LINOR: what changed
LINOR
Largest movements
- Receivables within one year -€4,503
down €4,503 (-65.3%), from €6,896 to €2,393
of which Other amounts receivable: -€4,503
- Tangible fixed assets -€4,440
down €4,440 (-10.8%), from €41,244 to €36,804
- Cash -€1,920
down €1,920 (-82.3%), from €2,334 to €413
mainly Other debts (-€16,333) and Tax, wage and social debts (-€4,063)
- Deferred charges and accrued income -€963
no longer reported in 2025 (was €963)
- Other debts -€16,333
down €16,333 (-49.1%), from €33,284 to €16,951
- Accrued charges and deferred income +€12,000
new in 2025: €12,000
- Tax, wage and social debts -€4,063
no longer reported in 2025 (was €4,063)
- Reserves -€3,226
down €3,226 (-14.5%), from €22,320 to €19,094
of which Distributable reserves: -€3,226
- Gross operating margin +€7,578
up €7,578, from -€3,854 to €3,724
- Financial charges -€1,851
down €1,851 (-85.9%), from €2,155 to €304
- Other operating charges -€451
no longer reported in 2025 (was €451)
- Financial income -€148
down €148 (-15.3%), from €963 to €815
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,137 | €82,310 | -€11,826 | -12.6% |
| Fixed assets | 21/28 | €41,244 | €36,804 | -€4,440 | -10.8% |
| Tangible fixed assets | 22/27 | €41,244 | €36,804 | -€4,440 | -10.8% |
| Land and buildings | 22 | €41,244 | €36,804 | -€4,440 | -10.8% |
| Current assets | 29/58 | €52,893 | €45,507 | -€7,386 | -14.0% |
| Amounts receivable after more than one year | 29 | €42,700 | €42,700 | = | 0.0% |
| Other amounts receivable | 291 | €42,700 | €42,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,896 | €2,393 | -€4,503 | -65.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,896 | €2,393 | -€4,503 | -65.3% |
| Cash at bank and in hand | 54/58 | €2,334 | €413 | -€1,920 | -82.3% |
| Deferred charges and accrued income | 490/1 | €963 | - | -€963 | |
| Total equity and liabilities | 10/49 | €94,137 | €82,310 | -€11,826 | -12.6% |
| Equity | 10/15 | €56,789 | €53,359 | -€3,430 | -6.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €22,320 | €19,094 | -€3,226 | -14.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €20,461 | €17,235 | -€3,226 | -15.8% |
| Profit (loss) carried forward | 14 | €15,878 | €15,673 | -€204 | -1.3% |
| Amounts payable | 17/49 | €37,347 | €28,951 | -€8,396 | -22.5% |
| Amounts payable within one year | 42/48 | €37,347 | €16,951 | -€20,396 | -54.6% |
| Taxes, remuneration and social security | 45 | €4,063 | - | -€4,063 | |
| Taxes | 450/3 | €4,063 | - | -€4,063 | |
| Other amounts payable | 47/48 | €33,284 | €16,951 | -€16,333 | -49.1% |
| Accrued charges and deferred income | 492/3 | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,440 | €4,440 | = | 0.0% |
| Other operating charges | 640/8 | €451 | - | -€451 | |
| Gross operating margin | 9900 | -€3,854 | €3,724 | +€7,578 | |
| Operating profit (loss) | 9901 | -€8,745 | -€716 | +€8,029 | +91.8% |
| Financial income | 75/76B | €963 | €815 | -€148 | -15.3% |
| Recurring financial income | 75 | €963 | €815 | -€148 | -15.3% |
| Financial charges | 65/66B | €2,155 | €304 | -€1,851 | -85.9% |
| Recurring financial charges | 65 | €2,155 | €304 | -€1,851 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,937 | -€204 | +€9,733 | +97.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,937 | -€204 | +€9,733 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,937 | -€204 | +€9,733 | +97.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.