LYNTAX: 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.
LYNTAX
Largest movements
- Receivables after one year -€109,821
no longer reported in 2025 (was €109,821)
- Cash -€67,297
down €67,297 (-22.7%), from €296,110 to €228,813
mainly Contributions, distributions and other (-€442,600) and Tax, wage and social debts (-€19,680)
- Profit (loss) carried forward -€298,686
down €298,686 (-100.0%), from €298,757 to €71
- Other debts +€144,527
up €144,527 (+18,066%), from €800 to €145,327
- Tax, wage and social debts -€19,680
down €19,680 (-20.8%), from €94,593 to €74,914
- Gross operating margin -€15,844
down €15,844 (-7.6%), from €207,387 to €191,543
- Taxes -€3,475
down €3,475 (-7.4%), from €47,134 to €43,659
- Financial income +€2,316
up €2,316 (+91.9%), from €2,521 to €4,838
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 | €416,055 | €240,636 | -€175,419 | -42.2% |
| Fixed assets | 21/28 | €6,418 | €5,399 | -€1,019 | -15.9% |
| Tangible fixed assets | 22/27 | €6,168 | €5,149 | -€1,019 | -16.5% |
| Furniture and vehicles | 24 | €4,800 | €4,252 | -€548 | -11.4% |
| Other tangible fixed assets | 26 | €1,368 | €897 | -€471 | -34.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €409,637 | €235,237 | -€174,400 | -42.6% |
| Amounts receivable after more than one year | 29 | €109,821 | - | -€109,821 | |
| Trade receivables | 290 | €109,821 | - | -€109,821 | |
| Amounts receivable within one year | 40/41 | €498 | €2,438 | +€1,940 | +390% |
| Trade receivables | 40 | €498 | €723 | +€225 | +45.1% |
| Other amounts receivable | 41 | - | €1,715 | +€1,715 | |
| Cash at bank and in hand | 54/58 | €296,110 | €228,813 | -€67,297 | -22.7% |
| Deferred charges and accrued income | 490/1 | €3,208 | €3,986 | +€778 | +24.2% |
| Total equity and liabilities | 10/49 | €416,055 | €240,636 | -€175,419 | -42.2% |
| Equity | 10/15 | €301,757 | €3,071 | -€298,686 | -99.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €298,757 | €71 | -€298,686 | -100.0% |
| Amounts payable | 17/49 | €114,298 | €237,565 | +€123,267 | +108% |
| Amounts payable within one year | 42/48 | €99,298 | €222,565 | +€123,267 | +124% |
| Trade debts | 44 | €3,905 | €2,324 | -€1,581 | -40.5% |
| Suppliers | 440/4 | €3,905 | €2,324 | -€1,581 | -40.5% |
| Taxes, remuneration and social security | 45 | €94,593 | €74,914 | -€19,680 | -20.8% |
| Taxes | 450/3 | €94,593 | €74,914 | -€19,680 | -20.8% |
| Other amounts payable | 47/48 | €800 | €145,327 | +€144,527 | +18,066% |
| Accrued charges and deferred income | 492/3 | €15,000 | €15,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,581 | €3,966 | +€385 | +10.7% |
| Other operating charges | 640/8 | €875 | €1,115 | +€241 | +27.5% |
| Gross operating margin | 9900 | €207,387 | €191,543 | -€15,844 | -7.6% |
| Operating profit (loss) | 9901 | €202,932 | €186,462 | -€16,470 | -8.1% |
| Financial income | 75/76B | €2,521 | €4,838 | +€2,316 | +91.9% |
| Recurring financial income | 75 | €2,521 | €4,838 | +€2,316 | +91.9% |
| Financial charges | 65/66B | €2,196 | €3,726 | +€1,530 | +69.7% |
| Recurring financial charges | 65 | €2,196 | €3,726 | +€1,530 | +69.7% |
| Profit (loss) for the period before taxes | 9903 | €203,257 | €187,573 | -€15,684 | -7.7% |
| Income taxes | 67/77 | €47,134 | €43,659 | -€3,475 | -7.4% |
| Profit (loss) for the period | 9904 | €156,123 | €143,914 | -€12,209 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €156,123 | €143,914 | -€12,209 | -7.8% |
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 25 October 2026 via checked.be.