LYNKS: 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.
LYNKS
Largest movements
- Receivables within one year -€35,046
down €35,046 (-41.7%), from €84,098 to €49,052
of which Trade receivables: -€40,557
- Cash +€16,790
up €16,790 (+73.0%), from €23,006 to €39,796
mainly Net result for the year (+€43,392) and Receivables within one year (+€35,046)
- Tangible fixed assets -€2,399
down €2,399 (-15.2%), from €15,767 to €13,368
of which Other tangible fixed assets: -€1,240
- Other debts -€64,915
down €64,915 (-80.3%), from €80,890 to €15,975
- Reserves +€40,000
new in 2025: €40,000
- Short-term financial debts +€9,781
up €9,781 (+69.8%), from €14,009 to €23,790
- Trade debts -€4,925
down €4,925 (-64.1%), from €7,681 to €2,756
- Profit (loss) carried forward +€3,392
up €3,392 (+114.4%), from €2,965 to €6,357
- Gross operating margin -€38,849
down €38,849 (-37.3%), from €104,176 to €65,327
- Taxes -€8,820
down €8,820 (-33.3%), from €26,479 to €17,659
- Depreciation -€2,702
down €2,702 (-53.0%), from €5,101 to €2,399
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 | €123,166 | €102,298 | -€20,868 | -16.9% |
| Fixed assets | 21/28 | €15,767 | €13,368 | -€2,399 | -15.2% |
| Tangible fixed assets | 22/27 | €15,767 | €13,368 | -€2,399 | -15.2% |
| Land and buildings | 22 | €2,370 | €2,370 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,381 | €754 | -€627 | -45.4% |
| Furniture and vehicles | 24 | €3,304 | €2,772 | -€532 | -16.1% |
| Other tangible fixed assets | 26 | €8,712 | €7,472 | -€1,240 | -14.2% |
| Current assets | 29/58 | €107,399 | €88,930 | -€18,469 | -17.2% |
| Amounts receivable within one year | 40/41 | €84,098 | €49,052 | -€35,046 | -41.7% |
| Trade receivables | 40 | €71,685 | €31,128 | -€40,557 | -56.6% |
| Other amounts receivable | 41 | €12,413 | €17,924 | +€5,511 | +44.4% |
| Cash at bank and in hand | 54/58 | €23,006 | €39,796 | +€16,790 | +73.0% |
| Deferred charges and accrued income | 490/1 | €295 | €82 | -€213 | -72.2% |
| Total equity and liabilities | 10/49 | €123,166 | €102,298 | -€20,868 | -16.9% |
| Equity | 10/15 | €5,965 | €49,357 | +€43,392 | +727.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €40,000 | +€40,000 | |
| Distributable reserves | 133 | - | €40,000 | +€40,000 | |
| Profit (loss) carried forward | 14 | €2,965 | €6,357 | +€3,392 | +114.4% |
| Amounts payable | 17/49 | €117,201 | €52,941 | -€64,260 | -54.8% |
| Amounts payable within one year | 42/48 | €117,201 | €52,941 | -€64,260 | -54.8% |
| Current portion of amounts payable after more than one year | 42 | €3,384 | - | -€3,384 | |
| Financial debts | 43 | €14,009 | €23,790 | +€9,781 | +69.8% |
| Credit institutions | 430/8 | €14,009 | €23,790 | +€9,781 | +69.8% |
| Trade debts | 44 | €7,681 | €2,756 | -€4,925 | -64.1% |
| Suppliers | 440/4 | €7,681 | €2,756 | -€4,925 | -64.1% |
| Taxes, remuneration and social security | 45 | €11,237 | €10,420 | -€817 | -7.3% |
| Taxes | 450/3 | €11,237 | €10,420 | -€817 | -7.3% |
| Other amounts payable | 47/48 | €80,890 | €15,975 | -€64,915 | -80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,101 | €2,399 | -€2,702 | -53.0% |
| Other operating charges | 640/8 | €1,070 | €1,141 | +€71 | +6.6% |
| Gross operating margin | 9900 | €104,176 | €65,327 | -€38,849 | -37.3% |
| Operating profit (loss) | 9901 | €98,005 | €61,787 | -€36,218 | -37.0% |
| Financial charges | 65/66B | €421 | €736 | +€315 | +74.8% |
| Recurring financial charges | 65 | €421 | €736 | +€315 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €97,584 | €61,051 | -€36,533 | -37.4% |
| Income taxes | 67/77 | €26,479 | €17,659 | -€8,820 | -33.3% |
| Profit (loss) for the period | 9904 | €71,105 | €43,392 | -€27,713 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,105 | €43,392 | -€27,713 | -39.0% |
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 2 October 2026 via checked.be.