Linnenveldhof: 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.
Linnenveldhof
Largest movements
- Tangible fixed assets -€40,994
down €40,994 (-15.5%), from €263,956 to €222,962
of which Land and buildings: -€39,530
- Cash +€17,414
up €17,414 (+720%), from €2,417 to €19,831
mainly Depreciation (+€44,148) and Net result for the year (+€20,885)
- Receivables within one year -€13,068
down €13,068 (-46.2%), from €28,314 to €15,246
of which Trade receivables: -€13,068
- Debts after one year -€67,294
down €67,294 (-26.3%), from €256,012 to €188,718
- Profit (loss) carried forward +€18,711
up €18,711, from -€18,711 to €0
- Tax, wage and social debts +€4,432
up €4,432 (+45.4%), from €9,768 to €14,200
of which Taxes: +€6,332
- Gross operating margin +€10,215
up €10,215 (+13.9%), from €73,496 to €83,711
- Taxes +€4,450
new in 2025: €4,450
- Financial charges -€1,137
down €1,137 (-9.8%), from €11,556 to €10,419
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.
Derived cash bridge
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 | €296,008 | €259,604 | -€36,404 | -12.3% |
| Fixed assets | 21/28 | €263,956 | €222,962 | -€40,994 | -15.5% |
| Tangible fixed assets | 22/27 | €263,956 | €222,962 | -€40,994 | -15.5% |
| Land and buildings | 22 | €256,030 | €216,500 | -€39,530 | -15.4% |
| Plant, machinery and equipment | 23 | €7,926 | €6,462 | -€1,464 | -18.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €32,052 | €36,642 | +€4,590 | +14.3% |
| Amounts receivable within one year | 40/41 | €28,314 | €15,246 | -€13,068 | -46.2% |
| Trade receivables | 40 | €28,314 | €15,246 | -€13,068 | -46.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,417 | €19,831 | +€17,414 | +720% |
| Deferred charges and accrued income | 490/1 | €1,321 | €1,565 | +€244 | +18.5% |
| Total equity and liabilities | 10/49 | €296,008 | €259,604 | -€36,404 | -12.3% |
| Equity | 10/15 | -€111 | €20,774 | +€20,885 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €2,174 | +€2,174 | |
| Distributable reserves | 133 | - | €2,174 | +€2,174 | |
| Profit (loss) carried forward | 14 | -€18,711 | €0 | +€18,711 | |
| Amounts payable | 17/49 | €296,119 | €238,830 | -€57,289 | -19.3% |
| Amounts payable after more than one year | 17 | €256,012 | €188,718 | -€67,294 | -26.3% |
| Financial debts | 170/4 | €256,012 | €188,718 | -€67,294 | -26.3% |
| Amounts payable within one year | 42/48 | €38,494 | €45,821 | +€7,326 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €27,525 | €29,031 | +€1,506 | +5.5% |
| Trade debts | 44 | €1,201 | €2,590 | +€1,389 | +116% |
| Suppliers | 440/4 | €1,201 | €2,590 | +€1,389 | +116% |
| Taxes, remuneration and social security | 45 | €9,768 | €14,200 | +€4,432 | +45.4% |
| Taxes | 450/3 | €5,768 | €12,100 | +€6,332 | +110% |
| Remuneration and social security | 454/9 | €4,000 | €2,100 | -€1,900 | -47.5% |
| Accrued charges and deferred income | 492/3 | €1,614 | €4,292 | +€2,678 | +166% |
| Remuneration, social security and pensions | 62 | €43 | €0 | -€43 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,828 | €44,148 | -€679 | -1.5% |
| Other operating charges | 640/8 | €4,163 | €3,808 | -€355 | -8.5% |
| Gross operating margin | 9900 | €73,496 | €83,711 | +€10,215 | +13.9% |
| Operating profit (loss) | 9901 | €24,463 | €35,754 | +€11,292 | +46.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,556 | €10,419 | -€1,137 | -9.8% |
| Recurring financial charges | 65 | €11,556 | €10,419 | -€1,137 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €12,907 | €25,336 | +€12,429 | +96.3% |
| Income taxes | 67/77 | - | €4,450 | +€4,450 | |
| Profit (loss) for the period | 9904 | €12,907 | €20,885 | +€7,979 | +61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,907 | €20,885 | +€7,979 | +61.8% |
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 31 October 2026 via checked.be.