LLINX: 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.
LLINX
Largest movements
- Receivables within one year -€8,550
down €8,550 (-51.4%), from €16,646 to €8,095
of which Trade receivables: -€11,501
- Tangible fixed assets +€7,703
up €7,703 (+75.1%), from €10,259 to €17,962
of which Furniture and vehicles: +€6,227
- Cash -€4,365
down €4,365 (-17.1%), from €25,523 to €21,158
mainly Contributions, distributions and other (-€17,783) and Investment in fixed assets (net) (-€10,184)
- Deferred charges and accrued income -€2,236
down €2,236 (-98.1%), from €2,279 to €43
- Reserves -€5,846
down €5,846 (-36.9%), from €15,846 to €10,000
- Other debts -€3,274
down €3,274 (-15.7%), from €20,861 to €17,587
- Tax, wage and social debts +€3,207
up €3,207 (+40.4%), from €7,942 to €11,149
of which Remuneration and social security: +€1,875
- Trade debts -€1,536
down €1,536 (-17.0%), from €9,058 to €7,522
- Gross operating margin -€6,111
down €6,111 (-23.3%), from €26,248 to €20,138
- Financial charges -€1,328
down €1,328 (-49.9%), from €2,661 to €1,333
- Taxes -€951
down €951 (-20.9%), from €4,552 to €3,601
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 | €54,707 | €47,259 | -€7,448 | -13.6% |
| Fixed assets | 21/28 | €10,259 | €17,962 | +€7,703 | +75.1% |
| Tangible fixed assets | 22/27 | €10,259 | €17,962 | +€7,703 | +75.1% |
| Plant, machinery and equipment | 23 | €0 | €2,519 | +€2,519 | |
| Furniture and vehicles | 24 | €2,284 | €8,511 | +€6,227 | +272.6% |
| Other tangible fixed assets | 26 | €7,975 | €6,932 | -€1,043 | -13.1% |
| Current assets | 29/58 | €44,448 | €29,297 | -€15,151 | -34.1% |
| Amounts receivable within one year | 40/41 | €16,646 | €8,095 | -€8,550 | -51.4% |
| Trade receivables | 40 | €15,198 | €3,697 | -€11,501 | -75.7% |
| Other amounts receivable | 41 | €1,448 | €4,399 | +€2,951 | +203.8% |
| Cash at bank and in hand | 54/58 | €25,523 | €21,158 | -€4,365 | -17.1% |
| Deferred charges and accrued income | 490/1 | €2,279 | €43 | -€2,236 | -98.1% |
| Total equity and liabilities | 10/49 | €54,707 | €47,259 | -€7,448 | -13.6% |
| Equity | 10/15 | €16,846 | €11,000 | -€5,846 | -34.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,846 | €10,000 | -€5,846 | -36.9% |
| Distributable reserves | 133 | €15,846 | €10,000 | -€5,846 | -36.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,861 | €36,259 | -€1,603 | -4.2% |
| Amounts payable within one year | 42/48 | €37,861 | €36,259 | -€1,603 | -4.2% |
| Trade debts | 44 | €9,058 | €7,522 | -€1,536 | -17.0% |
| Suppliers | 440/4 | €9,058 | €7,522 | -€1,536 | -17.0% |
| Taxes, remuneration and social security | 45 | €7,942 | €11,149 | +€3,207 | +40.4% |
| Taxes | 450/3 | €7,942 | €9,274 | +€1,332 | +16.8% |
| Remuneration and social security | 454/9 | - | €1,875 | +€1,875 | |
| Other amounts payable | 47/48 | €20,861 | €17,587 | -€3,274 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,304 | €2,481 | +€177 | +7.7% |
| Other operating charges | 640/8 | €762 | €785 | +€23 | +3.0% |
| Gross operating margin | 9900 | €26,248 | €20,138 | -€6,111 | -23.3% |
| Operating profit (loss) | 9901 | €23,182 | €16,872 | -€6,311 | -27.2% |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.9% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.9% |
| Financial charges | 65/66B | €2,661 | €1,333 | -€1,328 | -49.9% |
| Recurring financial charges | 65 | €2,661 | €1,333 | -€1,328 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €20,535 | €15,539 | -€4,997 | -24.3% |
| Income taxes | 67/77 | €4,552 | €3,601 | -€951 | -20.9% |
| Profit (loss) for the period | 9904 | €15,983 | €11,937 | -€4,046 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,983 | €11,937 | -€4,046 | -25.3% |
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 9 October 2026 via checked.be.