LINRENE: what changed
Two fiscal 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.
LINRENE
Largest movements
- Cash +€5,358
up €5,358 (+51.5%), from €10,404 to €15,762
mainly Other debts (+€5,820) and Tax, wage and social debts (+€4,109)
- Receivables within one year -€3,846
down €3,846 (-23.3%), from €16,475 to €12,629
of which Trade receivables: -€3,817
- Stocks and contracts +€2,538
up €2,538 (+94.1%), from €2,698 to €5,237
- Tangible fixed assets +€1,341
up €1,341 (+39.5%), from €3,392 to €4,733
of which Furniture and vehicles: +€2,931
- Deferred charges and accrued income -€701
down €701 (-30.4%), from €2,310 to €1,609
- Other debts +€5,820
up €5,820 (+48.7%), from €11,964 to €17,784
- Trade debts -€4,795
down €4,795 (-68.4%), from €7,013 to €2,218
- Tax, wage and social debts +€4,109
up €4,109 (+67.9%), from €6,054 to €10,163
of which Taxes: +€2,360
- Profit (loss) carried forward -€444
down €444 (-9.5%), from -€4,695 to -€5,139
- Staff costs +€2,743
up €2,743 (+27.1%), from €10,119 to €12,862
- Other operating charges +€2,001
up €2,001 (+154.5%), from €1,295 to €3,296
- Depreciation -€1,821
no longer reported in 2025 (was €1,821)
- Gross operating margin +€1,695
up €1,695 (+10.7%), from €15,877 to €17,572
- Taxes -€536
down €536 (-26.1%), from €2,052 to €1,516
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 | €35,279 | €39,970 | +€4,691 | +13.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,392 | €4,733 | +€1,341 | +39.5% |
| Tangible fixed assets | 22/27 | €3,392 | €4,733 | +€1,341 | +39.5% |
| Plant, machinery and equipment | 23 | €3,392 | €1,802 | -€1,590 | -46.9% |
| Furniture and vehicles | 24 | - | €2,931 | +€2,931 | |
| Current assets | 29/58 | €31,887 | €35,237 | +€3,350 | +10.5% |
| Stocks and contracts in progress | 3 | €2,698 | €5,237 | +€2,538 | +94.1% |
| Stocks | 30/36 | €2,698 | €5,237 | +€2,538 | +94.1% |
| Amounts receivable within one year | 40/41 | €16,475 | €12,629 | -€3,846 | -23.3% |
| Trade receivables | 40 | €16,446 | €12,629 | -€3,817 | -23.2% |
| Other amounts receivable | 41 | €29 | - | -€29 | |
| Cash at bank and in hand | 54/58 | €10,404 | €15,762 | +€5,358 | +51.5% |
| Deferred charges and accrued income | 490/1 | €2,310 | €1,609 | -€701 | -30.4% |
| Total equity and liabilities | 10/49 | €35,279 | €39,970 | +€4,691 | +13.3% |
| Equity | 10/15 | -€2,195 | -€2,639 | -€444 | -20.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,695 | -€5,139 | -€444 | -9.5% |
| Amounts payable | 17/49 | €37,474 | €42,609 | +€5,135 | +13.7% |
| Amounts payable within one year | 42/48 | €37,474 | €42,609 | +€5,135 | +13.7% |
| Trade debts | 44 | €7,013 | €2,218 | -€4,795 | -68.4% |
| Suppliers | 440/4 | €7,013 | €2,218 | -€4,795 | -68.4% |
| Advances received on contracts in progress | 46 | €12,443 | €12,443 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,054 | €10,163 | +€4,109 | +67.9% |
| Taxes | 450/3 | €5,219 | €7,580 | +€2,360 | +45.2% |
| Remuneration and social security | 454/9 | €835 | €2,583 | +€1,749 | +209.5% |
| Other amounts payable | 47/48 | €11,964 | €17,784 | +€5,820 | +48.7% |
| Remuneration, social security and pensions | 62 | €10,119 | €12,862 | +€2,743 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,821 | - | -€1,821 | |
| Other operating charges | 640/8 | €1,295 | €3,296 | +€2,001 | +154.5% |
| Gross operating margin | 9900 | €15,877 | €17,572 | +€1,695 | +10.7% |
| Operating profit (loss) | 9901 | €2,642 | €1,414 | -€1,227 | -46.5% |
| Financial income | 75/76B | €82 | - | -€82 | |
| Recurring financial income | 75 | €82 | - | -€82 | |
| Financial charges | 65/66B | €332 | €342 | +€9 | +2.9% |
| Recurring financial charges | 65 | €332 | €342 | +€9 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €2,391 | €1,072 | -€1,319 | -55.1% |
| Income taxes | 67/77 | €2,052 | €1,516 | -€536 | -26.1% |
| Profit (loss) for the period | 9904 | €339 | -€444 | -€783 | |
| Profit (loss) for the period to be appropriated | 9905 | €339 | -€444 | -€783 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.