LINVESTATE LTD: 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.
LINVESTATE LTD
Largest movements
- Receivables within one year +€5,301
up €5,301 (+9.7%), from €54,424 to €59,724
of which Trade receivables: +€4,694
- Trade debts +€10,767
up €10,767 (+338%), from €3,186 to €13,954
- Other debts -€10,256
down €10,256 (-6.5%), from €157,790 to €147,534
- Debts after one year -€9,479
down €9,479 (-39.3%), from €24,105 to €14,627
- Reserves +€8,138
up €8,138 (+45.8%), from €17,756 to €25,894
of which Distributable reserves: +€8,138
- Tax, wage and social debts +€5,045
up €5,045 (+106%), from €4,773 to €9,818
- Turnover +€13,033
up €13,033 (+26.7%), from €48,885 to €61,918
- Gross operating margin +€9,617
up €9,617 (+73.8%), from €13,037 to €22,654
- Other operating charges +€5,520
up €5,520 (+190%), from €2,909 to €8,428
- Purchases and services +€3,491
up €3,491 (+9.4%), from €37,299 to €40,790
- Taxes +€2,708
up €2,708 (+134%), from €2,023 to €4,730
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.
Derived cash bridge
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 | €218,380 | €222,809 | +€4,428 | +2.0% |
| Fixed assets | 21/28 | €1,074 | €572 | -€502 | -46.8% |
| Tangible fixed assets | 22/27 | €1,074 | €572 | -€502 | -46.8% |
| Plant, machinery and equipment | 23 | €966 | €504 | -€463 | -47.9% |
| Furniture and vehicles | 24 | €107 | €68 | -€40 | -36.9% |
| Current assets | 29/58 | €217,306 | €222,237 | +€4,931 | +2.3% |
| Stocks and contracts in progress | 3 | €161,605 | €161,605 | = | 0.0% |
| Stocks | 30/36 | €161,605 | €161,605 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,424 | €59,724 | +€5,301 | +9.7% |
| Trade receivables | 40 | €53,273 | €57,967 | +€4,694 | +8.8% |
| Other amounts receivable | 41 | €1,150 | €1,757 | +€607 | +52.7% |
| Cash at bank and in hand | 54/58 | €645 | €242 | -€403 | -62.5% |
| Deferred charges and accrued income | 490/1 | €633 | €666 | +€33 | +5.2% |
| Total equity and liabilities | 10/49 | €218,380 | €222,809 | +€4,428 | +2.0% |
| Equity | 10/15 | €19,256 | €27,394 | +€8,138 | +42.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €17,756 | €25,894 | +€8,138 | +45.8% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €17,606 | €25,744 | +€8,138 | +46.2% |
| Amounts payable | 17/49 | €199,124 | €195,415 | -€3,710 | -1.9% |
| Amounts payable after more than one year | 17 | €24,105 | €14,627 | -€9,479 | -39.3% |
| Financial debts | 170/4 | €24,105 | €14,627 | -€9,479 | -39.3% |
| Amounts payable within one year | 42/48 | €175,019 | €180,788 | +€5,769 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €9,266 | €9,479 | +€212 | +2.3% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €3,186 | €13,954 | +€10,767 | +338% |
| Suppliers | 440/4 | €3,186 | €13,954 | +€10,767 | +338% |
| Taxes, remuneration and social security | 45 | €4,773 | €9,818 | +€5,045 | +106% |
| Taxes | 450/3 | €4,773 | €9,818 | +€5,045 | +106% |
| Other amounts payable | 47/48 | €157,790 | €147,534 | -€10,256 | -6.5% |
| Turnover | 70 | €48,885 | €61,918 | +€13,033 | +26.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,299 | €40,790 | +€3,491 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €502 | -€159 | -24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,517 | - | -€2,517 | |
| Other operating charges | 640/8 | €2,909 | €8,428 | +€5,520 | +190% |
| Gross operating margin | 9900 | €13,037 | €22,654 | +€9,617 | +73.8% |
| Operating profit (loss) | 9901 | €6,950 | €13,724 | +€6,774 | +97.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €1,066 | €855 | -€211 | -19.8% |
| Recurring financial charges | 65 | €1,066 | €855 | -€211 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €5,884 | €12,868 | +€6,985 | +119% |
| Income taxes | 67/77 | €2,023 | €4,730 | +€2,708 | +134% |
| Profit (loss) for the period | 9904 | €3,861 | €8,138 | +€4,277 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €3,861 | €8,138 | +€4,277 | +111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.