LINNK: 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.
LINNK
Largest movements
- Cash +€25,897
up €25,897 (+30.3%), from €85,546 to €111,443
mainly Net result for the year (+€163,950) and Other debts (+€45,383)
- Tangible fixed assets -€19,208
down €19,208 (-3.2%), from €609,420 to €590,212
of which Land and buildings: -€15,225
- Receivables within one year +€10,386
up €10,386 (+14.4%), from €72,049 to €82,435
of which Trade receivables: +€10,386
- Debts after one year -€55,736
down €55,736 (-15.3%), from €365,044 to €309,308
- Reserves +€46,303
up €46,303 (+36.1%), from €128,233 to €174,536
of which Distributable reserves: +€46,303
- Other debts +€45,383
up €45,383 (+40.3%), from €112,732 to €158,116
- Tax, wage and social debts -€15,197
down €15,197 (-20.3%), from €74,930 to €59,733
of which Remuneration and social security: -€10,370
- Gross operating margin +€57,861
up €57,861 (+28.9%), from €200,197 to €258,059
- Taxes +€14,946
up €14,946 (+33.3%), from €44,880 to €59,826
- Other operating charges -€8,395
down €8,395 (-67.7%), from €12,402 to €4,007
- Financial charges -€2,655
down €2,655 (-19.3%), from €13,767 to €11,111
- Depreciation -€2,586
down €2,586 (-11.9%), from €21,794 to €19,208
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 | €770,823 | €790,997 | +€20,174 | +2.6% |
| Fixed assets | 21/28 | €609,470 | €590,262 | -€19,208 | -3.2% |
| Tangible fixed assets | 22/27 | €609,420 | €590,212 | -€19,208 | -3.2% |
| Land and buildings | 22 | €603,200 | €587,975 | -€15,225 | -2.5% |
| Plant, machinery and equipment | 23 | €454 | €135 | -€320 | -70.4% |
| Furniture and vehicles | 24 | €3,950 | €2,103 | -€1,847 | -46.8% |
| Other tangible fixed assets | 26 | €1,817 | €0 | -€1,817 | -100.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €161,352 | €200,735 | +€39,382 | +24.4% |
| Amounts receivable within one year | 40/41 | €72,049 | €82,435 | +€10,386 | +14.4% |
| Trade receivables | 40 | €72,049 | €82,435 | +€10,386 | +14.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,546 | €111,443 | +€25,897 | +30.3% |
| Deferred charges and accrued income | 490/1 | €3,758 | €6,856 | +€3,099 | +82.5% |
| Total equity and liabilities | 10/49 | €770,823 | €790,997 | +€20,174 | +2.6% |
| Equity | 10/15 | €148,233 | €194,536 | +€46,303 | +31.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €128,233 | €174,536 | +€46,303 | +36.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €128,233 | €174,536 | +€46,303 | +36.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €622,590 | €596,461 | -€26,129 | -4.2% |
| Amounts payable after more than one year | 17 | €365,044 | €309,308 | -€55,736 | -15.3% |
| Financial debts | 170/4 | €365,044 | €309,308 | -€55,736 | -15.3% |
| Amounts payable within one year | 42/48 | €254,092 | €283,987 | +€29,895 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €55,044 | €55,736 | +€692 | +1.3% |
| Trade debts | 44 | €11,385 | €10,402 | -€983 | -8.6% |
| Suppliers | 440/4 | €11,385 | €10,402 | -€983 | -8.6% |
| Taxes, remuneration and social security | 45 | €74,930 | €59,733 | -€15,197 | -20.3% |
| Taxes | 450/3 | €64,561 | €59,733 | -€4,827 | -7.5% |
| Remuneration and social security | 454/9 | €10,370 | €0 | -€10,370 | -100.0% |
| Other amounts payable | 47/48 | €112,732 | €158,116 | +€45,383 | +40.3% |
| Accrued charges and deferred income | 492/3 | €3,454 | €3,166 | -€288 | -8.3% |
| Non-recurring operating income | 76A | €7,851 | €0 | -€7,851 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,794 | €19,208 | -€2,586 | -11.9% |
| Other operating charges | 640/8 | €12,402 | €4,007 | -€8,395 | -67.7% |
| Gross operating margin | 9900 | €200,197 | €258,059 | +€57,861 | +28.9% |
| Operating profit (loss) | 9901 | €166,001 | €234,843 | +€68,842 | +41.5% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €13,767 | €11,111 | -€2,655 | -19.3% |
| Recurring financial charges | 65 | €13,767 | €11,111 | -€2,655 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €152,234 | €223,775 | +€71,541 | +47.0% |
| Income taxes | 67/77 | €44,880 | €59,826 | +€14,946 | +33.3% |
| Profit (loss) for the period | 9904 | €107,355 | €163,950 | +€56,595 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,355 | €163,950 | +€56,595 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.