LinkUp: 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.
LinkUp
Largest movements
- Tangible fixed assets -€2,837
down €2,837 (-9.8%), from €28,976 to €26,139
of which Furniture and vehicles: -€2,651
- Receivables within one year +€2,595
up €2,595 (+37.6%), from €6,892 to €9,486
of which Trade receivables: +€3,778
- Cash +€1,846
up €1,846 (+5.8%), from €31,686 to €33,532
mainly Depreciation (+€9,870) and Other debts (+€3,247)
- Deferred charges and accrued income +€846
up €846 (+89.4%), from €947 to €1,792
- Other debts +€3,247
up €3,247 (+164.6%), from €1,973 to €5,220
- Tax, wage and social debts -€1,697
no longer reported in 2025 (was €1,697)
of which Remuneration and social security: -€1,156
- Trade debts +€830
up €830 (+41.8%), from €1,987 to €2,817
- Gross operating margin -€2,276
down €2,276 (-18.3%), from €12,412 to €10,136
- Depreciation +€615
up €615 (+6.6%), from €9,256 to €9,870
- Other operating charges -€431
down €431 (-91.7%), from €470 to €39
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 | €68,499 | €70,949 | +€2,450 | +3.6% |
| Fixed assets | 21/28 | €28,976 | €26,139 | -€2,837 | -9.8% |
| Tangible fixed assets | 22/27 | €28,976 | €26,139 | -€2,837 | -9.8% |
| Furniture and vehicles | 24 | €21,557 | €18,906 | -€2,651 | -12.3% |
| Other tangible fixed assets | 26 | €7,418 | €7,233 | -€186 | -2.5% |
| Current assets | 29/58 | €39,524 | €44,810 | +€5,286 | +13.4% |
| Amounts receivable within one year | 40/41 | €6,892 | €9,486 | +€2,595 | +37.6% |
| Trade receivables | 40 | €2,390 | €6,168 | +€3,778 | +158.1% |
| Other amounts receivable | 41 | €4,502 | €3,318 | -€1,183 | -26.3% |
| Cash at bank and in hand | 54/58 | €31,686 | €33,532 | +€1,846 | +5.8% |
| Deferred charges and accrued income | 490/1 | €947 | €1,792 | +€846 | +89.4% |
| Total equity and liabilities | 10/49 | €68,499 | €70,949 | +€2,450 | +3.6% |
| Equity | 10/15 | €62,843 | €62,912 | +€69 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,060 | €22,060 | = | 0.0% |
| Distributable reserves | 133 | €22,060 | €22,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,383 | €28,452 | +€69 | +0.2% |
| Amounts payable | 17/49 | €5,657 | €8,037 | +€2,381 | +42.1% |
| Amounts payable within one year | 42/48 | €5,657 | €8,037 | +€2,381 | +42.1% |
| Trade debts | 44 | €1,987 | €2,817 | +€830 | +41.8% |
| Suppliers | 440/4 | €1,987 | €2,817 | +€830 | +41.8% |
| Taxes, remuneration and social security | 45 | €1,697 | - | -€1,697 | |
| Taxes | 450/3 | €540 | - | -€540 | |
| Remuneration and social security | 454/9 | €1,156 | - | -€1,156 | |
| Other amounts payable | 47/48 | €1,973 | €5,220 | +€3,247 | +164.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,256 | €9,870 | +€615 | +6.6% |
| Other operating charges | 640/8 | €470 | €39 | -€431 | -91.7% |
| Gross operating margin | 9900 | €12,412 | €10,136 | -€2,276 | -18.3% |
| Operating profit (loss) | 9901 | €2,685 | €227 | -€2,459 | -91.6% |
| Financial income | 75/76B | €186 | €236 | +€50 | +26.7% |
| Recurring financial income | 75 | €186 | €236 | +€50 | +26.7% |
| Financial charges | 65/66B | €202 | €147 | -€55 | -27.1% |
| Recurring financial charges | 65 | €202 | €147 | -€55 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €2,670 | €315 | -€2,355 | -88.2% |
| Income taxes | 67/77 | €348 | €246 | -€102 | -29.2% |
| Profit (loss) for the period | 9904 | €2,322 | €69 | -€2,253 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,322 | €69 | -€2,253 | -97.0% |
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 7 October 2026 via checked.be.