LYNX: 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.
LYNX
Largest movements
- Stocks and contracts +€3,567
up €3,567 (+6.1%), from €58,687 to €62,254
- Cash -€3,089
down €3,089 (-5.8%), from €53,319 to €50,230
mainly Stocks and contracts (-€3,567) and Trade debts (-€1,932)
- Other debts +€3,118
up €3,118 (+5.5%), from €56,462 to €59,580
- Trade debts -€1,932
down €1,932 (-32.3%), from €5,983 to €4,050
- Gross operating margin -€7,757
down €7,757 (-69.2%), from €11,211 to €3,454
- Other operating charges -€3,507
down €3,507 (-71.6%), from €4,896 to €1,389
- Taxes -€1,501
down €1,501 (-68.6%), from €2,188 to €687
- Financial charges +€1,038
up €1,038 (+251%), from €413 to €1,451
- Financial income +€193
up €193 (+28.1%), from €686 to €879
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 | €123,701 | €123,907 | +€206 | +0.2% |
| Fixed assets | 21/28 | €6,047 | €5,381 | -€666 | -11.0% |
| Tangible fixed assets | 22/27 | €1,247 | €581 | -€666 | -53.4% |
| Land and buildings | 22 | €1,247 | €581 | -€666 | -53.4% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €117,654 | €118,526 | +€873 | +0.7% |
| Stocks and contracts in progress | 3 | €58,687 | €62,254 | +€3,567 | +6.1% |
| Stocks | 30/36 | €58,687 | €62,254 | +€3,567 | +6.1% |
| Amounts receivable within one year | 40/41 | €4,327 | €4,550 | +€223 | +5.1% |
| Trade receivables | 40 | €4,313 | €4,334 | +€21 | +0.5% |
| Other amounts receivable | 41 | €14 | €216 | +€202 | +1,439% |
| Cash at bank and in hand | 54/58 | €53,319 | €50,230 | -€3,089 | -5.8% |
| Deferred charges and accrued income | 490/1 | €1,320 | €1,492 | +€172 | +13.0% |
| Total equity and liabilities | 10/49 | €123,701 | €123,907 | +€206 | +0.2% |
| Equity | 10/15 | €45,418 | €45,558 | +€140 | +0.3% |
| Contributions | 10/11 | €26,288 | €26,288 | = | 0.0% |
| Reserves | 13 | €19,130 | €19,270 | +€140 | +0.7% |
| Distributable reserves | 133 | €19,130 | €19,270 | +€140 | +0.7% |
| Amounts payable | 17/49 | €78,283 | €78,349 | +€66 | +0.1% |
| Amounts payable within one year | 42/48 | €77,751 | €78,349 | +€598 | +0.8% |
| Trade debts | 44 | €5,983 | €4,050 | -€1,932 | -32.3% |
| Suppliers | 440/4 | €5,983 | €4,050 | -€1,932 | -32.3% |
| Taxes, remuneration and social security | 45 | €15,307 | €14,719 | -€588 | -3.8% |
| Taxes | 450/3 | €15,307 | €14,719 | -€588 | -3.8% |
| Other amounts payable | 47/48 | €56,462 | €59,580 | +€3,118 | +5.5% |
| Accrued charges and deferred income | 492/3 | €532 | - | -€532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €666 | = | 0.0% |
| Other operating charges | 640/8 | €4,896 | €1,389 | -€3,507 | -71.6% |
| Gross operating margin | 9900 | €11,211 | €3,454 | -€7,757 | -69.2% |
| Operating profit (loss) | 9901 | €5,648 | €1,399 | -€4,249 | -75.2% |
| Financial income | 75/76B | €686 | €879 | +€193 | +28.1% |
| Recurring financial income | 75 | €686 | €879 | +€193 | +28.1% |
| Financial charges | 65/66B | €413 | €1,451 | +€1,038 | +251% |
| Recurring financial charges | 65 | €413 | €1,451 | +€1,038 | +251% |
| Profit (loss) for the period before taxes | 9903 | €5,922 | €828 | -€5,094 | -86.0% |
| Income taxes | 67/77 | €2,188 | €687 | -€1,501 | -68.6% |
| Profit (loss) for the period | 9904 | €3,734 | €140 | -€3,593 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,734 | €140 | -€3,593 | -96.2% |
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 16 October 2026 via checked.be.