LINUS: 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.
LINUS
Largest movements
- Tangible fixed assets +€79,005
up €79,005 (+408.4%), from €19,347 to €98,352
of which Furniture and vehicles: +€80,031
- Cash +€70,186
up €70,186 (+70.5%), from €99,561 to €169,747
mainly Net result for the year (+€204,260) and Tax, wage and social debts (+€59,207)
- Current investments +€61,069
up €61,069 (+32.3%), from €189,132 to €250,201
- Receivables after one year +€29,859
up €29,859 (+28.1%), from €106,339 to €136,199
- Reserves +€163,105
up €163,105 (+52.1%), from €313,222 to €476,327
- Tax, wage and social debts +€59,207
up €59,207 (+130.5%), from €45,352 to €104,558
- Debts after one year +€25,819
new in 2024: €25,819
- Other debts -€11,256
down €11,256 (-15.4%), from €73,256 to €62,000
- Current portion of long-term debt +€6,992
up €6,992 (+272.5%), from €2,566 to €9,558
- Gross operating margin +€138,899
up €138,899 (+76.2%), from €182,384 to €321,284
- Taxes +€43,625
up €43,625 (+75.7%), from €57,654 to €101,279
- Financial charges +€12,575
up €12,575, from -€9,598 to €2,976
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,917 | €696,474 | +€242,556 | +53.4% |
| Fixed assets | 21/28 | €19,347 | €98,352 | +€79,005 | +408.4% |
| Tangible fixed assets | 22/27 | €19,347 | €98,352 | +€79,005 | +408.4% |
| Furniture and vehicles | 24 | €17,574 | €97,605 | +€80,031 | +455.4% |
| Other tangible fixed assets | 26 | €1,773 | €748 | -€1,026 | -57.8% |
| Current assets | 29/58 | €434,570 | €598,122 | +€163,551 | +37.6% |
| Amounts receivable after more than one year | 29 | €106,339 | €136,199 | +€29,859 | +28.1% |
| Other amounts receivable | 291 | €106,339 | €136,199 | +€29,859 | +28.1% |
| Amounts receivable within one year | 40/41 | €39,538 | €41,975 | +€2,437 | +6.2% |
| Trade receivables | 40 | €32,876 | €32,525 | -€351 | -1.1% |
| Other amounts receivable | 41 | €6,662 | €9,450 | +€2,788 | +41.8% |
| Current investments | 50/53 | €189,132 | €250,201 | +€61,069 | +32.3% |
| Cash at bank and in hand | 54/58 | €99,561 | €169,747 | +€70,186 | +70.5% |
| Total equity and liabilities | 10/49 | €453,917 | €696,474 | +€242,556 | +53.4% |
| Equity | 10/15 | €328,595 | €491,700 | +€163,105 | +49.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €313,222 | €476,327 | +€163,105 | +52.1% |
| Distributable reserves | 133 | €313,222 | €476,327 | +€163,105 | +52.1% |
| Profit (loss) carried forward | 14 | €2,973 | €2,973 | +€0 | 0.0% |
| Amounts payable | 17/49 | €125,322 | €204,773 | +€79,451 | +63.4% |
| Amounts payable after more than one year | 17 | - | €25,819 | +€25,819 | |
| Financial debts | 170/4 | - | €25,819 | +€25,819 | |
| Amounts payable within one year | 42/48 | €121,822 | €178,954 | +€57,132 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €2,566 | €9,558 | +€6,992 | +272.5% |
| Trade debts | 44 | €648 | €2,838 | +€2,190 | +338.0% |
| Suppliers | 440/4 | €648 | €2,838 | +€2,190 | +338.0% |
| Taxes, remuneration and social security | 45 | €45,352 | €104,558 | +€59,207 | +130.5% |
| Taxes | 450/3 | €45,352 | €104,558 | +€59,207 | +130.5% |
| Other amounts payable | 47/48 | €73,256 | €62,000 | -€11,256 | -15.4% |
| Accrued charges and deferred income | 492/3 | €3,500 | - | -€3,500 | |
| Non-recurring operating income | 76A | - | €1,666 | +€1,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,680 | €15,879 | +€199 | +1.3% |
| Other operating charges | 640/8 | €1,275 | €2,196 | +€922 | +72.3% |
| Gross operating margin | 9900 | €182,384 | €321,284 | +€138,899 | +76.2% |
| Operating profit (loss) | 9901 | €165,429 | €303,208 | +€137,779 | +83.3% |
| Financial income | 75/76B | €4,508 | €5,308 | +€800 | +17.7% |
| Recurring financial income | 75 | €4,508 | €5,308 | +€800 | +17.7% |
| Financial charges | 65/66B | -€9,598 | €2,976 | +€12,575 | |
| Recurring financial charges | 65 | -€9,598 | €2,976 | +€12,575 | |
| Profit (loss) for the period before taxes | 9903 | €179,535 | €305,540 | +€126,004 | +70.2% |
| Income taxes | 67/77 | €57,654 | €101,279 | +€43,625 | +75.7% |
| Profit (loss) for the period | 9904 | €121,881 | €204,260 | +€82,379 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,881 | €204,260 | +€82,379 | +67.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.