2% |
| Tangible fixed assets | 22/27 | - | €2,315 | +€2,315 | |
| Furniture and vehicles | 24 | - | €2,315 | +€2,315 | |
| Financial fixed assets | 28 | €860 | €860 | = | 0.0% |
| Current assets | 29/58 | €11,698 | €9,426 | -€2,272 | -19.4% |
| Amounts receivable within one year | 40/41 | €6,776 | €5,735 | -€1,041 | -15.4% |
| Trade receivables | 40 | €6,776 | - | -€6,776 | |
| Other amounts receivable | 41 | - | €5,735 | +€5,735 | |
| Cash at bank and in hand | 54/58 | €3,206 | €1,725 | -€1,480 | -46.2% |
| Deferred charges and accrued income | 490/1 | €1,717 | €1,965 | +€249 | +14.5% |
| Total equity and liabilities | 10/49 | €12,558 | €12,601 | +€43 | +0.3% |
| Equity | 10/15 | -€16,800 | -€70,461 | -€53,661 | -319.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,800 | -€72,461 | -€53,661 | -285.4% |
| Amounts payable | 17/49 | €29,358 | €83,062 | +€53,704 | +182.9% |
| Amounts payable within one year | 42/48 | €29,358 | €83,062 | +€53,704 | +182.9% |
| Trade debts | 44 | €5,594 | €2,660 | -€2,934 | -52.4% |
| Suppliers | 440/4 | €5,594 | €2,660 | -€2,934 | -52.4% |
| Taxes, remuneration and social security | 45 | €1,843 | €192 | -€1,651 | -89.6% |
| Taxes | 450/3 | €1,843 | €192 | -€1,651 | -89.6% |
| Other amounts payable | 47/48 | €21,921 | €80,211 | +€58,289 | +265.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €185 | +€185 | |
| Other operating charges | 640/8 | €154 | €102 | -€52 | -33.8% |
| Gross operating margin | 9900 | -€17,399 | -€51,148 | -€33,750 | -194.0% |
| Operating profit (loss) | 9901 | -€17,552 | -€51,435 | -€33,883 | -193.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,237 | €2,298 | +€1,061 | +85.8% |
| Recurring financial charges | 65 | €1,237 | €2,298 | +€1,061 | +85.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,788 | -€53,733 | -€34,945 | -186.0% |
| Income taxes | 67/77 | €12 | €192 | +€180 | +1528.0% |
| Profit (loss) for the period | 9904 | -€18,800 | -€53,925 | -€35,125 | -186.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,800 | -€53,925 | -€35,125 | -186.8% |
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 8 October 2026 via checked.be.