Lyncis: 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.
Lyncis
Largest movements
- Current investments +€150,550
up €150,550 (+12.7%), from €1.2m to €1.3m
- Cash -€96,693
down €96,693 (-55.0%), from €175,677 to €78,984
mainly Current investments (-€150,550) and Trade debts (-€1,704)
- Reserves +€24,789
up €24,789 (+1.7%), from €1.4m to €1.5m
- Profit (loss) carried forward +€18,542
up €18,542, from -€18,542 to €0
- Financial income +€57,121
up €57,121 (+197%), from €29,000 to €86,121
- Write-downs +€14,951
up €14,951, from -€14,951 to €0
- Other operating charges +€3,079
up €3,079 (+284%), from €1,086 to €4,165
- Financial charges +€2,618
up €2,618 (+70.0%), from €3,742 to €6,360
- Taxes +€2,605
up €2,605 (+1,848%), from €141 to €2,746
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 | €1,431,207 | €1,472,816 | +€41,610 | +2.9% |
| Fixed assets | 21/28 | €21,419 | €16,441 | -€4,978 | -23.2% |
| Tangible fixed assets | 22/27 | €21,419 | €16,441 | -€4,978 | -23.2% |
| Furniture and vehicles | 24 | €21,419 | €16,441 | -€4,978 | -23.2% |
| Current assets | 29/58 | €1,409,788 | €1,456,375 | +€46,587 | +3.3% |
| Amounts receivable within one year | 40/41 | €43,887 | €36,409 | -€7,478 | -17.0% |
| Trade receivables | 40 | €5,047 | €782 | -€4,265 | -84.5% |
| Other amounts receivable | 41 | €38,840 | €35,628 | -€3,212 | -8.3% |
| Current investments | 50/53 | €1,189,905 | €1,340,455 | +€150,550 | +12.7% |
| Cash at bank and in hand | 54/58 | €175,677 | €78,984 | -€96,693 | -55.0% |
| Deferred charges and accrued income | 490/1 | €319 | €527 | +€208 | +65.3% |
| Total equity and liabilities | 10/49 | €1,431,207 | €1,472,816 | +€41,610 | +2.9% |
| Equity | 10/15 | €1,426,746 | €1,470,077 | +€43,331 | +3.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,426,737 | €1,451,527 | +€24,789 | +1.7% |
| Distributable reserves | 133 | €1,426,737 | €1,451,527 | +€24,789 | +1.7% |
| Profit (loss) carried forward | 14 | -€18,542 | €0 | +€18,542 | |
| Amounts payable | 17/49 | €4,461 | €2,739 | -€1,722 | -38.6% |
| Amounts payable within one year | 42/48 | €4,461 | €2,739 | -€1,722 | -38.6% |
| Trade debts | 44 | €4,443 | €2,739 | -€1,704 | -38.3% |
| Suppliers | 440/4 | €4,443 | €2,739 | -€1,704 | -38.3% |
| Taxes, remuneration and social security | 45 | €18 | €0 | -€18 | -100% |
| Taxes | 450/3 | €18 | €0 | -€18 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,309 | €4,978 | +€1,668 | +50.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,951 | €0 | +€14,951 | |
| Other operating charges | 640/8 | €1,086 | €4,165 | +€3,079 | +284% |
| Gross operating margin | 9900 | -€23,738 | -€24,541 | -€803 | -3.4% |
| Operating profit (loss) | 9901 | -€13,183 | -€33,684 | -€20,501 | -156% |
| Financial income | 75/76B | €29,000 | €86,121 | +€57,121 | +197% |
| Recurring financial income | 75 | €29,000 | €86,121 | +€57,121 | +197% |
| Financial charges | 65/66B | €3,742 | €6,360 | +€2,618 | +70.0% |
| Recurring financial charges | 65 | €3,742 | €6,360 | +€2,618 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €12,075 | €46,077 | +€34,002 | +282% |
| Income taxes | 67/77 | €141 | €2,746 | +€2,605 | +1,848% |
| Profit (loss) for the period | 9904 | €11,934 | €43,331 | +€31,397 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €11,934 | €43,331 | +€31,397 | +263% |
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 16 October 2026 via checked.be.