LINTOO PROJECTS: what changed
What changed
LINTOO PROJECTS
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€353,246
2024 · €429,634-€782,880
Equity
€2.6m
2024 · €2.9m-€353,246
Cash
€629,625
2024 · €167,807+€461,818
Balance sheet total
€4.2m
2024 · €4.5m-€331,303
Largest movements
Assets
- Receivables within one year -€545,755
down €545,755 (-61.3%), from €890,707 to €344,951
of which Other amounts receivable: -€278,580
- Cash +€461,818
up €461,818 (+275%), from €167,807 to €629,625
mainly Receivables within one year (+€545,755) and Current investments (+€373,822)
- Current investments -€373,822
down €373,822 (-99.7%), from €375,000 to €1,178
- Stocks and contracts +€180,269
up €180,269 (+21.9%), from €822,292 to €1.0m
- Receivables after one year -€94,750
down €94,750 (-5.6%), from €1.7m to €1.6m
Equity and liabilities
- Other debts -€356,977
down €356,977 (-55.6%), from €641,564 to €284,587
- Reserves -€353,246
down €353,246 (-12.6%), from €2.8m to €2.5m
- Advances received +€280,616
up €280,616, from €0 to €280,616
- Short-term financial debts +€60,224
up €60,224 (+15.5%), from €389,776 to €450,000
- Tax, wage and social debts +€56,863
up €56,863 (+46.6%), from €122,087 to €178,950
of which Taxes: +€41,057
Income statement
- Gross operating margin -€948,253
down €948,253, from €888,430 to -€59,823
- Taxes -€180,581
down €180,581 (-99.5%), from €181,579 to €998
- Staff costs +€70,920
up €70,920 (+29.9%), from €237,257 to €308,176
- Financial income +€33,122
up €33,122 (+65.0%), from €50,963 to €84,085
- Financial charges -€25,324
down €25,324 (-50.8%), from €49,844 to €24,521
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€429,634
Gross operating margin
-€948,253
Staff costs
-€70,920
Depreciation
-€2,526
Other operating charges
-€207
Financial income
+€33,122
Financial charges
+€25,324
Taxes
+€180,581
Result 2025
-€353,246
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€85,300
Investment
+€363,513
Financing
+€13,006
Cash 2024
€167,807
From operations (derived)
+€85,300
Net result for the year
-€353,246
Depreciation
+€36,245
Receivables after one year
+€94,750
Stocks and contracts
-€180,269
Receivables within one year
+€545,755
Deferred charges and accrued income
-€66,873
Trade debts
+€25,141
Tax, wage and social debts
+€56,863
Advances received
+€280,616
Other debts
-€356,977
Accrued charges and deferred income
+€3,294
Investment (derived)
+€363,513
Investment in fixed assets (net)
-€10,309
Current investments
+€373,822
Financing
+€13,006
Debts after one year
-€47,620
Current portion of long-term debt
+€402
Short-term financial debts
+€60,224
Cash 2025
€629,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,511,840 | €4,180,537 | -€331,303 | -7.3% |
| Fixed assets | 21/28 | €547,740 | €521,804 | -€25,936 | -4.7% |
| Tangible fixed assets | 22/27 | €528,940 | €504,829 | -€24,111 | -4.6% |
| Land and buildings | 22 | €480,736 | €461,704 | -€19,032 | -4.0% |
| Plant, machinery and equipment | 23 | €885 | €221 | -€663 | -75.0% |
| Furniture and vehicles | 24 | €41,019 | €35,454 | -€5,565 | -13.6% |
| Other tangible fixed assets | 26 | €6,300 | €7,450 | +€1,150 | +18.3% |
| Financial fixed assets | 28 | €18,800 | €16,975 | -€1,825 | -9.7% |
| Current assets | 29/58 | €3,964,100 | €3,658,734 | -€305,367 | -7.7% |
| Amounts receivable after more than one year | 29 | €1,694,750 | €1,600,000 | -€94,750 | -5.6% |
| Other amounts receivable | 291 | €1,694,750 | €1,600,000 | -€94,750 | -5.6% |
| Stocks and contracts in progress | 3 | €822,292 | €1,002,560 | +€180,269 | +21.9% |
| Stocks | 30/36 | €822,292 | €1,002,560 | +€180,269 | +21.9% |
| Amounts receivable within one year | 40/41 | €890,707 | €344,951 | -€545,755 | -61.3% |
| Trade receivables | 40 | €313,433 | €46,258 | -€267,175 | -85.2% |
| Other amounts receivable | 41 | €577,274 | €298,693 | -€278,580 | -48.3% |
| Current investments | 50/53 | €375,000 | €1,178 | -€373,822 | -99.7% |
| Cash at bank and in hand | 54/58 | €167,807 | €629,625 | +€461,818 | +275% |
| Deferred charges and accrued income | 490/1 | €13,546 | €80,419 | +€66,873 | +494% |
| Total equity and liabilities | 10/49 | €4,511,840 | €4,180,537 | -€331,303 | -7.3% |
| Equity | 10/15 | €2,928,391 | €2,575,145 | -€353,246 | -12.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €2,803,391 | €2,450,145 | -€353,246 | -12.6% |
| Distributable reserves | 133 | €2,803,391 | €2,450,145 | -€353,246 | -12.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,583,449 | €1,605,392 | +€21,943 | +1.4% |
| Amounts payable after more than one year | 17 | €250,445 | €202,825 | -€47,620 | -19.0% |
| Financial debts | 170/4 | €250,445 | €202,825 | -€47,620 | -19.0% |
| Amounts payable within one year | 42/48 | €1,332,864 | €1,399,134 | +€66,269 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €47,218 | €47,620 | +€402 | +0.9% |
| Financial debts | 43 | €389,776 | €450,000 | +€60,224 | +15.5% |
| Credit institutions | 430/8 | €389,776 | €450,000 | +€60,224 | +15.5% |
| Trade debts | 44 | €132,219 | €157,360 | +€25,141 | +19.0% |
| Suppliers | 440/4 | €132,219 | €157,360 | +€25,141 | +19.0% |
| Advances received on contracts in progress | 46 | €0 | €280,616 | +€280,616 | |
| Taxes, remuneration and social security | 45 | €122,087 | €178,950 | +€56,863 | +46.6% |
| Taxes | 450/3 | €91,812 | €132,868 | +€41,057 | +44.7% |
| Remuneration and social security | 454/9 | €30,276 | €46,082 | +€15,806 | +52.2% |
| Other amounts payable | 47/48 | €641,564 | €284,587 | -€356,977 | -55.6% |
| Accrued charges and deferred income | 492/3 | €140 | €3,434 | +€3,294 | +2,353% |
| Non-recurring operating income | 76A | €4,032 | €0 | -€4,032 | -100% |
| Remuneration, social security and pensions | 62 | €237,257 | €308,176 | +€70,920 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,719 | €36,245 | +€2,526 | +7.5% |
| Other operating charges | 640/8 | €7,360 | €7,568 | +€207 | +2.8% |
| Gross operating margin | 9900 | €888,430 | -€59,823 | -€948,253 | |
| Operating profit (loss) | 9901 | €610,094 | -€411,812 | -€1.0m | |
| Financial income | 75/76B | €50,963 | €84,085 | +€33,122 | +65.0% |
| Recurring financial income | 75 | €50,963 | €84,085 | +€33,122 | +65.0% |
| Financial charges | 65/66B | €49,844 | €24,521 | -€25,324 | -50.8% |
| Recurring financial charges | 65 | €49,844 | €24,521 | -€25,324 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €611,213 | -€352,248 | -€963,461 | |
| Income taxes | 67/77 | €181,579 | €998 | -€180,581 | -99.5% |
| Profit (loss) for the period | 9904 | €429,634 | -€353,246 | -€782,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €429,634 | -€353,246 | -€782,880 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.