LINSON: 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.
LINSON
Largest movements
- Cash -€11,985
down €11,985 (-62.7%), from €19,108 to €7,123
mainly Other debts (-€14,483) and Tax, wage and social debts (-€2,170)
- Tangible fixed assets -€1,713
down €1,713 (-22.1%), from €7,740 to €6,027
of which Land and buildings: -€1,023
- Deferred charges and accrued income -€1,007
no longer reported in 2024 (was €1,007)
- Other debts -€14,483
down €14,483 (-66.2%), from €21,881 to €7,398
- Profit (loss) carried forward +€2,586
up €2,586 (+24.1%), from -€10,747 to -€8,162
- Tax, wage and social debts -€2,170
down €2,170 (-52.4%), from €4,138 to €1,968
- Trade debts -€591
down €591 (-41.1%), from €1,436 to €845
- Gross operating margin -€4,734
down €4,734 (-43.9%), from €10,796 to €6,061
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 | €29,207 | €14,549 | -€14,657 | -50.2% |
| Fixed assets | 21/28 | €7,740 | €6,027 | -€1,713 | -22.1% |
| Tangible fixed assets | 22/27 | €7,740 | €6,027 | -€1,713 | -22.1% |
| Land and buildings | 22 | €7,050 | €6,027 | -€1,023 | -14.5% |
| Furniture and vehicles | 24 | €691 | - | -€691 | |
| Current assets | 29/58 | €21,466 | €8,522 | -€12,944 | -60.3% |
| Stocks and contracts in progress | 3 | €452 | €444 | -€8 | -1.8% |
| Stocks | 30/36 | €452 | €444 | -€8 | -1.8% |
| Amounts receivable within one year | 40/41 | €899 | €955 | +€56 | +6.3% |
| Trade receivables | 40 | €583 | €551 | -€31 | -5.4% |
| Other amounts receivable | 41 | €316 | €404 | +€88 | +27.8% |
| Cash at bank and in hand | 54/58 | €19,108 | €7,123 | -€11,985 | -62.7% |
| Deferred charges and accrued income | 490/1 | €1,007 | - | -€1,007 | |
| Total equity and liabilities | 10/49 | €29,207 | €14,549 | -€14,657 | -50.2% |
| Equity | 10/15 | €1,753 | €4,338 | +€2,586 | +148% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,100 | €6,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,747 | -€8,162 | +€2,586 | +24.1% |
| Amounts payable | 17/49 | €27,454 | €10,211 | -€17,243 | -62.8% |
| Amounts payable within one year | 42/48 | €27,454 | €10,211 | -€17,243 | -62.8% |
| Trade debts | 44 | €1,436 | €845 | -€591 | -41.1% |
| Suppliers | 440/4 | €1,436 | €845 | -€591 | -41.1% |
| Taxes, remuneration and social security | 45 | €4,138 | €1,968 | -€2,170 | -52.4% |
| Taxes | 450/3 | €4,138 | €1,968 | -€2,170 | -52.4% |
| Other amounts payable | 47/48 | €21,881 | €7,398 | -€14,483 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,713 | €1,713 | = | 0.0% |
| Other operating charges | 640/8 | €672 | €578 | -€94 | -14.0% |
| Gross operating margin | 9900 | €10,796 | €6,061 | -€4,734 | -43.9% |
| Operating profit (loss) | 9901 | €8,410 | €3,770 | -€4,640 | -55.2% |
| Financial income | 75/76B | €8 | €9 | +€0 | +5.4% |
| Recurring financial income | 75 | €8 | €9 | +€0 | +5.4% |
| Financial charges | 65/66B | €183 | €191 | +€8 | +4.4% |
| Recurring financial charges | 65 | €183 | €191 | +€8 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €8,235 | €3,587 | -€4,648 | -56.4% |
| Income taxes | 67/77 | €966 | €1,001 | +€35 | +3.6% |
| Profit (loss) for the period | 9904 | €7,269 | €2,586 | -€4,683 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,269 | €2,586 | -€4,683 | -64.4% |
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 17 October 2026 via checked.be.