LYNT: 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
LYNT
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€47,258
2024 · €52,230-€4,972
Equity
€460,006
2024 · €412,747+€47,259
Cash
€20,276
2024 · €26,910-€6,634
Balance sheet total
€703,980
2024 · €698,216+€5,764
Largest movements
Assets
- Receivables after one year +€20,000
up €20,000 (+80.0%), from €25,000 to €45,000
Equity and liabilities
- Other debts -€28,000
no longer reported in 2025 (was €28,000)
- Reserves +€23,697
up €23,697 (+16.4%), from €144,761 to €168,458
of which Distributable reserves: +€25,000
- Profit (loss) carried forward +€23,562
up €23,562 (+14.2%), from €165,986 to €189,548
- Debts after one year -€12,490
down €12,490 (-7.2%), from €172,580 to €160,090
Income statement
- Depreciation +€9,202
up €9,202 (+25.2%), from €36,551 to €45,753
- Taxes -€6,007
down €6,007 (-28.9%), from €20,791 to €14,784
- Gross operating margin -€2,664
down €2,664 (-2.0%), from €135,936 to €133,272
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.
Result 2024
€52,230
Gross operating margin
-€2,664
Depreciation
-€9,202
Other operating charges
-€815
Financial income
+€740
Financial charges
+€962
Taxes
+€6,007
Result 2025
€47,258
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.
From operations
+€39,246
Investment
-€40,423
Financing
-€5,457
Cash 2024
€26,910
From operations (derived)
+€39,246
Net result for the year
+€47,258
Depreciation
+€45,753
Receivables after one year
-€20,000
Receivables within one year
+€2,236
Deferred charges and accrued income
+€36
Provisions
-€671
Trade debts
+€386
Tax, wage and social debts
-€5,182
Other debts
-€28,000
Accrued charges and deferred income
-€2,570
Investment (derived)
-€40,423
Investment in fixed assets (net)
-€40,423
Financing
-€5,457
Debts after one year
-€12,490
Current portion of long-term debt
+€7,032
Contributions, distributions and other
+€1
Cash 2025
€20,276
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €698,216 | €703,980 | +€5,764 | +0.8% |
| Fixed assets | 21/28 | €605,347 | €600,017 | -€5,330 | -0.9% |
| Tangible fixed assets | 22/27 | €605,347 | €600,017 | -€5,330 | -0.9% |
| Land and buildings | 22 | €492,022 | €454,499 | -€37,523 | -7.6% |
| Furniture and vehicles | 24 | €167 | €3,413 | +€3,246 | +1943.7% |
| Leasing and similar rights | 25 | €113,158 | €142,105 | +€28,947 | +25.6% |
| Current assets | 29/58 | €92,869 | €103,963 | +€11,094 | +11.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €45,000 | +€20,000 | +80.0% |
| Other amounts receivable | 291 | €25,000 | €45,000 | +€20,000 | +80.0% |
| Amounts receivable within one year | 40/41 | €40,615 | €38,379 | -€2,236 | -5.5% |
| Trade receivables | 40 | - | €7,659 | +€7,659 | |
| Other amounts receivable | 41 | €40,615 | €30,720 | -€9,895 | -24.4% |
| Cash at bank and in hand | 54/58 | €26,910 | €20,276 | -€6,634 | -24.7% |
| Deferred charges and accrued income | 490/1 | €344 | €308 | -€36 | -10.5% |
| Total equity and liabilities | 10/49 | €698,216 | €703,980 | +€5,764 | +0.8% |
| Equity | 10/15 | €412,747 | €460,006 | +€47,259 | +11.4% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Capital | 10 | €102,000 | €102,000 | = | 0.0% |
| Issued capital | 100 | €102,000 | €102,000 | = | 0.0% |
| Reserves | 13 | €144,761 | €168,458 | +€23,697 | +16.4% |
| Non-distributable reserves | 130/1 | €10,200 | €10,200 | = | 0.0% |
| Legal reserve | 130 | €10,200 | €10,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,561 | €8,258 | -€1,303 | -13.6% |
| Distributable reserves | 133 | €125,000 | €150,000 | +€25,000 | +20.0% |
| Profit (loss) carried forward | 14 | €165,986 | €189,548 | +€23,562 | +14.2% |
| Provisions and deferred taxes | 16 | €4,923 | €4,252 | -€671 | -13.6% |
| Deferred taxes | 168 | €4,923 | €4,252 | -€671 | -13.6% |
| Amounts payable | 17/49 | €280,546 | €239,722 | -€40,824 | -14.6% |
| Amounts payable after more than one year | 17 | €172,580 | €160,090 | -€12,490 | -7.2% |
| Financial debts | 170/4 | €172,580 | €160,090 | -€12,490 | -7.2% |
| Amounts payable within one year | 42/48 | €103,156 | €77,392 | -€25,764 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €31,907 | €38,939 | +€7,032 | +22.0% |
| Trade debts | 44 | €145 | €531 | +€386 | +266.2% |
| Suppliers | 440/4 | €145 | €531 | +€386 | +266.2% |
| Taxes, remuneration and social security | 45 | €43,104 | €37,922 | -€5,182 | -12.0% |
| Taxes | 450/3 | €43,104 | €37,922 | -€5,182 | -12.0% |
| Other amounts payable | 47/48 | €28,000 | - | -€28,000 | |
| Accrued charges and deferred income | 492/3 | €4,810 | €2,240 | -€2,570 | -53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,551 | €45,753 | +€9,202 | +25.2% |
| Other operating charges | 640/8 | €22,207 | €23,022 | +€815 | +3.7% |
| Gross operating margin | 9900 | €135,936 | €133,272 | -€2,664 | -2.0% |
| Operating profit (loss) | 9901 | €77,178 | €64,497 | -€12,681 | -16.4% |
| Financial income | 75/76B | €3,091 | €3,831 | +€740 | +23.9% |
| Recurring financial income | 75 | €3,091 | €3,831 | +€740 | +23.9% |
| Financial charges | 65/66B | €7,919 | €6,957 | -€962 | -12.1% |
| Recurring financial charges | 65 | €7,919 | €6,957 | -€962 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €72,350 | €61,371 | -€10,979 | -15.2% |
| Transfer from deferred taxes | 780 | €671 | €671 | = | 0.0% |
| Income taxes | 67/77 | €20,791 | €14,784 | -€6,007 | -28.9% |
| Profit (loss) for the period | 9904 | €52,230 | €47,258 | -€4,972 | -9.5% |
| Transfer from tax-exempt reserves | 789 | €1,304 | €1,304 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,534 | €48,562 | -€4,972 | -9.3% |
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 5 October 2026 via checked.be.