LYNX PARTNERS: 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 PARTNERS
Largest movements
- Tangible fixed assets +€41,839
up €41,839 (+1,514%), from €2,763 to €44,602
of which Furniture and vehicles: +€42,581
- Current investments +€20,181
up €20,181 (+197%), from €10,264 to €30,445
- Receivables within one year -€4,672
down €4,672 (-17.3%), from €27,013 to €22,341
of which Trade receivables: -€14,290
- Reserves +€32,688
up €32,688 (+78.7%), from €41,557 to €74,245
- Debts after one year +€24,042
new in 2025: €24,042
- Current portion of long-term debt +€5,825
new in 2025: €5,825
- Trade debts -€2,437
down €2,437 (-23.8%), from €10,232 to €7,795
- Tax, wage and social debts -€1,687
down €1,687 (-33.3%), from €5,064 to €3,377
of which Taxes: -€1,527
- Gross operating margin +€15,701
up €15,701 (+40.2%), from €39,013 to €54,715
- Taxes +€10,071
up €10,071 (+188%), from €5,371 to €15,442
- Depreciation +€3,096
up €3,096 (+450%), from €688 to €3,784
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 | €86,853 | €145,284 | +€58,431 | +67.3% |
| Fixed assets | 21/28 | €2,763 | €44,602 | +€41,839 | +1,514% |
| Tangible fixed assets | 22/27 | €2,763 | €44,602 | +€41,839 | +1,514% |
| Plant, machinery and equipment | 23 | €2,763 | €2,021 | -€742 | -26.9% |
| Furniture and vehicles | 24 | - | €42,581 | +€42,581 | |
| Current assets | 29/58 | €84,090 | €100,683 | +€16,592 | +19.7% |
| Amounts receivable within one year | 40/41 | €27,013 | €22,341 | -€4,672 | -17.3% |
| Trade receivables | 40 | €24,091 | €9,801 | -€14,290 | -59.3% |
| Other amounts receivable | 41 | €2,923 | €12,540 | +€9,617 | +329% |
| Current investments | 50/53 | €10,264 | €30,445 | +€20,181 | +197% |
| Cash at bank and in hand | 54/58 | €46,813 | €47,663 | +€850 | +1.8% |
| Deferred charges and accrued income | 490/1 | - | €233 | +€233 | |
| Total equity and liabilities | 10/49 | €86,853 | €145,284 | +€58,431 | +67.3% |
| Equity | 10/15 | €71,557 | €104,245 | +€32,688 | +45.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €41,557 | €74,245 | +€32,688 | +78.7% |
| Distributable reserves | 133 | €41,557 | €74,245 | +€32,688 | +78.7% |
| Amounts payable | 17/49 | €15,296 | €41,039 | +€25,743 | +168% |
| Amounts payable after more than one year | 17 | - | €24,042 | +€24,042 | |
| Financial debts | 170/4 | - | €24,042 | +€24,042 | |
| Amounts payable within one year | 42/48 | €15,296 | €16,997 | +€1,701 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,825 | +€5,825 | |
| Trade debts | 44 | €10,232 | €7,795 | -€2,437 | -23.8% |
| Suppliers | 440/4 | €10,232 | €7,795 | -€2,437 | -23.8% |
| Taxes, remuneration and social security | 45 | €5,064 | €3,377 | -€1,687 | -33.3% |
| Taxes | 450/3 | €4,904 | €3,377 | -€1,527 | -31.1% |
| Remuneration and social security | 454/9 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | €3,784 | +€3,096 | +450% |
| Other operating charges | 640/8 | €60 | €254 | +€194 | +325% |
| Gross operating margin | 9900 | €39,013 | €54,715 | +€15,701 | +40.2% |
| Operating profit (loss) | 9901 | €38,266 | €50,677 | +€12,411 | +32.4% |
| Financial income | 75/76B | €123 | €181 | +€58 | +47.5% |
| Recurring financial income | 75 | €123 | €181 | +€58 | +47.5% |
| Financial charges | 65/66B | €2,231 | €2,728 | +€497 | +22.3% |
| Recurring financial charges | 65 | €2,231 | €2,728 | +€497 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €36,157 | €48,130 | +€11,973 | +33.1% |
| Income taxes | 67/77 | €5,371 | €15,442 | +€10,071 | +188% |
| Profit (loss) for the period | 9904 | €30,786 | €32,688 | +€1,902 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,786 | €32,688 | +€1,902 | +6.2% |
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 29 October 2026 via checked.be.