LINOA: 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.
LINOA
Largest movements
- Tangible fixed assets +€115,022
up €115,022 (+289.2%), from €39,771 to €154,794
of which Furniture and vehicles: +€118,577
- Deferred charges and accrued income -€53,364
down €53,364 (-98.6%), from €54,111 to €747
- Receivables within one year +€24,555
up €24,555 (+44.7%), from €54,946 to €79,501
of which Trade receivables: +€22,433
- Cash +€23,934
up €23,934 (+30.3%), from €78,880 to €102,814
mainly Other debts (+€101,480) and Deferred charges and accrued income (+€53,364)
- Other debts +€101,480
up €101,480 (+4044.6%), from €2,509 to €103,989
- Tax, wage and social debts +€9,956
up €9,956 (+153.5%), from €6,484 to €16,440
of which Taxes: +€6,908
- Depreciation +€9,173
up €9,173 (+69.0%), from €13,299 to €22,472
- Financial income -€4,886
down €4,886 (-100.0%), from €4,886 to €0
- Taxes -€4,860
down €4,860 (-29.8%), from €16,333 to €11,473
- Gross operating margin -€3,978
down €3,978 (-5.9%), from €67,063 to €63,085
- Financial charges +€2,671
up €2,671 (+986.1%), from €271 to €2,942
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 | €232,873 | €343,020 | +€110,146 | +47.3% |
| Fixed assets | 21/28 | €39,771 | €154,794 | +€115,022 | +289.2% |
| Tangible fixed assets | 22/27 | €39,771 | €154,794 | +€115,022 | +289.2% |
| Plant, machinery and equipment | 23 | €5,628 | €2,073 | -€3,555 | -63.2% |
| Furniture and vehicles | 24 | €34,144 | €152,720 | +€118,577 | +347.3% |
| Current assets | 29/58 | €193,102 | €188,226 | -€4,876 | -2.5% |
| Stocks and contracts in progress | 3 | €5,165 | €5,165 | = | 0.0% |
| Stocks | 30/36 | €5,165 | €5,165 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,946 | €79,501 | +€24,555 | +44.7% |
| Trade receivables | 40 | €18,540 | €40,973 | +€22,433 | +121.0% |
| Other amounts receivable | 41 | €36,406 | €38,527 | +€2,121 | +5.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €78,880 | €102,814 | +€23,934 | +30.3% |
| Deferred charges and accrued income | 490/1 | €54,111 | €747 | -€53,364 | -98.6% |
| Total equity and liabilities | 10/49 | €232,873 | €343,020 | +€110,146 | +47.3% |
| Equity | 10/15 | €221,601 | €219,246 | -€2,355 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,603 | €200,248 | -€2,355 | -1.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €202,603 | €200,248 | -€2,355 | -1.2% |
| Profit (loss) carried forward | 14 | €398 | €398 | = | 0.0% |
| Amounts payable | 17/49 | €11,273 | €123,774 | +€112,501 | +998.0% |
| Amounts payable within one year | 42/48 | €11,273 | €123,774 | +€112,501 | +998.0% |
| Trade debts | 44 | €2,280 | €3,345 | +€1,065 | +46.7% |
| Suppliers | 440/4 | €2,280 | €3,345 | +€1,065 | +46.7% |
| Taxes, remuneration and social security | 45 | €6,484 | €16,440 | +€9,956 | +153.5% |
| Taxes | 450/3 | €6,484 | €13,392 | +€6,908 | +106.5% |
| Remuneration and social security | 454/9 | €0 | €3,047 | +€3,047 | |
| Other amounts payable | 47/48 | €2,509 | €103,989 | +€101,480 | +4044.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,299 | €22,472 | +€9,173 | +69.0% |
| Other operating charges | 640/8 | €1,804 | €1,972 | +€168 | +9.3% |
| Gross operating margin | 9900 | €67,063 | €63,085 | -€3,978 | -5.9% |
| Operating profit (loss) | 9901 | €51,959 | €38,640 | -€13,319 | -25.6% |
| Financial income | 75/76B | €4,886 | €0 | -€4,886 | -100.0% |
| Recurring financial income | 75 | €4,886 | €0 | -€4,886 | -100.0% |
| Financial charges | 65/66B | €271 | €2,942 | +€2,671 | +986.1% |
| Recurring financial charges | 65 | €271 | €2,942 | +€2,671 | +986.1% |
| Profit (loss) for the period before taxes | 9903 | €56,574 | €35,698 | -€20,876 | -36.9% |
| Income taxes | 67/77 | €16,333 | €11,473 | -€4,860 | -29.8% |
| Profit (loss) for the period | 9904 | €40,241 | €24,226 | -€16,016 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,241 | €24,226 | -€16,016 | -39.8% |
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 9 October 2026 via checked.be.