LINO TRANS: 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 TRANS
Largest movements
- Tangible fixed assets -€223,336
down €223,336 (-50.9%), from €438,877 to €215,541
of which Leasing and similar rights: -€215,230
- Receivables within one year +€63,464
up €63,464 (+30.6%), from €207,170 to €270,634
of which Trade receivables: +€104,117
- Cash +€11,377
up €11,377 (+22,717%), from €50 to €11,427
mainly Depreciation (+€226,428) and Tax, wage and social debts (+€98,908)
- Profit (loss) carried forward -€237,757
down €237,757 (-146%), from -€162,991 to -€400,748
- Tax, wage and social debts +€98,908
up €98,908 (+71.3%), from €138,662 to €237,569
of which Taxes: +€75,815
- Trade debts +€86,966
up €86,966 (+93.3%), from €93,166 to €180,131
- Debts after one year -€48,309
down €48,309 (-15.9%), from €303,088 to €254,779
of which Financial debts: -€32,350
- Current portion of long-term debt -€39,176
down €39,176 (-16.7%), from €234,757 to €195,581
- Financial charges +€106,863
up €106,863 (+248%), from €43,158 to €150,021
of which Non-recurring financial charges: +€129,241
- Gross operating margin +€39,200
up €39,200 (+6.7%), from €587,498 to €626,698
- Staff costs -€22,632
down €22,632 (-4.7%), from €484,052 to €461,421
- Depreciation +€13,461
up €13,461 (+6.3%), from €212,967 to €226,428
- Other operating charges -€7,550
down €7,550 (-26.8%), from €28,143 to €20,593
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 | €652,260 | €502,811 | -€149,450 | -22.9% |
| Fixed assets | 21/28 | €438,877 | €217,279 | -€221,598 | -50.5% |
| Tangible fixed assets | 22/27 | €438,877 | €215,541 | -€223,336 | -50.9% |
| Land and buildings | 22 | €30,382 | €24,597 | -€5,785 | -19.0% |
| Plant, machinery and equipment | 23 | €8,443 | €7,488 | -€955 | -11.3% |
| Furniture and vehicles | 24 | €4,316 | €2,949 | -€1,367 | -31.7% |
| Leasing and similar rights | 25 | €395,737 | €180,507 | -€215,230 | -54.4% |
| Financial fixed assets | 28 | - | €1,738 | +€1,738 | |
| Current assets | 29/58 | €213,383 | €285,532 | +€72,149 | +33.8% |
| Amounts receivable within one year | 40/41 | €207,170 | €270,634 | +€63,464 | +30.6% |
| Trade receivables | 40 | €125,286 | €229,403 | +€104,117 | +83.1% |
| Other amounts receivable | 41 | €81,884 | €41,231 | -€40,653 | -49.6% |
| Cash at bank and in hand | 54/58 | €50 | €11,427 | +€11,377 | +22,717% |
| Deferred charges and accrued income | 490/1 | €6,163 | €3,471 | -€2,692 | -43.7% |
| Total equity and liabilities | 10/49 | €652,260 | €502,811 | -€149,450 | -22.9% |
| Equity | 10/15 | -€144,391 | -€382,148 | -€237,757 | -165% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,991 | -€400,748 | -€237,757 | -146% |
| Amounts payable | 17/49 | €796,651 | €884,959 | +€88,307 | +11.1% |
| Amounts payable after more than one year | 17 | €303,088 | €254,779 | -€48,309 | -15.9% |
| Financial debts | 170/4 | €287,130 | €254,779 | -€32,350 | -11.3% |
| Other amounts payable | 178/9 | €15,958 | - | -€15,958 | |
| Amounts payable within one year | 42/48 | €493,564 | €630,179 | +€136,616 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €234,757 | €195,581 | -€39,176 | -16.7% |
| Financial debts | 43 | €24,980 | €14,898 | -€10,082 | -40.4% |
| Credit institutions | 430/8 | €24,980 | €14,898 | -€10,082 | -40.4% |
| Trade debts | 44 | €93,166 | €180,131 | +€86,966 | +93.3% |
| Suppliers | 440/4 | €93,166 | €180,131 | +€86,966 | +93.3% |
| Taxes, remuneration and social security | 45 | €138,662 | €237,569 | +€98,908 | +71.3% |
| Taxes | 450/3 | €92,234 | €168,050 | +€75,815 | +82.2% |
| Remuneration and social security | 454/9 | €46,427 | €69,519 | +€23,092 | +49.7% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €484,052 | €461,421 | -€22,632 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,967 | €226,428 | +€13,461 | +6.3% |
| Other operating charges | 640/8 | €28,143 | €20,593 | -€7,550 | -26.8% |
| Non-recurring operating charges | 66A | €2,544 | €6,775 | +€4,232 | +166% |
| Gross operating margin | 9900 | €587,498 | €626,698 | +€39,200 | +6.7% |
| Operating profit (loss) | 9901 | -€140,208 | -€88,519 | +€51,689 | +36.9% |
| Financial income | 75/76B | €15 | €1,938 | +€1,922 | +12,531% |
| Recurring financial income | 75 | €15 | €1,938 | +€1,922 | +12,531% |
| Financial charges | 65/66B | €43,158 | €150,021 | +€106,863 | +248% |
| Recurring financial charges | 65 | €43,158 | €20,780 | -€22,377 | -51.9% |
| Non-recurring financial charges | 66B | - | €129,241 | +€129,241 | |
| Profit (loss) for the period before taxes | 9903 | -€183,350 | -€236,602 | -€53,252 | -29.0% |
| Income taxes | 67/77 | €1,903 | €1,155 | -€749 | -39.3% |
| Profit (loss) for the period | 9904 | -€185,254 | -€237,757 | -€52,503 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€185,254 | -€237,757 | -€52,503 | -28.3% |
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 20 October 2026 via checked.be.