LINOSA: 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.
LINOSA
Largest movements
- Receivables within one year +€31,863
up €31,863 (+24.4%), from €130,513 to €162,375
of which Trade receivables: +€21,282
- Cash -€9,058
down €9,058 (-41.4%), from €21,905 to €12,846
mainly Receivables within one year (-€31,863) and Trade debts (-€16,957)
- Intangible fixed assets -€5,000
down €5,000 (-25.5%), from €19,575 to €14,575
- Deferred charges and accrued income +€5,000
new in 2024: €5,000
- Profit (loss) carried forward +€30,562
up €30,562 (+31.3%), from €97,497 to €128,059
- Trade debts -€16,957
down €16,957 (-84.3%), from €20,109 to €3,152
- Tax, wage and social debts +€10,493
up €10,493 (+30.4%), from €34,493 to €44,986
of which Taxes: +€11,896
- Current portion of long-term debt -€2,294
no longer reported in 2024 (was €2,294)
- Gross operating margin +€39,302
up €39,302 (+33.8%), from €116,376 to €155,679
- Staff costs +€35,325
up €35,325 (+49.2%), from €71,779 to €107,104
- Taxes +€2,465
up €2,465 (+27.2%), from €9,052 to €11,517
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,993 | €194,797 | +€22,804 | +13.3% |
| Fixed assets | 21/28 | €19,575 | €14,575 | -€5,000 | -25.5% |
| Intangible fixed assets | 21 | €19,575 | €14,575 | -€5,000 | -25.5% |
| Current assets | 29/58 | €152,417 | €180,222 | +€27,804 | +18.2% |
| Amounts receivable within one year | 40/41 | €130,513 | €162,375 | +€31,863 | +24.4% |
| Trade receivables | 40 | €130,513 | €151,794 | +€21,282 | +16.3% |
| Other amounts receivable | 41 | - | €10,581 | +€10,581 | |
| Cash at bank and in hand | 54/58 | €21,905 | €12,846 | -€9,058 | -41.4% |
| Deferred charges and accrued income | 490/1 | - | €5,000 | +€5,000 | |
| Total equity and liabilities | 10/49 | €171,993 | €194,797 | +€22,804 | +13.3% |
| Equity | 10/15 | €115,097 | €146,659 | +€31,562 | +27.4% |
| Contributions | 10/11 | €17,600 | €18,600 | +€1,000 | +5.7% |
| Capital | 10 | €17,600 | €18,600 | +€1,000 | +5.7% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €97,497 | €128,059 | +€30,562 | +31.3% |
| Amounts payable | 17/49 | €56,896 | €48,138 | -€8,758 | -15.4% |
| Amounts payable within one year | 42/48 | €56,896 | €48,138 | -€8,758 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €2,294 | - | -€2,294 | |
| Trade debts | 44 | €20,109 | €3,152 | -€16,957 | -84.3% |
| Suppliers | 440/4 | €20,109 | €3,152 | -€16,957 | -84.3% |
| Taxes, remuneration and social security | 45 | €34,493 | €44,986 | +€10,493 | +30.4% |
| Taxes | 450/3 | €23,570 | €35,466 | +€11,896 | +50.5% |
| Remuneration and social security | 454/9 | €10,923 | €9,520 | -€1,403 | -12.8% |
| Remuneration, social security and pensions | 62 | €71,779 | €107,104 | +€35,325 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €43 | €1,326 | +€1,283 | +2,985% |
| Gross operating margin | 9900 | €116,376 | €155,679 | +€39,302 | +33.8% |
| Operating profit (loss) | 9901 | €39,554 | €42,248 | +€2,694 | +6.8% |
| Financial income | 75/76B | €1,634 | €78 | -€1,556 | -95.2% |
| Recurring financial income | 75 | €1,634 | €78 | -€1,556 | -95.2% |
| Financial charges | 65/66B | - | €248 | +€248 | |
| Recurring financial charges | 65 | - | €248 | +€248 | |
| Profit (loss) for the period before taxes | 9903 | €41,188 | €42,079 | +€891 | +2.2% |
| Income taxes | 67/77 | €9,052 | €11,517 | +€2,465 | +27.2% |
| Profit (loss) for the period | 9904 | €32,136 | €30,562 | -€1,574 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,136 | €30,562 | -€1,574 | -4.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.