LINKSACHTER: 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.
LINKSACHTER
Largest movements
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Tangible fixed assets +€14,701
up €14,701 (+130.5%), from €11,269 to €25,970
of which Other tangible fixed assets: +€13,105
- Cash -€9,854
down €9,854 (-21.9%), from €45,096 to €35,242
mainly Tax, wage and social debts (-€27,430) and Investment in fixed assets (net) (-€17,601)
- Deferred charges and accrued income -€4,497
down €4,497 (-35.8%), from €12,551 to €8,054
- Receivables within one year +€1,815
up €1,815 (+30.0%), from €6,050 to €7,865
- Tax, wage and social debts -€27,430
down €27,430 (-86.7%), from €31,633 to €4,203
- Reserves -€8,651
down €8,651 (-12.7%), from €68,261 to €59,610
- Other debts +€8,461
up €8,461 (+3521.2%), from €240 to €8,702
- Depreciation +€660
up €660 (+29.4%), from €2,240 to €2,900
- Financial charges -€309
down €309 (-20.1%), from €1,535 to €1,226
- Financial income +€239
up €239 (+9248.4%), from €3 to €241
- Taxes -€227
down €227 (-76.0%), from €299 to €72
- Other operating charges -€220
down €220 (-29.7%), from €739 to €520
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 | €104,966 | €77,131 | -€27,835 | -26.5% |
| Fixed assets | 21/28 | €11,269 | €25,970 | +€14,701 | +130.5% |
| Tangible fixed assets | 22/27 | €11,269 | €25,970 | +€14,701 | +130.5% |
| Plant, machinery and equipment | 23 | €1,457 | €3,904 | +€2,446 | +167.8% |
| Furniture and vehicles | 24 | €2,188 | €1,337 | -€850 | -38.9% |
| Other tangible fixed assets | 26 | €7,623 | €20,729 | +€13,105 | +171.9% |
| Current assets | 29/58 | €93,697 | €51,161 | -€42,536 | -45.4% |
| Amounts receivable within one year | 40/41 | €6,050 | €7,865 | +€1,815 | +30.0% |
| Trade receivables | 40 | €6,050 | €7,865 | +€1,815 | +30.0% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €45,096 | €35,242 | -€9,854 | -21.9% |
| Deferred charges and accrued income | 490/1 | €12,551 | €8,054 | -€4,497 | -35.8% |
| Total equity and liabilities | 10/49 | €104,966 | €77,131 | -€27,835 | -26.5% |
| Equity | 10/15 | €72,197 | €62,869 | -€9,328 | -12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,261 | €59,610 | -€8,651 | -12.7% |
| Distributable reserves | 133 | €68,261 | €59,610 | -€8,651 | -12.7% |
| Profit (loss) carried forward | 14 | -€1,064 | -€1,741 | -€678 | -63.7% |
| Amounts payable | 17/49 | €32,769 | €14,262 | -€18,506 | -56.5% |
| Amounts payable within one year | 42/48 | €32,769 | €14,262 | -€18,506 | -56.5% |
| Trade debts | 44 | €895 | €1,358 | +€462 | +51.7% |
| Suppliers | 440/4 | €895 | €1,358 | +€462 | +51.7% |
| Taxes, remuneration and social security | 45 | €31,633 | €4,203 | -€27,430 | -86.7% |
| Taxes | 450/3 | €31,633 | €4,203 | -€27,430 | -86.7% |
| Other amounts payable | 47/48 | €240 | €8,702 | +€8,461 | +3521.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,240 | €2,900 | +€660 | +29.4% |
| Other operating charges | 640/8 | €739 | €520 | -€220 | -29.7% |
| Gross operating margin | 9900 | €3,747 | €3,799 | +€52 | +1.4% |
| Operating profit (loss) | 9901 | €767 | €379 | -€388 | -50.6% |
| Financial income | 75/76B | €3 | €241 | +€239 | +9248.4% |
| Recurring financial income | 75 | €3 | €241 | +€239 | +9248.4% |
| Financial charges | 65/66B | €1,535 | €1,226 | -€309 | -20.1% |
| Recurring financial charges | 65 | €1,535 | €1,226 | -€309 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€765 | -€606 | +€159 | +20.8% |
| Income taxes | 67/77 | €299 | €72 | -€227 | -76.0% |
| Profit (loss) for the period | 9904 | -€1,064 | -€678 | +€386 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,064 | -€678 | +€386 | +36.3% |
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 7 October 2026 via checked.be.