Skip to content

LINSCO: 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.

What changed

LINSCO

BE 0795.392.971
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€69,570
2024 · €64,636+€4,934
Equity
€57,706
2024 · €28,136+€29,570
Cash
€1
2024 · €18-€17
Balance sheet total
€206,298
2024 · €159,966+€46,332

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€46,349

    up €46,349 (+466%), from €9,948 to €56,296

Equity and liabilities
  • Reserves +€29,570

    up €29,570 (+115%), from €25,636 to €55,206

  • Tax, wage and social debts +€26,293

    up €26,293 (+68.2%), from €38,539 to €64,832

  • Other debts -€8,080

    down €8,080 (-9.3%), from €86,444 to €78,364

Income statement
  • Gross operating margin +€5,643

    up €5,643 (+7.8%), from €72,077 to €77,721

  • Taxes +€996

    up €996 (+15.5%), from €6,409 to €7,405

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €64,636
Gross operating margin +€5,643
Other operating charges +€272
Financial charges +€14
Taxes -€996
Result 2025 €69,570
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€39,983
Investment €0
Financing -€40,000
Cash 2024 €18
Net result for the year +€69,570
Receivables within one year -€46,349
Trade debts -€1,451
Tax, wage and social debts +€26,293
Other debts -€8,080
Contributions, distributions and other -€40,000
Cash 2025 €1
brings cash intakes cash out
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €159,966 €206,298 +€46,332 +29.0%
Fixed assets 21/28 €150,000 €150,000 = 0.0%
Financial fixed assets 28 €150,000 €150,000 = 0.0%
Current assets 29/58 €9,966 €56,298 +€46,332 +465%
Amounts receivable within one year 40/41 €9,948 €56,296 +€46,349 +466%
Other amounts receivable 41 €9,948 €56,296 +€46,349 +466%
Cash at bank and in hand 54/58 €18 €1 -€17 -92.9%
Total equity and liabilities 10/49 €159,966 €206,298 +€46,332 +29.0%
Equity 10/15 €28,136 €57,706 +€29,570 +105%
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 €25,636 €55,206 +€29,570 +115%
Distributable reserves 133 €25,636 €55,206 +€29,570 +115%
Amounts payable 17/49 €131,830 €148,592 +€16,762 +12.7%
Amounts payable within one year 42/48 €131,830 €148,592 +€16,762 +12.7%
Trade debts 44 €6,847 €5,396 -€1,451 -21.2%
Suppliers 440/4 €6,847 €5,396 -€1,451 -21.2%
Taxes, remuneration and social security 45 €38,539 €64,832 +€26,293 +68.2%
Taxes 450/3 €38,539 €64,832 +€26,293 +68.2%
Other amounts payable 47/48 €86,444 €78,364 -€8,080 -9.3%
Other operating charges 640/8 €867 €594 -€272 -31.4%
Gross operating margin 9900 €72,077 €77,721 +€5,643 +7.8%
Operating profit (loss) 9901 €71,211 €77,126 +€5,916 +8.3%
Financial charges 65/66B €166 €151 -€14 -8.7%
Recurring financial charges 65 €166 €151 -€14 -8.7%
Profit (loss) for the period before taxes 9903 €71,045 €76,975 +€5,930 +8.3%
Income taxes 67/77 €6,409 €7,405 +€996 +15.5%
Profit (loss) for the period 9904 €64,636 €69,570 +€4,934 +7.6%
Profit (loss) for the period to be appropriated 9905 €64,636 €69,570 +€4,934 +7.6%

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 22 October 2026 via checked.be.