Linsuren: 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.
Linsuren
Largest movements
- Receivables within one year +€55,166
up €55,166 (+626%), from €8,807 to €63,974
of which Trade receivables: +€36,000
- Tangible fixed assets +€13,923
up €13,923 (+5.7%), from €245,346 to €259,269
of which Plant, machinery and equipment: +€19,774
- Cash -€8,810
down €8,810 (-45.4%), from €19,414 to €10,604
mainly Receivables within one year (-€55,166) and Investment in fixed assets (net) (-€51,816)
- Profit (loss) carried forward +€47,497
up €47,497 (+53.3%), from -€89,093 to -€41,595
- Tax, wage and social debts +€12,620
up €12,620 (+536%), from €2,355 to €14,975
of which Taxes: +€9,915
- Other debts -€5,028
down €5,028 (-1.5%), from €331,878 to €326,849
- Accrued charges and deferred income +€4,009
new in 2025: €4,009
- Gross operating margin +€163,513
up €163,513, from -€44,360 to €119,153
- Staff costs +€11,422
up €11,422 (+82.6%), from €13,821 to €25,243
- Depreciation +€8,788
up €8,788 (+29.4%), from €29,891 to €38,680
- Financial charges +€6,933
up €6,933 (+5,319%), from €130 to €7,063
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.
Derived cash bridge
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 | €290,041 | €349,193 | +€59,152 | +20.4% |
| Fixed assets | 21/28 | €251,617 | €264,754 | +€13,136 | +5.2% |
| Intangible fixed assets | 21 | €3,271 | €2,485 | -€786 | -24.0% |
| Tangible fixed assets | 22/27 | €245,346 | €259,269 | +€13,923 | +5.7% |
| Plant, machinery and equipment | 23 | €63,592 | €83,367 | +€19,774 | +31.1% |
| Furniture and vehicles | 24 | €45,711 | €39,491 | -€6,220 | -13.6% |
| Other tangible fixed assets | 26 | €136,043 | €136,411 | +€369 | +0.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €38,424 | €84,439 | +€46,016 | +120% |
| Stocks and contracts in progress | 3 | €9,862 | €9,862 | = | 0.0% |
| Stocks | 30/36 | €9,862 | €9,862 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,807 | €63,974 | +€55,166 | +626% |
| Trade receivables | 40 | - | €36,000 | +€36,000 | |
| Other amounts receivable | 41 | €8,807 | €27,974 | +€19,166 | +218% |
| Cash at bank and in hand | 54/58 | €19,414 | €10,604 | -€8,810 | -45.4% |
| Deferred charges and accrued income | 490/1 | €341 | €0 | -€341 | -100% |
| Total equity and liabilities | 10/49 | €290,041 | €349,193 | +€59,152 | +20.4% |
| Equity | 10/15 | -€86,593 | -€39,095 | +€47,497 | +54.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,093 | -€41,595 | +€47,497 | +53.3% |
| Amounts payable | 17/49 | €376,634 | €388,288 | +€11,655 | +3.1% |
| Amounts payable within one year | 42/48 | €376,634 | €384,280 | +€7,646 | +2.0% |
| Trade debts | 44 | €42,401 | €42,455 | +€54 | +0.1% |
| Suppliers | 440/4 | €42,401 | €42,455 | +€54 | +0.1% |
| Taxes, remuneration and social security | 45 | €2,355 | €14,975 | +€12,620 | +536% |
| Taxes | 450/3 | - | €9,915 | +€9,915 | |
| Remuneration and social security | 454/9 | €2,355 | €5,060 | +€2,704 | +115% |
| Other amounts payable | 47/48 | €331,878 | €326,849 | -€5,028 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €4,009 | +€4,009 | |
| Remuneration, social security and pensions | 62 | €13,821 | €25,243 | +€11,422 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,891 | €38,680 | +€8,788 | +29.4% |
| Other operating charges | 640/8 | €890 | €670 | -€220 | -24.7% |
| Gross operating margin | 9900 | -€44,360 | €119,153 | +€163,513 | |
| Operating profit (loss) | 9901 | -€88,962 | €54,560 | +€143,523 | |
| Financial charges | 65/66B | €130 | €7,063 | +€6,933 | +5,319% |
| Recurring financial charges | 65 | €130 | €7,063 | +€6,933 | +5,319% |
| Profit (loss) for the period before taxes | 9903 | -€89,093 | €47,497 | +€136,590 | |
| Profit (loss) for the period | 9904 | -€89,093 | €47,497 | +€136,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,093 | €47,497 | +€136,590 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.