LYNCKX: what changed
Two fiscal 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.
LYNCKX
Largest movements
- Cash -€72,442
down €72,442 (-74.3%), from €97,439 to €24,997
mainly Current portion of long-term debt (-€54,763) and Receivables within one year (-€42,629)
- Receivables within one year +€42,629
up €42,629 (+56.9%), from €74,951 to €117,580
of which Other amounts receivable: +€68,548
- Current portion of long-term debt -€54,763
down €54,763 (-86.2%), from €63,499 to €8,736
- Reserves +€32,107
up €32,107 (+10.0%), from €319,568 to €351,674
- Debts after one year -€8,736
down €8,736 (-7.8%), from €112,118 to €103,383
- Gross operating margin -€105,153
down €105,153 (-63.6%), from €165,267 to €60,114
- Taxes -€26,189
down €26,189 (-58.5%), from €44,762 to €18,572
- Financial income +€7,083
up €7,083 (+109.2%), from €6,485 to €13,568
- Financial charges -€1,896
down €1,896 (-28.4%), from €6,671 to €4,775
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 | €524,875 | €497,779 | -€27,097 | -5.2% |
| Fixed assets | 21/28 | €150,359 | €155,201 | +€4,842 | +3.2% |
| Tangible fixed assets | 22/27 | €150,359 | €155,201 | +€4,842 | +3.2% |
| Furniture and vehicles | 24 | €10,955 | €8,994 | -€1,960 | -17.9% |
| Leasing and similar rights | 25 | €120,613 | €130,635 | +€10,022 | +8.3% |
| Other tangible fixed assets | 26 | €18,792 | €15,572 | -€3,220 | -17.1% |
| Current assets | 29/58 | €374,516 | €342,577 | -€31,939 | -8.5% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,951 | €117,580 | +€42,629 | +56.9% |
| Trade receivables | 40 | €49,308 | €23,389 | -€25,919 | -52.6% |
| Other amounts receivable | 41 | €25,643 | €94,191 | +€68,548 | +267.3% |
| Cash at bank and in hand | 54/58 | €97,439 | €24,997 | -€72,442 | -74.3% |
| Deferred charges and accrued income | 490/1 | €2,125 | - | -€2,125 | |
| Total equity and liabilities | 10/49 | €524,875 | €497,779 | -€27,097 | -5.2% |
| Equity | 10/15 | €320,568 | €352,674 | +€32,107 | +10.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €319,568 | €351,674 | +€32,107 | +10.0% |
| Distributable reserves | 133 | €319,568 | €351,674 | +€32,107 | +10.0% |
| Amounts payable | 17/49 | €204,307 | €145,104 | -€59,203 | -29.0% |
| Amounts payable after more than one year | 17 | €112,118 | €103,383 | -€8,736 | -7.8% |
| Financial debts | 170/4 | €112,118 | €103,383 | -€8,736 | -7.8% |
| Amounts payable within one year | 42/48 | €92,189 | €41,722 | -€50,468 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €63,499 | €8,736 | -€54,763 | -86.2% |
| Trade debts | 44 | €12,397 | €11,460 | -€937 | -7.6% |
| Suppliers | 440/4 | €12,397 | €11,460 | -€937 | -7.6% |
| Taxes, remuneration and social security | 45 | €16,293 | €21,526 | +€5,233 | +32.1% |
| Taxes | 450/3 | €16,293 | €21,526 | +€5,233 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,840 | €14,982 | -€858 | -5.4% |
| Other operating charges | 640/8 | €2,920 | €3,246 | +€326 | +11.2% |
| Gross operating margin | 9900 | €165,267 | €60,114 | -€105,153 | -63.6% |
| Operating profit (loss) | 9901 | €146,507 | €41,886 | -€104,621 | -71.4% |
| Financial income | 75/76B | €6,485 | €13,568 | +€7,083 | +109.2% |
| Recurring financial income | 75 | €6,485 | €13,568 | +€7,083 | +109.2% |
| Financial charges | 65/66B | €6,671 | €4,775 | -€1,896 | -28.4% |
| Recurring financial charges | 65 | €6,671 | €4,775 | -€1,896 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €146,321 | €50,679 | -€95,642 | -65.4% |
| Income taxes | 67/77 | €44,762 | €18,572 | -€26,189 | -58.5% |
| Profit (loss) for the period | 9904 | €101,559 | €32,107 | -€69,453 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €101,559 | €32,107 | -€69,453 | -68.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.