LYNDY: 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.
LYNDY
Largest movements
- Tangible fixed assets +€36,737
up €36,737 (+18.9%), from €194,017 to €230,753
of which Land and buildings: +€50,246
- Intangible fixed assets +€32,292
new in 2025: €32,292
- Cash -€20,207
down €20,207 (-91.3%), from €22,136 to €1,929
mainly Investment in fixed assets (net) (-€139,511) and Net result for the year (-€29,856)
- Receivables within one year -€19,725
down €19,725 (-61.8%), from €31,910 to €12,185
of which Trade receivables: -€19,010
- Deferred charges and accrued income -€14,133
down €14,133 (-30.1%), from €46,985 to €32,852
- Debts after one year +€46,151
up €46,151 (+70.2%), from €65,704 to €111,855
- Profit (loss) carried forward -€29,856
down €29,856 (-79.6%), from -€37,503 to -€67,359
- Trade debts +€29,808
up €29,808 (+3,173%), from €940 to €30,747
- Other debts -€21,250
down €21,250 (-26.3%), from €80,664 to €59,414
- Tax, wage and social debts -€17,785
down €17,785 (-78.2%), from €22,739 to €4,954
of which Taxes: -€10,871
- Depreciation +€19,914
up €19,914 (+39.4%), from €50,568 to €70,483
- Gross operating margin -€15,448
down €15,448 (-21.1%), from €73,196 to €57,748
- Financial charges +€2,216
up €2,216 (+25.5%), from €8,706 to €10,922
- Taxes -€2,020
down €2,020 (-96.8%), from €2,086 to €66
- Other operating charges +€1,872
up €1,872 (+43.7%), from €4,287 to €6,159
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 | €300,046 | €310,011 | +€9,964 | +3.3% |
| Fixed assets | 21/28 | €194,017 | €263,045 | +€69,029 | +35.6% |
| Intangible fixed assets | 21 | - | €32,292 | +€32,292 | |
| Tangible fixed assets | 22/27 | €194,017 | €230,753 | +€36,737 | +18.9% |
| Land and buildings | 22 | €130,458 | €180,704 | +€50,246 | +38.5% |
| Plant, machinery and equipment | 23 | €2,757 | €3,798 | +€1,041 | +37.8% |
| Furniture and vehicles | 24 | €54,908 | €41,194 | -€13,713 | -25.0% |
| Other tangible fixed assets | 26 | €5,894 | €5,057 | -€837 | -14.2% |
| Current assets | 29/58 | €106,030 | €46,965 | -€59,064 | -55.7% |
| Amounts receivable after more than one year | 29 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 291 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €31,910 | €12,185 | -€19,725 | -61.8% |
| Trade receivables | 40 | €30,907 | €11,897 | -€19,010 | -61.5% |
| Other amounts receivable | 41 | €1,003 | €288 | -€715 | -71.3% |
| Cash at bank and in hand | 54/58 | €22,136 | €1,929 | -€20,207 | -91.3% |
| Deferred charges and accrued income | 490/1 | €46,985 | €32,852 | -€14,133 | -30.1% |
| Total equity and liabilities | 10/49 | €300,046 | €310,011 | +€9,964 | +3.3% |
| Equity | 10/15 | €21,411 | -€8,445 | -€29,856 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,714 | €52,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,100 | €12,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,100 | €12,100 | = | 0.0% |
| Distributable reserves | 133 | €40,614 | €40,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,503 | -€67,359 | -€29,856 | -79.6% |
| Provisions and deferred taxes | 16 | €37,604 | €37,604 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,604 | €37,604 | = | 0.0% |
| Pensions and similar obligations | 160 | €37,604 | €37,604 | = | 0.0% |
| Amounts payable | 17/49 | €241,031 | €280,852 | +€39,820 | +16.5% |
| Amounts payable after more than one year | 17 | €65,704 | €111,855 | +€46,151 | +70.2% |
| Financial debts | 170/4 | €65,704 | €111,855 | +€46,151 | +70.2% |
| Amounts payable within one year | 42/48 | €173,099 | €164,460 | -€8,639 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €48,757 | €44,326 | -€4,431 | -9.1% |
| Financial debts | 43 | €20,000 | €25,019 | +€5,019 | +25.1% |
| Credit institutions | 430/8 | €20,000 | €25,019 | +€5,019 | +25.1% |
| Trade debts | 44 | €940 | €30,747 | +€29,808 | +3,173% |
| Suppliers | 440/4 | €940 | €30,747 | +€29,808 | +3,173% |
| Taxes, remuneration and social security | 45 | €22,739 | €4,954 | -€17,785 | -78.2% |
| Taxes | 450/3 | €14,238 | €3,367 | -€10,871 | -76.4% |
| Remuneration and social security | 454/9 | €8,501 | €1,587 | -€6,914 | -81.3% |
| Other amounts payable | 47/48 | €80,664 | €59,414 | -€21,250 | -26.3% |
| Accrued charges and deferred income | 492/3 | €2,228 | €4,536 | +€2,308 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,568 | €70,483 | +€19,914 | +39.4% |
| Other operating charges | 640/8 | €4,287 | €6,159 | +€1,872 | +43.7% |
| Non-recurring operating charges | 66A | €14,121 | - | -€14,121 | |
| Gross operating margin | 9900 | €73,196 | €57,748 | -€15,448 | -21.1% |
| Operating profit (loss) | 9901 | €4,220 | -€18,894 | -€23,114 | |
| Financial income | 75/76B | €105 | €26 | -€79 | -75.6% |
| Recurring financial income | 75 | €105 | €26 | -€79 | -75.6% |
| Financial charges | 65/66B | €8,706 | €10,922 | +€2,216 | +25.5% |
| Recurring financial charges | 65 | €8,706 | €10,922 | +€2,216 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,381 | -€29,790 | -€25,409 | -580% |
| Income taxes | 67/77 | €2,086 | €66 | -€2,020 | -96.8% |
| Profit (loss) for the period | 9904 | -€6,468 | -€29,856 | -€23,388 | -362% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,468 | -€29,856 | -€23,388 | -362% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.