LYNXS: 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.
LYNXS
Largest movements
- Receivables within one year -€87,791
down €87,791 (-80.9%), from €108,551 to €20,760
of which Trade receivables: -€92,140
- Tangible fixed assets +€60,176
up €60,176 (+441%), from €13,636 to €73,811
of which Furniture and vehicles: +€60,707
- Current investments +€30,001
up €30,001 (+142%), from €21,187 to €51,188
- Cash +€13,915
up €13,915 (+175%), from €7,960 to €21,875
mainly Receivables within one year (+€87,791) and Debts after one year (+€62,244)
- Debts after one year +€62,244
new in 2026: €62,244
- Profit (loss) carried forward -€46,885
down €46,885 (-64.0%), from €73,228 to €26,343
- Accrued charges and deferred income +€2,977
up €2,977 (+453%), from €657 to €3,634
- Short-term financial debts -€2,159
down €2,159 (-100%), from €2,159 to €0
- Gross operating margin -€39,552
down €39,552 (-39.6%), from €99,974 to €60,422
- Depreciation +€16,016
up €16,016 (+283%), from €5,652 to €21,667
- Taxes -€11,513
down €11,513 (-58.7%), from €19,599 to €8,086
- Financial charges +€3,034
up €3,034 (+659%), from €460 to €3,494
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,883 | €171,264 | +€16,382 | +10.6% |
| Fixed assets | 21/28 | €13,661 | €73,836 | +€60,176 | +440% |
| Tangible fixed assets | 22/27 | €13,636 | €73,811 | +€60,176 | +441% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,609 | €2,078 | -€531 | -20.4% |
| Furniture and vehicles | 24 | €10,076 | €70,783 | +€60,707 | +602% |
| Other tangible fixed assets | 26 | €950 | €950 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €141,222 | €97,428 | -€43,794 | -31.0% |
| Amounts receivable within one year | 40/41 | €108,551 | €20,760 | -€87,791 | -80.9% |
| Trade receivables | 40 | €104,140 | €12,000 | -€92,140 | -88.5% |
| Other amounts receivable | 41 | €4,411 | €8,760 | +€4,349 | +98.6% |
| Current investments | 50/53 | €21,187 | €51,188 | +€30,001 | +142% |
| Cash at bank and in hand | 54/58 | €7,960 | €21,875 | +€13,915 | +175% |
| Deferred charges and accrued income | 490/1 | €3,524 | €3,606 | +€82 | +2.3% |
| Total equity and liabilities | 10/49 | €154,883 | €171,264 | +€16,382 | +10.6% |
| Equity | 10/15 | €101,188 | €54,303 | -€46,885 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €4,492 | €2,996 | -€1,496 | -33.3% |
| Reserves | 13 | €4,868 | €6,364 | +€1,496 | +30.7% |
| Distributable reserves | 133 | €4,868 | €6,364 | +€1,496 | +30.7% |
| Profit (loss) carried forward | 14 | €73,228 | €26,343 | -€46,885 | -64.0% |
| Amounts payable | 17/49 | €53,694 | €116,961 | +€63,267 | +118% |
| Amounts payable after more than one year | 17 | - | €62,244 | +€62,244 | |
| Other amounts payable | 178/9 | - | €62,244 | +€62,244 | |
| Amounts payable within one year | 42/48 | €53,038 | €51,083 | -€1,955 | -3.7% |
| Financial debts | 43 | €2,159 | €0 | -€2,159 | -100% |
| Credit institutions | 430/8 | €2,159 | €0 | -€2,159 | -100% |
| Trade debts | 44 | €1,924 | €1,110 | -€814 | -42.3% |
| Suppliers | 440/4 | €1,924 | €1,110 | -€814 | -42.3% |
| Taxes, remuneration and social security | 45 | €5 | €117 | +€113 | +2,287% |
| Taxes | 450/3 | €5 | €117 | +€113 | +2,287% |
| Other amounts payable | 47/48 | €48,949 | €49,856 | +€906 | +1.9% |
| Accrued charges and deferred income | 492/3 | €657 | €3,634 | +€2,977 | +453% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,652 | €21,667 | +€16,016 | +283% |
| Other operating charges | 640/8 | €1,511 | €1,176 | -€335 | -22.1% |
| Gross operating margin | 9900 | €99,974 | €60,422 | -€39,552 | -39.6% |
| Operating profit (loss) | 9901 | €92,812 | €37,578 | -€55,233 | -59.5% |
| Financial income | 75/76B | €476 | €345 | -€131 | -27.5% |
| Recurring financial income | 75 | €476 | €345 | -€131 | -27.5% |
| Financial charges | 65/66B | €460 | €3,494 | +€3,034 | +659% |
| Recurring financial charges | 65 | €460 | €3,494 | +€3,034 | +659% |
| Profit (loss) for the period before taxes | 9903 | €92,827 | €34,429 | -€58,398 | -62.9% |
| Income taxes | 67/77 | €19,599 | €8,086 | -€11,513 | -58.7% |
| Profit (loss) for the period | 9904 | €73,228 | €26,343 | -€46,885 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,228 | €26,343 | -€46,885 | -64.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.