LINMAL: 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.
LINMAL
Largest movements
- Cash +€33,069
up €33,069 (+77.2%), from €42,843 to €75,912
mainly Net result for the year (+€26,345) and Stocks and contracts (+€9,000)
- Stocks and contracts -€9,000
down €9,000 (-60.3%), from €14,921 to €5,921
- Receivables within one year +€4,906
up €4,906 (+66.9%), from €7,335 to €12,241
- Profit (loss) carried forward +€26,345
up €26,345 (+60.2%), from -€43,775 to -€17,430
- Tax, wage and social debts +€2,856
up €2,856 (+113.6%), from €2,514 to €5,370
- Gross operating margin +€11,086
up €11,086 (+35.2%), from €31,523 to €42,609
- Write-downs +€9,000
new in 2025: €9,000
- Taxes +€3,377
new in 2025: €3,377
- Other operating charges +€855
new in 2025: €855
- Financial charges -€507
down €507 (-14.3%), from €3,540 to €3,033
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 | €70,142 | €99,116 | +€28,974 | +41.3% |
| Fixed assets | 21/28 | €5,043 | €5,043 | = | 0.0% |
| Financial fixed assets | 28 | €5,043 | €5,043 | = | 0.0% |
| Current assets | 29/58 | €65,099 | €94,073 | +€28,974 | +44.5% |
| Stocks and contracts in progress | 3 | €14,921 | €5,921 | -€9,000 | -60.3% |
| Stocks | 30/36 | €14,921 | €5,921 | -€9,000 | -60.3% |
| Amounts receivable within one year | 40/41 | €7,335 | €12,241 | +€4,906 | +66.9% |
| Trade receivables | 40 | €7,335 | €12,241 | +€4,906 | +66.9% |
| Cash at bank and in hand | 54/58 | €42,843 | €75,912 | +€33,069 | +77.2% |
| Total equity and liabilities | 10/49 | €70,142 | €99,116 | +€28,974 | +41.3% |
| Equity | 10/15 | €24,435 | €50,780 | +€26,345 | +107.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,210 | €6,210 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,493 | €5,493 | = | 0.0% |
| Legal reserve | 130 | €5,493 | €5,493 | = | 0.0% |
| Distributable reserves | 133 | €717 | €717 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,775 | -€17,430 | +€26,345 | +60.2% |
| Amounts payable | 17/49 | €45,707 | €48,336 | +€2,630 | +5.8% |
| Amounts payable within one year | 42/48 | €42,392 | €45,480 | +€3,089 | +7.3% |
| Trade debts | 44 | - | €213 | +€213 | |
| Suppliers | 440/4 | - | €213 | +€213 | |
| Taxes, remuneration and social security | 45 | €2,514 | €5,370 | +€2,856 | +113.6% |
| Taxes | 450/3 | €2,514 | €5,370 | +€2,856 | +113.6% |
| Other amounts payable | 47/48 | €39,878 | €39,896 | +€19 | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,315 | €2,856 | -€459 | -13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,000 | +€9,000 | |
| Other operating charges | 640/8 | - | €855 | +€855 | |
| Gross operating margin | 9900 | €31,523 | €42,609 | +€11,086 | +35.2% |
| Operating profit (loss) | 9901 | €31,523 | €32,754 | +€1,231 | +3.9% |
| Financial charges | 65/66B | €3,540 | €3,033 | -€507 | -14.3% |
| Recurring financial charges | 65 | €3,540 | €3,033 | -€507 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €27,983 | €29,721 | +€1,739 | +6.2% |
| Income taxes | 67/77 | - | €3,377 | +€3,377 | |
| Profit (loss) for the period | 9904 | €27,983 | €26,345 | -€1,638 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,983 | €26,345 | -€1,638 | -5.9% |
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 12 October 2026 via checked.be.