LYNN@WORK: 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.
LYNN@WORK
Largest movements
- Receivables within one year -€16,691
down €16,691 (-71.8%), from €23,246 to €6,555
of which Trade receivables: -€9,982
- Cash +€8,625
up €8,625 (+18.3%), from €47,090 to €55,715
mainly Net result for the year (+€18,626) and Receivables within one year (+€16,691)
- Tangible fixed assets -€8,163
down €8,163 (-45.2%), from €18,042 to €9,879
of which Leasing and similar rights: -€5,500
- Current investments +€7,198
up €7,198 (+4.9%), from €146,046 to €153,244
- Other debts -€23,323
down €23,323 (-31.9%), from €73,109 to €49,786
- Reserves +€18,626
up €18,626 (+10.5%), from €176,871 to €195,497
- Tax, wage and social debts -€3,897
down €3,897 (-67.4%), from €5,781 to €1,884
- Gross operating margin -€26,203
down €26,203 (-43.5%), from €60,299 to €34,096
- Depreciation -€8,030
down €8,030 (-47.3%), from €16,989 to €8,959
- Taxes -€3,804
down €3,804 (-31.2%), from €12,178 to €8,374
- Financial income +€2,528
up €2,528 (+317.2%), from €797 to €3,325
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 | €262,641 | €253,545 | -€9,096 | -3.5% |
| Fixed assets | 21/28 | €18,394 | €10,231 | -€8,163 | -44.4% |
| Tangible fixed assets | 22/27 | €18,042 | €9,879 | -€8,163 | -45.2% |
| Land and buildings | 22 | €2,910 | €2,721 | -€189 | -6.5% |
| Plant, machinery and equipment | 23 | €8,797 | €6,128 | -€2,669 | -30.3% |
| Furniture and vehicles | 24 | €835 | €1,030 | +€195 | +23.4% |
| Leasing and similar rights | 25 | €5,500 | - | -€5,500 | |
| Financial fixed assets | 28 | €352 | €352 | = | 0.0% |
| Current assets | 29/58 | €244,247 | €243,314 | -€933 | -0.4% |
| Stocks and contracts in progress | 3 | €12,675 | €12,675 | = | 0.0% |
| Stocks | 30/36 | €12,675 | €12,675 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,246 | €6,555 | -€16,691 | -71.8% |
| Trade receivables | 40 | €9,982 | - | -€9,982 | |
| Other amounts receivable | 41 | €13,264 | €6,555 | -€6,709 | -50.6% |
| Current investments | 50/53 | €146,046 | €153,244 | +€7,198 | +4.9% |
| Cash at bank and in hand | 54/58 | €47,090 | €55,715 | +€8,625 | +18.3% |
| Deferred charges and accrued income | 490/1 | €15,190 | €15,125 | -€65 | -0.4% |
| Total equity and liabilities | 10/49 | €262,641 | €253,545 | -€9,096 | -3.5% |
| Equity | 10/15 | €181,871 | €200,497 | +€18,626 | +10.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €176,871 | €195,497 | +€18,626 | +10.5% |
| Distributable reserves | 133 | €176,871 | €195,497 | +€18,626 | +10.5% |
| Amounts payable | 17/49 | €80,770 | €53,048 | -€27,722 | -34.3% |
| Amounts payable within one year | 42/48 | €80,770 | €53,048 | -€27,722 | -34.3% |
| Trade debts | 44 | €1,880 | €1,378 | -€502 | -26.7% |
| Suppliers | 440/4 | €1,880 | €1,378 | -€502 | -26.7% |
| Taxes, remuneration and social security | 45 | €5,781 | €1,884 | -€3,897 | -67.4% |
| Taxes | 450/3 | €5,781 | €1,884 | -€3,897 | -67.4% |
| Other amounts payable | 47/48 | €73,109 | €49,786 | -€23,323 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,989 | €8,959 | -€8,030 | -47.3% |
| Other operating charges | 640/8 | €1,644 | €1,216 | -€428 | -26.0% |
| Gross operating margin | 9900 | €60,299 | €34,096 | -€26,203 | -43.5% |
| Operating profit (loss) | 9901 | €41,666 | €23,921 | -€17,745 | -42.6% |
| Financial income | 75/76B | €797 | €3,325 | +€2,528 | +317.2% |
| Recurring financial income | 75 | €797 | €3,325 | +€2,528 | +317.2% |
| Financial charges | 65/66B | €112 | €246 | +€134 | +119.6% |
| Recurring financial charges | 65 | €112 | €246 | +€134 | +119.6% |
| Profit (loss) for the period before taxes | 9903 | €42,351 | €27,000 | -€15,351 | -36.2% |
| Income taxes | 67/77 | €12,178 | €8,374 | -€3,804 | -31.2% |
| Profit (loss) for the period | 9904 | €30,173 | €18,626 | -€11,547 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,173 | €18,626 | -€11,547 | -38.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.