LYNK MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€17,215
up €17,215 (+45.2%), from €38,120 to €55,335
mainly Net result for the year (+€35,017) and Tax, wage and social debts (+€7,866)
- Deferred charges and accrued income -€5,540
down €5,540 (-21.8%), from €25,394 to €19,854
- Financial fixed assets +€2,500
up €2,500 (+4.1%), from €61,000 to €63,500
- Reserves +€35,017
up €35,017 (+70.0%), from €50,000 to €85,017
- Other debts -€23,574
down €23,574 (-32.3%), from €73,082 to €49,508
- Tax, wage and social debts +€7,866
up €7,866 (+60.0%), from €13,099 to €20,965
- Trade debts -€4,958
down €4,958 (-73.0%), from €6,789 to €1,831
- Gross operating margin -€119,922
down €119,922 (-68.0%), from €176,355 to €56,433
- Financial charges -€58,882
down €58,882 (-95.9%), from €61,428 to €2,546
of which Non-recurring financial charges: -€60,000
- Taxes -€20,040
down €20,040 (-53.3%), from €37,573 to €17,533
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 | €169,698 | €184,049 | +€14,351 | +8.5% |
| Fixed assets | 21/28 | €62,207 | €65,756 | +€3,549 | +5.7% |
| Tangible fixed assets | 22/27 | €1,207 | €2,256 | +€1,049 | +86.9% |
| Furniture and vehicles | 24 | €1,207 | €2,256 | +€1,049 | +86.9% |
| Financial fixed assets | 28 | €61,000 | €63,500 | +€2,500 | +4.1% |
| Current assets | 29/58 | €107,491 | €118,293 | +€10,802 | +10.0% |
| Amounts receivable within one year | 40/41 | €43,976 | €43,103 | -€873 | -2.0% |
| Trade receivables | 40 | €43,976 | €40,573 | -€3,404 | -7.7% |
| Other amounts receivable | 41 | - | €2,530 | +€2,530 | |
| Cash at bank and in hand | 54/58 | €38,120 | €55,335 | +€17,215 | +45.2% |
| Deferred charges and accrued income | 490/1 | €25,394 | €19,854 | -€5,540 | -21.8% |
| Total equity and liabilities | 10/49 | €169,698 | €184,049 | +€14,351 | +8.5% |
| Equity | 10/15 | €76,728 | €111,745 | +€35,017 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,000 | €85,017 | +€35,017 | +70.0% |
| Distributable reserves | 133 | €50,000 | €85,017 | +€35,017 | +70.0% |
| Profit (loss) carried forward | 14 | €8,128 | €8,128 | = | 0.0% |
| Amounts payable | 17/49 | €92,971 | €72,304 | -€20,666 | -22.2% |
| Amounts payable within one year | 42/48 | €92,971 | €72,304 | -€20,666 | -22.2% |
| Trade debts | 44 | €6,789 | €1,831 | -€4,958 | -73.0% |
| Suppliers | 440/4 | €6,789 | €1,831 | -€4,958 | -73.0% |
| Taxes, remuneration and social security | 45 | €13,099 | €20,965 | +€7,866 | +60.0% |
| Taxes | 450/3 | €13,099 | €20,965 | +€7,866 | +60.0% |
| Other amounts payable | 47/48 | €73,082 | €49,508 | -€23,574 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €629 | +€539 | +601% |
| Other operating charges | 640/8 | €1,596 | €711 | -€885 | -55.5% |
| Gross operating margin | 9900 | €176,355 | €56,433 | -€119,922 | -68.0% |
| Operating profit (loss) | 9901 | €174,669 | €55,093 | -€119,576 | -68.5% |
| Financial income | 75/76B | €1 | €3 | +€2 | +196% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +196% |
| Financial charges | 65/66B | €61,428 | €2,546 | -€58,882 | -95.9% |
| Recurring financial charges | 65 | €1,428 | €2,546 | +€1,118 | +78.3% |
| Non-recurring financial charges | 66B | €60,000 | - | -€60,000 | |
| Profit (loss) for the period before taxes | 9903 | €113,242 | €52,550 | -€60,692 | -53.6% |
| Income taxes | 67/77 | €37,573 | €17,533 | -€20,040 | -53.3% |
| Profit (loss) for the period | 9904 | €75,670 | €35,017 | -€40,653 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,670 | €35,017 | -€40,653 | -53.7% |
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 22 October 2026 via checked.be.