LINO: 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.
LINO
Largest movements
- Cash -€8,554
down €8,554 (-65.4%), from €13,083 to €4,529
mainly Net result for the year (-€24,001) and Trade debts (-€12,141)
- Tangible fixed assets -€7,660
down €7,660 (-4.3%), from €178,585 to €170,925
of which Land and buildings: -€7,113
- Stocks and contracts -€7,108
no longer reported in 2025 (was €7,108)
- Receivables within one year -€5,476
down €5,476 (-98.3%), from €5,568 to €92
- Profit (loss) carried forward -€24,001
down €24,001 (-80.6%), from -€29,789 to -€53,790
- Other debts +€23,207
up €23,207 (+71.3%), from €32,566 to €55,773
- Trade debts -€12,141
down €12,141 (-99.9%), from €12,156 to €15
- Debts after one year -€9,269
down €9,269 (-6.8%), from €135,585 to €126,316
- Tax, wage and social debts -€6,848
down €6,848 (-55.7%), from €12,285 to €5,437
of which Remuneration and social security: -€5,515
- Gross operating margin -€41,151
down €41,151 (-56.0%), from €73,505 to €32,354
- Staff costs -€34,707
down €34,707 (-44.8%), from €77,482 to €42,775
- Depreciation -€1,427
down €1,427 (-15.7%), from €9,087 to €7,660
- Other operating charges -€834
down €834 (-37.3%), from €2,236 to €1,402
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 | €206,441 | €175,546 | -€30,895 | -15.0% |
| Fixed assets | 21/28 | €179,722 | €170,925 | -€8,797 | -4.9% |
| Tangible fixed assets | 22/27 | €178,585 | €170,925 | -€7,660 | -4.3% |
| Land and buildings | 22 | €176,390 | €169,277 | -€7,113 | -4.0% |
| Plant, machinery and equipment | 23 | €2,195 | €1,648 | -€547 | -24.9% |
| Financial fixed assets | 28 | €1,137 | €0 | -€1,137 | -100% |
| Current assets | 29/58 | €26,719 | €4,621 | -€22,098 | -82.7% |
| Stocks and contracts in progress | 3 | €7,108 | - | -€7,108 | |
| Stocks | 30/36 | €7,108 | - | -€7,108 | |
| Amounts receivable within one year | 40/41 | €5,568 | €92 | -€5,476 | -98.3% |
| Trade receivables | 40 | €5,568 | €92 | -€5,476 | -98.3% |
| Cash at bank and in hand | 54/58 | €13,083 | €4,529 | -€8,554 | -65.4% |
| Deferred charges and accrued income | 490/1 | €960 | - | -€960 | |
| Total equity and liabilities | 10/49 | €206,441 | €175,546 | -€30,895 | -15.0% |
| Equity | 10/15 | €211 | -€23,790 | -€24,001 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,789 | -€53,790 | -€24,001 | -80.6% |
| Amounts payable | 17/49 | €206,230 | €199,336 | -€6,894 | -3.3% |
| Amounts payable after more than one year | 17 | €135,585 | €126,316 | -€9,269 | -6.8% |
| Financial debts | 170/4 | €135,585 | €126,316 | -€9,269 | -6.8% |
| Amounts payable within one year | 42/48 | €70,645 | €72,780 | +€2,135 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €13,638 | €11,555 | -€2,083 | -15.3% |
| Trade debts | 44 | €12,156 | €15 | -€12,141 | -99.9% |
| Suppliers | 440/4 | €12,156 | €15 | -€12,141 | -99.9% |
| Taxes, remuneration and social security | 45 | €12,285 | €5,437 | -€6,848 | -55.7% |
| Taxes | 450/3 | €2,247 | €914 | -€1,333 | -59.3% |
| Remuneration and social security | 454/9 | €10,038 | €4,523 | -€5,515 | -54.9% |
| Other amounts payable | 47/48 | €32,566 | €55,773 | +€23,207 | +71.3% |
| Accrued charges and deferred income | 492/3 | - | €240 | +€240 | |
| Non-recurring operating income | 76A | €1,669 | - | -€1,669 | |
| Remuneration, social security and pensions | 62 | €77,482 | €42,775 | -€34,707 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,087 | €7,660 | -€1,427 | -15.7% |
| Other operating charges | 640/8 | €2,236 | €1,402 | -€834 | -37.3% |
| Gross operating margin | 9900 | €73,505 | €32,354 | -€41,151 | -56.0% |
| Operating profit (loss) | 9901 | -€15,300 | -€19,483 | -€4,183 | -27.3% |
| Financial income | 75/76B | €1 | €394 | +€393 | +39,300% |
| Recurring financial income | 75 | €1 | €293 | +€292 | +29,200% |
| Non-recurring financial income | 76B | - | €101 | +€101 | |
| Financial charges | 65/66B | €4,627 | €4,912 | +€285 | +6.2% |
| Recurring financial charges | 65 | €4,627 | €3,737 | -€890 | -19.2% |
| Non-recurring financial charges | 66B | - | €1,175 | +€1,175 | |
| Profit (loss) for the period before taxes | 9903 | -€19,926 | -€24,001 | -€4,075 | -20.5% |
| Income taxes | 67/77 | -€132 | - | +€132 | |
| Profit (loss) for the period | 9904 | -€19,794 | -€24,001 | -€4,207 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,794 | -€24,001 | -€4,207 | -21.3% |
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 16 October 2026 via checked.be.