Skip to content

LYNN: 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.

What changed

LYNN

BE 0429.950.322
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,411
2024 · €2,625-€1,214
Equity
€90,895
2024 · €89,483+€1,411
Cash
€19,226
2024 · €13,161+€6,066
Balance sheet total
€94,191
2024 · €110,650-€16,459

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€20,905

    down €20,905 (-31.6%), from €66,219 to €45,314

    of which Furniture and vehicles: -€13,445

  • Cash +€6,066

    up €6,066 (+46.1%), from €13,161 to €19,226

    mainly Depreciation (+€20,905) and Receivables after one year (+€3,848)

  • Current investments +€5,038

    up €5,038 (+41.0%), from €12,298 to €17,336

  • Receivables after one year -€3,848

    down €3,848 (-100.0%), from €3,848 to €0

  • Receivables within one year -€2,891

    down €2,891 (-21.0%), from €13,745 to €10,854

    of which Other amounts receivable: -€3,645

Equity and liabilities
  • Profit (loss) carried forward +€19,438

    up €19,438, from -€19,438 to €0

  • Other debts -€18,615

    down €18,615 (-92.3%), from €20,165 to €1,550

  • Reserves -€18,027

    down €18,027 (-22.8%), from €79,174 to €61,147

Income statement
  • Gross operating margin -€1,214

    down €1,214 (-4.8%), from €25,153 to €23,939

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,625
Gross operating margin -€1,214
Depreciation +€124
Other operating charges -€104
Financial income -€63
Financial charges +€6
Taxes +€38
Result 2025 €1,411

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,104
Investment -€5,038
Financing €0
Cash 2024 €13,161
Net result for the year +€1,411
Depreciation +€20,905
Receivables after one year +€3,848
Receivables within one year +€2,891
Deferred charges and accrued income -€81
Trade debts +€744
Other debts -€18,615
Current investments -€5,038
Cash 2025 €19,226
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €110,650 €94,191 -€16,459 -14.9%
Fixed assets 21/28 €66,219 €45,314 -€20,905 -31.6%
Tangible fixed assets 22/27 €66,219 €45,314 -€20,905 -31.6%
Land and buildings 22 €20,587 €13,127 -€7,460 -36.2%
Furniture and vehicles 24 €45,632 €32,188 -€13,445 -29.5%
Current assets 29/58 €44,431 €48,876 +€4,445 +10.0%
Amounts receivable after more than one year 29 €3,848 €0 -€3,848 -100.0%
Trade receivables 290 €3,848 €0 -€3,848 -100.0%
Amounts receivable within one year 40/41 €13,745 €10,854 -€2,891 -21.0%
Trade receivables 40 €6,078 €6,832 +€754 +12.4%
Other amounts receivable 41 €7,667 €4,022 -€3,645 -47.5%
Current investments 50/53 €12,298 €17,336 +€5,038 +41.0%
Cash at bank and in hand 54/58 €13,161 €19,226 +€6,066 +46.1%
Deferred charges and accrued income 490/1 €1,379 €1,460 +€81 +5.9%
Total equity and liabilities 10/49 €110,650 €94,191 -€16,459 -14.9%
Equity 10/15 €89,483 €90,895 +€1,411 +1.6%
Contributions 10/11 €29,747 €29,747 = 0.0%
Reserves 13 €79,174 €61,147 -€18,027 -22.8%
Distributable reserves 133 €79,174 €61,147 -€18,027 -22.8%
Profit (loss) carried forward 14 -€19,438 €0 +€19,438
Amounts payable 17/49 €21,167 €3,296 -€17,870 -84.4%
Amounts payable within one year 42/48 €21,167 €3,296 -€17,870 -84.4%
Trade debts 44 €1,002 €1,746 +€744 +74.3%
Suppliers 440/4 €1,002 €1,746 +€744 +74.3%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €20,165 €1,550 -€18,615 -92.3%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,028 €20,905 -€124 -0.6%
Other operating charges 640/8 €1,574 €1,678 +€104 +6.6%
Gross operating margin 9900 €25,153 €23,939 -€1,214 -4.8%
Operating profit (loss) 9901 €2,550 €1,356 -€1,195 -46.8%
Financial income 75/76B €294 €231 -€63 -21.5%
Recurring financial income 75 €294 €231 -€63 -21.5%
Financial charges 65/66B €201 €194 -€6 -3.1%
Recurring financial charges 65 €201 €194 -€6 -3.1%
Profit (loss) for the period before taxes 9903 €2,644 €1,392 -€1,251 -47.3%
Income taxes 67/77 €19 -€19 -€38
Profit (loss) for the period 9904 €2,625 €1,411 -€1,214 -46.2%
Profit (loss) for the period to be appropriated 9905 €2,625 €1,411 -€1,214 -46.2%

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 30 September 2026 via checked.be.