LYNDEN: 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.
LYNDEN
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets +€96,040
up €96,040 (+1,605%), from €5,984 to €102,024
of which Furniture and vehicles: +€86,084
- Cash +€20,528
up €20,528 (+14.1%), from €145,976 to €166,504
mainly Net result for the year (+€185,282) and Other debts (+€146,729)
- Receivables within one year -€16,606
down €16,606 (-79.6%), from €20,873 to €4,267
of which Trade receivables: -€18,369
- Profit (loss) carried forward -€197,349
down €197,349 (-92.8%), from €212,631 to €15,282
- Other debts +€146,729
up €146,729 (+26,028%), from €564 to €147,292
- Debts after one year +€33,056
new in 2025: €33,056
- Current portion of long-term debt +€12,047
new in 2025: €12,047
- Tax, wage and social debts +€2,956
up €2,956 (+5.0%), from €59,188 to €62,144
- Gross operating margin +€109,176
up €109,176 (+75.0%), from €145,482 to €254,658
- Taxes +€23,940
up €23,940 (+73.7%), from €32,484 to €56,424
- Depreciation +€10,862
up €10,862 (+3,730%), from €291 to €11,154
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 | €275,648 | €274,450 | -€1,198 | -0.4% |
| Fixed assets | 21/28 | €5,984 | €102,024 | +€96,040 | +1,605% |
| Tangible fixed assets | 22/27 | €5,984 | €102,024 | +€96,040 | +1,605% |
| Plant, machinery and equipment | 23 | €1,573 | €1,366 | -€207 | -13.2% |
| Furniture and vehicles | 24 | - | €86,084 | +€86,084 | |
| Other tangible fixed assets | 26 | €4,412 | €14,574 | +€10,162 | +230% |
| Current assets | 29/58 | €269,664 | €172,426 | -€97,238 | -36.1% |
| Amounts receivable within one year | 40/41 | €20,873 | €4,267 | -€16,606 | -79.6% |
| Trade receivables | 40 | €20,873 | €2,504 | -€18,369 | -88.0% |
| Other amounts receivable | 41 | €0 | €1,763 | +€1,763 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €145,976 | €166,504 | +€20,528 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,815 | €1,655 | -€1,160 | -41.2% |
| Total equity and liabilities | 10/49 | €275,648 | €274,450 | -€1,198 | -0.4% |
| Equity | 10/15 | €214,631 | €17,282 | -€197,349 | -91.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,631 | €15,282 | -€197,349 | -92.8% |
| Amounts payable | 17/49 | €61,017 | €257,167 | +€196,150 | +321% |
| Amounts payable after more than one year | 17 | - | €33,056 | +€33,056 | |
| Financial debts | 170/4 | - | €33,056 | +€33,056 | |
| Amounts payable within one year | 42/48 | €60,759 | €224,112 | +€163,353 | +269% |
| Current portion of amounts payable after more than one year | 42 | - | €12,047 | +€12,047 | |
| Trade debts | 44 | €1,008 | €2,628 | +€1,621 | +161% |
| Suppliers | 440/4 | €1,008 | €2,628 | +€1,621 | +161% |
| Taxes, remuneration and social security | 45 | €59,188 | €62,144 | +€2,956 | +5.0% |
| Taxes | 450/3 | €59,188 | €62,144 | +€2,956 | +5.0% |
| Other amounts payable | 47/48 | €564 | €147,292 | +€146,729 | +26,028% |
| Accrued charges and deferred income | 492/3 | €258 | €0 | -€258 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | €11,154 | +€10,862 | +3,730% |
| Other operating charges | 640/8 | - | €483 | +€483 | |
| Gross operating margin | 9900 | €145,482 | €254,658 | +€109,176 | +75.0% |
| Operating profit (loss) | 9901 | €145,191 | €243,022 | +€97,831 | +67.4% |
| Financial income | 75/76B | €2,114 | €623 | -€1,491 | -70.5% |
| Recurring financial income | 75 | €2,114 | €623 | -€1,491 | -70.5% |
| Financial charges | 65/66B | €2,296 | €1,938 | -€357 | -15.6% |
| Recurring financial charges | 65 | €2,296 | €1,938 | -€357 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €145,009 | €241,706 | +€96,697 | +66.7% |
| Income taxes | 67/77 | €32,484 | €56,424 | +€23,940 | +73.7% |
| Profit (loss) for the period | 9904 | €112,526 | €185,282 | +€72,757 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €112,526 | €185,282 | +€72,757 | +64.7% |
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 13 October 2026 via checked.be.