linkx: 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.
linkx
Largest movements
- Cash +€149,451
up €149,451 (+523.4%), from €28,553 to €178,005
mainly Net result for the year (+€79,626) and Depreciation (+€36,117)
- Tangible fixed assets -€55,683
down €55,683 (-16.1%), from €345,767 to €290,085
of which Furniture and vehicles: -€38,630
- Reserves +€79,626
up €79,626 (+20.1%), from €396,503 to €476,129
- Tax, wage and social debts +€19,995
new in 2025: €19,995
- Gross operating margin +€100,903
up €100,903 (+129.8%), from €77,763 to €178,666
- Taxes +€31,511
up €31,511 (+349.5%), from €9,017 to €40,528
- Financial charges +€12,511
up €12,511 (+4776.6%), from €262 to €12,773
of which Non-recurring financial charges: +€12,452
- Depreciation -€7,875
down €7,875 (-17.9%), from €43,992 to €36,117
- Other operating charges +€3,694
up €3,694 (+677.8%), from €545 to €4,239
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 | €428,552 | €525,796 | +€97,244 | +22.7% |
| Fixed assets | 21/28 | €345,767 | €290,085 | -€55,683 | -16.1% |
| Tangible fixed assets | 22/27 | €345,767 | €290,085 | -€55,683 | -16.1% |
| Land and buildings | 22 | €261,184 | €241,282 | -€19,902 | -7.6% |
| Plant, machinery and equipment | 23 | €10,072 | €12,921 | +€2,850 | +28.3% |
| Furniture and vehicles | 24 | €74,511 | €35,881 | -€38,630 | -51.8% |
| Current assets | 29/58 | €82,785 | €235,712 | +€152,926 | +184.7% |
| Amounts receivable within one year | 40/41 | €54,232 | €57,707 | +€3,475 | +6.4% |
| Trade receivables | 40 | €37,746 | €42,698 | +€4,952 | +13.1% |
| Other amounts receivable | 41 | €16,486 | €15,009 | -€1,477 | -9.0% |
| Cash at bank and in hand | 54/58 | €28,553 | €178,005 | +€149,451 | +523.4% |
| Total equity and liabilities | 10/49 | €428,552 | €525,796 | +€97,244 | +22.7% |
| Equity | 10/15 | €402,703 | €482,329 | +€79,626 | +19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €396,503 | €476,129 | +€79,626 | +20.1% |
| Non-distributable reserves | 130/1 | €396,503 | €476,129 | +€79,626 | +20.1% |
| Reserves not available under the articles | 1311 | €396,503 | €476,129 | +€79,626 | +20.1% |
| Amounts payable | 17/49 | €25,849 | €43,468 | +€17,618 | +68.2% |
| Amounts payable within one year | 42/48 | €22,093 | €36,406 | +€14,313 | +64.8% |
| Trade debts | 44 | €17,648 | €16,412 | -€1,237 | -7.0% |
| Suppliers | 440/4 | €17,648 | €16,412 | -€1,237 | -7.0% |
| Taxes, remuneration and social security | 45 | - | €19,995 | +€19,995 | |
| Taxes | 450/3 | - | €19,995 | +€19,995 | |
| Other amounts payable | 47/48 | €4,445 | - | -€4,445 | |
| Accrued charges and deferred income | 492/3 | €3,756 | €7,061 | +€3,305 | +88.0% |
| Remuneration, social security and pensions | 62 | €6,900 | €6,294 | -€606 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,992 | €36,117 | -€7,875 | -17.9% |
| Other operating charges | 640/8 | €545 | €4,239 | +€3,694 | +677.8% |
| Gross operating margin | 9900 | €77,763 | €178,666 | +€100,903 | +129.8% |
| Operating profit (loss) | 9901 | €26,326 | €132,016 | +€105,690 | +401.5% |
| Financial income | 75/76B | €307 | €910 | +€604 | +196.8% |
| Recurring financial income | 75 | €307 | €910 | +€604 | +196.8% |
| Financial charges | 65/66B | €262 | €12,773 | +€12,511 | +4776.6% |
| Recurring financial charges | 65 | €262 | €320 | +€58 | +22.3% |
| Non-recurring financial charges | 66B | - | €12,452 | +€12,452 | |
| Profit (loss) for the period before taxes | 9903 | €26,371 | €120,154 | +€93,783 | +355.6% |
| Income taxes | 67/77 | €9,017 | €40,528 | +€31,511 | +349.5% |
| Profit (loss) for the period | 9904 | €17,354 | €79,626 | +€62,271 | +358.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,354 | €79,626 | +€62,271 | +358.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.