LINOU: 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.
LINOU
Largest movements
- Cash +€54,749
up €54,749 (+574%), from €9,533 to €64,282
mainly Trade debts (+€58,769) and Depreciation (+€21,597)
- Receivables within one year +€25,289
up €25,289 (+35.4%), from €71,428 to €96,717
of which Trade receivables: +€13,904
- Tangible fixed assets -€12,411
down €12,411 (-27.8%), from €44,705 to €32,294
of which Furniture and vehicles: -€9,794
- Stocks and contracts -€2,703
down €2,703 (-36.6%), from €7,393 to €4,690
- Trade debts +€58,769
up €58,769 (+413%), from €14,227 to €72,996
- Reserves +€15,071
up €15,071 (+19.5%), from €77,172 to €92,243
of which Distributable reserves: +€15,071
- Debts after one year -€12,233
down €12,233 (-92.2%), from €13,268 to €1,035
- Tax, wage and social debts +€4,016
up €4,016 (+382%), from €1,050 to €5,066
of which Taxes: +€2,356
- Gross operating margin +€35,155
up €35,155 (+151%), from €23,353 to €58,508
- Staff costs +€14,926
new in 2024: €14,926
- Taxes +€5,396
up €5,396 (+327%), from €1,651 to €7,047
- Depreciation +€2,086
up €2,086 (+10.7%), from €19,511 to €21,597
- Financial income +€666
up €666 (+22.8%), from €2,927 to €3,593
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 | €136,408 | €202,364 | +€65,956 | +48.4% |
| Fixed assets | 21/28 | €44,721 | €32,294 | -€12,427 | -27.8% |
| Intangible fixed assets | 21 | €16 | - | -€16 | |
| Tangible fixed assets | 22/27 | €44,705 | €32,294 | -€12,411 | -27.8% |
| Plant, machinery and equipment | 23 | €9,740 | €7,123 | -€2,617 | -26.9% |
| Furniture and vehicles | 24 | €34,965 | €25,171 | -€9,794 | -28.0% |
| Current assets | 29/58 | €91,687 | €170,070 | +€78,383 | +85.5% |
| Stocks and contracts in progress | 3 | €7,393 | €4,690 | -€2,703 | -36.6% |
| Stocks | 30/36 | €7,393 | €4,690 | -€2,703 | -36.6% |
| Amounts receivable within one year | 40/41 | €71,428 | €96,717 | +€25,289 | +35.4% |
| Trade receivables | 40 | €3,514 | €17,418 | +€13,904 | +396% |
| Other amounts receivable | 41 | €67,914 | €79,299 | +€11,385 | +16.8% |
| Cash at bank and in hand | 54/58 | €9,533 | €64,282 | +€54,749 | +574% |
| Deferred charges and accrued income | 490/1 | €3,333 | €4,381 | +€1,048 | +31.4% |
| Total equity and liabilities | 10/49 | €136,408 | €202,364 | +€65,956 | +48.4% |
| Equity | 10/15 | €95,772 | €110,843 | +€15,071 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,172 | €92,243 | +€15,071 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,312 | €90,383 | +€15,071 | +20.0% |
| Amounts payable | 17/49 | €40,636 | €91,521 | +€50,885 | +125% |
| Amounts payable after more than one year | 17 | €13,268 | €1,035 | -€12,233 | -92.2% |
| Financial debts | 170/4 | €13,268 | €1,035 | -€12,233 | -92.2% |
| Amounts payable within one year | 42/48 | €27,163 | €90,295 | +€63,132 | +232% |
| Current portion of amounts payable after more than one year | 42 | €11,886 | €12,233 | +€347 | +2.9% |
| Trade debts | 44 | €14,227 | €72,996 | +€58,769 | +413% |
| Suppliers | 440/4 | €14,227 | €72,996 | +€58,769 | +413% |
| Taxes, remuneration and social security | 45 | €1,050 | €5,066 | +€4,016 | +382% |
| Taxes | 450/3 | €1,050 | €3,406 | +€2,356 | +224% |
| Remuneration and social security | 454/9 | - | €1,660 | +€1,660 | |
| Accrued charges and deferred income | 492/3 | €205 | €191 | -€14 | -6.8% |
| Remuneration, social security and pensions | 62 | - | €14,926 | +€14,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,511 | €21,597 | +€2,086 | +10.7% |
| Other operating charges | 640/8 | €2,657 | €2,754 | +€97 | +3.7% |
| Gross operating margin | 9900 | €23,353 | €58,508 | +€35,155 | +151% |
| Operating profit (loss) | 9901 | €1,185 | €19,231 | +€18,046 | +1,523% |
| Financial income | 75/76B | €2,927 | €3,593 | +€666 | +22.8% |
| Recurring financial income | 75 | €2,927 | €3,593 | +€666 | +22.8% |
| Financial charges | 65/66B | €1,210 | €707 | -€503 | -41.6% |
| Recurring financial charges | 65 | €1,210 | €707 | -€503 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €2,902 | €22,117 | +€19,215 | +662% |
| Income taxes | 67/77 | €1,651 | €7,047 | +€5,396 | +327% |
| Profit (loss) for the period | 9904 | €1,251 | €15,070 | +€13,819 | +1,105% |
| Profit (loss) for the period to be appropriated | 9905 | €1,251 | €15,070 | +€13,819 | +1,105% |
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 22 October 2026 via checked.be.