LLINA: 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.
LLINA
Largest movements
- Receivables within one year +€51,576
up €51,576 (+516%), from €9,992 to €61,568
- Tangible fixed assets -€30,120
down €30,120 (-11.3%), from €266,667 to €236,546
of which Furniture and vehicles: -€23,989
- Cash +€24,418
up €24,418 (+388%), from €6,291 to €30,709
mainly Net result for the year (+€37,472) and Depreciation (+€25,019)
- Reserves +€72,343
up €72,343 (+131%), from €55,361 to €127,703
- Profit (loss) carried forward -€34,870
no longer reported in 2025 (was €34,870)
- Tax, wage and social debts +€19,218
up €19,218 (+79.8%), from €24,085 to €43,304
- Debts after one year -€7,190
down €7,190 (-5.6%), from €128,222 to €121,032
- Gross operating margin +€16,026
up €16,026 (+18.3%), from €87,661 to €103,687
- Taxes +€8,331
up €8,331 (+46.6%), from €17,886 to €26,217
- Other operating charges -€3,622
down €3,622 (-78.9%), from €4,589 to €967
- Depreciation -€1,436
down €1,436 (-5.4%), from €26,455 to €25,019
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 | €284,600 | €330,503 | +€45,903 | +16.1% |
| Fixed assets | 21/28 | €266,898 | €236,778 | -€30,120 | -11.3% |
| Tangible fixed assets | 22/27 | €266,667 | €236,546 | -€30,120 | -11.3% |
| Land and buildings | 22 | €175,968 | €168,892 | -€7,075 | -4.0% |
| Plant, machinery and equipment | 23 | €2,380 | €3,324 | +€944 | +39.7% |
| Furniture and vehicles | 24 | €88,319 | €64,330 | -€23,989 | -27.2% |
| Financial fixed assets | 28 | €231 | €231 | = | 0.0% |
| Current assets | 29/58 | €17,702 | €93,725 | +€76,023 | +429% |
| Amounts receivable within one year | 40/41 | €9,992 | €61,568 | +€51,576 | +516% |
| Trade receivables | 40 | €9,992 | €61,568 | +€51,576 | +516% |
| Cash at bank and in hand | 54/58 | €6,291 | €30,709 | +€24,418 | +388% |
| Deferred charges and accrued income | 490/1 | €1,419 | €1,447 | +€28 | +2.0% |
| Total equity and liabilities | 10/49 | €284,600 | €330,503 | +€45,903 | +16.1% |
| Equity | 10/15 | €92,231 | €129,703 | +€37,472 | +40.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,361 | €127,703 | +€72,343 | +131% |
| Distributable reserves | 133 | €55,361 | €127,703 | +€72,343 | +131% |
| Profit (loss) carried forward | 14 | €34,870 | - | -€34,870 | |
| Amounts payable | 17/49 | €192,369 | €200,799 | +€8,430 | +4.4% |
| Amounts payable after more than one year | 17 | €128,222 | €121,032 | -€7,190 | -5.6% |
| Financial debts | 170/4 | €128,222 | €121,032 | -€7,190 | -5.6% |
| Amounts payable within one year | 42/48 | €63,948 | €79,768 | +€15,819 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €9,098 | €7,190 | -€1,908 | -21.0% |
| Trade debts | 44 | €321 | €1,720 | +€1,399 | +436% |
| Suppliers | 440/4 | €321 | €1,720 | +€1,399 | +436% |
| Taxes, remuneration and social security | 45 | €24,085 | €43,304 | +€19,218 | +79.8% |
| Taxes | 450/3 | €24,085 | €43,304 | +€19,218 | +79.8% |
| Other amounts payable | 47/48 | €30,444 | €27,554 | -€2,890 | -9.5% |
| Accrued charges and deferred income | 492/3 | €199 | - | -€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,455 | €25,019 | -€1,436 | -5.4% |
| Other operating charges | 640/8 | €4,589 | €967 | -€3,622 | -78.9% |
| Non-recurring operating charges | 66A | €948 | €7,811 | +€6,863 | +724% |
| Gross operating margin | 9900 | €87,661 | €103,687 | +€16,026 | +18.3% |
| Operating profit (loss) | 9901 | €55,669 | €69,889 | +€14,220 | +25.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,874 | €6,200 | -€675 | -9.8% |
| Recurring financial charges | 65 | €6,874 | €6,200 | -€675 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €48,795 | €63,690 | +€14,895 | +30.5% |
| Income taxes | 67/77 | €17,886 | €26,217 | +€8,331 | +46.6% |
| Profit (loss) for the period | 9904 | €30,909 | €37,472 | +€6,564 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,909 | €37,472 | +€6,564 | +21.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.