Lintermans-Claes: 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.
Lintermans-Claes
Largest movements
- Tangible fixed assets +€146,772
up €146,772 (+345%), from €42,508 to €189,280
- Cash -€140,215
down €140,215 (-83.9%), from €167,187 to €26,971
mainly Investment in fixed assets (net) (-€152,518) and Net result for the year (-€25,847)
- Stocks and contracts +€20,538
new in 2025: €20,538
- Deferred charges and accrued income +€7,852
up €7,852 (+2,744%), from €286 to €8,139
- Other debts +€27,853
up €27,853 (+1,469%), from €1,896 to €29,749
- Debts after one year +€18,191
up €18,191 (+65.5%), from €27,760 to €45,951
- Profit (loss) carried forward -€13,883
down €13,883, from €603 to -€13,280
- Reserves -€11,964
down €11,964 (-7.9%), from €150,636 to €138,672
of which Distributable reserves: -€9,864
- Trade debts +€8,359
up €8,359, from €0 to €8,359
- Gross operating margin +€36,912
up €36,912, from -€23,381 to €13,532
- Staff costs +€27,809
up €27,809, from €0 to €27,809
- Financial income -€7,690
down €7,690 (-98.0%), from €7,847 to €157
- Financial charges +€3,542
up €3,542 (+249%), from €1,424 to €4,966
- Depreciation +€3,508
up €3,508 (+157%), from €2,237 to €5,745
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 | €212,685 | €249,877 | +€37,192 | +17.5% |
| Fixed assets | 21/28 | €42,508 | €189,280 | +€146,772 | +345% |
| Tangible fixed assets | 22/27 | €42,508 | €189,280 | +€146,772 | +345% |
| Land and buildings | 22 | €42,508 | €189,280 | +€146,772 | +345% |
| Current assets | 29/58 | €170,177 | €60,596 | -€109,581 | -64.4% |
| Stocks and contracts in progress | 3 | - | €20,538 | +€20,538 | |
| Stocks | 30/36 | - | €20,538 | +€20,538 | |
| Amounts receivable within one year | 40/41 | €2,704 | €4,948 | +€2,244 | +83.0% |
| Trade receivables | 40 | €0 | €2,346 | +€2,346 | |
| Other amounts receivable | 41 | €2,704 | €2,602 | -€102 | -3.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €167,187 | €26,971 | -€140,215 | -83.9% |
| Deferred charges and accrued income | 490/1 | €286 | €8,139 | +€7,852 | +2,744% |
| Total equity and liabilities | 10/49 | €212,685 | €249,877 | +€37,192 | +17.5% |
| Equity | 10/15 | €172,239 | €146,392 | -€25,847 | -15.0% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €150,636 | €138,672 | -€11,964 | -7.9% |
| Non-distributable reserves | 130/1 | €2,100 | €0 | -€2,100 | -100% |
| Reserves not available under the articles | 1311 | €2,100 | €0 | -€2,100 | -100% |
| Distributable reserves | 133 | €148,536 | €138,672 | -€9,864 | -6.6% |
| Profit (loss) carried forward | 14 | €603 | -€13,280 | -€13,883 | |
| Amounts payable | 17/49 | €40,446 | €103,484 | +€63,038 | +156% |
| Amounts payable after more than one year | 17 | €27,760 | €45,951 | +€18,191 | +65.5% |
| Financial debts | 170/4 | €27,760 | €45,951 | +€18,191 | +65.5% |
| Amounts payable within one year | 42/48 | €12,513 | €56,905 | +€44,392 | +355% |
| Current portion of amounts payable after more than one year | 42 | €10,148 | €13,549 | +€3,401 | +33.5% |
| Trade debts | 44 | €0 | €8,359 | +€8,359 | |
| Suppliers | 440/4 | €0 | €8,359 | +€8,359 | |
| Taxes, remuneration and social security | 45 | €469 | €5,248 | +€4,779 | +1,019% |
| Taxes | 450/3 | €469 | €101 | -€368 | -78.5% |
| Remuneration and social security | 454/9 | €0 | €5,147 | +€5,147 | |
| Other amounts payable | 47/48 | €1,896 | €29,749 | +€27,853 | +1,469% |
| Accrued charges and deferred income | 492/3 | €173 | €628 | +€456 | +264% |
| Non-recurring operating income | 76A | €11,602 | €0 | -€11,602 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €27,809 | +€27,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,237 | €5,745 | +€3,508 | +157% |
| Other operating charges | 640/8 | €3,494 | €1,015 | -€2,479 | -70.9% |
| Non-recurring operating charges | 66A | €393 | €0 | -€393 | -100% |
| Gross operating margin | 9900 | -€23,381 | €13,532 | +€36,912 | |
| Operating profit (loss) | 9901 | -€29,505 | -€21,038 | +€8,468 | +28.7% |
| Financial income | 75/76B | €7,847 | €157 | -€7,690 | -98.0% |
| Recurring financial income | 75 | €7,847 | €157 | -€7,690 | -98.0% |
| Financial charges | 65/66B | €1,424 | €4,966 | +€3,542 | +249% |
| Recurring financial charges | 65 | €1,424 | €4,966 | +€3,542 | +249% |
| Profit (loss) for the period before taxes | 9903 | -€23,082 | -€25,847 | -€2,765 | -12.0% |
| Income taxes | 67/77 | €469 | €0 | -€469 | -100% |
| Profit (loss) for the period | 9904 | -€23,551 | -€25,847 | -€2,296 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,551 | -€25,847 | -€2,296 | -9.7% |
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 19 October 2026 via checked.be.