LINTS ANTWERPEN: what changed
What changed
LINTS ANTWERPEN
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€464,818
31-12-2024 · €231,008+€233,811
Equity
€1.3m
31-12-2024 · €796,568+€464,818
Cash
€570,271
31-12-2024 · €331,340+€238,931
Balance sheet total
€2.2m
31-12-2024 · €1.6m+€556,284
Largest movements
Assets
- Cash +€238,931
up €238,931 (+72.1%), from €331,340 to €570,271
mainly Net result for the year (+€464,818) and Depreciation (+€127,046)
- Receivables within one year +€172,981
up €172,981 (+41.1%), from €420,841 to €593,822
of which Other amounts receivable: +€94,274
- Tangible fixed assets +€161,515
up €161,515 (+20.7%), from €780,208 to €941,723
of which Land and buildings: +€130,097
Equity and liabilities
- Profit (loss) carried forward +€296,418
new in 2025: €296,418
- Reserves +€168,400
up €168,400 (+21.6%), from €777,968 to €946,368
of which Tax-exempt reserves: +€168,400
- Current portion of long-term debt +€91,715
up €91,715 (+58.1%), from €157,846 to €249,561
- Trade debts +€29,866
up €29,866 (+25.3%), from €118,051 to €147,916
- Tax, wage and social debts -€27,061
down €27,061 (-11.9%), from €228,039 to €200,978
of which Taxes: -€25,520
Income statement
- Gross operating margin +€300,118
up €300,118 (+17.6%), from €1.7m to €2.0m
- Taxes +€51,322
up €51,322 (+51.2%), from €100,242 to €151,563
Change in the result, 31-12-2024 to 31-12-2025
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 31-12-2024
€231,008
Gross operating margin
+€300,118
Staff costs
+€1,409
Depreciation
-€18,029
Other operating charges
+€4,018
Financial income
+€4,311
Financial charges
-€6,696
Taxes
-€51,322
Result 31-12-2025
€464,818
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€421,427
Investment
-€288,561
Financing
+€106,064
Cash 31-12-2024
€331,340
From operations (derived)
+€421,427
Net result for the year
+€464,818
Depreciation
+€127,046
Receivables after one year
+€13,797
Receivables within one year
-€172,981
Deferred charges and accrued income
+€3,346
Trade debts
+€29,866
Tax, wage and social debts
-€27,061
Accrued charges and deferred income
-€17,403
Investment (derived)
-€288,561
Investment in fixed assets (net)
-€288,561
Financing
+€106,064
Debts after one year
+€14,349
Current portion of long-term debt
+€91,715
Cash 31-12-2025
€570,271
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,630,632 | €2,186,915 | +€556,284 | +34.1% |
| Fixed assets | 21/28 | €780,208 | €941,723 | +€161,515 | +20.7% |
| Tangible fixed assets | 22/27 | €780,208 | €941,723 | +€161,515 | +20.7% |
| Land and buildings | 22 | €474,856 | €604,953 | +€130,097 | +27.4% |
| Plant, machinery and equipment | 23 | €191,466 | €215,406 | +€23,940 | +12.5% |
| Furniture and vehicles | 24 | €113,885 | €121,363 | +€7,478 | +6.6% |
| Current assets | 29/58 | €850,424 | €1,245,192 | +€394,769 | +46.4% |
| Amounts receivable after more than one year | 29 | €83,236 | €69,438 | -€13,797 | -16.6% |
| Other amounts receivable | 291 | €83,236 | €69,438 | -€13,797 | -16.6% |
| Amounts receivable within one year | 40/41 | €420,841 | €593,822 | +€172,981 | +41.1% |
| Trade receivables | 40 | €161,540 | €240,248 | +€78,707 | +48.7% |
| Other amounts receivable | 41 | €259,301 | €353,574 | +€94,274 | +36.4% |
| Cash at bank and in hand | 54/58 | €331,340 | €570,271 | +€238,931 | +72.1% |
| Deferred charges and accrued income | 490/1 | €15,007 | €11,661 | -€3,346 | -22.3% |
| Total equity and liabilities | 10/49 | €1,630,632 | €2,186,915 | +€556,284 | +34.1% |
| Equity | 10/15 | €796,568 | €1,261,386 | +€464,818 | +58.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €777,968 | €946,368 | +€168,400 | +21.6% |
| Tax-exempt reserves | 132 | €18,750 | €187,150 | +€168,400 | +898% |
| Distributable reserves | 133 | €759,218 | €759,218 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €296,418 | +€296,418 | |
| Amounts payable | 17/49 | €834,064 | €925,530 | +€91,466 | +11.0% |
| Amounts payable after more than one year | 17 | €259,068 | €273,417 | +€14,349 | +5.5% |
| Financial debts | 170/4 | €259,068 | €273,417 | +€14,349 | +5.5% |
| Amounts payable within one year | 42/48 | €504,274 | €598,794 | +€94,520 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €157,846 | €249,561 | +€91,715 | +58.1% |
| Trade debts | 44 | €118,051 | €147,916 | +€29,866 | +25.3% |
| Suppliers | 440/4 | €118,051 | €147,916 | +€29,866 | +25.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €228,039 | €200,978 | -€27,061 | -11.9% |
| Taxes | 450/3 | €97,305 | €71,785 | -€25,520 | -26.2% |
| Remuneration and social security | 454/9 | €130,734 | €129,193 | -€1,541 | -1.2% |
| Other amounts payable | 47/48 | €338 | €338 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €70,722 | €53,319 | -€17,403 | -24.6% |
| Remuneration, social security and pensions | 62 | €1,239,189 | €1,237,780 | -€1,409 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,017 | €127,046 | +€18,029 | +16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,475 | €3,456 | -€4,018 | -53.8% |
| Gross operating margin | 9900 | €1,701,484 | €2,001,603 | +€300,118 | +17.6% |
| Operating profit (loss) | 9901 | €345,803 | €633,320 | +€287,517 | +83.1% |
| Financial income | 75/76B | €2,644 | €6,955 | +€4,311 | +163% |
| Recurring financial income | 75 | €2,644 | €1,692 | -€952 | -36.0% |
| Non-recurring financial income | 76B | - | €5,263 | +€5,263 | |
| Financial charges | 65/66B | €17,198 | €23,894 | +€6,696 | +38.9% |
| Recurring financial charges | 65 | €17,198 | €23,894 | +€6,696 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €331,249 | €616,381 | +€285,132 | +86.1% |
| Income taxes | 67/77 | €100,242 | €151,563 | +€51,322 | +51.2% |
| Profit (loss) for the period | 9904 | €231,008 | €464,818 | +€233,811 | +101% |
| Transfer to tax-exempt reserves | 689 | - | €168,400 | +€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €231,008 | €296,418 | +€65,411 | +28.3% |
Next steps
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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 5 November 2026 via checked.be.