Luyten Tinne: what changed
Luyten Tinne
Largest movements
- Cash +€182,306
up €182,306 (+245%), from €74,448 to €256,754
mainly Other debts (+€203,931) and Net result for the year (+€112,912)
- Receivables within one year -€60,023
down €60,023 (-100%), from €60,023 to €0
of which Other amounts receivable: -€41,788
- Other debts +€203,931
up €203,931, from €0 to €203,931
- Profit (loss) carried forward -€112,075
down €112,075 (-100%), from €112,075 to €0
- Trade debts +€18,544
up €18,544 (+883%), from €2,099 to €20,643
- Tax, wage and social debts +€9,632
up €9,632 (+93.0%), from €10,361 to €19,993
- Gross operating margin +€113,589
up €113,589 (+290%), from €39,159 to €152,747
- Taxes +€25,895
up €25,895 (+331%), from €7,816 to €33,711
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,535 | €264,567 | +€120,032 | +83.0% |
| Fixed assets | 21/28 | €9,450 | €7,209 | -€2,240 | -23.7% |
| Tangible fixed assets | 22/27 | €9,450 | €7,209 | -€2,240 | -23.7% |
| Plant, machinery and equipment | 23 | €367 | €111 | -€256 | -69.6% |
| Furniture and vehicles | 24 | €9,083 | €7,098 | -€1,985 | -21.9% |
| Current assets | 29/58 | €135,085 | €257,358 | +€122,272 | +90.5% |
| Amounts receivable within one year | 40/41 | €60,023 | €0 | -€60,023 | -100% |
| Trade receivables | 40 | €18,235 | €0 | -€18,235 | -100% |
| Other amounts receivable | 41 | €41,788 | €0 | -€41,788 | -100% |
| Cash at bank and in hand | 54/58 | €74,448 | €256,754 | +€182,306 | +245% |
| Deferred charges and accrued income | 490/1 | €615 | €604 | -€11 | -1.8% |
| Total equity and liabilities | 10/49 | €144,535 | €264,567 | +€120,032 | +83.0% |
| Equity | 10/15 | €132,075 | €20,000 | -€112,075 | -84.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,075 | €0 | -€112,075 | -100% |
| Amounts payable | 17/49 | €12,461 | €244,567 | +€232,107 | +1,863% |
| Amounts payable within one year | 42/48 | €12,461 | €244,567 | +€232,107 | +1,863% |
| Trade debts | 44 | €2,099 | €20,643 | +€18,544 | +883% |
| Suppliers | 440/4 | €2,099 | €20,643 | +€18,544 | +883% |
| Taxes, remuneration and social security | 45 | €10,361 | €19,993 | +€9,632 | +93.0% |
| Taxes | 450/3 | €10,361 | €19,993 | +€9,632 | +93.0% |
| Other amounts payable | 47/48 | €0 | €203,931 | +€203,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,390 | €4,384 | +€994 | +29.3% |
| Other operating charges | 640/8 | €1,871 | €1,487 | -€384 | -20.5% |
| Gross operating margin | 9900 | €39,159 | €152,747 | +€113,589 | +290% |
| Operating profit (loss) | 9901 | €33,898 | €146,877 | +€112,979 | +333% |
| Financial income | 75/76B | €83 | - | -€83 | |
| Recurring financial income | 75 | €83 | - | -€83 | |
| Financial charges | 65/66B | €156 | €254 | +€98 | +62.9% |
| Recurring financial charges | 65 | €156 | €254 | +€98 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €33,826 | €146,623 | +€112,798 | +333% |
| Income taxes | 67/77 | €7,816 | €33,711 | +€25,895 | +331% |
| Profit (loss) for the period | 9904 | €26,010 | €112,912 | +€86,903 | +334% |
| Profit (loss) for the period to be appropriated | 9905 | €26,010 | €112,912 | +€86,903 | +334% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.