LINXET: 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.
LINXET
Largest movements
- Cash +€19,809
up €19,809 (+940%), from €2,107 to €21,916
mainly Investment in fixed assets (net) (+€11,435) and Trade debts (+€9,647)
- Tangible fixed assets -€17,304
down €17,304 (-41.8%), from €41,391 to €24,087
of which Assets under construction and advance payments: -€13,000
- Receivables within one year +€5,340
up €5,340 (+5.0%), from €107,770 to €113,110
of which Other amounts receivable: +€11,568
- Trade debts +€9,647
up €9,647 (+1,148%), from €840 to €10,487
- Other operating charges +€11,713
up €11,713 (+17,225%), from €68 to €11,781
- Gross operating margin +€11,463
up €11,463 (+176%), from €6,512 to €17,975
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.
Derived cash bridge
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 | €151,269 | €160,458 | +€9,190 | +6.1% |
| Fixed assets | 21/28 | €41,391 | €24,087 | -€17,304 | -41.8% |
| Tangible fixed assets | 22/27 | €41,391 | €24,087 | -€17,304 | -41.8% |
| Land and buildings | 22 | €21,934 | €19,182 | -€2,751 | -12.5% |
| Plant, machinery and equipment | 23 | €1,063 | €823 | -€240 | -22.6% |
| Furniture and vehicles | 24 | €5,395 | €4,082 | -€1,313 | -24.3% |
| Assets under construction and advance payments | 27 | €13,000 | - | -€13,000 | |
| Current assets | 29/58 | €109,878 | €136,371 | +€26,494 | +24.1% |
| Amounts receivable within one year | 40/41 | €107,770 | €113,110 | +€5,340 | +5.0% |
| Trade receivables | 40 | €6,229 | - | -€6,229 | |
| Other amounts receivable | 41 | €101,542 | €113,110 | +€11,568 | +11.4% |
| Cash at bank and in hand | 54/58 | €2,107 | €21,916 | +€19,809 | +940% |
| Deferred charges and accrued income | 490/1 | - | €1,345 | +€1,345 | |
| Total equity and liabilities | 10/49 | €151,269 | €160,458 | +€9,190 | +6.1% |
| Equity | 10/15 | €150,043 | €149,314 | -€729 | -0.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €147,043 | €146,314 | -€729 | -0.5% |
| Distributable reserves | 133 | €147,043 | €146,314 | -€729 | -0.5% |
| Amounts payable | 17/49 | €1,226 | €11,144 | +€9,918 | +809% |
| Amounts payable within one year | 42/48 | €1,226 | €11,144 | +€9,918 | +809% |
| Trade debts | 44 | €840 | €10,487 | +€9,647 | +1,148% |
| Suppliers | 440/4 | €840 | €10,487 | +€9,647 | +1,148% |
| Taxes, remuneration and social security | 45 | €386 | €657 | +€271 | +70.4% |
| Taxes | 450/3 | €386 | €657 | +€271 | +70.4% |
| Remuneration, social security and pensions | 62 | €193 | €24 | -€169 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,781 | €5,869 | +€88 | +1.5% |
| Other operating charges | 640/8 | €68 | €11,781 | +€11,713 | +17,225% |
| Gross operating margin | 9900 | €6,512 | €17,975 | +€11,463 | +176% |
| Operating profit (loss) | 9901 | €470 | €301 | -€169 | -35.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €308 | €373 | +€65 | +21.2% |
| Recurring financial charges | 65 | €308 | €373 | +€65 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €162 | -€71 | -€234 | |
| Income taxes | 67/77 | €667 | €657 | -€10 | -1.5% |
| Profit (loss) for the period | 9904 | -€505 | -€729 | -€224 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€505 | -€729 | -€224 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.