LYNX IMMO: 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 IMMO
Largest movements
- Stocks and contracts +€378,375
up €378,375 (+65.7%), from €576,161 to €954,536
- Cash -€84,955
down €84,955 (-58.0%), from €146,401 to €61,446
mainly Stocks and contracts (-€378,375) and Net result for the year (-€22,866)
- Other debts +€326,838
up €326,838 (+1966.3%), from €16,622 to €343,460
- Profit (loss) carried forward -€22,866
down €22,866 (-171.6%), from -€13,329 to -€36,195
- Gross operating margin -€11,066
down €11,066, from €444 to -€10,622
- Financial charges +€4,510
up €4,510 (+80.0%), from €5,639 to €10,149
- Other operating charges -€765
down €765 (-53.9%), from €1,420 to €655
- Depreciation +€762
up €762 (+112.5%), from €678 to €1,441
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 | €741,653 | €1,043,421 | +€301,768 | +40.7% |
| Fixed assets | 21/28 | €10,757 | €10,714 | -€44 | -0.4% |
| Tangible fixed assets | 22/27 | €10,757 | €10,714 | -€44 | -0.4% |
| Land and buildings | 22 | €9,569 | €9,213 | -€357 | -3.7% |
| Furniture and vehicles | 24 | €1,188 | €1,501 | +€313 | +26.3% |
| Current assets | 29/58 | €730,895 | €1,032,707 | +€301,812 | +41.3% |
| Stocks and contracts in progress | 3 | €576,161 | €954,536 | +€378,375 | +65.7% |
| Stocks | 30/36 | €576,161 | €954,536 | +€378,375 | +65.7% |
| Amounts receivable within one year | 40/41 | €8,334 | €16,726 | +€8,392 | +100.7% |
| Trade receivables | 40 | €5,257 | €1,904 | -€3,353 | -63.8% |
| Other amounts receivable | 41 | €3,077 | €14,821 | +€11,745 | +381.7% |
| Cash at bank and in hand | 54/58 | €146,401 | €61,446 | -€84,955 | -58.0% |
| Total equity and liabilities | 10/49 | €741,653 | €1,043,421 | +€301,768 | +40.7% |
| Equity | 10/15 | €24,271 | €1,405 | -€22,866 | -94.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,329 | -€36,195 | -€22,866 | -171.6% |
| Amounts payable | 17/49 | €717,381 | €1,042,016 | +€324,634 | +45.3% |
| Amounts payable after more than one year | 17 | €693,339 | €685,191 | -€8,148 | -1.2% |
| Financial debts | 170/4 | €193,339 | €185,191 | -€8,148 | -4.2% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,042 | €356,269 | +€332,226 | +1381.8% |
| Current portion of amounts payable after more than one year | 42 | €6,661 | €8,148 | +€1,487 | +22.3% |
| Trade debts | 44 | €0 | €3,386 | +€3,386 | |
| Suppliers | 440/4 | €0 | €3,386 | +€3,386 | |
| Taxes, remuneration and social security | 45 | €759 | €1,275 | +€516 | +67.9% |
| Taxes | 450/3 | €759 | €1,275 | +€516 | +67.9% |
| Other amounts payable | 47/48 | €16,622 | €343,460 | +€326,838 | +1966.3% |
| Accrued charges and deferred income | 492/3 | - | €556 | +€556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | €1,441 | +€762 | +112.5% |
| Other operating charges | 640/8 | €1,420 | €655 | -€765 | -53.9% |
| Gross operating margin | 9900 | €444 | -€10,622 | -€11,066 | |
| Operating profit (loss) | 9901 | -€1,653 | -€12,717 | -€11,064 | -669.1% |
| Financial charges | 65/66B | €5,639 | €10,149 | +€4,510 | +80.0% |
| Recurring financial charges | 65 | €5,639 | €10,149 | +€4,510 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,292 | -€22,866 | -€15,574 | -213.6% |
| Profit (loss) for the period | 9904 | -€7,292 | -€22,866 | -€15,574 | -213.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,292 | -€22,866 | -€15,574 | -213.6% |
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 10 October 2026 via checked.be.