Lintimo: 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.
What changed
Lintimo
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€36,966
2024 · -€44,932+€7,966
Equity
€5.0m
2024 · €5.0m-€36,966
Cash
€73,406
2024 · €78,645-€5,239
Balance sheet total
€5.3m
2024 · €5.3m-€67,500
Largest movements
Assets
- Receivables within one year +€328,958
up €328,958 (+239.5%), from €137,334 to €466,291
- Financial fixed assets -€270,422
down €270,422 (-8.9%), from €3.1m to €2.8m
- Tangible fixed assets -€111,165
down €111,165 (-5.4%), from €2.1m to €1.9m
of which Land and buildings: -€109,653
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Depreciation -€18,390
down €18,390 (-14.2%), from €129,554 to €111,165
- Gross operating margin -€17,740
down €17,740 (-29.4%), from €60,262 to €42,522
- Financial income +€7,352
up €7,352 (+19.0%), from €38,662 to €46,013
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.
Result 2024
-€44,932
Gross operating margin
-€17,740
Depreciation
+€18,390
Other operating charges
-€240
Financial income
+€7,352
Financial charges
+€204
Result 2025
-€36,966
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.
From operations
-€256,332
Investment
+€270,422
Financing
-€19,329
Cash 2024
€78,645
From operations (derived)
-€256,332
Net result for the year
-€36,966
Depreciation
+€111,165
Receivables within one year
-€328,958
Deferred charges and accrued income
+€9,632
Provisions
-€2,187
Trade debts
-€10,235
Other debts
-€902
Accrued charges and deferred income
+€2,119
Investment (derived)
+€270,422
Investment in fixed assets (net)
+€270,422
Financing
-€19,329
Debts after one year
-€23,820
Current portion of long-term debt
+€325
Short-term financial debts
+€4,166
Cash 2025
€73,406
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,337,417 | €5,269,917 | -€67,500 | -1.3% |
| Fixed assets | 21/28 | €5,111,807 | €4,730,220 | -€381,586 | -7.5% |
| Tangible fixed assets | 22/27 | €2,058,731 | €1,947,566 | -€111,165 | -5.4% |
| Land and buildings | 22 | €2,035,196 | €1,925,542 | -€109,653 | -5.4% |
| Plant, machinery and equipment | 23 | €17,861 | €17,721 | -€139 | -0.8% |
| Furniture and vehicles | 24 | €5,675 | €4,303 | -€1,372 | -24.2% |
| Financial fixed assets | 28 | €3,053,076 | €2,782,654 | -€270,422 | -8.9% |
| Current assets | 29/58 | €225,610 | €539,697 | +€314,087 | +139.2% |
| Amounts receivable within one year | 40/41 | €137,334 | €466,291 | +€328,958 | +239.5% |
| Other amounts receivable | 41 | €137,334 | €466,291 | +€328,958 | +239.5% |
| Cash at bank and in hand | 54/58 | €78,645 | €73,406 | -€5,239 | -6.7% |
| Deferred charges and accrued income | 490/1 | €9,632 | €0 | -€9,632 | -100.0% |
| Total equity and liabilities | 10/49 | €5,337,417 | €5,269,917 | -€67,500 | -1.3% |
| Equity | 10/15 | €5,017,965 | €4,980,998 | -€36,966 | -0.7% |
| Contributions | 10/11 | €100,867 | €100,867 | = | 0.0% |
| Reserves | 13 | €1,891,691 | €1,887,446 | -€4,245 | -0.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €417,554 | €413,309 | -€4,245 | -1.0% |
| Distributable reserves | 133 | €1,464,137 | €1,464,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,025,406 | €2,992,685 | -€32,721 | -1.1% |
| Provisions and deferred taxes | 16 | €22,597 | €20,410 | -€2,187 | -9.7% |
| Deferred taxes | 168 | €22,597 | €20,410 | -€2,187 | -9.7% |
| Amounts payable | 17/49 | €296,856 | €268,509 | -€28,346 | -9.5% |
| Amounts payable after more than one year | 17 | €258,223 | €234,402 | -€23,820 | -9.2% |
| Financial debts | 170/4 | €258,223 | €234,402 | -€23,820 | -9.2% |
| Amounts payable within one year | 42/48 | €38,633 | €31,988 | -€6,645 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €23,493 | €23,818 | +€325 | +1.4% |
| Financial debts | 43 | - | €4,166 | +€4,166 | |
| Other loans | 439 | - | €4,166 | +€4,166 | |
| Trade debts | 44 | €14,238 | €4,003 | -€10,235 | -71.9% |
| Suppliers | 440/4 | €14,238 | €4,003 | -€10,235 | -71.9% |
| Other amounts payable | 47/48 | €902 | €0 | -€902 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,119 | +€2,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,554 | €111,165 | -€18,390 | -14.2% |
| Other operating charges | 640/8 | €12,594 | €12,834 | +€240 | +1.9% |
| Gross operating margin | 9900 | €60,262 | €42,522 | -€17,740 | -29.4% |
| Operating profit (loss) | 9901 | -€81,887 | -€81,476 | +€410 | +0.5% |
| Financial income | 75/76B | €38,662 | €46,013 | +€7,352 | +19.0% |
| Recurring financial income | 75 | €38,662 | €46,013 | +€7,352 | +19.0% |
| Financial charges | 65/66B | €3,894 | €3,690 | -€204 | -5.2% |
| Recurring financial charges | 65 | €3,894 | €3,690 | -€204 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,119 | -€39,153 | +€7,966 | +16.9% |
| Transfer from deferred taxes | 780 | €2,187 | €2,187 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€44,932 | -€36,966 | +€7,966 | +17.7% |
| Transfer from tax-exempt reserves | 789 | €4,245 | €4,245 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,687 | -€32,721 | +€7,966 | +19.6% |
Source: filed annual accounts (NBB), fiscal years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.