Linxer: 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.
Linxer
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€17,843
down €17,843 (-14.8%), from €120,542 to €102,699
mainly Current investments (-€50,000) and Investment in fixed assets (net) (-€1,213)
- Reserves +€29,017
up €29,017 (+29.2%), from €99,408 to €128,425
- Gross operating margin +€2,565
up €2,565 (+5.1%), from €50,459 to €53,023
- Financial charges +€2,291
up €2,291 (+37.8%), from €6,056 to €8,347
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,219 | €164,080 | +€30,861 | +23.2% |
| Fixed assets | 21/28 | €8,356 | €6,780 | -€1,576 | -18.9% |
| Tangible fixed assets | 22/27 | €8,356 | €6,780 | -€1,576 | -18.9% |
| Plant, machinery and equipment | 23 | €1,194 | €1,034 | -€161 | -13.4% |
| Furniture and vehicles | 24 | €7,162 | €5,746 | -€1,416 | -19.8% |
| Current assets | 29/58 | €124,863 | €157,300 | +€32,437 | +26.0% |
| Amounts receivable within one year | 40/41 | €4,261 | €4,540 | +€279 | +6.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,261 | €4,540 | +€279 | +6.6% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €120,542 | €102,699 | -€17,843 | -14.8% |
| Deferred charges and accrued income | 490/1 | €60 | €61 | +€1 | +1.9% |
| Total equity and liabilities | 10/49 | €133,219 | €164,080 | +€30,861 | +23.2% |
| Equity | 10/15 | €116,408 | €145,425 | +€29,017 | +24.9% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €99,408 | €128,425 | +€29,017 | +29.2% |
| Distributable reserves | 133 | €99,408 | €128,425 | +€29,017 | +29.2% |
| Amounts payable | 17/49 | €16,811 | €18,655 | +€1,844 | +11.0% |
| Amounts payable within one year | 42/48 | €16,561 | €18,405 | +€1,844 | +11.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,871 | €2,315 | +€445 | +23.8% |
| Suppliers | 440/4 | €1,871 | €2,315 | +€445 | +23.8% |
| Taxes, remuneration and social security | 45 | €10,555 | €10,502 | -€53 | -0.5% |
| Taxes | 450/3 | €7,305 | €7,252 | -€53 | -0.7% |
| Remuneration and social security | 454/9 | €3,250 | €3,250 | = | 0.0% |
| Other amounts payable | 47/48 | €4,136 | €5,588 | +€1,452 | +35.1% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €2,789 | +€315 | +12.7% |
| Other operating charges | 640/8 | €132 | €530 | +€398 | +302.0% |
| Gross operating margin | 9900 | €50,459 | €53,023 | +€2,565 | +5.1% |
| Operating profit (loss) | 9901 | €47,852 | €49,704 | +€1,852 | +3.9% |
| Financial income | 75/76B | €76 | €1 | -€75 | -98.4% |
| Recurring financial income | 75 | €76 | €1 | -€75 | -98.4% |
| Financial charges | 65/66B | €6,056 | €8,347 | +€2,291 | +37.8% |
| Recurring financial charges | 65 | €6,056 | €8,347 | +€2,291 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €41,872 | €41,358 | -€514 | -1.2% |
| Income taxes | 67/77 | €12,326 | €12,341 | +€14 | +0.1% |
| Profit (loss) for the period | 9904 | €29,545 | €29,017 | -€528 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,545 | €29,017 | -€528 | -1.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.