Lino & Nouch: 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 & Nouch
Largest movements
- Cash -€43,763
down €43,763 (-86.5%), from €50,572 to €6,808
mainly Trade debts (-€37,889) and Net result for the year (-€24,235)
- Receivables within one year -€33,239
down €33,239 (-80.3%), from €41,384 to €8,145
- Tangible fixed assets -€12,399
down €12,399 (-50.5%), from €24,545 to €12,146
of which Plant, machinery and equipment: -€8,023
- Stocks and contracts -€3,821
down €3,821 (-9.5%), from €40,382 to €36,561
of which Stocks: -€3,821
- Trade debts -€37,889
down €37,889 (-64.4%), from €58,867 to €20,978
- Profit (loss) carried forward -€24,235
down €24,235, from €16,396 to -€7,839
- Other debts -€21,132
down €21,132 (-43.4%), from €48,663 to €27,531
- Tax, wage and social debts -€7,228
down €7,228 (-27.1%), from €26,688 to €19,460
of which Taxes: -€7,541
- Gross operating margin -€58,432
down €58,432 (-25.4%), from €230,306 to €171,874
- Depreciation -€21,240
down €21,240 (-57.3%), from €37,060 to €15,819
- Staff costs -€9,110
down €9,110 (-5.0%), from €183,930 to €174,819
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 | €156,882 | €64,361 | -€92,522 | -59.0% |
| Fixed assets | 21/28 | €24,545 | €12,146 | -€12,399 | -50.5% |
| Tangible fixed assets | 22/27 | €24,545 | €12,146 | -€12,399 | -50.5% |
| Plant, machinery and equipment | 23 | €16,870 | €8,847 | -€8,023 | -47.6% |
| Furniture and vehicles | 24 | €6,476 | €2,500 | -€3,976 | -61.4% |
| Other tangible fixed assets | 26 | €1,199 | €799 | -€400 | -33.4% |
| Current assets | 29/58 | €132,338 | €52,214 | -€80,123 | -60.5% |
| Stocks and contracts in progress | 3 | €40,382 | €36,561 | -€3,821 | -9.5% |
| Stocks | 30/36 | €32,882 | €29,061 | -€3,821 | -11.6% |
| Contracts in progress | 37 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,384 | €8,145 | -€33,239 | -80.3% |
| Trade receivables | 40 | €41,384 | €8,145 | -€33,239 | -80.3% |
| Cash at bank and in hand | 54/58 | €50,572 | €6,808 | -€43,763 | -86.5% |
| Deferred charges and accrued income | 490/1 | - | €700 | +€700 | |
| Total equity and liabilities | 10/49 | €156,882 | €64,361 | -€92,522 | -59.0% |
| Equity | 10/15 | €19,396 | -€4,839 | -€24,235 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,396 | -€7,839 | -€24,235 | |
| Amounts payable | 17/49 | €137,486 | €69,200 | -€68,287 | -49.7% |
| Amounts payable after more than one year | 17 | €1,215 | - | -€1,215 | |
| Financial debts | 170/4 | €1,215 | - | -€1,215 | |
| Amounts payable within one year | 42/48 | €136,271 | €69,183 | -€67,087 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €2,053 | €1,215 | -€838 | -40.8% |
| Trade debts | 44 | €58,867 | €20,978 | -€37,889 | -64.4% |
| Suppliers | 440/4 | €58,867 | €20,978 | -€37,889 | -64.4% |
| Taxes, remuneration and social security | 45 | €26,688 | €19,460 | -€7,228 | -27.1% |
| Taxes | 450/3 | €20,608 | €13,067 | -€7,541 | -36.6% |
| Remuneration and social security | 454/9 | €6,080 | €6,392 | +€312 | +5.1% |
| Other amounts payable | 47/48 | €48,663 | €27,531 | -€21,132 | -43.4% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €183,930 | €174,819 | -€9,110 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,060 | €15,819 | -€21,240 | -57.3% |
| Other operating charges | 640/8 | €929 | €1,877 | +€948 | +102% |
| Gross operating margin | 9900 | €230,306 | €171,874 | -€58,432 | -25.4% |
| Operating profit (loss) | 9901 | €8,387 | -€20,642 | -€29,029 | |
| Financial income | 75/76B | €12 | €41 | +€29 | +230% |
| Recurring financial income | 75 | €12 | €41 | +€29 | +230% |
| Financial charges | 65/66B | €3,406 | €3,634 | +€228 | +6.7% |
| Recurring financial charges | 65 | €3,406 | €3,634 | +€228 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €4,993 | -€24,235 | -€29,229 | |
| Income taxes | 67/77 | €1,424 | - | -€1,424 | |
| Profit (loss) for the period | 9904 | €3,569 | -€24,235 | -€27,805 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,569 | -€24,235 | -€27,805 |
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 19 October 2026 via checked.be.