LYNK: 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.
LYNK
Largest movements
- Cash +€31,869
up €31,869 (+56.5%), from €56,446 to €88,314
mainly Net result for the year (+€86,576) and Depreciation (+€18,892)
- Tangible fixed assets -€6,140
down €6,140 (-3.1%), from €199,289 to €193,149
of which Furniture and vehicles: -€18,665
- Reserves +€86,576
up €86,576 (+26.4%), from €327,568 to €414,144
of which Distributable reserves: +€86,576
- Other debts -€35,150
down €35,150 (-100.0%), from €35,150 to €0
- Tax, wage and social debts -€24,315
down €24,315 (-74.0%), from €32,847 to €8,533
- Trade debts +€7,562
up €7,562 (+45.1%), from €16,785 to €24,346
- Debts after one year -€7,116
down €7,116 (-14.4%), from €49,316 to €42,200
- Depreciation +€9,260
up €9,260 (+96.1%), from €9,633 to €18,892
- Gross operating margin -€7,894
down €7,894 (-5.4%), from €147,370 to €139,476
- Financial income +€4,249
up €4,249 (+104.8%), from €4,053 to €8,302
- Taxes -€3,527
down €3,527 (-8.2%), from €42,759 to €39,232
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 | €469,767 | €496,438 | +€26,671 | +5.7% |
| Fixed assets | 21/28 | €199,289 | €193,149 | -€6,140 | -3.1% |
| Tangible fixed assets | 22/27 | €199,289 | €193,149 | -€6,140 | -3.1% |
| Land and buildings | 22 | €148,158 | €139,741 | -€8,417 | -5.7% |
| Plant, machinery and equipment | 23 | €26,291 | €23,043 | -€3,248 | -12.4% |
| Furniture and vehicles | 24 | €24,840 | €6,176 | -€18,665 | -75.1% |
| Other tangible fixed assets | 26 | - | €24,189 | +€24,189 | |
| Current assets | 29/58 | €270,478 | €303,289 | +€32,811 | +12.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €211,722 | €208,914 | -€2,807 | -1.3% |
| Trade receivables | 40 | €76,352 | €66,225 | -€10,128 | -13.3% |
| Other amounts receivable | 41 | €135,369 | €142,690 | +€7,320 | +5.4% |
| Cash at bank and in hand | 54/58 | €56,446 | €88,314 | +€31,869 | +56.5% |
| Deferred charges and accrued income | 490/1 | €2,311 | €6,061 | +€3,750 | +162.3% |
| Total equity and liabilities | 10/49 | €469,767 | €496,438 | +€26,671 | +5.7% |
| Equity | 10/15 | €327,668 | €414,244 | +€86,576 | +26.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €327,568 | €414,144 | +€86,576 | +26.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €327,568 | €414,144 | +€86,576 | +26.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,099 | €82,195 | -€59,904 | -42.2% |
| Amounts payable after more than one year | 17 | €49,316 | €42,200 | -€7,116 | -14.4% |
| Financial debts | 170/4 | €49,316 | €42,200 | -€7,116 | -14.4% |
| Amounts payable within one year | 42/48 | €91,833 | €39,995 | -€51,838 | -56.4% |
| Current portion of amounts payable after more than one year | 42 | €7,051 | €7,116 | +€65 | +0.9% |
| Trade debts | 44 | €16,785 | €24,346 | +€7,562 | +45.1% |
| Suppliers | 440/4 | €16,785 | €24,346 | +€7,562 | +45.1% |
| Taxes, remuneration and social security | 45 | €32,847 | €8,533 | -€24,315 | -74.0% |
| Taxes | 450/3 | €32,847 | €8,533 | -€24,315 | -74.0% |
| Other amounts payable | 47/48 | €35,150 | €0 | -€35,150 | -100.0% |
| Accrued charges and deferred income | 492/3 | €951 | €0 | -€951 | -100.0% |
| Non-recurring operating income | 76A | - | €3,497 | +€3,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,633 | €18,892 | +€9,260 | +96.1% |
| Other operating charges | 640/8 | €2,560 | €2,312 | -€248 | -9.7% |
| Gross operating margin | 9900 | €147,370 | €139,476 | -€7,894 | -5.4% |
| Operating profit (loss) | 9901 | €135,178 | €118,272 | -€16,905 | -12.5% |
| Financial income | 75/76B | €4,053 | €8,302 | +€4,249 | +104.8% |
| Recurring financial income | 75 | €4,053 | €8,302 | +€4,249 | +104.8% |
| Financial charges | 65/66B | €1,183 | €767 | -€416 | -35.2% |
| Recurring financial charges | 65 | €1,183 | €767 | -€416 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €138,047 | €125,807 | -€12,240 | -8.9% |
| Income taxes | 67/77 | €42,759 | €39,232 | -€3,527 | -8.2% |
| Profit (loss) for the period | 9904 | €95,288 | €86,576 | -€8,713 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,288 | €86,576 | -€8,713 | -9.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.